Transfer of 5.83 Million HOT Tokens for Pre-SNS Airdrop Reward Distribution
Summary
Proposal Overview:
This proposal entails transferring 5.83 million HOT tokens to facilitate the distribution of rewards for the HotOrNot "Pre-SNS Airdrop.”
Transfer Details:
- Transfer Amount: 5,832,757 HOT token or 5_832_757_00_000_000 e8s
- Source Account: SNS Token Treasury (SNS Ledger)
- Destination Account: ndztf-hbboh-svwx2-njiyp-zeo7w-2jvum-64gms-nygf5-vovlj-fpdgb-7qe
Airdrop Background: This airdrop is dedicated to HotOrNot users who participated in the "Pre-SNS Airdrop" campaign, which took place from May 23, 2023, to July 15, 2023. Initially, 10 million HOT tokens were allocated for this airdrop, distributed based on users' COYN token balances. This allocation represented 1% of the total initial supply of HOT tokens.
Revised Allocation: Following successful claims by participants and the submission of their NNS IDs on the platform, it has been determined that 5.83 Mn HOT tokens are eligible for distribution.
Airdrop Details:
- Airdrop Amount: 5.83 Mn HOT tokens
- Eligibility Criteria:
- Users must have completed the airdrop form within the stipulated time period, which was during the HotOrNot Pre-SNS Airdrop campaign from May 23, 2023, to July 15, 2023.
- Users must have subsequently submitted their NNS ID to claim the airdrop through the platform.
- Airdrop Distribution Algorithm: For the distribution algorithm, please refer to HotOrNot’s Airdrop Guide at **https://hotornot.wtf/airdrop-guide**.-
Payload
Proposal to transfer SNS Treasury funds:
Source treasury: SNS Token Treasury (SNS Ledger)
Amount (e8s): 583275700000000
Target principal: ndztf-hbboh-svwx2-njiyp-zeo7w-2jvum-64gms-nygf5-vovlj-fpdgb-7qe
Target account: ndztf-hbboh-svwx2-njiyp-zeo7w-2jvum-64gms-nygf5-vovlj-fpdgb-7qe
Memo: 0
Overview