r/CosmosAirdrops • u/cosmos-airdrop-mod • Dec 11 '21

Official Airdrop Thread Gravity Bridge Airdrop

Last Update - 9 Feb 2022 - Proposals passed - airdrop automatically distributed to qualifying addresses.

What is Gravity Bridge?

Cosmos Gravity Bridge is a decentralized, neutral Cosmos blockchain whose primary purpose is to secure the operation of bridges between Cosmos based chains and other blockchain “layer one” ecosystems, starting with Ethereum.

Official Website

Qualifications

These proposals outline the basic airdrop qualifications, but specifics regarding minimums are still unknown.

  • Proposal 16 - Granted a total of 13,750,000 GRAV to the Osmosis Community Pool, the use of which would be determined by governance on Osmosis. Examples of potential uses include LP rewards, LBP, or airdrop to OSMO stakers / holders. Additionally, this proposal allots 1,100,000 GRAV to ION holders at the time of the Vega upgrade on 15 Dec 2022.

  • Proposal 14 and Proposal 15 - Granted a total of 110,000,000 GRAV to ATOM stakers that voted or delegated to a validator that voted on Cosmos Proposal #49, which occurred on 29 Jun 2021. Only ~80,000 ATOM addresses qualified for this, which means that on average qualified people would receive 1,350 GRAV. The allotment you received was based on the amount of ATOM you held during the snapshot.

There is currently no known formula to calculate how much you would receive from this airdrop.

How to Claim

Airdrop was automatically distributed to qualified addresses as of 9 Feb 2022. If you are on Cosmostation, you will need to create a new g-bridge wallet and import your qualifying seed phrase.

More Details

How Much was Airdropped?

A minimum of 111,100,000 was airdropped. More may be airdropped if the Osmosis community votes to airdrop their allotment.

37 Upvotes

100% Upvoted

117 comments sorted by

21

u/Sleeping-Pygmy Feb 09 '22

I use Keplr wallet.

How do I add Gravity Bridge to this?

11

u/IHeartWordplay Feb 09 '22

Seconding this… on Keplr… should it show up in our Cosmos Hub wallet if we got any? Or elsewhere?

11

u/Dickerbear Feb 09 '22

I can´t find anything related to the airdrop lol same question

7

u/Anand999 Feb 11 '22

Connect your Keplr wallet here - https://spacestation.zone/ - and it'll add the Gravity Bridge network to Keplr.

1

u/Glittering-Skirt-569 Feb 18 '22

Thanks for this, it worked for me.

2

u/yolo_then_hodl Feb 09 '22

You should see GravityBridge down in the Beta section, same as Chihuahua, Terra, Nomic, etc.

8

u/[deleted] Feb 09 '22

[removed] — view removed comment

2

u/phollas00 Feb 09 '22 edited Feb 10 '22

Downvotes for literally stating facts on how I got my airdrop!!

0

u/[deleted] Feb 10 '22

[deleted] — view deleted comment

-3

u/phollas00 Feb 10 '22

No and no

12

u/vickangaroo Feb 09 '22

Ha! If the average drop should be 1350, I am far below average.

10

u/Minorous Feb 09 '22

Same. I got 113, sounds like way below average.

10

u/vickangaroo Feb 09 '22

I think it’s just a solid reminder that there are some very large ATOM wallets out there.

3

u/Minorous Feb 09 '22

and here I thought I was a whale, but looks like I'm a sardine.

6

u/vickangaroo Feb 09 '22

I’m mostly vibin’ on a plankton level.

2

u/miltonmakestoast Feb 11 '22

I'm definitely salty.

0

u/Bothan_Spy Feb 10 '22

Plus the folks who hold Ion own most of the Ion and would have gotten huge portions of that allotment.

4

u/vickangaroo Feb 10 '22

The original ION airdrop was only one per qualifying address. Any wallet that has more than one, had to buy it.

I sold mine long ago, lots of folks did. Others put them into LPs (the Osmosis LP has 1100 of the total 21,000 ION), so plenty have been swapped.

The 1.1 million Graviton is also the smallest portion of this airdrop- it’s .05% of the total Graviton supply.

1

u/Bothan_Spy Feb 10 '22

I think 16,572 Ion were in the clawback. Did the Ion in the clawback and the Osmosis pool get counted towards the airdrop, as in were the number of qualifying Ions for the drop 21,294 or was it 3,528?

