Galxe Community Airdrop Phase 1 Wrap-up
Phase 1 of the $LL Community Airdrop Program has come to a close, and we are blown away by the enthusiasm of the community who participated.
Phase 1 of the $LL Community Airdrop Program has come to a close, and we are blown away by the enthusiasm of the community who participated.
Our leaderboard at the Beacon registered over 77,000 participants!
We had the following numbers of mints of our Galxe rewards collections:
- 39,406 Pegasus Venturer
- 2,378 Phoenix Pioneer
- 2,675 Defi Initiate
- 17,465 Arena Challenger
- 61,924 Total NFT's!
There were over 2,700 Light Lynx brought into the world, and over 18,000 LightLink x The Red Village Champions summoned!
We can't wait to see what the numbers will look like in Phase 2, when we will have even more exciting partners on board to showcase.
What's next?
We are now preparing for the next steps in determining the token allocations for each participant who have made the cut within our top 7,500 participants (see our latest Beacon blog post). Until that time there is still the opportunity to claim 100 more points if you have not yet completed the "Proof of Humanity" campaign.
Did I make the cut?
As of right now, the cutoff point for those to qualify for the Community Airdrop in Phase 1 will be at the 236 Galxe Loyalty Points mark. Achieving this many points did not even require you to participate in the Mainnet quests, but for those that did and collected all four NFT's and their Luminary role they will qualify for more tokens as well as (most likely) the Luminary PFP.
Note, there are more than 7,500 participants that have achieved 236 points or more and therefore the number of qualifiers may increase from the suggested 7,500.
How many tokens will I receive in Phase 1?
Soon, we will have implemented a way to display the number of tokens you have qualified for. This number will be the result of a formula applied to your Galxe Loyalty Points score, as well as another feature we will be introducing.
For those that are willing to commit to hold onto their tokens for longer than the planned release date of 90 days following TGE, a multiplier will be applied to your token count according to the stretch of time you wish to vest them for. See the table below for the resulting number of tokens you will receive after selecting how long you wish to have them locked for:
| Days lock | Multiplier | Increments (+0.5x) |
|---|---|---|
| 90 days | Standard 1x multiplier | |
| 180 days | 1.05x | 0.05x |
| 270 days | 1.1x | 0.05x |
| 360 days | 1.15x | 0.05x |
| 450 days | 1.25x | 0.1x |
| 540 days | 1.3x | 0.05x |
Selecting a higher vesting period is also an opportunity to make your way into the top 7,500 or even 2,500 if you have just missed our on receiving a Luminary PFP.
In our next update, we'll share some more specifics about the Luminaries PFP collection as we have been hard at work on crafting some lore around the world as well as some sketches!
