# Season 1 Airdrop

## Overview

The Season 1 Airdrop will see 3.0% of $NUTS distributed to the Thetanuts Finance community, of which users will receive $veNUTS specifically.

$veNUTS is subject to a 90-day vesting period. Users may initiate an Advanced Vesting with an exit penalty of 30 - 100%, of which this penalty will be sent to the Thetanuts Finance Treasury, in which the Thetanuts Finance DAO will have control over once governance is live.


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