If you were a Synthetix or Kwenta user, you have 4 days left to claim kwenta "airdrop" 🚨

Instead of directly airdropping, @kwenta_io is allowing early users to buy $KWENTA at a huge discount

Public sale: ❌ ~$300 price Early users: ✅ ~$30 price

Details here:

1/7

What is Kwenta?

They enable trading synths (long/short perps) with up to 25x leverage.

In January this year, they confirmed the $KWENTA token.

I wrote about it here 👇

twitter.com/OlimpioCrypto/status/1485766442788208643

2/7

Eligibility criteria: who can participate on this discounted sale?

• 5% will go to eligible users who traded in Kwenta between Jan 1st 2020 - Feb 1st 2022

• 30% of KWENTA will go to $SNX stakers (active between Sept 1st 2021 - Feb 1st 2022)

🔗 docs.kwenta.io/dao/sovereignty/synthetix-staker-and-synth-trader-aelin-pool/how-to-participate-in-the-aelin-pool

3/7

How does this "airdrop" work?

It's not an airdrop really, just a (very) discounted token sale.

$KWENTA 1st public sale ended on Feb 2022 at a valuation of 100M.

• Raised 5M USD • Sold 15668.65 vKWENTA • Price: 319.10 USD/token

Ended token sale: app.aelin.xyz/pool/optimism/0x20369baa917bd1867bdafc24d72458ac777c9a2c

4/..

Now, eligible users can buy the token at 31.91 sUSD per veKWENTA.

That's 1/10 of the price paid by previous raise: 319.10 sUSD per veKWENTA.

You can check your eligibility here:

🔗 kwenta.eth.limo/dashboard

(right corner)

5/..

If you are eligible, you can buy $KWENTA with a discount in the Aelin pool:

🔗 app.aelin.xyz/pool/mainnet/0x21f4F88a95f656ef4ee1ea107569b3b38cf8daef

🚨 Only 4 days left to participate 🚨

Only one purchase allowed, so be mindful, you cannot buy again later

6/

Tokenomics

• Total supply: 1M in 4 years (most of them are locked) • Initial supply: 313 373

$KWENTA distribution:

• 25% - Community Growth Fund • 5% - Early Synth Traders • 15% - Core Contributors • 30% - $SNX Stakers • 5% - Investment • 20% - Treasury

7/7

Other helpful links:

• Sale details: docs.kwenta.io/dao/sovereignty/synthetix-staker-and-synth-trader-aelin-pool/pool-details • Tokenomics: docs.kwenta.io/dao/kwenta-tokenomics • $KWENTA launch distribution: kips.kwenta.io/kips/kip-13/

We are in a bear market so we cannot know what happens to the price once it becomes tradable.

People thought $HFT from Hasflow would go to $10, and now it's trading at $0.70.

Regardless, we can see there is people willing to pay $300 for this token, so discount seems reasonable