The decentralized liquidity network Bancor has announced its forthcoming airdrop starting at the onset of the New Year. The Company claims that the airdrop will increase the number of DeFi users to more than 500%.\r\n\r\nAs the sector of decentralized finance has been fascinating to a majority of people across the world, the Bancor team is determinant to push the airdrop to new heights.\r\n\r\nIn an official statement, Bancor spokesperson claimed that the aim of the airdrop would increase the liquidity and will multiply the use of DeFi applications, which will see a steep growth of 500% users in DeFi app users.\r\n\r\n\u201cThere are probably about 10K total users of DeFi products today. Bancor\u2019s airdrop will instantly create 60K + DeFi users without those users having to take any action. So overnight, as the ball drops, we will 6X the number of DeFi users.\u201d\r\nThe new Airdrop Plan by Bancor\r\nSignificant global attention towards decentralized finance has inspired the Bancor team to take up the challenge to arrange the new airdrop. So, the objective is to create more ETHBNT tokens and distribute them to 60,000 wallet owners.\r\n\r\nAs the leading decentralized liquidity network, Bancor has thus decided to allot to 60,000 ETHBNT liquidity pool tokens to the wallet owners on the eve of New Year.\r\n\r\nThese liquidity pool tokens enable the users to add liquidity to decentralized exchange (DEX) and in return, they will get back partial trading free.\r\n\r\nThe Liquidation of DEX is crucial for the industrial progress and it strengthens the decentralized exchanges to compete against centralized exchanges.\r\n\r\nUsers probably can hold the token and get back trading fees from each Ether (ETH) based transaction, or they can exchange it for any other token on Bancor protocol.