PANews reported on January 21 that according to The Block, Obol Collective announced that it will launch and airdrop its new token OBOL to network participants including Ethereum independent stakers, Rocketpool node operators, and Obol Techne Credential holders. The airdrop is based on the snapshot of January 13 and is planned to be carried out in three phases, the first of which will be launched on Tuesday this week.

The OBOL token will serve as Obol’s governance mechanism to support Decentralized Validator Technology (DVT). DVT further decentralizes the security of the Ethereum network by allowing multiple people to jointly operate Ethereum validators.

7.5% of the total supply of this airdrop will be distributed to three major types of participants:

1. Users who participate in the “1% Decentralization” funding program;

2. Professional and amateur operators who run Obol nodes on the mainnet and testnet for a long time;

3. Family and independent stakers, aiming to protect the neutrality and decentralized future of Ethereum.

The unlocking of airdropped tokens will be decided by community governance voting, and the exchange listing plan is expected to be promoted in the next 1-2 months.