Finna x Celo Dollar Airdrop! 🟢

Finna
3 min readSep 5, 2024

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We are celebrating our new collaboration with Celo Africa & cUSD listing with an airdrop pool of $5000 worth of Celo Dollars! New and old Celo community members are welcome to join! Only open to Nigerians.

You can participate via our Android app or the Web platform. We’ve outlined the simple steps to participate including the terms and conditions plus the sharing formula below!

Simple Terms and Conditions

1. Eligibility

  • Participants must follow the @FinnaProtocol Twitter account, like, & retweet the campaign post to get more friends to unlock the maximum reward pool.
  • Participants must perform at least one eligible transaction (loan, swap, or deposit) of at least $1 or N2000 i.e. trade cUSD or deposit USDT or USDC on the Celo blockchain in the Finna wallet.
  • Complete the airdrop form.

2. Qualified Transactions

  • Swap Volume: All cUSD swap transactions are counted as participant transaction volume. Only sell transactions of Celo-based assets i.e. USDC & USDT are counted as valid. The chain of buy transactions of stable assets cannot be indicated.
  • Net Deposits: Deposits of cUSD, USDT, and USDC (on Celo network) into the Finna wallet are eligible. Withdrawals are not subtracted from transaction volume nor is it added.

3. Calculation Period

  • Only transactions made between the start of the campaign and the deadline of October 10th, 11:59 PM UTC will be considered.

4. Reward Distribution

  • The total reward pool of $5,000 cUSD max will be distributed based on the formula below.

The $5,000 worth of cUSD will be distributed across tiers proportionally across two main categories:

At max pool distribution →

Net Swap Transactions Reward Pool (80% = $4,000 cUSD): Based on the participants’ net swap transactions.

Net Deposits Reward Pool (20% = $1,000 cUSD): Based on the participants’ net deposits.

The pool distribution will be unlocked in tiers based on user participation.

Tier 1 | 100+ Participants → $500 cUSD pool
Tier 2 | 200+ Participants → $1000 cUSD pool
Tier 3 | 500+ Participants → $2000 cUSD pool
Tier 4 | 1000+ Participants → $5000 cUSD pool

  • Rewards will be distributed within 30 days after the campaign ends.
  • Any attempts to game or manipulate the system, including but not limited to wash trading or creating multiple accounts, will result in disqualification.

5. Disqualification

  • Failure to meet the eligibility criteria, engaging in fraudulent activities, or violation of the terms will result in disqualification from the airdrop.

6. Final Decisions

  • The Finna team reserves the right to make final decisions in cases of disputes or ambiguities regarding the campaign.
  • The team also reserves the right to make necessary adjustments to the campaign rules or formula to ensure fairness and integrity.

By participating in this airdrop campaign, you agree to the above terms and conditions.

Let’s go! 🔥 🚀

Remember to complete the airdrop form before you start transacting as many times as you want on Finna!

🟢 We rebranded on November 1st, 2024! Check most recent stories for links to our socials, communities & website. 🟢

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Finna
Finna

Written by Finna

Inflation-proof FX-backed lending & remittances | 🟢 Stablecoin-backed fiat loans | 🟢 Invoice Settlements |

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