🪂FORCE Airdrop

Airdrop Distribution

When our team first started this project, there was a shared belief that our tokens shouldn’t be distributed via a public sale or private sale with VCs.

We wanted to attract DeFi’s brightest minds, inviting existing communities with common ethos and vision.

This is still the case, and the reason we chose an airdrop as our primary token distribution method.

With time, we’ve refined this thinking, and we’re excited to share how FORCE will be distributed over the next couple weeks.

Overview

This is the first multi-chain airdrop, and there will be 2 stages to it. The first stage (and the largest distribution) is for the Ethereum community. The second stage is for EVM compatible blockchains.

As mentioned in our introductory post, 25 million FORCE tokens of our fixed 100 million supply, will be distributed over the next month.

Ethereum Projects

  • Amount: 17,750,000 FORCE

  • Dates: Claimable throughout April 28th — June 16th

  • Recipients: Participants in the Aave, Alchemix, Badger, Balancer, Curve, Maker DAO, Synthetix, Sushi, Vesper, and Yearn communities.

  • Rationale: Shared ethos and vision.

Force Public Beta

  • Amount: 4,500,000 FORCE

  • Dates: Claimable throughout April 28th — June 16th

  • Recipients: Public Beta and Light Speed participants.

  • Rationale: Reward early supporters and testers helping bootstrap Force.

Harvest Finance

  • Amount: 250,000 FORCE

  • Recipient: Harvest Finance Multisig

  • Rationale: A gift for allowing us to use their smart contract infrastructure as the basis for our “Yield Aggregation” product. Thank you Harvest.

Multi-Chain

  • Amount: 2,500,000 FORCE

  • Target Dates: TBD

  • Recipients: Participants in the BSC, Polygon, xDAI, and Fantom DeFi ecosystems.

  • Rationale: The future of DeFi is chain agnostic, and we want to reward users who’ve used other EVM blockchains for open finance.

Claiming Period and Deprecation

Eligible recipients can claim full airdrop funds for up to six weeks. At the end of the six-week claim period, any unclaimed FORCE tokens for each unclaimed address progressively deprecates for 7 days.

Claim Period

  • Start Time: Wednesday, April 28th at 4pm EST

  • End Time: Wednesday, June 9th at 4pm EST

Deprecation Period

  • Start Time: Wednesday, June 9th 4pm EST

  • End Time: Wednesday, June 16th at 4pm EST.

Throughout the one week deprecation period, the amount of claimable rewards are reduced linearly by each block.

Airdrop funds can be claimed at this time at deprecated amounts until the end of the deprecation period, at which point no FORCE will remain in unclaimed airdrop accounts.

The reclaimed FORCE airdrop funds will go back to the Force DAO treasury.

Claiming the FORCE Airdrop

Once the airdrop is live, eligible recipients can check on the forcedao.com/airdrop page.

To redeem your FORCE tokens, click the CLAIM button at the bottom of the page indicated below, and enact a transaction.

For more information regarding claiming or redeeming earned FORCE, follow our guide here:

Contract Selection Process

Our team designed the airdrop considering the participation of different addresses throughout the period of January 1st, 2021 and February 28th, 2021. Qualifying criteria's were for the most part economic, with an additional bonus to addresses that are both economically active and participate in governance. The contracts chosen for our airdrop were those aligned with the infrastructure our project requires for our existing products, and those necessary for the upcoming products that will be released over the next weeks and months.

The exact quantitative selection process is reserved at the discretion of the team, and will not be made public. Below you can find the contracts used from block 11565019 to block 11948959.

For many DeFi users, this will be their first airdrop, and we're happy to have you as part of our community.

