Airdrop Details

Information Details
Airdrop Type retroactive
Total Airdrop Amount 5% of total token supply
Number of Eligible Users 57,000 wallets considered for airdrop (after filtering)
Number of Claimants Not Known

Timeline

Event Date
Blockchain Snapshot April 7, 2024 (Early adopters)
  July 10, 2024 (Late users, NFT/meme holders)
Claiming Started July 30, 2024, 8:00 UTC
Claiming Ends Not Known

Token Distribution

Distribution Amount
Maximum 8,400 LSD tokens per user
Median/Average Not Known
Minimum Not Known

Eligibility Criteria

Eligibility for the Pontem Network (LSD) airdrop was based on the following requirements:

Early Adopters

  • Users who traded or added liquidity on Liquidswap before April 7, 2024.

Late Users

  • Users who traded or added liquidity on Liquidswap between April 7 and July 10, 2024.

Community Members

  • Holders of community NFTs, meme tokens, product testers, and ambassadors as of July 10, 2024.

Bonus Multipliers

  • 10%: NFT and meme token holders.
  • 20%: Verified X (formerly Twitter) followers of @Pontem and LumioFDN.
  • 10%: Lumio whitelisted addresses.
  • Bonus multipliers were applied to trading volume and liquidity for key community members.

Wallet Maximums & Redistribution

  • Max allocation: 8,400 LSD per wallet.
  • Excess tokens over this cap (30%) were redistributed to smaller users.
  • Average user ROI: 3x compared to whales.

Bot Mitigation & Sybil Filtering

  • Minimum threshold: 5 swaps, $250 traded volume, or $100 liquidity added for 1 year to remove bot addresses.
  • Addresses receiving less than 1 LSD were excluded.
  • Certain company/partner-associated addresses were removed.

Referrals

  • 10% referral bonus applied to the trading volume and added liquidity of referred users.
  • Ongoing referrals will be factored into future airdrops.

Additional Information

  • 69% of the airdrop is liquid at the Token Generation Event (TGE), with the remaining 31% vested linearly over four months (released monthly).
  • 10% of the total token supply is reserved for staking rewards and future airdrops.
  • LSD is the governance token for the Liquidswap protocol, allowing community ownership and participation in protocol decisions.
  • Redistribution favors middle-tier users over whales and bots.
  • Further airdrops will use similar methodology, with referrals and trading activity boosting eligibility.