Glif plans to Airdrop 1 billion GLIF, accounting for 10% of the total supply, to qualified users who provide Liquidity stake protocol.

Odaily Planet Daily News FIL ecosystem Liquiditystakeprotocol Glif is about to launch its native Token GLIF, with a total supply of 1 billion, of which 10% (i.e. 100 million) will be Airdropped to eligible users. These Tokens will be distributed at a ratio of 1:1 to GLIF point holders with at least 1 point, and any unused Tokens will be returned to the community rewards pool. Glif states that Airdrop recipients will immediately receive 25% of the Tokens, while the remaining 75% will vest linearly over 180 days, similar to the Block Reward structure of the FIL network. The unvested Tokens will still count towards governance voting weight. Glif founder and CEO Jonathan Schwartz said that so far, Glif has issued more than 82 million GLIF points and plans to make a final distribution before the TGE to reach a potential total of 100 million. Although the TGE date has not been determined yet, the goal is to hold it at the end of this year or early next year. Once the Airdrop claim window opens, it will last for 12 months. (The Block)