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Available networks: EVM and Solana
Available networks: EVM and Solana
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Registrations close April 14th, 3:59 AM UTC
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Available networks: EVM and Solana
Hyperlane’s retroactive distribution will allocate 7.45% of the total HYPER supply at TGE. This program is designed to reward the most active early users of Hyperlane, in addition to the developers that have deployed contracts which generated messaging volume. Rewarding users with protocol ownership creates a flywheel for Hyperlane. These rewards incentivize application developers to continue building innovative products, with end-users rewarded simply for using them.
In the retroactive distribution, the top ~37% of fee spending users were eligible. Users or application developers must have generated at least $5.00 USD notional in fees using apps built on top of Hyperlane.
The retroactive rewards allocate 7.45% of the total HYPER supply, a combination of Expansion Rewards and discretionary boosts from the Hyperlane Foundation’s Strategic Launch Provision. More details on HYPER and Hyperlane tokenomics can be found on the Hyperlane Foundation's blog.
The following activities qualify addresses for additional “boosted” HYPER allocations:
|
Canonical chain users (Injective inEVM, Lumia, Eclipse, SOON, Sonic SVM, Form Network) |
1.03% of supply |
|
Owners of Celestine Sloths or Mammoths NFTs, as of snapshot |
0.02% of supply |
|
TIA LPs on Manta and Arbitrum, prior to Jan 30, 2024, proportional to the amount of liquidity supplied |
0.10% of supply |
|
Offchain community members (e.g., Discord moderators and key contributors) |
0.05% of supply |
Timeline
April 3rd, 2:00 PM UTC
Registration opens
April 14th, 3:59 AM UTC
Registration closes
April 22nd, 11:00 AM UTC
Claim period opens
May 6th, 3:59 AM UTC
Claim period closes
