NOBLE Token Airdrop: How to Start Your Claims Process

NOBLE Token Airdrop: How to Start Your Claims Process

Oct 30, 2025

Adi Ravi Raj

Important: Claims Process for NOBLE Token Airdrop Starts Today

If you participated in the USDN Points program, you need to start the claims process to receive your NOBLE token airdrop. This post explains how points were calculated in Season 1 and 2, and the steps to claim your allocation.

What's Happening on October 30?

We're opening the claims process for both Season 1 and Season 2 points participants. This is a three-step journey to receive your NOBLE tokens:

Step 1: Link your Ethereum address (where we are now)
Connect your Cosmos address to an Ethereum mainnet address. This step opens on October 30 until December 31. You must complete this to be eligible for the airdrop.

Step 2: Claim your locked token allocation
On token launch day, claim your NOBLE tokens to your Ethereum address.

Step 3: Transfer to Noble AppLayer
Move your tokens from Ethereum to the Noble AppLayer.

Common Questions

Why do I need an Ethereum address to claim my NOBLE tokens?
The NOBLE token airdrop will happen on Ethereum (or AppLayer, which is an EVM network). In Step 1 of the claims process, you'll link your Cosmos address to an Ethereum address so we know where to send your tokens during TGE.

Do I receive tokens when I complete Step 1?
No, Step 1 just links your addresses. You'll claim actual tokens on TGE.

I can see my allocation amount. Is that final?
Not yet. Since Season 2 is still ongoing, your allocation will change based on your deposits and withdrawals. Your final allocation will be determined when Season 2 ends (when Hyperliquid Vaults launch).

If I withdraw my USDN after completing Step 1, does it affect my allocation?
Yes, significantly. Season 2 is still active. If you withdraw below your Season 1 balance, you'll lose your 2x multiplier and your final airdrop amount will be lower than projected. In rare cases, you could lose eligibility entirely.

I participated in Season 1 but don't have the 2x multiplier. Why?
You likely made a withdrawal during Season 2 that dropped you below your Season 1 ending balance.

I had 10,000 USDN in Season 1, earning 2x. I withdrew 5,000 in Season 2 but plan to deposit it back. Do I keep 2x on the remaining 5,000?
No, the moment you withdraw any amount below your Season 1 balance, you lose the 2x multiplier entirely, even on the USDN you didn't withdraw. If you had 10,000 at the end of Season 1 and withdrew even $1, everything moves to 1x. Re-depositing later doesn't restore the 2x multiplier. The 2x tier requires you to maintain your full Season 1 balance continuously throughout Season 2.

If I withdraw now, will I lose the points I've already earned?
No, you keep all points you've earned up until withdrawal. What changes is your multiplier going forward. If you had 2x eligibility and you withdraw below your Season 1 amount, you keep your accumulated points, but all future earnings drop to 1x instead of 2x.

If Season 2 continues for a long time, can I earn higher than 2x multiplier?
No, Season 2 doesn't have time-based multiplier increases. You're either earning at 2x (if you maintained your Season 1 balance) or 1x. The 2x multiplier is the maximum in Season 2, regardless of how long you keep your USDN deposited.

When do I start earning points in Season 2?
In Season 2, you start earning points immediately upon deposit. The 30-day minimum from Season 1 no longer applies.

I deposited in Season 1 and withdrew before 30 days. Do I get points?
No, Season 1 required 30 days minimum to start accruing points.

I withdrew and re-deposited during Season 1. Did I lose all my points?
No, you kept all the points you had earned before withdrawal! When you re-deposited, you started earning points again, like you never withdrew, but didn’t earn anything while you were actually out of the vault.

Step 1: Link Your Ethereum Address

Starting today, you'll be able to link your Cosmos address to an Ethereum mainnet address. This step is required to receive your NOBLE tokens.

When you complete Step 1, you'll see:

Your total points from Season 1 and Season 2
Your projected token allocation
Your current multiplier tier

Important: The allocation you see is a projection based on current deposits. Since Season 2 is still running, this number will change daily as you earn more points - or if you withdraw funds, which could reduce your allocation.

You have until December 31 to complete Step 1. If you don't link your address, you won't be eligible for the airdrop.

How to Link Your Address

The video tutorial below shows you how to complete Step 1:

What Happens Next?

After you link your address, Season 2 continues running and your points keep accruing based on your current deposits and multiplier tier. During the TGE, you'll be able to claim your allocation (Step 2). Your final allocation will be based on your points and multiplier status when Season 2 ends (when Hyperliquid Vaults launch).

Important: Linking your address doesn't lock in your allocation. If you withdraw below your Season 1 balance, you'll lose your 2x multiplier and receive fewer tokens than projected. Your activity between now and the end of Season 2 will continue to determine your final airdrop amount.

How the Points Program Works

Season 1: March 5th - Aug 5th

When Noble Dollar (USDN) launched in March, users had the option to choose between two different vaults:

1. Points Vault: Lock your USDN and earn points instead of the underlying U.S. Treasury yield. The longer you kept your USDN deposited, the more points you earned through multipliers.

Days 1-29: 0x multiplier (no points yet)
Days 30-59: 1x multiplier
Days 60-89: 1.25x multiplier
Days 90-119: 1.5x multiplier
Days 120-149: 1.75x multiplier
Days 150+: 2x multiplier

Note: To earn points in Season 1, you had to keep your USDN deposited in the points vault for at least 30 days. If you withdrew before hitting 30 days, you earned zero points on that deposit.

The base points formula was: (days in vault) × (amount/100) × multiplier

For instance, if you deposited 1,000 USDN:

Day 30: 30 × 10 × 1 = 300 points
Day 60: 60 × 10 × 1.25 = 750 points
Day 120: 120 × 10 × 1.75 = 2,100 points

2. Boosted Yield Vault: Earn higher than base yield by collecting the yield that points vault users gave up. Deposits in this vault received no points.

Season 1 Extension: June 16th - Aug 5th

On June 16th, we announced the extension of points Season 1. The extension spanned for one month with:

2x points boost for 150+ day deposits
5% extra points for hitting 100M+ circulating supply
10% bonus if USDN crossed 250M in circulating supply

Season 2: August 5th - Present

Season 2 introduced a new two-tiered structure instead of the time-based multipliers in Season 1.

Tier 2x

You qualified for the 2x multiplier on your Season 1 deposits if:

You had USDN deposited in the points vault at the end of Season 1
You kept that deposit amount (or higher) throughout Season 2
You never withdrew below your Season 1 final deposited amount

For example, if you had 1,000 USDN at the end of Season 1 and never dropped below 1,000 USDN during Season 2, your original 1,000 earns 2x points. Any amount above 1,000 earns 1x.

The system tracked every deposit and withdrawal, so if you ever dipped below your Season 1 amount, even temporarily, you would lose the 2x multiplier for all your Season 1 deposits.

Tier 1x

Everyone else earned at the standard 1x rate. This includes 1) new users who joined in Season 2, 2) Season 1 users who withdrew some of their original deposit, and 3) any deposits made during Season 2.