SAIL is the governance token of AdmiralDAO and SAIL holders will form the full membership of the DAO.

The core team took seriously the process of defining eligibility criteria for the airdrop. It is important that SAIL be rewarded based on value added to the community, and not simply by funds swapped or deposited. In that vein, community activities formed the greatest set of eligibility criteria. We analyzed the NFTs awarded through Adventures and Quests, as well as Discord roles, to build a dataset as eclectic and delightful as the captains, adventurers, creators, leaders, experts, degens, scallywags, and upstanding citizens that make up this wonderful community.

• All Adventure participants are included
• Pirates who won Adventures 2 and 3 received a winner’s bonus
• Community members with Trader and LP roles qualified
• Holders of Discord roles received additional distribution given their pivotal contributions to the community including (but not limited to):
  • Community Leaders and Apprentice community leaders that contribute to translating announcements, organizing events, and making sure the Clipper message gets out to the web3 world
  • Clipper Upstanding Citizens who demonstrated they understood Clipper’s core values of Knowledge, Camaraderie and Playfulness
  • Clipper Helper Doctors who earned the role by helping test new features
  • Adventure VIPs who went above and beyond the call of duty to help their fellow pirates

The airdrop consists of 100 million tokens, 10% of all SAIL minted. Half of the airdropped SAIL will be active immediately, and half will vest linearly over 24 months. 85% of the initial airdrop will occur on Eth Mainnet; 15% is reserved for future airdrops on other chains.

Our goal in distributing SAIL to positive and active members of Clipper’s community is to ensure the long-term viability of AdmiralDAO - the DAO of builders - and to seed the DAO with a membership serious about charting the future of DeFi through Clipper and its related projects. By structuring the vesting this way most SAIL hodlers will have sufficient balances to participate in AdmiralDAO immediately, rewarding long-term holders for retaining their tokens.

To confirm that your wallet is slated to receive SAIL in the coming mainnet airdrop you can check using this Look Up sheet.

The team also looked for any suspicious activity or attempts to farm the airdrop and excluded certain known bad actors.If you recognize a known Airdrop Farmer wallet address in the Look Up sheet alert @floss2xdaily. You will receive a bounty for your assistance.

If you have a wallet that has been compromised and you’d like to remove it from the Airdrop in favor of an alternate wallet please reach out to @floss2xdaily in Discord to initiate your appeal.