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Hats finance

Basic Information

InformationDetails
Project NameHats Finance
Project WebsiteHats Finance
Project DescriptionA decentralized protocol focused on security and bug bounty vaults to incentivize ethical hacking and secure Web3 infrastructure.
Project TickerHATS

Airdrop Details

InformationDetails
Airdrop TypeHATS (Governance Token) & NFTs
Total Airdrop Amount2% of total HATS supply for token airdrop; additional NFTs for eligible users
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotRetroactively determined based on contributions
Claiming Started26 July 2024
Claiming Ends60 days after redemption period starts (for NFTs)

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

Eligibility is based on contributions to the Hats ecosystem, categorized into five groups:

  • Early Depositors (60%): Users who deposited liquidity into a bug bounty vault. Allocation is based on:
    • Time in vault: 0-30 days, 31-90 days, or >90 days.
    • Liquidity amount: $1-$100, $101-$1000, or >$1000.
  • Committee Members (15%): Teams that created bug bounties and helped triage reports. Allocation depends on liquidity provided:
    • $200 - $10k, $10k - $50k, or >$50k.
    • Deposits under $200 are excluded.
  • Crows (13%): Users holding at least one Crow NFT.
  • Security Experts (10%): Holders of a “Proof of Hacker” NFT and selected security researchers who contributed to Hats security.
  • Hatters (2%): Community members who participated in the Hatters program.

NFT Airdrop Eligibility

  • Early Depositors: Receive a “Protector of the Chain” NFT.
  • Committee Members: Receive the “Mother” NFT.
  • Security Experts: Receive the “Super Coder” NFT.

NFT holders gain access to exclusive community embassies and governance structures within the Security Council.

Additional Information

  • Tokens will not be immediately claimable; they will vest once the HATS token goes live.
  • Eligible users may qualify for multiple categories and will receive allocations based on earned points.
  • The Security Council is structured into three pillars: security community, security experts, and security infrastructure.
  • NFTs grant community access and governance privileges in the Hats ecosystem.
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