FTX will airdrop SRM to FTT holders on its platform every week

The cryptocurrency derivatives exchange FTX stated that after the token SRM of the DeFi ecosystem Serum is launched on the exchange, FTT holders of the FTX platform will enjoy weekly airdrop benefits. The SRM airdrop rules are as follows: Users who hold 500 FTT or more will be eligible to participate in the SRM airdrop. For every 100 FTT held, you will receive an airdrop of 7 SRM, and there is no airdrop cap. Snapshots of FTT holdings will be carried out randomly, and airdrops will be issued to eligible user wallets after the FTT repurchase is destroyed every Tuesday. Chain Wen Note: Serum is a decentralized finance (DeFi) project launched by FTX and Alameda Research founder Sam Bankman-Fried. It is a decentralized exchange (DEX) based on the public chain project Solana. Serum announced today that it has completed its seed round of financing, with a total financing amount of approximately US$20 million in three days.