Airdrop Details

Information Details
Rewarded Activity Embers farming, protocol usage, public sale participation
Total Airdrop Amount 10,500,000 ICL (10.5% of total supply)
Number of Eligible Users 888 (top Embers farmers)
Number of Claimants Not disclosed
Average Allocation Not disclosed

Timeline

Event Date
LGE (Token Live on DEX) 2024-07-02
BitGet Listing 2024-07-02
Airdrop Claim Start 2024-07-02 (shortly after LGE)
Public Sale Claim 2024-06-25 17:00 UTC
Airdrop Claim 2024-06-25 18:00 UTC

Token Distribution

Tier/Category Amount/Percent Source
Liquidity 7.5% Tokenomics
Public 1.5% Tokenomics
Seed 7.5% Tokenomics
Strategic Partnerships 5% Tokenomics
Treasury 15% Tokenomics
Airdrop 10.5% Airdrop
Cod3x 10% Tokenomics
Incentives 35.5% Tokenomics
Ecosystem Grants 7.5% Tokenomics
Initial Supply 15,500,000 ICL Tokenomics
Total Supply 100,000,000 ICL Tokenomics

Eligibility Criteria

Primary Requirements

  • Top 888 Embers farmers (protocol users with highest Embers points)
  • Non-linear distribution: largest farmers receive proportionately less, smaller farmers receive more
  • 0.5% of airdrop reserved for public sale purchasers not seeking refunds
  • Airdrop distributed as oICL option tokens: 50% immediately, 25% after 1 month, 25% after 2 months
  • Airdrop claim requires MODE for oICL redemption into ICL

Additional Airdrop Opportunities

  • Staking ICL on BitGet for additional rewards
  • Future protocol incentives and emissions via oICL

Additional Notes

  • oICL tokens allow users to purchase ICL at a 50% discount, paid in MODE
  • MODE premiums used to buy back ICL or deepen liquidity
  • Airdrop model designed to reward loyalty and long-term protocol users
  • KYC and public sale process included partial refunds for fairness
  • ICL staking module (Cod3x Relic) offers protocol revenue sharing and compounding
  • iUSD stablecoin and staked iUSD (siUSD) to launch soon
  • Liquidity seeded on Velodrome (ICL-MODE pool) at 20M FDV
  • BitGet listing and staking support from launch

Source References

Price Tracking

Additional Information

  • Ironclad is a Mode-native DeFi protocol focused on lending, stablecoins, and innovative tokenomics
  • oICL option token model aligns rewards with long-term protocol loyalty
  • iUSD stablecoin and siUSD (interest-bearing) to launch soon
  • Staking and relic modules provide protocol revenue sharing and compounding
  • Transparent response to public sale/KYC issues, including partial refunds
  • Liquidity and trading support on Velodrome and BitGet from launch