There’s no such thing as a PLGR Pledge Finance airdrop in 2025 - not because it didn’t happen, but because it never was planned to begin with. If you’re searching online for details on how to claim free PLGR tokens, you’re chasing a ghost. The project launched its token in October 2021 with a Token Generation Event (TGE), and since then, there’s been zero official announcement, no community vote, no whitelist, and no airdrop campaign. Not even a hint. What you’re seeing are scam sites, fake Twitter threads, and bots copying old forum posts from 2022. Don’t click those links. Your wallet will thank you.
What Pledge Finance Actually Is
Pledge Finance (PLGR) is a DeFi protocol built to turn loans, bonds, and credit products into NFTs. Instead of just lending crypto like Aave or Compound, it creates structured financial instruments - think fixed-rate loans packaged as digital assets you can trade. It uses ERC-1155 tokens to represent each loan, which means one NFT can hold multiple financial rights, like interest payments, collateral claims, or insurance payouts. That’s not common. Most DeFi platforms stick to simple lending pools. Pledge tried to go deeper.
The project raised $3 million in September 2021 from investors like DHVC and Gary LaBlanc. Later, it announced a larger $30.42 million ICO where 495 million PLGR tokens were sold at $0.10 each. That’s a lot of tokens in early hands. The total supply was set at 1 billion, with a possible max of 3 billion - but the extra 2 billion were never minted. As of now, the circulating supply is listed as zero on most trackers. Why? Because almost all the tokens are locked up.
Why There’s No Airdrop - And Why You Shouldn’t Expect One
Airdrops are usually used to bootstrap adoption. You give away tokens to early users, liquidity providers, or community members to get people on board. Pledge Finance didn’t need one. They raised $30 million upfront. Their token was sold directly to investors, not distributed to the public. There was no farming, no staking rewards, no referral program. Just a one-time sale. And after that? Silence.
By mid-2023, the project’s activity dropped off. The website stopped updating. The X (Twitter) account went quiet. No new contracts were deployed. No new partnerships announced. The token stopped trading on major exchanges. By April 2025, the price hit an all-time low of $0.0001602. Today, it trades around $0.000211 - but with $0 in 24-hour volume. No one’s buying. No one’s selling. It’s frozen.
Here’s the hard truth: if there was ever an airdrop planned, it died with the project’s momentum. No team. No updates. No community engagement. You can’t airdrop tokens to users when there’s no active ecosystem to give them to.
Where the PLGR Token Stands Today
Let’s cut through the noise. PLGR isn’t dead - but it’s not alive either. It’s in limbo. The token exists on the blockchain. The smart contracts are still there. But no one’s using them. The official website is up, but it’s a static page from 2021. The GitHub repo hasn’t had a commit since 2022. The team hasn’t posted a status update in over two years.
Price predictions? CoinCodex says PLGR could hit $0.000694 by the end of 2024. WalletInvestor says it’ll drop to $0.000030 by September 2025. CoinDataFlow says it might hover between $0.000215 and $0.000414. All of these are guesses. No one’s trading the token, so no one’s validating those numbers. The charts look flat because there’s no activity. Zero volume. Zero liquidity. Zero market.
Some exchanges still list PLGR - but they’re small, low-traffic platforms. You won’t find it on Binance, Coinbase, or Kraken. Even if you buy it, you won’t be able to sell it. The liquidity is gone. The market is broken.
What Happened to the PLGR Token Distribution?
The original token distribution had three options during the public sale:
- Option 1: 100% of tokens released at TGE
- Option 2: 40% at TGE, then 20% every quarter
- Option 3: 25% at TGE, then 25% every quarter
Most early buyers chose Option 2 or 3 - meaning the majority of PLGR tokens were locked for months or even years. As of 2025, most of those lockups have expired. So why isn’t the market moving? Because the people who hold the tokens aren’t selling. Why? Because they know there’s no demand. They’re sitting on them, hoping for a revival that never comes.
There’s also a 10-month lockup period for team and investor tokens. That expired in 2022. Yet, there’s been no major sell-off. That suggests either the team has abandoned the project, or they’re holding out for something that will never happen.
How to Spot a Fake PLGR Airdrop
If you see a website or X post saying “Claim your free PLGR tokens now!” - it’s a scam. Here’s how to tell:
- Asks for your wallet private key or seed phrase - never, ever give that out. Legit airdrops don’t need it.
- Requires you to send crypto first - if they say “send 0.1 ETH to claim,” that’s a trap. You’ll lose it.
- Uses a fake website - check the URL. Real Pledge Finance is pledge.finance. Any variation like pledge-finance.com or pledgefinance.io is fake.
- Has no official social media verification - the official X account is @PledgeFinance. If the post comes from @PledgeFinanceAirdrop or something similar, it’s not real.
