QiSwap

QiSwap is a fully decentralized protocol that automatically provides liquidity for QTUM based on automated market making (AMM) algorithms. Their goal is to provide a fast, professional, and secure platform while offering low fees and higher Transactions Per Second. This will improve the DEX user experience and increase liquidity as fees become negligible.

QiSwap is airdropping a total of 20,000,000 QI tokens to Qtum holders. Hold your Qtum during the snapshot time in a QRC-20 wallet or in an exchange supporting the airdrop to be eligible for the airdrop. The snapshot will be taken on February 12th at 9 AM UTC at a block height of 793,284. An additional pool of 3,000,000 Qi will be distributed to early adopters.

Step-by-Step Guide:
  1. Hold at least 1 Qtum in a QRC-20 wallet or in an exchange supporting the airdrop.
  2. Exchanges that have announced support for the airdrop are Binance, Bithumb and Wazirx.
  3. The snapshot will be taken on February 12th at 9 AM UTC at a block height of 793,284.
  4. Wallet holders will receive a placeholder token at first called QIAD in a 1:1 ratio around February 14th.
  5. During this time, a smart contract will be deployed in which QIAD holders need to deposit QIAD tokens to the contract to claim QI tokens.
  6. The redemption ratio of QIAD to QI is 2:1, which translates to 2 QTUM: 1 QI.
  7. QIAD holders will have three weeks to redeem QIAD for QI.
  8. A walkthrough of the redemption process can be seen from this video.
  9. An additional pool of 3,000,000 Qi will be distributed to early adopters of QiSwap.
  10. For more information regarding the airdrop, see this Medium post.

Estimated Value

n/a

Tokens per Claim

1 QTUM : 0.5 QI

Max. Participants

Unlimited

Overview


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