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SHO Conversion and Token Airdrop Turbos Finance SHO has been | DAO Maker News

SHO Conversion and Token Airdrop

Turbos Finance SHO has been converted to a zero-cost SHO (airdrop). Community members will receive a refund and also retain the 40% tokens vested in the beginning.

The refund will be airdropped to the participation wallets within 24 hours from now.

The 'bonus' amount that's being refunded is financed by both Turbos team and DAO Maker team.

Proceeding Steps
DAO Maker launches have performed well throughout the last 12 months, despite a weak market.

To maintain the bar, the diligence process will now onwards also account for the market maker used by the project. Projects with certain graylisted market makers will not qualify for a SHO.