$ORAIX Fairdrop Announcement #11: Snapshot retake for $OSMO & $JUNO holders

Oraichain Labs
1 min readMay 27, 2022

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In regard to snapshots for OSMO and $JUNO communities, we would like to announce some updates related to previous snapshot results, which were respectively taken on:

1. We recently found out that the current database configuration for $OSMO and $JUNO unfortunately doesn’t contain enough holders’ information, which will cast effects on the exact fairdrop amount for each wallet.

2. As these were random snapshots, we would like to re-take the snapshots for $OSMO & $JUNO to ensure accurate calculation and distribution of ORAIX Fairdrop Program instead of proceeding ORAIX Fairdrop Program without the sufficiency of eligibility data.

- New snapshots: One for $OSMO and one for $JUNO;

- Snapshot date: at any time until the ORAIX listing event

- Token types to be snapshotted: Delegated & Undelegated $OSMO on Osmosis and Delegated & Undelegated $JUNO on Juno network.

- New snapshot results: TBA

Summary:

- Old snapshots of $OSMO & $JUNO will not be used for fairdrop eligibility & calculation. Instead of them, we will proceed with new snapshot results.

- The snapshot replacement may lead to a change in your snapshotted amount.

We are sorry about this inconvenience & thank you for understanding $OSMO $JUNO 🦾

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Oraichain Labs
Oraichain Labs

Written by Oraichain Labs

Layer 1 of AI blockchain oracle and Trustworthy Proofs. Find us at: https://orai.io | https://blog.orai.io

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