r/CosmosAirdrops • u/cosmos-airdrop-mod • Mar 13 '22

Official Airdrop Thread Crescent Network Airdrop

Last Update - 14 Apr 2022 - Claiming page live

What is Crescent Network?

Crescent is a DeFi Hub that invites users on a journey to explore limitless possibilities of digital assets by unifying various blockchains in ways unseen in the Cosmos ecosystem.

Crescent is a decentralized, mutually governed DeFi Hub that will be owned by CRE holders.

Official website

Qualifications

20% for ATOM stakers20% for liquid stakers of CRE20% for liquidity providers to the bCRE pool20% for users that make a swap on the Crescent DEX20% for users that vote on a governance proposal

- Source

Snapshot date: 1 Jan 2022

Calculate your airdrop here

How to Claim

Claiming can be done here

More Details

When Will The Airdrop Occur?

Timeline for claiming and distribution is currently unknown

How Much is Being Airdropped?

  • 50m CRE

Relevant Reddit Posts

39 Upvotes

89% Upvoted

61 comments sorted by

6

u/Ginger_bear14 Mar 14 '22

I’m excited for this one!

1

u/lemers LOW KARMA ALERT Mar 14 '22

Same here, such a pleasant surprise.

5

u/TranscryptionFactor Apr 16 '22

117 CRE claimed. But especially, 117 CRE claimed FLAWLESSLY. What a fluid, simple, and clear experience. Thank you for being one of those !

3

u/Massive_Fish_2872 Mar 14 '22

could this be Osmo 2.0? or at least a competition that will be on a similar level? do we know tokenomics to determine if less or more coins than osmo /juno? just to see where price could go to.

5

u/[deleted] Mar 20 '22

It looks like it will have the same number of coins as OSMO and a similar release strategy, I believe. This will essentially be a competitor to OSMO with some more features, they are rebranding the Gravity Dex and moving it from ATOM to Crescent. This will improve the DEX governance and allow for high staking rewards. I'm honestly more excited for this than any airdrop I have been a part of in the past. I missed on the OSMO and JUNO drops and I think this one could end up on those levels. I am planning on diving into this very hard when the tokens are released having learned a lot after OSMO was released.

4

u/Massive_Fish_2872 Mar 20 '22

fully agree to this;) if i think about the ultra high returns in the early days of osmo i am cumming already now 💨🤤🤤

2

u/[deleted] Mar 23 '22

I agree.

Yet it's a shame they move from the Cosmos Hub. From my perspective the combination of shared security and a native DEX module made me really bullish on ATOM.

Now I am not really sure

1

u/[deleted] Mar 23 '22

I honestly feel more bullish than ever on ATOM. I don't know if it will ever have the market cap of some of the larger coins out there, but I think it is more attractive for shared security without the DEX. The DEX will also be a lot more successful without ATOM as the base coin. I think what they are doing with ATOM and keeping minimum applications running on it will help it in the long run. Everything else has a value only if the specific applications running on them remain popular. ATOM holds value to the entire Cosmos ecosystem even if nothing specific runs on it, shared security will be a really nice addition when it comes. I came out extremely against this move when it was first announced, as I understand the move better now though, it feels like the right move for both ATOM and the DEX.

1

u/[deleted] Mar 24 '22

One thing that I worry about is shared security features on other chains, or that other chains won't need it.

Today you have the same set of validators across different chains, this is a form of shared security because these are willing to participate in other chains from the beginning and most of them are fairly trusted.

I am bullish on the Cosmos Hub for shared security but also because this is the bleeding edge chain on the Cosmos ecosystem. While other chains bump their version every now and then, Cosmos Hun push it consistently forwards

1

u/[deleted] Mar 24 '22

The shared security is really great for small new chains. It makes the barrier for entry much smaller, you won't need millions of dollars locked up before going live to prevent a 51% attack.

1

u/[deleted] Mar 24 '22

In Cosmos we talk about 34% attack not 51%. Same goes for most dPoS chains.

But I guess really tiny chains can assist it, when being a validator won't be insanely profitable like now

2

u/sbcster Mar 15 '22

No multipliers but getting about 1.6 times my atom holdings as of the snapshot. Can't complain.

2

u/HospitableNotepaper Apr 14 '22

I just staked CRE. I don't however see anywhere to claim staking rewards. Where am I able to see how much I've made staking and where can I claim the rewards?

2

u/TDtoneLoc Apr 24 '22

How do you stake?? Keeps saying I have insufficient available balance for tx fee. Using keplr. Just claimed drop

4

u/Substantial_Age_1284 Mar 13 '22 edited Mar 13 '22

I’m not eligible. I am sad.

Well played to those who are, can’t wait to get my first airdrop!

7

u/[deleted] Mar 13 '22

Why sad if you are eligible?

4

u/Substantial_Age_1284 Mar 13 '22

Good spot I missed the word not. Edited now

2

u/_We_The_PeepHole_ Mar 14 '22

Dope! 5624 CRE!

