HomeCrypto NewsWormhole Unveils Airdrop Strategy Utilizing Witch Detection Technology: Snapshot Analysis and Distribution...

Wormhole Unveils Airdrop Strategy Utilizing Witch Detection Technology: Snapshot Analysis and Distribution Details Revealed

Published:

Wormhole announced the airdrop details on X and will use witch detection technology to screen for airdrop qualifications.

Wormhole performs a comprehensive analysis of on-chain data to examine the complete history of transactions within the multi-chain application ecosystem supported by Wormhole. The analysis involves examining ownership, clustering, and behavioral patterns of wallets that interact with the protocol as well as projects built on top of the protocol. Wormhole contributors weight each wallet based on cumulative transaction volume, time spent, consistency of on-chain activity, and other important factors.

Summary of this airdrop:

Snapshot taken: February 6, 2024 2:59 East African Time

Total number of qualified wallets: 400,000+

Total airdrop supply: 678,823,000 W, accounting for 6.78% of the total supply.

Airdrop details:

  • On-chain users: account for approximately 81% of the airdrop supply (approximately 549 million W).
  • Community groups: account for approximately 19% of the airdrop supply (approximately 129 million W).

Source

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