Check address eligibility
Introducing the Trustlines Merkle Drop
Trustlines Blockchain requires transaction fees to be paid in Trustlines Network Coins (TLC). To reach a broad set of individuals, we conducted a Merkle Drop of Trustlines Network Tokens (TLN) on Ethereum. TLN are ERC20 tokens that can be converted to TLC by sending them to a bridge contract.
The Merkle Drop is a smart contract deployed on the Ethereum blockchain. It contains a list of addresses and the amount of claimable TLN per address in the form of a Merkle root.
The amount that an address can claim is decaying over time. The sooner the tokens are claimed, the larger the received quantity of tokens.
Trustlines Foundation aims to distribute up to 70% of TLN to the public. For that purpose, 50% of TLN are allocated in the Merkle Drop.
Merkle Drop FAQ
What is the Trustlines Merkle drop?
Why did you choose a Merkle drop?
The Trustlines Foundation designed the distribution method based on the idea of smart drops.
The Merkle drop is used as a tool to
- Reward early contributors, e.g. validators, testers, and developers
- Target potential stakeholders of the Trustlines Network, e.g. individuals/ projects aligned with the mission of Trustlines, who may turn into users of the Trustlines Protocol
- Make TLC available to a wide audience consisting of addresses and individuals from within the crypto and alternative currency ecosystems by providing them with TLN that they can convert into TLC via the bridge
Can someone have multiple allocations of TLN?
Yes. There are two ways in which this could happen.
- You happen to control the private key of multiple eligible Ethereum addresses.
- One or more of your eligible Ethereum addresses fit into more than one group of Merkle drop receivers.
Can I claim tokens for a different address than the one I’m signing with?
How much of the Total supply of TLN is in the first Merkle drop?
Which addresses are included in the Merkle drop?
These are the groups of eligible addresses that can now claim their TLN.
- Early contributors to the Trustlines Network ecosystem. This includes, for example, testers and testnet validatorsas well as those who whitelisted their address to become validators, but did not secure a slot in the auction.
- People who were interested in participating in the drop via our community channels
- ETHBerlin2 hackers
- Addresses included in the Genesis block of Ethereum (with at least one transfer executed)
- Maker (MKR), Bancor (BNT) and DAI token holders
- dxDAO Rep holders and HumanityDAO human participants
- POAP, Proof-of-Attendance NFT holders
- Collection of ETH addresses, that underwent some form of identity verification in the past
What can I do with my TLN?
Are Trustlines Network Tokens, TLN, freely transferable?
Are Trustlines Network Coins, TLC, freely transferable?
When can people actually use the Trustlines Blockchain?
When does the Merkle drop end?
Does the amount I’m able to claim decay at some point?
If I provided an Ethereum address for the Merkle drop or think I’m included in the receiver list, am I being sent TLN automatically?
How does the Merkle drop work?
The Merkle drop is a smart contract deployed on the Ethereum blockchain that contains a list of addresses and claimable Trustlines Network Tokens per address in the form of a Merkle root. People can provide a proof to this contract and withdraw tokens they are entitled to. The Trustlines Foundation has a web service that allows people to either claim their tokens via a web3 integration (e.g. Metamask) or calculate the needed proof. Once the proof has been created and eligibility established, it can be submitted to the Merkle drop smart contract.
Do I have to use the Trustlines Foundation’s website to claim TLN?
