The Swan launch airdrop

Campaign terms

Check your address

Eligibility

  1. Only addresses on the snapshot list can qualify. The list was taken on Ethereum mainnet at block 26,226,951 (19 October 2026, 13:34:35 UTC) and covers the supported positions listed below.
  2. A qualifying address keeps at least 1,000 sSwanUSD for 7 continuous days. The threshold is measured in sSwanUSD token units, not dollar value or the underlying swanUSD amount.
  3. sSwanUSD held directly and sSwanUSD deposited in the SWAN-rewards staking contract both count, added together, so moving sSwanUSD between the two does not break a run. Unstaked swanUSD alone does not qualify.

Timing

  1. Participation opened at launch, Thursday, 22 October at 16:00 UTC. The campaign ends 19 November at 16:00 UTC.
  2. Each address can complete its own 7-day period any time in that window. The latest start for a run that can finish in time is 12 November at 16:00 UTC.
  3. Falling below the threshold before completion breaks that run; a later complete run can still qualify before the deadline. After completing a run, an address does not need to keep holding until the campaign ends.

Allocation and claims

  1. The pool is 100,000 SWAN, 1% of the 10,000,000 SWAN supply, shared across all five communities. Each qualifying address receives an equal share: 100,000 SWAN divided by the number of addresses that complete qualification.
  2. One reward per address, deduplicated across communities and positions. This is one reward per address, not per person. Larger balances, longer holding and membership of several cohorts do not increase the allocation.
  3. Allocations are rounded down to token precision.
  4. Claims open after the campaign ends and qualification is verified, through a Merkle claim contract with an expiry. The claim opening date and expiry will be announced. After the expiry, unclaimed SWAN can be recovered by the team.
  5. The snapshot list is final. There is no review process for addresses that are not on it.

All times are UTC.


Snapshot

Block 26,226,951

Taken on Ethereum mainnet at 19 October 2026, 13:34:35 UTC. Any positive qualifying balance at that block counts, and collateral counts for the position owner with or without debt. No LP look-through.

Block
26,226,951
Time
19 October 2026, 13:34:35 UTC
Eligible addresses
12,078, deduplicated
Supported positions
27 position types
Download the list (12,078 addresses, CSV)

SHA-256 6ee46315b8babc5c433bea72733526cc0addc3fc6322c9027a33555759ee8d50

Eligible addresses by cohort

CohortCommunityAddresses
veCRVCurve2,978
vlCVXConvex2,961
yCRVYearn1,440
sdCRVStake DAO1,177
vlSDTStake DAO230
INVInverse4,545
Deduplicated total12,078

Cohorts overlap, so the total is smaller than the sum.

Supported positions

CurveveCRV · 1 position
ConvexvlCVX · 10 positions
YearnyCRV holders and stakers · 5 positions
Stake DAOsdCRV, vlSDT · 6 positions
InverseINV, FiRM INV stakers, sINV and Monolith sINV collateral · 5 positions

Not included: standalone xINV, lp-yCRV v1 and v2, yveCRV, yvBOOST, extra Yearn sdCRV vaults, clevCVX debt tokens, Pirex reward or vote-only futures (rpxCVX, vpxCVX), already-unlocked upxCVX redemptions and fully unlocked CLever principal.