TechFlow news: Sharky, an NFT lending protocol in the Solana ecosystem, has announced on X platform the opening of its token airdrop claim. Additionally, Sharky has unveiled several updates regarding its token distribution plan, including:
- Team Token Allocation: A 12-month cliff period has been added to the team's token allocation, effective immediately. Sharky clarified that the team has not sold any tokens so far, and the addition of the cliff is intended to demonstrate their commitment through concrete actions;
- Token Buyback and Deflationary Strategy: Sharky plans to use revenue to buy back SHARK tokens from circulation. These repurchased tokens may be burned, but this is not guaranteed;
- Reserve Token Allocation: Sharky will allocate 20% of the tokens (approximately 8 million) for future development and reserves. These funds will be used to continuously reward protocol users, support new technology initiatives and expansion incentives, and recruit talent;
- Establishment of a Lending Club: Sharky announced plans to launch a lending club called "Chums," aimed at helping members develop optimal trading, investment, and lending strategies.
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