Project Overview
Last updated
Last updated
Skyren, a platform designed to facilitate the distribution of crypto airdrops, leverages the SKYRN token and Skyren DAO in the following manner:
Liquidity Provision: When an eligible project necessitates liquidity provision, Skyren taps into its DAO treasury to supply the required capital. The ownership of this treasury rests with the Skyren community, mandating voting by SKYRN holders for the execution of liquidity provision transactions.
Reward Distribution: Upon the deployment of capital, all SKYRN holders are entitled to a proportion of the airdrop or liquid token rewards, which are distributed equally among them. The allocation of rewards is proportionate to the number of SKYRN tokens held by individuals.
DAO Allocation and Distribution: 10% of all rewards earned by the Skyren DAO are immediately reinvested into its capital holdings in preparation for the next earning event. Another 10% of the rewards are allocated to the Skyren DAO Boost and distributed proportionally to participants. Additionally, 5% of the rewards are directed to Project Contributors to incentivize their continued development and innovation within the Skyren Ecosystem. The remaining 75% of the rewards are distributed proportionately to holders of the SKYRN token.
Reward Disbursement: Rewards are promptly disbursed to SKYRN token holders via smart contract immediately upon collection by Skyren.
Exclusive Education Center. This center, built on Discord, allows crypto users to track and manage task-based crypto airdrops. The Discord community is staffed 24/7 by crypto experts ready to assist users with airdrop-related queries or general crypto information. This feature provides SKYRN holders with round-the-clock support, akin to having 24/7 customer service dedicated to the world of crypto.
