MemeFi has officially revealed the key details for its highly anticipated $MEMEFI token airdrop. A significant portion of the token supply, 85%, will be allocated to Telegram users, while 5% will be reserved for the Web3 community. While many eligibility criteria have been disclosed, some specific conditions will remain confidential to prevent potential exploitation by participants.
The core criteria for Telegram users revolve around their engagement with the platform, including the total value of all purchases made and the amount of $MEMEFI coins they hold. Users can qualify for the airdrop by meeting one of these two conditions. Only participants who have accumulated a minimum threshold of coins will be eligible for the airdrop, ensuring that only active and engaged users benefit from the distribution.
Additionally, MemeFi has implemented a non-linear reward structure for top players. This means that the higher the number of coins held, the greater the rewards—but the distribution will not follow a simple linear progression. Instead, those with larger holdings will see disproportionate increases in their rewards.
Bonus criteria for Telegram users include participation in on-chain transactions, giveaways, and membership in MemeFi Premium. The larger allocation for Telegram users highlights the platform's commitment to rewarding its vast and engaged community.
For the Web3 community, which will receive 5% of the total token supply, the criteria differ. Participants need to meet several core conditions, such as earning testnet and mainnet points and holding specific NFTs. Some of the key NFTs include ERC-404 branded NFTs, Website Fortune Wheel tokens, Elite and Royal NFTs, and owning a Discord OG role.
Those who meet any of these criteria will qualify for the airdrop, ensuring that the distribution reaches a broad range of active Web3 participants.
The distribution will take place in multiple stages. The testnet airdrop will follow a non-linear approach with a minimum cutoff of 2,000 points. In contrast, the mainnet airdrop will use a tiered structure, categorizing users into five classes based on their points, with no minimum cutoff. Additionally, a Galxe airdrop will be based on the supply allocated for the Galxe quest.
This exciting airdrop is set to reward MemeFi's most loyal and engaged community members across Telegram and the Web3 space.
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