Bittime - One of the recent news that caught the attention of the crypto community was the announcement of the Bluefin airdrop for NAVI Protocol users and NAVX token holders. This information has been confirmed by official NAVI Protocol sources.
What is NAVI Protocol?
NAVI Protocol is an ecological liquidity protocol on the Sui network, has established a strategic partnership with Bluefin. As part of its appreciation to its community, Bluefin will distribute airdrops to users who support NAVI Protocol and own NAVX tokens.
This announcement has generated great enthusiasm among the crypto community, especially those who have long supported and contributed to the NAVI ecosystem.
Bluefin Airdrop Distribution System
Source: X/@navi_protocol
Bluefin airdrop distribution will be carried out based on two main criteria: NAVI leaderboard points and NAVX holdings in user wallets. This distribution system was designed taking into account users' active participation in the NAVI ecosystem and their commitment to the NAVX token. A total of 10,000 community members will receive this airdrop.
Specifically, the distribution of Bluefin tokens for the NAVI community will be determined by a weighted system as follows:
- 60% of the weight is given based on normalized leaderboard points. These leaderboard points reflect the user's level of participation and contribution in NAVI ecosystem activities.
- 40% of the weighting is assigned based on the number of NAVX holdings. This includes NAVX held in the wallet as well as NAVX provided in the NAVI protocol.
Detailed Bluefin Airdrop Eligible Criteria and Conditions
The eligibility criteria for receiving Bluefin airdrops have been carefully calculated to ensure fair and equitable distribution to an active community. NAVI leaderboard points are accumulated based on various activities in the ecosystem, such as staking, liquidity provision, and participation in community events.
Meanwhile, for NAVX ownership, tokens held in the user's wallet as well as those provided in the NAVI protocol will be counted. Thus, users who actively contribute and hold NAVX tokens have a great chance of receiving this airdrop.
NAVI and Bluefin's Future Prospects
The collaboration between NAVI Protocol and Bluefin not only shows the strong synergy between these two entities, but also marks a step forward in the cryptocurrency ecosystem.
With the Bluefin airdrop, it is hoped that more users will be interested in getting involved in NAVI Protocol and holding NAVX tokens.
NAVI Protocol has demonstrated a strong commitment to building a sustainable and profitable ecosystem for all parties involved. Through the partnership with Bluefin and this airdrop initiative, NAVI continues to strengthen its position as one of the leading liquidity protocols on the Sui network.
Conclusion
With this Bluefin airdrop, NAVI Protocol shows that they always try to provide the best for their community. For users who have supported and held NAVX tokens, this is a moment to celebrate and feel the benefits of their contribution by participating in the Bluefin airdrop.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet.
For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
CryptoPunks Plummet, Will the Era of Ethereum NFTs End?
What is Bitlayer: The Rising Star in the Bitcoin Ecosystem
Bento Batch Launches Bento Verse NFT: Celebration of 10,000 Users and 500,000 Batch Transactions
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
Comments
0 comments
Please sign in to leave a comment.