ACX Airdrop — What You Need to Know (It’s Not Too Late to Qualify!)
Tl;Dr — When the ACX token launches it will be the means with which to govern the Across bridging protocol. You can check your airdrop eligibility here. The Risk Labs foundation will work in parallel to the Across DAO until the protocol hits escape velocity.
The Across Bridge and ACX
Across is a bridging protocol that connects chains together using trustlessly enforced, short-term financial contracts. This is why Across Protocol is able to support more volume with the same capital.
ACX token holders will control protocol parameters and approve upgrades. They will also be responsible for DAO treasury management and diversification.
It is our vision for Across Protocol that it meaningfully reduces the network-wide cost of bridging for the Ethereum ecosystem. In this version of the future, the transaction and time cost of bridging is low enough for markets to be efficient across the chains Across supports.
ACX Token
There is to be an initial supply of 1 billion Across tokens (ACX), minted on mainnet.
The Airdrop
The ACX token will be airdropped according to a matrix of criteria measuring early support. These include strategic support in the community, liquidity provision, as well as those who led the way by testing the Across protocol when it was new. You can find the scripts here on GitHub.
On the airdrop dashboard you can connect your wallet and Discord account to see for which metrics you qualify.
Qualify Today — Bridge Traveler
~31,000 addresses qualify for Across’ Bridge Traveler program and have a chance to join the airdrop before November 8, 2022. See this page for more information.
These addresses have a history of bridge use, but have not tried Across. 10,000,000 ACX are going to be shared by those who qualify for the program, and that number doubles to 20,000,000 ACX if at least 30% of the whitelist qualifies by performing a bridge.
Find out if you are a Bridge Traveler
Foundation
When the DAO launches, tokenholders will be in control of protocol parameters and upgrades. Alongside the DAO, the Risk Labs foundation supports a team working on Across, full-time. Risk Labs will work alongside the DAO to iterate on the design of the bridge and drive adoption.
Call for DAO Leadership
Across DAO has an energetic and multilingual community. If you are interested in taking a leadership role in the DAO, we encourage you to fill out this template on the DAO forum.
The Risk Labs foundation and the entire team behind Across would like to thank the community for their early support of the protocol. We are delighted to see that the Across design principles have been embraced, and we are excited for this next leg of our journey together.
Resources
Airdrop Eligibility Page
Airdrop Scripts
Bridge Page
LP Page
Referral Link Page
