Harvest Claim Form Now Available
Please fill out the following form to facilitate your claim.https://app.soulswap.finance/claim
FAQs
1. Do I need to fill out the claims for to be eligible?
No, the form is optional and is only required if you have a counter-claim for an amount higher than the proposed allocation.
2. What’s the default rewards and how many wallets are affected?
The default rewards for all 405 affected wallet is: 2,500 SOUL, which amounts to a total allocation of just over 1,000,000 SOUL for reimbursements.
3. Where did the 1M SOUL figure come from?
There were 10 days during which users may have been affected. We emit 250K SOUL daily, amounting to 2.5M SOUL designed to be emitted during those 10 days, of which 75% are designed for farming, which amounts to nearly 2M SOUL.
We take roughly half this amount and assume 50% of the time harvests failed. We do so to provide an allocation that risks over-rewarding versus under-rewarding as there are many instances where users may have lost much more than the minimum and we wanted to tilt in their favor, where possible.
4. Where will the 1M SOUL come from?
Since the SOUL rewards are designed to be minted from the SOUL token and allocated, we will be minting the 1M SOUL directly into the Airdrop contract, which will only account towards our circulating supply IF and WHEN it is accepted by each user.
5. How will counter-claims be rewarded?
Since the total maximum possible damage was 1M SOUL lost, according to our liberal (lenient) calculations, we will not exceed this amount for airdrop rewards.
Meaning, those with counter-claims will need to wait until after the airdrop concludes and will only be able to access up to the total amount of forfeited airdrops.
In other words, this amount may be as low as 0 in the event that 100% of eligible claims are accepted, which is likely not the case as many will neither know nor care and some may decide to forego making a claim and would rather watch that SOUL burn or be allocated towards users who were affected to a much greater extent than themselves. Don’t undermine the potential goodwill of your fellow community members.
6. How long do we have to make a counter-claim?
The counter-claims form closes at the end of the year, so you have until December 31st, 2021 to open your claim. All counter-claims will be complete and final after the claims period ends. The day the counter-claims period ends, we will send out the rewards to those who requested and were accepted for manual review. The manual review will account for the total claims made in excess of 2,500 and will be given out in 1 of 2 potential manners:
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In the event the remaining SOUL is less than the accepted counter-claims, then the recipients will receive a % share of the remaining SOUL as determined by their accepted counter-claim as a portion of all accepted counter-claims.
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In the event the remaining SOUL is greater than the accepted counter-claims, then the accepted counter-claims will be filled 100% and the remaining SOUL (after filled all counter-claims) will be burned for all eternity. There will not be a second airdrop for counter-claims. Those will be sent directly to the claimant and will be publicly verifiable on chain.
7. When is the claims period for the airdrop?
January 1st thru February 14th
The claims period will begin on January 1st, 2022 and will terminate exactly 45 days later to provide ample time for as many users as possible to be made aware of the reimbursements, while maintaining an acceptable delay between the acceptance of a counter-claim and execution of those reimbursements for eligible recipients.