⬇️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
Play Drop
200M
$PLAYtokens 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
$TIAon or before snapshot4500
$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):
$ATOMnetwork users (40%$PLAY)$OSMOnetwork users (30%$PLAY)$JUNOnetwork users (20%$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 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.
Treasury
400M
$PLAYlocked in the Vault treasuryto 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.
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