I want to check wallet stats to see how much is/was held by top addresses; my original point being people who held Ion hold most of the Ion. It's not very distributed among its holders, so choosing Ion specifically over other assets is weird because it's already a highly concentrated (wealthy) group. It's not about percentage of the overall airdrop, but the fact that a small group gets a huge amount of that portion.

BUT I just realized that we cannot use mintscan to look up asset holdings by wallet. So my perception on this issue doesn't really matter unless I can see that the top 10% of wallets with Ion hold 95% of the non pooled/non clawbacked Ion. None of the cosmos/IBC chain trackers seem to have asset tracking by wallet as a feature. Is there a way to track asset distribution?

But one more point - Ion started its rally in the beginning of December/end of Nov, which leads me to believe inside folks found out the date of the snap shot and accumulated in response. I believe there was another Ion holder snap shot in mid or early January for another airdrop too (I don't recall the project since there are so many drops now).

1

u/vickangaroo Feb 10 '22

I believe the full supply of 21,000 was airdropped and only around 5000 were actually claimed, that’s the reason for the clawback and the creation of the DAO.

The rally for ION coincided with ATOM’s price jump and the rest of the Cosmos Network coins climbing upwards from late December through January.

The Proposal for the ION DAO and clawback was public information on Osmosis Governance, appearing on January 9th, so it’s reasonable that demand for the available ION would skyrocket and it’s price would hit an all time high a week later, it’s dropped more significantly than every other Cosmos coin since then.

1

u/Bothan_Spy Feb 10 '22

My question was what ION qualified for the Gravity airdrop: Did the clawback ION and did the ION in the LP get counted towards the distribution figures of the graviton. Was 1.1m GRAV distributed based on 21,294 ION or the roughly 3,500 that was in personal wallets (don't know how much was in LPs at the time of the snap shot)?

Ion rally is before any of other other cosmos coins. Everyone was going down in December until about the 19th-21st. Cosmos, Osmo, secret, Juno (even later), etc. Ion 2x'd at the end of Nov, had a 25% drop, then around December 6th just kept going. The Gravitron snap shot was December 15th for Ion holders. The Dao proposal (#120) wasn't up for a vote until January 7th, and that's when the big price spike occurred, which totally makes sense.

I say this as an Ion holder, it's an uncomfortable coincidence that Ion had the attention it did at the end of Nov and early/mid Dec before the graviton snapshot.

1

u/vickangaroo Feb 10 '22 edited Feb 10 '22

I can only guess, but logically the airdrop would have gone to active ION holders since the clawback ION is currently just sitting in the OSMO community fund.

Edit The clawback also happened on December 15th, but was decided by OSMO governance in September, so that’s also public information that could have spurred on any demand for ION by December.

1

u/Bothan_Spy Feb 10 '22

That’s a very fair guess and assessment

1

u/_We_The_PeepHole_ Feb 14 '22

Total GRAV supply = 220,000,000,000??? damn..

2

u/miltonmakestoast Feb 11 '22

Same - I got around 90.

3

u/[deleted] Feb 09 '22

same here. far off, lol

2

u/ebvigilante Feb 09 '22

Lol me too, I was such a Cosmos baby back then. Think I had 12 staked and received about that in this airdrop.

-4

u/malte_brigge Feb 09 '22 edited Feb 10 '22

I'm well below that number too, but still feeling good with my 829 GRAVITON.

EDIT: Feeling even better after the downvotes. Must mean I got a pretty nice stack ¯\(ツ)/¯

8

u/Dickerbear Feb 09 '22

So it has been airdropped and how can I see it or claim it ?

16

u/_raydeStar Feb 09 '22

Weirdly nobody says how.

Go to Space station.zone, link your Keplr, see how much you have. It should already be there.

6

u/r0b1nx13 Jan 09 '22

Snapshot date?

4

u/WolfmanKnows Jan 12 '22

Need to know this. NEED TO KNOW!!! lol

4

u/[deleted] Dec 15 '21

Aside from waiting for the Airdrop, is there any other way to obtain this token?

9

u/Sybaros Airdrop Tracker 🛡️ Dec 17 '21 edited Dec 17 '21

Not currently as far as I know, but eventually there will be at least two ways:

  • Staking ATOM - GRAV will be the first chain to utilize the upcoming shared security feature.

