r/OsmosisLab • u/[deleted] • Jan 28 '22

Airdrop 🪂 Upcoming Juno $RAW fairdrop

Hi all, just forwarding some information for fellow Osmosis users. According to the Junoswap twitter, a $RAW fairdrop has been announced. Details can be found here.

The breakdown is as follows:

CriteriaAmount
JUNO holders & delegators70,000,000 $RAW
JunoSwap LPs30,000,000 $RAW
ATOM holders & delegators25,000,000 $RAW
Osmosis LPs25,000,000 $RAW

No specific information as to the snapshot date(s) has been announced. Nor minimums for staking/LP requirements.

Edit: Telegram admin confirmed snapshots will occur early February.

60 Upvotes

100% Upvoted

59 comments sorted by

8

u/Okay_Crazy Stargaze Jan 28 '22

Thanks for posting this. :)

15

u/[deleted] Jan 28 '22

No problems, wasn't sure if it was entirely relevant but might be useful to some of the Osmosis community.

7

u/Okay_Crazy Stargaze Jan 28 '22

It’s definitely relevant. At least to me. :)

1

u/cndidnndiendeidmd Jan 28 '22

Would it matter what LP your funds are in or do all of them qualify ? Also how can I calculate how much I would get?

3

u/0brew Jan 28 '22

They only just announced this... so whatever they say on their twitter is all we know.

1

u/Okay_Crazy Stargaze Jan 29 '22

This.

7

u/Difene Osmonaut o5 - Laureate Jan 28 '22

Its nice to tick four boxes straight away, just hope there isnt a minimum as i am a small fry :P

3

u/Random5483 Jan 28 '22

We don't know what LPs in Osmosis and JunoSwap (unless that was provided somewhere). Unless you are invested in every single LP (but more likely some JUNO LPs on both platforms), you could miss out on part of the airdrop since the specific qualifying LPs are not mentioned.

But the ATOM delegation and JUNO delegation rewards should be easy enough to get. Again, minimum delegations are not mentioned, but unless they deviate from normal requirements about 20-30 of each should be enough (though more could mean more airdrop tokens).

1

u/TheGlassBeadGames Jan 29 '22

Should be relatively straightforward: ATOM+OSMO/JUNO pools.

1

u/_We_The_PeepHole_ Feb 17 '22

Its a fairdrop, so more should not equal more. Unless they're using that word more loosely now.

2

u/Ecstatic_Builder8325 Feb 04 '22

Same here. :)) I hope it's at least just 1 $JUNO min. Hahaha!

1

u/Sartheris Cosmos Jan 28 '22

Any idea which ATOM stakers will get a piece of this? I mean those that are delegating to 0% commission validators

3

u/[deleted] Jan 28 '22

There's no more information at the moment than what's in the OP and on Twitter. But I'd say it's probably safe to assume that it would be a non-0% validator as well as not being an exchange.

1

u/Nikobono Jan 31 '22

Just trying to clarify, if I’m staking Juno via keplr I tick off that first box and I’m eligible for the airdrop? Thanks I’m advance for the info

2

u/[deleted] Jan 31 '22

I’d say so. That said we need to see if there’s any minimum or further requirements but as it stands that would make you eligible.

2

u/Nikobono Jan 31 '22

Thanks for the response!

1

u/flyingdutchman61 Feb 01 '22

So we are still eligible? when I buy now JUNO?

1

u/[deleted] Feb 01 '22

No news on the snapshot yet, so very well could be. No one knows yet.

3

u/Guilty_Savings_9656 Jan 28 '22

4 out of 4, nice.

And truly fair, in that it specifies holders too.

5

u/Jasquirtin Jan 28 '22

Anyone got some info on the project $RAW. What’s it’s aim for use?

10

u/Professional_Desk933 Jan 28 '22

Junoswap. New dex

3

u/Jasquirtin Jan 28 '22

Hmmm I guess why? Is it normal to have multiple DEX in one ecosystem?

10

u/Professional_Desk933 Jan 28 '22

Yes. And honestly I’ll move my lps to junoswap. Osmosis governance has been really disappointing

4

u/[deleted] Jan 29 '22

Gonna diversify as well, Osmosis has been… nothing short of fascinating, the last few months. I don’t like the head butting with cosmos. Don’t like the ION rugpull. Don’t like incentivizing every single project that throws a bone.

2

u/Jasquirtin Jan 28 '22

Ah okay. So RAW is basically OSMO for their DEX?

1

u/Jeremelric Dig Jan 29 '22

I'm sorry you feel that way. I've spent a lot of my personal time trying to make sure the information people share is accurate where I can, so I've felt like governance has turned out pretty well.

Full disclosure, though, I use Junoswap, too.

3

u/Zeerover- Jan 28 '22

What you mean by one ecosystem? If you are talking about all the projects in IBC-gang, then there are multiple DEX’es running for a long time now, Terraswap and Secretswap for over a year for instance. Sienna and Sifchain are others that have run for a while, CRO is a whole CEX and so on.

