Bengaluru, India, March 14th, 2025,
Chainwire
Shardeum, a Layer 1 blockchain network
with a growing global community, is preparing for its mainnet
launch with a structured airdrop campaign aimed at early
contributors. A total of 5.5 million SHM tokens will be distributed
across 63,000 eligible wallets, making it one of the more extensive
community-driven distributions in the space. The initiative is
designed to acknowledge and reward participants who have engaged
with Shardeum’s testnets since its inception.
The airdrop has been structured in two distinct phases, each
catering to different groups of contributors:
- Phase 1 recognizes the efforts of those who
participated in the Liberty Alphanet and Sphinx Betanet from
February 2022 to June 2024. A snapshot of these early adopters was
taken on June 22, 2024, determining their eligibility for a total
allocation of 3.3 million SHM.
- Phase 2 focuses on those who engaged with
Shardeum’s Atomium Incentivized Testnet (ITN) from June 2024 to
March 2025, with a snapshot taken on March 1, 2025. Participants in
this phase stand to receive a combined total of 2.1 million
SHM.
Shardeum has outlined how tokens will be distributed among
different types of contributors. Those involved in on-chain
activities, such as executing transactions, interacting with smart
contracts, and maintaining active participation during Phase 1 as
well as being among the top performers in the Incentivized Testnet
(ITN) quest platform will receive their share based on network
interactions and engagement levels.
Validators, who have dedicated time and resources to running
nodes, will be rewarded according to node hours, participation
across network versions during Phase 1, and their overall
contribution during the Incentivized Testnet quests to the network
stability.
Off-chain contributors, including content creators, community
moderators, and those involved in marketing efforts, are also
recognized, with allocations based on factors such as consistency
and impact.
Ensuring fairness in distribution, Shardeum has implemented a
strict exclusion policy to prevent abuse and Sybil attacks. Wallets
belonging to the Shardeum Foundation, its partners, and sanctioned
entities have been disqualified from participation. Additionally, a
multi-layered Sybil detection process has been put in place,
leveraging advanced clustering algorithms and machine learning
models to detect fraudulent activity across various blockchain
networks.
Next Steps
For those eligible, registration for the airdrop is a
straightforward process. Between March 14 and March 21, 2025,
participants can visit the official airdrop registration
page, connect their wallet, and verify their
eligibility.
Upon successful registration, SHM tokens will be automatically
allocated and distributed at the Token Generation Event (TGE).
Those who miss the initial window but register between March 22 and
April 13, 2025, will still receive their tokens, with a delayed
distribution scheduled for June 2025.
While this airdrop marks a significant milestone, it represents
just the beginning of Shardeum’s broader incentive initiatives.
With over 19 million SHM allocated for future
campaigns post-mainnet, the network aims to further support
ecosystem growth and engagement. Additional incentive programs and
reward mechanisms are expected as Shardeum continues to
develop.
Shardeum has also issued a caution regarding potential scams and
unofficial sources. Participants are advised to register only
through the official airdrop portal and stay
informed via Shardeum’s verified communication
channels. As the mainnet launch approaches, the network
continues to focus on ensuring a fair and transparent distribution
process for its contributors.
About Shardeum
Shardeum is an
autoscaling EVM-based layer-1 blockchain. Dynamic state sharding
helps keep gas fees low and TPS high as participation grows.
Shardeum performs consensus at the transaction level and lowers the
computational power needed for validator nodes. This consensus
mechanism makes it possible for anyone to run a node while
increasing decentralization.
Contact
Director of
Communications
Priyanka
Sharma
Shardeum
media@shardeum.org