A protocol for sending tokens across rollups and their shared layer-1 network in a quick and trustless manner Discord: discord.gg/PwCF88emV4
Joined January 2021
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We're proud to officially launch the Hop bridge starting with instant $USDC transfers between @ethereum, @0xPolygon and @xdaichain.
➡ hop.exchange
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HopProtocol retweeted
Hop is now live on Instadapp!
Users can now easily bridge between chains using @HopProtocol.
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GIF
gm, let’s kick off L2 szn.
We requested to use our 1m $OP tokens to refund 80% of users bridging costs to Optimism.
Hopping made even easier ⚡️
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Optimism is for the people, not the sybils.
We’ve been carefully analyzing OP Airdrop #1 for sybil attackers that slipped through the cracks. We’re happy to announce that we’ve removed an additional 17k sybil addresses and recovered over 14 million OP. Bye bye sybils!
Show this thread
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HopProtocol retweeted
0/ Sybil resistant airdrops have turned into an arms race.
We had no idea what we were up against when we started designing the Hop distribution.
Here’s how we filtered out over 10,000 Sybil attacker addresses and enlisted army of Sybil hunters to find the rest 👇
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HopProtocol retweeted
Super excited to dive into Hop DAO, the HOP token, and our airdrop design with @TrustlessState in just a few minutes
🟣_🟣 THE HOP DROP 🟣_🟣
Did you get the @HopProtocol Airdrop, anon?
Chris Winfrey from Hop joins @TrustlessState to discuss Hop DAO launch! 🚀
🚨LIVESTREAM🚨
In 1️⃣ hour.... WE HOP 🐇
📺👀
youtu.be/TCzcuRK3RNk
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Airdrop details 👇
• 3.35% to users of the Hop bridge (min. 2 bridge txs and $1,000 of volume)
• 2% to LP's
• 2% to Bonders (1 year lockup)
• 0.1% to active community members (Discord & Twitter)
• 0.05% to external Hop contributors
• 0.5% to @authereum users
& more
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Knowing how important a healthy token distribution is for a DAO we worked hard to remove sybil attackers from the distribution.
Sybil attackers stand directly at odds with a healthy distribution and attempt to take tokens that should be in the hands of positive-sum users.
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After 2 months of heavy data crunching we were able to identify 10k Sybil attackers (beyond doubt)out of 45k eligible addresses
But we’re not stopping here. We invite the whole Web3 community in helping us find Sybil attackers and increase the $HOP allocation of legitimate users
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Over the next two weeks, we are accepting reports of Sybil addresses that have *not yet been uncovered*.
The airdrop will take place once the two week period has ended and reports have been examined.
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Successful reports are rewarded with 25% of the saved $HOP - paid out by the DAO and subject to a 1 year lock-up.
• Each report must eliminate a minimum of 20 related addresses
• Reports must show high-quality research and be easy to verify by the Hop Labs team.
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• Reports that have a non-negligible probability of eliminating legitimate users will not be considered.
Report here 👇
github.com/hop-protocol/hop-…
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In a first for airdrops we’re even rewarding sybil attackers turning themselves in.
Yes you read that right if you are a Sybil attacker who targeted the Hop airdrop with a large number of addresses you can report yourself before someone else does and receive 25% of the tokens.
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Note, this only applies if you haven't been filtered out already.
So you can wait and risk losing everything if someone reports you or self-report and receive 25% 😜
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Want to check out your preliminary $HOP allocation?
Check here and remember this number will increase if sybil attackers are found 👇
hop.exchange/#/airdrop
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We couldn’t be more excited to start this journey with you all.
Hop Protocol’s story begins now ✨
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repost:
There will be an initial supply of 1b $HOP tokens:
• 8% airdropped to early users
• 60.5% to the Hop treasury
• 22.45% to the initial development team (3 yr vesting, 1 year cliff)
• 2.8% saved for future team
• 6.25% to investors (3 year vesting, 1 yr cliff)
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Hop will follow a similar delegate model as @ensdomains and we invite anyone to put forward their application.
Public infrastructure requires a diverse set of delegates to foster best outcomes.
We’re waiting for you.
forum.hop.exchange/t/apply-a…
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Hop Labs will be the first service provider to the DAO and offer on-going research, development and BD efforts.
We declined several fundraising requests to put as much $HOP into the hands of our community as possible.
Thus, Hop Labs will continue to rely on the DAO for funding.
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