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Wormhole $W Airdrop: Claim Date Announced for April 3rd –Here's Everything You Need to Know

Wormhole's long-awaited governance token airdrop is finally here! Learn how to claim your $W tokens, eligibility details, and everything you need to participate.

March 28, 2024 by Sheldon

It's official! Wormhole, the leading cross-chain interoperability protocol, has set its much-awaited $W token airdrop date. Mark your calendars for Wednesday, April 3rd, 2024 – aka Wormhole Wednesday – as the day you can finally claim your share of the generous community allocation. The exact claim process will be announced closer to April 3rd.

Why the Hype?

The Wormhole community has been excited since the $W airdrop announcement on February 7th, 2024. With a whopping 17% (1.7 billion tokens) of the total supply of 10 billion $W tokens dedicated to the community, this airdrop was one of the most significant in recent memory, and community members were eager to learn when they would be able to claim their share.

Recap: How $W Airdrop Eligibility Works

Curious to know if you're eligible? Wormhole released an eligibility checker on March 6th, 2024, followed up with an update on March 12th, 2024, to ensure fair distribution. Here's how eligibility was determined:

  • Wormhole Power Users: The majority of the airdrop (approximately 81%) rewards those who actively used Wormhole for cross-chain transfers. Factors like cumulative value transferred, timing of usage, assets, and blockchains involved are crucial.
  • Community Champions: The airdrop also recognizes active community members. Holders of specific roles in the Wormhole Discord, top contributors to Zealy campaigns, Pyth stakers, and holders of select NFT projects (DeGods/y00ts, Bad Kids, Monad) are likely eligible. Mad Lads holders receive a particularly generous allocation.

Sybil Resistance: To make things fair, Wormhole used sophisticated techniques to filter out likely bad actors, making sure genuine users benefit most.

Get Ready & Stay Informed

The $W token airdrop and the launch of Wormhole's governance framework promise exciting opportunities to shape the future of cross-chain bridging. As we approach April 3rd, 2024, stay tuned for an in-depth technical report on Wormhole's anti-Sybil techniques and more updates on the claim process!

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