I’ve been in the Gnosis ecosystem since the ICO in 2017. I’m still holding the initial investment because, despite the ups and downs, I have never stopped believing in the strength and integrity of the community that includes CowSwap protocol. As a GNO holder, I was eligible for the 5% airdrop. In addition, because I strongly believe in the CowSwap project, I decided to lock my GNO in order to be eligible for the second 5% vested airdrop.
In order to stay updated, I checked on Medium these 3 articles “Step by step guide for claiming vCOW in Gnosis Chain”(1), “Step by step guide for claiming vCOW in Ethereum” (2) and “CoWs together, strong! Welcome vCOW token to the CoW Ecosystem!” (3) in February. The Medium for these were published on February 11th and included details on claiming VCow, but there was no deadline for claiming reported in them. This relaxed me and, because of the tax timeline, I decided to postpone claiming. That official guide made me confident about the absence of any deadline and thus it misled me to miss the airdrop.
Concerning the effectiveness and quality of communication, please also notice that there’s only one specific post on Twitter cited below (4) at 17.10 CET on March 24th. The post was made about 24 hours before the deadline and clearly announced the existence of that deadline for claiming. Unfortunately I didn’t notice it in time.
There aren’t any tweets about the claim deadline from Gnosis Twitter accounts.
Based on aforementioned points, it is clear that communication of the deadline was poor and wasn’t widespread enough outside Discord. The information given by the team was also misleading, in reference to the official step-by-step guides and to the article “CoWs together, strong! Welcome vCOW token to the CoW Ecosystem!” on Medium, which were already cited without any deadline reported in it. Based on the volume of interactions in Twitter and Discord concerning missing the airdrop, it seems that there is a high likelihood of many people having unintentionally missed the event. This issue is also the main subject in another proposal on Gnosis Dao forum (5) that further highlights its importance that currently has 26 votes and many well grounded comments.
All things considered, an airdrop is actually an investment that serves to create a community, to drive its engagement and to sustain its interest over time. If the airdrop did not reach everyone who wanted to partecipate, in reality you did not save money, but the investment cannot be considered completely successful. It’s clear that genuine project’s supporters need governance tokens to participate in the Dao’s decision-making process.
This proposal is in the early stages. We could say that we are still in the brainstorming phase. Despite that, I want to propose extending the possibility to claim the entire airdrop’s token amount for all eligible people that missed to claim. In order to avoid dumping behaviour, in that case the airdrop’s token amount claimed could be linearly vested for a period of time. We are also open to modify this proposal and adding more options in order to match the needs of the community.
This approach will provide an advantage to CowSwap because it will further nurture and tighten the bonds of the community on top of which the protocol is built including a residual extra option to avoid counterproductive behaviour by linearly vesting the original airdrop amount for a reasonable amount of time. I think that by offering advantages for CowSwap and showing faith in the long-term success of the project that we could reach the necessary consensus for reopening the airdrop’s claim in order to strengthen the great CowSwap community.