Home SailDAO
Post
Cancel

SailDAO

Basic Information

InformationDetails
Project NameSail DAO
Project WebsiteSail DAO
Project DescriptionA decentralized autonomous organization focused on governance and ecosystem growth within the Osmosis and Migaloo communities.
Project TickerSAIL

Airdrop Details

InformationDetails
Airdrop TypeSAIL (Governance Token)
Total Airdrop Amount500,000,000 SAIL tokens
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotNot explicitly mentioned, but eligibility is based on voting on proposals 702 and 708.
Claiming StartedExpected to begin within 10-14 days from Jan 11, 2024
Claiming EndsNot Known

Token Distribution

DistributionAmount
MaximumPro-rata based on OSMO votes, max of either proposal 702 or 708 vote weight
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

  • Users who voted on Osmosis proposal 702 or 708 are eligible.
  • It is not additive, meaning if a user voted on both proposals, they will receive based on the higher vote amount, not both combined.
  • Delegators who staked OSMO to a validator that voted on the proposals will receive a share of the airdrop.
  • Validators will receive airdrop shares from their self-delegations.
  • All voters qualify regardless of whether they voted Yes, No, or Abstain.

Additional Information

  • The airdrop will be facilitated by CoinHall through its Genie protocol.
  • The total airdrop allocation consists of 400 million SAIL for Osmosis voters and 100 million SAIL for the Migaloo community.
  • A funding proposal on Sail DAO is set to be passed within 8 days before the campaign begins.
  • Claiming is expected to start within 10-14 days from Jan 11, 2024.
This post is licensed under CC BY 4.0 by the author.