Infrastructure Layer Avail Announces 600M Token Airdrop to Unify Web3 Ecosystems
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Infrastructure Layer Avail Announces 600M Token Airdrop to Unify Web3 Ecosystems

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1 month ago

Avail has announced a significant airdrop of 600 million AVAIL tokens to its users.

Infrastructure Layer Avail Announces 600M Token Airdrop to Unify Web3 Ecosystems
Avail has announced a significant airdrop of 600 million AVAIL tokens to its users. The initiative, known as the Unification Drop, aims to bring together diverse communities and reward various contributors from multiple blockchain ecosystems, including developers, governance participants, technical educators, rollup users, stakers, and others.
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Established in 2020, Avail is a Web3 infrastructure layer developed using Polygon's software development kit, comprising three main segments: Nexus, Fusion, and DA. Avail DA enhances base-layer transactions by scaling rollups through techniques like KZG commitments and data availability sampling. Avail Nexus serves as a cross-chain bridge, facilitating transactions and asset swapping across multiple blockchains. Avail Fusion, on the other hand, enables the liquid staking of assets on Ethereum, Bitcoin, and other platforms.

The 600 million tokens allocated for the airdrop will be allocated as follows: Rollup users on various layer-2 blockchains (380 million), blockchain developers (90 million), Polygon stakers (70 million), testnet users (49.5 million), community contributors (10.5 million). Notably, the airdrop is not limited to Avail or Polygon ecosystem users, as it aims to unify Web3 at its core, encompassing contributions from Bitcoin, Ethereum, Solana, Cosmos, Avalanche, Near, and other blockchain ecosystems.

The AVAIL token plays a crucial role in accessing Avail DA services, securing the unification layer through staking, and participating in governance. Once the mainnet is launched, a total of 354,605 wallet addresses will receive the AVAIL token through the airdrop.

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