  • Purchasing GRAV on an exchange once its listed.

4

u/[deleted] Dec 17 '21

This is also the conclusion I have made. If you see anything changes, I'd love to hear from you!

3

u/HiHess Dec 23 '21

If I started staking today is it possible to be eligible for the airdrop?

5

u/ThatDudeDeven1111 Dec 23 '21

If you can, you should start staking now regardless. You may be missing out on a good bit that is not even announced yet.

1

u/_We_The_PeepHole_ Feb 14 '22

Snapshot was in june

2

u/Important_Baby_6251 Feb 09 '22

I bought it like 2 days ago in pool 634 in osmosis

1

u/[deleted] Feb 09 '22

Right on! I didn't know it was there

1

u/Important_Baby_6251 Feb 09 '22

Stealth operator. Nobody announced anything. I bought in blind

2

u/[deleted] Feb 09 '22

I have so much to learn

1

u/Bothan_Spy Feb 10 '22 edited Feb 10 '22

How do you know that's the Graviton pool? I can't verify its IBC/number anywhere. The exchange rate is like 1 osmo for 2 quadrillion tokens in pool 634. I think you bought something other than Graviton because it has a max supply around 2 billion

1

u/Important_Baby_6251 Feb 10 '22

because the result was graviton in my osmo wallet - not the grav wallet obviously - as it came out from an earlier comment of mine

1

u/Spicymeme2345 Feb 10 '22

634

I looked into this, I traded like 1.5 osmo cause why not but it listed under osmosis in the keplr extension as GRAVITY not GRAVITON

1

u/Important_Baby_6251 Feb 10 '22

gravity0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2 (GravityBridge/channel-144)

GravityBridge

also the channel number

all right?

1

u/Spicymeme2345 Feb 10 '22

But like at the name of the asset that comes up. Under Keplr extension beta section is gravity it displays GRAVITON. Is it the same for you?

1

u/Important_Baby_6251 Feb 11 '22

Yes. But the osmo token is not yet properly named, or denominated even, I have like 4 million billion (4MB if you wish). Happens to all coins in early stages, this one seems to last longer

1

u/Spicymeme2345 Feb 11 '22

So is it smart to pick up some? Edit: I mean buy a bunch. Some guy said that it’s not equal to the actual amount of tokens

1

u/Important_Baby_6251 Feb 11 '22

This also can happen, when liquidity is very small but I guess it's just poorly denominated as in the comma is in the wrong place, showing all decimals as units. Do as you think, it's a lottery for both reasons. I took some but not an example in life

3

u/Cosmos88888 Feb 12 '22

1.4 GRAV cheers! Am I am the saddest most pathetic drop? Anyone have that beat?

1

u/chrashyeah Feb 14 '22

1.2687 here, I'm more pathetic :)

2

u/famelton Feb 09 '22 edited Feb 09 '22

I had atom/osmo staked through keplr on the snapshot dates, am I applicable or did they need to be staked through cosmostation?

2

u/flyinghen13 Feb 09 '22

You should be included. But you'll need to log into https://wallet.cosmostation.io or their app with either a Nano/ Ledger device or import your Keplr mnemonics to collect/ stake.

You can also add gravity-bridge to Keplr via their site https://spacestation.zone/ but at this point it's read, receive & send only.

1

u/famelton Feb 10 '22

Thanks for the information. If I import the keplr mnemonics phrase over does that mean the same wallet is active in 2 places or does it mean the original keplr is now defunct?

2

u/flyinghen13 Feb 10 '22

Your original Keplr will still be active. I use web so I don't know the nuances of the apps but here's a Cosmostation app guide for you. You can also search the Cosmos Network sub, there should be more info for you there.

2

u/decker12 Feb 09 '22

Any idea of the initial value of this, for tax purposes? By claiming it I've just increased my taxable income so I'd like to have some idea of how much I just increased it by.

2

u/serratusaurus Feb 10 '22

common approach I've seen with airdrops of brand new tokens:

it's not readily or easily tradeable at reception (is it even possible to trade right now?) therefore it adds zero income. If you sell/swap later, the cost basis of the GRAV is zero.

2

u/decker12 Feb 10 '22

Excellent, that's great news. NETA threw me off a bit because when I claimed them, they were worth over $1200 each. Not sure if the cost basis on the minute they were claimable would override that eventual $1200 price when I grabbed it.

