Pyth Network Announces Phase 2 Airdrop for DApps
Pyth Network has recently announced token rewards for 167 decentralized applications (DApps) utilizing its Oracle services.
Specifically, 100 million PYTH tokens will be allocated to eligible projects, based on criteria such as transaction volume and the total value of assets attracted.
The Pyth Retrospective Airdrop was not just for DeFi participants and individuals from the community.$PYTH Tokens have been distributed to over 160 #PoweredByPyth dApps across 27 chains.
— Pyth Network 🔮 (@PythNetwork) February 7, 2024
Learn more below: pic.twitter.com/4zH82PMluR
According to Pyth Network's announcement, the rewarded projects will develop plans to redistribute the rewards to their users. Therefore, users should stay updated with information from the projects receiving tokens in this second phase.
The project also advises users to be cautious of malicious links that could compromise their accounts.
Previously, in November 2023, Pyth Network announced the first phase of the airdrop, which rewarded users who had utilized DApps integrated with the Oracle solution. These DApps spanned various ecosystems, including Ethereum, Solana, Aptos, and Sui. A total of 90,000 individual wallet addresses qualified for rewards in that phase.
