MASA Initial Airdrop Distribution Now Live

Redeem your Initial MASA Airdrop Rewards

Masa
4 min readMay 11, 2024

Introduction

The Masa Team is excited to announce that the MASA initial token airdrop redemption is now live. Eligible users who chose their token reward bonus and lock-up period, can now claim the initial 20% of their airdrop on Base.

It’s now time to redeem your initial $MASA Airdrop Rewards. Official Airdrop Portal Link: http://claim.masa.ai/

Thank you to the nearly 300,000 of you who participated in our Masa Airdrop program. Our community means everything to us, and we’re very grateful to be debuting our highly-anticipated MASA token airdrop for our loyal community members.

In this blog, we’ll discuss how to redeem your initial MASA airdrop token rewards.

To check whether you’re eligible and submit your MASA airdrop claim, please read our blog: MASA Token Airdrop Claim Now Live

For full details on our Masa Airdrop Program, please read: MASA Token Airdrop Claim & Rewards Program

MASA Airdrop Portal

Masa‘s Airdrop Portal is now live, powered by Hedgey, giving you the ability to redeem your initial token airdrop, and see your lock-up tokens and future reward distribution date in the dashboard.

If you submitted your reward bonus and token lock up before May 11th in the Masa App, then your initial token redemption is ready. After May 11th, whenever you submit your reward bonus and token lock-up, airdrop claims will be redeemable following the schedule below. Participants will have 3 months to claim their airdrop after which time unclaimed tokens will be returned to Masa Foundation Treasury.

Please note: If you’re eligible for the Masa Token airdrop, but did not submit your reward bonus and lock-up period, it will show as not eligible in the claim portal. Please submit your reward bonus and lock-up period in the Masa App, and you’ll be able to redeem on the following Monday or Friday.

If you haven’t submitted your Masa token reward bonus and lock-up claim yet, please follow these instructions: MASA Token Airdrop Claim Now Live

You can submit your Airdrop Claim here: https://app.masa.ai/airdrop

How it the MASA Airdrop Portal Works:

To redeem your initial MASA token lock-up, follow these steps:

Step 1: Go to the Official MASA Airdrop Portal: http://claim.masa.ai/

Step 2: Connect your wallet and check eligiblity

Make sure to use the same wallet you used to submit your airdrop reward bonus and lock-up.

Step 3: Review your initial token lock-up and future reward allocation.

Step 4: Redeem your tokens and confirm the transaction.

You’ll be receiving MASA tokens on Base, so make sure you have ETH on Base to cover the gas fees.

Step 5: Success!

You’ve redeemed your initial airdrop allocation, and can review your future token allocation in the portal.

If you submit your lock-up and reward bonus in between any of these dates, you’ll be able to redeem your airdrop claim at the next available date.

Airdrop Distribution Schedule:

  • Friday, May 17th — Now Live
  • Wednesday, May 22nd
  • Friday, May 31st
  • Friday, June 28th
  • July 31st — Deadline for Submitting Claims
  • All Claims must be Redeemed by August the 9th

Important note: When you claim your MASA airdrop on our Airdrop Portal, powered by Hedgey, you’ll receive an NFT in your wallet. This NFT serves as your token lock-up agreement, and should NOT be sold. Selling this NFT will result in you losing your locked tokens, and who buys your claim will have the right and ability to redeem your tokens.

Important Note: DO NOT transfer MASA tokens you receive on Base to centralized exchanges or it could incur loss of funds. Make sure to bridge MASA tokens to Ethereum first, before transferring to centralized exchanges. MASA Bridge: https://app.masa.ai/bridge

Security and Transparency

At Masa, the security of your assets and the transparency of our processes are of utmost importance. The locked tokens will be stored securely in Hedgey lockup contracts that have been audited by three independent audit firms (Consensys, AuditOne, and Resonance), ensuring the safety of your assets. With all claims visible on-chain it will be easy to measure and understand the impact of lockups on emissions and supply over the next 12 months with full transparency — the Masa Foundation will also publish updated token economics at the end of the three month claim period.

Excluded Jurisdictions

Certain jurisdictions may be excluded from participating in the MASA token airdrop, including but not limited to the United States, Canada, and any countries subject to sanctions by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). It is the responsibility of each individual to ensure their eligibility to participate based on their local laws and regulations. Masa reserves the right to prohibit participation from any jurisdiction at its sole discretion.

In Conclusion

With the MASA token airdrop finally here, we’re very excited to expand our global community of onchain token holders. In the future, Masa will introduce future community reward incentives, and continue to honor our most loyal members and token holders.

Thank you for your contributions and continued support, as we expand the Masa Network across the globe.

Be a part of the Masa Community 👨‍🚀

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Masa
Masa

Written by Masa

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