Gas Airdrops Breathe New Life into 2.3 Million Donuts | Remaining Donuts Shrink
A recent initiative has unlocked 2.3 million Donuts from wallets that previously lacked Ethereum for gas fees, leaving under 100,000 still illiquid. While enthusiasm surrounds this recovery, discussions continue about how to address a significant stash of 12 million Donuts lingering on the Gnosis Chain.
Airdrop Overview
The effort gained traction over the past year, spearheaded by a dedicated participant who targeted dormant wallets on the Arbitrum One network. Starting with 1 million Donuts unlocked ten months ago, the campaign saw subsequent waves that released 800,000 and 500,000 Donuts respectively.
"No need to thank, it was my own initiative. Glad it worked though."
The strategy involves sending gas fees to wallets containing Donuts but no Ethereum, effectively mobilizing assets trapped for extended periods. Amidst the success, the participant noted that fewer than 100,000 Donuts remain stuck in illiquid wallets as of now.
What Lies Ahead for Gnosis Chain Donuts?
A notable cache of around 12 million Donuts still exists on the Gnosis Chain, where limitations have left holders frustrated. Discussions are brewing about potential solutions to garner liquidity.
The community has suggested several ideas:
Establishing a new bridge to facilitate token transfers
Community-led liquidity incentives
Collaborating with existing bridge services
One inquiry popped up on the forums:
"Any creative ideas to make those Gnosis Donuts liquid again?"
Community Perspectives
As the Donut price has surged by 250% this month, user sentiment is mixed. Some feel left out, voicing concerns about the trapped tokens. A representative quote highlighted their frustration:
"What are your plans about 12 million idle Donuts?"
However, supporters are celebrating the initiative, fueling discussions about unlocking more assets.
Notable Insights
🔓 2.3 million Donuts have been freed through gas airdrops
🔻 Remaining 100,000 Donuts are now inaccessible
💰 Approximately 12 million Donuts are still on Gnosis Chain
With ongoing conversations spelling out a path forward, it remains to be seen how the community will rally around solutions for both the remaining 200,000 liquid Donuts and the vast stash on Gnosis Chain.