What is the Fee Airdrop?

Fee Token
2 min readJan 10, 2022

--

Fee token launches an adoption airdrop of 50,000,000 Fee tokens which is 50% of the supply

The Fee token launch airdrop is only available on fee.io, we are not associated with fees.wtf

Who all qualify for fee airdrop?

If you have spent ethereum trading on Opensea or have spent gas fees on ethereum network, you will qualify for the airdrop.

Airdrop duration?

Airdrop is only available for first 50 million Fee mints. In short, its first come first serve basis. Only 50 Million token is available for claiming.

Eligibility for the fee airdrop

If you have traded or spent ethereum on Opensea or Uniswap or spent ethereum on gas fees, you are eligible. The last snapshot date of the gas fees is 31st Decemeber 2021.

How much tokens you can claim?

According to gas.wtf,

Average Gwei = total gwei in all transactions / total transactions

Average dollar cost per gwei = Total gas spent in USD / Avg Gwei

Average gas fees ( Base ) = 50 Gwei ( Kept Standard by Fee.io )

Saving on gwei = Average gwei — Average fee token gwei ( 50 )

Saving on fee token = Saving on gwei * Average dollar cost per gwei

Saving on your fee token is total airdrop you can claim. You will be able to check it on airdrop page before claiming.

How to claim your $FEE token?

Go to airdrop page and click on claim.
Token address will be added here soon

What happens after the claim?

You will be able to save gas fees by staking the tokens on the dapp. Dapp release date will be announced soon.
NFT collection to be launched later next month which will help additional gas saving on the ethereum network.

--

--