As you might know, the ETHLend airdrop for Eidoo users will happen in few days.

In this article, we will explain to you when this free giveaway of LEND tokens will happen, and how to get it.

What is ETHLend?

ETHLend is a fully decentralized peer to peer lending built on the Ethereum blockchain — and it was the first token sale to use our ICO Engine thanks to which they successfully raised more than 35’000 ETH in only five days.

ETHLend is also a strategic partner of Eidoo: their decentralized app (dapp) will be included in our marketplace — also dubbed dapp store — as soon as we launch it.

The ETHLend Airdrop: snapshot and eligibility

As previously revealed, ETHLend will provide an airdrop of 15’000’000 LEND for all Eidoo wallet users in January including people who have participated in the LEND token sale, which will be distributed accordingly to every Eidoo users.

These 15'000'000 LEND tokens are going to be distributed equally to all users.

To receive the ETHLend airdrop you need to download the Eidoo app on your device. It is free and available for both Android and iOS.

After downloading the app, you need to follow the wizard (enter your password, and complete the backup). This is a must if you want to receive the ETHLend airdrop.

Your Eidoo wallet can be empty, but it must be initialized by creating your password and completing the backup process.

In order to be eligible to for the LEND airdrop you just need to download the Eidoo app before January 10th 12 p.m. GMT, date on which the snapshot will be taken.

When is the ETHLend Airdrop going to happen?

That said, the date when you will start to receive LEND tokens — if you are eligible for this purpose — is January 19th at 12 p.m. GMT.

The whole process of tokens distribution won’t be complete in one day only, but it will take a couple of weeks to finish because of the bad condition of the Ethereum network that is very slow during these days, as you can see here.