Warp Finance is pleased to announce that the Warp Token ($WARP) will launch during its Token Generation Event (TGE). Individuals who deposited stablecoins and LP tokens into the protocol during its deposit only period and deposited and borrowed stablecoins when rewards were accruing will be receiving an airdrop of the Warp Tokens they have earned, on Thursday, February 11th, 2021.
The Token Generation Event is Thursday the 11th at 18:00 UTC.
Furthermore, the Warp Token Liquidity Geyser will be deployed in the following days with its announcement 24h in advance.
On Thursday, February 11th, Warp Tokens will be airdropped to users who have earned them as rewards.
Users who earned rewards before the exploit and for the period of time before the TGE will receive Warp Tokens in the airdrop. Users who earned our social NFTs will also be receiving airdropped rewards.
We will be listing on Uniswap (https://uniswap.org/). The Warp Token address is: 0xed40834a13129509a89be39a9be9c0e96a0ddd71.
The Warp Community Fund is located at the following address: 0x3d4371dac3a6095ba5a3748a18fa0ec6c0fc0825.
Further, Warp Team Tokens will be locked in TrustSwap (https://trustswap.org/) via their Smart Locks tool for liquidity locking and team vesting.
The Warp Token Liquidity Geyser deploys in the coming days.
The geyser will allow users to generate Warp rewards from WARP/ETH liquidity provisioning (LP) tokens earned from Uniswap. This will be a part of our “Liquidity Rush” event, where Warp Finance will give out 3% of the total token supply as rewards to WARP/ETH liquidity providers in one week.
After the Liquidity Rush, remaining geyser rewards tokens will be vested linearly over the course of 6 months, with options to extend it through governance and the Warp Community Fund.
All the details about our Liquidity Rush and remaining Warp Token distribution plans can be found in our Litepaper.