Sterling Finance successfully completed its migration to the Minerva protocol, marking a significant milestone in our community.
The seamless transition ensured the continuity of services while unlocking new opportunities for users within the Minerva ecosystem.
This achievement showcases the project’s commitment to innovation and reinforces its position in the evolving DeFi landscape.
During the eligible burn period on Arbitrum, participants who burned their STR and veSTR tokens were eligible to receive an airdrop of Mine Tokens on the Optimism Network.
In total, 900,000 tokens were utilized for the migration airdrop, consisting of 200,000 MINE tokens and 700,000 allMINE tokens the airdrop allocation was as follows:
- 1 STR token resulted in receiving 1 MINE token and 0.5 allMINE tokens.
- 1 veSTR token resulted in receiving 4 allMINE tokens.
Note: Liquidity is still a low part of the total Supply and the team is working to increase the POL overtime with treasury assets. For more information check the Dune Dashboard: https://dune.com/uwusanauwu/minerva
Additionally, as part of the migration process, the Protocol Owned Liquidity has been successfully transferred and is currently held in a secure multi-sig wallet owned by the team.
Multisig wallet: 0xf7c765cb08fedef913eae23863fecec51b2750c6
Website: https://minerva.money/
Twitter: https://twitter.com/MinervaOptimism
Discord: https://discord.gg/Mr92PZ63xZ
Legal Notice:
This article and any information contained in it are subject to Legal Notice. Please carefully review the Legal Notice as it contains important legal information, limitations, and restrictions relating to the information that we provide, third-party resources, and forward-looking statements.”
