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Hop Protocol(HOP) Airdrop
Hop ProtocolHOP Airdrop
The airdrop distribution aims to achieve as broad of a distribution as possible and reward early liquidity providers who filled an essential role in Hop's growth.
The airdrop will be distributed as follows:
- 3.35% to users of the Hop bridge (min. 2 bridge transactions and $1,000 of volume)
- 2% to Liquidity Providers
- 2% to Bonders (1-year lockup)
- 0.1% to the top 500 Hop Discord participants and 79 Twitter users who were early evangelists for Hop
- 0.05% to external Hop contributors
- 0.5% to past Authereum users with deployed accounts
Hop bridge users that meet the minimum requirements above will receive a base airdrop amount with a multiplier ranging from x2 to x1 based on how early they used the bridge and a second multiplier of x3, x2, or x1 for making a minimum of $3k, $2k, or $1k of transfer volume respectively. The snapshot for liquidity providers and bonders was taken on April 1st at 12:00 am UTC.
Once HOP token is live, there will be a minimum 6-month period to claim, after which any remaining tokens can be reclaimed by the DAO. Eligible Discord and Twitter participants that do not submit an address before the DAO is live can still submit their address and receive tokens through a governance proposal at the end of the 6 month period.
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