Calling all AMPL crypto players from the past

Discussion in 'Crypto Assets' started by johnarb, Apr 22, 2021.

  1. johnarb

    johnarb

    just got airdropped 5 figures $ worth of governance token called $FORTH and Coinbase must have been given a bunch since it got listed right away

    Check the website and check with your Tax advisor for reporting

    https://www.ampleforth.org/
     
    krugman25 likes this.
  2. krugman25

    krugman25 Guest

    Congrats on the nice payday! I never played AMPL but watched the insane run up during defi summer.
     
    johnarb likes this.
  3. johnarb

    johnarb

    Thank you! I haven't even claimed them, the airdrop is hitting at least 5 of my Ethereum wallet addresses, a little over 500 coins, which were worth more last night before this carnage in cryptos, but can't look a gift horse in the mouth

    I'm planning to claim them on a new wallet, import the individual private keys, part of the issue is that these wallets are holding significantly more value than the FORTH airdrop values, so would rather transfer those crypto assets out before initiating the smart contract interaction with FORTH to claim

    Not that I don't trust those guys especially since Coinbase Pro listed FORTH, but being careful if there's any exploit or bug, that's all
     
    krugman25 likes this.
  4. cesfx

    cesfx

    Erc20 or ETH holding wallet?
    You didn't set it up and got it air dropped automatically?
    I have a few erc20 wallets, one of them with a couple of ETH...
     
    johnarb likes this.
  5. johnarb

    johnarb

    The term I used is incorrect, since they are not in the wallet yet, I connected one of my wallets to the FORTH claim app, and once you connect it defaults to the address that is active, however, you can edit the address and start copy-pasting addresses from other wallets which is how I know that I have at least 5 Eth wallet addresses that are entitled to claim the FORTH erc-20 tokens and the amount

    But it requires a claim so not a true airdrop where the FORTH tokens show up in the wallets automatically, in fact, I don't have to claim them if I choose not to. There will probably be wallets that won't claim for some reason or another, like someone who quit cryptos and destroyed the wallet private keys

    There's a time limit to claim

    As I mentioned in previous post, the wallet addresses hold much more value in other cryptos than the FORTH airdrop so I won't claim until I've transferred those cryptos out. FORTH is back up above $40 again

    https://www.coindesk.com/ampleforth...ce-tokens-to-every-wallet-that-ever-held-ampl
     
    Last edited: Apr 23, 2021
    cesfx likes this.