Formation Fi, the leading DeFi project that develops the next generation of yield farming protocol, is excited to announce the launch of its Early Adoption Program.
After a very successful and oversubscribed presale, followed by the IDO on leading decentralized platforms, strong-hand holders of $FORM token are bracing up to enjoy extra juicy rewards.
Since we want to incentivize organic growth of the ecosystem by conducting the fairest possible distribution, we launched our Early Adoption Program to ensure that all of our $FORM holders are taken care of ahead of ALPHA v1 Launch. Like we promised, the ALPHA v1 is still scheduled to be delivered in Q3.
We have already kicked off Phase 1. First snapshot will take place on July 1st at 18:00 UTC — July 4th at 18:00 UTC. Once you connect within the app we will take a snapshot and you will be able to claim tier and qualification status. Remember, the first snapshot lasts only 3 days, after that period has ended you won’t be able to qualify for the early adopters program.
The second and final snapshot will take place on July 31st at 18:00 UTC — August 3rd at 18:00 UTC. This is the final snapshot, if your FORM holdings have changed since the first snapshot, for example if it doubles or tripled you will be able to upgrade your TIER. However, if your FORM holdings have decreased since the first snapshot below basic tier level that got you approved within the first snapshot, you won’t be able to qualify at the final snapshot.