Earlier we told you about the drop from AltLayer and waited for the distribution details. And yesterday the team announced the upcoming drop, which will take place tomorrow, and its details.

This is the first season of the drop, i.e. there will be at least the second season, but it is right, because how to keep sibil users in their ecosystem otherwise? Another question is what kind of drop will it be, I'm leaning they will go the Optimism way.

🤔 The first drop is allocated 3% of the total sapplay ($300 million $ALT). That $300 million $ALT will be distributed this way:

▪️ Holders of their NFT (AltLayer OG Badge NFT and Oh Ottie!): 35.47%. No details yet on what ratio the distribution will be.

▪️ Altitude campaign participants: 37.07%. There were 4 phases in total, for which each user was allocated separately:

• Phase 1 - 104,472 participants;

• Phase 2 - 83,418 participants;

• Phase 3 - 150,674 participants;

• Phase 4 - 130,623 participants;

There was no shaving, addresses had to have at least one transaction on the air. It was also shaved if assets were spread from one address to more than 10 addresses.

▪️ EigenLayer Restakers: 13.05%

There were 5 different dashes distributed based on points gained:

• 720 points to 7200 - 22,401 addresses;

• From 7200 to 15,000 - 2,464 addresses;

• From 15,000 to 25,000 - 1,113 addresses;

• 25,000 to 50,000 - 1,129 addresses;

• Over 50,000 - 1,612 addresses.

▪️ EigenLayer Partners: 4.49%.

▪️ TIA Stackers: 9.92%.

Testnet who could. The page for branding should open soon and as early as tomorrow at 1:00pm MST

Translated with DeepL.com (free version)