| Information | Details |
|---|
| Project Name | Gro DAO |
| Project Website | https://gro.xyz/ |
| Project Description | A decentralized protocol focused on liquidity provision and community-driven token distribution. |
| Project Ticker | GRO |
Airdrop Details
| Information | Details |
|---|
| Airdrop Type | Retroactive |
| Total Airdrop Amount | 1,000,000 GRO (1% of total supply) |
| Number of Eligible Users | Not Known |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|
| Blockchain Snapshot Start (Liquidity Provision) | August 13, 2021 (00:00 UTC) |
| Blockchain SClaim | 11 Jan 2022 |
| Snapshot End | A week after LBP finishes |
Token Distribution
| Distribution | Amount |
|---|
| Maximum | Not Known |
| Median/Average | Not Known |
| Minimum | Not Known |
Eligibility Criteria
To qualify for the airdrop, users must meet the following conditions:
- Provide liquidity to Gro Protocol: Users need to have a positive balance in the protocol by the snapshot end date. TVL (total value locked) in Vault and PWRD is considered, with higher TVL and longer holding periods increasing allocation weight.
- Participate in the LBP (Liquidity Bootstrapping Pool): Users who acquire and hold GRO from the LBP will receive a higher airdrop allocation. The formula favors those with both protocol liquidity and LBP participation.
- Same Wallet Requirement: The same wallet must be used for liquidity provision and LBP participation.
- Vesting Terms: 10% of the airdrop is available on day 1, with full vesting after 1 year.
- Geographic Restrictions: Citizens and residents of the United States, Cuba, Iran, Syria, North Korea, Crimea (Ukraine), Afghanistan, Ethiopia, Guyana, Iraq, Sudan, and Yemen are prohibited from participating.
Important Links
- The airdrop formula is weighted towards users with higher TVL and longer liquidity provision, but also significantly rewards LBP participants.
- Any foul play or gaming of the system will not be accepted.
- Terms and eligibility are subject to change.
Let me know if you need any modifications or additional details! 🚀
