Founded in 2014, the Foundation helps shepherd and maintain Stellar’s codebase, supports the technical and business communities around Stellar, and provides thought leadership to regulators and other stakeholders. In all, we’re a global company, more than 100 people strong, working to make Stellar the global payment standard. The Stellar technology is SDF’s means to achieve its mission. SDF has no shareholders, no dividends, and no profit motive. The Foundation is funded by lumens generated at Stellar’s inception, and the Foundation’s current lumen holdings can be viewed below. They’re giving away up to 2B XLM over the next 20 months (100M XLM each month) to Keybase users. All of the lumens held by the Foundation will eventually be used to enhance and promote Stellar and to pay taxes as we do so. Today we’re excited to announce we’ve partnered with Keybase for our largest airdrop ever. This page details the ledger addresses holding those funds and how those funds will contribute to Stellar’s success. Anyone can observe our progress towards our goals, more or less in real time, using the links provided. Developer Support also funds two larger grant initiatives: In addition, we’ll provide a quarterly public accounting and audit for all of our programs, as well as periodic updates where appropriate.ĭeveloper Support lumens go to hackathons, meetups, and other important developer-community initiatives. SDF’s Infrastructure Grant program supports projects that provide crucial network utility. There is no way to apply for this program. Is the team ambitious and dedicated to the long-term success of the network?.Is this project an application or service that helps Stellar grow?.The SDF ecosystem team reviews the Stellar ecosystem, asking of each major project: Instead, we allow projects to emerge and prove their value organically. YBX is the YieldBlox Protocol’s platform token.If the answer to these questions is yes, the project is considered for a grant, and we reach out for more information. YBX holders can stake their YBX for sYBX which provides them with various benefits such as a portion of protocol revenue, the ability to allocate YBX lending and borrowing incentives, and control over the protocol.
These utilities accelerate the growth of YieldBlox and the Stellar ecosystem as a whole - YBX is tokenized growth! YBX stakers directly benefit from and control the future of YBX and DeFi on Stellar! More info on YBX can be found in our docs. YBX token distributionīefore we get into the airdrop, let’s refresh on YBX’s distribution. The total supply of YBX tokens is capped at 1.5 billion.
To provide a sense of scale, the total supply of XLM is 50 billion. Simply, we’re not issuing that many YBX tokens. Of these 1.5 billion, 810 million will be distributed over 10 years to protocol users, 375 million will be allocated to the YieldBlox DAO treasury, 150 million will be allocated to a partnership treasury, 35 million will be allocated to a bug bounty program, 10 million will be allocated to the airdrop, and the remainder will be distributed to the initial team and investors. You can find more info on the distribution here.
#NOT QUALIFIED FOR KEYBASE AIRDROP HOW TO#
Teach potential future users how to use YieldBlox 3. NOT QUALIFIED FOR KEYBASE AIRDROP HOW TO. We’re designing the YBX airdrop with three goals in mind:ġ. With the previously stated goals in mind, we are splitting our airdrop into three portions: Airdrop 1: Verified Lumenaut Airdrop - 4,000,000 YBX Allocated (September 9October 22) We don’t want YBX to be distributed to bot or inactive accounts. Get YBX into as many real* ecosystem wallets as possible 2.
With the previously stated goals in mind, we are splitting our airdrop into three portions: Airdrop 1: Verified Lumenaut Airdrop - 4,000,000 YBX Allocated (September 9–October 22) *We don’t want YBX to be distributed to bot or inactive accounts. The verified Lumenaut airdrop is our airdrop for registered YieldBlox community members. To participate in this airdrop, you must be part of our Discord community, and your Stellar mainnet account has to have been created before August 15, 2021. To register for this airdrop, please join our Discord and follow the instructions provided.
#NOT QUALIFIED FOR KEYBASE AIRDROP REGISTRATION#
Registration information will be provided at a later date. NOT QUALIFIED FOR KEYBASE AIRDROP HOW TO.
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