Airdrop Details

Information Details
Airdrop Type Retroactive (FORTH Governance Token)
Total Airdrop Amount 15 million FORTH tokens
Number of Eligible Users 75,000
Number of Claimants 41,990

Timeline

Event Date
Blockchain Snapshot 30th, 2021
Claiming Started April 21, 2021
Claiming Ends April 16, 2022

Token Distribution

Distribution Amount
Maximum 3,552,137.42 FORTH
Median/Average 92.61 / 230.4 FORTH
Minimum 2.81 FORTH

Eligibility Criteria

  • Users who interacted with AMPL on-chain in a utility manner.
  • Exchange wallets are excluded.
  • Eligibility is determined based on a point system:
    • Past, on-chain interaction with AMPL = 1 point (max)
    • Geyser program participation (per day) = 1 point
    • Negative rebase hold (per day) = 1 point
  • Geyser and Rebase points are uncapped, meaning long-term supporters accrued more points and thus more FORTH tokens.

Additional Information

  • 67% of FORTH is allocated to the AMPL community.
  • 33% of FORTH is allocated to early backers (core team, advisors, supporters, and Ampleforth Foundation).
  • Early backers follow a lock-up schedule:
    • 5% unlocked after 7 days post-launch.
    • Remaining 95% has a one-year cliff, then linearly unlocks over another year.
  • A perpetual 2% annual inflation rate will begin after one year.
  • 2.5% of the community allocation funds a public education program (Coinbase Earn campaign).