7.5m Floor Protocol tokens will be airdropped to WOOFi users based on a retroactive snapshot

It’s about to rain FLC

It’s no secret that the WOO ecosystem and Floor Protocol have been working closely to transform the way we trade NFTs. WOO X has listed a slew of μtokens, hosted X spaces with all major NFT communities, and initiated a six-week educational campaign in partnership with Galxe.

Now we’re upping the ante…starting with an ecosystem-wide airdrop of Floor Protocol’s native token - FLC - to stakers of the WOO token.

Eligibility criteria

First things first.. to check if you’re eligible, visit the WOOFi app and click the button that says ‘check eligibility’ at the top of the screen. Connect your web3 wallet and from there you’ll be able to view the number of FLC tokens you’ve been allocated. Please note: individual allocations have been calculated based on each user’s total staked multiplier points at 00:00 UTC on April 8th.

To claim your tokens, you MUST meet 2 criteria at the time of a second snapshot that will be taken on April 15th at 00:00 UTC:

• Your 7-day trading volume challenge on WOOFi Stake must be completed*

• You do not have less staked MPs than you did at 00:00 UTC on April 8th

*Please note: you need to have 1800 or more WOO staked) to complete the trading volume challenge

‘What happens if I don’t meet the criteria?’ I hear some of you asking. In that case, your FLC tokens will instead be distributed between all stakers who do meet the criteria, so it’s imperative that you take action. WOOFi stakers who meet the criteria when the second snapshot is taken will be able to claim their tokens shortly after April 15th, and the claim window will be live for two weeks.

Don’t miss out again

This wasn’t the first airdrop to WOOFi stakers, and it won’t be the last. If you weren't eligible this time, you can ensure that you are next time by staking any amount of WOOFi’s native token - WOO - at fi.woo.org/stake. To learn more about WOOFi Stake’s benefits which include 80% revenue share, USDC rewards, and no unstaking period or fee - check out our GitBook!

About WOOFi

WOOFi is a leading DEX with over $14B cumulative trading volume and 250k+ monthly active users. It supports 11 blockchains and boasts a diverse range of products that include earn vaults, simple swaps, cross-chain swaps, and perpetual futures. The native token of WOOFi is WOO and it can be staked to share 80% of all protocol fees.

About Floor Protocol

Flooring Protocol is a platform that allows people to fractionalize their NFTs into micro-tokens called μ-Tokens. This improves affordability and liquidity. Users can deposit NFTs into the Vault to relinquish unique ownership of that NFT or into Safeboxes to maintain ownership using a Safebox Key.

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The content above is neither a recommendation for investment and trading strategies nor does it constitute an investment offer, solicitation, or recommendation of any product or service. The content is for informational sharing purposes only. Anyone who makes or changes the investment decision based on the content shall undertake the result or loss by himself/herself.

The content of this document has been translated into different languages and shared throughout different platforms. In case of any discrepancy or inconsistency between different posts caused by mistranslations, the English version on WOOFi’s official website shall prevail.