The Fluence DAO is providing rewards to developers based on their GitHub profiles. As a cryptocurrency novice, I'm uncertain whether it is worth figuring this out or if I should just ignore it.
My current understanding is:
- Fluence itself is not a total scam.
- The emails suggesting that some unknown person can do this claim process for me likely are a total scam, and they would keep all of the tokens themselves.
- To claim the reward, I need to decode a secret using my private SSH key. As far as I can tell, this step seems secure enough, with only the age utility having access to the key.
- With the decrypted secret, I need to start an "airdrop" and make a "claim transaction". These are an Ethereum method for transferring funds between accounts.
- There is some "gas fees" to pay for this, while the FLT-DROP tokens themselves cannot be exchanged for FLT (and then Ethereum) until 2 months after the claim.
- The market price of FLT is at 0.24 USD now, but trend is downwards and it is not clear what the price will be in 2 months.
With the complex process, upfront payment of gas fees and uncertain value, I'm not sure it is worth the effort. But can someone confirm that my basic understanding of the process is correct?