- Claims to be “limited time” or “only 100 spots left” - classic FOMO tactic. Real projects don’t rush airdrops like this.
Even if you’re tempted, don’t do it. Crypto scams targeting inactive tokens are growing fast. In 2024, over 12,000 fake airdrop scams were reported on Ethereum alone. Most target old projects like Pledge Finance because people assume they’re “coming back.” They’re not.
What to Do Instead
If you’re interested in structured DeFi lending, look at active projects instead:
- dYdX - offers perpetual swaps and isolated margin lending
- Vega Protocol - lets you trade derivatives on any asset, including crypto
- Hyperliquid - high-performance perpetuals with low fees
- Infinex - builds fixed-rate lending products similar to Pledge’s original vision
These platforms have active teams, real trading volume, and regular updates. They don’t need to scam you with fake airdrops - they’re already building.
As for PLGR? Treat it like a fossil. It’s not going to come back. The money’s gone. The team’s silent. The market’s dead. Don’t waste your time chasing it. Save your energy for projects that are still alive.
Was there ever an official PLGR airdrop?
No, there was never an official PLGR airdrop. Pledge Finance distributed its tokens through a Token Generation Event (TGE) and public sale in October 2021. No airdrop campaigns, community rewards, or token giveaways were ever announced by the team. Any claims of a current or upcoming PLGR airdrop are scams.
Can I still buy PLGR tokens today?
Technically yes, but practically no. PLGR is listed on a few low-traffic decentralized exchanges, but there is zero trading volume. Most major exchanges like Binance and Coinbase don’t support it. Even if you buy it, you won’t be able to sell it. The market is frozen, and liquidity is non-existent.
Why is PLGR’s trading volume $0?
PLGR’s trading volume is $0 because no one is buying or selling it. The project stopped updating in 2022. The team went silent. The community faded. With no real use case, no active development, and no exchange support, there’s simply no demand. The token exists on-chain, but it’s not traded.
Is Pledge Finance still active?
No, Pledge Finance is not active. The official website hasn’t been updated since 2021. The GitHub repository has had no commits since 2022. The team hasn’t posted on social media in over two years. The project is effectively abandoned. Any claims of a revival are speculative or fraudulent.
What happened to the $30 million raised by Pledge Finance?
There’s no public record of how the $30.42 million raised during the ICO was spent. No financial reports, no audits, no transparency updates. The project launched its platform in late 2021 but failed to gain traction. By 2023, development stopped. The funds likely went toward early development, marketing, and team salaries - but without accountability, it’s impossible to know for sure.
11 Comments
So let me get this straight - we’re supposed to feel sorry for a project that raised $30 million and then just… vanished? Like a magician who stole your wallet and disappeared into smoke? I’m not mad, I’m just disappointed. We keep falling for this. We keep thinking ‘this time it’s different’ - but no, it’s always the same story: big launch, big promises, zero accountability. And now we’re supposed to chase ghosts because someone posted a fake airdrop link? Please. We’re the problem. We’re the ones who keep feeding the machine.
There’s no such thing as a free token. There’s only free access to your wallet.
And yet here we are. Again.
Man I swear if I see one more ‘claim your PLGR tokens’ bot I’m gonna scream. These scams are getting dumber but somehow more convincing. I got a DM last week from some ‘Pledge Finance Support’ account asking me to send 0.05 ETH to unlock my ‘free allocation’. Bro I didn’t even own PLGR. I didn’t even know what it was. But they knew my wallet. That’s scary.
They’re not even trying anymore. Just copy-paste the same 2022 thread and slap a ‘2025’ on it. It’s like they think we’re all asleep at the wheel.
The absence of an airdrop is not a failure - it is a reflection of the project’s original design philosophy. Pledge Finance was never intended as a community-driven initiative. It was a private capital raise wrapped in DeFi terminology. The lack of subsequent activity is not anomalous; it is consistent with the trajectory of many early-stage DeFi ventures that fail to transition from speculative funding to sustainable utility.
One should not confuse silence with deception. Silence is merely the absence of action. Deception requires intent - and intent requires communication, which has not occurred.
It’s sad, really. Pledge had a cool idea - turning loans into NFTs? That’s actually genius. I remember reading their whitepaper back in 2021 and thinking, ‘this could be the next big thing.’ But then… nothing. No updates. No community calls. No GitHub commits. It’s like they built a beautiful house, poured all their money into the foundation, and then just walked away.
I get why people fall for fake airdrops - they’re clinging to hope. But we need to redirect that energy. There are real projects out there doing the same thing - just better, with teams that show up. Look at Infinex. They’re building. They’re talking. They’re not ghosts.
Don’t mourn PLGR. Find something alive and build with it.
