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AMP Foundation announces the launch of the Anvil Protocol mainnet and launches the ANVL governance token airdrop

2024-05-02 08:17:25BlockBeatsShare to:

According to BlockBeats, on May 2, the AMP Foundation (AF) announced the launch of the initial phase of the Anvil Protocol mainnet launch and the launch of the protocol's governance token ANVL. The Anvil Protocol aims to become a scalable collateral primitive in the DeFi field, and the ANVL token will be in charge of all core matters including protocol upgrades, asset support, and external contract approval. AF stated that in order to support the launch of the Anvil mainnet, ANVL tokens will be airdropped for free to addresses that provide AMP collateral on the Capacity platform. The snapshot will be taken at Ethereum block height 20,000,000, and the estimated time is around June 1, 2024 UTC. At that time, the user's ANVL holdings will correspond 1:1 to the pledged AMP holdings. The ANVL obtained from the airdrop will follow a 48-month linear release plan, starting 12 months after the snapshot date, for a total of 60 months. Users must prove the validity of the address by completing an operation on the anvil.xyz/claim website or interacting with the ANVL claim contract on Etherscan within 12 months after the snapshot, otherwise they will face the risk of having their ANVL quota confiscated.

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