Pyth Network Airdrop
Pyth Network Overview
Pyth is a protocol that allows market participants to publish pricing information on-chain for others to use. The protocol is an interaction between three parties:
Data providers submit pricing information to Pyth's oracle program. Pyth has multiple data providers for every price feed to improve the accuracy and robustness of the system.
Pyth's on-chain oracle program on Pythnet combines providers' submitted data to produce a single aggregate price and confidence interval.
Applications read the price information produced by the oracle program. More specifically, Pyth allows users to “pull” prices onto the blockchain when needed. Those prices become publicly available for everyone on that chain.
TLDR: Pyth Network is a decentralized oracle network (like Chainlink) with integrations on Ethereum, Cosmos, Solana, Aptos, and other chains.
- To check if you qualify for the airdrop, you can connect your wallet to the Pyth Network retrospective airdrop checker here.
- You may qualify based on your historic on-chain activity across a variety of blockchains including Ethereum or any layer 2, Solana, Cosmos, Aptos, Sei, Sui, Injective, Neutron, and Osmosis.
- We estimate that each $PYTH token could be worth anywhere between $0.10 and $1 at launch, depending on a variety of factors including market conditions.
Read more about they $PYTH token here: https://pyth.network/blog/understanding-the-pyth-tokenomics?ref=pyth-network.ghost.io