Basic Information
| Information | Details |
|---|---|
| Project Name | Shell Protocol |
| Project Website | Shell Protocol |
| Project Description | A decentralized finance protocol designed for trading, lending, and NFT sales, with governance through the Shell DAO. |
| Project Ticker | SHELL |
Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | Retroactive |
| Total Airdrop Amount | ~102M SHELL distributed through stream NFTs |
| Number of Eligible Users | Not Known |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|---|
| Blockchain Snapshot | Not explicitly mentioned |
| Claiming Started | January 22, 2024 |
| Claiming Ends | January 22, 2026 |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | 1 CRAB = 1 SHELL (varies per user based on CRAB holdings) |
| Median/Average | Not Known |
| Minimum | Not Known |
Eligibility Criteria
- Must have participated as a Shell liquidity provider (LP).
- CRAB tokens, earned from providing liquidity during Shell v1 and v2, are required to claim SHELL stream NFTs.
- Users who earned points in Seasons 1-3 of Shell v2 or provided liquidity in Season 0 on Shell v1 are eligible.
- CRAB can be converted into stream NFTs at a 1:1 ratio with SHELL.
- If a user did not earn CRAB before the TGE, they are not eligible.
Important Links
- Price Tracking: CoinMarketCap
- Price Tracking: CoinGecko
- Official Announcement: Shell Token Launch Explained
- Shell Points Introduction: Introducing Shell Points
- Testnet Access: Shell v2 Testnet
Additional Information
- Vesting Schedule: SHELL stream NFTs release tokens continuously from January 22, 2024, to January 22, 2026.
- Staking: Users can stake SHELL to earn veSHELL, which grants voting power and rewards.
- Liquidity Pool: A SHELL+ETH pool will be launched at TGE, allowing community members to provide liquidity.
- Trading & Transfers: SHELL stream NFTs can be traded on NFT marketplaces like OpenSea.
- DAO Governance: Governance proposals and votes start one week after TGE.
- Testnet Update: Shell v2 testnet has been updated with Shell Points, fractal pools, and an ETH-stablecoin pool. Users can now test features before the guarded launch on Arbitrum.