Aethir ($ATH) Token On June 12th, What Next ?

By Astroboy13 | CryptoByte | 8 Jun 2024


On June 5th Aehtir revealed the date of their upcoming mainnet launch on Twitter coming with the first part of the Aethir Cloud Drop. I’ve talked about aethir in an other article, to semerise it’s a cloud computing infrastructure platform allowing the distribution, and utilization of enterprise-grade GPUs. It’s specialized in Artificial Intelligence (AI), Machine Learning, and Cloud Gaming.

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The Launch

On June 12th, Aethir will be available to trade on some exchanges such as Bybit, OKX and Bitfinex officially. Coming along with an initial Airdrop of 630 Millions $ATH (1,5% of the total supply).

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This initial airdrop will also be for some external comunity such as the memecoins comuinity with an aidrop for $TREMP and $BODEN holders of a certain amount but the snapshots where taken on may 15th

There was also a sybil prevention in order to clear the rewards from bots. It was organized like this : “Wallets funded from the same source, addresses with similar activity, and addresses without transactions on major EVM chains were considered Sybils and eliminated.

There will be a site where you will be able to clain your allocation on June 12th it’s not out yet at the time of writing so be careful of scams and only follow links from the officials social media accounts.

On June 12th there will also be the unclock of the functionality of stacking $ATH. There will be rewards for $ATH stackers by other community and in the coming seasons of Aethir Cloud Drop

There will be 3 seasons in total for the cloud drop, the first season will be over at Token Generation Event (TGE). Then the second season will start and last for 8 months and there will be an airdrop of 630 Millions $ATH (1,5% of the total supply) just like the first season. And the third and last season, will start at the end of the second season and will also last 8 months. The reward will be of 1,260,000,000 $ATH (3%), it’s the biggest pool of rewards.

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At the end, the airdrop part will be of 6%. If you want to learn more about tokenomics I’ve made an article here.

As always thank you for reading !

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Disclaimer : This is not a financial advice, you need to do your own research !

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Astroboy13
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