500,000,000 HLG (5% of the total supply) will be distributed to eligible recipients in HLG Rewards Round 1. The distribution was crafted to bolster Holograph's enduring success, stability, and progressive decentralization. Additional HLG will be reserved for future distributions and ecosystem growth initiatives.
HLG Rewards Round 1 will be distributed to participants who earned over 250 XP by executing specific onchain actions on Holograph App. These actions included deploying NFT collections, minting single NFTs, minting open edition NFTs, and bridging NFTs.
HLG Rewards Round 1 snapshot details:
Start: Tuesday, January 10th 2023 at 8pm UTC
End: Monday, April 30th 2024 at 12:00am UTC
HLG Rewards Round 1 eligibility can be checked here.
HLG Rewards Round 1 will be available to claim exclusively through Bybit ByStarter. To claim, all participants must whitelist by connecting their eligible onchain address to their Bybit KYCed account. Please note, participants may only connect one eligible address to their Bybit KYCed account. Participants will have 10 days to whitelist their address.
You can learn more about ByBit ByStarter here.
HLG Rewards Round 1 key timelines:
Registration Period: May 13, 2024 at 10am UTC — May 23, 2024 at 4:59am UTC
Distribution Period: May 23, 2024 at 5am UTC — May 23, 2024 at 9:59am UTC
Results Announcement: May 23, 2024 at 10am UTC
Lock-Up Period: Until May 23, 2024 at 12pm UTC
For general information on Holograph, check out Holograph Foundation. For technical information on Holograph Protocol, check out Holograph Docs. For additional information, join the conversation on Discord and X to stay up to date on the latest community news.