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🌙 Charles Hoskinson confirms Glacier Drop will be for ADA holding wallets only, not CNTs. Only wallets that support dApps (SIP-30) are eligible. Snapshot is imminent, no advance notice, no “runaway” opportunity. ❄️ #Cardano #Midnight #Airdrop #ADA #Web3 #DeFi #CryptoNews #Blockchain
13,054 views • 1 year ago •via X (Twitter)
10 Comments

Excluding CNT holders punishes the most active users in the Cardano ecosystem, undermining the principle of rewarding participation. If the airdrop only favours basic ADA holders, it ends up rewarding large passive wallets, while the builders, DeFi users, NFT communities, and risk-takers who actually use the network get nothing. It sends the wrong message: that passive holding is more valuable than active support. And that hurts Cardano’s long-term health.

@IOHK_Charles I’m sorry. But what an absolute fucking clown. Time to move water from one side of the bathtub to the other I guess.

@IOHK_Charles Coin Market Crap is the best Freudian slip I agree with.

@IOHK_Charles OG Daedalus holders are excluded from the Glacier Drop. It’s crazy that the most secure and autonomous wallet can’t participate.

@IOHK_Charles All wallets that have ADA get the drop / you just need a dApp enabled wallet to claim

@IOHK_Charles What wallet should I keep my $ADA in order to receive the Midnight drop?

@IOHK_Charles It’s impossible to support CNTs in fair way, I can create CNT and trade between myself and make it 3bln ADA Marketcap. So it would be highest mcap CNT and I’d get more airdrop than snek & other cnt holders, do you begin to see issue here?

@IOHK_Charles Could be wrong, thought his quote was the snapshot was already done, not imminent.

@IOHK_Charles Not Deadulas

@IOHK_Charles This is dumb, your basically telling people to sell their natives just for this drop
