CONFIRMED AIRDROP ON COSMOS ECOSYSTEM(ATOM)

What is AetherEVM?

Aether is the first EVM consumer chain with full vertical integration & core DeFi primitives. Aether is the first community owned project built on cosmos replicated security distributed only via airdrop and lockdrop, no private token sales or external funding. Aether's goal is to create life long financial symbiosis with the Cosmos Hub.Aether is airdropping 40% of the total supply to ATOM holders and ATOM, stATOM stakers. The snapshot has not been taken yet so the users who still stake ATOM and stake ATOM on Stride will get an airdrop when the token goes live.

Join Aether In The Age of Free Public Infrastructure
DEX
LENDING BORROWING
STABLECOINS
PERPETUALS
Aether is the first community owned project built on cosmos replicated security distributed only via airdrop and lockdrop, no private token sales or external funding.
Aether's goal is to create life long financial symbiosis with the Cosmos Hub, using:

• DeFi primitives to enhance ATOM usecases, and absorb idle liquid staking derivatives

Aether Goals

1. Expand the activity of users on the Cosmos Hub via the integration of Aether EVM in the wider interchain ecosystem.
2. Create a core public utility and good for Atom stake holders, expanding the use of FOSS and free public infrastructure.
3. Incentivization of secular alignment for all Atom stake holders.
4. Continue the development of the Ethermint SDK/modules (which were funded by ATOM community pool) with an open-source license.
5. Increase the use of DeFi, CoFi, and TradFi in the Hub ecosystem.

• This proposal seeks to deploy Aether on the Cosmos Hub with replicated security with redistribution of fees, MEV and other incentives.

Roadmap (in no particular order)

• UX and gas fee payment improvements, effortless userflow
• DEX: Aether’s dex will focus on creating the ideal conditions for ATOM focused trading pairs
• Lending with focus on ATOM and ATOM LSD
• Liquid ATOM backed stable coin
• Perpetual platform/Futures contracts and products with ATOM collateral
• NFT platform with ATOM pricing
• In general, the most popular EVM primitives will be ported
• Integration with p2p DeFi/CoFi lending markets, automated yield producing vaults
• EVM specific MEV extraction tools (and integration with existing ones)
• After all core primitives are established Aether will focus on creating new DeFi primitives which leverage the unique capabilities of the cosmos SDK and ABCI++

Initial Token Allocation

122,222,222 tokens

Community Share: 71.50%:

• 40% airdrop
• 20% LP rewards
• 10% community pool
• 1.50% validator incentives

Team Share 28.50%:

• 15% long term development (locked for 32 months)
• 5% mid term development boost (locked for 24 months)
• 7% founders (locked for 32 months)
• 1.50% liquid tokens for early expenses

To make sure alignment with the Cosmos Hub stakes remains long term, all airdrop tokens will be auto staked upon claim in one of the four long term staking options. Higher tiers will get bonus tokens and during the first 8 months only staking rewards (and lp rewards) will be liquid, no airdropped tokens or team tokens(team tokens will be locked in the long term staking options same as airdrop tokens, staking rewards will be liquid and used for development).
This will ensure Aether becomes a long-term project and will show the multi-year commitment, with both the AEZ and the Cosmos Stakers.

Estimated Launch Time

• Private Aether test net is currently running
• Proposal is posted on the forum
• Multiple weeks of time for community feedback.
• During this community feedback time binaries will be published and a public test net for Aether is launched (either a new test net or using already running Cosmos Hub test net depending on community feedback).
• A signaling proposal is launched on the Cosmos Hub.
• After the signaling proposal (hopefully) passes all the code will be published on Github with open source licensing.
• After the public test net is deemed stable a deployment proposal on the Hub will be posted.
• Approximate “ready to launch” timeline 2 months since the this article is posted.

Step-by-Step Guide:

1. Download and install the Keplr wallet.
2. You need ATOM. You can get it on any CEX(Binance,OKX etc.) or DEX.
3. Deposit your ATOM into your wallet.
4. Go to the Keplr dashboard and stake your ATOM.
5. Stride’s stATOM holders will also be eligible.
6. They’ve confirmed to airdrop 40% of the total supply to ATOM and stATOM stakers.
7. ATOM holders are also eligible, but stakers will receive more allocation.
8. The snapshot has not been taken yet as per the latest tweet.