The Block19 minutes ago

Published on February 06, 2024 17:02 GMT+00:00edited on February 06, 2024 17:04 GMT+00:00

The decentralized stablecoin and lending protocol HAI will have an airdrop next week prior to its mainnet launch on Optimism. 

HAI will disseminate 22.3% of its governance token KITE to 18,034 qualified wallets, according to a statement. The airdrop will occur on Feb. 12, ahead of HAI launching on Optimism Mainnet on Feb. 20. Qualified users include Reflexer Protocol users, individuals who used the HAI testnet and Optimism governance participants holdings over 50 $OP who voted more than once, HAI founder Ameen Soleimani explained. 

HAI is pinned to numerous decentralized crypto assets rather than fiat currency. It's a fork of RAI, a non-pegged Ethereum-based stablecoin born from the protocol Reflexer Finance. Reflexer lets people deposit crypto assets as a collateral to mint …