From a54a9c35bd10d57df9ec6c3659942cefafa641e6 Mon Sep 17 00:00:00 2001 From: Sheen <9674168+sheenhx@users.noreply.github.com> Date: Mon, 9 Oct 2023 13:21:43 +0200 Subject: [PATCH] Update Incentivized.md --- docs/Tutorials/Incentivized.md | 143 --------------------------------- 1 file changed, 143 deletions(-) diff --git a/docs/Tutorials/Incentivized.md b/docs/Tutorials/Incentivized.md index f4b0133..e24acca 100644 --- a/docs/Tutorials/Incentivized.md +++ b/docs/Tutorials/Incentivized.md @@ -28,149 +28,6 @@ The purpose of the Wannsee testnet is to bring the largest Web3 IoT network that | Claiming ends | After Announcement | -## Token allocation & airdrop distribution: - -| Percentage of initial supply | Number of tokens | Allocated to | -|------------------------------|------------------|---------------------------------------------------------------| -| 40% | 1,065,986,320 | MXC DAO treasury | -| 30% | 799,489,740 | MXC DataDash App Users from 2020 | -| 20% | 532,993,160 | Free unlocked circulation from 2019 | -| 10% | 266,496,580 | Users of the MXC zkEVM testnet (Will be distributed as zkMXC) | - - -Up to 10% of the circulation will participate in the airdrop, when the MXC token price listed on Coinbase Pro reaches a certain threshold at the announced block height, it will open the more percentages like the following table shows: - -| Participation wallets | Total amounts of zkMXC token | -|-----------------------|-------------------------------| -| Under $0.2 | 53,299,316 | -| $0.2-0.5 | 106,598,632 | -| $0.5-0.8 | 159,897,948 | -| $0.8-1 | 213,197,264 | -| Above $1 | 266,496,580 | - -There is no lock-up for zkEVM when claiming and will be LP with zkMXC/MXC - - - -### User airdrop eligibility details - -A points system was used to determine the number of tokens that airdrop recipients can claim. Points criteria was focused primarily on MXC zkEVM; however, there was a small subset of criteria applied to activity on DataHighway.com. Points earned on DataHighway.com could either bring a user up to 4 points total, or give them one additional point if they had already scored 4 points or more on MXC zkEVM. You earn maximum one point per qualifying action performed before the snapshot date. Point scores were capped at 30. - -Users are required to mint ARB-ZK NFTs in Arbitrum One for participating the airdrop. - -Additionally, as the criteria and design of the airdrop as a whole was intentioned to reward early adopters, points scored (minimum of three) before announcement link (later available) are worth twice as much as points scored after. - -**Qualifying actions:** - -Points earned on MXC zkEVM - - 1. Create Initial Sensor Offerings (Name of the token created should contain an IoT sensor) -2. Create IoT NFTs (Name of the NFT created should be a real-world object) -3. Run MXC zkEVM Supernodes -4. Creating a MXC zkEVM wallet - 5. Conducted more than 40 transactions or interacted with more than 40 different smart contracts - 6. Conducted more than 100 transactions or interacted with more than 100 different smart contracts - 7. Conducted more than 250 transactions or interacted with more than 250 different smart contracts - 8. Conducted more than 1000 transactions or interacted with more than 1000 different smart contracts - 9. Conducted Sensor Tokens/IoT NFTs transactions exceeding in the aggregate 50,000 MXC - 10. Conducted Sensor Tokens/IoT NFTs transactions exceeding in the aggregate 100,000 MXC - 11. Conducted Sensor Tokens/IoT NFTs transactions exceeding in the aggregate 250,000 MXC - 12. Minting Hexagon map NFT - 13. Creating MXC name service domain - 14. **Referral: Claim the [MOON token](https://contract_addr) and send to the referrer person, no upper limit. The referee has to collect at least 5 points to make the moon token points count.** - - - -Points earned on DataHighway.com - - 1. Holding any BEP-20 DHX - 2. Conducted more than three transactions - 3. Conducted more than five transactions - 4. Conducted more than ten transactions - -
- -**Converting Points to tokens:** - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Points scored (values represent points scored pre-MXC zkEVM)Airdrop entitlement
Less than 3Not eligible
31,250
41,750
52,250
63,250
73,750
84,250
96,250
106,750
117,250
12 - 1810,250
18 - 2520,000
25 - 3040,000
- -
- -As described earlier, points scored before and after announcement were weighted differently. Points scored before announcement were worth twice as much as points scored after -- as a result any points scored after announcement resulted in half as much of an allocation per point shown in the table above. If an address only became fully eligible (minimum of three points) post-announcement, all points scored counted as post-announcement points. Thus, the minimum airdrop entitlement is 625 tokens, half of the minimum entitlement in the table above; the maximum airdrop entitlement is 40000 tokens. - -**User protections:** - -To prevent bots from taking advantage of the airdrop, a number of anti-Sybil rules were established: - - - If an airdrop recipient's wallet transactions have all occurred within a 48-hour period, **one point is subtracted**. - - If an airdrop recipient's wallet balance is less than 500 MXC, **and** if the wallet hasn't interacted with more than one smart contract, **one point is subtracted**. - - If an airdrop recipient's wallet address has been identified as a Sybil address during the Hop protocol bounty program **the recipient is disqualified**. - -Refer to [Sybil Hunting](https://github.com/mxczkevm/sybil-detection) to learn more about the Sybil mitigation methodology. Refer to our [Sybil accounts](https://github.com/mxczkevm/sybil-detection) concept document for a conceptual introduction to Sybil accounts. - - - - -### Vesting and lockup details - -While the user and DAO airdrops will be available after the claiming immediately, the zkMXC will be distributed to ARB-ZKL3 holders in Arbitrum One and have a swap pair with MXC and ARB.