Cryptocurrency Q&A
Who is eligible for AltLayer?
Who is eligible for AltLayer?
Stefano
Thu Jun 20 2024
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7 answers
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Could you elaborate on who specifically is eligible to participate in AltLayer? Are there any prerequisites or qualifications required? For instance, is it open to retail investors, high-net-worth individuals, institutional investors, or a combination of these? Additionally, are there any geographical restrictions that limit access to AltLayer? Clarifying these details would help potential users determine if they meet the eligibility criteria to take advantage of AltLayer's services.
7 answers
Michele
Sat Jun 22 2024
Eligibility for the airdrop is contingent upon community members having staked TIA either natively or through the LST provider MilkyWay.
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BlockchainMastermind
Sat Jun 22 2024
The key criterion for eligibility is the staking status prior to the snapshot time, which is specified further below.
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Silvia
Sat Jun 22 2024
Members who have actively participated in staking TIA and maintained a minimum balance of 35 TIA at the snapshot point are qualified to receive the ALT airdrop.
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Federico
Sat Jun 22 2024
The snapshot time represents a fixed moment in time, serving as a reference for determining eligibility.
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Dario
Fri Jun 21 2024
This ensures fairness and transparency in the distribution of the airdrop rewards.
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