Announcing the Incentivized Testnet Participants Airdrop
We extend our heartfelt gratitude to the Self Chain Community for their incredible support during Incentivized Testnet 1 and Incentivized Testnet 2. Your active participation and enthusiasm have been instrumental in our progress.
We extend our heartfelt gratitude to the Self Chain Community for their incredible support during Incentivized Testnet 1 and Incentivized Testnet 2. Your active participation and enthusiasm have been instrumental in our progress.
We are excited to announce that, as a token of our appreciation, we will be airdropping SLF tokens to our early supporters. Thank you for your unwavering commitment and contributions to the Self Chain network.
Highlights from Incentivized Testnet 1
We received an overwhelming response with 155 applications, of which 100 active validators played a crucial role in testing the network's security, performance, and reliability.
Highlights from Incentivized Testnet 2
We were thrilled to receive 366 applications, achieving our target of 100 active validators. The testnet reached a block height of 3,074,934 with 60M SLF tokens bonded and validator uptimes averaging ~99.7%. Community engagement was significant, with 19,426 users staking their tokens through Superboard, showcasing the vibrant support around Self Chain.
$SLF Tokenomics
The Self Chain ecosystem is powered by the $SLF token, which plays a crucial role in network operations, governance, and incentivization. The total supply of $SLF tokens is 360 million, allocated across various categories to support different facets of the ecosystem. Here’s a detailed breakdown:
The distribution of SLF tokens is subject to various unlock schedules to ensure a balanced and sustainable release into the market:
Full Tokenomics: https://selfchain.xyz/tokenomics
Eligibility for the Airdrop
Check The List of Selected Participants
- Incentivized Testnet 1: https://gist.github.com/sungphamdinh/661a0c3b7c9aa4a8bd8aa1837ca2bee7
- 200 Validators Participants: https://gist.github.com/sungphamdinh/a1bffc18207cc3a3a2115e88be226caf
- 500 Staking Participants: https://gist.github.com/sungphamdinh/37b477acd545a4c759539a311273f87d
Selection Criteria
- For Validators: Maintain your node availability at 95% by staying connected to the official Self Chain validator node and proposing a new block at least once an hour.
- For Stakers: Claim your faucet tokens on-chain, stake your claim on any testnet validator, and engage with our vibrant Discord and X communities.
Fairness Measures
- Bot Identification: Wallets with unusual activity were excluded.
- Multi-Account Users: Accounts using identical social media were consolidated.
- Exploiters: Fake wallets and accounts were filtered out.
Airdrop Details
- Total SLF Tokens to be Distributed: 325,000
- 1000 SLF / Validator
- 50 SLF / Staker
- Number of Participants Receiving the Airdrop: 800
Claim Process
- Distribution Period: 3 working days starting from July 22nd
- Tokens will be sent manually to the selected participants' Self Chain addresses.
Additional Information
- Security: The process does not require sharing private keys.
- Beware of Scams: Always ensure you are interacting with official Self Chain channels.
Next Steps
Stay updated on the public launch and reward airdrop.
- Use of SLF: Tokens can be staked.
- Stake here: https://staking.selfchain.xyz/
- Further Information: Follow Self Chain on X and refer to the Self Chain official website and tokenomics for more details.
Thank you once again for your unwavering support. Together, we are making Self Chain stronger, more secure, and more innovative. Keep following our official channels for the latest news and developments.
About Self Chain
Self Chain is the first Modular Intent-Centric Access Layer1 blockchain and keyless wallet infrastructure service using MPC-TSS/AA for multi-chain Web3 access. The innovative system simplifies the user experience with its intent-focused approach, using LLM to interpret user intent and discover the most efficient paths.
Self Chain ensures that onboarding and recovery are effortless with keyless wallets that grant users complete self-custody over their assets. In addition, it provides automated rewards to dApps when they efficiently resolve user intent, further enhancing the user experience. Moreover, Self Chain incorporates Account Abstraction with MPC-TSS to provide secure signing and reduce transaction fees. It's a platform that redefines blockchain interaction, making it more secure and user-friendly for everyone.
In a world where blockchain technology is becoming increasingly essential, the user experience remains a critical factor in its adoption. Intents and Keyless Wallets are set to transform the landscape, making blockchain interactions more accessible, efficient, and secure. As we move forward, the blockchain industry has the opportunity to provide users with a seamless and enjoyable experience, unlocking the full potential of this groundbreaking technology.