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Home » Blog » Shield Finance Airdrop Review: MULTI-CHAIN DeFi Insurance Aggregator
New Airdrops

Shield Finance Airdrop Review: MULTI-CHAIN DeFi Insurance Aggregator

Cws Team
Last updated: 19/03/2024 3:49 PM
Cws Team
4 years ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
Shield Finance Airdrop Review: MULTI-CHAIN DeFi Insurance Aggregator
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About Shield Finance Airdrop

Shield Finance Airdrop is a Multi-Chain DeFi Insurance Aggregator that allows users to buy protection against major market crashes due to black swan events (hacks, exploits, rug pulls, sell-offs).Shield utilizes a proprietary aggregation engine to provide custom insurance packages for investor needs.

Contents
  • About Shield Finance Airdrop
  • How To JoinSafeBull Airdrop
    • First Step
    • Second step
    • Third Step
    • Fourth Step
    • Fifth Step
    • Six Step
    • Seven Step
    • Eight Step
    • Nine Step
    • Token Economics
    • Burning
    • Staking
    • Team
    • Roadmap
      • Q1 – 2021
    • Disclaimer:

Shield Finance is a Multi-Chain DeFi Insurance Aggregator that allows users to buy protection against major market crashes due to black swan events (hacks, exploits, rug pulls, sell-offs). Shield utilizes a proprietary aggregation engine to provide custom insurance packages for investor needs.

Shield Finance Airdrop is airdropping a total of 90% of the total supply of BULL tokens to SHLD holders. Airdrop is divided into 5 stages and on each stage, 18% of the total supply will be distributed. The snapshot for each stage will be taken at random and eligible holders will receive free BULL at a ratio of 10000 BULL : 1 SHLD.

BasicDetails
Token NameShield Finance Airdrop
PlatformETH
Token Per Claim1 SHLD : 10000 BULL BULL
Airdrop End2021-10-04
KYCKYC Is Not requirement
WhitepaperClick Here To View
Max. ParticipantsUnlimited
Collect AirdropClick Here To Collect Free Airdrop

How To JoinSafeBull Airdrop

First Step

Shield Finance is airdropping BULL tokens to SHLD holders.

Second step

Connect your wallet and claim your BULL as mentioned in this Medium article.

Third Step

If you’re eligible, then you will be able to claim BULL at a ratio of 10000 BULL : 1 SHLD.

Fourth Step

The airdrop is divided into five stages with each stage lasting for two days.

Fifth Step

A total of 18% of the total supply will be distributed at each stage, with 90% of the total supply distributed after five stages.

Six Step

The first stage began on June 4, 2021, at 3:00:00 pm and ended on June 6, 2021, at 3:00:00 pm.

Seven Step

Each stage will start 30 days after the previous stage.

Eight Step

The snapshot for each stage will be taken at a random time.

Nine Step

For more information regarding the airdrop, see this Medium article.

Token Economics

The most important feature of the $SHLD token is the buy & burn program, which directs 50% of the fees towards purchasing the token on the open market & burning it, removing from circulation forever.

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Burning

Shield Finance will direct 50% of the fees towards buying $SHLD token on the open market & burning it, permanently reducing the circulating supply.BNB and FTT – two of the most successful tokens – have a buy & burn program, so we decided to use it for $SHLD token as well.

Staking

To reward long-term holders, $SHLD token will provide 30% stable APY. They believe that such APY strikes a balance between incentivizing people to hold & smoothing out the emission curve.

Team

Shield Finance Airdrop Review: MULTI-CHAIN DeFi Insurance Aggregator

12 years of experience in software engineering

4 years of experience in smart contract development

Led a team of developers at FxPro Group in 2013-2016

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Co-founded Bankex Foundation in 2017

Co-founded Matter Labs (zkSnarks) in 2018

10 years of experience as a full stack web developer

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5 years in CTO position in e-commerce

Started investing in crypto in 2014

Took part in several ICO launches in 2017

Roadmap

Q1 – 2021

Feedback from developers

Feedback from users

Hire first employees

Close funding rounds

Q2 – 2021

Testnet launch

Tutorials for users

TGE & Public Sale

Integrations with Nexus Mutual & Cover Protocol

Q3 – 2021

Mainnet launch

Security audit

Integrations with Binance Smart Chain insurance providers

Q4 – 2021

Integrations with Polkadot insurance providers

Partnerships with DEXes

UI improvements

Disclaimer:

Not All The Websites Which Listed In Top List Are 100% Safe To Use Or Investment. We Do Not Promote Any Of Those. Due Diligence Is Your Own Responsibility. You Should Never Make An Investment In An Online Program With Money You Aren’t Prepared To Lose. Make Sure To Research The Website. So Please Take Care Of Your Investments. And Be On The Safe Site And Avoid Much Losing Online.

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ByCws Team
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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
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