Back to collectionVanguard claims open; the buyback question remains
Background: On the last day of June, the community was still waiting for the Vanguard Genesis airdrop promised three and a half months earlier. Today: Claims opened at noon Pacific Time, on the final day of the promised window, less than half a day before it would have been missed. Impact and next steps: June closed at $0.052, down 27% for the month.
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Background: On the last day of June, the community was still waiting for the Vanguard Genesis airdrop promised three and a half months earlier. In the staking area, people were also waiting for the foundation to explain the buybacks it said it had made. The narrator saw two distinct demands: tokens people could claim and accounts they could check.
Today: Claims opened at noon Pacific Time, on the final day of the promised window, less than half a day before it would have been missed. The total allocation was 25 million $XAI for holders of Vanguard or Legendary commemorative badges from phases one, two, and three of the Genesis event: 334.38 tokens per Legendary badge and 668.76 per Vanguard badge. The claim window was 180 days. Claims had to be made on Xai mainnet, with gas paid by the project; tokens would then unlock gradually over 30 days, as decided in the early June vote. Badges were nontransferable, so eligibility could not be acquired at the last minute. Officials warned about fake badges, fake links, and impostors. The entry point was Raijin: users first linked a Steam account, then connected the wallet holding the badge. Officials also said the platform had previously paid out hundreds of thousands of US dollars per month and would now pay out millions of US dollars per month. That morning, someone in the staking discussion again asked for the transactions behind the claimed buybacks so they could be checked. The request went unanswered.
Impact and next steps: June closed at $0.052, down 27% for the month. At that day’s price, the whole airdrop was worth about USD 1.3 million, an amount the community had argued over for a full month. The narrator recorded the two matters side by side: a promise delayed for three and a half months now had usable claim rules, while the accounts for completed buybacks still had no response. Eligible holders next had to claim within 180 days and deal with the gradual unlock; others still awaited a verifiable explanation of the buybacks.