Polyhedra to Airdrop Soulbound Token (SBT) Badges to Stakers
CryptoNewsTerminal Staff05 Aug, 2024
Polyhedra to Airdrop Soulbound Token (SBT) Badges to Stakers
Polyhedra, a zero-knowledge proof-based decentralized computing network, has announced via its official Twitter account that it will be "airdropping Soulbound Tokens (SBT) badges to Polyhedra Network Program Token Stakers before 9 AM (KST) on the 8th." This airdrop is part of Polyhedra's ongoing efforts to reward its community members for their support. SBTs are non-transferable tokens that represent a person's accomplishments or affiliations. They are becoming increasingly popular as a way to verify identity and track progress in decentralized applications. In order to be eligible for the airdrop, users must have staked at least 100 PHT tokens before the snapshot date of January 1, 2023. The amount of SBTs that users receive will be proportional to the amount of PHT staked. This airdrop is a great opportunity for Polyhedra stakers to earn additional rewards for their support. SBTs can be used to verify identity, such as when applying for a job or becoming a member of a decentralized autonomous organization (DAO). They can also be used to track progress in decentralized applications, such as completing quests or earning achievements.