Mainnet Guide - CornerstoneDAO (NEAR)
Mainnet Guide - CornerstoneDAO (NEAR)
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You can now check the status of previous airdrops using the link https://docs.google.com/spreadsheets/d/1agcpqrYDJg0cX12jC7nrtrbC20aZxweub0M6fBUVPUI/edit?usp=sharing.
TLDR: Mainnet, No Minimum, Confirmed Airdrop
Introduction
Cornerstone (Twitter : https://twitter.com/CornerstoneDAO) is a governance hub of NEAR. You can participate in different NEAR protocols’ governance while generating yield in Cornerstone.
Rules
Cornerstone is now airdropping their governance token $CORN to users of LiNEAR, a liquid staking protocol incubated by Cornerstone. 10,000 $CORN tokens (estimated to be 1% of the total supply) have been allocated for this airdrop.
The first snapshot will start between July 20 to 25, 2022, and a total of 10 snapshots will be taken before Cornerstone is officially launched (around August to September).
The distribution of $CORN airdrop will be finalized closer to the launch date and according to:
The amount of $LiNEAR that a user hold — whether these $LiNEAR are in the user’s wallet or being used in other protocols (such as LP on Ref.finance and Jumbo, and deposits on Burrow, etc.)
The duration of a user’s holding of $LiNEAR
For details, read here.
Guide
LiNEAR is on NEAR native so prepare some $NEAR. (If you don’t have a NEAR wallet, get one at https://wallet.near.org/create.)
Go to https://app.linearprotocol.org/ and stake some NEAR.
You’ll then receive LiNEAR, the staked verison of NEAR. Hold them through the snapshots to be eligible for the airdrop. If you want your LiNEAR to earn some additional yield, you can lend it out on https://app.burrow.cash/#/deposit. (Also counts for the snapshot.)
That’s all for the guide. Ask at Cornerstone Discord if you have any questions.