{"id":83240,"date":"2023-08-17T18:57:28","date_gmt":"2023-08-17T15:57:28","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=83240"},"modified":"2025-09-12T09:58:52","modified_gmt":"2025-09-12T06:58:52","slug":"connext-interoperability-protocol-to-hold-airdrop-in-early-september","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/connext-interoperability-protocol-to-hold-airdrop-in-early-september\/","title":{"rendered":"Connext interoperability protocol to hold airdrop in early September"},"content":{"rendered":"<p>The cross-chain protocol Connext will launch the native token NEXT on September 5, distributing it among early adopters of the project. The Block reports this <a href=\"https:\/\/www.theblock.co\/post\/245990\/connext-token-airdrop\">The Block<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>The new asset will be available on Polygon, Arbitrum, Optimism and Gnosis Chain.<\/p>\n<p>The network routers will be able to stake NEXT. The latter will also serve as <a href=\"https:\/\/forklog.com\/en\/news\/governance-tokens-vs-utility-tokens-whats-the-difference\">governance token<\/a> within <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-dao-decentralised-autonomous-organisation\">the DAO<\/a>.<\/p>\n<p>In particular, NEXT holders will be able to vote on decisions related to &#8216;fair use of routers&#8217; and support for new networks and assets.<\/p>\n<p>To realize this, Connext partnered with Tokensoft \u2014 a company specializing in airdrops. As a result, participants in the distribution will be able to claim coins in any supported network without needing to move assets via cross-chain bridges and paying additional fees.<\/p>\n<p>The xERC20 token standard will be used, enabling transfers of funds between blockchains without &#8216;slippage&#8217;.<\/p>\n<p>Connext <a href=\"https:\/\/forklog.com\/en\/news\/cross-chain-protocol-connext-unveils-its-own-token\">introduced<\/a> NEXT in April 2022, while also announcing the creation of the DAO.<\/p>\n<p>Earlier in February, the cross-chain project <a href=\"https:\/\/forklog.com\/en\/news\/connext-unveils-amarok-update-to-enable-cross-chain-apps\">introduced the Amarok update<\/a>.<\/p>\n<p>In June <a href=\"https:\/\/forklog.com\/en\/news\/cross-chain-protocol-connext-raises-7-5-million\">Connext raised $7.5 million<\/a> in a strategic financing round valuing the company at $250 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cross-chain protocol Connext will launch the native token NEXT on September 5, distributing it among early adopters of the project.<\/p>\n","protected":false},"author":1,"featured_media":83241,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1158,1578],"class_list":["post-83240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-airdrops","tag-connext"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=83240"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83240\/revisions"}],"predecessor-version":[{"id":83242,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83240\/revisions\/83242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/83241"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=83240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=83240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=83240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}