Basic Information
| Information | Details |
|---|---|
| Project Name | Hop Protocol |
| Project Website | Hop Exchange |
| Project Description | A protocol for sending tokens across rollups and their shared layer-1 network in a quick and trustless manner. |
| Project Ticker | HOP |
Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | Governance Token ($HOP) |
| Total Airdrop Amount | 80,000,000 HOP (8% of total supply) |
| Number of Eligible Users | 145,329 |
| Number of Claimants | 28,050 |
Timeline
| Event | Date |
|---|---|
| Blockchain Snapshot | April 1, 2022 |
| Claiming Started | June 11, 2022 |
| Claiming Ends | October 1, 2022 |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | 1,222,721 HOP |
| Median/Average | Not Known |
| Minimum | 1.63e-15 HOP |
Eligibility Criteria
The airdrop was distributed based on the following criteria:
- Hop Bridge Users: Minimum of 2 bridge transactions and at least $1,000 of volume.
- Liquidity Providers: Users who provided liquidity to the Hop Protocol.
- Bonders: Participants who bonded tokens (1-year lockup).
- Community Members:
- Top 500 Hop Discord participants.
- 79 Twitter users who were early evangelists for Hop.
- External Hop contributors.
- Authereum Users: Past Authereum users with deployed accounts.
- Multiplier System:
- Base airdrop amount for bridge users.
- Additional multipliers for how early users used the bridge.
- Extra multipliers of x3, x2, or x1 for making a minimum of $3k, $2k, or $1k in transfer volume.
Important Links
- Price Tracking: CoinMarketCap
- Price Tracking: CoinGecko
- Official Announcement: Hop DAO Introduction
- Dune Dashboard Dashboard
Additional Information
- The Hop DAO governs the Hop Protocol, managing supported networks, tokens, bonder whitelist, incentives, grants, and treasury funds.
- The Hop Foundation was established in the Cayman Islands to represent the DAO legally.
- Hop Labs is the first service provider to Hop DAO, handling research, development, and marketing.
- Sybil Attack Prevention: Out of 43,058 initially eligible addresses, 10,253 were identified and removed as Sybil attackers.
- Reporting Sybil Addresses: Community members could report Sybil addresses for a reward of 25% of saved tokens (1-year lockup).