Shade Protocol Snapshot Completed Here's How the Airdrop Will Happen

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Shade Protocol recently held a snapshot that commenced on 7 November 2021 and finalised on 13 December 2021 of accounts that were staking Secret and delegating their tokens. Users who delegated to commissioned delegators outside of the top 25 also received a bonus for doing so. The airdrop was originally announced by @jk6276 two months ago on THIS POST

A QUICK RECAP ON WHY SHADE PROTOCOL IS AWESOME

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In summary Shade Protocol is a more advanced product in comparison to Monero which is a privacy focused token. Shade protocol offers encrypted transactions that are untraceable unless you have access to the account. Transactions are still saved on block chains for all eternity except they provide added protection with the only way you can track them is with the owner encryption key bringing safety to block chain users which no longer need to rely on anonymity to ensure their finances are protected.

Shade Protocol also like Terra Network hosts a algorithmic stable coin which is a successful iteration and mentioned by JP Morgan as suitable for international payment systems which you can read a previous news article here.

For a full in-depth breakdown of Shade Protocol you can read my previous article here

Find Out Your Airdrop Allocation

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There were three ways to participate in the Shade Airdrop and that was through staking and delegating Secret the native Shade Protocol token, Cosmos and Luna. eligible participants can now head over to the Shade Protocol website and entre their respective addresses into the Airdrop allocation tool located here to find out how much they will receive.

When Will You Receive Your Airdrop?

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According to the project there is a total of 1,450,000 Shade that will be airdropped to Secret stakers after the Christmas and New Year Holiday period with the aim of being delivered between mid-January and 1 February 2022. However, there is no guaranteed date at current with the project announcing the confirmed date once the core contributors can finalise their development source

What are your predictions for Shade Protocol and would you refer a friend to the network?

Image Sources provided. This is not financial advice and readers are advised to undertake their own research or seek professional financial services

If you liked my article don't forget to upvote and share alternatively you can donate Secret Here: secret1gqz6yft8htyx6t48mm0hjk4ya6sjjpec2z8jna
Or UST/LUNA here: terra1jf5qkt9mkh8e3m4zc0qj3nsv730fqlhdmeqygf
Leo (Hive-Engine version) or Hive can be sent straight to my Hive username @melbourneswest

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