Introducing the Snodrop Event for Blizzard.finance Supporters simplified

In response to input from third-parties, Mr Minded NFT holders, and other protocol users, we have streamlined and revised the requirements for the drop. As one of the teams contributing to a community-driven protocol without VC involvement, we highly value feedback like this and adapt our approach to ensure the collective will of the community is effectively carried out. This time we are confident this revised snodrop is simpler and has the balance needed to achive our collective goals of seeing Blizzard be the success we want to see. Thank you to everyone who spoke up!

Get ready to chill, Snoballs! We’re thrilled to unveil the Snodrop Airdrop event, exclusively crafted for our dedicated supporters at Blizzard.finance. Grab your snow gear and let’s dive into all the frosty details you need to know to join this icy extravaganza!

Details

• Snodrop Amount: 2,000,000 SNO (4.762% of Supply)
• Max addresses for drop: 25,000
• Max Snodrop Per Address : 80
• LP at least $20 worth of coins to each qualified pool, between Aug 10th - Nov 10th 2023.
• Delegate at least 200 $SCRT to a qualified validator between Aug 10th - Nov 10th 2023.

Note : Snapshot window for delegating starts between May 10th and Aug 10th, but LP snapshots are based on a snapshot of the price for the assets on Aug 10, 2023, and LP no less than that amount specified between Aug 10th - Nov 10th 2023. Redelegating to a qualified validator ASAP is ideal if you want to ensure you qualify, but to ensure we limit people who can manipulate the airdrop, we cannot be more specific than this.

Qualified Pools to LP to

• saBTC/saETH/saUSDC
• saWBTC/sSCRT
• saUSDC/saUSDT
• stkd-SCRT/sSCRT
• (Upcoming $SNO pool)

Eligible Validators

To qualify for the Snodrop, you must be delegating to an eligible validator. Eligible validators are determined at our sole discretion and include those who have supported Blizzard.finance in one or more of the following ways:

• Collaborating on custom 1 of 1 NFTs for the upcoming Steer collection
• Working with us on the secret.express API, powering Blizzard.finance
• Serving as a quality relayer, connecting Secret Network to other Cosmos chains
• Running a validator with a project listed on Blizzard.finance
• Contributing to Blizzard development
• Core affiliation with a coin listing on Blizzard.finance

Current Eligible Secret Network Validators

Blizzard.finance, Consensus One, Trivium, Secret Saturn, SecretSauce, Lavender.Five, StarShell, Quiet Monkey Mind, Secret Jupiter, Secret Network Africa, Fina.cash, Cryptocrew, Stakelab, Obi, FreshSCRTs, agoranodes, 🅲🅾️🆆 🅻🅴🆅🅴🅻 🐮

Validators Pending Eligibility

Amber Nodes: AmberDAO, Nodevine, Lotus

Qualified Delegators & LPs

To qualify for the Snodrop as a delegator, follow these steps:

1. Delegate: Delegate 200 $SCRT to a qualified validator for the entire period between Aug 10th - Nov 10th, 2023. Additionally, you must have delegated to them by the secret snapshot date between May 10th and Aug 10th 2023.
2. Liquidity Provision: Be among the first 25,000 eligible addresses to provide $20 liquidity to each qualified pool on Aug 10th, 2023 when the snapshots start.
3. Maintain Delegation: Ensure that your delegated amount of SCRT stays at or above 200 $SCRT between Aug 10th - Nov 10th, 2023. Any bond changes that bring you below 200 SCRT staked will disqualify you.
4. Sustain Liquidity: Keep at least $20 liquidity to each qualified pool between Aug 10th - Nov 10th, 2023.

The exact start of the LP snapshot will be confirmed in an announcement on Aug 10, 2023.

Get frosty with the Snodrop event and support validators who are helping make Blizzard a success. Happy trading!

Notes

1. Airdrops can be claimed after Nov 10th 2023, the exact claim time will be announced in the future.
2. In the event there is any unclaimed airdrops 4 months after claims start, the remainder amount will go to the UIF allocation for the protocol.
3. We reserve the right to disqualify delegators who attempt to game the airdrop, and we will through various methods we will not define in this post.
4. All $SNO will not be unlocked at once for the drops.

Disclaimer: This post is for general informational purposes only and is not intended as investment advice. Readers should be cautious and conduct their own research before making any decisions related to this post. Secret LLC is not granting anything, and getting $SNO from the snodrop merely represents getting $SNO directly from the protocol.