The airdrop is a free distribution of SVG governance tokens to early participants in the SVT Protocol. It rewards people who have contributed content to the protocol or supported content by becoming a Herald.
Eligibility
To qualify for the airdrop, you must meet one of the following criteria:
- You have authored at least one SVT (minted a post on the protocol)
- You currently herald at least one SVT
Claim Amount
Every eligible claimant receives 250,000 SVG: the same fixed amount for everyone, regardless of how many SVTs you have authored or heralded. There is no tiered system or bonus for larger participation.
Once the airdrop is closed, the final total token supply will be determined. It scales with the number of claimants, so that initial claimants hold 25% of all tokens. See the SVG Token page for the full distribution breakdown.
How It Works
Phase 1: Open Claim Period
Eligible users claim their allocation by submitting a transaction on-chain. No tokens are minted yet, claims are simply recorded. You can claim at any time while the airdrop is open.
Phase 2: Airdrop Closes
The founder triggers the close of the airdrop. This single transaction:
- Calculates the final allocations (25% community, 20% founder, 55% DAO treasury)
- Mints the entire SVG token supply
- Starts the vesting clock
From this point, governance is activated and the deployer's admin access is permanently revoked. The protocol becomes fully community-governed.
Phase 3: Vesting
Your 250,000 SVG tokens vest linearly over 4 years. As time passes, more tokens become available for you to release (withdraw to your wallet). There is no cliff: vesting begins immediately when the airdrop closes.
You do not lose voting power on unvested tokens. Your full allocation counts towards governance participation until you release tokens, at which point voting power transfers from the vesting contract to your SVG token balance.
Vesting Details
| Detail | Value |
|---|---|
| Schedule | Linear, over 4 years |
| Cliff | None, vesting starts on aidrop close |
| Release | Withdraw your vested tokens at any time |
| Voting | Unvested tokens still count as voting power |
Planned Future Airdrops
This is the first of multiple planned airdrops. The DAO treasury holds 55% of all SVG tokens, which are released in 8 steps over 4 years; approximately one batch every 6 months. The community will vote on how to distribute each batch, to reward new active protocol participants and include them in the DAO's decisions.
Learn more: SVG Token for token details and distribution | Community Governance for how the DAO works