LAVA, the native asset of the Lava Network, is excited to announce that the Vesuvius Drop claims opened, July 10, at 4pm UTC, and will be available until July 18, 4pm UTC. To check your eligibility, visit the claims page.
What is Lava?
Lava is a blockchain network designed to connect users and developers with all other blockchains. It supports over 35 chains and has handled more than 40 billion RPC requests. Lava rewards, aggregates, and coordinates infrastructure providers such as RPC providers, which are essential for wallets and dApps to connect to the blockchain. Every interaction, like swapping tokens, sending assets, or checking balances, relies on RPC requests. Lava ensures faster and more reliable applications for users while allowing developers to focus on innovation rather than infrastructure.
- Using a wallet on Ethereum? Change your wallet RPC to Lava.
- Buying a memecoin on Base? Change your wallet RPC to Lava.
- Making a swap on Arbitrum? Change your wallet RPC to Lava.
Lava operates as a modular network where incentive pools attract and optimize a network of RPC providers for any blockchain. Support for new chains can be added permissionlessly, allowing the network to dynamically scale with demand. Lava can also support indexing, subgraphs, oracles, and more. Node providers join the network, and a peer-to-peer protocol pairs consumers with providers, incentivizing quality of service. Providers are scored on latency, uptime, and availability, and earn rewards in LAVA and other tokens from the incentive pools. Currently, NEAR, EVMOS, and AXELAR token pools are live on Lava testnet.
LAVA Supply and Vesuvius Criteria
The total supply of LAVA is 1 billion, with 56% allocated to community and ecosystem growth initiatives. The Vesuvius airdrop will distribute 6% of the supply to approximately 70,000 people, focusing on a smaller, more targeted distribution.
Lava early users
Lava testnet has now been running for 1.5 years and over that time we have been supported by many early adopters and contributors. This portion of the distribution is designed to retroactively reward testnet users across the following criteria, ranging from running an RPC node on testnet, adding new chains to Lava, supporting in our Discord to using Lava-powered RPC through Magma.
Onchain power users and communities
The Vesuvius Drop rewards active onchain power users and communities, including:
- Movement Network
- Monad
- Celestine Sloths Society (holding more than 1 NFT between May 1 and June 25 with at least $1 in the wallet)
- Bad Kids (holding more than 2 NFTs)
- The ATOM community pool
- Crypto educators and content creators
The aim is to reward advocates for blockchain technology and the most active users, driving the industry closer to mainstream adoption.
Node runners and infrastructure providers
The Vesuvius Drop also rewards active node runners and infrastructure providers, the often unsung heroes of crypto.
Satoshi envisioned a world where everyone would run their own nodes, ensuring trust through verification. Nowadays, node runners fulfill this crucial role for us. Lava not only offers a platform for these node runners but also allocates a portion of the Vesuvius Drop specifically to them.These include:
- Eigenlayer AVS node operators with at least 2 delegators and a minimum $50 stake
- Active Graph indexers
Researchers and technical contributors
The Vesuvius Drop recognizes the innovators propelling crypto forward. This includes contributors to:
- Eigenlayer, for mainstreaming node operations
- CosmosSDK, for enabling Lava
- Flashbots, for significant contributions to MEV and RPC
- Celestia, for the potential of modular blockchains
Claim your Vesuvius Drop now!
Lava will be airdropped to qualifying addresses that complete their claim verification before the cut-off date, coinciding with the Lava Public Mainnet launch. The Vesuvius airdrop is a step towards a decentralized and community-driven blockchain ecosystem.
Stay tuned for more updates as we approach the Mainnet launch. The eruption is near. Make sure to claim your distribution at https://claims.lavanet.xyz.