Updated Theta mainnet details, snapshot block height, and 1:5 Theta Fuel airdrop
The Theta mainnet launch is less than two weeks away, and we have some more exciting updates for the community coming this week. Here is a quick summary of the mainnet launch schedule and details:
March 12th: To determine Theta tokenholders, a snapshot of the Ethereum blockchain will be taken at Ethereum block height 7,356,258, which is estimated to occur at approximately 7PM UTC on March 12th.
March 15th: The Theta native blockchain will launch at approximately 7PM UTC. For each ERC20 Theta Token you held at the time of the snapshot, you will automatically receive Theta Tokens on the Theta mainnet at a 1:1 ratio. You will also receive an airdrop of Theta Fuel, the operational or ‘gas’ token of the protocol, at a 1:5 ratio. Example: if you hold 1,000 ERC20 Theta Tokens at the time of the snapshot, you will receive 1,000 mainnet Theta Tokens as well as 5,000 Theta Fuel.
The Theta Team