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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Massa Labs Gears Up to Reward Early Network Supporters with Airdrop on its Big Day

stevenhay
stevenhay
Last Updated: January 16, 2024 5:00 pm
2 mins read

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With 13 of the top 50 all-time most successful airdrops coming in 2023, the interest in airdrops continues to remain high. After all, airdrops are a great way for users to earn passive income and for projects to reward early users. Now, a promising project is ready to give out its early users free tokens for their support.

Massa Labs will be incentivizing thousands of node runners, ambassadors, and dashboard questers who successfully participated in the testnet of Massa blockchain, which has gone live on Jan. 15th. While running on the testnet, the blockchain gained over 8K nodes.

According to its tokenomics, the project has set aside 8% of MAS’s total supply of 1 billion, 80,000,000 tokens, for the Testnet Incentive Program. As for the rest of the supply, 3% is for public sales, 16% is for private sales, 12% is allotted to founders and Massa Labs, 30% is for future builders and stakers, and 31% is for fostering community growth.

With this distribution, the project aims to ensure that early insiders and VCs have limited influence and that a wider community can contribute to and enjoy the success of Massa.

MAS is the native token of the Massa blockchain, a truly decentralized blockchain controlled by thousands of people. Its mainnet launches on Monday, making it possible for users to experience enhanced dApps featuring a decentralized web, a developer-friendly environment, and high throughput.

The Proof-of-Stake Massa blockchain can handle up to 10,000 transactions per second, aiding developers in building dApps that can cater to mainstream users and help the blockchain space advance further with widespread adoption.

It’s the Autonomous Smart Contracts that are the highlight of Massa as they independently determine their own activation without any external actors. These smart contracts address many challenges: reliability, sophistication, and centralization faced by dApps by introducing the ability to self-wake, which grants them the power to autonomously perform arbitrary operations. Already, Massa is supporting the development of various decentralized applications (dApps), like DEX Dusa are ready for the mainnet.

The mainnet launch and activation of the bootstrap service, Massa will allow developers to turn their blueprint into reality while network users will be able to engage in staking to secure the Massa network and earn rewards.

To start staking, one needs a minimum of 100 MAS, which gives you staking rights and the ability to become a node runner. This means more influence and more rewards ahead of the public sale, exchange listings, cross-chain collaborations, and expansion of Massa’s vibrant and resilient ecosystem.

 

 

 

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stevenhay
stevenhay

stevenhay

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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