This is a unique program for #SpaceCatch community that will take place exclusively on-chain. As the re-launch of the $CATCH token approaches, you need to know what’s coming. To be fair to our entire community, the start (Genesis snapshot) of the Diamond Hands Program is planned for 48 hours after the announcement of token distribution by the last exchange (note that this condition may change if necessary).

On this day, after the subsequent two-day period ends, an on-chain snapshot of all $CATCH token holders, including $CATCH staking, will be taken. Subsequently, unannounced snapshots will be conducted over the following weeks and months to monitor compliance with the conditions of this campaign.

It will be very important to have your tokens locked in staking! For each staked $CATCH token during the snapshots, you will earn 3 points, and for $CATCH tokens held in your wallet outside of staking, you will earn only 1 point. This is purely an on-chain matter; tokens on a centralized exchange do not count!

Keep in mind that you must not fall below the number of tokens you had during the Genesis snapshot. If you fall below this level in any of the subsequent periodic snapshots, you will be automatically excluded from this campaign and will not be eligible for a reward.

2 000 000 $CATCH Tokens

We have allocated 2,000,000 $CATCH tokens for rewards in the Diamond Hands Program, which will primarily be paid out from Team tokens. We decided to do this because the fault was partly ours, and we want to fully compensate our community. These tokens will be divided into 3 periods and paid out in a lump sum without vesting:

#Stage 1 — 400,000 $CATCH tokens (90 days period) #Stage 2 — 600,000 $CATCH tokens (180 days period) #Stage 3 — 1,000,000 $CATCH tokens (365 days period)


Example During the Genesis Snapshot, User A holds 100 $CATCH tokens in their wallet, and User B holds 50 $CATCH tokens in their wallet and 50 tokens in staking. Both users successfully complete Stage 1 and will divide the rewards as follows: User A held the same number of tokens the entire time and earned 100 points. User B also held their tokens without change and earned 50 + 150 points = 200 points. User A will receive 33.4% of the reward pool tokens, and User B will receive 66.6% of the tokens.


During the series of snapshots for Stage 2, User B sold part of their tokens, dropping below the Genesis snapshot value of 100 tokens. Because of this, they are no longer eligible for rewards from Stage 2 and Stage 3. User A still holds their token count and thus earns the full share from both stages.

Only the real Diamond hands will win

As you can see from the example above, with the increasing number of tokens in the rewards over the 3 stages, it is very likely that some users will not manage (or want) to hold the same or higher number of tokens for such a long period. In practice, this will mean that the reward ratio will be much higher for Stage 2 and Stage 3 than the size of the rewards.

We have designed this program to reward the biggest supporters the most from the SpaceCatch community.