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tl:dr airdrop

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veTHRUST is not a token, it is a time-weighted amount of THRUST locked. You will receive the same amount of THRUST regardless of lock time.

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  1. Claim THRUST airdrop and stake any nonzero amount for 13-52 weeks
    1. Click “Claim Only” if you do not want to stake full amount, and create a position with 1 THRUST for 13 weeks to do the bare minimum
  2. Claim your THRUST, which will be deposited into your lock
    1. The veTHRUST number will vary — do not worry it is the same amount of THRUST when you unstake.
  3. Now you received 100% of the THRUST rewards, when you reach your unstake date you will get the full THRUST airdrop amount.

It’s Time

The time has come, THRUST is here.

If you were a qualified user of Thruster, you will be eligible to claim THRUST through the frontend interface. Additionally, users who had eligible activity on Hyperlock will claim their full THRUST airdrop entirely through Hyperlock. With the governance token now available, Thruster is excited to announce the launch of veTHRUST and gauges, adopting the veToken system for the Thruster protocol.

Distribution

Thruster will be airdropping 35,000,000 THRUST governance tokens to >135,000 qualifying users of the protocol, representing 7% of the total supply, with 50% in the form of THRUST and 50% in the form of veTHRUST that is min-staked for 13 weeks (about 3 months).

Users who were eligible were based on whether:

Following our emphasis on community involvement, this means that every single recipient of the airdrop will be able to participate in parts of protocol governance, earn a share of protocol fees, and vote on how emissions are directed to liquidity pools from day one. To see more about the token breakdown go to https://foundation.thruster.finance.

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Group Category % of Total Supply (500,000,000 THRUST)
Community (55%) Airdrop 7% (35,000,000 THRUST)
Liquidity Management 5% (25,000,000 THRUST)
Gauge Emissions 40% (200,000,000 THRUST)
Ecosystem Growth 3% (15,000,000 THRUST)
Contributors (25%) Contributors 25% (125,000,000 THRUST)
Strategic Partners (20%) Investors & Advisors 20% (100,000,000 THRUST)

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