About Icarus Finance
Icarus Finance is a decentralized crypto mining protocol that combines traditional mining, DeFi applications and governance (DAO).Both $ZETH and $ZBTC are hashrate tokens that allow users to take part in Ethereum and Bitcoin mining respectively, claiming mining rewards in the process – it makes you the miner without the need for hardware.By staking ZETH / ZBTC, holders of the tokens will receive not only $ETH /$BTCB respectively, but also $ICA distributions that correspond to the mining power staked.
Icarus Finance is a decentralized crypto mining protocol that combines traditional mining, DeFi applications and governance (DAO). They combine the flexibility of mining multiple assets (Bitcoin and Ethereum) via their hash rate tokens, with farming via traditional DeFi applications through their governance token, $ICA.
Icarus Finance will be airdropping a total of 100,000 ICA to ICA holders and stakers. A snapshot will be taken between April 18th, 2021, 10 AM UTC and July 18th, 2021, 10 AM UTC. Eligible holders will receive free ICA based on the average holdings during the snapshot period.
| Basic | Details |
|---|---|
| Token Name | Icarus Finance |
| Platform | Binance Smart Chain |
| Airdrop Start | 2021-04-18 |
| Airdrop End | 2021-07-18 |
| KYC | KYC Is Not Requirement |
| Whitepaper | Click Here To View |
| Max. Participants | Unlimited |
| Collect Airdrop | Click Here To Collect Free Airdrop |
Step-By-Step Guide
- Hold or stake a minimum of 10 ICA to be eligible for the airdrop.
- A snapshot will be taken between April 18th, 2021, 10 AM UTC and July 18th, 2021, 10 AM UTC.
- Holding even for one day during the snapshot period will make you eligible for the airdrop.
- Beefy Finance stakers and XDITTO stakers are not eligible for the airdrop.
- Eligible holders and stakers will receive free ICA based on the average holdings during the snapshot period.
- The rewards will be distributed on July 31st, 2021.
- For more information regarding the airdrop, see this Medium article.
How to start
Icarus Finance Airdrop first step is to have your wallet ready and set up on the Binance Smart Chain, we recommend Metamask for this! Once that’s done, the next step is to decide what asset you want to mine and how much you want to invest.
If you decided to mine Bitcoin, you will want to buy and stake the $ZBTC token. If you decided to mine Ethereum, you will want to buy and stake the $ZETH token.
At icarus.finance there is more then just mining, so if you want to join the DeFi movement come and take a look at the liquidity pool pairs available, with Star Cluster is also possible to expand your portfolio assets by staking $ICA!
$Icarus Finance Airdro is also the governance token so make sure you cast your vote on the direction the protocol follows, by voting on active proposals. Make sure you are up to date with the latest articles, check our educational videos for tutorials and leave us your feedback!
Analytics
As you’ve probably noticed, the Cryptocurrency world moves at a faster pace than the real world. It’s open 24/7, with a lot of new information flooding the market, and this can sometimes be overwhelming.
Timing is off the essence if you plan to maximize the value of your assets, therefore your sources of information should be equally reliable and ready at your fingertips.
Icarus Finance Airdro this end, they aim to have a live feed of data of the assets, including graphic visuals and other important statistics, all in one page to save you the trouble of researching this manually and in different locations.
Single Assets
When staking $ZETH on the smart contract, users will be rewarded with 50% of $ETH pool rewards plus 2.5% of $ICA mining rewards. When staking $ZBTC on the smart contract, users will be rewarded with 50% of $BTCB pool rewards plus 2.5% of $ICA mining rewards.
Fund
10% of the ETH and BTCB pool distributions goes to the ICARUS Fund. This is to ensure icarus.finance has the necessary resources to maintain our mining facilities’s upkeep and overheads. A portion of this fund will be put aside as insurance for the project’s mining operations. They need to be prepared for unforeseeable setbacks such as power shortages, weather conditions, political factors.
$ZETH & $ZBTC Centralization
Both the hashrate tokens claim mining yields from their respective networks centrally, and rewards are distributed to holders in a decentralized manner. Namely, the project will direct all mining power collateralizing the tokens to the mining pools in exchange for daily mining rewards as calculated and allocated by the pool. The mining pool creates a fair environment as users benefit from lower costs (such as electricity) regardless of where they live. The mining facility itself is the only centralized variable in the project – it has to be in order to achieve stability and accountability of the platform.
