Today marks the launch of the second phase of the Pyth Network Retrospective Airdrop. Over 160 decentralized applications using Pyth Data are eligible to receive PYTH Tokens as part of this airdrop program from November 2023. It is an honor to work closely with so many passionate developers pushing the boundaries of decentralized finance and the Web3 capital markets.
Readers can soon look forward to their favorite #PoweredByPyth applications announcing their receipt of PYTH Governance Tokens and their plans on what they will do with their PYTH Tokens. This blog post will walk through the details of the second phase of the Retrospective Airdrop program.
Pyth Retrospective Airdrop
November 2023 oversaw the launch of the the Pyth Network Retrospective Airdrop, the largest cross-chain airdrop of its kind, covering over 90K eligible wallets across 27 blockchains in its initial phase. As of today, more than 51K users have claimed over 163M PYTH Tokens (65% of the total airdrop).
The first phase of the airdrop program oversaw the distribution of PYTH Tokens to DeFi participants, from EVM to Cosmos, Move to Solana, who interacted with these Pyth-powered applications. Active community members from the Pythian community also received allocations. You can read more about the eligibility requirements in this guide.
This second phase of the airdrop program involves the distribution of PYTH Tokens to more than 160 decentralized applications using Pyth Data. These applications rely on Pyth’s price data to secure their protocol operations, typically for transactions, asset valuation, and on-chain settlement.
Who is Eligible?
The 160+ applications eligible for the second phase of the Retrospective Airdrop program span a number of DeFi use cases, including DEXs, borrow/lending, structured products, stablecoin protocols, and even data analytics and decision intelligence.
The eligible dApps can be found below. Readers can look forward to many of these app teams and founders, if not all of them, announcing their own activities and roadmaps on how they will use their PYTH Token allocations.
Readers are strongly urged to exercise caution and be on the lookout for fraudulent actors. Please always ensure that any websites related to the Pyth Network that you visit have the pyth.network domain. Please also verify that any official Pyth Network social channels you visit are stated in the official community hub. Pyth Network community moderators will never ask you for personal information or message you first.
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