Airdrop Details

Information Details
Airdrop Type Retroacttive
Total Airdrop Amount ~70% of 37 billion $DEGEN (distributed in multiple phases)
Number of Eligible Users Not Known
Number of Claimants Not Known

Timeline

Event Date
Airdrop 1 Completed Jan 15, 2024
Airdrop 2 Ongoing Early 2025 (monthly seasons)
Airdrop 3 Planned Future (Date TBD)
Inflation Start 2028 (1% annually)

Token Distribution

Distribution Amount
Maximum Not Known
Median/Average Not Known
Minimum Not Known

Eligibility Criteria

Eligibility criteria vary by phase and season but generally include:

Farcaster Activity

  • Tipping System: Users earn $DEGEN by receiving tips for quality content in the /degen channel.
  • Engagement: Active participation in Farcaster (posting, commenting, discussions) increases eligibility.
  • Past Airdrop Participation: Airdrop 1 was based on prior engagement before a snapshot.
  • Main Airdrop Allocation: The largest portion of Airdrop 1 was given to active users of Farcaster who were engaged in the /degen channel.

Wallet Requirements

  • Must hold a compatible Web3 wallet (e.g., MetaMask, WalletConnect) on the Base network.
  • Empty or newly created wallets are usually ineligible; prior activity (holding tokens, transactions) may be required.

Seasonal Participation (Airdrop 2 - Ongoing)

  • Eligibility determined by snapshots at the end of each monthly season.
  • Qualifying actions include:
    • Holding $DEGEN tokens.
    • Providing liquidity in $DEGEN pools (e.g., Uniswap, Aerodrome).
    • Earning tips or points through Farcaster interactions.
  • Check eligibility and claim tokens at: Claim Link

Liquidity Provision

  • Users providing liquidity to $DEGEN pools (Uniswap, Aerodrome) receive additional airdrop rewards.
  • 15% of the supply was allocated to liquidity providers in past distributions.

Community Milestones

  • Some airdrops include tasks such as:
    • Referring friends.
    • Participating in community events.
    • Achieving specific “Degen scores” (engagement/activity metric).

Additional Information

  • Airdrop 3 is planned for the future with 25% of the total supply reserved.
  • Inflation of 1% annually starts in 2028.
  • The airdrop phases are designed to continuously reward participation and liquidity provision in the Degen ecosystem.