🤑Airdrop plan

Corridor Finance established the goals of expanding BRC20 to more DeFi protocols and bringing more utilities for BRC20 tokens. Since the beginning of the project, we have decided to allocate 5% token incentives/airdrop to all DeFi protocols or relevant projects that can bring value to BRC20 communities.

Currently Corridor Finance has a bridge between BTC mainnet to EVM networks, including ETH, BASE, OP, ARB, Matic & BNB. For BTC L2 side: we have integrated with Bsquare network, Bob Network. Projects from above chains or L2 can apply for the token incentives.

Incentives will be sent to following BRC20 communities, $ORDI, $SATS, $BTCS, $RATS, $MMSS, $AINN, $RCSV, $MICE, $TRAC, $.COM, $MTBX, $LIGO, $PIIN, $EORB, $CATS, $SLOR, $SCAT, $LONG, $ORNJ, $MEME, $ORMM, $BXDX, $BNAN but not limited to those above communities.

How it apply

Please fill out the form to submit your proposal.

Apply link: https://forms.gle/tSr6pRx6QMrMDjJJ6

We will review and announce the projects on a weekly basis until the whole 5% of incentives are released.

We welcome projects of exceptional quality across various domains, including but not limited to Decentralized Finance (DeFi), gaming, the metaverse, governance, and educational initiatives.

Criteria

Selections will be made based on the following criteria:

- Enhancements to liquidity for BRC-20 communities

- Innovative utility advancements for BRC-20 communities

Examples

Different scenarios for supporting BRC20 tokens. We take the ORDI token as an example.

1. **Lending Protocols:**

- Allow ORDI tokens as collateral.

- We will incentivize lending platforms to integrate ORDI tokens by offering a portion of the incentive tokens as rewards for borrowers and lenders using ORDI as collateral.

2. **Decentralized Exchanges (DEXes):**

- Add ORDI tokens into the farming pool.

- Allocate a portion of the incentive tokens to be distributed as rewards to liquidity providers.

3. **Yield Protocols:**

- Enable farming on ORDI tokens.

- Allocate a portion of the incentive tokens to be distributed as rewards to users who stake ORDI tokens in yield farming protocols.

4. **Index Protocols:**

- Add ORDI tokens into a new ORDI fund.

- Allocate a portion of the incentive tokens to be distributed as rewards to index participants who include ORDI fund in their portfolio.

5. **Derivatives Protocols:**

- Provide on-chain derivatives like options for ORDI tokens.

- Allocate a portion of the incentive tokens to be distributed as rewards to users who engage in trading ORDI token derivatives.

6. **Community Building:**

- Allocate a portion of the incentive tokens to fund community initiatives, such as organizing events, conducting educational programs, or supporting developer grants, to increase awareness and adoption of ORDI tokens.

Vesting Period

- We will apply a vesting period for the incentive tokens distributed to ensure long-term alignment and stability.

- The vesting schedule will be determined based on the specific needs of each protocol and the desired duration for token holders to benefit from the incentives.

More communities will be added to the airdrop list, please head to our Discord for detailed airdrop plan.