Solex.ai Guess to Earn App - Airdrop Estimate Calculation
Effective date: 1 November 2024
Last updated
Effective date: 1 November 2024
Last updated
The formula by which we calculate how much token each user gets during airdrop is:
Solex.ai Guess to Earn App Airdrop Estimate token formula was designed with careful consideration to ensure fairness, community engagement, and sustainable growth within the Solex.ai ecosystem. We aim to reward early and continued participation while mitigating risks of centralization, encouraging widespread token ownership and user participation. The distribution model ultimately serves as the foundation for a decentralized, engaged, and growing community.
Your Airdrop Estimate - an estimate of the amount of tokens you would receive had the airdrop taken place today.
The number is our best estimate. However, the outcome is very sensitive to the formula’s components. The actual amount of tokens allocated could be higher or lower depending on the actual readings of formula components at the time of a snapshot which will be taken immediately prior to the airdrop.
Your Balance
Definition: Your current balance of in-app Points in the Solex.ai Guess to Earn App.
Impact: Higher balance = higher potential token allocation for you.
What you can do: Increase your balance by being active on the Solex.ai Guess to Earn App - wage your in-app Points on correct predictions, complete tasks in the Tasks section of the app and check out Keys available in the Vault.
Total in-app points
Definition: A sum of balances of all users.
Impact: Higher Total in-app Points = lower potential token allocation for you.
What you can do: Grow your balance faster than the rest!
What is Solex.ai doing? We are slowing the Total in-app Points growth by implementing penalties for inactive users.
Community allocation
Definition: a proportion of total token supply that will be allocated to the Solex.ai Guess to Earn App community. Community Allocation is currently set at 50% of 5 billion total fixed supply or 2.5 billion tokens.
Impact: Higher Community Allocation = higher potential token allocation for you.
What you can do: Get more people involved! More people = less Solex.ai has to allocate to liquidity pools and market making. Also,check out the Keys available in the Vault. The less we need to allocate to investors and market makers, the more we can allocate to the Community. Increasing Community allocation from 50% to 60%, for example, would mean 120 tokens for every 100 tokens you see in Your Airdrop Estimate now, but we can only do it with your help.
Why is the allocation calculated this way?
This allocation mechanism achieves several important aspects. First, it keeps the total future token supply fixed and foreseeable. We aim to issue 5 billion tokens which is all that will ever be issued. Second, we want to keep the allocation fair i.e. each user will receive tokens proportional to the amount of in-app Points they have collected.
However, we are capping individual user token allocation to 0.1%. Any balance over 0.1% of the total will be spread amongst other users pro rata (proportionally to their existing balance). This will lead to a more balanced, stable token distribution overall.
