Hey All,
Have you following the project Evmos Domains. If not then let me just try to explain - What Evmos Domains is all about? The project lets you to register your own human-readable .evmos domain names that links to the address on the Evmos Blockchain.
Lets take an example now - Visit the Evmos Domains App to register a domain to link back to your wallet address. On the page enter the name of your choice and in this example of ours, I have my Evmos wallet register to the name healthdear.evmos for 3 Years..
Therefore, healthdear.evmos belong to me and if I don't renew it in 2025 I may my domain name Healdear.evmos and someone else can take this domain name on the Evmos blockchain. Its that simple.
Each Evmos domain can be used for decentralized web hosting with IPFS with a content hash record and evmos.link
Now that we have some understanding about the project - Evmos Domains - Lets have a look at the $EVD Airdrop and Eligibility details..
$EVD - Airdrop & Eligibility...
$EVD token is the Evmos Domains Governance Token and will be used to vote on the future direction of Evmos Domains and grant funding to various ecosystem, contributions to the project development using the treasury $EVD fund.
Total Supply - $EVD - 10 Mil
Snapshot date: September 28th 2022
Distribution date: October 1st 2022
Airdrop Distribution details::
- 40% of total supply [4 Mil.] will be distributed over 3 airdrops
- 40% of total supply [4 Mil.] liquidity farming on Diffusion over 2 years
- 20% [2 Mil] treasury allocated fund + plus any unclaimed $EVD Airdrop
The 40% i.e. 4 Mil $EVD Airdrop happens in 3 phases and the first Airdrop snapshot is taken on 28th September and $EVD is distributed on 1st October 2022. Here is the quick snippet to the First Airdrop break-up details::
- Domain Holders (40%) - distributed to domain NFT holders
- Registrants (20%) — distributed to accounts that directly register on Evmos Domains
- OrbitalApes (10%) — distributed to buyers and sellers of domains on OrbitMarket & NFT holders
- Stakers (10%) — stakers of EVMOS (5%, 100 minimum), ATOM (2.5%, 50 minimum), and OSMO (2.5%, 200 minimum).
- Team (10%) - allocated to the Evmos Domains team
- Contributors (2.5%) - distributed to users of our Contributor’s program.
- Testnet users (2.5%) - distributed to testnet registrants.
- Discord users (5%) - distributed to active Discord users
Final notes, check the full details about the $EVD Airdrop Here Since, I have registered a domain for 3 Years makes me eligible for the $EVD Airdrop. Also, I HOLD Orbital Apes NFTs and have $EVMOS staked; therefore looking forward to a good amount of $EVD tokens Airdropped... What will matter is the token price of $EVD being traded.. My plan is to HOLD all the $EVD tokens and add LP for it to the Diffusion App and gain more $DIFF and $EVD rewards... Lets see how it churns out...
Image Courtesy:: evmos domain, app.evmos.domain
Best Regards
Posted Using LeoFinance Beta
Very cool.
Thanks for sharing.
Rehived.
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Every chain is going to have their own form of Naming service.
Why is your plan to LP it when it's very often the case that LP's lose you money because of impermanent loss that is actually permanent?
You know and I know that people are going to dump their airdrops. They always do and always will. It's quick cash and evmos hasn't been around long enough for it to guarantee that in a year people are going to want evmos domains. I haven't seen a single .evmos domain used in the wild, despite people gate-guarding them greedily right now.
Like, I noticed Google.Evmos, Apple.Evmos, Samsung.evmos got gobbled up instantly months ago. I am curious who owns those for now...
Evmos is interesting but there's like a total of maybe 6 sites people are actually using within Evmos right now. What happens when the APR goes down for staking?
I'm just hoping the merge doesn't dump on Evmos too much. Evmos came to be because ETH prices the vast majority of people out of success on that chain, unlike Cosmos, IBC and Evmos. WHich is why I have hopes for Evmos still to be a more egalitarian PoS chain.