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airdrop

Airdrop is a cryptocurrency distribution strategy where project teams distribute tokens for free to specific user groups to increase the project's visibility and user engagement. Typically, Airdrops are distributed to users holding specific tokens or participating in specific activities. The goal is to promote the ecological development and market liquidity of the project by increasing the number of token holders. Airdrops are also commonly used to reward early supporters or incentivize users to participate in the governance and development of the project.
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Bitwise and Hyperliquid request the SEC to amend cryptocurrency regulations: focusing on token classification, airdrops, and secondary market trading

The asset management company Bitwise Asset Management and the Hyperliquid Policy Center submitted a comment letter to the U.S. Securities and Exchange Commission (SEC), requesting modifications to the proposed cryptocurrency rules to clarify token classification, airdrops, and secondary market trading rules. The SEC's proposed Regulation Crypto Assets would establish exemptions for eligible cryptocurrency financing and provide a conditional safe harbor for tokens related to investment contracts.Bitwise requested clarification on the standards for investment managers to determine whether tokens are subject to securities laws. The Hyperliquid Policy Center called for an expansion of the safe harbor scope and clarification of the rules for airdrops and token buybacks that reward network participants. The organization also requested that the SEC clarify whether unregistered intermediaries can facilitate token trading and whether tokens can be freely traded through on-chain protocols. Former SEC enforcement official John Reed Stark and Duke University finance scholar Lee Reiners called for the proposal to be withdrawn, arguing that it exceeds the SEC's statutory authority and undermines investor protection. The SEC will decide to amend, adopt, or withdraw the rules after the public comment period ends, and the final rules must be voted on by the commission before taking effect.

Gate Gold Dog launches dual activities: Trade Robinhood chain tokens to draw mystery boxes, SOL chain trading competition unlocks up to 50,000 USDT airdrop

According to the official announcement, Gate Doge (Trenches) will hold the 67th Hot Coin Competition from October 19, 16:00 to October 22, 16:00 (UTC+8). After registering, users can trade all Robinhood chain tokens in the Doge area to earn chances for a blind box lottery based on their cumulative trading volume, sharing a total airdrop reward of 30,000 USDT.Users who did not register with an invitation code can earn 1 regular blind box lottery chance for every cumulative trade of 200 USDT, while users who registered with an invitation code can earn 1 premium blind box lottery chance for every cumulative trade of 500 USDT. Both types of users can earn a maximum of 12 lottery chances during the event, with a winning rate of 100%.At the same time, the Gate Doge SOL chain peak trading competition will be held from October 19, 18:00 to November 2, 16:00 (UTC+8). Users who register and trade SOL chain tokens in the Doge area can unlock an airdrop prize pool worth up to 50,000 USDT. Once the effective cumulative trading volume of all registered users reaches a certain threshold, the corresponding tier prize pool will be unlocked, based on the highest tier reached at the end of the event.In addition, users with an effective cumulative trading volume of 40,000 USDT can participate in the trading ranking, with the top 100 qualifying users receiving rewards, and the champion can win an airdrop worth up to 10,000 USDT.

first_img Cross-chain stablecoin bridge Cashmere announced its roadmap, which will launch Mountain and the token $CSM

Cross-chain stablecoin bridge Cashmere announces expansion plans, with the automated liquidity product Goat LP set to open to all users, followed by the launch of the main product Mountain and the token $CSM. Cashmere Bridge currently supports zero-slippage stablecoin transfers across 16 chains, and Goat Street features 6,666 goat NFTs on the Robinhood Chain. The team states that there is currently no official $CSM, and the related arrangements are part of the current plan and may change.Goat LP targets Uniswap v3 and v4 positions on the Robinhood Chain, with positions remaining in users' wallets as Uniswap NFTs. Automatic reinvestment incurs a 10% reinvestment fee, with Gas covered by the project team; automatic adjustment of ranges and automatic exits both incur a 0.15% fee. The official description refers to it as experimental software. The Mountain code has completed testing and will undergo external auditing before going live. Barn is a soulbound NFT with a maximum of 10 slots, and after issuance begins, new $CSM will be distributed every second. Goat NFTs can be permanently bound to receive issuance shares and cannot be sold or withdrawn after binding.The plan is to issue 1,000 founding Barns, with a guaranteed slot price of 0.125 ETH, whitelist at 0.25 ETH, and public auction prices dropping from 1.5 ETH to 0.25 ETH. $CSM will begin trading through the official Uniswap v4 ETH pool, while market making and tokens on Anvil have been canceled and redeployed due to technical issues. The maximum supply is planned at 666 million, with 10% allocated for official pool liquidity, 25% for the team and treasury with designated ownership, and 65% issued as the system operates. The team also plans to airdrop to Barn participants, Goat Street activators, and early users, with wallets that have listed goat NFTs on OpenSea being excluded.

