Squid Pro Quo
Squid Pro Quo (SQUILL) governs the Open Stablecoin Index (OPEN), an equal-weight index tracking leading stablecoin-networks advancing transparency, composability, and user-led governance.
OPEN is deployed on the Reserve protocol, built on Ethereum.
Vote-lock SQUILL to earn fees and a voice in shaping the OPEN index: constituents, weights, and beyond.
$SQUILL will be airdropped over multiple rounds, up to a supply of 10MM at the conclusion of the airdrop. Future rounds plan to target a larger community of decentralized stablecoin enthusiasts.