Airdrop
We're planning an airdrop of 190,500,000 S to incentivize users of both Opera and the new Sonic chain. The airdrop will be distributed using two main approaches, Sonic Points and Sonic Gems.
User-focused airdrop points, earned by interacting with various tokens and apps on the Sonic mainnet.
Developer-focused airdrop points, earned by driving user engagement and innovation on the Sonic mainnet.
💥The airdrop will also reward historical activity on Opera, participation on Sonic Arcade, and minters of the exclusive Shard NFT.💥
Distribution
The S token airdrop includes a linear decay mechanism to tackle the challenges of an airdrop on an active chain. This approach helps prevent sudden large changes in the circulating supply of S by gradually reducing and burning tokens over time.
On the first day of the S airdrop, 25% of a user's token allocation becomes available immediately. The remaining 75% is vested over 270 days as NFT positions; users can choose to claim these tokens early, but doing so incurs a penalty, with a portion of their airdrop allocation burned.
This unique burn factor motivates recipients to increase their on-chain activity while waiting for their ideal time to claim the remainder of their airdrop. It also penalizes those who decide to claim their airdrop before it fully matures by burning a portion of their tokens. For users who prefer not to wait or participate, there will be a speculative NFT marketplace where they can trade their airdrop allocation.
The chart below illustrates how many tokens will be burned based on when users choose to claim their remaining airdrop.
Burn Amount and Examples
0–30 100%–88.9%
31–60 88.9%–77.8%
61–90 77.8%–66.7%
91–120 66.7%–55.6%
121–150 55.6%–44.4%
151–180 44.4%–33.4%
180–210 33.4%–22.3%
211–240 22.3%–11.2%
241–270 11.2%–0%
Example B: Bob earns 10,000 S in the Sonic airdrop. Bob can claim his 25% liquid allocation at any time and receive 2,500 S. Bob is excited to use his S in the ecosystem and decides he would like all of his eligible airdrop allocation after day 30. Bob claims again (the final 75% portion), receiving 1,110 S and burning 6,667.5 S (88.9% of the final portion).
Data Collection
We have engaged OpenBlock and Sentio to manage and oversee our points and airdrop designs through data-backed decision-making.
OpenBlock’s data-driven incentive modeling platform powers over $2B in annual incentive spend and has been a leading provider of rewards design and efficacy analysis for leading protocols in the space including EigenLayer, Lido, Linea, Mode, Arbitrum, Solana, Sui, and many others. To initiate and sustain its ecosystem, Sonic will utilize OpenBlock’s incentive modeling frameworks, ensuring continuous and balanced growth for all actors in the system.
Sentio is an industry-leading indexing service that aids in streamlining continuous point tracking, helping retrieve historical states of all user positions to update user points upon every interaction. With its high-performance database infrastructure, engineered to handle queries at unprecedented speeds, Sentio enables the onboarding of tens of thousands of new users easily and efficiently.
Legal Provisions
As part of the Sonic Foundation’s research and commitment to this airdrop, we have sought legal opinions to ensure its success.
The program will likely need to exclude any sanctioned country or person including all those who are citizens or residents of or residing in (the “Restricted Countries”): Belarus, Burundi, Central African Republic, Congo, Cuba, DPRK (North Korea), Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mali, Myanmar (Burma), Republic of South Sudan, Russia, Somalia, Sudan, Syria, United States of America, Ukraine, the Crimea, Donetsk, and Luhansk regions of Ukraine, Venezuela, Yemen, or Zimbabwe.
These potential provisions may include:
- Geoblocking: Implementing geo-blocking measures for all restricted countries
- Self-declaration: Requiring participants to say they are not from one of the restricted countries
- Discretionary exclusion: The Sonic Foundation reserves the right to exclude any wallet address at its sole discretion
There will be a comprehensive set of terms and conditions provided at the program’s launch.
Learn more about Sonic in their documents here.
