Neutral Trade Announces TermMax Private Credit Vault Airdrop Allocation
Odaily: Neutral Trade has announced that, due to the delayed launch of the TermMax token and the renegotiation of yield terms, the airdrop allocation for the TermMax private credit vault is now being disclosed. The airdrop portion consists of TMX tokens calculated at a $60 million FDV valuation, which will be distributed to depositors based on the September 25, 2025 snapshot ratio after being sold. The distribution plan is 50% released one month after launch, followed by 12.5% per week for 4 consecutive weeks; distribution will begin this week.
