Basic Information
| Information | Details |
|---|---|
| Project Name | Avalanche Foundation |
| Project Website | https://avax.network |
| Project Description | The Avalanche Foundation is a non-profit entity that fosters the advancement and growth of the Avalanche platform for the world. |
| Project Ticker | AVAX |
Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | AVAX (Native Token) and COQ (Community Coin) |
| Total Airdrop Amount | Not Known |
| Number of Eligible Users | Not Known |
| Number of Claimants | Not Known |
Timeline
| Event | Community Airdrop Date | Retrodrop Date |
|---|---|---|
| Blockchain Snapshot | Not Known | Not Known |
| Claiming Started | Jul 23, 2024 | Dec 18, 2024 |
| Claiming Ends | Not Known | Not Known |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | Not Known |
| Median/Average | Not Known |
| Minimum | Not Known |
Eligibility Criteria
Community Airdrop Eligibility
The airdrop targeted active and loyal Avalanche users, focusing on:
- Memecoin Rush Participants: Users who participated in the Memecoin Rush program.
- Diamond Hands: Wallets that demonstrated loyalty to the Avalanche ecosystem.
- Historic Avalanche Users: Wallets with a history of involvement in the Avalanche ecosystem.
Data from Trader Joe identified Memecoin Rush participants and Diamond Hands. Non-Diamond Hands participants were ranked into tiers based on their historic on-chain activity, utilizing data from The Tie’s Frosty Metrics Chill Factor categorizations. Efforts were made to exclude non-qualifying wallets, such as exchange wallets, bots, and those involved in wash trading.
Retrodrop Eligibility
- Participants who voted for projects on Retro9000 are eligible for the RETRODROP.
Important Links
- Official Announcement: Avalanche Foundation: The Community Airdrop
- Core Airdrop Tool: Core Airdrop Tool
- Retrodrop Official Announcement: Avalanche Foundation’s RETRODROP Announcement
- Retro9000 Program Details: Retro9000, a $40M Grant Program, Rewards Developers Building Avalanche L1s
Additional Information
The Avalanche Foundation used the Core Airdrop Tool to distribute the $AVAX and $COQ tokens to qualifying wallets, emphasizing the use of innovative solutions within the Avalanche ecosystem to reward community members.
Retro9000 is an up to $40 million retroactive grant program announced as part of Avalanche9000, the largest upgrade to the Avalanche ecosystem. Funded by The Avalanche Foundation, Retro9000 aims to reward developers for testing and launching foundational ecosystem building blocks on Avalanche, empowering them to innovate and build.