WYND Airdrop Review: This is WYND, This is Future

About WYND Airdrop

WYND Airdrop will leverage blockchain protocols to protect and regenerate the world’s ecosystems. They uses technology to bring awareness and visibility to all humans about their surrounding environment and put a proper value on it. They provide a platform to make them active contributors, not just limited to the scope of The or any one organization, but in the immense size of life itself. They seek to achieve harmony between nature and technology while rewarding everyone who has put their skin in the game in any form under this belief system.

WYND is airdropping 65% of the total supply to Juno, Osmosis and Regen stakers and validators. The snapshots of Osmosis and Regen were taken on May 5, 2022 and the snapshot of Juno was taken on May 6th, 2022. Eligible users have until August 31st, 2022 to claim the airdrop.

Revolutionary

Wynd sees the potential of blockchain technologies to engender new forms of large-scale collaboration toward positive, life-affirming futures. Cryptoeconomics and mechanism design allow projects to create new competitive games with different emergent behavior than market economies. DAOs are in their infancy, but have already shown great potential enabling large groups with a common purpose to quickly form and take collective action.

Wynd uses technology to bring awareness and visibility to all humans about their surrounding environment and put true value on it. They provide a platform to make them an active contributor, not just limited to the scope of WYND or any one organization, but in the immense scope of life itself. We seek to achieve harmony between nature and technology while rewarding everyone who has put their skin in the game in any form under this belief system.

$WYND Token

The foundational layer of the project is the $WYND token, which is minted by the protocol. This token will serve as a governance token for the WYND DAO. While designing the tokenomics, They spent time making this token sustainable, both environmentally and financially.

They do not want to repeat the mistakes of Klima DAO, which tried to contribute to the environment while replicating Olympus DAO’s Ponzi-omics. (Look at 1-year graphs to see what I mean). Instead, they would “slowly” grow 3x over one year, then make a 100x in 2 months just to lose it all in the following two months.

They feel $OSMO, and $JUNO are better models of a growth curve to aim for. They accomplish this by providing real value to the WYND DAO (governance backed by real projects, which drive long-term value) and by slowly increasing the liquidity via vesting rather than a massive dump of liquid tokens. They also feel 3-digit APRs are inherently unsustainable, and the WYND DAO will focus on longer-term incentives for HODLers, not for yield farmers.

Token Distribution

WYND belongs to the people, not to wealthy VC firms. That is why we have decided not to do any private sales or investment rounds at all and rather self-fund the project to launch. They will make a fair distribution of all genesis $WYND tokens without any remuneration in return.

$WYND Fairdrop

As they have seen the drama on some chains when dealing with the consequences of gamed airdrops, they did not release any details of how the calculation is performed until after taking the snapshot. They are doing the best to make this distribution “fair.” Not just by releasing 65% of the tokens to the general public but also in how they select the participants. They will seek to exclude any accounts tied to centralized exchanges and only grant to people who possess their tokens.

Multichain Claims

Airdrop recipients will need to provide their Juno address to view their portion and claim it. We will
automatically convert accounts on other chains to the corresponding Juno address and perform the airdrop on one chain. This also means recipients will need 0.001 $JUNO or so to pay gas fees,
which they should easily be able to get on Osmosis.

Stakers

They want to reward typical stakers by not losing it for accounts with little stake amount and also
don’t want to give massive amounts to whales either. They mapped out the staked amount, balance, and transactions sent for various chains and put this in a chart to analyze the distribution. You can look at this example for Osmosis.

Staked Tokens

What they notice. The top 1% has a HUGE amount of money. Those are real whales. Also, after they hit 70% or 80%, the ratio between columns increases significantly. Like dust accounts, the bottom 20% or 30% have 1 Osmosis or less staked on the bottom side.

Transactions

The bottom 20% have only sent one transaction ever. Just to stake. The top 1% have sent 100s of transactions to compound their interest. If they draw a 20%-80% line, that will range from 1 tx to 14 tx ever sent, a very reasonable range. They highly punish the ones that only sent one tx. They never voted nor withdrew any tokens. The ones with three or more are more active.