Important Security Notice
Avoid clicking on any links related to the Soarchain Genesis Drop. The Genesis Drop will be directly distributed to your wallets unless specified otherwise for certain categories (e.g., multi-step process for Akash, Cosmos, Celestia, MilkyWay). Please remain cautious and safeguard your assets. SOAR will never be distributed in any other way on any social media.
No person from the Soarchain team will ever:
Ask you for your seed phrase or private key.
DM you first about the Soarchain Genesis Drop.
Ask you to send them SOAR or any other token.
Provide you with any unsolicited link to claim the Genesis Drop.
Note: The Genesis Drop for Akash, Cosmos, Celestia, and MilkyWay will be done through a multi-step process, which will be shared through our official Soarchain Discord, Telegram, X (Twitter), and blog pages. Always ensure you are accessing links directly from our official communications.
Overview of Soarchain
In Soarchain’s decentralized network, each vehicle becomes a node contributing to a vast, real-time data ecosystem. This isn't just connectivity; it's a blueprint for a smarter, safer, and more efficient transportation system. With Soarchain's DePIN, vehicles transform into data powerhouses, fueling AI innovation and driving the future of connected mobility.
Important Migration Notice
To receive the airdrop for any category listed below, users must migrate to a Solana wallet.
✅If you have already completed the Solana wallet migration and have a Solana wallet address generated through Soarchain Connect mobile application, please ignore the following instructions.
To confirm, check the latest version of the Soarchain Connect mobile app by importing your wallet. If you see your Solana wallet address and funds on the Wallet page, your migration is already complete.
❗If you haven’t completed the migration, please follow the steps below.
Update your Soarchain Connect mobile app to the latest version available in app stores.
Import your wallet using your 24-word seed phrase.
Claim your Testnet funds: The app will prompt a claim fund request to transfer your funds to the new Solana wallet.
Note: After clicking the request funds button in the mobile app, the funds will be sent to your wallet before the migration deadline.
Confirmation: If you see your funds in the Soarchain Connect mobile app wallet page in the latest version of the app, you have already completed the migration.
Migration Deadline: November 29 2024 09:00 UTC
Important: After the migration deadline until the Network Launch starts, no testnet rewards will be distributed for any category, including the Soarchain Mini Mining Rewards.
Failing to complete the migration will result in losing all eligibility for the airdrop rewards.
For more details, check out the blog post regarding the migration: Soarchain Mainnet Transition: Major Wallet and App Enhancements
Genesis Drop Allocation
The total number of SOAR tokens to be distributed in the Genesis Drop is 41,118,000 SOAR. Distributions for all categories will occur in 15-day intervals, starting from 30 days after the Network Launch on Solana Main Network (December 4-6 2024). Categories listed below have different starting times and percentages unlocked on distribution days.
Viewing Distribution Schedules
Detailed distribution schedules for all categories for each wallet address—including the V2N Soarchain Mini mining and Tesla mining rewards—will be available in the Soarchain Connect mobile app. Users can view the distribution dates and the amount of tokens to be distributed on each day by providing their Solana wallet address within the app. All the details will be shared through our official channels after the snapshot is taken and before the distribution starts.
Why Bi-Weekly Distribution?
We have chosen a bi-weekly distribution cycle to ensure the longevity and stability of the Soarchain network. By distributing tokens gradually every 15 days, we promote sustained engagement and participation from our community members. This approach helps maintain a stable network environment and fosters a healthier ecosystem. It enhances network security and provides a safer experience for all participants, ensuring that the growth of the network is steady and sustainable.
Categories and Allocations
Category | Total Allocation (SOAR) |
Soarchain Mini Mining Rewards | 16,000,000 |
Soarchain Mini Testnet Welcome Rewards | 3,000,000 |
Tesla Users | 300,000 |
Validators | 950,000 |
OG Role and Zealy Rewards | 240,000 |
OEM Pre-Registration Rewards | 125,000 |
Runner Node Applications | 1,500,000 |
Akash Users | 7,600,000 |
Atom Users | 5,700,000 |
Celestia and MilkyWay Users | 5,700,000 |
Tesla Referral Code Owners | 3,000 |
Category Details
1. Soarchain Mini Mining Rewards (16,000,000 SOAR)
Important Deadline, Snapshot date (End of Testnet): November 29 2024 09:00 UTC
Note: After this deadline until the Network Launch starts, no testnet rewards will be distributed for any category including Soarchain mini mining rewards until the Network Launch on Solana mainnet.
Eligibility: To ensure you receive the Genesis Airdrop, your funds must be in your registered wallet.
How to Check Your Registered Wallet:
Open the Soarchain Connect app.
On the Dashboard tab, confirm that you see "Soarchain mini device is registered".
Your registered wallet address will be the address shown under the Wallet tab as your Solana wallet address.
What You Need to Do:
If your funds are already in this wallet: No action is required. Your rewards are already in the correct wallet, and you’re good to go!
If your funds are not in this wallet: This means that you sent your earned funds to another address. You must transfer your earned rewards back to your registered wallet address.
