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Airdrop Distribution

NETA Airdrop

32,950 NETA was allocated to be distributed to early Juno users who claimed the ‘GovDrop’ at neta.money. GovDrop was a variation of the fairdrop, a popular airdrop distribution in the early Cosmos IBC period.

NETA Airdrop Snapshot

At the time of the Moneta upgrade (December 15th), a snapshot was taken of the Juno Network distributed ledger.

NETA Airdrop Criteria

The NETA BlackPaper1 describes the NETA GovDrop distribution:

  1. Person delegated at least 25 JUNO on-chain = 1 NETA
  2. Person voted on at least 1 on-chain governance proposal = 10 bonus NETA
  3. Person voted on all on-chain governance proposals = 5 bonus NETA
  4. Person delegated to at least 1 validator outside the top 20 = 0.2 bonus NETA

With 25 JUNO delegated and qualifiying for all the bonus criteria. 16.2 NETA was the maximum allocated per user.

NETA Airdrop Claim Period

The NETA airdrop was claimable in the month Febuary 2022. All unclaimed NETA was permanently burned at the end of February.

  • 31,886.6 NETA was claimed
  • 1,063.4 NETA was permanently burned

NETA Airdrop Distribution

airdrop-distribution.jpg2

Footnotes

  1. https://netadao.zone/docs/NETA_Money.pdf

  2. https://mobile.twitter.com/EsunaApp/status/1485272955865255945/photo/1