Airdrop Details
| Information |
Details |
| Airdrop Type |
Retroactive |
| Total Airdrop Amount |
1,000,000 GRO (1% of total supply) |
| Number of Eligible Users |
Not Known |
| Number of Claimants |
Not Known |
Timeline
| Event |
Date |
| Blockchain Snapshot Start (Liquidity Provision) |
August 13, 2021 (00:00 UTC) |
| Blockchain SClaim |
11 Jan 2022 |
| Snapshot End |
A week after LBP finishes |
Token Distribution
| Distribution |
Amount |
| Maximum |
Not Known |
| Median/Average |
Not Known |
| Minimum |
Not Known |
Eligibility Criteria
To qualify for the airdrop, users must meet the following conditions:
- Provide liquidity to Gro Protocol: Users need to have a positive balance in the protocol by the snapshot end date. TVL (total value locked) in Vault and PWRD is considered, with higher TVL and longer holding periods increasing allocation weight.
- Participate in the LBP (Liquidity Bootstrapping Pool): Users who acquire and hold GRO from the LBP will receive a higher airdrop allocation. The formula favors those with both protocol liquidity and LBP participation.
- Same Wallet Requirement: The same wallet must be used for liquidity provision and LBP participation.
- Vesting Terms: 10% of the airdrop is available on day 1, with full vesting after 1 year.
- Geographic Restrictions: Citizens and residents of the United States, Cuba, Iran, Syria, North Korea, Crimea (Ukraine), Afghanistan, Ethiopia, Guyana, Iraq, Sudan, and Yemen are prohibited from participating.
Important Links
- The airdrop formula is weighted towards users with higher TVL and longer liquidity provision, but also significantly rewards LBP participants.
- Any foul play or gaming of the system will not be accepted.
- Terms and eligibility are subject to change.
Let me know if you need any modifications or additional details! 🚀
