February 8th at 12 PM UTC is the scheduled time for the $CORE airdrop. The team has released information on the airdrop, including crucial mainnet information for the community, ahead of the significant development milestone.
On February 7th, Core DAO released a Twitter thread to inform followers about the coin in advance of the airdrop. Users were advised to be aware of unauthorized $CORE tokens created on several sites using the Satoshi Plus consensus protocol. The company claimed that scammers will be able to con Core aficionados using the airdrop.
1/ Mainnet is fully live. Yet prior to the airdrop scheduled for February 8th, there is limited network activity due to the lack of $CORE tokens available to the market.
— Core DAO 🔶 (@Coredao_Org) February 7, 2023
Users are advised to consult Core DAO’s official sources for further information regarding the airdrop in order to prevent frauds as the Core mainnet is now operational.
Although the airdrop will increase $CORE liquidity, market volatility is unavoidable. Top-tier market makers and exchanges support legal early market $CORE formation in order to control market challenges.
“The liquid $CORE markets will open around the same time as the Feb 8th airdrop. In the coming days, $CORE transactions from Core DAO’s public reserve multi-sig will be executed to get CORE tokens to partner market makers so that liquid markets exist when the airdrop occurs,” Core wrote. “Having legitimate $CORE token markets available when the airdrop occurs will allow for safer, faster, and more accessible trading for Core users.”
Users can start staking when the airdrop is over to take part in the network’s growth. How to stake on Core DAO may be found HERE. Read our post on the advantages of staking to help Core achieve its goals as well.
What is Core DAO?
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem’s history and an even greater excitement for Core’s role in its future.
