USDG is supported by a 1:1 US dollar reserve, including US dollar deposits, short-term US government bonds, and other cash equivalents. USDG has been approved by the Monetary Authority of Singapore (MAS) and fully complies with the stablecoin regulatory framework established by MAS in August 2023. The stablecoin will launch an airdrop reward activity on the SOL blockchain at 00:00 (UTC+8) on June 12th, and will expand to more public chains in the future based on regulatory developments.
How to benefit from SOL chain airdrop
• Receive rewards by holding SOL/USDT/USDC exchanges on the SOL chain
• SOL chain will take multiple random snapshots of users' USDG holdings and total pool holdings every hour to calculate users' hourly average holdings on earning platforms. The SOL ecosystem will calculate user rewards through historical snapshots of USDG holdings at random time periods after this announcement;
• Holding reward proportion allocation
Primary holding: 100/USDG Daily reward 1%
Intermediate holding: 5000/USDG Daily reward 2%
Advanced holding: 10000/USDG Daily reward 3%
Special holding: 20000/USDG Daily snapshot reward 5%
• Share more participants and you can get contributor rewards in the SOL ecosystem!
Ordinary contribution value: Share holdings reaching 5000 USDG, can obtain additional sharing reward: 2%
Excellent contribution value: Share holdings reaching 10000 USDG, can obtain additional sharing reward: 3%According to the number of holdings, each wallet will receive a fixed amount of USDG, funded by World Liberty Financial, Inc. (the final amount will be determined based on the number of qualified wallets and budget). Distribution will be through the on-chain airdrop system of SOL ecosystem holders.
