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Nois Randdrop

Basic Information

InformationDetails
Project NameNois
Project Websitehttps://nois.network
Project DescriptionA decentralized protocol providing reliable randomness for blockchain applications.
Project TickerNOIS

Airdrop Details

InformationDetails
Airdrop TypeStaker
Total Airdrop Amount2% of Nois total supply (10% of the circulating supply)
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotNot Known
Claiming StartedDecember 21, 2023
Claiming EndsNot Known

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

  • Staking Requirement: Users must have staked at least 6 $OSMO tokens at the time of the snapshot.
  • Snapshot Block Height: Eligibility is determined based on staking at Osmosis block height 12,542,000.
  • Allocation Details: The base amount of NOIS tokens grows linearly with the amount of $OSMO staked, with a cap at 60,000 $OSMO.
  • Winning Probability: Only one-third of eligible participants will win the airdrop, utilizing randomness from Nois.

Additional Information

  • Airdrop Mechanics: The Randdrop leverages IBC, CosmWasm, and Nois’s randomness protocol to ensure a fair distribution process. Participants have a one-third chance to win, and winners receive three times their base allocation.
  • Claim Process: Eligible users can claim their tokens by visiting the Randdrop claim page and initiating the process, which involves a randomness-based selection to determine winners.
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