Introduction
Celestia, the pioneering modular blockchain, has announced the launch of its native token TIA alongside the Genesis Drop airdrop initiative. This event targets 7,579 developers and 576,653 on-chain addresses across Ethereum Rollups, Cosmos Hub, and Osmosis, rewarding contributions from developers, ecosystem participants, stakers, and general users.
Celestia Blockchain Overview
Built on CometBFT and Cosmos SDK, Celestia operates as a proof-of-stake (PoS) blockchain with protocol-level delegation. Key features:
- Initial validator set: 100 nodes
- Staking rewards for validators and delegates
- Validators may charge fees on delegated stakes
TIA Token Utility
1. Data Availability (DA) Payments
- Rollup developers pay for blobspace (data storage) using TIA via
PayForBlobs (PFB)transactions. - Similar to ETH in Ethereum Rollups, TIA acts as the gas token for modular chains.
2. Staking & Network Security
- Stake TIA to validators to earn rewards and participate in consensus.
- Delegators receive a share of validator rewards.
3. Governance
- Vote on network parameters (e.g., block rewards, community pool allocations).
- Community Pool: Receives 2% of block rewards for ecosystem funding.
TIA Tokenomics
Genesis Supply: 1 Billion TIA
| Allocation | Percentage | Unlock Schedule |
|---|---|---|
| Public Distribution | 20% | Fully unlocked at launch |
| Foundation & Devs | 26.8% | 25% at launch, 75% over years 1–4 |
| Seed Investors | 15.9% | 33% in Year 1, 67% over years 1–2 |
| Series A/B Investors | 19.7% | 33% in Year 1, 67% over years 1–2 |
| Core Contributors | 17.6% | 33% in Year 1, 67% over years 1–3 |
Inflation Model
- Initial rate: 8% annually
- Decay: 10% yearly until stabilizing at 1.5%
Genesis Airdrop Details
Total Allocation: 60 million TIA
Claim Deadline: October 17, 2023 (20:00 UTC)
Exclusions: Users in the U.S. or prohibited jurisdictions.
Airdrop Categories:
Research & Public Goods (6M TIA)
- Protocol contributors, EIP/BIP authors, and Eth Research forum members.
Early Modular Adopters (14M TIA)
- Developers in Celestia’s ecosystem, Modular Summit attendees, and GitHub super-contributors.
Ethereum Rollup Users (20M TIA)
- Active users on OP Mainnet, Arbitrum, StarkNet, etc. Excludes Sybil addresses.
Cosmos Hub/Osmosis Stakers (20M TIA)
- Addresses with ≥$75 staked (snapshot taken January 1, 2023).
FAQs
1. How do I check my airdrop eligibility?
Visit Celestia’s official claim portal and connect your eligible wallet.
2. What happens to unclaimed TIA?
Unclaimed tokens (up to 45M TIA) will be redistributed to developers and active addresses.
3. Can I stake TIA immediately after claiming?
Yes—all claimed tokens are unlocked and stakeable.
4. Why is TIA’s inflation rate dynamic?
To balance early network growth with long-term sustainability.
5. What’s the role of the community pool?
Funds ecosystem initiatives via governance votes.
6. Are validator fees mandatory?
No, but validators may charge up to a self-set commission rate.
Final Notes
Celestia’s modular approach and TIA token mark a significant leap for blockchain scalability. 👉 Explore Celestia’s official documentation for technical details.
Disclaimer: This content is for informational purposes only and does not constitute financial advice.
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