LAVA is the native asset of the Lava Network. Vesuvius Drop claims open today 10 July at 4pm UTC until 18 July 4pm UTC (may change, follow for updates). Check eligibility at https://claims.lavanet.xyz here.
Lava Network is a blockchain that lets users and developers connect to ALL other blockchains. We are the modular access layer for blockchains.
It does this by rewarding, aggregating and coordinating infrastructure providers such as RPC providers. RPC is what ALL wallets and dapps use to connect to the blockchain. Every time you use a wallet or dapp, it must make an RPC request to an RPC provider:
- I am requesting to swap ETH to SOL
- I am requesting to send ETH to this address
- What is my balance?
RPC providers (entities who run RPC nodes for the chain you're trying to connect to) send back responses:
- Swap confirmed
- Balance updated
- Your balance is 1 ETH (market down bad)
With Lava, users get faster and more reliable applications, while developers spend less time on infrastructure and more time on innovation.
Underneath every blockchain is an RPC layer - the floor is Lava.
More technical: Lava is a modular network where incentive pools attract, bootstrap and optimize network of RPC providers for any blockchain. Support for new chains can be added permissionlessly as specifications (”specs”), along the network to dynamically scale with demand. Lava can also support specs for indexing, subgraphs, oracles and more.
Once node providers join, the peer-to-peer protocol pairs consumers with providers, using an optimistic approach to incentivize quality of service. Providers are scored across latency, uptime and availability, before earning rewards monthly in LAVA and any tokens deposited to the incentive pools. Today, NEAR, EVMOS and AXELAR token pools are already live on Lava testnet.
Blockchains have always been about global-scale financial and social coordination. Our vision at Lava is to accelerate crypto adoption and enable the creation of internet-native, decentralized, onchain communities.
RPC is needed by every blockchain, project, community and user. We see Lava as the convergence point for all these communities - the Vesuvius airdrop reflects this. A significant 55**,000,000 LAVA** (representing 6% of the total token supply) is allocated to this initial airdrop.
You can claim your airdrop by visiting: https://claims.lavanet.xyz. Please note: https://claims.lavanet.xyz is the only way to access the Vesuvius Airdrop. Neither the claiming site nor any member of the Lava Foundation will ever ask you to enter your private key or transfer tokens of any kind from your wallet.
Our main focus for this initial airdrop is to:
Total LAVA supply is 1 billion, with 56% allocated to community and ecosystem growth initiatives.
The Vesuvius airdrop will distribute 6% of supply to approximately 70,000 people, a smaller and more focused distribution compared to other airdrops:
Lava testnet has now been running for 1.5 years and over that time we have been supported by many early adopters and contributors. This portion of the distribution is designed to retroactively reward testnet users across the following criteria, ranging from running an RPC node on testnet, adding new chains to Lava, supporting in our Discord to using Lava-powered RPC through Magma.
Over 2 months, we made significant efforts to reduce bots on testnet and Magma, and to eliminate sybil from the airdrop after the first snapshot of Magma on 11 June.
RPC providers were scored across:
Magma users were assessed with the following criteria:
After this filtering, tiers for Magma distribution were decided by creating a blended score for each user across:
Exclusion criteria:
The Vesuvius Drop rewards onchain power users and communities. This includes active members across:
Our aim is to reward advocates for blockchain technology, as well as the most active users of this technology. Together, they push this industry ever closer to mainstream adoption.
The Vesuvius Drop rewards active node runners and infrastructure providers, often the unsung heroes of crypto.
Satoshi’s original vision was that we would all run nodes ourselves, trusting but verifying. Today, node runners do this job for us and as well as providing a home for them on Lava, we are also dedicating a portion of this distribution to node runners, specifically:
The Vesuvius Drop rewards the innovators driving crypto forwards. This includes codebase contributors for:
Lava will be airdropped when Lava Public Mainnet launches to qualifying addresses that successfully complete their claim verification, before the cut-off date.
The Vesuvius airdrop is not a normal airdrop. We are building towards a decentralized and community-driven blockchain ecosystem.
Stay tuned for more updates as we approach Mainnet launch. Eruption is near.
Make sure to claim your distribution: https://claims.lavanet.xyz
Vesuvius Claim: claims.lavanet.xyz
What is Lava?
https://x.com/consensus128/status/1802753690593370320
https://x.com/0xBreadguy/status/1803824963998167303
Discord: https://discord.gg/4GJbnzSU4w
Tokenomics: docs.lavanet.xyz/token
Whitepaper: lavanet.xyz/whitepaper
Eligibility and exclusions:
Risks and other disclaimers: