Airdrop Details

Information Details
Airdrop Type Retroactive
Total Airdrop Amount 1,500,000 STRDY (1.5% of total supply)
Number of Eligible Users Not Known
Number of Claimants Not Known

Timeline

Event Date
Blockchain Snapshot November 21, 2022
Claiming Started Feb 21, 2022
Claiming Ends Not Known

Token Distribution

Distribution Amount
Maximum Not Known
Median/Average Not Known
Minimum Not Known

Eligibility Criteria

Early users of Sturdy and partner protocols are eligible to receive STRDY tokens. Tokens are initially non-transferable.

Eligibility Requirements:

  • Sturdy Depositors: Users who deposited over $50 in Sturdy as of November 21, 2022.
  • Aura Stakers: Users who staked over $1,000 in the Aura Aave Boosted pool or over 1 ETH in the Aura wstETH/WETH pool as of November 21, 2022.
  • Convex Stakers: Users who staked over $1,000 in the Convex FRAXBP, FRAXBPTUSD, FRAX3CRV, or sUSD pool, or over 1 ETH in the Convex stETH/ETH pool as of November 21, 2022.
  • Yearn Depositors: Users who deposited over $1,000 in the Yearn USDC, USOT, DAI, or Curve SUSO vault, or over 1 ETH in the Yearn Curve stETH vault as of November 21, 2022.
  • DegenScore Holders: Users who are in the top 500 of DegenScore Beacon holders.

Multipliers:

  • Diamond Hands Multiplier: Users who did not withdraw after the airdrop announcement receive a 2x multiplier if they still had >$50 deposited in Sturdy as of February 5, 2023.
  • OG Multiplier: Based on the duration of deposits. 1x if deposited <30 days before the snapshot, 3x if deposited >150 days before, with a linear equation in between.
  • Borrow Multiplier: Users who borrowed >$200 on Ethereum as of the snapshot receive a 2x multiplier.
  • Size Multiplier: Users with <$1,000 deposited receive a 1x multiplier, while those with ≥$100,000 deposited receive a 3x multiplier, with a linear scale in between.

Additional Information

  • Token Supply: 100,000,000 STRDY
  • Token Allocation:
    • Contributors: 19% (3-year vesting, 1-year cliff)
    • Investors: 19% (3-year vesting, 1-year cliff)
    • Airdrop: 1.5% (No vesting)
    • Treasury: 60.5% (Controlled by governance, no vesting)
  • STRDY tokens will initially be non-transferable until governance decides otherwise.
  • The airdrop claim process is expected to go live within two weeks of February 14, 2023.