Neutron

You can claim $NTRN as soon as the airdrop event is live
Airdropped $NTRN will go through a 3 month vesting period
Tokens vest for 3 months, starting at the end of airdrop 2-week event

 

Updated: April 4th, 2023:

Neutron releases $NTRN Tokenomics - and $NTRN airdrop info - please see the sourced link. Some highlights:

- 1B $NTRN total supply
- 40M $NTRN or 4% to accounts with over 1 $ATOM staked on 2022–11–19
- 30M $NTRN or 3% allocated to accounts that voted on @cosmos Prop 72 regardless if its Yes/No/Abstain/ NWV

In July 2022, the Cosmos Hub community approved Prop 72, endorsing Neutron and allocating 50K $ATOM for development. To express gratitude, and ensure the Hub’s community is well represented, 70M $NTRN, or 7% of total supply will be allocated to $ATOM stakers at genesis.

- Claim: within 3 months of Neutron's launch
- Unclaimed tokens may be returned to the DAO’s Reserve
- Claimed tokens will be unlocked over a three-month period
- During the unlocking period, these tokens will generate voting power

$NTRN airdrop exclusions:
- U.S. persons, sanctioned persons and residents of sanctioned countries are not eligible to participate.
- CEX Validators: Binance, Latent Iron, Zugerselfdelegation, CEX, Coinbase, CoinoneNode, debo-validator, GAME, Huobi, Kraken, OKEx Pool, Upbit

At the time of the snapshot, Stride was offering liquid staking for $ATOM on a reasonably large scale. Stride and Neutron are working together to ensure that $stATOM stakers at the relevant block height would receive their appropriate share of the $NTRN airdrop.

Min/Max stake:

Min: $1 $ATOM. This minimum excludes ~38% of all Cosmos Hub accounts
Max: $1M $ATOM. This maximum only concerns the ~25 wealthiest accounts, yet it reduces the eligible stake by ~33%, thereby increasing the allocation to all other participants by a third

Neutron’s genesis file contains the entire supply of $NTRN tokens and a parameter that sets inflation to 0. Unless governance decides to modify this parameter in the future, no additional $NTRN tokens will be created beyond the 1B included in the genesis file.

Original post from July 27th, 2022:

Potential #airdrop may be coming to $ATOM stakers when @Neutron_org launches

- Neutron is being funded with $ATOM (50K)
- Assuming $ATOM delegators get a juicy #airdrop (per @Neutron_org team: "We are considering the airdrop, but there hasn’t been any announcement, only speculation so far.")
- Neutron will be the first Cosmos chain to be secuired by interchain security
- Tokenmoics are still being worked on but speculation is that native token will be vote escrowed type
- "The implication is that applications on the chain will have to compete to buy and lock native token so they can direct more emissions to themselves."

We'll post more information when it becomes available.

Source tweet thread:

1/13 The Cosmos Hub community recently spent 150,000 $ATOM to build a new blockchain.

It's called @Neutron_org.

So what sets it apart from other chains? Why does it cost 150,000 ATOM to build? And most importantly: wen airdrop? 🧵👇

— John Galt (@lurkaroundfind) July 23, 2022