Early Adopter Program
The Early Adopter Program uses a TVL milestone-based vesting mechanism.
Early adopter rewards are available for 6 different phases of LHYPE’s roll out.
Token unlocks will happen when cumulative TVL targets are hit across all Liquid Looping Tokens (LLTs) such as loopedHYPE, loopedETH, and more. Throughout each phase, at least 40% of the unlocked LOOP will go directly to Liquid Looping Token holders.
Phase-1: $5M TVL (5% LOOP unlocked)✔ - Airdrop completePhase-2: $50M TVL (6% LOOP unlocked)✔ - Airdrop pendingPhase-3: $100M TVL (7% LOOP unlocked)
Phase-4: $200M TVL (8% LOOP unlocked)
Phase-5: $500M TVL (9% LOOP unlocked)
Phase-6: $1B TVL (10% LOOP unlocked)
By staking $LOOP you can earn a multiplier for each phase of the Early Adopter Airdrops.
All wallets that hold native LHYPE and/or any eligible LHYPE DeFi positions at the time each Phase ends, will earn a pro-rata share of the token supply.
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