Grass, a decentralized finance project, has launched an eligibility checker to help users prepare for its upcoming airdrop of GRASS tokens. For the uninitiated: the airdrop will distribute 10% of the total supply of 1 billion GRASS coins. Users can use the eligibility checker to verify if they qualify for the airdrop based on their participation in different project phases.
Grass Coin Airdrop Eligibility and Allocation Details
The eligibility checker shows user allocations from the Closed Alpha phase and Epochs 1-7. It does not yet include the ongoing Bonus Epoch allocations or future allocations. Grass advises users to check their eligibility and link their wallets before the cut-off date. After this date, Grass users cannot change their wallet information until the airdrop ends.
The airdrop will distribute 1.5% of the supply to Closed Alpha participants, 7% to Epochs 1-7 participants, 0.5% for the Bonus Epoch, and 1% for future allocations. Grass has over 2 million active users globally, making this a significant event in the Solana ecosystem. Rewards will depend on participation levels, with long-term contributors possibly receiving more.
The Grass Foundation states that claims are not live yet and warns users about potential scams ahead of the airdrop. Users should verify all information through official channels. The foundation has created a Discord channel where users can report suspicious activities and phishing attempts.
GRASS Token Listing Expected in Q4 2024
Following the airdrop, the GRASS token is expected to be listed on cryptocurrency exchanges in Q4 of this year. This planned listing follows a successful funding round where Grass raised $4.5 million from investors, including Polychain Capital and Tribe Capital.
Frequently Asked Questions (FAQs)
You can check your eligibility using the eligibility checker on the Grass Foundation’s website. The checker currently shows allocations for Closed Alpha and Epochs 1-7.
To participate, register on the Grass platform, download the extension, and connect your wallet. You can earn points by staying active, which determines your token allocation.
The value will depend on market conditions post-listing. Grass raised $4.5 million from investors, indicating growth potential.
Grass expects to list the GRASS coin on major exchanges in Q4 2024.
