28.92M Celestia’s TIA Airdrop Claimed by Sybil, Airdrop Hunters

• Researcher X-explore exposes widespread manipulation in token distribution.
• Sybil teams and airdrop hunters claimed over 55% of Celestia’s TIA token airdrop.
• The unhealthy actors diverted over 28.92 million TIA tokens from the airdrop with not less than 106,491 wallets.

A regarding pattern has been noticed following the airdrop of TIA tokens that marked the mainnet beta launch of the modular blockchain Celestia. Based on the findings, greater than half of the recipients of Celestia’s TIA airdrops have been dishonest actors, in any other case known as Sybil Teams or airdrop hunters. 

In a current report, famend blockchain researcher X-explore disclosed that about 40% of the addresses that obtained the Celestia airdrop are both Sybil teams or airdrop hunters. For context, Sybil teams and airdrop hunters could also be seen as entities that exploit a system by creating a number of pretend identities to achieve an unfair benefit.

The researcher famous that these Sybil teams are detectable when contemplating the move of funds from a number of airdrop addresses right into a single pockets. X-explore claimed to have distinctly tracked tokens from the 138,981 wallets taking part in Celestia’s native token distribution.

Based on findings, Celestia shipped 60 million TIA tokens to 191,391 wallets, with 138,981 addresses claiming them as of November 1. X-explore found that large-scale Sybil teams, consisting of not less than 20 distinctive identifiers, managed 27,090 TIA airdrop addresses. He famous that the addresses diverted 5.22 million TIA tokens from the airdrop, making up roughly 20.1% of the whole distribution.

Moreover, the report disclosed that the second class of Sybil teams equally cornered 6.65 million TIA from 27,907 airdrop addresses, accounting for 20.7%. In the meantime, the final set of dishonest airdrop members managed 51,494 addresses from the TIA airdrop. This set claimed 17.05 million TIA tokens. 

Due to this fact, the unhealthy actors diverted over 28.92 million TIA tokens from the airdrop, leaving not less than 106,491 wallets. In different phrases, Celestia distributed 55.70% of TIA tokens to dishonest Sybil and airdrop hunters.

Finally, the researcher concluded that the rely of addresses receiving airdrops from Sybil teams is nearly on par with that of standard customers. X-explore underscored that this  dynamic presents a considerable hurdle for undertaking house owners as they endeavor to establish and filter out Sybil addresses.