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symm.iosymmio.foundation
  • TGE 16/12/2024
  • Symmio Foundation
    • Governance
      • SIP-1
      • SIP-2
    • Overview
  • Token Related
    • Tokenomics
      • How to get $SYMM
      • Staking Program
        • What is Staking?
        • Validated Services (coming 2025)
        • 🚧Staking Tutorial
      • Locking (Builder Program)
      • Burning (For Traders)
      • Vesting & Early Unlock
      • Symmio Points
        • Season 1
          • Season 1 Results
        • Season 2
        • Airdrop Distribution
      • Token Distribution
    • TGE Overview
      • TGE plan
      • FAQ
  • Roadmap & Vision
    • Roadmap
      • R - Research
      • I - Improving
      • D - Distribution
      • E - Expansion
    • Symmio's Endgame
      • Blockchains are clearing layers
      • Intents vs Orderbooks
      • Introducing Meta-Solvers
      • What history is telling us
  • Learn more
    • Terms of Service
      • Privacy Notice
      • Terms of Acquisition
    • Transcript AMA - May 2023
      • Page 1
      • Part I.
      • Part II.
      • Part III.
      • Part IV.
      • Part V.
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  1. Token Related
  2. Tokenomics
  3. Symmio Points

Airdrop Distribution

Below is a description of the method and amount of tokens from the Season's rewards that will be shared with the participants. To ensure that rewards are given for continuous engagement and support of the project, a vesting period has been implemented for these tokens. This will require users to trade on our protocol to release the locked rewards.

Airdrop Distribution:

The airdrop allocation is divided among three main categories of users:

  • OG traders: Those who traded on earlier versions of the platform (pre-season one, including initial alpha versions and Cloverfield).

  • Season 1 traders: Users active during Season 1.

  • Season 2 traders: Users active during Season 2.

A total of 15% of the remaining ecosystem incentives is dedicated to these airdrops, split as roughly 10 million tokens for OGs and Season 1, and 5 million for Season 2 participants.

Airdrop recipients will receive 30% of their tokens at TGE. However:

  • Airdropped tokens are NOT eligible for the early unlock penalty mechanism.

  • The remaining 70% of tokens will be released via vesting, but only if the recipient continues to trade. This clause will ensure that the airdrop rewards actual long-term platform engagement. The unclaimed amount from users who do not remain active will be redistributed to active users during vesting.

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Last updated 5 months ago