Ondo Finance Airdrop – A Promising Opportunity Supported by Coinbase Venture. In this blog, we are going to learn about Ondo Finance Airdrop and how to increase your Ondo points for the airdrop.
What is Ondo Finance?
Ondo Finance is a DeFi platform that focuses on providing liquidity and yield optimization for stablecoins. It also offers tokenized versions of traditional financial products, such as treasury and corporate bonds. Ondo Finance has a native token called ONDO, which is used for governance and rewards in the ecosystem.
One of the ways to obtain ONDO tokens is through the Ondo Airdrop, which is a campaign that aims to broaden the reach of the protocol and grant individuals an opportunity to experience the benefits of ONDO tokens firsthand. The Ondo Airdrop is available now via Binance Smart Chain. To participate, users need to follow some simple steps, such as connecting their wallet, verifying their identity, and completing some tasks. The airdrop rewards are distributed based on the user’s level of engagement and contribution to the Ondo community.
Ondo Finance has received funding from several prominent investors in the crypto and venture capital space. Some of the backers include:
- Founders Fund, the venture capital firm founded by Peter Thiel, which led the $20 million Series A round in April 2022.
- Pantera Capital, one of the largest and oldest crypto funds, which co-led the Series A round with Founders Fund.
- Binance, the world’s leading cryptocurrency exchange, which participated in the seed round in November 2021.
- Coinbase Ventures, the investment arm of the popular crypto platform, which also joined the seed round.
- Dragonfly Capital, a crypto-focused venture firm that invests in both the US and Asia, which backed the seed round as well.
- Galaxy Digital, a diversified financial services and investment management company in the digital asset sector, which was part of the seed round too.
- Polychain Capital, a leading crypto asset manager that supports projects at various stages of development, which also supported the seed round.
How to increase points for the Ondo Finance Airdrop?
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