The Proof Of Memes Airdrop-Updated

Proof Of Memes
3 min readOct 11, 2022

UPDATE: The Aidrop Claim Dashboard will be live Nov 25th 2022!

This brief article will explain the tokenomics of the POM ecosystem and the details of the POM (and POMG) airdrop for ETH2.0 holders.

πŸ’Ž Holders of ETH2.0 are eligible for POM *AND* POMG airdrops on Pomchain!

UPDATE: A trustless dashboard will be made available on the official Proof Of Memes website in order to initiate the airdrop process!

UPDATE 2: If you buy ETH2 on MEXC and wish to be airdropped, you must transfer your POM to your DeFi wallet (IE: MetaMask) and use the claim dashboard

Introduction

πŸ“Š ETH2.0 on the ETH chain can be considered early access to POM coin, the native token of the Proof Of Memes Layer 1 Blockchain

➑️ ETH2.0 will transition to Pomchain as POMG (POM Governance) which will provide voting rights to holders to help steer the direction of the Proof Of Memes ecosystem. POMG will also support staking for bonus POM!

πŸ”’ If you hold ETH2.0, you are eligible to be airdropped POM and POMG on Pomchain!

πŸ“ƒ POM coin powers the entire Pomchain blockchain and is used for transaction fees, mining rewards and to pair with tokens in token liquidity pools

πŸ“· ETH2.0 holders will use a trustless airdrop claim dashboard on proofofmemes.org to claim their airdrop on Pomchain

The Airdrop

⭐️ 50% of the supply of POM coin is allocated for ETH2.0 holder airdrops

  • To reward strong supporters of Proof Of Memes, a 10% airdrop bonus will be provided to wallets with zero sells
  • For those who choose to sell any amount of ETH2.0 before the POM coin airdrop a 40% allocation reduction will be triggered. Interactions with any wallet with recorded ETH2.0 sells or transfers to a CEX which is then sent back to a DeFi wallet with a lower number of tokens will also trigger this reduction in POM coin allocation
  • The airdrop will be distributed to ETH2.0 holders on a vesting schedule with an initial 15% airdropped followed by 1% per day for 85 days
  • The POM coin airdrop for ETH2.0 holders will be fully automated and no action is required to receive your POM on POMchain once you have interfaced with the airdrop dashboard (not yet live)

πŸ” In order to receive your full POM coin allocation, holders of ETH2.0 must not sell any tokens until completion of the initial 15% of the airdrop

πŸ“’ ETH2.0 max supply: 1 Trillion β€” POM coin max supply: 1 Billion β€” POMG: 1 Trillion

✏️ After the airdrop, you will need to add the POMchain network to your Metamask or Coinbase wallet in order to view and interact with the Proof Of Memes ecosystem

AFTER MAINNET GOES LIVE

  • Your DeFi wallet will hold your airdropped POM coin
  • Within a short timeframe after mainnet launch ETH2.0 will be migrated to Pomchain as POMG (POM Governance)

Those who hold ETH2.0 through the transition to POMG will enjoy the following benefits

βœ… An increased liquidity pool and lower price impact on sells

βœ… Proof Of Memes voting rights to steer the direction of the POM ecosystem

βœ… The ability to stake POMG for bonus POM coin rewards on the POMG staking platform

❗️ Remember, any ETH2.0 holder will receive both POM and POMG on POMchain after the full migration is complete!

Web: www.proofofmemes.org
Twitter: twitter.com/Proof_Of_Memes
Telegram: https://t.me/proofofmemes
Linktr.ee: https://linktr.ee/proofofmemes

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