/* AAVE */
'0x4da27a545c0c5B758a6BA100e3a049001de870f5', -- Staked AAVE
'0x028171bCA77440897B824Ca71D1c56caC55b68A3', -- aDAI
'0xBcca60bB61934080951369a648Fb03DF4F96263C', -- aUSDC
'0x3Ed3B47Dd13EC9a98b44e6204A523E766B225811', -- aUSDT
'0x030bA81f1c18d280636F32af80b9AAd02Cf0854e', -- WETH
'0xF256CC7847E919FAc9B808cC216cAc87CCF2f47a', -- xSushi
'0x8dAE6Cb04688C62d939ed9B68d32Bc62e49970b1', -- 3CRV
/* AlchemixFi */
'0xAB8e74017a8Cc7c15FFcCd726603790d26d7DeCa', -- ALCX-LP
'0xC3f279090a47e80990Fe3a9c30d24Cb117EF91a8', -- ETH-ALCX
'0xdBdb4d16EdA451D0503b854CF79D55697F90c8DF', -- ALCX
'0x27bf4D326A4f11a11a72a07F38da64D2f502a23B', -- mALUSD
'0x263a8a6CAC9F58e78413497fC913Fe38bFc45B3b', -- mALCX
/* Balancer */
'0x1efF8aF5D577060BA4ac8A29A13525bb0Ee2A3D5', -- WETH-WBTC
'0x8b6e6E7B5b3801FEd2CaFD4b22b8A16c2F2Db21a', -- WETH-DAI
/* Curve */
'0xbEbc44782C7dB0a1A60Cb6fe97d0b483032FF1C7', -- 3Pool
'0xA2B47E3D5c44877cca798226B7B8118F9BFb7A56', -- Compound
'0xA5407eAE9Ba41422680e2e00537571bcC53efBfD', -- sUSD
'0xbBC81d23Ea2c3ec7e56D39296F0cbB648873a5d3', -- Y
'0xDeBF20617708857ebe4F679508E7b7863a8A8EeE', -- AAVE
'0x3B3Ac5386837Dc563660FB6a0937DFAa5924333B', -- BUSD
'0x4f062658EaAF2C1ccf8C8e36D6824CDf41167956', -- GUSD
'0x0f9cb53Ebe405d49A0bbdBD291A65Ff571bC83e1', -- USDN
'0x42d7025938bEc20B69cBae5A77421082407f053A', -- USDP
'0x52EA46506B9CC5Ef470C5bf89f17Dc28bB35D85C', -- USDT
'0xF178C0b5Bb7e7aBF4e12A4838C7b7c5bA2C623c0', -- sLINK
/* Synthetix */
'0x5e74C9036fb86BD7eCdcb084a0673EFc32eA31cb', -- sETH
'0xDCB6A51eA3CA5d3Fd898Fd6564757c7aAeC3ca92', -- StakingRewards
'0x57Ab1E02fEE23774580C119740129eAC7081e9D3', -- sUSD
'0xd2dF355C19471c8bd7D8A3aa27Ff4e26A21b4076', -- sAAVE
'0xEb029507d3e043DD6C87F2917C4E82B902c35618', -- sCOMP
'0xbBC455cb4F1B9e4bFC4B73970d360c8f032EfEE6', -- sLINK
/* Sushi */
'0xC3D03e4F041Fd4cD388c549Ee2A29a9E5075882f', -- DAI-ETH
'0x397FF1542f962076d0BFE58eA045FfA2d347ACa0', -- USDC-ETH
'0x06da0fd433C1A5d7a4faa01111c044910A184553', -- ETH-USDT
/* Vesper */
'0x0C49066C0808Ee8c673553B7cbd99BCC9ABf113d', -- vUSDC
'0x103cc17C2B1586e5Cd9BaD308690bCd0BBe54D5e', -- vETH
/* Yearn */
'0x597aD1e0c13Bfe8025993D9e79C69E1c0233522e', -- yUSDC
'0x2f08119C6f07c006695E079AAFc638b8789FAf18', -- yUSDT
'0xACd43E627e64355f1861cEC6d3a6688B31a6F952', -- yDAI
'0x9cA85572E6A3EbF24dEDd195623F188735A5179f', -- y3CRV
'0xe1237aA7f535b0CC33Fd973D66cBf830354D16c7', -- yWETH
/* Maker */
'0x3BC3A58b4FC1CbE7e98bB4aB7c99535e8bA9b8F1', -- UniV2WBTCETH
'0x2502F65D77cA13f183850b5f9272270454094A08', -- UniV2WBTCETH
'0x03Ae53B33FeeAc1222C3f372f32D37Ba95f0F099', -- UNIV2USDCETH
'0xA81598667AC561986b70ae11bBE2dd5348ed4327', -- UNIV2DAIUSDC
'0x4aAD139a88D2dd5e7410b408593208523a3a891d', -- UNIV2ETHUSDT
'0xDae88bDe1FB38cF39B6A02b595930A3449e593A6', -- UNIV2LINKETH
'0xf11a98339FE1CdE648e8D1463310CE3ccC3d7cC1', -- UNIV2UNIETH
'0xD40798267795Cbf3aeEA8E9F8DCbdBA9b5281fcC', -- UNIV2WBTCDAI
'0x42AFd448Df7d96291551f1eFE1A590101afB1DfF', -- UNIV2AAVEETH
'0xAf034D882169328CAf43b823a4083dABC7EEE0F4' -- UNIV2DAIUSDT

