GPooL
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GPooL

Governance Token Airdrop (GPooL / LP staking).

July 15th 2022, Staking Airdrop / GPooL (THETA & TFUEL).

July 15th 2022, Staking Airdrop / LP Staking (TFUEL/TBILL).

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July 15th, gNOTE Airdrop / GPooL (THETA & TFUEL).

GPooL / Airdrop Eligibility

Eligibility for staking airdrop requires staking THETA or TFUEL with GPooL. If you are not currently staking THETA or TFUEL with GPooL you are not eligible for the Gworld Governance Token (gNOTE) Airdrop.*

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GPooL Staking Airdrop Allocation based on Staking Total Value Locked (TVL) and a temporal component.

Airdrop Allocation Algorithm

(Current TVL / 175 days) * Days wallet has been staked (Max 175 days)

#1. Algorithmic example — GpooL staking participant who has a current TVL of $100k and was above the $1 minimum threshold across 175 days.

(TVL/175)*Days

$100,000/175*175 = $100,000

$50,001–$999,999 = 0.75 gNOTE

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#2. Algorithmic example — GPooL staking participant who has a current TVL of $100k and was above the $1 minimum threshold across 60 days.

$100,000/175*60 = $34,285

$10,001–$50,000 = 0.5 gNOTE

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GPooL Staking Airdrop Allocation is isolated per pool (THETA, TFUEL).*

The below TVL staking thresholds & the corresponding gNOTE airdrop allocation tiers applies to THETA and TFUEL stakes individually.*

Total Value Locked (TVL) Allocation Tiers.

$100–$10,000 = 0.25 gNOTE
$10,001–$50,000 = 0.5 gNOTE
$50,001–$999,999 = 0.75 gNOTE
$1,000,000+ = 1 gNOTE

Example #1:

$10k (TVL) THETA = 0.25 gNOTE

Example #2:

$10k (TVL) THETA & $10k (TVL) TFUEL = 0.5 gNOTE (0.25 + 0.25)

Example #3:

$60k (TVL) THETA = 0.75 gNOTE

Example #4:

$150k (TVL) THETA & $100k (TVL) TFUEL = 1.5 gNOTE (0.75 + 0.75)

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GPooL Staking Snapshot was taken, July 11th @ 1pm ET (17:00UTC)

Airdrop Commences: July 15th, 1pm ET (17:00UTC)

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Airdrop for GPooL stakes — Sent to THETA wallet address(es).

Add gNOTE Contract Address (Theta Mobile Wallet).

Click Add Token

Governance Token Contract Address:

Copy & Paste Address below

0xA3d79C4088aE87EF59254120Fe646560828084c3

Token Symbol: gNOTE

Decimal: 18

Click Save

Note: In Theta mobile wallets gNOTE appears as GNOTE.*

Like TBILL, gNOTE is a TNT-20 Token and can be sent from the THETA mobile wallet to MetaMask (Theta mainnet). See below for instructions to add gNOTE Token Contract Address to MetaMask.*

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Add gNOTE Contract Address (Theta Web Wallet).

Click Add Token

Governance Token Contract Address:

Copy & Paste Address below

0xA3d79C4088aE87EF59254120Fe646560828084c3

Token Symbol: gNOTE

Decimal: 18

Click Save

Like TBILL, gNOTE is a TNT-20 Token and can be sent from the THETA web wallet to MetaMask (Theta mainnet). See below for instructions to add gNOTE Token Contract Address to MetaMask.*

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July 15th, gNOTE Airdrop (TFUEL/TBILL LP staking)..

LP Staking / Airdrop Eligibility

Eligibility for airdrop requires participation in TFUEL/TBILL liquidity Pool staking. If you are not currently participating in LP staking you are not eligible for the Gworld Governance Token (gNOTE) Airdrop.*

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LP Staking Airdrop Allocation based on LP Staking Total Value Locked (TVL) and a temporal component.

Airdrop Allocation Algorithm:

(Current TVL / 175 days) * Days wallet has been staked (Max 175 days)

#1. Algorithmic example — LP Staking participant who has a current TVL of $100k and was above the $1 minimum threshold across 175 days.

(TVL/175)*Days

$100,000/175*175 = $100,000

$50,001–$999,999 = 0.75 gNOTE

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#2. Algorithmic example — LP Staking participant who has a current TVL of $100k and was above the $1 minimum threshold across 60 days.

$100,000/175*60 = $34,285

$10,001–$50,000 = 0.5 gNOTE

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LP Staking Airdrop Allocation:

Total Value Locked (TVL) Allocation Tiers.

$100–$10,000 = 0.25 gNOTE
$10,001–$50,000 = 0.5 gNOTE
$50,001–$999,999 = 0.75 gNOTE
$1,000,000+ = 1 gNOTE
+ Those who haven’t withdrawn from LP at all =1 gNOTE

Example #1:

$10k (TVL) TFUEL/TBILL LP = 0.25 gNOTE

Example #2:

$70k (TVL) TFUEL/TBILL LP = 0.75 gNOTE

Example #3:

$1,000,000+ (TVL) TFUEL/TBILL LP = 1 gNOTE

Example #4:

$50k (TVL) TFUEL/TBILL LP + never withdrawn = 1.75 gNOTE (0.75 + 1)

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LP Snapshot was taken, July 11th @ 1pm ET (17:00UTC)

Airdrop Commences: July 15th, 1pm ET (17:00UTC)

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Airdrop for LP stakes sent to MetaMask wallet address(es).

Add Governance Token Contract Address to MetaMask via ThetaSwap

Click Select A Token

Click Drop down menu arrow for gNOTE

Click Wallet icon (automatically adds gNOTE Contract Address to MetaMask)

Alternatively..

Add Governance Token Contract Address to MetaMask

Click Import tokens

Governance Token Contract Address

Copy & Paste Address below

0xA3d79C4088aE87EF59254120Fe646560828084c3

Token Symbol: gNOTE

Decimal: 18

Click Add Custom Token

Click Import Tokens

Click <

gNOTE under MetaMask Assets Tab.

FYI — Planned for after the completion of the Gworld July 2022 Event dates schedule. A dedicated Gworld Governance Token (gNOTE) article will be released. The timing of recent market conditions contributing & precipitating to the prioritization of specific elements of the current (July) release schedule.

The next prioritized article releases covers the new Liquidity Pool Staking LP (July 15th) & IL Airdrop (July 22nd) for TFUEL/TBILL LP staking participants.

The dedicated Gworld Governance Token (gNOTE) article will follow.

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Related Resources for further Reading..

Cheers All,

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