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ShapeShift to decentralize entire company, plans for largest airdrop in history

Published 07/14/2021, 11:00 AM
Updated 07/14/2021, 12:40 PM
ShapeShift to decentralize entire company, plans for largest airdrop in history

ShapeShift, a leading non-custodial cryptocurrency exchange, is planning to open-source its platform and dissolve its entire corporate structure — an unprecedented move that underscores the company’s commitment to decentralization.

Largest airdrop in history

As part of its decentralization pledge, ShapeShift plans to airdrop 340 million FOX tokens to over one million users who traded $1 or more of Ether (ETH) or any ERC-20 token through the platform prior to June 9, 2021. Both current and past users of ShapeShift are eligible to receive the airdrop. The breakdown of the FOX token distribution is as follows:

Open-sourcing to begin shortly

Promoting a decentralized future

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