πŸš€IDOs and Airdrops

Eclipse Pad launch will be comprised of an IDO on Eclipse Pad, IDOs on cross-chain platforms, as well as a strategic airdrop to certain communities. The dates are still TBD as a few pieces need to align, as well as sufficient build up to launch.

Eclipse Pad will be able to run without the $ECLIP token to begin with, perform launches and showcase a working product before introducing the token, staking and tier system.

The sequence of distribution will be Airdrop (as NFTs but tokens will not claimable until token generation event), then IDOs on multiple platforms, then token generation event where the staking will also be introduced.

Airdrop

We wanted to be very specific and targeted with the airdrop. We have watched and seen both the usefulness and downfalls of airdrops inside the Cosmos, and wanted to play it a little differently.

A part of this is having a portion of the airdrop go towards certain communities outside of the Cosmos, as it is a big mission of ours to bring new users into the ecosystem. This is a part of knocking over that domino.

The biggest portion will go towards communities inside the Cosmos ecosystem to provide value to the community and rally quality investors around the platform. This airdrop will be a fairdrop and to ensure we avoid launch dump pressure and attract the most engaged investors we are using the current framework for the airdrop:

  • Targeted with certain parameters to the most active in each community. This will be different for each community and be announced shorty with snapshots. This ensures we target quality users, avoid sybil/gaming and ensure the airdrop is a decent size for those receiving it.

  • Airdrop will be vested over 6 months through an NFT, this removes the risk of launch dump pressure and thanks to the tradeable NFT, users who want to sell early will be able to list the NFT on the secondary market. See Eclipse NFTs.

  • Action based: The airdrop will be split into 5 parts, each requires an action to claim the specific portion, each of these involves different uses on the platform. This will help users learn about Eclipse Pad and it's functions. We will elaborate on these actions below.

Action Claiming

The action steps will be laid out on a page similar to the one Stargaze uses. Each action will have a task and a claim button. When eligible and the action is performed, the claim button will become available. When claiming you will receive an NFT which holds and vested the attached tokens.

Below are the actions and portions of the airdrop attributed to each action:

  • Set up Wallet, follow on Twitter and Claim NFT (10% of the drop)

  • Participate in testnet IDO: Free testnet $ECLIP claim, stake, whitelist, IDO, claim tokens (30% of the drop)

  • Purchase $ECLIP tokens through platform: token swaps, Kado or 0xsquid onramp (20% of the drop)

  • Stake some $ECLIP on platform (20% of the drop)

  • Farm $ECLIP using the one-click function on the platform (20% of the drop)

Dragon Ballsss

Eligible Communities

Last updated