StakeEasy will be airdropping $SEASY( Governance token) to $JUNO stakers & $SCRT stakers. The goal of the $SEASY airdrop is to reach the most active participants in the Cosmos ecosystem. Stakers are more likely to be more active than just token holders.
The Basics:
StakeDrop is a distribution mechanism which allows stakers of $JUNO & $SCRT tokens to acquire $SEASY.
A total of 12,000,000(12M) $SEASY tokens is allocated by StakeEasy as first StakeDrop rewards.
Yes, You’ve read it right!
But wait what, What is $SEASY token ?
$SEASY, StakeEasy’s Governance token which will give its holders a right to vote on proposed changes to the protocol. This is seen as a necessary step toward keeping StakeEasy within the decentralized finance (DeFi) ecosystem, decentralized. The idea is that rather than a single person or group controlling, StakeEasy’s community can influence decisions in a process known as governance.
$SEASY’s Advantages:
Decentralization. $SEASY will allow developers to keep it decentralized. Without this type of governance structure in place, DeFi platforms would be only collections of smart contracts that no one could control.
Revenue sharing: $SEASY holders will also be sharing the protocol profits.
Voting Rights: $SEASY holders will have the right to vote on various decisions that will be held in the protocol. This feature enables the ecosystem to be more decentralized.
Community involvement. $SEASY will give community a reason to come together to help & improve the platform which will be more user friendly.
52% of total $SEASY will be distributed among the community as Community rewards + Ecosystem Development.
But Why Airdrop ?
The goal with an airdrop like this is to
- Support decentralization.
- Promote participation in governance.
- Make sure this airdrop is as fair as possible.
NOTE: StakeEasy will never give any preferential treatment to anyone who’s eligible for this airdrop.
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