Avalaunch Announces Colony (CLY) Airdrop Claims Opening

IconCrypto News Terminal25 Apr, 2024

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Avalaunch Announces Colony (CLY) Airdrop Claims Opening

IDO platform Avalaunch has announced the opening of airdrop claims for Colony (CLY), an accelerator in the Avalanche ecosystem. Previously, Avalanche had entered into a partnership with Colony, expressing plans to airdrop 1% of CLY's supply to the Avalaunch community. The airdrop will be conducted in two phases. Phase 1 will commence on [date] and will allow Avalaunch users who have staked their Avalaunch tokens (XAVA) on the platform to claim their CLY tokens. Phase 2 will commence on [date] and will allow all Avalaunch users to claim their CLY tokens. Previously on [date], Avalanche entered into a partnership with Colony, an accelerator in the Avalanche ecosystem. Avalanche planned to airdrop 1% of CLY's supply to the Avalaunch community.