Avalaunch has recently unveiled a strategic partnership with Colony Lab, marking a significant milestone with the announcement of an airdrop involving 1% of the CLY supply. This initiative is designed to bolster support for burgeoning projects on the Avalanche blockchain, enhancing the ecosystem's growth and stability.
Details on the Airdrop and How to Qualify
To participate in this airdrop, users are required to stake their XAVA tokens on Avalaunch. Additionally, those who commit to staking 100% of their initial CLY airdrop on the Colony platform will qualify for a second installment of the airdrop, further incentivizing participant engagement and investment in the platform's success. Avalaunch has emphasized the importance of vigilance, urging users to avoid phishing attempts by only interacting with official links.
Claiming the Airdrop
The claim portal for the first half of the CLY airdrop is now active, enabling participants to secure their tokens promptly. To be eligible for the second half of the airdrop, users must stake their CLY by June 8. Avalaunch has stressed that participants should only use official websites for all claims and transactions to avoid potential scams and ensure the security of their investments.
Important Reminder: Avalaunch has issued a warning against connecting wallets to unverified sites, highlighting the risks of cyber threats and emphasizing the need for heightened security measures among users.
This collaboration between Avalaunch and Colony Lab not only aims to reward loyal community members but also to foster a more interconnected and robust network of blockchain projects. By supporting this initiative, participants can potentially reap significant benefits while contributing to the broader Avalanche ecosystem's development.