Defi Franc is airdropping Free $MON tokens to $GHNY hodlers for a limited time period of 4 weeks.
Defi Franc is a decentralized borrowing protocol that allows you to draw 0% interest loans against $ETH and $wBTC used as collateral. Loans are paid out in DCHF, a Swiss Franc pegged stablecoin, and need to maintain a minimum collateral ratio of only 110%. The $MON token will be launched with an Airdrop on the 25th of September 2022.
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Step by Step Guide Defi Franc Airdrop
1. Visit the Defi Franc Airdrop page
2. For a time period of 4 weeks, every day at a random time, Defi Franc makes a Snapshot and counts your $GHNY holdings. At the end of this period, the Average of your GHNY holding is calculated. The last days of the Snapshot are weighted more than the first days. This calculated average is a crucial value for the amount of your $MON Airdrop.
* Per average $GHNY holding, you will receive ~10 $MON tokens. The Snapshot Period Ends on the 23rd of September, 2022.
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