Memecoin traders airdrop eligibility and distribution rules - 11.04.2024

:frog::paw_prints: $TON airdrop eligibility and distribution rules

Airdrop snapshot: April 10, 09.30 am CET
Airdrop execution: April 11

Eligibility criteria

The snapshot captures all wallets that performed swaps on Dedust and/or Ston.fi between March 4 (12pm CET) and April 10 (09.30 CET) using pairs with TON or stable coins and whitelisted tokens. Sybil wallet addresses were disqualified.

Whitelisted tokens included the memecoins that were part of the Memecoin leaderboard of The Open League at the time of the snapshot and those that ranked in the top 10 meme coins by trading volume since March 4. The whitelist hence consists of the following tokens:

  • FISH

  • ANON

  • REDO

  • MRDN

  • TONY

  • ARBUZ

  • durev

  • TPET

  • @BTC25

  • WIF

  • COFE

  • CATS

  • BOLT

*This is not endorsement or investment advice. The tokens were selected based on the metrics provided by re:doubt.

The four eligibility criteria, which were set using the rough median value as the minimum threshold, are as follows:

  • Number of swaps > 10
  • Total trading volume ≥ $2700
  • Number of whitelisted tokens that were traded by the wallet > 2
  • Current amount of whitelisted tokens on the balance ≥ $650

With the aim of determining the size of the airdrop for each beneficiary, a points system was created. Based on the volume, the number of swaps, the number of whitelisted tokens that were traded and the current amount of whitelisted tokens on the balance, each wallet was assigned points. The sum of the points was the final score. Final scores above the median were then grouped into ranges and the size of rewards for each range of scores was determined.

Volume range Points
<2700 0
2700-4999 1
5000-9999 2
10000-24999 3
>24999 4
N of tokens traded range Points
<3 0
3 1
4 2
5 3
>5 4
Swaps range Points
<11 0
11-15 1
16-20 2
21-35 3
>35 4
Current balance range Points
<650 0
650-1199 1
1200-2999 2
3000-7999 3
>7999 4
Range N of eligible wallets Allocation per wallet ($TON) Total airdrop size ($TON)
5-7 2,328 50 117,000
8-10 1,330 70 93,000
11-16 1,000 90 90,000
4,658 70 300,000

The airdrop was distributed to the eligible wallets on April 11 using the mass sender by TON Raffles.

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i had 8 points. no sybil. then why 50 ton i got. just a curious case. token was more then five. & swaps were i guess >100. bolt, fish, arbuz,redo,mrdn,cofe. any mistake to understand the process frpm my side>? please let me know.

my ton wallet UQBI986Clh9p594VWZK_8u37Dn7OX4UxBKRhz4hdOGPQMeuN help me give ton plise

Goo @btc25 memecoin top 1