Home YieldNest
Post
Cancel

YieldNest

Basic Information

InformationDetails
Project NameYieldNest
Project Websitehttps://www.yieldnest.finance
Project DescriptionYieldNest is a decentralized platform focused on user empowerment, decentralization, accessibility, transparency, and community-led governance. It offers advanced yield strategies and cross-chain expansions to ensure active community participation.
Project TickerYND

Airdrop Details

InformationDetails
Airdrop TypeYND (Governance Token)
Total Airdrop AmountNot Known
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotNot Announced
Claiming StartedNot Announced
Claiming EndsNot Announced

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

Seeds Program

Users who have earned Seeds through YieldNest’s Loyalty Program qualify for the airdrop. Seeds can be accumulated by restaking assets in YieldNest products or participating in DeFi integrations. The relevant periods are:

  • Season OG (Epoch 1+2): Ended August 20, 2024
  • Season 1: August 20 — October 22, 2024
  • Season 2: Started October 22, 2024, and ends at the snapshot date.

Participants can check their total accumulated Seeds via the Seeds page.

Partner Communities

Eligibility also extends to holders of specific governance tokens or NFTs from partner projects. The requirements are as follows:

  • Llama NFT Holders: Must hold a minimum of 0.1 ynETH or ynETHx.
  • StakeDAO: Holders of StakeDAO NFTs (depending on scarcity) or veSDT. Bonus allocation for veSDT voters on the ynETHx/WETH pool.
  • Curve: veCRV voters on the ynETHx/WETH pool or the Curve Lend markets: ynETH/crvUSD & ynETHx/crvUSD.
  • Yearn: veYFI voters on the ynETHx/WETH pool or the Curve Lend markets: ynETH/crvUSD & ynETHx/crv.
  • Convex: Locked CVX voters on the ynETHx/WETH pool or the Curve Lend markets: ynETH/crvUSD & ynETHx/crv.
  • Spectra: Future veSpectra voters on the ynETHx pool.
  • Thena: veTHE voters on any of the ynBNBx/BNB pools.
  • Leviathan News: Holders of SQUID LP Tokens on Fraxtal (via Curve/Convex).
  • Nest AI: Holders of a minimum of 10,000 NEST tokens.
  • PrimeStaked (via Origin Protocol): Eligibility based on XP holders snapshot.
  • Kernel: Users who restaked a minimum of $250 via Kernel.

Additional Information

  • Claiming Process: Once the airdrop is live, users will need to connect their wallets to the official YieldNest app and visit the airdrop claim page. The official link will be announced via YieldNest’s official Twitter once the Token Generation Event (TGE) is live. Users are advised to ensure they are on the correct YieldNest domain (https://www.yieldnest.finance) and to avoid any sites claiming to offer early claims, as they are not safe.

  • Post-Airdrop Participation: After the airdrop, YND token holders can participate in governance by staking YND for veYND, voting on incentive allocations and governance proposals, and earning additional rewards. There is also an option to delegate voting power via StakeDAO for a more hands-off approach.

  • Security Reminder: YieldNest will never ask users to send funds to claim tokens. Users should always double-check what they are signing and ignore direct messages pretending to be official claim links.

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