UNITs Airdrop Guide: A New Reward for Investors

The Elys Network has introduced a novel incentive layer known as the UNITs airdrop to reward early supporters and active investors.

As a Cosmos-based decentralized perpetual exchange, Elys uses these rewards to build deep liquidity and encourage long-term participation within its DeFi ecosystem.

Key Takeaways

• The UNITs airdrop is part of a multi-year distribution plan, with 14% of the total ELYS supply dedicated to community rewards.
• Eligibility is determined through a combination of testnet participation, ATOM staking, and consistent mainnet activity.
• The reward structure utilizes EDEN tokens, which serve as a utility and vesting asset to ensure sustainable growth without immediate market sell-offs.

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Understanding the UNITs Airdrop Mechanism

The UNITs program operates differently from traditional "one-and-done" airdrop by focusing on sustained on-chain engagement and capital commitment.

Phase 1 of the distribution allocated over 10 million tokens to those who supported the network’s transition from testnet to its fully operational mainnet.

Read more: Based Airdrop in Details - How to Join and How to Claim

Investors who participated in the "Cadet" program or utilized the platform’s lending and perpetual trading features were given priority in the initial snapshots.

Crucially, the program includes a "cap" on rewards for large wallets to prevent a few "whales" from dominating the total token distribution.

This design favors the average investor, ensuring that a broader base of users can benefit from the network’s revenue-sharing model.

The UNITs reward also integrates with the Elys Oracle-based AMM, where users providing liquidity in USDC pools earn bonus multipliers on their allocations.

For ATOM stakers, the airdrop recognizes those who participated in key governance votes, particularly Proposition 897, reinforcing the link between Elys and the Cosmos Hub.

By holding ELYS or its reward-counterpart EDEN, users become eligible for a share of 65% of the platform’s non-inflationary revenue.

This creates a "real yield" environment where the airdrop acts as a bridge to becoming a permanent stakeholder in the protocol's success.

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How to Join the UNITs Airdrop and Claim Rewards

To begin, visit the official Elys Network website and navigate to the airdrop checker to connect your Keplr or Leap wallet.

If you are a new user, you can still qualify for future phases by completing "missions" such as swapping tokens or staking native USDC.

The system performs daily snapshots, so maintaining a consistent presence on the platform is more valuable than making a single large transaction.

Once eligibility is confirmed, the claim process is typically integrated directly into the main app dashboard under the "Rewards" or "Staking" tab.

FAQ

What is the difference between ELYS and EDEN tokens?

ELYS is the primary governance token, while EDEN is a reward token that can be staked for yield or vested over time into ELYS.

Who is eligible for the UNITs investor rewards?

Eligibility includes testnet participants, ATOM stakers, NFT holders, and users who provide liquidity to the Elys DEX on the mainnet.

How often are UNITs airdrop snapshots taken?

Snapshots for ongoing rewards are often taken daily or weekly to track active participation in the protocol's trading and lending pools.

Is there a minimum amount of ATOM I need to stake?

While there is no strict minimum, the reward system is designed to provide meaningful allocations even to smaller stakers through capped tier systems.

Can I claim my UNITs airdrop rewards immediately?

Tokens are generally distributed in phases; check the official dashboard for your specific vesting schedule and available claim amounts.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.