Remediation Plan Criteria

This list was detailed in a Medium post here.

All snapshots below will be taken on block number 12171679, prior to the initial Black Hat exploit (April 4th 07:06:58 AM +UTC).

Unclaimed Airdrop

  • Users who did not claim their xFORCE tokens from the initial airdrop are eligible to claim FORCE tokens in the upcoming airdrop at a 1:1 ratio.

Beta + Lightspeed

  • Users who participated in the Public Beta or Lightspeed that held their tokens at the snapshot block height receive a 10% bonus.

  • If you made any trades after the initial exploit, please read criteria Dip Buyers below.

FORCE Holders

  • Snapshot adjusted to exclude anomalies (eg. FORCE tokens held by the White Hat).

  • Allows for a healthy reconstruction of addresses and balances holding FORCE prior to the initial Black Hat exploit.

xFORCE Holders

  • Snapshot adjusted to exclude any extraordinary number of xFORCE tokens minted by White or Black Hat exploiters.

  • Allows for a healthy reconstruction of addresses and balances holding xFORCE prior to the initial Black Hat exploit.

SushiSwap and UniSwap LPs

  • As of 2:26 PM +UTC April 6th, and in coordination with a CEX, our team was able to recover 45 of the 183 ETH that were liquidated by Black Hat exploiters on SushiSwap.

  • Our team will batch transfer the 45 ETH that were liquidated on SushiSwap by the Black Hat back to the LPs. This represents roughly ~25% of their loss.

  • The remaining ~75% loss will be compensated in the form of FORCE tokens claimable in the upcoming airdrop.

  • CEX users, as of this moment, do not qualify, as we were listed without consent.

Dip Buyers

We understand that as announcements unfolded in different social networks, traders had different levels of asymmetric information.

To fairly compensate traders who suffered loses originating from the exploit, our team will take the following actions:

  • Collect and analyze all transactions between April 04th 07:06 UTC (first Black Hat exploit) and April 4th 10:35am UTC (Second Tweet halt trading).

  • Addresses that bought FORCE throughout this period and sold FORCE for a profit will not qualify in our upcoming airdrop.

  • Addresses that bought FORCE throughout this period and either held their tokens or traded at a loss (panic sell), will qualify in our upcoming airdrop at 1.5:1 ratio, per every dollar spent (this is a 50% bonus).

  • The peg will be set at 3000 FORCE per 1 ETH.

User Stories

  • HODLers: Addresses that bought FORCE and held throughout this period, will receive the 1.5 to 1 dollar equivalent value in FORCE in the upcoming airdrop.

  • Panic Sellers: Addresses that bought FORCE and sold throughout this period at a loss, will receive the 1.5 to 1 dollar equivalent value in FORCE for their loss in the upcoming airdrop.