Avalanche

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/stars-arena-announces-airdrop-for-crypto-investors/" data-wpel-link="internal">Stars Arena Announces Airdrop for Crypto Investors</a> 
<a href="https://coin-turk.com/avrupa-merkez-bankasi-baskanindan-dijital-para-aciklamasi" data-wpel-link="internal">Crypto investors</a> are often thrilled by airdrops during bull markets. In a bear market, engaging with applications that have not yet released tokens can suddenly result in airdrops worth thousands of dollars. Today, one such application announced its airdrop. 
<h2 id="stars-arena-airdrop">Stars Arena Airdrop</h2> 
Announced as the first SocialFi platform in the <a href="https://en.coin-turk.com/sharp-increase-in-avalanche-avax-token-burn-rate/" data-wpel-link="internal">Avalanche</a> ecosystem, Stars Arena has just declared its airdrop a few minutes ago. Investors who earned profits from the sale of profile tickets during the launch will now receive tokens in exchange for their accumulated airdrop points. 
<blockquote> 
 “ARENA is an ERC-20 token built on the Avalanche C-Chain. The primary function of ARENA will be to serve as governance units. The Arena will be managed by Gladiators who have helped it reach its current position and will continue to guide it towards a brighter future.” 
</blockquote> 
Each user will receive 69 ARENA Tokens for every airdrop point earned. To date, over 100,000 users have been distributed a total of 37,120,167 points. This means that 2,561,292,000 tokens will be distributed. 
<a href="https://starsarena.com/?ref=cointr" data-wpel-link="external" target="_blank" rel="noopener nofollow noreferrer"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-329893 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/Stars-Arena-Token.png" alt="" width="887" height="313"></a> 
The airdrop will initially be conducted as 10% of the entitlement. That is, someone with an entitlement to 1000 tokens will receive 100 tokens, and the remainder will be distributed monthly over the coming years. This is done to maintain the value of the token. Users who have not yet opened a Stars Arena account can <a href="https://starsarena.com/?ref=cointr" data-wpel-link="external" target="_blank" rel="noopener nofollow noreferrer">start collecting points by opening an account here</a>. In the coming days, 10 million bonus points will be distributed. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/stars-arena-announces-airdrop-for-crypto-investors/" data-wpel-link="internal">Stars Arena Announces Airdrop for Crypto Investors</a></h5>

Stars Arena Announces Airdrop for Crypto Investors

Table of Contents

COINTURK NEWS

Other articles published on Mar 18, 2024

NIN-SIM linkage: NIMC, NCC collaborate to smoothen process for Nigerians

3 Reasons Why Option2Trade (O2T) Will Control Larger Market Cap Than Pepe (PEPE) Coin

Solana (SOL) Surpasses Binance Coin (BNB) in market cap to become the 4th largest crypto

Ethereum ETF: Hopes and Financial Forecasts

CoinEx Charity Promotes Equal Education Access with APD University Charity Lecture in Vietnam

Top Coins for Big Gains: Transforming Small Investments into Wealth

Join our free newsletter for daily crypto updates!