Introducing the Airdrop Program on BRC Chain, where your engagement and participation are greatly rewarded! We have designed a unique Multiplier Mechanism to enhance the airdrop rewards for our top-performing users. Here’s how it works:
Airdrop Allocation: The total amount allocated for the airdrop is 20% or 200 million $BRC tokens.
Airdrop Distribution:
- 0.1% or 1 million $BRC will be airdropped to users who utilize the faucet. (FCFS, 1 $BRC per wallet)
- 0.1% or 1 million $BRC will be airdropped to users who bridge their tokens to BRC Chain for the first time.(FCFS)
- The remaining 19.8% or 198 million $BRC will be airdropped to users who meet the several criteria, as outlined below.
The Airdrop Program encompasses several criteria to determine your eligibility for rewards. The criteria include:
- Unisat BRC-20 Traders: Users who have actively traded BRC-20 tokens on Unisat before May 23rd will earn points based on their trading volume ($1 volume = 1 point).
- Providing Liquidity on BRC Swap: Users who deposit their tokens into BRC Swap pool for liquidity provision will earn points based on their providing volume ($1 volume = 200 points).
- Trading on BRC Swap: Users who actively trade on BRC Swap will earn points based on their trading volume ($1 volume = 20 points).
- Discord OGs: Recognizing the contribution and value of Discord OGs limited to 200 within the community. (Special criteria, 100000 points)
- Token Bridgers: Users who have successfully bridged their tokens to BRC Chain will earn points based on the amount of tokens bridged👇
The amount of $BRC tokens you receive through the airdrop will be based on the points you accumulate relative to the total points earned by all participants. To encourage healthy competition, we have implemented an exponential decrease in multipliers for the top ten percent of users, as follows:
By implementing this exponential decrease in multipliers, we ensure fair distribution of rewards while recognizing the outstanding efforts of our top users.
Track your progress on a daily basis at our Airdrop Program page. The leaderboard will be updated every day at 12:00 UTC , where you can track your points and rankings
Join us on BRC Chain, participate actively, and aim for the top to maximize your airdrop rewards! Together, let’s build a thriving ecosystem!
Our airdrop program is our salute to the diverse and dynamic players that make up our ecosystem. We’re stoked to have you along for the ride on BRC Chain’s exciting journey!
Q&As
Q1: How is the number of bridged tokens counted?
A1: The number of bridged tokens is calculated based on the net value, which is determined by subtracting the amount you bridged from the the BRC Chain to Bitcoin from the amount you bridged from Bitcoin to the BRC Chain. [Bitcoin=>BRC Chain] - [BRC Chain=>Bitcoin]
Q2: How are points calculated in the airdrop program?
A2: Points are calculated based on transactions made on the BRC Chain. When selling tokens to the pool, the corresponding points will be deducted. Conversely, when buying tokens from the pool, the corresponding points will be added. Additionally, when transferring tokens, the sender will subtract the corresponding points, while the receiver will add the corresponding points. This ensures fair distribution and rewards within the program.
Q3: Which time is the final count based on?
A3: We have launched an Airdrop page where you can track your progress on a daily basis. The leaderboard will be updated every day at 12:00 UTC. The final count for the airdrop program will be based on the snapshot taken at any moment when the program ends.
Q4: How is the volume of providing liquidity counted?
A4: The volume of providing liquidity is calculated based on the LPs (Liquidity Provider tokens) you hold at the time of the final snapshot.
About BRC Chain
A robust DeFi layer for the Bitcoin ecosystem, enabling efficient AMM for BRC-20 tokens and facilitating a swift, seamless trading experience
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