ACoconut v2 Beta Testing Airdrop Guideline

Terry Lam
NUTS Finance
Published in
2 min readApr 4, 2021

AC Airdropppp it like it’s hottt!

ACoconut v2 on BSC beta testing has been a tremendous success! A big round of applause to everyone who participated and provided us with enhancement suggestions, bug reports and improvement plans.

Final numbers as of the official beta testing end time on 16:59 4/3/2021 (UTC+8):

  • 21,673 AC tokens are allocated to the BSC beta testing airdrop campaign
  • 564 unique addresses have successfully interacted with ACoconut v2
  • 53,446 mock AC mined

Airdrop Guideline

  • Users who have successfully interacted with the ACoconut v2 protocol suite are eligible for AC Airdrop. Table below presents the qualifying and reward conditions:
  • The Airdrop Qualified amount is to be claimed in 2 separate batches. Each batch will last for 7 days, and users must make a claim before each batch expires.
  • AC Airdrop will be made available for claim before 23:59 4/6/2021 (UTC+8)

Example: Alice minted vBTC+ and autoBTC+ with 2 different addresses. She mined 300 mAC by only depositing vBTC+ to the vBTC+ gauge.

2 addresses used to mint of Single+ tokens = 20 AC

mAC mined from vBTC+ gauge = 90 AC

In total, Alice is eligible for 110 AC airdrop (10 AC for address 1, 100 AC for wallet 2).

How to Claim AC Airdrop

  1. Access the Airdrop page in the navigation menu. Click “Claim” before Batch 1 expires in 7 days.
  2. Repeat the Step 1 for Batch 2. Make sure to claim before Batch 2 expiration.
  3. Repeat Step 1 and 2 for all the addresses you have used to interact with ACoconut v2.

Resources:

  1. Introducing ACoconut v2
  2. ACoconut: The First Cross-Chain BTC Yield Aggregator
  3. Introducing ACoconut Tokenomics v2
  4. Join Telegram → https://t.me/acbtc_community
  5. Join Discord → https://discord.com/invite/mvANFYe

About ACoconut
ACoconut is a BTC DeFi protocol suite designed to enable frictionless movement of BTC liquidity between decentralized systems. The ACoconut protocol suite consists of BTC+ and acBTC, powered by NUTS Finance.

About NUTS Finance
NUTS Finance is a blockchain development DAO focuses on building secure, composable and open source technology to empower financial applications on the blockchain. Our team is composed of experienced developers, financiers and serial entrepreneurs.

Website | Docs | Github | Discord | Telegram | Medium | Twitter

--

--