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    SAIL Airdrop ⛵️

    💡In this dashboard, we evaluate the distribution of the SAIL token among the Clipper community. Was this distribution fair❓ /Are airdrop hunters filtered out❓ /How many users sold their tokens immediately❓ 🔎And many other questions that are answered in this dashboard.

    ⛵️What is Clipper?

    Clipper is a DEX designed specifically for blue-chip token swaps (e.g. ETH, WTBC, USD Stables, etc), which comprise 70% of all on-chain trading volume. Clipper’s novel architecture incorporates prices formed off-chain for these assets into a sophisticated formula and validates them on-chain. This removes the need for arbitrageurs and ensures lower gas fees for traders. On Clipper, traders can expect no whales or bots front-running their trades, and liquidity providers take home superior yields with no impermanent loss. Clipper was initially developed by Shipyard Software and licensed to AdmiralDAO.

    📌 Refrence

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    🎈SAIL Airdrop

    SAIL, the governance token of AdmirralDAO, was airdropped to the Clipper community. AdmiralDAO has issued its governance token - SAIL. This is an important milestone for AdmiralDAO, the DAO behind Clipper DEX, and a huge step for the Clipper community in assuming control of the DAO’s flagship project. SAIL holders will form the full membership of AdmiralDAO.

    🎁Airdrop Phases

    • The SAIL airdrop is divided into two main phases: an initial airdrop on Ethereum Mainnet (L1) and subsequent airdrops on affiliated chains (L2s).

    • To be part of the initial airdrop phase, individuals needed enough ETH in their wallets to cover gas for claiming SAIL on Ethereum Mainnet. If eligible but lacked enough ETH, they'll receive the same SAIL amount in the L2 drop.

    • All eligible community members will receive their SAIL distribution. L2 distributions are chain-specific to accommodate active members who missed the L1 airdrop.

    • The SAIL airdrop totals 100 million tokens. Half are immediately available to recipients, while the other half vests linearly over 24 months, encouraging long-term participation.

    • 85% of the airdropped supply was distributed in the first phase. The remaining 15% is reserved for L2 airdrops, pending practical considerations.

    • There's a distinct airdrop for Adventure 4 participation, with distribution determined by the community through the DAO.

    • The DAO aimed to reward value-adding contributions and made efforts for an inclusive airdrop, not optimized for quick selling. Phasing the distribution allowed community feedback.

    • The DAO acknowledges imperfections but sought community involvement at each stage, balancing certainty and timing.

    • The DAO will address valid eligibility claims after completing the L2 airdrop phases.

    📌Refrence