Version 2 Released! Our biggest documentation upgrade to date.

Season 1: Genesis

Status: COMPLETED - Claims Now Live ✅

Season 1 Genesis has officially concluded with the snapshot successfully captured on October 1, 2025 at 00:00:11 UTC (block 23479245). All point earning has stopped and final allocations have been calculated. Claims are now live at app.tharwa.finance/drops.

🔗 Claim Your TRWA Rewards →

Season 1 Final Results

Timeline: COMPLETED

  • Duration: 3+ months of protocol usage tracking

  • Snapshot Date: October 1, 2025 at 00:00:11 UTC (block 23479245)

  • Snapshot Status: Successfully Captured

  • Allocation Calculation: Complete - View Details

  • Total Allocation: ~2.51 million TRWA (0.125% of community incentives pool)

  • Claims Portal: LIVE - Claim Now


How Points Were Earned in Season 1

Season 1 Genesis tracked real protocol usage automatically throughout the entire period. Here's exactly how participants earned their allocations:

Important: TRWA holding did not earn Genesis Points. Only thUSD ecosystem participation counted for Season 1 allocations.

Allocation Calculation Example

From the snapshot methodology:

User holds 2,500 thUSD for 45 days:

  1. Annualized balance: 2,500 × (45 days ÷ 365 days) = $308

  2. Apply APY factor (20%): $308 × 0.2 = $61.64 USD value

  3. Convert to TRWA at snapshot price: $61.64 ÷ $0.0085 = 7,252 TRWA

Transparent Methodology: All calculation details, eligible contracts, and exclusion criteria are documented in the drops-snapshots repository.


Reward Distribution

TRWA Allocation Source

Season 1 points converted into TRWA governance tokens from the community incentives allocation:

  • Source: 20% of total TRWA supply reserved for community incentives

  • Season 1: First distribution from this allocation pool

  • Future Seasons: Remaining allocation reserved for upcoming campaigns

  • Final Amounts: All calculations completed and available in the snapshot data

How Distribution Worked

1

Snapshot Complete

October 1, 2025 at 00:00:11 UTC (Block 23479244)

  • All points earning stopped immediately at snapshot time

  • Final point balances calculated across all eligible activities

  • Sybil and abuse pattern review conducted on all participants

  • Flagged wallets penalized or excluded from final allocation

2

Proportional Calculation

Merit-Based Allocation Formula

  • Merit-based: Higher contribution = larger share of total allocation

  • Proportional: Your slice based on total Season 1 participation

  • Fair: Rewards genuine protocol usage over farming attempts

  • Transparent: All methodology documented in snapshot repository

3

Vested Distribution

3-Month Linear Vesting

  • Prevents immediate sell pressure on TRWA token

  • Encourages continued participation in protocol development

  • Protects existing TRWA holders from dilution

  • Aligns long-term incentives with protocol growth

  • Vesting begins from claim date, not snapshot date

Claims Portal Status

Current Status: LIVE

The Season 1 claims portal is now open! All Genesis participants can claim their TRWA rewards directly through the official Tharwa app.

🔗 Claim Your TRWA →

What Happens Next

1

Snapshot Complete

  • Final snapshot taken at block 23479245 (October 1, 2025, 00:00:11 UTC)

  • All eligible balances captured and calculated

  • Approximately 2.51 million TRWA allocated to Season 1 participants

2

Claims Portal LIVE

  • Secure Merkle-based claiming system deployed

  • Claims available at app.tharwa.finance/drops

  • Linear 3-month vesting begins from claim date

  • Connect wallet and claim your rewards

3

Season 2: Ascension NOW ACTIVE 🚀

  • Season 2 has officially begun

  • Currently running under Season 1 criteria (more additions coming soon)

  • Points tracking already underway


What You Get

TRWA Governance Tokens provide:

  • Direct governance power in protocol decisions

  • Voting rights on vault parameters and fee structures

  • Future product influence and strategic direction

  • Potential fee sharing in later protocol phases


Frequently Asked Questions

Q: How much TRWA will I receive? A: Your exact allocation is calculated in the snapshot data. Connect your wallet at app.tharwa.finance/drops to see your allocation.

Q: How do I claim my TRWA? A: Claims are now live! Visit app.tharwa.finance/drops, connect your wallet, and claim your rewards. All allocations vest linearly over 3 months from your claim date.

Q: How were allocations calculated? A: Based on balance × duration held, with 20% APY equivalent for thUSD and 30% for Curve LP positions. Full methodology here.

Q: What addresses were excluded? A: Protocol contracts, treasury addresses, and allocations smaller than 10^-15 USD were excluded from the snapshot.

Q: Has Season 2 started? A: Yes! Season 2 "Ascension" is now active and running under Season 1 criteria, with more additions coming soon. Learn more →

Q: How long does vesting take? A: TRWA rewards vest linearly over 3 months from the claim date.


Anti-Sybil & Security

Review Process:

  • Automated detection of suspicious patterns

  • Manual review of flagged wallets

  • Penalty or exclusion for confirmed abuse

  • Protection of genuine participants

Common Red Flags:

  • Wallet clustering and coordination

  • Artificial referral networks

  • Wash trading patterns

  • Bot-like behavior

Genesis Points reward real users who genuinely contributed to Tharwa's growth, not sophisticated farmers or mercenary capital.


Season 1 Genesis is complete. The founding governance members who helped establish Tharwa during its critical bootstrap phase are now recorded in the official snapshot. Season 2: Ascension →

Last updated