Liquidity staking protocol Glif plans to airdrop 100 million GLIF to qualified users, accounting for 10% of the total supply

Filecoin ecosystem liquidity pledge protocol Glif is about to launch its native token GLIF, with a total supply of 1 billion, of which 10% (i.e. 100 million) will be airdropped to eligible users. These tokens will be distributed at a 1:1 ratio to GLIF point holders with at least 1 point, and any unused tokens will return to the community reward pool. Glif said that airdrop recipients can get 25% of the tokens immediately, while the remaining 75% will be linearly vested within 180 days, which is similar to the block reward structure of the Filecoin network. Unvested tokens will still be counted in the governance voting weight. Jonathan Schwartz, founder and CEO of Glif, said that Glif has issued more than 82 million GLIF points so far and plans to make a final distribution before the TGE, bringing the potential total to 100 million. Although the TGE date has not yet been determined, the goal is to conduct it at the end of this year or early next year. Once the airdrop claim window is open, it will last for 12 months. (The Block)