As previously announced back in 2023, you will need to hold a minimum of 2K Krest tokens in a non custodial wallet (i.e. in your web3 account and not on centralised exchanges).
The update now clarifies that the snapshot will happen after the go live of the Peaq mainnet. Furthermore, there will now be two phases for airdrop as well as other considerations such as length of time holding Krest.
Those eligible can just stick phase 1 of the airdrop, where Peaq tokens will be airdropped to the same account that holds Krest^.
Phase 2 is optional, and will allow those eligible to increase the amount airdropped by providing liquidity. Various details on providing liquidity are to be announced, however, we do know that there is an option to provide additional liquidity. It is only after a lock-up period of 6 months when Peaq tokens will be airdropped to the same account that holds Krest^.
^ *you will need to switch to the Peaq parachain. *
Check out the blog article for more information.
#PEAQ #KREST #DEPIN #AIRDROP #BONUS
https://www.peaq.network/blog/peaq-airdrop-for-krest-holders-how-to-double-your-rewards
