Introduction:
- Project Name: Balancer
- Project Use-Case: Layer Zero is used to bridge veBAL balance cross chain for use in boost in gauges. BAL on AVAX is also an OFT, which is integrated into our gauge system to deliver BAL based on Mainnet voting there.
Purpose of Distribution:
- Distribution Plan
- 90% evenly distributed to addresses that sent LayerZero messages
- 10% to the 2 devs who worked on the LZ integration
- Justification of Distribution
- A total of 217 addresses have transacted with the Balancer Protocol in a way that involved sending layer zero messages. We suggest that the available airdrop is split evenly between these addresses.
- Of these addresses, 2 are smart contracts deployed in the Aura Protocol that can not claim an airdrop. These contracts are deployed by Tetu and Aura DAOs. We have replaced these smart contracts with the treasury multisig for each protocol: Aura
List of Addresses Per Distribution Category:
- This google sheet includes lists for both the 90% community drop and the 10% dev drop in the format specified.
- Please contact us if you’d prefer another format.
Note that this is a suggestion made by the Balancer Maxis at the request of Layer Zero and was not approved by Balancer Governance. This is by no means a directive to LayerZero on how to distribute tokens, simply a suggestion of how to best align said airdrop with LZ users on Balancer.