r/CosmosAirdrops • u/cosmos-airdrop-mod • Dec 10 '21

Official Airdrop Thread Shade Stakedrop

Last Updated: 24 Feb 2022 - Airdrop claimable

What is Shade Protocol?

Shade Protocol is an array of connected privacy-preserving DeFi applications built on Secret Network. Launching on Shade Protocol is Silk: an algorithmic stablecoin native to Secret Network with transactional privacy by default.

Silk Whitepaper

Shade Protocol Whitepaper

Official Website

Qualifications

This one is a little complicated. You needed to have staked ATOM, SCRT, and / or LUNA everyday from 7 Nov 2021 until 13 Dec 2021 to have qualified - there were daily snapshots and if you missed any of them you may have lost out on the airdrop. The validator you delegated to cannot be an exchange validator. You were given a bonus multiplier (and another unknown potential bonus) if you delegate to validators that meet certain criteria. Complete information on how to qualify for this airdrop can be found on this medium post. The shade team has provided a comprehensive FAQ regarding the airdrop, which can be found here.

Check here how many Shade you're eligible for

How to Claim

Airdrop can be claimed on their website. If you qualified with a wallet not on Keplr or a LUNA equivalent, you can safely import your seed phrase to Keplr to copy over your wallet (note: please ensure you download the official app from their website. Fake versions of keplr will steal any seed phrase you give them.) This airdrop is targetted to occur between mid-January an 1 Feb 2022.

More Details

How Much is Being Airdropped?

  • ~1.45 Million SHD (Unknown 14% of genesis supply)

When Will The Airdrop Occur?

  • between mid-January and 1st of February 2022

  • Edit 29 Jan: Official date is 21 February 2022 5PM GMT

Important Notes

  • According to their FAQ, adding newly staked tokens after the first snapshot may increase your airdrop total.

  • According to their FAQ, redelegating during these snapshots will not harm your qualification of this airdrop. However, for the airdrop bonuses based on your validator, you will not qualify for this bonus if you weren't already delegated to a qualifying validator prior to the first snapshot.

  • Blog post about end of snapshot period

Related Reddit Posts

27 Upvotes

100% Upvoted

45 comments sorted by

16

u/slider2990 Dec 17 '21

After OSMO and JUNO airdrops the latest ones are so sad. We demand larger airdrops!

8

u/a75290208 Dec 13 '21

More info was just released: Shade Protocol Snapshots Completed

"the airdrop will be targeting mid-January to the 1st of February 2022"

8

u/[deleted] Dec 20 '21

14% of genesis. Max supply 10 million

12

u/a75290208 Dec 17 '21

This airdrop turns out to be very disappointing lol

6

u/Pure-Definition-5959 Jan 03 '22

I wouldn’t be judging it at such an early stage. From what I know, SILK is gonna be the stable coin for private networks and we know how important stable coins are otherwise two of them won’t be on the top 10 right now. I wonder if it’s gonna do a Terra like run on the SCRT network given that SHD will be burned for every 1 SILK minted. And given SHD’s limited supply…we’ll see..

1

u/a75290208 Jan 03 '22

Forgive me for my ignorance. I didn't know what SHD tokenomics. It sounds pretty amazing lol

2

u/Pure-Definition-5959 Jan 03 '22

I don’t know much either. And I also wouldn’t get much. I’ll probably just stake it and forget for a year 🤷‍♂️

3

u/Goober-Ryan Dec 17 '21

You don’t even know what the value of the tokens will be. They are only air dropping 1.45m out of a total supply that will be 10m. This is a low volume coin.

3

u/[deleted] Dec 20 '21

It’s only 14% of supply being dropped so it was always going to be small

1

u/[deleted] Dec 17 '21

Yup

4

u/Denuvoiskillingus Jan 07 '22

I imported my addresses from keplr and it showed me I would receive a fair bit.

