Airdrop

Community Incentives

Airdrop 1

Up to 23% of the total supply (4.83M BONZAI) to BONZAI + DSLA holders.

Based on the March 30 snapshot, specially 11:59:59 p.m CET on March 30.

The formula for this airdrop is DSLA holdings / DSLA supply * 4.83M BONZAI allocation.

To align interests between BONZAI and DSLA holders, the airdrop is vested, meaning that corresponding tokens unlock over time.

The airdrop is vested 3/6/9/12 months, depending how many qualify by 11:59:59 p.m CET on March 30:

• If up to 25% of 4.83M qualify -> up to 1.2M BONZAI will be distributed with 3 months vesting;

• If up to 50% of 4.83M qualify -> up to 2.41M BONZAI will be distributed with 6 months vesting;

• If up to 75% of 4.83M qualify -> up to 3.6M BONZAI will be distributed with 9 months vesting;

• There will be a 12 months vesting above 75% who quality.

N.B.

• 🗓 The vesting schedule means that the airdrop will be distributed in at least 3 transfers.

e.g. May 15, June 15 and July 15.

• 🏆 To quality for an airdrop transfer, you need to hold the same amount of DSLA you held at snapshot time, for the entire duration of the vesting period.

e.g.

Hold 1000 DSLA on March 30, and on May 15, to get the 1st transfer.

Hold 1000 DSLA on June 15, to get the 2nd transfer.

Hold 1000 DSLA on July 15, to get the 3rd transfer.

• If on the 2nd transfer, you don't hold the same amount of DSLA you held at snapshot time, there will not be 3rd transfer (and so on).

After all transfers are complete, the remainder of the 4.83M airdrop allocation will fund future community incentives.

Note that 4.83M BONZAI is the maximum allocation if 100% of DSLA holders were to qualify. At the time of writing, less than 25% of DSLA holders qualify, which translates into a 3 months vesting and a maximum distribution of 1.2M BONZAI.

Airdrop 1 Complete

Airdrop 2

1.5% of the total supply (315K BONZAI) to BONZAI holders.

Based on the March 5 snapshot.