MASA Token Airdrop Claim & Rewards Program
Introducing the Airdrop Rewards Program with Bonus Token Rewards
Introduction
We’re excited to announce the details on the highly-anticipated MASA token airdrop claim. Firstly, we would like to thank the 200,000+ users who participated in Phase 1 and 100,000+ users who participated in Phase 2 of the Masa Airdrop program. You have been pivotal to our community and growth.
In this blog, we’ll discuss the claim details, lock-up periods, and clear timelines on when you can start checking your airdrop claims and when rewards will be distributed. We are also excited to introduce a Masa Airdrop Rewards Program for loyal community members.
Airdrop Claim
Masa‘s Airdrop Claim page will go live on May 8th, giving users the ability to check their airdrop eligibility, as well as choose their preferred lock-up period and reward allocation.
The initial airdrop distribution will take place on May 11th, where users who have chosen their claim option and reward allocation will be able to redeem their claim through the Hedgey Airdrop Claim Portal. After the initial distribution on May 11th, 2024, airdrop claims will be redeemable every Monday and Friday once the user has submitted their claim option. Participants will have 3 months to claim their airdrop after which time unclaimed tokens will be returned to Masa Foundation Treasury.
Airdrop Rewards Program
To show our appreciation for our loyal community members, Masa is excited to announce our Airdrop Rewards Program, where eligible participants will be able to earn up to a 44% token bonus.
Eligible participants will be able to claim 20% of their total airdrop allocation on the initial distribution date of May 11th. The remaining 80% of tokens will be locked up for a period of your choosing: 3, 6, 9, or 12 months to earn generous bonuses, as follows:
- 3 months: 0% bonus
- 6 months: 10% bonus
- 9 months: 22% bonus
- 12 months: 44% bonus
Once your MASA token lock-up is complete, the full 80% of your tokens will unlock at that time.
How it Works:
Starting May 8th, eligible token holders can follow these simple steps to participate in the airdrop claim:
- Log in to your Masa dashboard with the wallet you used on Masa and navigate to the Airdrop Claim page. Make sure to use only official links from official channels.
- Check your eligibility and view your total airdrop allocation. This will include the 20% initial distribution and the 80% lock-up.
- Select your preferred lock-up period (3, 6, 9, or 12 months) and review the corresponding bonus rewards.
- Submit your lock-up period choice and receive confirmation of your estimated airdrop amounts and claim dates.
- Starting on May 11th you will be able to see and claim your airdrop in the Hedgey Airdrop Claim dashboard.
- After the initial distribution on May 11th claims will be added to the Hedgey Airdrop claim platform twice a week on Monday and Friday.
Token Claim Distribution
Once you have chosen your lock-up period and reward bonus, you’ll be eligible to claim the initial 20% of your airdrop on May 11th. Users who submit their lock-up and reward bonus choice after May 11th, will have their initial 20% airdrop distribution available to claim on the following Monday or Friday, whichever comes first.
Initial airdrop distributions will occur twice a week — on Monday and Friday. This schedule ensures a smooth and predictable distribution of tokens, while also allowing participants to plan accordingly.
The airdrop claim will take place via Hedgey, an online portal for token distribution and management. Please make sure to utilize the wallet you used in the Masa App to qualify for the airdrop, in order to check your airdrop eligibility and process your token claim on the Hedgey Airdrop Claim Dashboard.
MASA Airdrop on Base
The MASA token airdrop will take place on the Base blockchain. The Base blockchain has some of the lowest gas fees available, which makes the airdrop claim accessible to all. The MASA token will be live and available on Base before the initial airdrop distribution, and MASA token trading on Base will be live on various leading DeFi outlets.
MASA Airdrop Allocation
The MASA token airdrop will be an initial total of 59,000,000 MASA tokens. The grand total will be based on the bonus selection made by the community based on their lock-up period.
The Masa Team put significant effort in ensuring that rewards are fairly distributed across our community members, including special rewards allocations for Masa Soulname Holders and our most active community members.
Airdrop Qualification Criteria
Phase 1 Airdrop: Masa Early Adopter
The Masa Early Adopter Airdrop honored the loyal members of our Masa community. This includes those who minted and collected SBTs, and minted domains and, of course, Soulnames.
