The Passage (PASG) token, which recently launched on StreamSwap, has announced airdrop details for its community. The $PASG airdrop, aimed at rewarding the loyal Strange Clan NFT holders, is set to commence on October 23, 2023.
- Allocation: 50% of the total PASG airdrop pool, translating to 105,000,000 PASG, is reserved for Strange Clan NFT holders.
- Snapshots: The snapshots were taken on April 30, 2022, December 3, 2022, and September 8, 2023.
- Rewards: Those who stake their PASG airdrop continuously for 14 months post the initial airdrop will receive an additional allocation. The rewards are structured as:
- Town 1: Airdrop 1 offers 9,322 (per NFT) and after 14 months of staking, an additional 4,661 (per NFT).
- Town 2: Airdrop 1 provides 4,661 (per NFT) and post 14 months of staking, an added 2,331 (per NFT).
- Validators: Genesis validators active through the Passage Chain upgrade will receive an airdrop of 55,555.55 PASG in October 2023.
Successful Launch Recap
The PASG token launch on August 29 saw an overwhelming deposit of 31,620 ATOM and 579,648 OSMO, underscoring the community’s trust and commitment.
Key Features of PASG
- Trading Platforms: PASG is available on Osmosis and MEXC.
- Wallets: Supported by Keplr, Leap, and Cosmostation wallets.
- Validators: Delegations can be made to 100 active validators on platforms like Ping.pub and Restake.
- Market Insights: Track PASG’s performance on CoinGecko, CoinMarketCap, and CoinCodex.
- Utility: Beyond trading, PASG facilitates governance, ensures security via staking rewards, powers decentralized assets, and incentivizes open-source development.
Marketplace and Tokenomics
The Passage Marketplace, now operating on the Passage Chain, saw over 5.5M PASG used to mint NFTs during its launch event. PASG is more than a token; it’s the cornerstone of the Passage ecosystem, offering its holders governance rights, staking capabilities, and open-source development opportunities.