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Paxos issued USDG will be on the SOL chain 1,000,000 USDG airdrop reward activity

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USDG is backed by a 1:1 US dollar reserve, including US dollar deposits, short-term US government bonds, and other cash equivalents. USDG has been approved by the Monetary Authority of Singapore (MAS) and fully complies with the stablecoin regulatory framework established by MAS in August 2023. The stablecoin will launch an airdrop reward activity on the SOL blockchain at 00:00 (UTC+8) on July 10th, and will expand to more public chains in the future based on regulatory developments.

How to Benefit from SOL Chain Airdrop

• Earn rewards by holding USDG through SOL/USDT/USDC exchanges on the SOL chain

• SOL chain will take multiple random snapshots of users' USDG holdings and total pool holdings every hour to calculate users' hourly average holdings on the earning platform. The SOL ecosystem will calculate user rewards through historical snapshots of USDG holdings after the random time period of this announcement;

• Token Holding Reward Allocation

Basic Holding: ≥100 USDG Daily reward 1%

Intermediate Holding: ≥10000 USDG Daily reward 2%

Advanced Holding: ≥20000 USDG Daily reward 3%

• Share more participants and earn contributor rewards in the SOL ecosystem!

Regular Contribution: Share holdings reaching 5000 USDG, earn additional sharing reward: 1%

Excellent Contribution: Share holdings reaching 10000 USDG, earn additional sharing reward: 2%

Each wallet will receive a fixed amount of USDG based on the holding quantity, funded by World Liberty Financial, Inc. (the final amount will be determined by the number of qualifying wallets and budget). Distribution will be through the SOL ecosystem's own on-chain airdrop system.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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