Airdrop Details
| Information |
Details |
| Airdrop Type |
$FYDE Token Airdrop |
| Total Airdrop Amount |
7% of the total $FYDE token supply |
| Number of Eligible Users |
Not Known |
| Number of Claimants |
Not Known |
Timeline
| Event |
Date |
| Blockchain Snapshot |
June 21, 2024 |
| Claiming Started |
October 09,2024 |
| Claiming Ends |
Not Known |
Token Distribution
| Distribution |
Amount |
| Maximum |
5% of total airdrop per user (Liquid Vault participation) |
| Median/Average |
Not Known |
| Minimum |
Not Known |
Eligibility for the Fyde ($FYDE) airdrop was based on the following requirements:
Liquid Vault Participation
- Users who deposited and staked assets in the Fyde Liquid Vault were eligible.
- Allocation was based on deposit size and staking duration, with a cap of 5% of the total airdrop amount per user.
- Discord Activity: Earned 0.5% of the airdrop allocation based on a points system (minimum post requirement, non-deleted comments).
- Zealy Quests: Participation in Zealy campaigns contributed 0.25% of the airdrop allocation.
- Telegram Mini App: Engagement in the Telegram Mini App was rewarded with 0.25% of the airdrop allocation, with a per-user cap of 0.01%.
Eligibility Periods
- The airdrop was split into two phases:
- Phase 1 (OG Members): Ended January 2, 2024, rewarding early depositors.
- Phase 2 (Growth Phase): Continued beyond this date, with rewards based on product usage.
Vesting
- 30-day linear vesting schedule to mitigate sell pressure.
Important Links
- Fyde is launching new products such as a predictions market and a high APY yield vault, which will influence Season 2 airdrop eligibility.
- Season 2 will emphasize continued Liquid Vault deposits, staking TRSY tokens, and community participation.
- Future airdrop rewards may incorporate Fyde Club roles.
