⬇️Initial Distribution

At launch we distribute $PLAY to users and protocols we believe are likeliest to contribute to our mission to become the liquidity base layer of the Celestia ecosystem.

The total supply of $PLAY token to every exist is 1 Billion Tokens

Community

Play Drop

• 200M $PLAY tokens will be distributed to the people who have played the biggest role in incubating TIA and those likeliest to contribute to its long-term success, including:

TIA Nation (2M $PLAY):

• Staked minimum of 50 $TIA on or before snapshot

• 4500 $PLAY/ wallet (minimum) — Addresses with a daily transaction on Celestia chain for 7 consecutive days upon Celestia Block 0 and November 24th @ 23:59 UTC.

IBC DeFi users (2M $PLAY):

• $ATOM network users (40% $PLAY)

• $OSMO network users (30% $PLAY)

• $JUNO network users (20% $PLAY)

Bonus: (10% $PLAY)

• Addresses staked or provided liquidity in OSMOSIS

• Users using Osmosis

Layer 2 Crosschain (50M $PLAY) (updated)

Optimism (2M $PLAY)

• Received the OP Launch drop

• Active delegator

• Active voter

Arbitrum (2M $PLAY)

• Received ARB Launch drop

• Active delegator

• Active voter

Protocols Building on either of the chains (48M $PLAY)

• Existing Protocols

• Newly launched Protocols

• Developers who have contributed to public repos or participated in highly ranked hackertons.

Partner

Partner Protocols

The airdrop of 100M $PLAY is aimed at attracting and engaging 8-12 protocols most likely to contribute to PLAY and Celestia long-term success.

The amount of $PLAY airdropped will provide just enough space for the protocols to accrue value by acquiring $PLAY for long-term liquidity provision.

Each protocol will be analyzed and the amount of $PLAYallocated will be proportional to the contribution in various terms made to our protocol.

Grants

Grants

We have reserved 100M $PLAYto distribute to partner protocols after the launch. This will be used to engage partners in the ecosystem through grants.

Team

Team

The total team allocation is 100M in $PLAY . The team will receive an initial allocation will be vested for 12 months.

The team vesting compensation breakdown:

• 1M$PLAY 6-month lock

• 1M$PLAY 12-month lock

• 1M$PLAY 24-month lock

Liquidity

Liquidity Incentive

Genesis Pools will distribute 100M$PLAYemissions to liquidity providers of foundational token pairs(ie PLAY/USDC, PLAY/TIA, PLAY/ATOM, PLAY/OSMO, PLAY/JUNO).

Treasury

Treasury

• 400M $PLAY locked in the Vault treasury

• to be controlled via a 100% transparent governance model

Snapshot 1 (taken)

• Celestia Block 0 and November 24th @ 23:59 UTC

Snapshot 2 (ongoing)

Criteria

• Have a minimum of 10+ interactions on celestia network

• Active wallet with minimum balance of 5 $TIA

• Staked at least $20 worth of $TIA (due to price fluctuation we take average $TIA price at $5.5). Snapshot date 2-12-23 @ 23:59 UTC

Note: The eligibility criteria for the final round will be updated and further instructions about claim procedures will be announced.