To be eligible for the Phase 1 MASA token airdrop, users must have held one or more of the following NFT or SBT tickers in their wallet at 11:59 ET on December 31st, 2023. All qualifications are cumulative, the more you held at the snapshot, the more you’ll earn.
- Special Category — Masa Soulnames (MSN): MSN holders will receive the highest token allocation based on the number of characters in their Soulname. The shorter the Soulname, the higher the reward weight in our airdrop algorithm for the following Soulname lengths:
- 1-character Soulname
- 2-character Soulname
- 3-character Soulname
- 4-character Soulname
- 5 or more character Soulname
2. Unique Ticker Masa Green: Holders of the MG-2FA SBT have higher reward weighting than SBTs.
3. SBT Tickers Include: IDS, MID, MCS, MasaAmbassadorOG, MasaAmbassador, CTR, JEM, MSD, Transfer, $opGG, CPP, PPD, GDS, DeFi❗❗, TGT, PKP, SBA1, SBA2, SBN, MSC, SBB, BID, CBT, IBT, NBT, MTS, SBP, OCT
4. Celo & Base Domains: CDN, BDN
The number of points allocated to each ticker is determined by factors such as the cost to mint and the ease of creating multiple accounts (Sybil resistance). Masa Soulnames (MSN) are given the highest weight in order to reward users who have invested in securing short, unique names on the Masa platform.
For more details, please visit: https://medium.com/masa-finance/masa-token-airdrop-update-5dcf9c47b017.
Phase 2 Airdrop: Masa Airdrop Quest
The Masa Airdrop Quest ran from January 18, 2024 to February 16, 2024. Community users completed a series of tasks to earn the Masa Airdrop Badge (MAB) SBT. The Masa Airdrop Badget SBT owners are eligible for the 10,000,000 MASA rewards pool.
For more details, please visit: https://medium.com/masa-finance/masa-token-airdrop-quest-is-now-live-86a3ce28d153
Masa Testnet Node Operators
The Masa Node Operator Program honors early contributors to the Masa testnets, which includes two phases. Phase 1 node operators are eligible for a 4,278,784 MASA rewards pool; Phase 2 node operators are eligible for a 3,617,167 MASA rewards pool.
Referral Programs
The Masa team ran several referral programs to reward active community members, including:
- Masa Green Referrals: Invite friends to mint the Masa Green SBT to be eligible for a 1,000,000 MASA rewards pool. Each successful referral qualified for 10 MASA tokens. For more details, please visit: https://masafinance.medium.com/the-masa-referral-program-invite-your-friends-earn-masa-tokens-72851e331614
- Masa Airdrop Referrals: Invite friends to mint the Masa Airdrop Badge SBT in Airdrop Phase 2. Earn 10 $MASA tokens for each friend you refer. In addition, the top 100 referrers will earn their part of a 1-million top referral prize pool. For more details, please visit: https://medium.com/masa-finance/masa-token-airdrop-quest-is-now-live-86a3ce28d153.
Security and Transparency
At Masa, the security of your assets and the transparency of our processes are of utmost importance. The locked tokens will be stored securely in Hedgey lockup contracts that have been audited by three independent audit firms, ensuring the safety of your assets, including Consensys, Dilligence, and AuditOne . With all claims visible on-chain it will be easy to measure and understand the impact of lockups on emissions and supply over the next 12 months with full transparency — the Masa Foundation will also publish updated token economics at the end of the three month claim period.
Excluded Jurisdictions
Certain jurisdictions may be excluded from participating in the MASA token airdrop, including but not limited to the United States, Canada, and any countries subject to sanctions by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). It is the responsibility of each individual to ensure their eligibility to participate based on their local laws and regulations. Masa reserves the right to prohibit participation from any jurisdiction at its sole discretion.
In Conclusion
We’re very excited to reward our community with MASA tokens, and are extremely grateful for your ongoing support. Much thought and consideration was put into the details outlined above to ensure the highest level of value was given to our token holders.
In the future, Masa will introduce future community reward incentives, and continue to honor our most loyal members and token holders. Thank you for being on this journey with us.
