# Bluefin Foundation Statement

## Official Statement from the Bluefin Foundation: Bluefin Airdrop Update

<figure><img src="https://1758625502-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ff0258RL5jITQsHj6Pm47%2Fuploads%2FYo3yrKZiaTICDwjRoLlH%2FAirdrop%20update.png?alt=media&#x26;token=0317c0eb-09cc-413e-8adf-849e7d96cfdf" alt=""><figcaption></figcaption></figure>

We’re grateful for the support from our community, partners, and their communities since the release of the Bluefin Airdrop Eligibility Checker.&#x20;

The Bluefin airdrop was designed to bring together cross-chain communities and showcase Bluefin and the network by which it is powered, Sui. Bluefin’s Airdrop included the broader Sui ecosystem, communities from Solana, Base, and Ethereum, and the long-standing members of the Bluefin community.&#x20;

Today, we bring to you the following updates:

### **Wallet Support**

We’ve expanded wallet compatibility to improve the eligibility and claiming process for all users. Here’s the latest:

* Added Support:
  * Ledger (EVM-based wallets): Fully supported via WalletConnect
  * Rabby Wallet: Fully supported
  * Ledger (on Solana): Fully supported&#x20;
* Supported Wallets (Recommended Updates):
  * Martian, Suiet, OKX Wallets: These wallets are already supported, but please ensure your wallet extensions are updated to the latest version and disable other Sui supported wallets.

### **Points Multiplier for Bluefin Beta on Sui**

Since launching Bluefin on the Sui network in September 2023, the exchange has welcomed 50,000+ users. To recognize those users who have actively pushed Bluefin forward, we’ve introduced a **20% boost** for all Trade & Earn rewards earned this year. This additional reward is now visible on the "Other" tab within your Rewards Dashboard.

### **Vesting Update to Bluefin Points and Airdrop Allocations**

We’ve optimized the vesting schedules from historical points, and airdrop allocations to balance early liquidity access with long-term growth:

* Bluefin Historical Points:
  * 80% unlocked at TGE
  * 10% unlocked at Month 1
  * 10% unlocked at Month 2
* Bluefin Airdrop Recipients:
  * 50% unlocked at TGE
  * 25% unlocked at Month 1
  * 25% unlocked at Month 2

### **Eligible Users and Communities**

Updates have been made to the following partner communities:

* Newly Added:
  * Historical Points: Includes Bluefin Perps, Bluefin Spot, Referral Program, Bluefin Stable Pools, and more.
  * Elixir LPs (Bluefin Nexus), Suiplay, and Suilend Leaderboard.
* Updated Allocations:
  * Bluefin Community: Revised allocations for Bluefin Ambassadors, Trader Alliance members and Firefly Pioneers.
  * Rootlets: Revised eligible wallet addresses and allocations.
  * 7k List: Duplicate entries removed

### **Partner Communities Filter Criteria (select partners shown)**

| Community                                                                | Filter Criteria                                                                                                                                 | Snapshot date     |
| ------------------------------------------------------------------------ | ----------------------------------------------------------------------------------------------------------------------------------------------- | ----------------- |
| Jupiter                                                                  | Top 10k JUP Stakers                                                                                                                             | November 18, 2024 |
| Elixir                                                                   | Distributed to Elixir Cult members, varying amounts based on activity levels                                                                    | November 18, 2024 |
| Wormhole                                                                 | Selected 10k EVM governance delegators                                                                                                          | November 14, 2024 |
| Pyth                                                                     | <p>195 Discord Members</p><p>1003 Pythenians </p><p>1500 OIS Stakers </p>                                                                       | November 26, 2024 |
| Aerodrome                                                                | veAERO holders - the minimum hold amount to be eligible for the drop was 500 veAERO. Protocols and Aerodrome Foundation accounts were excluded. | October 25, 2024  |
| Suilend                                                                  | Rootlet NFT Holders and Suilend Leaderboard top 1000 users                                                                                      | November 13, 2024 |
| Mad Lads, Pudgy Penguins, Lil Pudgys, Azuki                              | All unique holder addresses were rewarded, and holders who joined the Bluefin discord prior to the snapshot date received double rewards        | November 25, 2024 |
| Firefly Pioneers and Trader Alliance Members (Bluefin’s legacy programs) | Even distribution of rewards across all members                                                                                                 | June 8, 2022      |

### **Claiming Your BLUE Allocation**

{% hint style="info" %}
NOTE: In order to claim your airdrop at TGE you will need to provide any amount of liquidity to any Pool available on Bluefin at <https://trade.bluefin.io/liquidity-pools>. You can view a tutorial on how to provide liquidity [here](https://learn.bluefin.io/bluefin/bluefin-spot-clmm/tutorials/adding-liquidity-creating-a-position).
{% endhint %}

To ensure you receive your allocation, please complete your eligibility verification and claim your rewards as soon as possible. The claiming window will remain open for 42 days after the token genesis event (TGE).&#x20;

The genesis of BLUE is a key step in Bluefin’s journey, and we’re excited to cross that milestone with you soon. Thank you for your support.

#### *Bluefin Foundation*

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