Parachute Dropis an *airdrop in platformrunning on Evmospurposed to enhance economic sustainability for DAOs and projects.- Launch your own DAO and airdrop tokens in serveral pre-scheduled batch rounds run dividedly / fully on-chain, only with some initial settings.
- More and more projects are using airdrop to distribute their tokens and initiate their token economy.
- However, airdrops are not working very ideally on many projects as people tend to sell airdropped tokens right after they got them, without contributing or participating on the DAO governance.
- However, you cannot perfectly identify and exclude people from airdrop who are willing to sell their tokens.
- Selling airdropped tokens in a short term could damage the sustainability of projects and distort the token economy.
- Also, many DAOs and projects make token receivers delegate their voting powers during the airdrop process. But receivers won’t change their delegation and neglect it.
- We suggest 4 main features to solve the problems:
- Divide airdrop into 10 ~ 15 rounds with intervals for 3 or 6 months b/w each rounds. (1 week for each round) 1.1. Divided airdrops are executed as scheduled at the initial contract deployment, without additional off-chain operations.
- You must delegate your token before receiving airdrops. (in case of governance token)
- DAO/projects would check whether airdrop receivers have sold their tokens or not when the next round has begun.
- Receivers would get token proportionate to amounts of tokens they have been holding during the interval, and delegate its token to another one. (in case of governance token)