Airdrop Details

Information Details
Airdrop Type retroactive
Total Airdrop Amount 16,000,000 UM tokens (16% of total supply)
Number of Eligible Users Not Known
Number of Claimants Not Known

Timeline

Event Date
Blockchain Snapshot Not Known
Claiming Started OCT 14 ,2024
Claiming Ends Not Known

Token Distribution

Distribution Amount
Maximum Not Known
Median/Average Not Known
Minimum Not Known

Eligibility Criteria

The Penumbra UM airdrop targeted two primary groups:

  • Active Cosmos DeFi Users: Wallet addresses actively engaged in Cosmos-based decentralized finance activities.
  • Developers: Contributors to repositories that supported Penumbra’s creation or were critical to the broader crypto ecosystem.

Each group was allocated 8% of the total UM token supply. Additionally, claimants who chose to stake their tokens with a validator aiming to be part of the genesis set received an in-category multiplier, enhancing their token allocation.

Additional Information

  • Token Lockups: All investor and team tokens are locked to ensure commitment and stability within the ecosystem.
  • Institute for Applied Numogrammatics (IAN): A Cayman foundation allocated 20% of the genesis supply, dedicated to supporting the Penumbra protocol through grants and ecosystem growth initiatives.
  • Community Pool: Holds 25% of the token supply, with allocations earmarked for future community distribution and use, as approved by governance. At genesis, these tokens are frozen via a chain parameter as a conservative risk mitigation measure.

Note: Specific dates for the blockchain snapshot, claiming period, and detailed token distribution metrics were not available in the provided sources.