Oh sweet merciful blockchain gods, here we go again - the necromancers of dead tokens are stirring the ashes of Pledge Finance like it’s some kind of crypto séance. ‘Claim your PLGR tokens’ - yeah, right, and I’ll also claim my missing socks from 2018 and the 10 million dollars Elon promised me on Twitter in 2022. These scams aren’t even clever anymore, they’re just pathetic. They’re like zombies trying to wear your shoes after you’ve buried them.
Let’s be real - the entire PLGR ecosystem is a graveyard with a website that still loads because someone forgot to cancel the domain renewal. The team? Gone. The liquidity? Vaporized. The token? A digital tombstone with a price tag of $0.000211 because someone, somewhere, still has a wallet open in MetaMask like it’s 2021 and they’re waiting for the moon.
And yet - and yet - people still click. Still send ETH. Still fall for the ‘limited time offer’ with 100 spots left. I don’t know if we’re the most gullible species on Earth or just the most hopeful. Either way, the blockchain doesn’t forgive. It just records. And right now, it’s recording a whole lot of dumb.
PLGR is the perfect example of why I hate crypto culture. You get this toxic mix of hype, FOMO, and zero due diligence. People don’t even read the whitepaper - they just see ‘airdrop’ and go full monkey mode. I mean, come on - $30M raised and zero updates? That’s not a project failure, that’s a crime. And now we’ve got bots spamming Discord with fake claim links that look legit because they copied the logo from 2021.
And the worst part? The people who bought in early are STILL holding. Why? Because they’re too proud to admit they got scammed. So they sit there with a token worth less than a coffee bean, hoping for a miracle. Meanwhile, the team’s probably on a beach in Bali drinking coconut water and laughing at us.
Don’t be that person. Move on. There’s real DeFi out there. Stop feeding the corpse.
bro i just got a dm from some ‘pledgefinance_ai’ bot saying i qualified for 5000 plgr tokens 🤡
i literally have never heard of this project until today
but now i’m supposed to connect my wallet and send 0.02 eth to ‘unlock’ it?
idk who’s more dumb - the scammers or the people who fall for this
also i just checked the website - it’s still using the 2021 font and the twitter account has 12 followers and the last tweet was ‘we’re launching soon’ in april 2022 😭
we’re all just ghosts here
It’s heartbreaking, honestly. I remember when I first read about Pledge Finance - the idea of tokenizing loans as NFTs felt so elegant, so forward-thinking. I even joined their Discord, asked questions, waited for updates. Then… silence. No explanation. No farewell. Just… gone.
And now, people are being tricked into thinking they can still claim tokens - as if the project’s ghost is offering one last gift. But it’s not a gift. It’s a trap. A digital trap, wrapped in nostalgia and false hope.
I’ve seen this happen before - with other projects, other tokens. People don’t want to believe something they believed in is dead. But sometimes, it’s better to let go. There are so many beautiful, alive projects out there - let’s focus on them. Let’s not bury ourselves in the ruins of what could’ve been.
And please, if you see a fake airdrop - report it. Block it. Warn others. We can still be kind, even in crypto.
I want to emphasize something important: the absence of an airdrop does not equate to deception - it equates to intentionality. Pledge Finance was never structured as a community-first token launch. It was a venture-backed private sale with a long-term vision that, unfortunately, never materialized. The fact that the team didn’t communicate their shutdown is irresponsible - but the fake airdrops? Those are malicious actors exploiting grief.
As someone who has studied DeFi protocols for over a decade, I urge everyone: verify the source. Check the blockchain. Look at contract addresses. Don’t trust links. Don’t trust Twitter threads. Don’t trust ‘limited-time offers.’
And if you’re holding PLGR - don’t panic. Just hold. There’s no reason to sell. There’s no reason to buy. It’s a relic. Treat it like a museum piece. Don’t touch it. Don’t try to revive it. Just observe.
And move on.
okay but imagine if you bought PLGR at launch and now you’re just sitting on it like a forgotten birthday gift 🥲
i feel so bad for those people… but also like… dude you knew it was risky right??
anyway i just got a DM from someone saying ‘claim ur plgr now!!’ and i literally laughed out loud
they used the old logo and everything 😭
plgr is like that ex who still texts you on your birthday - but you know they’re just spamming everyone
delete the app. block the number. move on. 💪💖
It is not surprising that individuals continue to fall victim to fraudulent airdrop schemes surrounding a project that has been functionally defunct for over two years. The persistence of such scams is a testament to the collective intellectual negligence of the crypto community - a culture that prizes speculation over substance, hype over history, and emotion over evidence.
There is no moral obligation for a failed venture to provide closure. The burden of due diligence lies with the participant, not the project. To claim otherwise is to infantilize the market.
One does not mourn the death of a failed business model. One learns from it. Or one remains a victim.
Choose wisely.