This grant funds the development of an airdrop eligibility tool designed to empower Hydro users with fast and accurate updates on their eligibility for future Cosmos ecosystem airdrops. Integrated into the SpellDrop explorer (https://spelldrop.xyz/), this tool will enhance ATOM adoption by providing real-time insights into airdrop opportunities for users locking ATOM through Hydro and holding Liquid Shares used for voting.
- Grant Goals:
Enable ATOM delegators locking their ATOM stake in Hydro to instantly view the amount of airdrop-related tokens they may be eligible for.
Cover eligibility criteria based on the claim procedures required by specific Cosmos projects offering the airdrops. - How Will This Project Drive Value for ATOM?
This tool is expected to enhance engagement in the Cosmos ecosystem by demonstrating the additional value ATOM stakers gain through Hydro with airdrops. Hydro already provides users with rewards beyond staking, such as tributes for voting. Highlighting these benefits cumulatively attracts a broader audience and drives greater participation in the ATOM Economic Zone, strengthening its adoption and utility.
