Airdrop Details

Information Details
Airdrop Type Retroactive
Total Airdrop Amount 8% of total ELX supply
Number of Eligible Users Not Known
Number of Claimants Not Known

Timeline

Event Date
Blockchain Snapshot February 28, 2024
Claiming Started March 2024
Claiming Ends March 31, 2024 (Final grace period deadline)

Token Distribution

Distribution Amount
Maximum Not Known
Median/Average Not Known
Minimum 37.5 ELX

Eligibility Criteria

  • Apothecary potion holders (7% of the total ELX airdrop allocation)
  • Community contributors (0.4%) including Cult OGs, private cult members, ritual winners, Discord role holders, POAP holders, and top XP earners
  • Elixir Electric Bazaar NFT holders (0.1%)
  • Early testnet validators connected to their Apothecary (0.25%)
  • DeFi stablecoin power users (0.25%)
  • TVL snapshot taken on February 28, 2024 – Users who had funds in the protocol on this date received a 30% boost
  • Airdrop recipients were automatically delegated to the ‘ElixirFoundation’ validator
  • Users who remained delegated throughout the three-month decentralization phase will have doubled their initial ELX airdrop allocation
  • Users had to connect their EVM wallet to their SUI wallet before March 1, 2024, with a final grace period until March 31, 2024

Additional Information

  • ELX is the native ERC-20 token of the Elixir network, driving governance and securing consensus.
  • 41% of the total ELX supply is allocated to the community, with 8% specifically for Season 1 airdrop.
  • Users who remained delegated for the three-month decentralization phase earned double their airdrop allocation.
  • There is no 7-day cooldown for airdrop recipients withdrawing their staked/delegated ELX.
  • Elixir plans to announce institutional validators in the coming months.