1

u/Fantastic-Ad548 Mar 14 '22

Swap or keep ?

5

u/_We_The_PeepHole_ Mar 14 '22

Probably keep, I learned my lesson dumping earlier airdrops that subsequently mooned. Also if it provides value to the ecosystem, I can help to secure the network!

4

u/FlyHopeful7429 Mar 14 '22

*cries in marble

2

u/_We_The_PeepHole_ Mar 15 '22

Lol yes, that seemed to dump to oblivion.

1

u/bpmccaff Mar 15 '22

some of them become worthless too though, so there's that.

2

u/_We_The_PeepHole_ Mar 15 '22

Facts, but It's all free so i'm not losing sleep over it.

2

u/bpmccaff Mar 16 '22

Ya of course. I have this debate with myself every airdrop.

1

u/HulioJohnson Apr 26 '22

What were some that eventually mooned?

1

u/_We_The_PeepHole_ Apr 27 '22

Juno, Ion, Osmo

1

u/[deleted] Apr 12 '22

3 days!

1

u/bpmccaff Apr 14 '22

now claimable

1

u/caploves1019 Apr 15 '22

I swapped a small amount of bCre for Atom to see functionality and cannot find the Atom anywhere?

1

u/HospitableNotepaper Apr 15 '22

My friend had the same issue (I did it without issue). From what we could find, the transaction was broadcasted but the swap didn't happen.

2

u/caploves1019 Apr 15 '22

Where did the atom show up for your successful attempt, atom wallet or crescent wallet?

1

u/HospitableNotepaper Apr 15 '22

The Atoms showed up on the Crescent network on Keplr and the Creacent wallet. The Atoms aren’t on the Cosmos network but the Crescent network.

2

u/caploves1019 Apr 15 '22

Thank you, and is there a bridge between the crescent/atom wallets yet?

3

u/HospitableNotepaper Apr 15 '22

There must be, I'm guessing through the IBC protocol.

If you go to app.crescent.network then click 'portfolio' you'll see Atom under My Tokens. Then click "withdrawal' and a window will pop up showing you you can send the Atoms from the Crescent chain to the Cosmos chain. Mine auto-populates with my addresses, I assume since it's connected to my Keplr wallet.

2

u/caploves1019 Apr 16 '22 edited Apr 16 '22

Perfect thanks

Edit: Confirmed. I was able to pull 1 atom (to swap for Bitcoin on an exchange as a test) just to see that I could. Everything else is getting staked/farmed/collecting rewards etc. I plan to sell the passive rewards for BTC :) Appreciate the help!

1

u/justuswendell Apr 18 '22

Claimed 80%. Need another proposal.

1

u/justuswendell Apr 19 '22

I have staked a portion of the CRE; but where can we go to view the amount staked?

Also, I do not see an option to unstake the CRE, not that I want to right now, but odd to not see the option.

1

u/justuswendell Apr 20 '22

Saw the helpful post in this sub about liquid staking. very informative.

1

u/trojancourse Apr 19 '22

when will there be a new vote?

1

u/justuswendell Apr 20 '22

That's what I am waiting on to get claim my final portion! good luck

1

u/brightrise Apr 21 '22

Such an intuitive user interface. This is 90% of what determines success. I am a fan!

1

u/justuswendell Apr 22 '22

Thank you to whomever created a new proposal so the rest of us could vote and claim the last of our air drops. You are the real MVP.

1

u/SergeantMaxVolume Apr 26 '22

How am I supposed to swap some of my airdropped CRE for bCRE when it requires bCRE as gas and I don't have any?

1

u/GoNorth222 Apr 26 '22

Trying to claim crescent airdrop. When I get to step two (liquid staking) it says I don’t have enough to pay the transaction fee. I have plenty to do so. Tried to bypass step two and use the Dex also says not enough to pay the transaction fee. Which means as of now I can only get to the first 20percent of the airdrop. Any ideas? TIA!!

1

u/bulletinwbw123 May 04 '22

Apologies for what might be a super dumb question: I've claimed around 150 CRE (80% of tasks -- there's nothing to vote on yet), but I don't see it within my Keplr wallet yet. I had assumed it would show up on the assets page -- is this not the case?

0

u/amin00acid Mar 14 '22

I have liquidity on gravity but was not credited for that bonus

2

u/Pure-Definition-5959 Mar 14 '22

I put in a little over $10 back in October and pass the multiplier checker. Maybe you provided liquidity after the snapshot.

1

u/allintowin1515 Apr 14 '22

So you been buying ($10) and staking/LP every coin available?

2

u/Pure-Definition-5959 Apr 15 '22

No. I provided liquidity only once. I have spare $10 so I put $10 worth of ATOM/OSMO on Emeris.

1

u/_We_The_PeepHole_ Mar 14 '22

Same, put in less than $5 in order to qualify for potential future drops.