Abstract

First of all, we would like to express our sincere thanks and appreciation to all people who participated in the airdrop and helped breathe life into this GalaxyDefi project.

As you know, GalaxyDefi was recently launched (about two weeks ago). However, we feel we have traveled a long way in this short journey. Starting from a price of $0.1, we reached ATH at $1.9 in 1 day and fell to $0.01, but, there are still many things to achieve and a great deal to be done. Hence, we would like to make some significant changes to our project. We would like to suggest a change in the way we distribute the airdrop. Kindly leave your votes using your GLX & Syrup balance. The option with an overall majority will be passed.

Background

Until now, we have accomplished 3,281,110 allocation points for the airdrop program. This is approximately 270 GLX per participant. But the total amount of the airdrop is 9,000,000 GLX which could have a significant impact on the price once fully distributed. For this reason, we would like to open a proposal to let the community vote for the most efficient way to proceed.

Specification

To claim the airdrop, users could go on the GalaxyDefi website, connect their wallets, then click on the Claim button or claim directly on the Telegram bot. However, we could divide the distribution process into several days by setting a daily claim limit. There are three options available to vote for:

Option 1: Daily limit 200K GLX - max claim 500 GLX. Option 2: Daily limit 300K GLX - max claim 500 GLX. Option 3: Immediate distribution with no daily limit.