first_img The perpetual contract platform StandX announced that it will gradually cease operations and conduct a one-time DUSD airdrop for the community

The perpetual contract platform StandX announced a one-time DUSD airdrop to the community, where users can claim the full amount with no lock-up. The distribution criteria include pre-deposits, Alpha, mainnet trading, market making, and referral activities. All amounts must pass anti-whale and volume manipulation checks, and amounts for abnormal accounts may be adjusted or canceled. StandX also stated that it has decided not to issue tokens, and the airdrop funds come from the project's remaining income and additional contributions from the team.StandX stated that after the mainnet goes live in November 2025, it has served over 237,000 users, with a peak TVL exceeding $200 million, and no security incidents have occurred during its operation. Airdrop inquiries will open on October 26 at 00:00 (UTC), with the claiming period from November 1 at 00:00 to December 31 at 08:00 (UTC). Claims not made within this period will be considered forfeited. Users must use the BNB Chain or Solana wallet address used on StandX to claim.StandX also announced that it will gradually cease operations after assessing business and market conditions. From October 15, all types of earnings will stop, and new deposits to the treasury will be closed. From October 20, perpetual contracts will enter a mode of only reducing positions. All remaining positions will be liquidated at the marked price on January 15, 2027, and January 31, 2027, will be the deadline for DUSD redemption and asset withdrawal. The official reminder is to claim the airdrop only through standx.com.

Aster updates the token unlocking plan, and RootData adjusts the data synchronously after official confirmation

Recently, the Aster team provided feedback to RootData regarding some adjustments needed in the previously released token unlock data. After receiving the feedback, RootData verified the information against Aster's official documentation and several similar token unlock data platforms, finding no significant discrepancies between the previously recorded information and the publicly available documents at that time.Subsequently, RootData communicated further with the Aster official team and updated the on-site Aster token unlock data based on the latest confirmed information from the project team. Currently, some third-party token unlock data platforms have not yet synchronized this official document adjustment, making RootData one of the earlier platforms to complete the relevant data updates.This adjustment mainly involves two categories: Airdrop and Ecosystem & Community, with the specific changes as follows:1. Airdrop Category Adjustment: Split into "Founder's Airdrop" and "Governance Airdrop"Based on the latest confirmed information from Aster, RootData has re-split the original airdrop category into "Founder's Airdrop" and "Governance Airdrop."The previous official document indicated that after the Aster TGE, eligible participants would immediately receive 8.8% of the total allocation, with the remaining tokens in this category gradually released over the next 80 months, with specific release times potentially adjusted based on protocol governance.The latest official document adjustment states that the remaining ASTER tokens in this category will be reserved for airdrops, but the protocol governance body may adjust the relevant arrangements in the future.Therefore, RootData will no longer track the unlock data for the governance airdrop portion according to a fixed release cycle, and will instead dynamically update based on Aster's official announcements and governance decisions.2. Ecosystem & Community Category Adjustment: Split into Ecosystem & Community 1 and Ecosystem & Community 2Previously, the Aster Ecosystem & Community category (excluding the APX to ASTER conversion part) adopted a linear release model, planning to gradually unlock over 20 months. This model has been executed for 4 months (from October 2025 to January 2026), after which it will be adjusted to a reward distribution model based on staking mechanisms.According to Aster's current staking mechanism, the longer the user locks their tokens, the higher the loyalty reward APY they can receive. Since this allocation mechanism has shifted from a fixed linear release to a staking incentive model, RootData will no longer track the fixed unlock cycle for Ecosystem & Community 2 as originally planned, and will adjust based on the latest official announcements.It is reported that Aster completed its token TGE on September 17, 2025. Since its launch, Aster has made multiple adjustments to its token economic model, including extending the team token lock-up period by 12 months, adjusting the release method for ecosystem and community tokens, and redefining the governance arrangements for the remaining airdrop tokens.RootData stated that adjustments to the token economic model as the project develops and governance needs arise are common in the industry; the key is whether the project team can disclose relevant changes in a timely and transparent manner. RootData also encourages project teams to proactively submit token unlock plans and change information to help the community and users better understand token supply and release situations.
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