MemeFi Releases Criteria for Upcoming Airdrop

MemeFi has announced the criteria for its upcoming airdrop. According to the release, approximately 85% of the total $MEMEFI token supply is allocated to the Telegram user base, while 5% is reserved for Web3 community​. However, some criteria will remain classified to prevent exploitation.

Source:  X

Core eligibility criteria for Telegram users include the total value of all purchases and the amount of coins held, with participants qualifying by meeting either condition. 

Only those who have accumulated a minimum number of coins will be considered for the airdrop. Additionally, top players will receive rewards in a non-linear fashion based on their coin totals.

Bonus criteria for Telegram app users will include participation in on-chain transactions, giveaways, and membership in MemeFi Premium. Notably, the allocation for Telegram users is significantly larger due to the vast user base.

For the Web3 community, the 5% allocation requires meeting core criteria such as testnet points, mainnet points, and ownership of specific NFTs.  

Additional criteria include holding an ERC-404 branded NFT, Website Fortune Wheel tokens, Elite and Royal NFTs, and possessing a Discord OG role. Fulfilling any of these conditions will qualify participants for the airdrop.

Regarding distribution methods, the testnet airdrop will use a non-linear approach with a minimum cutoff of 2,000 points, while the mainnet will have a tiered structure with five user classes based on points, without a cutoff. there will also be a Galxe airdrop calculated based on the supply chosen for the Galxe quest.