Today marks the launch of the Pyth Network airdrop program. This airdrop is a cross-chain program and a reward for those who have contributed to the Pyth oracle ecosystem.CommunityExpress deep gratitude.

Python NetworkCommunityMembers, their contributions to the oracle network, including 27 using Python dataBlockchainApplications on , as well as individual users of these applications, are eligible to participate in this airdrop program.

Readers can use thisAirdrop Check Pageand connect theirwalletto check their eligibility and assigned PYTH Tokenquantity.

Please note that the date for eligible participants to claim their airdrop allocation has not yet been announced as of November 1, 2023. You can follow the official Pyth Network social channels for updates.

This is the largest cross-chain, user-oriented airdrop program in the Web3 and DeFi space that we know of. More than 75,000walletwill be eligible according to theirBlockchainand 200+ decentralized applications to receive PYTH for on-chain activity Token.

This blog post will provide details on the airdrop program and who will qualify to receive an allocation. More details on how eligible individuals and dApps using Pyth data can claim their allocation will be released soon.

About Airdrop

The purpose of the Pyth Network retroactive airdrop program is to incentivize participation in on-chain governance and lead the Pyth Network towards a permissionless, decentralized, and self-sustainable mainnet state.

As in PYTH Token Economics ArticleAs discussed in , the general purpose of token-led governance is to allow the broader community to help shape the development of the protocol. Pyth Network White Paper 2.0 Learn more about Python governance in the Governance section.

The PYTH tokens allocated for this airdrop come from “Community and Startup”. Up to 6% (600 million PYTH tokens) of the total supply can be distributed to eligible participants, including 100,000,000 PYTH tokens for dApps, 200,000,000 PYTH tokens for on-chain activities of DeFi participants, and 10,000,000 PYTH tokens for active community members.

The PYTH token complies with the Solana Programming Library (SPL) standard, which means it is a Solana BlockchainThe native token on .

Eligibility Criteria

Eligibility for the Pyth Network airdrop program is based on contributions to the Pyth Network ecosystem and use of the Pyth oracle.

If you participate in any of the following ways, you may be eligible for an airdrop allocation:

A snapshot of on-chain and social activity has been completed. Readers can use thisAirdrop Check Page并连接他们的钱包来检查他们的资格。

Rest assured that there will be opportunities to participate in the network in the future. We sincerely thank the community for their contributions. You canHereLearn more about the Python Network community.

Eligibility Criteria Details

DeFi Participants - If you areBlockchainEcosystem using Pyth Network data dApp By performing on-chain activities, you may be eligible for airdrop allocations:

Community Members - If you have one of the following official Discord identities, hold one of the following official Pyth Network NFTs, or have performed well as a member of the Pyth Network Ambassador Program, you may be eligible for an airdrop allocation.

NOTE: A global snapshot has already been taken. Transferring Pyth Network NFTs or acquiring new official Discord characters does not make new wallets eligible.

Dapps using Python data - Dapp teams and DAO Details of how to check their allocation will be announced in due course.

Details on how to claim the airdrop

As of November 1, 2023, there has been no announcement regarding how eligible individuals or dApps will claim their airdrop allocation. Further updates will be released through the official Pyth Network social channels. If you have any questions, you can visit the official Pyth Network Discord and Telegram.

Determine eligibility criteria

Users of decentralized applications on Python-powered blockchains are eligible to receive allocations based on their on-chain activity. Their interactions with dApps on the blockchain have been analyzed and the amounts allocated are as follows:

All wallets that interact on-chain with Pyth Network price dataXiaobai NavigationAfter applying Anti-Sybil techniques and removing blacklisted wallets, the remaining wallets are ranked by the number of interactions per chain.

Each chain was divided into three similarly sized parts, and then the parts with similar indices on each chain were merged to produce three overall user blocks. The total allocation was divided into these parts as follows: 55% was allocated to the first third of users, 30% was allocated to the middle third of users, and 15% was allocated to the last third of users.

You can Airdrop Eligibility and Distribution Learn more about on-chain interactions and community activity calculations in the article.

Safetyremind

Readers are strongly advised to be cautious and beware of potential scams. Please ensure that any webpage you visit related to Pyth Network has the pyth.network domain. Likewise, please verify that any Pyth Network social media channels you visit are listed onOfficial CommunityThe administrators of the Pyth Network community will not contact you or ask you to provide personal information.

We can’t wait to hear your ideas! Feel free to join us on Pyth Discord and Telegram, follow Pyth X You can also learn more about Python here.hereFind details about Pyth's bug bounty.

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The purpose of the Pyth Network retroactive airdrop program is to incentivize participation in on-chain governance and lead the Pyth Network to a permissionless, decentralized, and self-sustainable mainnet state. Today marks the unveiling of the Pyth Network airdrop program. The airdrop is a cross-chain program and a reward for those who have contributed to the Pyth oracle ecosystem…