Sorry to say it, but it’s horrible. Combining Surge and LXP-based campaigns is the worst decision the team can make. They stated Surge is indpendent from those LXP campaigns, but you decided to drop this fact
I said it was a criteria for a multiplier. I also said if most wallets qualify then dont investigate further. Its not upto me to decide, I gave a metric to add and check to the OP. Everything posted is a work and progress and not the final thing. Also, if you have good ideas you could post further and then let the community decide.
Because it is the most active OG community with the biggest impact in the ecosystem among other communities. eFrogs NFT is an OG collection with a very small supply. Considering the contribution and price of NFT on the market, 5 points is pennies.
Holding period is a nice idea! Agree
Please add bonus for testnet user, private testnet and user before dencun. Metamask card is not for all, i not agree. Efrog point is bigger, not fair, change efrog to 2 point.
Given much weightage to a single NFT community and ditch other NFT communities.
You seem to be prioritizing only Efrog NFTs not other NFT communities. It can be 2.5 points but 5 is too much.
Also, other important factors like Metamask usage and 6 months long-term liquidity provider (LP) status on Surge has less weightage compare to Efrog NFT holders. Is your valuation based solely on the current market price of the NFT on secondary marketplace or do you also consider community participation in various activities and how much gas fees they burned ? Keep in mind that before dencun users has to pay 10 times more gas fees than now.
@LeChiffre
- The dependency of the final score calculation on LXP-L is linear, which makes sense.
- HOWEVER, the dependency of the final score on LXP should be nonlinear; otherwise, it devalues the significant efforts made by genuine participants in favor of multi-account users.
- It’s better not to combine everything into a single metric but to allocate tokens separately: for LXP activities and for LXP-L. It’s logical to assume a higher allocation for LXP since the primary goal is to build a community and infrastructure, not just attract liquidity (otherwise, it will result in enriching the wealthy who haven’t put in much effort).
Tiered system seem good way since its to many user
Interesting post, I can agree with some points.
One thing I wanted to point out, it seems NFT holders would have more opportunities to receive more bonus points than ecosystem participants.
Agree mate. It look like he want to get as much as benefit for his small group, who hold the frog nft. And that action will make almost of community feels dissatisfied. I agree with the bonus point for frog nft, but it should only 1 point.
Proposal from someone who did not participate in the LXP campaign. LXP-L should only be an additional reward criterion, LXP should still be the main one because it is the real value of the community’s contribution to the project (it takes effort and costs to implement).
totally agree, this is the worst proposal ever
For those saying the Efrog allocation is too much, here’s what they might not realize:
- This can only reward a maximum of 2,015 people, so if you add up the tokens likely to be allocated to Efrogs, you’ll see it’s not actually that much.
- Efrog is a community that has supported almost every project in the Linea ecosystem in one way or another: Linus, DTC, Foxy, Lynex, Nile, StationX, Zerolend… and the list goes on.
- I’m not even mentioning its monetary value. I started before Dencun, and I have close to 500 transactions with total fees of around $300.
- I’ve seen comments claiming the minting process wasn’t fair, but that’s not true. Some bought it during the public mint, some purchased it as soon as it was listed on Element Marketplace for $50–$100, and some received it as a reward for being active in the community.
I don’t mean to upset anyone, but Efrogs is Linea and Linea is Efrogs
In short, arguing over 3–5 points for something that can benefit a maximum of 2,015 people is pointless. Moreover, the thread creator has taken the time to present a thoughtful proposal a system. Naturally, the ratios, numbers, additions, or removals will be reviewed and adjusted by the team—that’s precisely why this is being shared here.
@LeChiffre RP+
I think metamask users should also be given a share of the airdrop, even though they don’t use the network, it works to attract people to linea, for example it happened with tia and then it was recognized. OG metamask and ethereum users would accept linea. of course funny numbers can also attract backlash.
The difficulty of accumulating 6,000 LXP is far greater than achieving an LXP-L ranking of 60K-80K, especially considering that LXP-L doesn’t require PoH. Additionally, the weight of the Efrog NFT is excessively high.
Time to make an update of my original post to answering the most common questions or concerns. As I write this message, there are many messages supporting a point system that combines the three categories: LXP, LXP-L, and Bonus/Communities.
There have been several questions that were mostly misunderstood. Once the explanation was given, opinions shifted. I’ll summarize them below.
1. “The ranking system and bonuses favor your wallet.”
