Fyde

Basic Information

Information	Details
Project Name	Fyde
Project Website	Fyde Website
Project Description	Fyde is a decentralized finance platform offering liquid staking and yield optimization through its Liquid Vault and additional financial products.
Project Ticker	$FYDE

Information	Details
Airdrop Type	$FYDE Token Airdrop
Total Airdrop Amount	7% of the total $FYDE token supply
Number of Eligible Users	Not Known
Number of Claimants	Not Known

Distribution	Amount
Maximum	5% of total airdrop per user (Liquid Vault participation)
Median/Average	Not Known
Minimum	Not Known

Liquid Vault Participation: Users who deposited and staked assets in the Fyde Liquid Vault were eligible. Allocation was based on deposit size and staking duration, with a cap of 5% of the total airdrop amount per user.
Community Engagement:
- Discord Activity: Earned 0.5% of the airdrop allocation based on a points system (minimum post requirement, non-deleted comments).
- Zealy Quests: Participation in Zealy campaigns contributed 0.25% of the airdrop allocation.
- Telegram Mini App: Engagement in the Telegram Mini App was rewarded with 0.25% of the airdrop allocation, with a per-user cap of 0.01%.
Eligibility Periods: The airdrop was split into two phases:
- Phase 1 (OG Members): Ended January 2, 2024, rewarding early depositors.
- Phase 2 (Growth Phase): Continued beyond this date, with rewards based on product usage.
Vesting: 30-day linear vesting schedule to mitigate sell pressure.

Fyde is launching new products such as a predictions market and a high APY yield vault, which will influence Season 2 airdrop eligibility.
Season 2 will emphasize continued Liquid Vault deposits, staking TRSY tokens, and community participation.
Future airdrop rewards may incorporate Fyde Club roles.