Airdrop Details

Information Details
Airdrop Type LOGX (Utility Token)
Total Airdrop Amount 120,000,000 $LOGX (12% of total supply)
Number of Eligible Users 114,000+ users (as of March 2024)
Number of Claimants Not Known

Timeline

Event Date
Blockchain Snapshot March 5, 2024 (Loyalty snapshot) and March 20, 2024 (Final snapshot)
Claiming Started March 6, 2024 (Weekly airdrops begin)
Claiming Ends Token Generation Event (TGE) - Exact date TBD

Token Distribution

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

Eligibility Criteria

Users can earn $LOGX tokens through the following methods:

  1. Loyalty Airdrop (One-time drop before March 20, 2024):

    • Loyalty points & gems were earned based on:
      • Recurring usage of LogX
      • Fees paid
      • Trading profit & loss (P&L)
      • Other core trader metrics
  2. Weekly Airdrops (March 6, 2024 – TGE):

    • 3,000,000 $LOGX distributed every Friday based on:
      • Trading on LogX OG: 1,000,000 $LOGX (proportional to volume)
      • Providing liquidity on LogX OG: 300,000 $LOGX (proportional to liquidity provided)
      • Trading on LogX Pro: 1,000,000 $LOGX (proportional to volume)
      • Referrals: 200,000 $LOGX (trading referral rewards)
      • Leaderboard rankings: 300,000 $LOGX
      • Surprise campaigns: 200,000 $LOGX
  3. Multiplier NFTs:

    • Users could claim Multiplier NFTs before March 5, 2024, which automatically applied multipliers to LogX points and gems.
  4. Royalty NFT Program:

    • Users who own Black, Gold, or Silver Royalty NFTs can redeem them for $LOGX during the airdrop.
  5. Additional Rewards:

    • Users participating in LogX OG can earn Linea XP, Mantle Journey Miles, Blast Points, and Kroma Tokens.
    • Special rewards from Orderly Network for using LogX Pro.

Additional Information

  • Final snapshot of points and gems: March 20, 2024.
  • Weekly airdrops continue until TGE.
  • Users no longer earn LogX points and gems post-March 5, 2024.
  • Royalty NFTs can be redeemed for $LOGX.
  • Final conversion details of points/gems to $LOGX will be shared closer to TGE.
  • LogX aims to scale to $100 billion+ in total trading volume and expand across multiple chains.

The LogX airdrop is designed to reward both early supporters and active traders. 🚀