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Penumbra

Basic Information

InformationDetails
Project NamePenumbra
Project WebsiteNot Known
Project DescriptionA decentralized protocol providing private and secure transactions within the Cosmos ecosystem.
Project TickerUM

Airdrop Details

InformationDetails
Airdrop Typeretroactive
Total Airdrop Amount16,000,000 UM tokens (16% of total supply)
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotNot Known
Claiming StartedOCT 14 ,2024
Claiming EndsNot Known

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

The Penumbra UM airdrop targeted two primary groups:

  • Active Cosmos DeFi Users: Wallet addresses actively engaged in Cosmos-based decentralized finance activities.
  • Developers: Contributors to repositories that supported Penumbra’s creation or were critical to the broader crypto ecosystem.

Each group was allocated 8% of the total UM token supply. Additionally, claimants who chose to stake their tokens with a validator aiming to be part of the genesis set received an in-category multiplier, enhancing their token allocation.

Additional Information

  • Token Lockups: All investor and team tokens are locked to ensure commitment and stability within the ecosystem.
  • Institute for Applied Numogrammatics (IAN): A Cayman foundation allocated 20% of the genesis supply, dedicated to supporting the Penumbra protocol through grants and ecosystem growth initiatives.
  • Community Pool: Holds 25% of the token supply, with allocations earmarked for future community distribution and use, as approved by governance. At genesis, these tokens are frozen via a chain parameter as a conservative risk mitigation measure.

Note: Specific dates for the blockchain snapshot, claiming period, and detailed token distribution metrics were not available in the provided sources.

This post is licensed under CC BY 4.0 by the author.