WYND Airdrop Review: Claim Free WYND Tokens

About WYND Airdrop

WYND Airdrop will leverage blockchain protocols to protect and regenerate the world’s ecosystems. WYND uses technology to bring awareness and visibility to all humans about their surrounding environment and put a proper value on it.

They provide a platform to make them active contributors, not just limited to the scope of WYND or any one organization, but in the immense size of life itself. They seek to achieve harmony between nature and technology while rewarding everyone who has put their skin in the game in any form under this belief system.

WYND Airdrop is airdropping 65% of the total supply to Juno, Osmosis and Regen stakers and validators. The snapshots of Osmosis and Regen were taken on May 5, 2022 and the snapshot of Juno was taken on May 6th, 2022. Eligible users have until August 31st, 2022 to claim the airdrop.

Step-by-Step Guide:

1. Visit the WYND airdrop claim page.
2. Connect your Keplr wallet.
3. If you’re eligible, then you will be able to claim free WYND tokens.
4. Validators and stakers of Juno, Osmosis and Regen are eligible to claim the airdrop.
5. The snapshots of Osmosis and Regen were taken on May 5, 2022 and the snapshot of Juno was taken on May 6th, 2022.
6. Eligible users have until August 31st, 2022 to claim the airdrop else the unclaimed tokens will be “clawed back” and sent to the WYND DAO community pool.
7. There will also be a future airdrop to LUNA stakers.
8. For more information regarding the airdrop, see this page.

Revolutionary!

WYND Airdrop sees the potential of blockchain technologies to engender new forms of large-scale collaboration toward positive, life-affirming futures. Cryptoeconomics and mechanism design allow projects to create new competitive games with different emergent behavior than market economies. DAOs are in their infancy, but have already shown great potential enabling large groups with a common purpose to quickly form and take collective action.

Wynd uses technology to bring awareness and visibility to all humans about their surrounding environment and put true value on it. They provide a platform to make them an active contributor, not just limited to the scope of WYND or any one organization, but in the immense scope of life itself. We seek to achieve harmony between nature and technology while rewarding everyone who has put their skin in the game in any form under this belief system.

WYND DAO and Governance

In the initial phase, all work deployment be done by the WYND Airdrop Foundation, which will also manage the contracts. This work will be handled by a five-member multisig designed to incubate the DAO until it is entirely up and running.

Shortly after the airdrop, they plan to launch a token-weighted governance contract, which will constitute the basis of the DAO. It will use a modified version of Curve’s veCRV design, such that people may bond their $WYND tokens for different lengths of time, and the longer the tokens are staked for, the more voting power they have (reflecting commitment).

Once the WYND DAO is established with significant participation, the WYND Foundation will hand over control of the WYND token contract (allowing it to mint according to the pre-defined schedule (see section 2.3). The clawed back unclaimed airdrop tokens will also be sent to a “community pool” governed by the WYND DAO.

$WYND Token

The foundational layer of the project is the $WYND token, which is minted by the protocol. This token will serve as a governance token for the WYND DAO.

While designing the tokenomics, they spent time making this token sustainable, both environmentally and financially. We do not want to repeat the mistakes of Klima DAO, which tried to contribute to the environment while replicating Olympus DAO’s Ponzi-omics. (Look at one-year graphs to see what they mean).

Instead, they would “slowly” grow 3x over one year, then make a 100x in 2 months to lose it all in the following two months. They feel OSMO and JUNO are better models of a growth curve to aim for.

They accomplish this by providing real value to the WYND DAO (governance backed by real projects, which drive long-term value) and slowly increasing the liquidity via vesting rather than a massive dump of liquid tokens. They also feel 3-digit APRs are inherently unsustainable, and the WYND DAO will focus on longer-term incentives for HODLers, not for yield farmers.

$WYND Fairdrop

WYND Airdrop have seen the drama on some chains when dealing with the consequences of gamed airdrops. They did not release any details of how the calculation was performed until after the snapshot.

They are doing best to make this distribution “fair”. Not just by releasing 65% of the tokens to the general public but also in how They select the participants. They will seek to exclude any accounts tied to centralized exchanges and only grant to people who possess their tokens.

Goals of Airdrop

Cosmos has many chains and many active contributors in many different forms. They wish to invite as many of them as possible to participate in the birth of the WYND DAO. They have looked at many other airdrops and are doing our best to learn from their successes and failures. One notable item is to avoid people looking to “game the system” and quickly dump any airdropped tokens. For this reason, all airdropped tokens will be vesting, meaning that they can be used for voting and staking from day one, but it will take a full year until they can all be freely transferred and sold.

WYND Environmental Data & Oracles Service

WYND is committed to bringing visibility to the environmental conditions by bringing the correct data to measure the current state appropriately. To achieve this, WYND is actively building data services for fetching orbital (satellites) as well ground-based data from communities, organizations, and volunteers.