Conflux Foundation will conduct the first airdrop to all PoS staked CFX holders based on the liquidity provided by the eSpace Liquidity Incentive Program for Swappi (Liquidity Incentive Program for Swappi).
Total airdrop amount of $PPI: 3,000,000
The Airdrop amount will be distributed to users determined by two snapshots of the amount of CFX a user has staked in any PoS pool:
1. First Snapshot:
The first snapshot was already taken at 05:00 am EST on May 23, 2022. The amount of CFX a user stakes in any PoS pool (including individual PoS nodes) at that time will determine how many $PPI tokens they are eligible to receive in the first snapshot.
Users can refer to the following formula for the amount of PPI tokens they will receive in this snapshot:
CFX staked in any of PoS pools at snapshot/ Total CFX held by all PoS pools at snapshot * Total PPI tokens received by Conflux Foundation in the airdrop * 30% (Weight of the first snapshot).
2. Second Snapshot:
The second snapshot will happen at 05:00 am EST on May 29, 2022, and the amount of $PPI airdropped at this time will be based on the Delta value during the first and the second snapshots. By Delta value, it means the incremental amount from the first snapshot till the second snapshot date.
E.g: The user had staked 100 CFX in the first snapshot, and 200 CFX in the second. Hence his Delta value is 200 – 100 = 100 CFX.
Users can refer to the following formula for the amount of PPI tokens they will receive in this second snapshot:
Delta value of the user/ Total Delta value at snapshot * Total PPI tokens received by Conflux Foundation in the airdrop * 70% (Weight of the second snapshot).
The airdrop will be conducted and delivered to the user eSpace address once two snapshots have been completed.
Additional info:
- If you are a core space staker, the amount of $PPI will be airdropped to your corresponding eSpace wallet address (You can switch the network directly in the latest version of Fluent wallet).
Additional link:
- Conflux PoS stats: https://www.conflux-pos-validators.com/
- Liquidity Incentive Program for Swappi: Liquidity Incentive Program for Swappi
- Swappi DEX: https://app.swappi.io/