Arweave Name Service (ANS) is a username protocol for Arweave wallet addresses. ANS names are human-readable usernames representing your Arweave address, like sam.ar. Since launch, ANS names have been integrated into ArConnect, ViewBlock, everPay and other key Arweave dApps and infrastructure.
March 12 2022 marked the genesis of ANS. We airdropped 513 domains to early Verto adopters and distributed a handful over the next 11 months in community giveaways. On February 17 2023, we launched the public mint of ANS names on ans.gg. At the time of writing, almost 800 Arweavers hold over 1,400 domains in total.
Today, we’re launching the ANS DAO, the $ANS token, and the community airdrop.
$ANS token holders are able to create and vote on proposals in the DAO, and will be entitled to revenue from the protocol. They will also be entitled to revenue from onsf.io namespaces, including ANS itself and our new partner building .raven names on our stack, Raven Protocol.
Specifics on protocol revenue sharing allocations will be announced on the 26th of May 2023.
Community airdrop
Today we airdropped 21851.67 $ANS to 296 eligible holders via everPay today, and forming the early stages of an ANS DAO! 🎉
We took a snapshot of those who minted ANS names on ans.gg and weighted the airdrop distribution based on the number of held domains and their scarcity.
Check the specifics of airdrop eligibility here.
Connect the wallet you used to mint ANS in everPay (app.everpay.io) to see your $ANS balance.
Tokenonomics
(Total supply: 100,000 $ANS)
32.2% - DAO reserve
We will lock the largest chunk of the total supply in the ANS DAO. The DAO will decide best how to allocate tokens to further the progress and adoption of ANS – integrations, partnerships, and initiatives to build trust and credibility for the project.
The DAO may choose to allocate this portion towards incentivizing development, marketing, education and community building initiatives that are in alignment with ANS.
30% – team and core contributors
By allocating a portion of tokens to the team and core contributors, we ensure that they remain committed to the project's long-term vision and success.
This allocation serves as a powerful motivator for the early team to innovate develop and improve the ANS Protocol.
21.8% – community airdrop
Allocating 21.8% of the $ANS token supply to users who have minted ANS domains is our way of thanking early supporters, fostering a strong community, and encouraging adoption. It aligns incentives for these users with the project's success, promotes network effects, and contributes to the growth and development of the ANS ecosystem.
16% - liquidity
16% of the total $ANS supply will be used for DEX liquidity on Permaswap and Uniswap.