Phase 2 of PEAQ incentives for Krest early adopters is now live, available to Phase 1 participants, offering 88M in PEAQ incentives for MachineX liquidity provision in PEAQ/USDT (Feb 1st – Apr 30th) and PEAQ/wstPEAQ (May 1st - Jun 30). As the Krest network is scheduled to sunset, a migration window to convert KREST to PEAQ tokens will run Jan 31st - Feb 14th.
Krest holders can now calculate their Phase 1 PEAQ airdrop using the Krest Kalkulator. Daily snapshots are taken from August 3rd until PEAQ listing. The minimum requirement is to hold at least 2000 KREST during the snapshot period and on the day of launch. The total Phase 1 airdrop will be allocated based on the amount of KREST held across all snapshots. Phase 2 of the airdrop will involve providing liquidity to PEAQ-stablecoin and PEAQ-KREST pairs. All airdrop recipients will need to undergo a KYC process.
