# 📢 Airdrop Announcement: $ABS Token Details

By [AbstraDEX](https://paragraph.com/@abstradex) · 2024-04-17

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📢 **Airdrop Announcement: $ABS Token Details**

🚀 **What is $ABS Token?**  
$ABS is the native token of AbstraDEX, a decentralized exchange built on the X Layer

💡 **About $ABS:**

*   **Name:** AbstraDEX ($ABS)
    
*   **Chain:** X Layer
    
*   **Total Supply:** 70,000,000 $ABS
    

🔥 **Airdrop Details:**

*   **Pool Allocation:** 3.5 million $ABS
    
*   **Allocation Split:** 30% for $OKB and 70% for $OKBABY
    

🎯 **How to Participate (in 48 hours):**  
Send $OKB and $OKBABY to the wallet address: 0x240EdDAeD0FCe3Ca76F5CF3aE9B010Ef4a8ba829

⏰ **Timeline:**

*   **Start Time:** 12:00 PM UTC on April 17, 2024
    
*   **End Time:** 12:00 PM UTC on April 19, 2024
    
*   **Refund OKB & OKBABY:** 7:00 AM UTC on April 20, 2024
    

💸 **Investor Rewards:**

*   Investors sending $OKB: Receive 1% + total amount sent.
    
*   Investors sending $OKBABY: Receive 2% + total amount sent.
    

✅ **Example:** If you send 100 $OKB, you will receive back 101 $OKB. Similarly for $OKBABY.

🔄 **$ABS Rewards Distribution:**

*   **Time:** 9:00 AM UTC, April 20, 2024
    
*   **Formula for Reward Calculation:**
    
    *   Pool $OKB: Reward = (amount sent / total amount sent) \* 1,050,000
        
    *   Pool $OKBABY: Reward = (amount sent / total amount sent) \* 2,450,000
        

🚀 **Listing $ABS Date:** April 20, 2024 (12:00 PM UTC)

🌟 Don't miss out on this opportunity to participate in the $ABS airdrop and secure your tokens! Get ready to join the AbstraDEX ecosystem. 🚀

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*Originally published on [AbstraDEX](https://paragraph.com/@abstradex/airdrop-announcement-abs-token-details)*