Please ensure all funds are in your registered wallet before the Testnet Snapshot date on November 29, 2024 (Friday) to qualify for the airdrop.
Conversion Ratio:
The total accumulated testnet mining rewards of all users will be calculated after the snapshot date.
Estimated Total Testnet Mining V2N Rewards: 24,000,000 tokens (this is an estimate; the actual total will be shared after the deadline).
Conversion Ratio = 16,000,000 / Total V2N Testnet Mining Tokens
Your V2N Mainnet SOAR = Your Testnet V2N Tokens × Conversion Ratio
Distribution Schedule:
Starts 30 days after Network Launch.
There will be a maximum of 10 distribution cycles in total.
Distributions occur every 15 days.
Note: Wallets with smaller balances will receive their tokens over fewer distribution cycles, while wallets with larger balances will have their tokens distributed over more distribution cycles. The maximum number of distributions per wallet is 10.
Example Calculation:
If you have 1,000 tSOAR testnet tokens:
Conversion Ratio: Assuming total V2N testnet tokens are 24,000,000
Conversion Ratio = 16,000,000 / 24,000,000 ≈ 0.667
Your Mainnet SOAR: 1,000 × 0.667 ≈ 667 SOAR
Viewing Distribution Schedules:
Detailed distribution schedules for V2N Soarchain Mini mining rewards will be available in the Soarchain Connect mobile app after the snapshot date.
2. Soarchain Mini Testnet Welcome Rewards (3,000,000 SOAR)
Eligibility: Users who purchased Soarchain Mini devices during the testnet period.
To ensure you receive the Genesis Airdrop, your funds must be in your registered wallet.
How to Check Your Registered Wallet:
Open the Soarchain Connect app.
On the Dashboard tab, confirm that you see "Soarchain mini device is registered".
Your registered wallet address will be the address shown under the Wallet tab as your Solana wallet address.
What You Need to Do:
If your funds are already in this wallet: No action is required. Your rewards are already in the correct wallet, and you’re good to go!
If your funds are not in this wallet: This means that you sent your earned funds to another address. You must transfer your earned rewards back to your registered wallet address.
Please ensure all funds are in your registered wallet before the Testnet Snapshot date on November 29, 2024 (Friday) to qualify for the airdrop.
Allocation: The 3,000,000 tokens will be equally distributed to all Soarchain mini registered wallets that meet the criteria.
Distribution Schedule:
Starts 30 days after Network Launch.
There will be 10 distributions, and each will unlock the same amount of rewards.
Distributions occur every 15 days.
3. Tesla Users (300,000 SOAR)
Important Deadline: Snapshot date to be announced
Note: After this deadline until the Network Launch starts, no testnet rewards will be distributed for any category until the Network Launch on Solana mainnet.
Eligibility: To ensure you receive the Genesis Airdrop, your funds must be in your registered wallet.
How to Check Your Registered Wallet:
Open the Soarchain Connect app.
On the Dashboard tab, confirm that you see "Tesla account registered".
Your registered wallet address will be the address shown under the Wallet tab as your Solana wallet address.
What You Need to Do:
If your funds are already in this wallet: No action is required. Your rewards are already in the correct wallet, and you’re good to go!
If your funds are not in this wallet: This means that you sent your earned funds to another address. You must transfer your earned rewards back to your registered wallet address.
Please ensure all funds are in your registered wallet before the Testnet Snapshot date on November 29, 2024 (Friday) to qualify for the airdrop.
Conversion Ratio:
The total accumulated testnet mining rewards of all Tesla users will be calculated after the snapshot date.
Estimated Total Testnet Tesla Mining V2N Rewards: 600,000 tokens (this is an estimate; the actual total will be shared after the deadline).
Conversion Ratio = 300,000 / Total Tesla V2N Testnet Mining Tokens
Your V2N Mainnet SOAR = Your Testnet Tesla V2N Tokens × Conversion Ratio
Distribution Schedule:
Starts 30 days after Network Launch.
There will be 10 distributions, and each will unlock the same amount of rewards.
Distributions occur every 15 days.
Example Calculation:
If you have 1,000 tSOAR testnet tokens:
Conversion Ratio: Assuming total Tesla V2N testnet tokens are 600,000
Conversion Ratio = 300,000 / 600,000 = 0.5
Your Mainnet SOAR: 1,000 × 0.5 = 500 SOAR
Viewing Distribution Schedules:
Detailed distribution schedules for Tesla mining rewards will be available in the Soarchain Connect mobile app after the snapshot date.
4. Validators (950,000 SOAR)
Eligibility: Testnet Validators
While accumulated validator rewards do not impact airdrop amounts for validators, it is essential that all earned rewards from validator operations remain in their respective validator wallet addresses.
Failure to keep rewards in the validator wallet will result in ineligibility for the airdrop. Please ensure this step is completed to secure your airdrop eligibility.
Distribution Categories:
a) Uptime (152,000 SOAR)
Score: Based on uptime duration (0-10 scale).
