The Monolith airdrop is confirmed and is linked to swanUSD, a wstETH-backed stablecoin governed by SwanDAO. A total of 100,000 SWAN tokens, representing 1% of the project's fixed 10 million token supply, will be distributed equally among eligible wallets. To qualify, users must belong to a launch partner community and hold at least 1,000 sSwanUSD for seven consecutive days during the first 28 days after launch, from October 22 to November 19, 2026. The launch is scheduled for October 22, 2026, at 16:00 UTC, with the full snapshot criteria expected to be announced at launch. Eligible partner communities include Curve (veCRV), Convex (vlCVX), Yearn (yCRV holders and stakers), Stake DAO (sdCRV and vlSDT), and Inverse (INV, FiRM INV stakers, sINV, and Monolith sINV collateral users). Each wallet will be counted only once, even if it qualifies through multiple communities, so holding both veCRV and vlCVX in the same address will not increase the allocation. It's also important to note that unstaked swanUSD does not meet the holding requirement; users must hold at least 1,000 sSwanUSD continuously for seven days within the qualification window.
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