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Ekubo

Basic Information

InformationDetails
Project NameEkubo Protocol
Project Websitehttps://ekubo.org
Project DescriptionEkubo Protocol is a decentralized automated market maker (AMM) built on Starknet, utilizing super-concentrated liquidity and a singleton architecture.
Project TickerEKUBO

Airdrop Details

InformationDetails
Airdrop TypeEKUBO (Governance Token)
Total Airdrop Amount3,333,333 EKUBO tokens (1/3rd of the total supply)
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotNot Known
Claiming Started2024-05-14
Claiming EndsNo deadline (Airdrop claim remains open)

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

Each user’s airdrop allocation was calculated based on their total points on the leaderboard, with adjustments applied:

  • Accounts with fewer than 1,000 points were excluded
  • Points were exponentiated (p^x) based on role in the ecosystem
  • Users who used fewer accounts received slightly more EKUBO tokens

Boosts by role:

  • Moderators: 1.01x boost
  • Active translators: 1.001x boost
  • General users: 1.0001x boost

Airdrop claims must be submitted manually using a block explorer with data from the provided CSV file.

Additional Information

  • Airdrop Claiming Process

    • The claim interface has been removed.
    • Users must manually submit transactions using the Voyager block explorer.
    • The CSV file contains all eligible accounts and their airdrop amounts.
  • Token Allocation

    • Airdrop: 3,333,333 EKUBO (1/3 of supply)
    • Team: 3,333,333 EKUBO (1/3 of supply, held by Ekubo, Inc. with no vesting)
    • Token Sale: 3,333,333 EKUBO sold over May 24, 2024 – July 23, 2024
      • 3,269,920 EKUBO sold for:
        • 343.675 ETH
        • 1,204,770 USDC
        • 1,549,920 STRK
  • Governance and Disclaimer

    • The EKUBO token only serves to decentralize ownership of Ekubo Protocol.
    • Ekubo, Inc. is not obligated to provide ongoing development unless agreed via governance.
    • Governance contracts protect against malicious upgrades by requiring stakeholder consensus.
This post is licensed under CC BY 4.0 by the author.