ICONFi OMM Airdrip Goes Live!

ICONFi
3 min readAug 27, 2021

Dear ICONFi users,

Many ICONFi users have asked whether ICONFi would support OMM Airdrip. And the answer has been always “YES!”

We do understand things are quite complicated when it comes to how to get the OMM airdrip and stuff. No worries, ICONFi is Making Crypto Simple.

As of 7AM UTC, September 6, 2021, OMM Airdrip support will be live within the ICONFi mobile application. Users who stake ICX through ICONFi will be eligible to automatically receive OMM Airdrip rewards on a weekly basis.

Stake ICX on ICONFi and forget about it. You will get the OMM airdrip automatically.

What is Omm?

Omm is an open money market on the ICON Network that operates as a DAO (decentralized autonomous organization). Omm Tokens (OMM) are the governance token for the platform.

OMM can be used to:

· Earn ICX staking rewards

· Supply assets and earn interest

· Borrow assets for short-term loans

· Earn Omm Tokens (the platform’s governance token)

· Delegate votes to ICON public representatives (P-Reps)

OMM Airdrip

Airdrip is a unique feature that rewards users for supporting the ICON ecosystem.

Users who stake and delegate ICX to P-Reps are eligible to claim Airdrip tokens for various projects on a weekly basis. Users have seven days to claim these tokens. If left unclaimed, these tokens are forfeited and added to the next week’s Airdrip pool.

Omm has partnered with the ICON Foundation to distribute OMM to ICX holders. Through the ICON Community Airdrip program, ICX delegators can claim OMM every week after the Omm launch.

ICONFi OMM Support

As part of ICONFi’s mission to ‘make crypto simple’, we take Airdrip rewards to the next level.

Other ICX wallets require users to login every week to manually claim Airdrip rewards.

With ICONFi, you can sit back and relax as we automatically claim Airdrip tokens on your behalf. All you need to do is stake ICX through the ICONFi mobile application and we handle the rest. This benefits you by:

· Eliminating the need to remember to manually claim rewards every week

· Saving you on ICX transaction fees that would normally be required to claim Airdrip rewards

· Ensuring you receive 100% of ICON Network staking rewards, including ICX and Airdrip tokens

Users who stake ICX through ICONFi are eligible to receive OMM Airdrip rewards on a weekly basis as of 7AM UTC, September 6, 2021. These are distributed in addition to ICX and BALN Airdrip rewards.

There is no better time to jump into the ICONFi ecosystem. Stake ICX through the ICONFi mobile application and start earning today.

For more information on staking, check out our guide on Staking ICX with ICONFi.

About ICONFi

ICONFi is a digital asset savings platform that provides simple and intuitive earn products so that anyone can easily multiply crypto assets. ICONFi aims to simplify the complicated processes often associated with crypto assets and offers a sleek, straightforward user interface which supports saving, staking and airdrop activities at the palm of your hand.

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ICONFi

A new crypto staking and earn service for the ICON community.