ShapeShift Announces 6.6M Fox Token Airdrop

Not everyone received a share during a $100 million airdrop in July. ShapeShift answers with another massive airdrop of FOX Tokens. 

ShapeShift, a decentralized, non-custodial cryptocurrency platform, recently airdropped 6,613,000 FOX Tokens . The tokens were distributed among more than 33,000 DAO community token holders in a second airdrop. This initiative was taken to help members who were previously rejected because their tokens were locked in staking or liquidity-providing operations.

Crypto enthusiasts should check their ETH balance to see if they qualify for the airdrop. You may be eligible for the FOX Token airdrop if you have facilitated trades with ETH/ERC-20 tokens, or if you have a wallet balance that qualifies. You can check eligibility by visiting the ShapeShift website.

Following The Largest Airdrop

In July, ShapeShift had announced the largest airdrop in crypto history for nearly 1 million ShapeShift customers and users. Groups that took advantage of the first FOX Token airdrop included:

  • Current and former ShapeShift customers
  • KeepKey hardware wallet owners
  • Workers
  • Stockholders
  • Investors
  • Governance token holders in 13 DeFi protocols ( Gitcoin, Uniswap, SushiSwap, Yearn, Aave, Alchemix, BadgerDAO, 1inch, Compound, Curve, Balancer, Maker, and 0x )

During the recent 6.6M FOX Token airdrop, more than 100,000 members from the communities above have received 200 FOX each as a sign of cross-DAO collaboration and support for DeFi and governance involvement. Members from these communities were eligible if they were involved in holdings/staking or providing liquidity before July 9th.

According to a blog post:

“While there was no deliberate intent to exclude DAO stakers and LP providers from the initial airdrop, the DAO offers the structure to address such opportunities through governance proposals.”

FOX Foundation head of decentralization Willy Ogorzaly added:

“This is an example of a process working as intended, with strong participation and solidarity across DAO communities.”

ShapeShift Fox Token Eligibility Criteria

FOX has been airdropped to the most eligible receivers in cryptocurrency history. More than 1 million prospective FOX holders are now eligible to collect tokens.

The FOX Airdrop address list was carefully compiled to include all previous ShapeShift recipients. To be eligible for FOX, however, each recipient must fulfill specific criteria.

  • The airdrop is only available for ETH/ERC20 transactions.
  • Because FOX is an ERC20 token, you must pay the gas charge with ETH when claiming it.

Eligible Recipients – Did you do any of the following before June 9th, 2021?

  • Until October 12, 2021, every recipient who has exchanged $1 or more of ETH or any ERC-20 token through ShapeShift is eligible.
  • If you made 1-4 trades, you will receive 200 FOX.
  • If you made 5-9 trades, you will receive 350 FOX.
  • If you made 10-24 trades, you will receive 750 FOX
  • You will receive 8,500 FOX if you made 100 or more trades.

About ShapeShift

ShapeShift has been a leader in self-custody for digital asset trading since 2014. Users worldwide may purchase, hold, trade, and engage with digital assets. These cryptocurrencies include Bitcoin, Ethereum, and many others. The secure and non-custodial platform is home to 750+ cryptocurrencies, across 11 different blockchains. By holding Fox Tokens on ShapeShift, traders can unlock free trades, amongst many other benefits.

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