| Information | Details |
|---|
| Project Name | Equilibrefinance |
| Project Website | Equilibrefinance |
| Project Description | A decentralized finance (DeFi) platform built on the Kava network, leveraging ve(3,3) AMMs and concentrated liquidity models. |
| Project Ticker | VARA |
Airdrop Details
| Information | Details |
|---|
| Airdrop Type | Testnet |
| Total Airdrop Amount | 400,000 $VARA (1% of supply) |
| Number of Eligible Users | Not Known |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|
| Blockchain Snapshot | February 16–23, 2023 (Testnet Period) |
| Claiming Started | Post-mainnet launch (Date Not Announced) |
| Claiming Ends | Not Known |
Token Distribution
| Distribution | Amount |
|---|
| Maximum | Not Known |
| Median/Average | Not Known |
| Minimum | Not Known |
To qualify for the Equilibrefinance airdrop, users likely had to complete the following testnet activities during the testnet period (February 16–23, 2023):
- Wallet Setup: Add the Kava EVM Testnet RPC network to a wallet (e.g., MetaMask).
- Obtaining Test Tokens: Claim test $KAVA and $USDC tokens from the faucet (limited to twice per day).
- Engaging with the Testnet App:
- Swap tokens to demonstrate DEX functionality.
- Provide liquidity to pools.
- Vest tokens as part of the Lock & GovEarn cycle.
- Vote on governance proposals to encourage community participation.
Airdrop eligibility was verified post-mainnet launch, with a provided link for claim verification.
Important Links
- The airdrop was valued at $16,000 at launch (400,000 $VARA tokens).
- The Kava network’s EVM compatibility enabled Solidity developers to interact with Equilibrefinance.
- Exact distribution weighting based on activity (swapping, liquidity, voting, etc.) was not explicitly stated.
- The mainnet launch and final distribution timeline were to be announced.
