🤑Daily Ranking & Airdrop
"Web 3 is an internet owned by users and builders orchestrated with tokens."
📢 Coinday Reform
Coinday will now take the form of daily ranking.
🙏🏻 Tribute Mechanism
Tribute data no longer gets rolled over everyday.
Instead, Tributes (TVLs) will be reset the end of each day. Once the tributes (TVLs) are reset, all players start over with 24 hour recurring windows to tribute and get airdrop.
HoF ranking does NOT get reset, ONLY TVLs get reset.
👑 Daily & Seasonal Ranking
Daily Ranking: refers to the reset of TVLs & Tribute data everyday
Seasonal Ranking: refers to the overall ranking associated with Jackpot allocation
Hourly airdrops will be determined by daily ranking.
Jackpot will be determined by seasonal ranking.
🙃 Negative TVLs
Curse will have 5x negative effects on pools' TVLs
Pools with less or equal than zero TVLs will NOT be eligible for airdrop allocation.
😌 Self-Buff
Buffing your own pool(s) grants you 5x TVL(s).
This effect ONLY applies to buffing your own pool, buffing other pools will not have this effect.
🟡 NATIVE TOKEN Airdrop
1 round every day.
In every day‘s last round of airdrop, 6% of the season's current Jackpot in NATIVE TOKEN are distributed to
10 randomly chosen incarnations, excluding those with TVL less than or equal to 0.
The NATIVE TOKEN will be evenly distributed among the 10 pools.
🟣 $DEGEN Airdrop
1 hour per round.
The total amount of $DEGEN Hourly Airdrops per day will be solely determined by the amount of $DEGEN tributed in the past 2 days.
Take the following facts as an example:
Assume:
All players tributed: a $DEGEN on Day -2 (the day before yesterday)
All players tributed: b $DEGEN on Day -1 (yesterday)
Selected incarnation pool(s) in Day 0 gets:
(20% * a + 70% * b) * 100% $DEGEN in total.
Every 1 hour, 3.75% of today's total $DEGEN airdrop amount are sidtributed to
the top 10 incarnations by TVL in Daily Ranking
10 randomly chosen incarnations, excluding top 10 TVL incarnations in Daily Ranking
The distribution proportion of these 20 pools will vary based on their daily TVL rankings, as below:
| TVL Rank | Ratio(/per incarnation) |
|---|---|
1 | 0.12 |
2～4 | 0.08 |
5～7 | 0.06 |
8～10 | 0.042222 |
Random 10 | 0.033333 |
🟢 Ultimate Airdrop
The last airdrop of the day will be cast without bias; DegenPower will select 10 random pools in the Hall of Fame and allocate the airdrop equally. The 10 selected pools will get the same amount of NATIVE TOKEN & $DEGEN in this specific round every day.
Also the last round airdrop of $DEGEN and NATIVE TOKEN will use a different percentage:
13.75% of today's total $DEGEN airdrop amount will be distributed.
6% of the season's current Jackpot in NATIVE TOKEN will be distributed.
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