📣 $TERM Season One Airdrop
Season One saw Term Finance clear $295M in loans, grow to 1,700 monthly users, and build a 125,000-strong community—proving fixed-rate lending isn't just a meme. To reward the community and contributors who have helped make this happen, we're excited to announce the $TERM token airdrop for those who demonstrated genuine engagement and active participation.
💠 Airdrop Overview
Total Allocation: 5,000,000 $TERM tokens
▫️ Purpose: Reward early adopters, genuine community engagement, and decentralize governance
▫️ Distribution Method: Tokens will be claimable on
https://t.co/f7RKCuPjas (requires login)
https://t.co/gHUBvh2YDH (if no profile)
▫️Snapshot Date: 00:00 UTC March 22
▫️Claim Period: March 26 to April 26 (30 days)
💠 Eligibility Criteria
Airdrop eligibility is based on your Term Points, earned through:
▫️Protocol Usage: Participating in auctions, lending through Blue Sheets or depositing into Vaults.
▫️Genuine Community Engagement: Being an active voice in our ecosystem through Discord discussions, Twitter interactions, community contests, quests, educational initiatives, and other social activities that contribute to Term's growth and awareness.
Rewards scale with your points and quality engagement, which translated to bigger rewards!
⚠️ Anti-Sybil Measures
Sybils dilute the rewards earned by the Community. To ensure a fair distribution and prevent abuse:
▫️Accounts with suspicious activity (e.g., mass wallet creation, identical transaction patterns) have been disqualified.
▫️Minimum wallet age: Accounts must have been active before 00:00 UTC March 19, 2025 (3 days before the snapshot).
☑️ How to Check Eligibility and Claim Airdrop
Users can check eligibility and claim airdrop through the claims tab on the Rewards page. This tab will visible beginning March 26th 02:00 UTC. There is no separate link to check eligibility before claim goes live
🔴 Be careful of scam links pretending to be separate claims link.
Claims instructions:
▫️Visit https://t.co/f7RKCuPjas or https://t.co/gHUBvh2YDH
▫️Connect to profile's PRIMARY wallet.
▫️Number of $TERM tokens claimable will be displayed. If that number is zero, that means you did not qualify.
▫️User can then elect to claim the displayed $TERM amount.
▫️$TERM token holdings will be in play for Season 2 😜
👣 Next Steps
▫️Join our Discord for updates and turn on notifications for @term_labs
▫️Stay tuned for Season 2. More details in the coming weeks.
▫️Reminder - all ongoing protocol activities are being tracked and will count towards Season 2.
Thank you for being part of Term! Together, we’re building the future of fixed-rate lending onchain.
Term points are now live!
Join the first fixed-rate lending protocol to surpass $100M in volume. Stack points with @eigencloud, @ether_fi, @renzoai, and more soon (™️).
Season 1 ends in Q4 with a 2x boost for the first 500 users.
Details below🧵
Looking to see how you stack up? We got you.
Introducing the DeFi lending score 👉 https://t.co/rGFyutoZnY
1️⃣ Get your borrow/lend power score
2️⃣ See how you stack up vs. the top 1%
3️⃣ Check if you qualify for 2x Term migration points boost
🚀 Whales, ready to flex? Dive in
🎅🎄 Phantaclause is here, and he’s NOT messing around!
Forget milk and cookies 🥛🍪—he’s delivering green candles 💚🕯️ straight to holders today. No coal, just bags jingling louder than Rudolph’s bells.
CA: BvqD1QSxw8UAptF2Ej5emBrvTtbPVWM65YQBQKnjpump https://t.co/deJEtQEshF
Them: congrats! you made a lot of money on bitcoin, right?
Me: No, not exactly. I still have the same number of bitcoins. It's just that everything else became a little cheaper, relative to bitcoin.