Serum is the world’s first completely decentralized derivatives exchange with trustless cross-chain trading in collaboration with a consortium of crypto trading and DeFi experts. It is natively based on the Solana blockchain and also has an Ethereum (ERC20) version.
Serum and FTX Exchange are jointly airdropping a total of 500,000,000 SRM tokens to FTT token holders. Create an account at FTX exchange and hold a minimum of 500 FTT tokens to be eligible to receive free SRM tokens. All eligible users will receive 3 SRM for every 500 FTT held per week.
- Create an account at FTX exchange.
- Now hold at least 500 FTT tokens.
- Snapshots of the FTT holdings will be taken randomly.
- All eligible users will receive 3 SRM for every 500 FTT held per week.
- The rewards will be distributed every Tuesday to the user’s FTX exchange wallet.
- The airdropped SRM tokens will be in a locked state and will only be unlocked over the next seven years.
- For more information regarding the airdrop, see this post.