AUUUDROP

PRYZM
6 min readJul 18, 2024

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We interrupt your usual Pryzm broadcast to bring you some breaking alpha from Refracted Beasts

THE TIME IS NOW

AUUU, FELLOW BEASTS! Can I get a loud, obnoxious howl from you all? Yeaah, that’s the spirit! How’s it going, gents and ladies? We’re closing in on our AUUDROP, and I want to make sure you’re all ready to join the party. Got a short attention span? Listen up: YOU HAVE ONE LAST CHANCE TO GET OFF YOUR ASS AND EARN SOME AUUU. How, you ask? Provide liquidity on Pryzm mainnet, cover my bar tab, and participate in the #refracted-tales Discord channel to rack up points.

What is AUUU?

AUUU is a lifestyle. It’s the reason you wake up and throw on that jazzy purple velvet suit sitting in your closet. It’s a call for FUN, a spicy twist to your 9–5 grind. How much value do you place on fun? For the wise and bold, AUUU should be priceless — a base currency for a life well-lived. The mission? To sharpen your trading prowess. AUUU isn’t for cashing out into centralized stablecoins — AUUU transcends all that. Trade fiercely between AUUU, pAUUU, yAUUU, and AUUU Boost. We’re counting on an AUUU DAO, our Wolf Pack, to rise and master the monetary policy of the AUUU token — handling its yield, minting, and burning. Do you have what it takes to join the pack and conquer the market? AUUU!

Our yield is built differently.

Think ’90s hip-hop swagger meets the wild, erratic nature of Argentinian bonds. Enter rAPY — random APY to keep you yield hunters perpetually on edge. Picture this: You wake up, head pounding, and yAUUU is at 10%. You rinse out the vodka aftermath, check again, and boom — 1200% APY. What do you do? This is the chaos our master traders thrive on. This token isn’t for the faint-hearted or the “I love government bonds” crew — it’s for the bold, the brazen, and the brilliantly mad.

Warning: Not for the faint-hearted or weak-willed.

How to Join the Party

Ready to have some fun? Be a good cub, participate, and you shall receive. We’re cutting through all those meritless launches that have plagued the recent past. We want to ensure tokens go to those who truly deserve them. Users who have been actively building Pryzm alongside the chad Pryzm team will see a nice fat airdrop in their wallet. Providing liquidity on Pryzm mainnet, bridging assets over, and being an active stakedrop participant are the behaviors we’re looking for in our pack. If you were an active testnet user (playing with monopoly money) and grinding it out in our Discord, you’re in for a BIGTIME boost multiplier for your airdrop.

Here are the details for the basic criteria for the airdrop and the corresponding distribution amount for each:

Criteria for the AUUU Airdrop (Snapshot 2nd August)

  1. Hold Liquidity Provider tokens from our Featured Pools. These tokens are called “Boost” tokens and you can buy them or deposit & mint them.
  2. Liquid Staking Token holders: cATOM, cOSMO, cINJ and cLUNA
  3. Yield Token Holders: yATOM, yOSMO, yINJ and yLUNA holders of any maturity
  4. Staked Dropooors: Delegators to Pryzm’s validators
  5. ATOM Delegators on the Cosmos Hub who can instantly convert their staked ATOM to cATOM.

Multipliers on 1–5 above (snapshots already taken).

  • Testnet Participants
  • Zealy Participants (Must have ICNS registered in the Zealy task)
  • Validators on Testnet
  • Others — validators, relayers, key community, team, contractors

Eligibility Criteria and Distribution Amounts

1. Liquidity Pool Token Holders

If you hold any of the following Liquidity Pool tokens, you are eligible for the airdrop. You can easily buy these tokens or deposit and mint them; just hold them in your wallet.

  • ATOM Boost, INJ Boost, OSMO Boost, LUNA Boost

Distribution Amount: Equivalent of 50 AUUUs per dollar. A snapshot date will be communicated taken shortly.

2. Liquid Staking Token Holders

If you hold any of these Liquid Staking Tokens, you are eligible:

  • cATOM, cOSMO, cINJ, cLUNA

Distribution Amount: Equivalent of 20 AUUUs per dollar. A snapshot date will be communicated taken shortly.

3. Yield Token Holders

If you hold any of these Yield Tokens of any maturity, you are eligible:

  • yATOM, yOSMO, yINJ, yLUNA

Distribution Amount: Equivalent of 50 AUUUs per dollar. A snapshot date will be communicated taken shortly.

4. Pryzm Validator Delegators

If you are delegating to any Pryzm validator for the following tokens, you are eligible:

  • ATOM, INJ, TIA, OSMO, DYM, LUNA

Distribution Amount: Equivalent of 10 AUUUs per dollar. A snapshot date will be communicated taken shortly.

Note: This is in addition to the regular weekly StakeDrop snapshots, where Pryzm tokens are earned weekly by delegators.

5. ATOM Delegators to Cosmos Hub Validators

If you are an ATOM delegator to any validator on the Cosmos Hub and instantly convert your staked ATOM to cATOM here, you are eligible. You can then optionally convert this cATOM to ATOM Boost Token to earn 2.5 times the AUUU.

Distribution Amount: Equivalent of 20 AUUUs per dollar and optionally 50 AUUUs per dollar if you convert to ATOM Boost Token

6. Testnet Participants

If you provided liquidity in the testnet, you can earn an airdrop multiplier.

Airdrop Multiplier: Earn up to 10% increase

7. Zealy Participants

Based on your current XP-based role, you can earn an airdrop multiplier.

Airdrop Multiplier: Earn up to 50% increase

Roles and Multipliers: Air Refractooor: 10%, Water Refractooor: 20%, Amber Refractooor: 30%, Zircon Refractooor: 40%, Diamond Refractooor: 50%

8. Testnet Validators

If you are a validator on the testnet, you are eligible for a multiplier on LP token holdings in the testnet.

*AUUU will be distributed in cAUUU, pAUUU, yAUUU and AUUU Boost. The sum of these will be equal to the amounts described earlier.

So there you have it, my friends. If you played hard, you’ll eat well. If you just clicked a few buttons thinking that would cut it, well, bless your heart, but maybe try your luck at the lottery instead.

Shake that rump

THE FUTURE IS LOOKING LIKE A WILD POOL PARTY IN VEGAS:

As the base currency for DEGENERACY, AUUU is gearing up to providing a couple of fun use cases for you. Here is a sample of what we have in store:

  1. The Beastly Bulls Trading Society: We are looking for the best traders out there. Can you start small and make a killing? Crack those knuckles, pour a scotch, and get ready. Prizes in PRYZM for those who outtrade the pack. Tools? pAUUU, yAUUU, multiple maturities, and APYs that make Venezuela’s inflation rate look like a Swiss fixed-income bond on a sedative. Bring your AUUU, steel cojones, and a bottle of Macallan 18. Remember: AUUU is your PRYZM resume — it determines how much PRYZM and other perks you’ll rake in. Make that stack grow like a bull market on steroids by dominating yield trading. Flip between AUUU, cAUUU, pAUUU, yAUUU, and LPAUUU as opportunities arise. May the yields be ever in your favor, and remember: Fortune favors the bold.
  2. NFTs: I won’t spoil all the fun, but know that Pryzm’s inaugural NFT collection, packed with perks, will only be purchasable with AUUU. You can only buy FUN with more FUN.

That’s it for now, you magnificent wild beasts. My best advice? Stay hungry, provide liquidity, stack those AUUUs and drink plenty of liquids (preferably of the whiskey variety) and follow @RefractedBeasts where we will shortly be announcing when the snapshot will happen.

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PRYZM

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