Airdrop Details

Information Details
Airdrop Type Retroactive
Total Airdrop Amount 150 million PSP tokens (7.5% of total supply)
Number of Eligible Users 20,000
Number of Claimants 14,131

Timeline

Event Date
Blockchain Snapshot 8th October 2021
Claiming Started 16th November 2021
Claiming Ends Not Known

Token Distribution

Distribution Amount (PSP)
Maximum 10,400.00
Median/Average 7,800.00 / 7,501.20
Minimum 5,200.00

Eligibility Criteria

The airdrop targeted “active users” rather than those with the highest volume. Eligibility was based on:

  • Users who interacted with ParaSwap frequently over time
  • Wallets with at least 6 transactions in the last 6 months before the snapshot
  • Exclusion of addresses identified as airdrop hunters using multiple accounts
  • Users were assigned points based on transaction count, swap amounts, and network usage:
    • 10+ transactions → +1 point
    • Single transaction USD value (>$100 → +1 pt, >$1K → +2 pts, >$10K → +3 pts, >$100K → +4 pts)
    • Total volume swapped (>$100 → +1 pt, >$1K → +2 pts, >$10K → +3 pts, >$100K → +4 pts)
    • Usage across multiple networks → +1 pt
  • Rewards distribution based on points:
    • >7 points → 10,400 PSP
    • 4-7 points → 7,800 PSP
    • ≤3 points → 5,200 PSP

Additional Information

  • The distribution aimed to exclude airdrop hunters and reward long-term, engaged users.
  • The snapshot data was collected using ParaSwap Subgraphs and CoinGecko price feeds.
  • Users from integrations like Argent and CowSwap were included via special filtering methods.
  • Wallets identified as hunter accounts (large blobs of linked addresses, low balance, minimal historical use) were excluded.