Pyth Retrospective Airdrop: Phase 2 - Decentralized Applications
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 starting November 2023. It is an honor to work with so many developers who are passionate about pushing the boundaries of decentralized finance and Web3 capital markets.
Readers can soon expect their favorite #PoweredByPyth apps to announce their receipt of PYTH Governance Tokens and their plans for what they will do with their PYTH Tokens. This blog post will discuss the details of the second phase of the Retrospective Airdrop program.
Pyth Retrospective Airdrop
November 2023 saw the launch of 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. To date, more than 51 thousand users have claimed more than 163 million PYTH Tokens (65% of the total airdrop).
The first phase of the airdrop program oversees the distribution of PYTH Tokens to DeFi participants, from EVM to Cosmos, Move to Solana, who interact with these Pyth-powered applications. Active community members of the Pythian community also receive allocations. You can read more about eligibility requirements in this guide .
The second phase of the airdrop program involves the distribution of PYTH Tokens to over 160 decentralized applications using Pyth Data. The application relies on Pyth price data to secure its protocol operations, typically for transactions, asset valuation, and on-chain settlement.