Key Points:
- Pyth Network’s airdrop spans 27 blockchains and involves over 200 decentralized applications.
- Up to 6% of the total supply of PYTH tokens will be allocated to the distribution, with over 75,000 wallets expected to be eligible.
- Users can already check their eligibility for the Pyth Network airdrop.
An Airdrop with Over 600 Million Tokens
After the Celestia airdrop, Pyth Network is now attracting attention with its ‘inter-chain’ crypto airdrop. It involves a large-scale distribution of PYTH tokens across 27 blockchains (Solana, Aptos, Sui, Cosmos, etc.) and over 200 decentralized applications (dApps).
In total, this airdrop represents over 600 million PYTH tokens (6% of the total supply), and approximately 75,000 digital wallets will be eligible.
According to the recent announcement by Pyth Network, this airdrop aims to reward active members of the crypto community as a whole, including:
- Users of certain DeFi applications
- Members with a certain rank on Pyth Network’s Discord server
- Users who have ‘received and held’ native NFTs from Pyth Network
- Members who have contributed to the development of oracles on the network.
“The goal of Pyth Network’s Retrospective Airdrop Program is to stimulate on-chain governance participation and to bring Pyth Network to a state of permissionless, decentralized, and autonomous network.”.
– Pyth Network statement
If you want to learn more about how Pyth Network works: https://coinacademy.fr/dossier/pyth-network-v2-oracles-blockchain/
How to Verify Your Eligibility for the Pyth Network Airdrop
Although the snapshot has already taken place, the date for participants to claim their allocations has not yet been announced. However, you can already check your eligibility by visiting this page: https://airdrop.pyth.network/review-eligibility
For those who are not familiar with this type of process, please follow the guide below:
Once you are on the page, click on the ‘Proceed’ tab.
Then select the networks on which you have been active in the past few months (related to the Pyth ecosystem), and indicate whether or not you are an active member on Pyth’s Discord.
Finally, you will need to connect the wallet(s) you have used to interact with the Pyth ecosystem.
Once done, you will be able to see the tokens that are eligible for the Pyth Network airdrop.