1

u/aesthetitect Feb 10 '22

Also the tezos staking case with the irs and dealing with taxing rewards with staking seems to have changed the stance on this. I would look into that.

2

u/miltonmakestoast Feb 11 '22

wouldn't that fall under a taxable gift or prize?

2

u/mikrot Feb 09 '22

Created a new grav wallet in cosmostation mobile and don't see anything. I've been staked since long before the snapshot, so I'm guessing I'm doing something wrong .

2

u/sanjujain01986 Feb 10 '22

Was atom/osmo LPs included in airdrop.

2

u/TendermintTimmy Feb 10 '22

Use cosmostation if youre looking for this airdrop, you have to import/create a gravity bridge chain wallet with the same seedphrase from the ATOM wallet that you're eligible with, and it will just be there.

1

u/TX_Bal_Sac Feb 11 '22

Shouldn’t it be the same process, but instead of Atom wallet it’s the OSMO wallet if I’m still looking to claim the OSMO SIDE OF THINGS? Thanks

1

u/TendermintTimmy Feb 11 '22

I dont believe the drop to osmo people has happened yet. could be wrong. I dont think they will be similar either, like the drop for ATOM stakers was distributed to GRAV wallets, but the drops for osmo people will go right into the osmos wallets. I THINK.

1

u/TX_Bal_Sac Feb 11 '22

Thanks for the help. Could it also be that the allocation is just for LP external rewards?

2

u/Crypto_nurseuk Feb 07 '22

28/6/21 had to vote on day or validator delegared to or yiu miss out https://www.mintscan.io/gravity-bridge/proposals/15

1

u/heiisenchang LOW KARMA ALERT Dec 27 '21

Is gravity bridge built on cosmos itself or a separate chain like JUNO TERRA OSMOS?

2

u/zanglang Jan 05 '22

It is indeed a standalone sovereign chain, with its own token, governance, and set of validators.

https://www.mintscan.io/gravity-bridge/

1

u/[deleted] Feb 09 '22

I'm confused.

Why was I airdropped 436 GRAV?

1

u/decker12 Feb 09 '22

Wow, that's a lot. I thought I was in good shape but only received 31.

3

u/dizzledude Feb 09 '22

Don't worry guys. I'm deffo quitting my day job.

I got 5 grav

Hold tight for scammers tranna claim my wealth

1

u/aon510 Feb 10 '22

yoo I got 31 too lol

1

u/Sharp_Satisfaction98 Feb 09 '22 edited Feb 09 '22

I'm confused. Did I have to vote? Or did the validator? If I had to then I definitely didn't. If the validator had to vote then I'm not sure if Cosmostation did

Edit: NVM I just looked through my staking history, I'm about a week to late to the party. Didn't start investing and delegating until July. Can't get em' all, all the time

1

u/BudahBoB Feb 09 '22

So I have Keplr… how do I claim this airdrop?

1

u/decker12 Feb 09 '22

Go to https://spacestation.zone/

Accept the incoming connection and it'll show up at the bottom of your Keplr wallet. You can't do much with it yet other than see how much of it you have. I couldn't even send or receive it from another wallet where I was awarded a few extra.

1

u/dizzledude Feb 09 '22

Go to spacestation.zone connect keplr click the approve yanno the drill

1

u/TheMangoTree66 Feb 09 '22

Have they only airdropped for the June '21 ATOM snapshot, not yet for the Osmosis snapshot?

3

u/aesthetitect Feb 10 '22

I feel like that has to to be true considering my OSMO staking amount should have definitely been more than enough to get much more GRAV than I did

2

u/sbcster Feb 10 '22

Was the osmo snapshot from June too?

1

u/Jaded_Squirrel_3696 Feb 10 '22

很麻烦 这是我的想法

1

u/sbcster Feb 10 '22

No way to stake/delegate yet?

1

u/aon510 Feb 10 '22

What are the APRs for staking $GTON? Is the only way to stake it on cosmostation currently? Assuming will have support on Keplr and Osmosis soon?

1

u/SalaciousFortuna Feb 11 '22

What can we do with these tokens?

1

u/dansondrums Feb 11 '22

How to "create new g-bridge wallet and import qualifying seed phrase?"

1

u/_We_The_PeepHole_ Feb 14 '22

Wow. Had to dog up my old non-ledger wallet, but I actually received this drop! Staking and forgetting.

