Back to collectionYaku Snapshot Complete as Supply Worries Deepen
Background: Yesterday the Foundation said it would soon mint the remaining investor allocation, while asking for several more weeks to prepare XIP-1 spending and buybacks. Today: XAI fell below $0.08. Impact and next steps: The snapshot fixed the participation point for this activity but did not explain eligibility checks or how to claim.
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Background: Yesterday the Foundation said it would soon mint the remaining investor allocation, while asking for several more weeks to prepare XIP-1 spending and buybacks. Today was also the Yaku airdrop season's snapshot day. Participants needed to distinguish the completed snapshot from an actual claim.
Today: XAI fell below $0.08. In the chat, people weighed the expected token mint against buybacks that had not yet begun, worrying that supply pressure would arrive first. The Yaku snapshot was complete. When someone asked whether rewards could be claimed immediately, officials directed them to Yaku's own claiming instructions. The Night Watchman urged the questioner to check the source and leave wallet connections until the rules were clear.
Impact and next steps: The snapshot fixed the participation point for this activity but did not explain eligibility checks or how to claim. The move below the price threshold also sharpened the impatience of those awaiting buybacks. The chat began following two matters separately: Yaku's claiming guidance and XIP-1's execution announcement. The Night Watchman planned to decide whether to claim only after the former was clear; the team still had to set out the latter.