Exclusive Airdrop Alert: BTC DeFi OG Only

Published in

NUTS Finance

3 min readMay 26, 2021

👁 The biggest airdrop in ACoconut history is here!

Calling all BTC DeF OGs! Today we are thrilled to announce the launch of a highly exclusive airdrop campaign, BTC DeFi OG Only.

tl;dr

100,000 AC airdrop for 100 qualified addresses. First come first serve
Badger Sett Vault users who have provided Curve BTC liquidity greater than 10 via any of the following pools: renBTCCRV, sBTCCRV, tBTCCRV, hrenBTCCRV has a chance to qualify
Check airdrop eligibility via https://app.acoconut.fi/airdrop

This airdrop campaign is our token of appreciation for your trailblazing efforts in putting your BTC to work in DeFi protocols.

The BTC DeFi OG Only campaign is specially designed to reward the Badger and Curve community.

Namely, users who have been supplying liquidity to Badger’s Curve BTC Sett Vaults will be the beneficiaries of this airdrop campaign.

👇See below for qualifying conditions.

Campaign Objectives

Similar to our vision at ACoconut, Badger DAO has been doing fantastic work in building the infrastructure to bring Bitcoin to DeFi. To align interests for both teams, we have set forth a few objectives with this airdrop campaign:

To enable Badger Sett Vaults LP token holders generate additional yields on their LP tokens
To increase usability on Badger Sett Vaults LP tokens with our Composite Plus Asset Protocol
To bootstrap TVL for CurveBTC+ in order to route BTC liquidity to Curve Finance

Qualifying Conditions

In order to qualify for the BTC OG Only airdrop, your wallet address must satisfy the following conditions:

I. Historical aggregate balance of Badger’s Curve BTC LP* > 10
II. Current balance of CurveBTC+ > 1

snapshot was taken on 13:00 May 17, 2021 (UTC+8) which includes all addresses holding Badger’s Curve BTC LP tokens: renBTCCRV, sBTCCRV, tBTCCRV, hrenBTCCRV.

Airdrop Details

Max Quota: 100,000 AC

Number of Rewards: 100 qualified addresses. 1,000 AC per qualified address

Start Time: 17:00 May 26, 2021 (UTC+8)

End Time: First 100 address to make a claim OR 17:00 June 26, 2021 (UTC+8)

Am I Qualified?

Access the Airdrop page on ACoconut v2 Ethereum via https://app.acoconut.fi/airdrop
Connect your wallet
It will automatically run a query against the 2 pre-conditions. If you see the “✔” icon for both conditions, you are qualified to make a claim
If you currently do not have CurveBTC+, follow the instructions here to mint CurveBTC+

Resources:

CurveBTC+: Usable and interest-bearing BTC for Curve LP
CurveBTC+ Participation Guide
Introducing ACoconut v2
ACoconut: The First Cross-Chain BTC Yield Aggregator
Join Telegram → https://t.me/acbtc_community
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.