Calculation: Uptime Reward = (Individual Score / Total Score) × 152,000
b) Node Updating (152,000 SOAR)
Score: Based on promptness of node updates.
Calculation: Node Updating Reward = (Individual Score / Total Score) × 152,000
c) Governance Proposal (76,000 SOAR)
Score: Based on participation in governance proposals.
Calculation: Governance Reward = (Individual Score / Total Score) × 76,000
d) Community Engagement (570,000 SOAR)
Rewards: Based on completion of approximately 10 community tasks.
Reward per Task: 500 to 1,000 SOAR
Maximum Possible Reward: 10,000 SOAR
Distribution Schedule:
Starts 30 days after Network Launch.
There will be 10 distributions in total.
Distributions occur every 15 days.
5. OG Role and Zealy Rewards (240,000 SOAR)
Eligibility:
OG Motuzen Role Holders
Zealy Task Participants
Details:
All rewards earned on Testnet for the Zealy tasks and the OG Motuzen role will be doubled and shared.
Zealy users will receive rewards proportional to their testnet earnings, doubled.
OG Motuzen role holders receive a fixed allocation, doubled.
Distribution Schedule:
Starts 30 days after Network launch.
There will be 4 distributions in total.
Distributions occur every 15 days.
6. OEM Pre-Registration Rewards (125,000 SOAR)
Eligibility: Users who completed OEM pre-registration during the testnet period.
Distribution Schedule:
Will start when the applied OEM (car company) is added to the network.
If your car brand is added in the future and you pre-registered, you will be able to claim this airdrop category.
Details: Exact distribution schedule will be shared in the future.
There will be 10 distributions in total.
Distributions occur every 15 days.
7. Runner Node Applications (1,500,000 SOAR)
Eligibility: Users who applied for the Runner program during the testnet.
Details:
You will have priority to operate a Runner node upon the start of the program.
Once you start your Runner node, you will be eligible for the Runner airdrop.
Distribution Schedule:
Will begin when Runners are ready for users.
There will be 10 distributions in total.
Distributions occur every 15 days.
Details: Exact distribution schedule will be shared once the runner operations become functional.
8. Akash Users (7,600,000 SOAR)
Eligibility: Akash network users who meet specific criteria.
Action Required:
Details to be announced from official Soarchain accounts.
Criteria:
Delegators staking a minimum of 50 AKT.
Allocation is divided based on a participation score calculated as stake × activity score.
Categories:
Participation Score | SOAR Allocation | Minimum SOAR |
80-100% | 3,600,000 | 600 |
0-80% | 4,000,000 | 180 |
Distribution Schedule:
Details and dates will be shared soon.
9. Atom Users (5,700,000 SOAR)
Eligibility: Atom users who meet specific criteria.
Action Required:
Details to be announced from official Soarchain accounts.
Criteria:
Delegators staking a minimum of 40 ATOM.
Allocation is divided based on a participation score calculated as stake × activity score.
Categories:
Participation Score | SOAR Allocation | Minimum SOAR |
80-100% | 2,700,000 | 50 |
0-80% | 3,000,000 | 15 |
Distribution Schedule:
Details and dates will be shared soon.
10. Celestia and MilkyWay Users (5,700,000 SOAR)
Eligibility: Celestia and MilkyWay network users who meet specific criteria.
Action Required:
Details to be announced from official Soarchain accounts.
Criteria:
Delegators staking a minimum of 40 TIA and/or 20 milkTIA.
Allocation is divided based on a participation score calculated as stake × activity score.
Categories:
Participation Score | SOAR Allocation | Minimum SOAR |
80-100% | 2,700,000 | 90 |
0-80% | 3,000,000 | 27 |
Distribution Schedule:
Details and dates will be shared soon.
11. Tesla Referral Code Owners (3,000 SOAR)
Eligibility: Users who had a Tesla referral code during the testnet period.
Total Allocation: 3,000 SOAR
Details:
The earned rewards for code owners will be in a 1:1 ratio with their contributions.
Distribution Schedule:
All Tesla Referral Code Owner rewards will be distributed on day 30 after Network Launch in a single distribution.
Important Notes
Migration Deadline: November 29 2024 09:00 UTC
Note: After this deadline until the Network Launch starts, no testnet rewards will be distributed for any category.
Distributions:
Starting 30 days after Network Launch.
Distribution Frequency: Every 15 days.
Number of Distributions: Varies by category (specified in each category).
Token Leftovers: Any tokens leftover from categories will be sent to strategic reserves.
Final Reminders
Ensure Migration: To receive your airdrop, migrate your wallet before the deadline.
Stay Updated: Keep an eye on our official channels for updates on claim pages and detailed instructions.
Security First: Never share your seed phrase or private keys. Be wary of phishing attempts.
Need Assistance?
For any questions or assistance, please reach out through our official channels:
Join us in revolutionizing the mobility sector. Your participation drives the future of connected vehicles. Let's soar together with Soarchain!
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