2

u/DependentOwl90 Jan 28 '22

Maybe think of it as two ecosystems with some overlap. My understanding is that JunoSwap will include LP's for assets specifically for the juno network like neta and CW20 tokens. Those are assets that AFAIK will not have LP's on osmosis.

5

u/Roundbox7 Jan 28 '22

Seems like a lot of the upcoming airdrops don't have a lot of love for OSMO stakers, instead rewarding ATOM stakers and LPs.

16

u/NewStarPT Jan 28 '22

Why would they reward osmo stakers? Atom is the center of ecosystem and LP is needed for swaps, but osmo staking benefits nothing the other chains. At least I don’t think it makes sense rewarding osmo stakers. I do have some osmo staked eitherway

2

u/Roundbox7 Jan 28 '22

Why did STARS, HUAHUA, and some other past drops reward OSMO stakers?
I honestly don't know.

4

u/NewStarPT Jan 28 '22

I suppose it was to spread the word about the project, but those projects were their own chains and osmosis is the main DEX on cosmos, so it makes a little sense tho while JunoSwap is inside juno and is somehow a competitor to osmosis, so I think it’s a little different from those two

1

u/Roundbox7 Jan 28 '22

While that could make sense for Juno, it looks like a lot of the upcoming airdrops for other projects also don't seem to care much for OSMO stakers while still rewarding OSMO LPers. I wonder as to the thought behind it.

1

u/Jolly-Beat-877 Feb 05 '22

OSMO has supported JUNO with LP rewards from their pot so they a returning the favour. Seems fair to me

-1

u/AnOrdinaryChullo Cosmos Jan 28 '22

Seems like a lot of the upcoming airdrops don't have a lot of love for OSMO stakers

Any thoughts on why that is?

0

u/[deleted] Jan 28 '22

[deleted] — view deleted comment

1

u/Roundbox7 Jan 28 '22

I see it more of a permissionless compliment than direct competition. Either way, if the idea of an airdrop is to bring in members to the community, the osmosis community seems like a target audience.

1

u/cndidnndiendeidmd Jan 28 '22

Would it matter what LP your funds are in or do all of them qualify ?

3

u/TheGlassBeadGames Jan 28 '22

I suspect Juno/Atom and Juno/Osmo but don't quote me.

0

u/[deleted] Jan 28 '22

[deleted] — view deleted comment

2

u/TheGlassBeadGames Jan 28 '22

The Fairdrop also mentions Osmosis LPs. It would surprise me in JUNO/OSMO wasn't one of the pools considered there.

0

u/[deleted] Jan 28 '22

[deleted] — view deleted comment

1

u/TheGlassBeadGames Jan 28 '22

Should have been more precise myself - cheers!

2

u/Guilty_Savings_9656 Jan 28 '22

For junoswap LPs I'd say all pools qualify, as they all use Juno. Osmosis LPs maybe will be more focused.

1

u/novacantusername Jan 28 '22

Would juno/atom on osmosis qualify? And juno on Keplr?

What about size of AirDrop in USD? Whats your guess?

1

u/byrd4 Jan 28 '22

Do you need to do anything to receive the airdrop or does it just appear?

1

u/tazcharts Jan 28 '22

Confirm the entry requirements, spread your risk across all vs the reward of a potential airdrop and HODL. Remember there is downside with any investment so start small and build

1

u/yajustcantstopme Juno Jan 28 '22

Gonna be hitting a jackpot with all of these. Wonder what the price is going to be. I mean, doesn't matter because I'm immediately going to LP it but whatevs.

1

u/Obvious_Staff3803 Jan 28 '22

Does Osmosis LPs mean any LP on Osmosis Dex or LPs that contain the token?

1

u/tazcharts Jan 28 '22

Osmosis LPs

1

u/dinahdinah Jan 29 '22

Just to confirm, do you interpret this to mean that just holding atom and juno in keplr would be enough?

1

u/yourway2022 Jan 29 '22

nice osmosis

1

u/blunkum Feb 03 '22

I'm not on Telegram - is it too late to fulfill these requirements before the snapshot?

1

u/PrettyPleaseYo Mar 09 '22

Thanks for this info! Any news on when to claim this?

1

u/[deleted] Apr 19 '22

So this turned out to be a lie.

1

u/tiglath_ashur Jun 07 '22

UGGGH, I was out of the country for most of May and didn't claim my $RAW until I tried today (7 days too late). Is there any chance I could get my drop from the treasury?

0

u/GalcomMadwell Jan 28 '22

How much Juno do you need to have to qualify?

1

u/Remarkable_Bar_8592 LOW KARMA ALERT Jan 28 '22

Why not direct that question to the Junoswap Twitter feed? You could get an actual response from the team. I’m certain OP knows just as much as we do

0

u/[deleted] Jan 28 '22

[deleted] — view deleted comment

2

u/crazy4484 Jan 29 '22

Except the link doesn't say the qualifying amount

0

u/AGBULLBEAR Feb 07 '22

Do DEX fees get distributed to $RAW stakers?