Fair Launch Airdrop
Fair Launch Rules
1/ Genesis Inscription Mining
Time: January 22, 20:00 (UTC+8) - January 25, 20:00 (UTC+8)
Allocation Cap: 250 million $MSAT (25%)
Phase 1: 2024-01-22 20:00:00 - 2024-01-23 20:00:00, Allocation Cap: 100 million $MSAT (10%)
Phase 2: 2024-01-23 20:00:00 - 2024-01-24 20:00:00, Allocation Cap: 100 million $MSAT (10%)
Phase 3: 2024-01-24 20:00:00 - 2024-01-25 20:00:00, Allocation Cap: 50 million $MSAT (5%)
During the Genesis Inscription Airdrop event, users will spend the gas cost on-chain and 0.0005ETH, 0.005ETH, or 0.05ETH Inscription Mining Fee. They will receive an airdrop of 250 million $MSAT based on the proportion of the Inscription Mining Fee.
After the event, the Inscription Mining Fees not airdropped will be fully refunded after the mining ends.
2/ Genesis Trading Mining
Time: January 27, 20:00 (UTC+8) - January 30, 20:00 (UTC+8)
Allocation Cap: 250 million $MSAT (25%)
Single Transaction Limit: To protect more participants and be fairer, the reward limit for a single transaction is adjusted to 5 ETH（Round 1) , and 1 ETH (Round 2 and 3).
Phase 1: 2024-01-27 20:00:00 - 2024-01-28 20:00:00, Allocation Cap: the trading volume cap for this phase is set at 2800 ETH, with a total reward pool of 100 million $MSAT(10%).
Phase 2: 2024-01-28 20:00:00 - 2024-01-29 20:00:00, Allocation Cap: the trading volume cap for this phase is set at 4200 ETH, with a total reward pool of 100 million $MSAT(10%).
Phase 3: 2024-01-29 20:00:00 - 2024-01-30 20:00:00, Allocation Cap: the trading volume cap for this phase is set at 4200 ETH, with a total reward pool of 50 million $MSAT(5%).
Note: 1. Service Fee: 2% service fee will be charged from the seller side. 2. Volume Cap: In each round, the trading volume is capped. If the overall trading volume exceeds the cap for that round, any surplus trading volume will neither contribute to the airdrop allocation nor be eligible for a refund. Additionally, each transaction should not exceed 5 ETH; amounts surpassing this limit will not be considered as valid trading volume for earning $MSAT.
How To Participate in Fair Launch Airdrop
On Multisat - Fair launch Airdrop page, select "Inscribing Airdrop" - "Go to Inscribe":
After jumping to the minting page, users can search or view tokens by various methods:
On this page, users can select the network that they want to mint/transfer/trade on (currently only Arbitrum is supported, other chains will be supported later step by step).
Clicking on a certain token will lead to the detail page where users can check Ethscription ID/Total circulation/Decimal and other token information. Users can also copy mint text/Mint or Trade on this page:
To mint, click "Mint now" and choose the Inscription Boost you want, then click "Got it, Mint". Please note that during the three-day period of Genesis Inscription Mining, inscription on the platform requires payment of an inscription fee. If you only wish to obtain inscriptions without $MSAT, you can perform inscriptions without paying the inscription fee through the contract. Click "copy mint text" to obtain the string.
Users can check the current total inscription fees consumed, the inscription fees you consumed, and estimated $MSAT.
And minted items can be checked on portfolio page:
For inscription transfer and deploy, users can perform on Inscription page:
Note: When transferring inscriptions, please carefully check the address that you transfer to, assets transferred to an incorrect address cannot be recovered.
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