Lockdrop End & Incentives Update. The Neutron Lockdrop for USDC.
26 May 2024, 17:40
Lockdrop End & Incentives Update ✴️
The Neutron Lockdrop for USDC.axl - NTRN and ATOM - NTRN pools on Astroport will conclude on May 30th.
The Neutron Lockdrop enabled participants to commit USDC.axl - NTRN and ATOM - NTRN LP tokens on Astroport for up to a year in exchange for upfront NTRN rewards upon the launch event conclusion.
Starting on May 30th, lockdrop participants with funds in the NTRN - USDC.axl and ATOM - NTRN pools on Astroport can withdraw their tokens.
To encourage users to migrate their liquidity on to the native Noble USDC - NTRN pool, 34K NTRN will be deployed as rewards over the next 4 weeks, starting today!
Week 1: 10K NTRN
Weeks 2-4: 24K NTRN
For the time being, ATOM - NTRN and USDC-axl - NTRN lockdrop LPs on Astroport will continue to earn ASTRO rewards.
Eventually, ASTRO rewards directed toward the USDC.axl - NTRN pool will be transitioned to the USDC - NTRN pool.
Stay tuned for an update on May 30th to mark the official conclusion of the Neutron Lockdrop.