CONFIRMED AIRDROP FROM STABLENET.

StableNet is an Ethereum L2 network powered by Lumoz utilizing Polygon CDK & Celestia DA.

With the successful launch of Lumoz Stablenet, it will become the first zkEVM project built on Polygon CDK and Celestia in the entire network. This innovative technology not only marks a milestone in the blockchain field, but also brings a new user experience to users.
📌Data expansion and gas costs are significantly reduced
Lumoz Stablenet enables data scaling with Celestia’s modular Data Availability (DA), allowing users to significantly reduce gas costs for interacting with dApps within the stablenet ecosystem
📌Comparison of Celestia’s sublinear costs with Ethereum
Compared to Ethereum, Celestia's cost has a sub-linear relationship with gas price, making it more affordable than Ethereum's existing costs
You can check out more on this from it's documents
📌https://docs.stablenet.io/first-zk-rollup-based-on-polygon-cdk-and-celestia

For some months now, opside has been open to testing for the public for its pre-alpha and it's currently on alpha rn
📌https://galxe.com/Lumoz/campaign/GCU32UDLMb
The points earned from it will decide your $STA allocations in the future but for now, let's focus on STABLENET upcoming Testnet
On how to get the Testnet tokens, I wrote a X thread(formerly Twitter) months ago
Check here
This thread is about the first dapp for swapping and getting the test tokens
📌https://twitter.com/Uzumakijonero/status/1673232065314144256?t=b3BTGJrAoEPd-dTMs4atXg&s=19
Don't forget that $TIA get people an AIRDROP worth more than $2,000 so you can expect $STA to be worth some $$


Just get the test tokens for now, update on the AIRDROP will be on December 1 when it launches
Now about STABLENET tokenomics
STA token serves as the governance token for StableNet, entitling holders to both L2 Gas fee sharing and L1 Yield revenue sharing. All new STA tokens are issued via 'Gas as mining'. NO investors, NO reserve, NO pre-mining
STA token distribution

📌STA token distribution
Total Supply: 110 billion STA tokens.
Community Airdrop: 10 billion STA (9.09% of the total, with only 4% immediately released).
Gas Mining Generation: The remaining 100 billion STA tokens will be dynamically generated through gas mining.
Airdrops
Community Airdrops will begin shortly after the launch of the StableNet mainnet. 10 billion STAs will be distributed in the following proportions:
2 billion STA tokens will be used to incentivize Lumoz loyalty point holders, including Miners, Validators, and Users. The number of STAs received by each address will be determined by the percentage of points. Anyone can view their loyalty points on this website
📌https://lumoz.org/leaderboard.

When the airdrop is enabled, users can go to stablenet.io corresponding airdrop page to claim their STA tokens.
2 billion STA tokens will be used to incentivize users who have contributed gas fees in other L2s in the past 2 months and will receive the corresponding number of STA tokens based on the proportion of gas fees. We will count the Gas fee contributions of all users on each L2 during the 20/10/2023-20/12/2023 period and take a snapshot of the airdrop. The counted L2s include Arbitrum, Optimism, Base, Polygon zkEVM, zkSync, Scroll, and Linea. When the airdrop is enabled, users can go to the corresponding airdrop page stablenet.io to claim their STA tokens.
A prize pool of 4 billion STA tokens awaits LP providers as an incentive on the StableNet mainnet during the initial 3 months. LPs will be rewarded with STA tokens proportionate to their liquidity ratio. LP providers are defined as users who deposit mainstream assets on various certified DEFI protocols on StableNet, with the list of certified DEFI protocols provided in the documentation. The distribution of these STA tokens will occur linearly over the course of 3 months. Once the airdrop commences, users can visit the dedicated airdrop page at stablenet.io to claim their STA tokens. See more
2 billion STA tokens will be used to incentivize contributors to the StableNet protocol. （At a later stage）

📌Get your free USDC!
All eligible users for the STA airdrop can claim 0.1 USDC in Lumoz Discord's faucet channel. This amount will be swiftly transferred directly to your address on Stablenet(when it launches on mainnet)

I hope you found this thread thrilling and if you have any questions, comment it and I will get back to you
Don't fade on this upcoming BLOCKCHAIN called LUMOZ and free $STA

Note: LUMOZ recently changed its name. It's former name is opside so the thread doesn't confuse you.


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