No, all the numbers you see are hypothetical. I’m simply proposing a system that rewards three main categories: LXP holders, LXP-L holders, and those who supported the Linea ecosystem beyond the campaigns, all structured with a point system.
What I’m proposing is just a design for the airdrop. All the numbers should be considered fictional, so I have no idea how many Linea tokens I would receive under this design.
2. “Why 5 points for a random NFT collection? You diluted our LXP to pump your bag”
I would love to have hundreds of Efrogs, but that’s not the case. Out of a collection of 2015 frogs, there are 1531 unique owners. At most, this would account for 10,075 points out of hundreds of thousands distributes, you’re not going to be diluted.
Everyone involved in the Linea ecosystem knows how much Efrog has been a unique and unparalleled support in developing the ecosystem. You could ask 100% of the founders building on Linea ecosystem what they think of Efrog, and they would all give positive feedback. Every single one.
It’s a net positive for Linea.
Currently, Efrog is valued at $800, after having stagnated at $1500 for a long time.
This has nothing to do with the famous multichain NFTs, Efrog is Linea-only.
It might seem shocking, but only if you’re not following the Linea ecosystem closely enough to understand the value Efrog brings to the ecosystem as a whole. Most major L2 ecosystems and bridges have rewarded NFT communities that did far less than what Efrog does.
3. “Linea always said LXP would weigh more than LXP-L. Why are they given the same points?”
Yes! Linea has always stated that 1 LXP would not equal 1 LXP-L, and that’s exactly what I’ve reflected in the table.
Example:
→ Users with 7200 LXP will be eligible for 6 points.
→ Users who farmed and ranked between 20k and 40k will also earn 6 points. For reference, you need 284,000 LXP-L to rank 30k.
This means that for every 1 LXP, you’d need about 39x LXP-L, which seems fair to me.
4. “Users with 1300 LXP, who joined during the last days of Linea Park, will be rewarded even though they didn’t pay fees.”
False. Users with 1300 LXP will not qualify for the airdrop. In the table on the right, you need at least 3 points to qualify. Earning 1300 LXP gives you access to 1 point.
Among these users, there are many who joined the Linea journey midway. I agree with you that there are also many sybils. However, I don’t think sybils completed tasks outside of LXP campaigns on hundreds/thousands of wallets or deposited liquidity for months during Linea Surge, which is mandatory if you don’t have many LXP.
5. “Linea should only use LXP and LXP-L to measure the airdrop.”
I agree that there was a lot of interest in these metrics because everyone knew that if there was an airdrop, LXP and LXP-L would likely be used to measure your contribution to Linea. However, they never said these would be the only measures.
The problem with using only these two metrics is that many people participated only during the campaigns. Of course, they should be rewarded, they spent gas, time, etc. (I also participated in the campaigns!) But those who engaged with Linea during all the year non-stop and were curious enough to test new features (Metamask Card, LNS, and others) should also receive a bonus. That’s logical and understandable to everyone.
6. “Metamask Card shouldn’t be part of the bonus points because it’s not available in my region.”
I only included it as a hypothetical example in the bonus section. But yes, I agree it’s problematic if not everyone can participate. Once again, all these examples are hypothetical. I didn’t decide about anything, I’m just sharing my POV.
The biggest flaw in this airdrop design is mixing different categories to create a single ranking and a single airdrop pool. Separate airdrop pools should be created for LXP, LXP-L, and bonus rewards for community-launched projects.
These three categories contribute to Linea in completely different ways. How can you compare them and assign points to each?
By your logic, there is no distance/difference between someone with 7200 LXP and someone with 10, 11, 12k, but that’s a huge difference… The nature of LXP distribution, unlike LXP-L, is highly non-linear to efforts, so from a certain value up to a certain threshold, a fixed drop for participation can be allocated, while everything above can be calculated using a non-linear scheme, as it was with LXP for NFTs.
Hey @Narnian, I literally write: “What I’m proposing is just a design for the airdrop. All the numbers should be considered fictional, so I have no idea how many Linea tokens I would receive under this design.” on the message you are answering.
It’s up to the Linea team to create the tiers and eligibility criteria (including bonuses).
I’m only presenting the overall framework in broad strokes.
Please stop creating confusion. There are only 20,768 wallets with more than 6,000 LXP, and fewer than 7,000 wallets with over 7,000 LXP. Can LXP-L users ranked between 20k-40k really be compared to them? LXP-L users have it so easy and don’t even need to complete PoH.