On December 4th, Cosmos DeFi Layer1 application chain Elys Network announced that the airdrop query has been launched, currently only able to query the airdrop situation of 5% of the supply. Elys will release detailed airdrop information accounting for 14% of the supply on December 8th, after which users can check their airdrop eligibility again.
Elys Network stated that in order to meet the qualifications of ATOM stakers, Hydro users or StATOM holders, it is necessary to participate in voting for proposal 897 (ICS 2.0: Partial Set Security Integration). The qualification threshold is staking at least 10 ATOMs and adopting a quadratic distribution model.