Airdrop Details

Information Details
Airdrop Type Governance Token ($HOP)
Total Airdrop Amount 80,000,000 HOP (8% of total supply)
Number of Eligible Users 145,329
Number of Claimants 28,050

Timeline

Event Date
Blockchain Snapshot April 1, 2022
Claiming Started June 11, 2022
Claiming Ends October 1, 2022

Token Distribution

Distribution Amount
Maximum 1,222,721 HOP
Median/Average Not Known
Minimum 1.63e-15 HOP

Eligibility Criteria

The airdrop was distributed based on the following criteria:

  • Hop Bridge Users: Minimum of 2 bridge transactions and at least $1,000 of volume.
  • Liquidity Providers: Users who provided liquidity to the Hop Protocol.
  • Bonders: Participants who bonded tokens (1-year lockup).
  • Community Members:
    • Top 500 Hop Discord participants.
    • 79 Twitter users who were early evangelists for Hop.
    • External Hop contributors.
  • Authereum Users: Past Authereum users with deployed accounts.
  • Multiplier System:
    • Base airdrop amount for bridge users.
    • Additional multipliers for how early users used the bridge.
    • Extra multipliers of x3, x2, or x1 for making a minimum of $3k, $2k, or $1k in transfer volume.

Additional Information

  • The Hop DAO governs the Hop Protocol, managing supported networks, tokens, bonder whitelist, incentives, grants, and treasury funds.
  • The Hop Foundation was established in the Cayman Islands to represent the DAO legally.
  • Hop Labs is the first service provider to Hop DAO, handling research, development, and marketing.
  • Sybil Attack Prevention: Out of 43,058 initially eligible addresses, 10,253 were identified and removed as Sybil attackers.
  • Reporting Sybil Addresses: Community members could report Sybil addresses for a reward of 25% of saved tokens (1-year lockup).