BEND Airdrop will be the first move of the BEND Fair Launch.
500,000,000 BEND (5% of the BEND total supply) will be allocated to the whole NFT community in terms of Airdrop.
To avoid the unnecessary GAS cost, eligible users can claim BEND during a window of 90 days starting from March 20th, from 2022-03-20 16:57:03 GMT+0 to GMT 2022-06-18 16:57:03 GMT+0. All unclaimed BEND tokens will be reallocated to the DAO Treasury.
OpenSea users who traded between Ethereum Block 13162318 on September 5th, 2021 and Block 14323604 on March 5th, 2022.
Users who hold the bluechip NFTs on March 5th, 12 am UTC. Bluechip NFTs are Crypto Punks, Bored Ape YC, Mutant Ape YC, Cool Cats, Doodles, CLONE X, Azuki, World of Women and CyberKongz.
Borrowers and lenders who joined P2P NFT lending before Block 14323604 on March 5th, 2022.
500 lucky boundNFT OGs will be announced on Bend Discord.
For Fairness of bluechips votes into the protocol, each of the collections gets the same total bend airdrops.
5 tiers for OpenSea users. Each eligible wallet will be able to claim an amount of BEND corresponding to their total trading volume in ETH on OpenSea.
6 tiers for NFTfi users. Each eligible wallet will be able to claim an amount of BEND corresponding to their loan volume in ETH on NFTfi.
No extra conditions.
BEND is the governance token of Bend DAO.
BEND holders can stake BEND to get vote-escrowed BEND (veBEND).
Holders of veBEND can participate in voting on which NFT as collateral that Bend protocol can support for borrowing ETH and providing liquidity. It will benefit all the NFT holders as long as the supported NFT liquidity improved.
- BEND stakers share 100% of the protocol income.
NFT projects with Instant NFT-backed Loan support will create a positive liquidity cycle for the project which will bring more strong price support and long-term community development.
CryptoPunks and Bored Ape YC are the recognized blue chips that are supported as collaterals when Bend officially launches. Mutant Ape YC, Azuki, Clone X, and Doodles are selected by Bend DAO members who stake BEND.
- Bend official mainnet launch
- Multi-sig ElectionMuti-sig Election is to form the committee to monitor the transactions and to reject the transactions that are not supposed to be executed on behalf of the Bend DAO Treasury.