The team behind the Hyperlane interoperability protocol shared its next Airdrop Token plans that occur at the end of the month.
The Airdrop will occur on April 22, and users can verify their eligibility to receive $ Hyper Tokens through a portal provided by the Hyperlane Foundation before April 13, the team shared in a press release with COINDESK.
The distribution of Token will go mainly to the community, with 57%of the supply that goes to users, while the remaining circulating tokens will be distributed to the central team (25%), investors (10.9%) and the treasure of the Foundation (7.1%).
The team also shared that the Airdrop will be completely unlocked for community recipients, while the main team and investor tokens will be blocked during the first 12 months.
In addition to the distribution of the Token to the first users, Hyperlane is dating its “expansion rewards” program, which is based on the activity of developers and the end user of the chain, and each quarter will be distributed to users proportional to their activity in the network.
“The assignment of retroactive token in TGE is only the first of many in the coming years, since the property of the protocol begins to move in the hands of the developers and end users who depend on Hyperlane to send assets and other critical messages through the chains,” said Nam Chu Hoai, co -founder of Hyperlane.
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