MemeFi has unveiled the eligibility criteria for its upcoming airdrop. As per the announcement, around 85% of the total $MEMEFI token supply will be distributed to Telegram users, while 5% is reserved for the Web3 community. However, some specific criteria will remain undisclosed to avoid potential exploitation.
According to MemeFi’s post on X, the primary eligibility for Telegram users will depend on the total value of their purchases and the number of coins they hold, with participants needing to meet at least one of these conditions. Only those who possess a minimum amount of coins will be eligible for the airdrop, with top contributors receiving rewards in a non-linear distribution based on their coin holdings.
Additionally, Telegram users can qualify for bonus rewards by participating in on-chain transactions, giveaways, and being members of MemeFi Premium. The larger allocation for Telegram users is due to the platform’s extensive user base.
For the Web3 community, the 5% allocation will require meeting certain core criteria, such as earning testnet points, mainnet points, and owning specific NFTs.
Other qualifying conditions include holding an ERC-404 branded NFT, Website Fortune Wheel tokens, Elite and Royal NFTs, or having the Discord OG role. Meeting any of these conditions will make participants eligible for the airdrop.
As for distribution, the testnet airdrop will follow a non-linear model with a minimum threshold of 2,000 points, while the mainnet will feature a tiered system with five user classes based on points, without a minimum cutoff. Additionally, a separate Galxe airdrop will be calculated based on the supply allocated for the Galxe quest.
