airdrop

[faddat]

Eve's airdrop is a bit complex, because it will snapshot a number of different cosmos chains:

Weights aren't finalized. Percentages add up to more or less than 100%. Numbers aren't final. Various anti farming measures will be taken but zero pruning will be done. Eve is surely airdropping with the intent of achieving alignment.

• Composable - 13%
• Celestia - %
• Osmosis - 35%
• Quicksilver - 35%
• Bad Kids - 1 bk is 1/4th a cryptonium
• cryptonium - 4x a bk
• Sentinel - 13%
• Akash - 13%
• Cyber - 13%
• Stargaze - 13%
• Neutron - %
  • Neutron is extremely well managed by an extremely professional team
• Luna - %
• Lunc
• Cosmos hub - %
  • potentially this could go to governance participants, or be unlocked upon exit from the cosmos hub? Seems wrong to exclude so many long term participants

Snapshot process

• get accounts and their current balances
• prune all dust staking accounts:
  • remove all accounts staking tokens worth less than $20 to ensure that we filter out governance manipulation accounts
• determine the % of supply that each account has on the 6 included chains
• put these weights together and issue 1,000,000,000 eve

[hoank101]

Hey @faddat If I had 100 Osmosis and 100 Composable, how many eve would I have?

[hoank101]

get weights at time snapshot

[faddat]

it would depend on the percentage of supply that you own on Osmosis and Composable. Since the supply will be different for different chains, we will calculate the percentage of supply for each account.

[hoank101]

thank @faddat, we will do it

[tungle-notional]

Hi @faddat, from what I understand, we will create a tool for this. At snapshot time, it will collect all validators from each chain, calculate the reward and save it to json file. Then whenever our chain starts, it will send the rewards in genesis to users. This is the repo we are going to work on (https://github.com/notional-labs/eve-airdrop)

[tropicaldog]

@faddat Hi sir, we also want to know at which date should the snapshot happen, so we can begin retrieving the data and calculate allocation weights.

[hoank101]

hi @faddat what time do you want take a snapshot?

[faddat]

oh hey dudes, sorry that I missed this. I'd like to do the snapshot as close to genesis time as possible. If we could do the snapshotting in the 24 hours leading up to genesis, that would be perfect and it would help us to avoid farming.

Please also know that we should parameterize the airdrop tooling, because right before the airdrop we will change various things, to ensure that the airdrop ends up the way that we would like it to work, as opposed to the way that farmers want it to work.

Please also note that we will not "prune" the airdrop as some projects have. We will take output from our tooling, make genesis, and launch, so it will be important to have the entire thing scripted. Keep in mind that we can do it all in CI using https://notionalapi.com by putting a Notional API key in the secrets of this github. That will let us query any chain we want to.

[abdulafeez69]

What about people that stake dymension

[tungle-notional]

https://twitter.com/gadikian/status/1771859504176501006?t=VCTtVNGg4nZaxzUwtqLaNA&s=19

[tungle-notional]

Add snapshot for milady, madlabs, Cryptonium, Bad Kids

[trungnt1811]

hi @faddat, have you finalized the percentage weight for the airdrop across the chains?