$HARBOR Airdrop Guide

Stakers and Liquidity providers of the eligible chains and pools can head over to https://app.harborprotocol.one/more/airdrop to check their $HARBOR and $veHARBOR airdrop allocations. Users can check their eligibility from NOW, and the airdrop will be claimable from 5th December 2022 onwards.

The airdrop is divided into two parts:

  • The first 20% is airdropped in the form of $HARBOR tokens to enable users to take part in the governance and working of the Harbor Protocol.
  • The remaining 80% of the tokens are airdropped in the form of $veHARBOR, having a lock-in period of 4 months, which will start upon completing tasks.

Criteria for allocation of airdrop across multiple chains and pools are as follow:

For Stakers: Wallets with tokens worth $250 or more staked (Only for the CMDX chain, the minimum criteria was $1) on the eligible chains as per the snapshot date (i.e., 24th October 2022) have been distributed the airdrop. Balances that were vesting or unbonding at the time of the snapshot do not qualify for the airdrop. Only non-custodial wallets are eligible for the airdrop.

For Liquidity Providers: All Liquidity Providers have been allocated Harbor tokens based on the ratio of their LP tokens to the Total LP tokens in the pool. Any Liquidity Provider greater than $1 is eligible for the airdrop.

The Whale cap across each chain is kept at 50,000 HARBOR tokens.

The following is the list of chains and pools that are eligible for the airdrop:
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  • For Staked assets greater than $250:
    Harbor airdrop = Chain multiplier * Sqrt (Staked assets); the Chain multiplier for each individual chain is different.
  • For Staked assets greater than $1,000,000:
    Harbor airdrop = 50,000
  • For LP pools:
    Harbor airdrop = (Individual LP token/ Total LP tokens in the pool)* Harbor allocated to the pool

Steps to check Eligibility and Claim Airdrop:

  • Users can go to the Harbor Protocol website and find the Airdrop section under the “More” tab.
  • Users can check if they are eligible for the airdrop by clicking on the check eligibility button below the 16 chains & pools (which gives the cumulative Harbor for those chains and pools) as well as by clicking on the eligibility button, which pops out on clicking the logo of the individual magic txn chains (which gives individual Harbor allocation for these magic txn chains).
  • User will get their 20% of $HARBOR tokens in their comdex address on connecting the wallet to the Airdrop website.
  • The remaining 80% will be distributed in the form of veHARBOR, which can be claimed only after completing the missions on the Airdrop page. These veHarbor tokens will have a lock-in period of 4 months.
  • Magic Transactions- For chains like Luna, Evmos, Injective, etc., users will have to perform a Magic transaction. If a user has staked Luna & Evmos and is eligible for the airdrop as per the criteria, then he will need to perform the magic transaction twice to receive his airdrop across both chains. On clicking the Logo of that particular chain under the Magic transaction, a popup will appear. Users are then required to enter their Luna address in the chain address and enter their Comdex address in the Memo and perform a similar action for Evmos as well. Once our team receives the Comdex chain address, we will allocate these tokens to you.
  • For all other pools and chains which are not listed under the Magic transaction, users will receive their Harbor and veHarbor airdrop in their Comdex wallets. To claim their veHarbor, they will need to complete the tasks as mentioned below.

Users are required to perform the following tasks once, which can be seen under the Missions page:

  • Vote on any proposal on the Harbor Protocol.
  • Mint CMST on Harbor using any collateral.
  • Lend CMST on the Commodo platform.
  • LP on ATOM/CMDX pool on Cswap (min duration 1 epoch).