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Tornado Cash

Basic Information

InformationDetails
Project NameTornado Cash
Project WebsiteTornado Cash
Project DescriptionTornado Cash is an open-source, non-custodial, decentralized cryptocurrency tumbler that enhances transaction privacy by mixing cryptocurrency funds.
Project TickerTORN

Airdrop Details

InformationDetails
Airdrop TypeTORN (ERC20 Token)
Total Airdrop Amount500,000 TORN
Number of Eligible Users7,514
Number of Claimants5,335

Timeline

EventDate
Blockchain SnapshotDec-06-2020
Claiming StartedOct-02-2021
Claiming EndsDec-06-2021

Token Distribution

DistributionAmount
Maximum2,073.56 TORN
Median/Average23.38 / 66.76 TORN
Minimum0.01 TORN

Eligibility Criteria

  • Early adopters of Tornado Cash are eligible for the airdrop.
  • Users must have deposited into Tornado.Cash ETH pools before block 11400000.
  • The airdropped amount depends on deposit size and duration.
  • Deposit size multipliers: | Size | Multiplier | |——–|————| | 0.1 ETH | 1 | | 1 ETH | 2 | | 10 ETH | 3 | | 100 ETH | 4 |

Additional Information

  • Governance: TORN holders can participate in governance decisions via voting and proposals.
  • Vesting & Distribution:
    • 5% (500,000 TORN): Airdrop to early users.
    • 10% (1,000,000 TORN): Anonymity mining over 1 year.
    • 55% (5,500,000 TORN): DAO treasury (unlocked over 5 years, 3-month cliff).
    • 30% (3,000,000 TORN): Founding developers & early supporters (unlocked over 3 years, 1-year cliff).
  • Claim Process:
    • Airdropped TORN was in the form of vTORN (non-transferable voucher).
    • Users could redeem vTORN 1:1 for TORN within 1 year.
    • Unredeemed tokens were sent to the DAO treasury.
  • Anonymity Mining:
    • Users earned Anonymity Points (AP) based on deposit duration.
    • AP could be converted into TORN through Tornado Cash’s shielded AMM system.
  • Governance Voting:
    • Users need 1,000 TORN to create proposals.
    • Proposals require 25,000 TORN votes to pass.
    • Votes are locked for 8.25 days after proposal execution.
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