The Comprehensive Guide to the MemeFi Airdrop

The MemeFi community is on the brink of a remarkable opportunity with the announcement of the upcoming MemeFi Airdrop.

This initiative aims to reward users for their mining contributions and is the culmination of extensive research and meticulous planning. By learning from past experiences, the developers are committed to ensuring the success of this unique airdrop event.

What Is the MemeFi Airdrop?

The MemeFi Airdrop is designed to be a complex, non-linear, weighted distribution that takes into account various data points across the entire MemeFi ecosystem.

To maintain the integrity of the process and to prevent exploitation by malicious actors, certain criteria will remain undisclosed, referred to as [hidden criterion].

Categories of Airdrop Recipients

Participants in the MemeFi Airdrop will be classified into two primary categories:

1. Telegram App Users
2. Web3 Community

Both user groups will be evaluated based on Core (User Score) and Bonus (Multipliers) criteria. The formula for calculating the airdrop allocation is straightforward: User Score × Multipliers.

Telegram App Airdrop

Allocation: Approximately 85% of the total MEMEFI supply is earmarked for Telegram app users.

Core Eligibility Criteria:

• Total value of all purchases (including All TON and Stars Purchases)
• Amount of coins held

Users must fulfill just one of these independent criteria to qualify for the airdrop. Additionally, participants need to collect a minimum number of coins (which will be modest) to be eligible. The user score for those meeting either criterion will be determined by the higher of the two qualifying metrics.

Top coin holders will receive rewards through a non-linear distribution model, enhancing the incentive for active participation.

Bonus Criteria:

• [Hidden criterion]
• On-chain TON transactions
• Participation in giveaways
• Engagement with MemeFi Premium
• Involvement in various promotional campaigns

These criteria will feature specific multipliers that enhance the user score.

Important Note: Given the large number of Telegram app users, a significantly larger portion of the airdrop supply is allocated to this group, with only a small percentage reserved for Web3 users.

Web3 Airdrop

Allocation: Approximately 5% of the total MEMEFI supply will be designated for the Web3 community.

Core Criteria:

• Points earned during Testnet
• Points earned during Mainnet
• Testnet Festival NFTs
• Holders of GAL stakers
• Holders of the Nomis Score

Similar to the Telegram app criteria, fulfilling just one of these independent conditions qualifies participants for the airdrop.

Additional Criteria:

• Ownership of an ERC-404 branded NFT
• Holding tokens from the Website Fortune Wheel
• Possession of Elite & Royal NFTs
• Status as a Discord OG role member
• Early adopter status in Testnet
• Ownership of Galxe Early Adopter NFTs
• Pre-MemeFi ecosystem early adopter status

It is crucial to note that these Web3 criteria are fixed; completing them after the necessary snapshots will not result in qualification.

Distribution Methods for the MemeFi Airdrop

• Testnet Airdrop: This will use a non-linear distribution method via a power function with an exponent of less than 1, with a minimal cutoff threshold of 2000 points.
• Mainnet Airdrop: A tiered distribution approach will be employed, featuring five distinct user classes based on points and modifiers, with no cutoff threshold.
• Galxe Airdrop: Calculated based on the supply designated for each Galxe quest.

Important Note: While unlikely, the design of the airdrop and its criteria may evolve in response to community feedback, measures to prevent exploitation, or new insights. For instance, the team may shift from the currently selected non-linear distribution function to a stepwise method.

Conclusion

The upcoming MemeFi Airdrop represents a significant opportunity for both Telegram app users and the Web3 community. By understanding the eligibility criteria and distribution methods, participants can maximize their chances of receiving rewards. Stay informed and engaged to make the most of this unique airdrop opportunity!

FAQ

Q: What is the MemeFi Airdrop?
A: The MemeFi Airdrop is a reward program designed to recognize and incentivize users for their contributions to the MemeFi ecosystem. It allocates a significant portion of the total MEMEFI supply to eligible participants across the Telegram app and the Web3 community.

Q: Who is eligible to participate in the MemeFi Airdrop?
A: Eligibility is divided into two main categories: Telegram App Users and the Web3 Community. Participants must meet specific core and bonus criteria to qualify for the airdrop.

Q: How is the airdrop allocation divided?
A: Approximately 85% of the total MEMEFI supply is allocated to Telegram app users, while about 5% is designated for the Web3 community. The remaining percentage may be reserved for other purposes.

Q: What are the core eligibility criteria for Telegram app users?
A: Telegram app users can qualify by meeting either of the following core criteria: the total value of all purchases (including All TON and Stars Purchases) or the amount of coins held.

Q: Are there any bonus criteria for the airdrop?
A: Yes, there are bonus criteria, including participation in on-chain TON transactions, giveaways, MemeFi Premium, and various campaigns. These criteria will have specific multipliers to enhance user scores.

Q: How will the airdrop be distributed?
A: The distribution will occur via different methods for each group: a non-linear distribution for Testnet users, a tiered approach for Mainnet participants, and calculations based on Galxe quests for Galxe users.

Q: Can I qualify for the Web3 Airdrop if I complete the criteria now?
A: No, the Web3 criteria are fixed, and participants must have met the requirements before the necessary snapshots were taken. Completing them now will not qualify you for the airdrop.

Q: What should I do if I have more questions about the MemeFi Airdrop?
A: If you have further questions, consider joining the MemeFi community channels on Telegram or Discord, where you can find up-to-date information and engage with other participants and the development team.