CARD Airdrop Summary

Reviewing the results of Airdrop #1 & Airdrop #2

Cardstack Team
Cardstack
3 min readApr 7, 2022

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On March 11th, we announced a 10,000,000 CARD airdrop to early Card Pay and Card Wallet users. This announcement was part of our 2022 Roadmap, where we scheduled a retro drop for Q1 of this year.

The Airdrop #1 and Airdrop #2 tokens are now available to be claimed through Card Wallet. Claiming opportunities for Airdrop #1 and Airdrop #2 are available for the next 30 days. All rewards that are not claimed within the claim window will be returned to the reward pool for future incentives. For more instructions, see Card Reward Claiming.

Reviewing the results of Airdrop #1 and Airdrop #2

Airdrop #1: 6,000,000 CARD.CPXD

  • 347 Eligible Users
  • Average Claim: 17,291.06 CARD.CPXD
  • Max Claim: 790,507.36 CARD.CPXD
  • Min Claim: 4,909.98 CARD.CPXD

Airdrop #2: 2,000,000 CARD.CPXD

  • 1,434 Eligible Users
  • Average Claim: 1,394.70 CARD.CPXD
  • Max Claim: 72,657.74 CARD.CPXD
  • Min Claim: 382.41 CARD.CPXD

Note: All Cardstack employee wallets were ineligible for the airdrop. These wallet addresses are able to claim 250 CARD.CPXD as part of continued testing. However, these tokens were added to the pool in addition to the 10M reward tokens.

More Details About the Airdrop

The Airdrop Reward Period is November 9, 2021 to May 7, 2022. There will be 3 airdrops based on activities during the Airdrop Reward Period.

Airdrop #1: 6,000,000 CARD — COMPLETE

  • Reward Period: November 9, 2021 to March 7, 2022
  • Airdrop #1 is for payment activity that occurred using Card Wallet between block 1726598 and block 20986720 on Gnosis Chain. This is a retroactive airdrop for users who have helped us get to this point.

Airdrop #2: 2,000,000 CARD — COMPLETE

  • Reward Period: March 7, 2022 to April 7, 2022
  • Airdrop #1 is for payment activity that occurred using Card Wallet between block 20986721 and block 21505767 on Gnosis Chain. This is a retroactive airdrop for users who have helped us get to this point.

Airdrop #3: 2,000,000 CARD

  • Reward Period: April 7, 2022 to May 7, 2022
  • We will announce the snapshot block for Airdrop #3 on May 7, 2022. Airdrop #3 is for payment activity that occurred using Card Wallet during the Reward Period that begins with block 21505768 on Gnosis Chain.

More about Card Pay

Launched in November 2021, the Card Pay Protocol is an Ethereum Virtual Machine (EVM)-compatible payments solution currently deployed on Gnosis Chain. The solution allows users to leverage a built-in fiat onramp and facilitate direct payments to merchants. Card Pay’s companion app Card Wallet is a mobile application for blockchain payments that offers customers and merchants a first-of-its-kind gasless payment experience, thus bringing fast, easy, and cheap Web3 payments to the masses. Together, Card Pay and Card Wallet give shape to an entirely trustless payment ecosystem.

What are CARD.CPXD tokens?

The CARD.CPXD token is a token that has been bridged from Ethereum Mainnet to Gnosis Chain through the Card Bridge Protocol. Therefore, it is a CARD token from mainnet, wrapped in the Card Protocol on xDAI (now Gnosis Chain). If desired, CARD.CPXD tokens can be withdrawn from the protocol though the Card Pay dApp, using the withdrawal function that bridges the tokens back to Ethereum Mainnet.

How do I claim the airdrop?

The airdrop will be claimed through the Card Wallet mobile application. We will publish additional information in the coming weeks with detailed instructions on how to claim the rewards.

We hope this airdrop demonstrates how much we value our users and their engagement as we continue to develop our products.

If you have any questions, please feel free to reach out to the Cardstack team via our Discord channel.

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Cardstack Team
Cardstack

Official account for the team behind the Cardstack project.