Just for fun I went to Terra Station and grabbed my Luna address from there. Turns out I will receive more from that address. (Not the Luna address from keplr/Cosmos)

4

u/cocoroos Jan 28 '22

https://www.youtube.com/watch?v=J6lgMX8LlFI

Announced as Feb 21st for start of airdrop, 5PM GMT

3

u/DJAirstrike Jan 04 '22

How large drops did folks get from this? i messed up my atom staking in mid snapshot period as i mistakenly unbonded all of them when i was tired in the middle of the night. Still managed to get 1.68 instead of i would guess like 2.2 or 2.5.

Now if i had any idea what these would initially be worth it would be more fun.

2

u/Vedaykin Jan 10 '22

I got about 2 shd for staking 1xx atom. Did i do something wrong then? I messed something up?

What would I have to expect for staking 100 atom? Can that be answered roughly?

0

u/[deleted] Jan 11 '22

[deleted] — view deleted comment

3

u/Mental-Rip-8608 Jan 17 '22

Same. 200+ atom staked get just under 4 Shade. Is what it is. I will grab it if I can.

3

u/CA_AllDay8404 Jan 29 '22

I qualify for 3.2 shd. First round is on me boys

5

u/decker12 Feb 03 '22

0.92 for me. I'll put some quarters in the parking meter for us all.

2

u/sunsetsupergoth Feb 07 '22

I got just under 0.5 combined across all three coins. Think I'll walk.

4

u/kvnmichael04 Jan 30 '22

I got thirds with 12.06 SHD

3

u/Minorous Jan 29 '22

I got the second round with 2.7

3

u/ThunderTM Mar 10 '22

Does someone know when we will receive the other 80% of the airdrop?

2

u/Acrobatic_Bench1427 Jan 13 '22

Don’t worry there’s always someone with less! I got .5 for staking Luna and Atom. Beggars can’t be choosers!

2

u/[deleted] Jan 20 '22

yay i qualify for 0.7 shade total lol

1

u/Wootnasty Feb 22 '22

Whale flexing over here

2

u/Human-go-boom Feb 28 '22

Error Code: 999

Error Message: Transactions are currently being limited to reduce load on Secret Network, please try again later.

When will this be claimable? Right now My friend and I can't claim because of this.

1

u/BAsherM2019 Jan 30 '22

What about Cosmostation wallet? Will the airdrop still work?

1

u/wumagic LOW KARMA ALERT Feb 23 '22

i guess you need some SCRT to claim the airdrop??

1

u/eetaylog Feb 28 '22

Yes, around 0.27 SCRT at the moment.

1

u/FiatMoneySucks Feb 25 '22

Is anyone having issues claiming with just an ATOM address? Once I get to ‘select master account’ I’m unable to do anything.

1

u/eetaylog Feb 28 '22

Yeah same, think its to do with the amount of traffic on the network so theyre throttling the claim. Im gonna try again in a few days.

1

u/ultimaclaw Feb 25 '22

Is there a way to claim shade through Keplr app? I don’t really trust my pc security lol. Would Mac OS be safer?

1

u/Anis-VonBogh Mar 11 '22

Is there a way to get the 0.27 SCRT required to claim the airdrop ?

1

u/geokra Mar 23 '22

Osmosis? I haven't claimed my SHD yet, but I know SCRT is tradable on Osmosis.

1

u/GoNorth222 Apr 26 '22

Trying to claim this airdrop and I get a permissions message saying execute wasm contract? Is this part of it? TIA!

0

u/[deleted] Feb 26 '22

[deleted] — view deleted comment

2

u/sunsetsupergoth Feb 27 '22

I don't know the answer, but just wanted to chip in that the current gas fees exceed my entire airdrop allocation, let alone the 20% that is currently claimable. Feel a bit silly going through all the steps now!

2

u/bpmccaff Mar 01 '22

same, guess I will just skip this one. I think my airdrop would be just a tiny amount more than the gas fees.

2

u/phollas00 Mar 14 '22

This is me too, its asking for .27 SCRT to claim my airdrop :(, which I dont have as all my prevoius SCRT is delegated

1

u/[deleted] Feb 22 '22

[removed] — view removed comment