According to official sources, Kinetix Finance, a perpetual DEX protocol in the Kava ecosystem, announced the launch of its protocol token KFI in February. It is reported that 3% of the total KFI tokens will be used for airdrop distribution, which will be divided into three phases.

The first phase will target stakers on certain Kinetix alliance chains, including Cosmos, Celestia, Osmosis, Injective, and Polygon, each receiving a 5% airdrop. The second part will be airdropped to Kinetix DeFi users, accounting for 75% of the airdrop. The third part will be a retrospective airdrop after the initial airdrop, with specific details yet to be revealed.