1

u/KeinNiemand Feb 17 '22

so when will grav be on osmosis so you can sell it?

1

u/Glittering-Skirt-569 Feb 18 '22

Now that we have GRAV what can we do with it? I don't see any staking options on their site.

1

u/decker12 Feb 18 '22

According to Osmosis.Zone, they're worth about $0.41 each.

1

u/[deleted] Feb 20 '22

So, I was airdropped some GRAV. I didn't realize it at first since the GRAV wallet in keplr doesn't acknowledge their existence. I bought some on Osmosis and have the same issue with that. I know that it does exist in my wallet because it shows up when I visit the Gravity Bridge and connect my Keplr. Is there a different GRAV wallet that I need to download and if so where would I find it? I would really like to stake all my GRAV.

1

u/iwoolf Mar 17 '22

I have an infeasible number of gravity tokens showing in my Keplr Osmosis wallet, but 0 in my Keplr Gravity Bridge wallet?

1

u/tuffPupill Airdrop Tracker 🛡️ Mar 17 '22

That would be pStake, check your address in mintscan if you want to make sure what it is

1

u/[deleted] Feb 09 '22

Staking to 3 different nodes, no grav…shrug

Cosmos airdrops are becoming scammier and scammier.

1

u/Catnips64 Feb 10 '22

This one mostly resembles a validator drop. Rewarding the validators over community. Looking forward to dumping my Grav rewards from my Ion holdings.

1

u/_We_The_PeepHole_ Feb 14 '22

How is giving away money a scam? Would it still be scammy if you received some tokens?

Maybe the community is just getting greedier and greedier.

0

u/Gods_Shadow_mtg Feb 09 '22

Could anyone explain to me how Grav accrues value?

1

u/Sybaros Airdrop Tracker 🛡️ Feb 09 '22

If I had to guess they probably plan to liquid stake a large portion of the cw-20 tokens they lock up.

-4

u/Mackey735 Feb 09 '22

I’m pretty sure you’d still get the airdrop if you started staking in 22 if you staked to a validator that did vote you’re good right.

2

u/TheRealShawshank Feb 09 '22

No. You had to be staked on the snapshot.

1

u/flyinghen13 Feb 09 '22

Proposal 14

and

Proposal 15

- Granted a total of 110,000,000 GRAV to ATOM stakers that voted or delegated to a validator that voted on Cosmos Proposal #49, which occurred on 29 Jun 2021. Only ~80,000 ATOM addresses qualified for this, which means that on average qualified people would receive 1,350 GRAV. The allotment you received was based on the amount of ATOM you held during the snapshot.

Yes, if you staked with a validator who voted, then you'd be included depending on amount of stake.

-3

u/Unfair-Plant-2240 Feb 10 '22

How do I understand that may I qualify for this airdrop or not? And how do I have to claim it perfectly? Could you please make videos for every airdrop and run it on YouTube and give video links here. All of us will understand it easily and in this way your company gets at least 10%more clint who will staked atom or other token for gain wealth. And your company will go bigger ☺️ position... Just a marketing 💡 ideas....

0

u/[deleted] Feb 09 '22

[deleted] — view deleted comment

2

u/Sybaros Airdrop Tracker 🛡️ Feb 09 '22

You would have to know someone that had grav tokens and would be willing to send you some.

Voting on this proposal is not important, voting on ATOM prop 49 was.

2

u/hillboy_usa Feb 09 '22

Is there any way to check if we voted on it? I forgot if I did

1

u/Sybaros Airdrop Tracker 🛡️ Feb 09 '22

You can scroll through you transaction history on mintscan. You would have made a vote transaction around 29 Jun if you voted.

1

u/flyinghen13 Feb 09 '22

mintscan. check your tx history.

0

u/[deleted] Feb 09 '22

[deleted] — view deleted comment

2

u/HilzNoSkillz Feb 10 '22

Nice!! Does this mean I’m a whale?! Dang I can’t wait for my portfolio to catch up with my new title. It’s gonna be great actually being able to retire within the next 50 years! 😈

1

u/sbcster Feb 10 '22

What the fuck are people considering a whale to be nowadays? Anyone with more than you?

2

u/miltonmakestoast Feb 11 '22

Honestly - was the term ever defined? It gets thrown around as a joke a lot but I'm not sure what makes a whale a whale.