Basic Information
| Information | Details |
|---|---|
| Project Name | Sturdy |
| Project Website | Sturdy Finance |
| Project Description | A lending protocol that enables borrowers to farm with up to 10x leverage on projects like Convex and Aura, while allowing lenders to earn yield without the associated risks and costs. |
| Project Ticker | STRDY |
Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | Retroactive |
| Total Airdrop Amount | 1,500,000 STRDY (1.5% of total supply) |
| Number of Eligible Users | Not Known |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|---|
| Blockchain Snapshot | November 21, 2022 |
| Claiming Started | Feb 21, 2022 |
| Claiming Ends | Not Known |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | Not Known |
| Median/Average | Not Known |
| Minimum | Not Known |
Eligibility Criteria
Early users of Sturdy and partner protocols are eligible to receive STRDY tokens. Tokens are initially non-transferable.
Eligibility Requirements:
- Sturdy Depositors: Users who deposited over $50 in Sturdy as of November 21, 2022.
- Aura Stakers: Users who staked over $1,000 in the Aura Aave Boosted pool or over 1 ETH in the Aura wstETH/WETH pool as of November 21, 2022.
- Convex Stakers: Users who staked over $1,000 in the Convex FRAXBP, FRAXBPTUSD, FRAX3CRV, or sUSD pool, or over 1 ETH in the Convex stETH/ETH pool as of November 21, 2022.
- Yearn Depositors: Users who deposited over $1,000 in the Yearn USDC, USOT, DAI, or Curve SUSO vault, or over 1 ETH in the Yearn Curve stETH vault as of November 21, 2022.
- DegenScore Holders: Users who are in the top 500 of DegenScore Beacon holders.
Multipliers:
- Diamond Hands Multiplier: Users who did not withdraw after the airdrop announcement receive a 2x multiplier if they still had >$50 deposited in Sturdy as of February 5, 2023.
- OG Multiplier: Based on the duration of deposits. 1x if deposited <30 days before the snapshot, 3x if deposited >150 days before, with a linear equation in between.
- Borrow Multiplier: Users who borrowed >$200 on Ethereum as of the snapshot receive a 2x multiplier.
- Size Multiplier: Users with <$1,000 deposited receive a 1x multiplier, while those with ≥$100,000 deposited receive a 3x multiplier, with a linear scale in between.
Important Links
- Price Tracking: CoinMarketCap
- Price Tracking: CoinGecko
- Eligibility Criteria: Airdrop Announcement
- Official Announcement: STRDY Tokenomics
Additional Information
- Token Supply: 100,000,000 STRDY
- Token Allocation:
- Contributors: 19% (3-year vesting, 1-year cliff)
- Investors: 19% (3-year vesting, 1-year cliff)
- Airdrop: 1.5% (No vesting)
- Treasury: 60.5% (Controlled by governance, no vesting)
- STRDY tokens will initially be non-transferable until governance decides otherwise.
- The airdrop claim process is expected to go live within two weeks of February 14, 2023.