The first Moats App airdrop of Arena migrations fees will go live later today.
This will be to users who unstake from one Moat and migrate to the other. Users who unstaked from avax or robinhood and restaked or locked/burned on the other chain.
Airdrops are proportional to the amount migrated. Example: If you unstake 1 million (after fees) and only restake 500,000 on the other chain, you receive 50% of your fees back.
This first airdrop will have no time restraints, if you migrated within the last 2 weeks (since launch) then you will receive fees back. Going forward, migration will require completion within 48 hours. These airdrops will occur weekly for the foreseeable future
cc:
@malek_matthew @jasonmdesimone @agentboff @CollinCusce @TFOACount
