Waves will take a snapshot on March 10 to airdrop POWER
It is reported that Sasha Ivanov, the founder of Waves, tweeted that a snapshot of Waves (and all locked Waves) on the Waves chain will be taken next Friday, March 10, for the purpose of power token airdrop.
Interpretation of this information:
The message pertains to an upcoming event related to the Waves blockchain. Sasha Ivanov, who is the founder of Waves, has posted a tweet reporting that a snapshot of Waves, along with all the locked Waves, will be taken next week on March 10th. The reason for this snapshot is to facilitate a power token airdrop.
A snapshot is a recording of the blockchain’s state at a particular point in time. The snapshot records all the tokens, addresses and balances for that moment. Taking a snapshot is often used in airdrop campaigns, especially with newer projects that aim to distribute tokens to users for incentivization or promotion. In this case, Waves intends to take a snapshot for the purpose of a power token airdrop.
The term “power token” used in the tweet is not defined, but it may refer to a new token that is being created or to a type of Waves token that carries extra privileges or benefits. The airdrop itself will distribute these power tokens to holders of Waves tokens, including locked Waves – which are Waves that have been locked up by users for certain periods of time in exchange for incentives or reduced transaction fees. The exact details of how these power tokens will be distributed are not provided in the tweet.
Furthermore, the timing of the snapshot is interesting as it falls just one day after the one-year anniversary of the lockdown on the COVID-19 pandemic. It is unclear if this is a coincidence or if Waves is drawing a connection between this event and the power token airdrop.
Overall, the tweet is a short but informative announcement about the upcoming snapshot and airdrop. It indicates that the Waves platform is looking to reward its token holders and encourage more locking of Waves. It also suggests that Waves is growing and evolving as a blockchain platform and that more features and tokens may be introduced in the future.
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