Streamflow Launches $STREAM Airdrop Eligibility Checker

Streamflow Foundation, the entity steering the Streamflow protocol, has unveiled the $STREAM airdrop eligibility checker ahead of its token launch on December 17th, 2024.

The airdrop will distribute 10% of the total token supply as retroactive rewards for users and community contributors. This move follows a growing trend in the crypto space, with projects establishing foundations to streamline token distribution and mitigate regulatory concerns, particularly in jurisdictions like the US.

Who Qualifies for the $STREAM Airdrop?

Eligibility for the $STREAM airdrop extends to approximately 100,000 addresses, determined through a formula rewarding active participants in Streamflow’s ecosystem over the past three years. Key criteria include contributions to protocol revenue, TVL (total value locked), and economic activity. Bonus recipients include Odyssey mission participants, content creators, Superteam members, and past campaign contributors.

The airdrop also features a Dynamic Vesting mechanism, allowing claimants to stake their initial allocation and unlock up to 4x additional rewards tied to token performance. Only 20% of the airdrop allocation will be available for immediate claiming at launch, with the remaining 80% distributed dynamically to encourage long-term engagement and align community incentives.

$STREAM Tokenomics: A Summary

Announced on December 1st, the $STREAM tokenomics allocates 70% of the total supply to ecosystem and community growth, while 30% is reserved for team members and early investors. The team and investors face long-term lockups, emphasizing commitment.

Ecosystem growth allocations are strategically managed by the non-profit Streamflow Foundation to foster adoption.

Vested Airdrops: A Growing Trend

Streamflow’s strategy reflects an emerging norm in Solana’s ecosystem, where vested airdrops are used to align incentives and mitigate sell pressure. Recent examples, such as Sanctum’s $CLOUD and Zeta Markets’ $ZETA, highlight the industry’s shift toward sustainable token economies. It will be interesting to see if this strategy sustains the token price of $STREAM.

Streamflow’s $STREAM token launch will also feature a pre-launch Alpha Vault with Bonk Live on December 16th.