tldr; The Anvil Protocol is launching its mainnet with the ANVL token, designed as a decentralized governance tool for DeFi. ANVL, an ERC-20 token, will have a total supply of 100 billion, minted at genesis. A snapshot at Ethereum block 20,000,000 will determine eligibility for a free ANVL claim, based on AMP collateral supplied. Post-snapshot, addresses must prove activity within 12 months to claim tokens. ANVL will be subject to a 48-month vesting period starting 12 months post-snapshot.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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Nobody is in the mood for white papers right now
tldr; The Anvil Protocol is launching its mainnet with the ANVL token, designed as a decentralized governance tool for DeFi. ANVL, an ERC-20 token, will have a total supply of 100 billion, minted at genesis. A snapshot at Ethereum block 20,000,000 will determine eligibility for a free ANVL claim, based on AMP collateral supplied. Post-snapshot, addresses must prove activity within 12 months to claim tokens. ANVL will be subject to a 48-month vesting period starting 12 months post-snapshot.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.