The Filecoin ecosystem liquidity staking protocol Glif has launched the governance token GLF, with a planned distribution of 94 million tokens for airdrop

ChainCatcher news, according to The Block, the Filecoin ecosystem liquidity staking protocol Glif has announced the launch of its governance token GLF, and is distributing 94 million tokens through an airdrop, accounting for 9.4% of the total supply.

Glif had previously planned to airdrop 100 million GLIF to eligible users, accounting for 10% of the total supply, but adjusted the number based on participation, with the remaining tokens to be returned to the community reward pool for distribution later. Glif also announced plans to establish the GLIF Foundation, a non-owner entity that will represent the GLIF DAO and be managed by GLIF holders.