Evmos

Evmos Airdrop

Team: Tharsis Labs
Category
Layer 1
Status
Archived
Chain
Cosmos
Difficulty
Funding
TBA
Rating
N/A
Tasks4
No ratings yet

Evmos Airdrop Timeline

Evmos announced

2021

Completed

First mainnet attempt halts

Mar 2022

Completed

Chain relaunches

Apr 2022

Completed

Rektdrop claims open

Apr 2022

Completed

About Evmos

Evmos brought an Ethereum compatible execution environment to the Cosmos ecosystem, letting Solidity contracts run on a chain that could talk to the wider Cosmos network.

Its distribution was named the Rektdrop, and the criteria were unlike anything before it. Alongside the usual ATOM stakers and Ethereum users, allocations went to people who had been on the losing side of major exploits and failed launches, including victims of several high profile DeFi hacks.

The first mainnet attempt halted within days after a bug in the token distribution logic, and the chain relaunched in April 2022 with the distribution reworked. It remains the clearest example of an airdrop used to make a statement rather than simply to bootstrap.

Airdrop Stats

Exploit victims and stakers Eligible
~30M EVMOS Total Distributed
$90M Total Value at TGE
TGE details for the EVMOS airdrop
TGE details for the EVMOS airdrop

Evmos launched with a 200M genesis supply split community-first: a massive 50% Rektdrop (100M) one of crypto's most famous airdrops, rewarding Ethereum gas spenders, Osmosis users, and even victims of rug-pulls (Iron Finance, Pickle, etc.) plus a 40% Strategic Reserve and 10% Community Pool. There was no genesis team or investor allocation; instead the team is funded through ongoing block emissions, which distribute newly minted EVMOS as Staking Rewards 40%, Team Vesting 25% (4-year), Usage Incentives 25%, and Community Pool 10%. Supply grows from 200M toward a ~1B target by year four on an exponential-decay ("Half-Life") inflation schedule. Evmos is an EVM-compatible Cosmos L1; rektdrop claims opened March 1, 2022.

EVMOS token allocation at TGE
EVMOS token allocation at TGE

How it worked to get the Evmos airdrop

Step 1

Stake ATOM or use Cosmos chains

Stakers across the Cosmos ecosystem formed the base of the Rektdrop allocation.

Step 2

Or have been caught in a covered exploit

Wallets affected by several major hacks and failed launches received allocations, which is what gave the distribution its name.

Step 3

Hold activity on Ethereum

Ethereum users qualified separately, reflecting the chain's EVM compatible positioning.

Step 4

Claim after the relaunch

The first mainnet halted within days over a bug in the distribution logic, and claims reopened when the chain relaunched in April 2022.

Was the Evmos airdrop worth it?

  • The criteria made a point. The Rektdrop routed allocations to people who had lost money in major exploits and failed launches, alongside ATOM stakers and Ethereum users. No other distribution of the period used loss as an eligibility signal.
  • The first attempt failed outright. Mainnet halted within days of launch over a bug in the distribution logic, and the chain relaunched in April 2022 with the allocation reworked. Anyone tracking the original snapshot had to start again.
  • The statement outlasted the chain. Evmos did not hold the position it launched with, but the Rektdrop is still cited whenever a team argues an airdrop should mean something beyond bootstrapping.

Evmos Official Links

Official channels, documentation and community for this airdrop:

This airdrop has concluded. It is kept for research rather than participation.

Why we built Airdrop Meta

Why We Built Airdrop Meta

36 million HYPE tokens went unclaimed over a missed T&C signature. That is $1.2 billion lost to a single update, and one of many such cases.

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