Published
5 years ago on
January 24, 2019
The BitTorrent Foundation recently published a blog post which has announced some in detail news regarding BitTorrent airdrops for TRON holders. The airdrop is set to start on 11th February and will see TRX and BTT token holders benefit until the middle of next decade.
On February 11th, 2019, the BitTorrent Foundation will initiate its first airdrop of BitTorrent $BTT to the TRON $TRX holders. Learn how here 👇https://t.co/fcMGqv2NP6
— Justin Sun (@justinsuntron) January 20, 2019
Six Year Plan
So the first airdrop is set to occur on 11th February after the BitTorrent Foundation will reward holders of TRON with BitTorrent when TRONs block height reaches 6.6 million. The airdrop will consist of 10,890,000,000 BTT corresponding to just over one percent of the overall supply in circulation.
After this initial airdrop, on March 11th 2019 through to February 11th 2020, TRON (TRX) holders will be rewarded with an additional 11,880,000,000 BTT which accounts for 1.2 percent of the total supply.
Then after this airdrop, on March 11th 2020 through February 11th 2021, the TRON Foundation will airdrop 12,870,000,000 BTT to TRX holders corresponding to 1.3 percent of the overall circulating supply.
From here, the process will repeat itself until February 2025 with an increase of 0.1 percent on an annual basis until it reaches 1.7 percent in 2025.
The process of these airdrops is going to be very beneficial in the long run for TRON holders as it will encourage investors to keep ahold of their TRX and even get more of the crypto. As a result of this, less TRX will be coming into the market and the price should go up.
How to get Involved
If you are a TRX holder in an official wallet relaying on the TRON network then you will be eligible for BTT airdrops in response to the amount of TRX you hold at the time. There isn’t a minimum volume of TRX you need to have either to make sure you can get involved, the BTT tokens will be automatically distributed to you.
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