$HAT Airdrop

Starting on July 25th, 2024, at 7 pm UTC, our long-awaited $HAT treasure vault will be live and available for claiming. 5% of our total $HAT token supply will be airdropped to our dedicated community members. This claim period will run until October 25th, 2024, when unclaimed tokens will be returned to the DAO.

Who’s Eligible?

Here’s a breakdown of the groups eligible for the airdrop and what actions make you qualify:

  • Crow NFT Holders: Recipients of the Hats “Crow” NFT (1st airdrop only).

  • Committee Members: Members of bug bounty committees (1st airdrop only).

  • Depositors: Individuals who have deposited into Hats vaults (1st airdrop only).

  • “Super Coder” NFT Holders: Recipients of the Hats “Super Coder” NFT (1st airdrop only).

  • Hats Early Supporters: Recognized early supporters of Hats (1st airdrop only).

  • Security Payout Participants: Depositors into audit competitions or bug bounty vaults with payouts issued before July 2nd.

  • Security Researchers: Recipients of payouts from audits or bug bounty programs before July 2nd.

  • Security Content Creators: Creators of approved content for Hats before July 2nd.

  • Hat Hunters Treasure Hunt Participants: Users of TaskOn, Galxe, and Warpcast who participated before the snapshot.

  • Monad Community: Top whitelisted contributors for the Monad airdrop.

Please note that team members are unable to advise whether you are specifically eligible for an airdrop over community channels, as we need to understand your full history of transactions with Hats Finance. Please wait for the airdrop checker to be released.

Airdrop Allocation

The $HAT token allocation will differ across these groups, with each airdrop vested over three months. The eligible members will get 33% unlocked right on the Token Generation Event day.

Disclaimer:

If you miss the deadline to claim your airdrop, your unclaimed $HAT tokens will be returned to the DAO (Decentralized Autonomous Organization). This means you will lose the opportunity to benefit from your allotted tokens. Be sure to act promptly to secure your share and take advantage of all the rewards and opportunities within the Hats Finance ecosystem.

How to Claim Your $HAT Tokens

  1. Visit Hats Finance Dapp: Go to the official Hats Finance Dapp on July 25th, 2024.

  2. Connect Your Wallet: Make sure your wallet is securely connected to the platform using the same wallet you used before to interact with the Hats Finance app.

  3. Check Eligibility: Press “Use connected wallet” or paste your wallet address in the “Check Your Eligibility” box and press the “Check Eligibility” button to see if you qualify for the airdrop. If you have used multiple wallets with the Hats Finance app, you can check those addresses, too. Click “Check Eligibility” to go to the next page.

  4. Claim Tokens: If you are eligible, your designated airdrops will be displayed on the page. You may qualify for one or both of the following airdrops:

    • Immediate Airdrop: Tokens available for instant claim.

    • Linearly Released Airdrop: Tokens released over a specified period.

To begin the claim process, press the Redeem button. Please note that your tokens will gradually become available for linearly released airdrops according to the specified schedule.

  1. Answer Quiz: Complete a simple quiz to show your dedication to Hats Finance and its commitment to Decentralized Security in Web 3.0.

  2. Choose Your Delegate: A delegate is an elected member of the Hats community who will vote on your behalf in governance votes. This means they represent your interests in decision-making and security for the Hats Finance ecosystem. You can either choose a listed delegate or list yourself as one.

  3. Claim Now Or Deposit $HAT: You can now release your allocated $HAT tokens or deposit them in the $HAT vault to earn an attractive APY. Read more about your bug bounty farming mechanism here.

The bug bounty comes with attractive rewards for yield farming however, please note:

Depositing into a Hats Finance $HAT bug bounty vault involves a potential risk of fund lockup during claim processing, a 5% maximum risk of being part of the payout, and a 7-day withdrawal delay.

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