The Phase 1 of our $AIDO token airdrop exclusively for Weave6 Genesis Pass users is ended. We're thrilled to announce the launch of Phase 2 of our $AIDO token airdrop event, exclusively for pledged $WX users! In this exciting phase, participants have the opportunity to stake their $WX tokens and receive a share of 10,000,000 AIDO tokens. Here's everything you need to know to participate in this event:
Start Date: March 8th, 2024 (12pm UTC)
Platform: Weave6 $WX Pool
Special Note:
Once staking begins, there is no option to withdraw midway. At the end of the seven-day event, Weave6 will return $WX to the staking addresses through an airdrop.
The distribution weight is determined by the weighted average of the staked amount. Higher weights are achieved with longer staking periods.
This stage comprises two stages of airdrop distribution:
1. Allocation of 4,000,000 AIDO tokens (1st -3rd day = March 8th - 10th)
Following reward distribution, the multiplier will be recalculated. Staking for 24 hours yields a 1x multiplier, while staking for 48 hours results in a 1.2x multiplier. A 1.3x multiplier is awarded for staking 72 hours. After the third day, participants may choose to withdraw $WX or continue staking.
2. Allocation of 6,000,000 AIDO tokens (4th - 7th day = March 11th - 14th)
After the seventh-day token distribution, $WX will be returned to participating addresses via airdrop. Staking for 24 hours grants a 1x multiplier, while 48 hours results in a 1.2x multiplier. A 1.3x multiplier is awarded for staking 72 hours, and a 1.4x multiplier for staking 108 hours.
Reward distribution formula: (Individual staked amount / Total staked amount) * Multiplier * Allocated quantity
Special Note: Participants staking for less than 24 hours will not be eligible for airdrop distribution. For example, after 48 hours of staking in the first period, the participant will only qualify for distribution in the second period, while after 72 hours in the second period, they will be excluded from distribution.
Don’t hesitate, be ready to join!