Today, we are excited to celebrate a historic moment, the official arrival of $DAPP token airdrop day! We are thrilled to witness this key milestone in our community. This is just the beginning; the ecosystem led by Pencils is only starting to unfold. We will continue to innovate and grow, injecting endless vitality and opportunities into our community. In the future, as our products and ecosystem evolve rapidly, more exciting collaborations and events will follow, and we can’t wait to share them with you!

How to Claim the Airdrop?

The airdrop event page is now open! All eligible users can visit the page to check their airdrop eligibility. Claim to CEX is available now, while Claim to Wallet and Claim & Staking options will be available on September 27, 2024, at 9:00 AM UTC.

Claim via CEX >>> https://pencilsprotocol.io/airdrop

• Sign the authorization using your eligible wallet address.

• Submit your UID and deposit address from the participating cooperating exchange (CEX).

• Upon successful verification, airdrop tokens will be distributed to your exchange spot account before trading opens.

*Note: Some exchanges will close UID submissions before the TGE. Future airdrop claims can be processed through alternative methods after this phase.

Claim to Wallet >>> (Available from September 27 at 9:00 AM UTC)

• On-chain claiming opens before the TGE.

• Connect to the Scroll network and hit “Confirm Claim” on the airdrop page.

• $DAPP tokens will be deposited directly into your Scroll wallet, depending on the confirmation speed of the network.

Claim & Staking >>> (Available from September 27 at 9:00 AM UTC)

Users can complete both claiming and staking in one step, enjoying staking rewards of up to 50% while allowing for easy deposits and withdrawals.

How to Participate in $DAPP Farming?

Pencils Protocol will launch a 14-day $DAPP staking event starting September 27, 2024, where participants can earn up to 50% APR. By staking $DAPP, you can enjoy short-term high returns while gaining shares in the upcoming Auction project and additional airdrop rewards from more Scroll ecosystem projects.

Stake Now >>> (Available from September 27 at 9:00 AM UTC)

For early participants, “Unlocking Growth and Community Benefits with $DAPP Tokenomics” has already outlined the allocation rules. Participants in the Season 2: The Mystic Pen Warriors event will follow the Early Supporters Release Schedule, releasing 15% at TGE and the remainder over 12 months. Users can claim their tokens on the airdrop page.

Airdrop Allocation

In this airdrop plan, a total of 3,000,000 $DAPP tokens (3% of the total supply) will be allocated to Pencils’ early supporters and contributors, as follows:

• 2,000,000 $DAPP (2% of the total supply) will be allocated based on users’ Pencils holdings and will be released in one go at the time of the airdrop, without phased unlocking.

• 1,000,000 $DAPP (1% of the total supply) will be allocated to early active users, including:

• Users who received S1 cards

• Users who received S2 proofs

• Holders of Pencils S and P Badges

• Users who participated in the OKX Wallet joint event and received the Pencils Protocol Miner S3 NFT

• Users who successfully minted SOUL NFTs (including all participants in partner boosting events)

This portion will be unlocked in three phases: 50% released at TGE, 25% released 30 days after TGE, and the remaining 25% released 60 days after TGE.

Claim Period

The claim window will open before the TGE and close 30 days after the last claim period ends. Users must complete their $DAPP claims within this period; otherwise, it will be considered an automatic forfeiture, and the unclaimed $DAPP will be returned.

Earn & Staking

After claiming $DAPP, users can also participate directly in Earn & Staking activities on centralized exchanges, earning high APY rewards of 30%-150%. The event entry will be announced through Pencils and the official channels of each cooperating exchange, so please stay tuned for updates.

*Important NotesThe platform reserves the right to adjust activity rules, and all updates will be announced through official channels.