Stellar has a airdrop snapshot coming up on Jan 15th 00:00 UTC for those that dont know.
You can qualify for the air drop in 1 of 2 ways
1.) You need to hold 500+ xlm ana at least 1 aqua token in an exchange that has stated it will give exchange users their share. (You will have to look that up on your own I use option 2 always
2.) you have to hold at least 500 xlm + at least 1 aqua token in a wallet that you own the private keys too. I would recommend lobstr.co wallet since I have used it for years and it includes the stellar dex.
What is the airdrop for?
It is for the new liquidity token that was just released a few months ago that rewards market makers for providing liquidity on stellar dex. The price of 1 aqua was upto 0.08 xlm until the market turned. Its now around 0.05 xlm.
Ok but how much will I get for this airdrop? Is it worth it?
IMO yes for sure.
1.) XLM is a good coin to hodl right now even after the airdrop since it is going to go on a run soon due to the very large increase in xlm trading due yo all the new liquidity on stellar dex. Virtually feeless, instant transactions and with great liquidity now, stellar is gonna rise!
2.) You are projected to get 8.1xxxx aqua per xlm coin (holding more than 1 aqua in your wallet will not increase your reward, just need the 1)
3.) that means your getting 0.4 xlm worth of aqua for every xlm you have in your wallet at the time of the snapshot!
IMPORTANT FACT: However you will not get your your entire airdrop instantly, not even close actually. They have no crazy plan of dropping 15bil tokens instantly into the market thankfully. You will receive your entire airdrop over 36 months. You don't need to hodl the xlm of course, ass soon as the snapshot is taken of the blockchain you are locked in and will receive 1/36th each month for 3 years.
If you want more in depth information then check aqua.network and the article announcing this airdrop which is airdrop #2 https://medium.com/aquarius-aqua/announcing-aqua-airdrop-2-b338e21c2bf6
If your interested you should also check out the new social media project I posted about a few days ago that has a few days left on a presale: @skimanner/amazing-profit-opportunity-read
