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Airdrop

Airdrop Mechanism​

Objective:​

Reward Emmet Finance community members, early adopters, and active users, while promoting engagement and growth within the ecosystem.

Structure:​

The airdrop program will be divided into 4 Phases, allowing for continuous community engagement and participation over time.

Airdrop Value Calculation Based on Points Score​

The value of the airdrop rewards for each participant will be calculated based on a points-based scoring system. Each activity eligible for rewards—such as bridging, swapping, providing liquidity, engaging in community activities, referring others, or holding tokens—will earn users a specific number of points. The more points a user accumulates, the higher the potential reward they will receive.

How Points are Accumulated:​

  • Bridge Activity Users who actively participate in bridging tokens through the Emmet Finance platform will be eligible for rewards. Each bridge transaction completed contributes to the user’s eligibility, with special consideration given to users bridging tokens from partner ecosystems.

  • Swap Activity Users who engage in token swaps on the Emmet Finance platform will also qualify for rewards. This includes any token exchange activity conducted through the Emmet Finance Swap Aggregator, with higher rewards based on the volume and frequency of swaps.

  • Liquidity Providers (LPs) Liquidity providers who deposit tokens into the Emmet Finance liquidity pools will be rewarded based on their contribution to the liquidity ecosystem. The more liquidity they provide, the greater their share of the rewards.

  • Community Engagement Active participants in the Emmet Finance community will be eligible for rewards. This includes interactions on social media, participation in discussions, and contributions to the project’s ecosystem. Engagement on official channels such as Telegram, Twitter, and Discord will be tracked.

  • Retroactive Airdrop for Holders Existing holders of Emmet Finance tokens, especially those who hold for a minimum duration (e.g., 3 months), will be eligible for retroactive airdrops. This reward mechanism will honor long-term supporters of the project who have already purchased and held tokens.

  • Referrals Users who refer others to Emmet Finance will receive rewards for each successful referral. Referrals are tracked through unique links or codes, and rewards are granted when the referred user completes certain activities like bridging or swapping tokens.

  • Partnering Projects Projects integrated with the Emmet Finance ecosystem, such as partner projects using Emmet’s cross-chain bridge or other services, will have special eligibility for rewards. Token holders from these partner projects will receive rewards for bridging their tokens through the Emmet Finance platform, with special weight assigned to these transactions. The number of points awarded for these transactions will be increased from X points to 1.25 X points, ensuring that activity from partner projects is highly incentivized and recognized.

Reward Distribution​

Total Allocation 3% of the total supply (30 million EMMET tokens).

Phase Breakdown​

Tokens will be distributed across four phases, with early participants receiving weighted rewards to incentivize early adoption.

Mechanism Details​

Snapshot Dates​

Snapshots will be taken periodically during the phases to determine eligible participants.

Participation Requirements:​

Users must connect their wallets and register on the Emmet Finance platform. Complete tasks or contribute liquidity to earn points, which will determine token rewards.

Reward Calculation:​

Rewards will be proportional to user activity and engagement points.

Distribution Timeline:​

Initial Rewards​

Distributed before TGE for participants in the early phases.

Remaining Rewards​

Distributed after the public sale and in alignment with marketing activities that Emmet Finance will announce on its official social media channels.

Terms and Conditions​

Please note that the terms of the airdrop, including eligibility criteria, reward distribution, and points calculation, may be subject to changes based on market conditions or other unforeseen factors. Emmet Finance reserves the right to update or modify the airdrop program at any time to align with market trends, project needs, or regulatory requirements.

Any significant changes to the airdrop will be communicated through official Emmet Finance channels, including social media platforms and the project website. Participants are encouraged to stay informed and regularly check for updates to ensure they are aware of any adjustments to the program.