Loopring (LRN)

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Loopring (LRN)
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Requirements:

Ticker: LRN

Platform: ETHEREUM

For holders of: LOOPRING

Publish date: June 22, 2018

Check/uncheck this airdrop as DONE

How to get an airdrop:

The airdrop structure for both LRN and LRQ will follow the same layout.

The airdrop will be broken into 3 snapshots and distributions. Each of these snapshots will be for a distribution of 20% of the total token supply (or ~33.3% of the total airdrop amount).

Exact snapshot dates, or block heights, will not be announced by the team but will be within 5 days of the airdrop dates. After the airdrop has been completed the block height of the snapshot will be released.

As the total supply is 1/10th of the LRC supply and 60% of the supply is being air dropped, over 3 equal distributions, you can expect to receive 2 tokens per 100 LRC per airdrop. Assuming that your LRC balance does not change between each snapshot, you will receive a total of 6 tokens per 100 LRC.

LRN Airdrop dates are as follows:

  • July 5th, 2018
  • September 5th, 2018
  • November 5th, 2018

Airdropped tokens will not be immediately accessible. All airdropped tokens will be locked via smart contract and set to release at a rate of 1/730th of the balance per day. In other words, in daily increments over a period of 2 years from the airdrop date.

Airdrop Qualification Requirements

The requirements to receive airdropped LRN and LRQ are as follows:

  • A minimum balance of 100 LRC
  • Be stored in a wallet you control and not held by a smart contract
  • Have your Neo and/or Qtum wallet bound via smart contract prior to the snapshot

Detailed instructions:

  1. Bind your wallet containing at least 100 LRC tokens with the Loopring smart contract. The smart contract used for address binding can be found at 0xbf78b6e180ba2d1404c92fc546cbc9233f616c42 with the verified code available here.
    1. To accomplish this, access your ERC20 wallet with MyEtherWallet and click on the Contract tab.
    2. Under Contract Address, put:
      0xbf78b6e180ba2d1404c92fc546cbc9233f616c42
    3. In the ABI / JSON Interface input area, paste the following:

      [{"constant":false,"inputs":[{"name":"projectId","type":"uint8"}],"name":"unbind","outputs":[],"payable":false,"stateMutability":"nonpayable","type":"function"},{"constant":true,"inputs":[{"name":"owner","type":"address"},{"name":"projectId","type":"uint8"}],"name":"getBindingAddress","outputs":[{"name":"","type":"string"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":true,"inputs":[],"name":"owner","outputs":[{"name":"","type":"address"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":true,"inputs":[{"name":"","type":"uint8"}],"name":"projectNameMap","outputs":[{"name":"","type":"string"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":false,"inputs":[{"name":"id","type":"uint8"},{"name":"name","type":"string"}],"name":"setProjectName","outputs":[],"payable":false,"stateMutability":"nonpayable","type":"function"},{"constant":false,"inputs":[{"name":"projectId","type":"uint8"},{"name":"targetAddr","type":"string"}],"name":"bind","outputs":[],"payable":false,"stateMutability":"nonpayable","type":"function"},{"constant":true,"inputs":[{"name":"","type":"address"},{"name":"","type":"uint8"}],"name":"bindings","outputs":[{"name":"","type":"string"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":false,"inputs":[{"name":"newOwner","type":"address"}],"name":"transferOwnership","outputs":[],"payable":false,"stateMutability":"nonpayable","type":"function"},{"anonymous":false,"inputs":[{"indexed":false,"name":"sender","type":"address"},{"indexed":false,"name":"projectId","type":"uint8"},{"indexed":false,"name":"targetAddr","type":"string"}],"name":"AddressesBound","type":"event"},{"anonymous":false,"inputs":[{"indexed":false,"name":"sender","type":"address"},{"indexed":false,"name":"projectId","type":"uint8"}],"name":"AddressesUnbound","type":"event"},{"anonymous":false,"inputs":[{"indexed":true,"name":"previousOwner","type":"address"},{"indexed":true,"name":"newOwner","type":"address"}],"name":"OwnershipTransferred","type":"event"}]
    4. Click the Access button. You will be shown a dropdown menu.
    5. Under Read / Write Contract, choose the bind method.
    6. The bind method will bind one address of a target blockchain to your ERC20 address. To bind a NEO address, enter a value of 1 under projectId, and to bind a Qtum address, enter a value of 2.
    7. Depending on what you entered into projectId, enter either your NEO or Qtum address into the targetAddr field.
    8. Now unlock your wallet and click the Write button.
    9. Click Generate Transaction.
  2. Hold the LRC in your wallet within 5 days of July 5th, September 5th, and November 5th, 2018.
  3. You will receive your airdrop in daily increments for 2 years.
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Loopring (LRN) - Project information:

Loopring is not only a protocol but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reduce the cost of trading. By essentially rising the liquidity of cryptocurrencies, we are building the financial system of the future

ICO token price: 1 LRN = 0.06 USD

Total supply: 139,507,605 LRN