GALE NETWORK’S $115,500 AIRDROP — DRIP/HEX/REX

3 min readMay 2, 2022

Welcome to our blog. Here is a quick reminder for those joining us for the first time:

Gale Network is a certificate of deposit (CD) contract recently launched on the BNB smart chain network (and soon on the Cronos network) that packs a host of additional utilities to challenge the crypto passive income space. It features a dutch auction distribution model for the greater percentage of its token supply. You will find useful links about Gale Network at the end of this article.

Airdrop campaign

An airdrop allocation was included in the limited pre-mined tokens and earmarked for the popular CD communities; HEX/REX and Drip communities. These communities understand how CDs work and will be delighted to see what GALE Network has to offer.

A total allocation of 41,666,667 GALE tokens valued at $115,500 (at current market price of Gale) have been reserved for distribution to these communities. The Airdrop which has internally been dubbed the LuckyDrop uses a unique method of selection and distribution.

The Selection

The Gale Network team employed artificial intelligence (AI) algorithms to analyse wallet addresses that have interacted with the HEX, REX and DRIP smart contracts. The team was able to exclude bots and addresses with insignificant holdings (dust) using complex AI led behavioural analysis of these wallets. Furthermore, wallets that were unlikely to utilise the CD function were also excluded. Consequently, a selection of 183,946 wallet addresses were made. The team is confident that these wallet selection will benefit the GALE Network.

The Distribution

We love fun and games at Gale Network. The daily Gale lottery is a good example of this. We strive to keep our community fully entertained at all times. Consequently, the Gale Network team have decided against a traditional airdrop distribution. That’s just too boring! We also decided against airdropping to wallets according to their holdings. Again, way too boring, predictable and unfair to investors with shallow pockets. Hence, we adopted the LuckyDrop approach. Don’t lookup “What is LuckyDrop”; We completely made it up!

In the LuckyDrop, 41,666,667 GALE tokens will be available to claim by the first 24,526 wallet addresses on the Gale Airdrop dApp. We hope that this instigates a fastest-finger-first scenario. All fun and games! Who else bought popcorn?

These addresses must be among the eligible 183,946 addresses. More fun and games follow the claim process as each winning address will be able to claim an Airdrop value ranging from $2 to $50.

How much each wallet claim is entirely down to luck! The claimable amount is capped at $50 to be representative of the Presale allocation capped at 50 BUSD.

This distribution will see 60% of winning wallet addresses claim the median value of $5 worth of Gale tokens.

The team has reserved 1% of the airdrop allocation to pay referral bonuses to Gale Network users who refer others to the airdrop. This is in keeping with our referral reward agenda. The table below provides additional information about this distribution.

The airdrop is scheduled to commence on the 9th of May, 2022 and will be open until 10th of August, 2022.