Fair proposal for the $LINEA airdrop? Will everyone be happy? Let's talk!

  1. Introduction and Objective

This proposal aims to create a fair and balanced airdrop for the distribution of the new token, based on the LXP and LXP-L tokens already accumulated by the community. The primary goal is to appropriately reward the active community and major liquidity providers, while avoiding a disproportionate concentration of tokens in the hands of a few holders, ensuring a fair distribution within the limit of 20% of the total supply of 1 billion tokens (ASSUMPTION).
In THIS EXAMPLE, the airdrop will consist of 200 million tokens, which represents 20% of the total supply of the new token.
2. Conversion Proportion of LXP and LXP-L into the New Token
LXP (Tokens Earned through Participation and Activity):
1 LXP = 1 new token
Users with LXP will be rewarded directly, with 1 new token being equivalent to 1 LXP.
The distribution of tokens will be proportional to the amount of LXP accumulated by users.

LXP-L (Tokens Earned through Liquidity Provision):
1,000 LXP-L = 1 new token
Users who provided liquidity to the project with LXP-L will be rewarded with 1 new token for every 1,000 LXP-L they hold.
To ensure a fair distribution, we will apply Tiers with multipliers for large holders of LXP-L.

  1. Airdrop Distribution of 20% of the Supply (200 Million Tokens)
    The airdrop will be divided between users with LXP and LXP-L, as follows:
  • 120 million tokens (60% of the airdrop) will be allocated to users with LXP. The distribution will be direct, with 1 LXP = 1 new token, rewarding users who have actively participated in the project.
  • 80 million tokens (40% of the airdrop) will be allocated to users who provided liquidity with LXP-L. However, to ensure a balanced and fair distribution, we will apply Tiers to limit the reward for wallets with large amounts of LXP-L, as follows:
  1. Tiers for LXP-L (Liquidity Providers)
  • Tier 1: 50,000 to 500,000 LXP-L
    Users in this tier will receive 1 new token for every 1,000 LXP-L, with no multipliers applied.
  • Tier 2: 500,001 to 5,000,000 LXP-L
    Users in this tier will have a 0.8x multiplier. For example, if a user has 1,000,000 LXP-L (equivalent to 1,000 new tokens), they will receive 800 new tokens due to the multiplier.
  • Tier 3: 5,000,001 to 10,000,000 LXP-L
    Users in this tier will have a 0.5x multiplier, halving the reward.
    Example: If a user has 6,000,000 LXP-L (equivalent to 6,000 new tokens), they will receive 3,000 new tokens.
  • Tier 4: More than 10,000,000 LXP-L
    Users with more than 10 million LXP-L will have their reward limited to 10,000 new tokens, regardless of the amount of LXP-L. This limit prevents large holders from consuming a disproportionate amount of the 80 million tokens.
  1. How It Will Stay Within the Limit of 20% of the Supply
    Based on the proposed division:
  • 120 million tokens will be allocated to holders of LXP.
    With an estimated 557,000 users holding more than 2,000 LXP, this distribution is well-balanced and will ensure that active and committed users are fairly rewarded.
  • 80 million tokens will be allocated to liquidity providers with LXP-L. Although some users hold large amounts of LXP-L, the Tiers applied prevent these large holders from receiving an excessive portion of the tokens, ensuring that the 300,000 wallets holding more than 50,000 LXP-L will still receive a significant reward but in a controlled manner.

This division, taking into account the Tier limitations for large holders of LXP-L, ensures that the distribution of 200 million tokens stays well within the 20% of the total supply of the new token, promoting a fair distribution for all participants.

  1. Benefits for the Project and Community Valuation
    Ensuring a fair and balanced distribution of the new token to users who contributed in different ways to the project (either through activity or liquidity provision) will bring significant benefits to the project as a whole:
  • Strengthening the Community: A well-rewarded community feels valued and motivated to continue contributing to the project, increasing engagement and participation.
  • Promoting Sustainable Growth: By rewarding both active users with LXP and liquidity providers with LXP-L, the project creates an incentive system that keeps participants engaged and strengthens the user base.
  • Valuation of the new token: A fair airdrop process attracts positive attention to the project and boosts confidence in the tokenomics. When users see they are rewarded fairly, it can lead to higher demand for the new token, contributing to its market valuation.
  • Balanced Distribution: The Tier limitations for large holders of LXP-L ensure that the token is not concentrated in a few hands, preventing market manipulation and encouraging a broader distribution among participants.

With this strategy, the project can ensure not only a fair distribution but also sustainable valuation and continuous engagement from the community. The proportional reward for different types of contributions ensures that everyone feels part of the project’s success, leading to organic and healthy growth for the new token.

3 Likes

While there is a lot of difference between 3k lxp and 4lxp, 1k difference between them as tokens will only make sybils happy

n this proposal, I can see many users being happy; perhaps those who have millions or billions of LXP-L might be disappointed. But it is a fair way to proceed.

In the value example, someone with 3,000 LXP and 100,000 LXP-L would receive:

3,000 $Linea + 100 $Linea (every 1,000 LXP-L equals 1 $Linea) = 3,100 $Linea.

Assuming the supply is 200 million tokens and the market cap is 1 billion dollars, the value of $Linea would be 5 dollars. This person would receive an equivalent value of 15,500 dollars.

For those who only invested in LXP-L:

There will be tiers:

For example, if someone has 500,000 LXP-L, they would receive 500 tokens = 2,500 dollars.

If they have 1 billion LXP-L, they would receive the cap, which is 10,000 tokens = 50,000 dollars.

This ensures that those who didn’t put effort into the project and simply invested in LXP-L to generate returns would receive proportionally less than those who completed all the quests on Linea, earned NFTs, and also invested in LXP-L, trusting the project.

In the end, everyone earns proportionally to their effort.

1 Like

I apologize. I calculated it on 10 billion tokens.

2 Likes

No problem :pray:

Lxp should be tired while lxpl should be linea, a cap can be applied to the to 100 wallet

Also, during a bull market, it is actually very important to distribute tokens as quickly as possible.

1 Like

I agree!! :pray:

1 Like

you can edit and make corrections

1 Like

you now that 10 000LXP has only 77 wallet?

But tier system is great option

1 Like

The tier system is a great option for token distribution

2 Likes

i think, everyone will happy

1 Like

i agree!!!

1 Like

no !

Tier system for LXP! and linear for LXPL

everyone should be happy then

2 Likes

i agree!!!

2 Likes

no!

Only tier system fo LXP!

unless linear from 3000lxp

1 Like

Lxp 5000起开始才行

1 Like

like the idea