Task Completion: 5/17

Snapshot #1

11:59:59pm UTC May 1st, 2024

RFP Submission

Requirements:

• [x] Title “[PROJECT NAME] RFP”

  Harmony Bridge RFP

Introduction

• [x] Project name

  Harmony Bridge

• [x] Project use-case (100 words)

  The Harmony Bridge facilitates seamless cross-chain navigation, leveraging LazerZero to enable users to transfer assets between Harmony and major blockchains like Ethereum, Binance, Arbitrum, Linea, and Base. This interoperability enhances liquidity and access to diverse DeFi opportunities, promoting a more connected and efficient blockchain ecosystem.

Purpose of Distribution

• [x] Distribution plan for your token allocation

  • 50% Users that have bridged OFTs
  • 30% Liquidity Providers
  • 20% Recovery Contributors

• [x] Justification for your distribution plan

  The proposed distribution plan is designed to maximize user engagement and incentivize active participation in the Harmony LayerZero Bridge ecosystem. Allocating 50% to users who bridged OFTs rewards those who utilize key cross-chain functionality. The 30% given to liquidity providers recognizes their crucial role in maintaining trading efficiency and protocol liquidity for LayerZero bridged tokens. An additional 20% to recovery contributors honors the multisig custodians and partners for their efforts in securing the network, thereby encouraging continued trust and use of the Harmony LayerZero Bridge.

List of Addresses per Distribution Category

• [ ] Upload a CSV of your distribution breakdown

  • [x] CSV for bridge users

  448,312 Unique Wallets

  • [ ] CSV for Liquidity Providers

  79 Unique Wallets

  • [x] CSV for Recovery Contributors

  11 Unique Wallets

  Untitled

  • [ ] Developer Account Address

Details for Submission