The guide will provide users with detailed rules for the MultiSat Genesis Fair Launch, guiding them on how to participate and earn $MSAT rewards. MultiSat is the first community-owned multi-chain inscription marketplace, supported by AlienSwap Labs and Next Leader Capital. 100% of the MultiSat platform tokens will be airdropped to the community. All revenues generated on the MultiSat platform will be fairly rewarded, with 100% going to MSAT holders and builders.
With no VCs and an initial total marketcap of $500,000, MultiSat is a truly bottom-up multi-chain inscription trading marketplace, the MultiSat Genesis Fair Launch is set to start on January 22, 2024, at 20:00 (UTC+8), and the following are the participation rules and details.
Join Genesis Fair Launch now:
Time: January 22, 20:00 (UTC+8) - January 25, 20:00 (UTC+8)
Allocation Cap: 250 million $MSAT (25%)
Inscription Mining Phase 1: 2024-01-22 20:00:00-2024-01-23 20:00:00, Allocation Cap: 100 million $MSAT (10%)
Inscription Mining Phase 2: 2024-01-23 20:00:00- 2024-01-24 20:00:00, Allocation Cap: 100 million $MSAT (10%)
Inscription Mining Phase 3: 2024-01-24 20:00:00 - 2024-01-25 20:00:00, Allocation Cap: 50 million $MSAT (5%)
During the Genesis Inscription Airdrop event, users will spend the gas cost on-chain and 0.0005ETH, 0.005ETH, or 0.05ETH Inscription Mining Fee. They will receive an airdrop of 250 million $MSAT based on the proportion of the Inscription Mining Fee.
After the event, the Inscription Mining Fees not airdropped will be fully refunded after the mining ends.
Time: January 25, 20:00 (UTC+8) - January 28, 20:00 (UTC+8)
Allocation Cap: 250 million $MSAT (25%)
Trading Mining Phase 1: 2024-01-25 20:00:00 - 2024-01-26 20:00:00, Allocation Cap: the trading volume cap for this phase is set at 2800 ETH, with a total reward pool of 100 million $MSAT(10%).
Trading Mining Phase 2: 2024-01-26 20:00:00 - 2024-01-27 20:00:00, Allocation Cap: the trading volume cap for this phase is set at 4200 ETH, with a total reward pool of 100 million $MSAT(10%).
Trading Mining Phase 3: 2024-01-27 20:00:00 - 2024-01-28 20:00:00, Allocation Cap: the trading volume cap for this phase is set at 4200 ETH, with a total reward pool of 50 million $MSAT(5%).
Please note that users will receive $MSAT from trading fees on a first-come, first-served basis, and any excess amount will not be refunded.
Staking Time: January 22, 20:00 (UTC+8) - February 1, 20:00 (UTC+8)
Unstaking time: February 1, 21:00 (UTC+8)
Allocation Cap: 250 million $MSAT (25%)
20% of the total supply will be airdropped to users participating in the AlienVerse Genesis Planet Pass staking. Users who stake their AGP tokens into the airdrop pool will receive 200 million $MSAT staking rewards. Those who stake earlier will receive more $MSAT staking rewards.
The remaining 5% of the total supply, which is 50 million $MSAT, will be airdropped to users trading on the AlienSwap NFT marketplace.
1/ Connect your wallet. You can choose from the following wallets to connect.
2/ Click "Fair Launch Airdrop". Choose the phase you're in, and then go to inscribe.
3/ Select an inscription in the "on going" phase and click "mint".
4/ Click "Mint Now".
5/ Choose the Inscription Boost you want and then click "Got it, Mint". Please note that during the three-day period of Genesis Inscription Mining, inscription on the platform requires payment of an inscription fee. If you only wish to obtain inscriptions without $MSAT, you can perform inscriptions without paying the inscription fee through the contract. Click "copy mint text" to obtain the string.
6/ You can check the current total inscription fees consumed, the inscription fees you consumed, and your estimated $MSAT.
1/ Go to the Staking section on Multisat - Fair Launch Airdrop page:
2/ Click the "Stake" button and select the AGP(s) you want to stake:
3/ Confirm the staking on the page and in your wallet to finish the process.
4/ Users can unstake after Feb. 1st 21:00 (UTC+8). To unstake, click "Unstake" button on the page to proceed:
The Genesis Fair Launch will live on January 22 at 20:00 (UTC+8). Get ready to embark on your journey of Inscribe, Trade, and Earn. Let's join together in this fair victory, for the community.