The launch of our protocol would not have been possible without the cumulative effort of thousands of community members that have continued to contribute to our growth.
Starting with our genesis during Gitcoin Kernel, continuing through a year of iteration and community feedback, and bringing us to our current launch alongside early adopters and liquidity providers, we owe an enormous debt to the community that has gotten us to where we are today.
As a way to ensure these community members are represented in our governance, SWIV tokens have been retroactively allocated to these community members based on their proportional contribution.
~4.5% of our token supply will be distributed across:
- 0.5% Guarded Mainnet Lenders
- 1% Verified Community Contributors (Verified Feedback & Content)
- 1% Gitcoin Kernel Alumni & Mentors
- 2% Compound, Aave, FEIRari (Fei + Rari) & Gitcoin On-Chain Governance Participants
A full list of all currently recorded addresses is available here:
SWIV has been allocated to historical users of our guarded mainnet based on a snapshot ending 2–08, 2022, at 08:00:00 UTC. Additional allocation tiers depend on a number of qualifying contributions (described above) since our inception.
To claim SWIV, historical users and contributors must first meet progressive milestones to unlock their rewards.
For every $2,500 traded (in notional value), 100 SWIV tokens are unlocked for distribution. Rewards will be distributed with the completion of our first liquidity incentive epoch on 3–10.
For more information, stay tuned for a follow up post as mainnet launches!
In line with restrictions on the availability of SWIV in the United States, retroactive mining may not be available to users located in, or incorporated or otherwise established in, or a resident of, the United States or any other prohibited jurisdiction. Any accounts that were clearly associated with bot activity speculating on a future airdrop are also excluded from retroactive rewards. Any displayed rewards on a testnet or before 2–10 are not representative of claimable tokens.