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  1. Whitepaper: Phaver
  2. Tokenomics

$SOCIAL Season 1 Airdrop

Updated: 01-Jul-2024

PreviousTokenomicsNext$SOCIAL Season 2 Airdrop

Last updated 10 months ago

Season 1 Phairdrop is 3% of total tokens with immediate release and there is still time to qualify for the snapshot. For checking eligibility the only official site is: https://www.phairdrop.com/ (Official site will not ask to connect a wallet to check eligibility!)

To be eligible every user needs to and have a Lens profile, Farcaster profile connected to Phaver and be at least Level 2 user.

The airdrop does not deduct the users points. Users can redeem points after TGE in monthly quotas, where the withdrawal amount and ratio is dependent both on the user's level & amount of $SOCIAL held in the user's wallet.

Points : Tokens Airdrop Ratios*

Rewards
Criteria (only 1 condition needs to be filled)

Each 1,000 points = 1,000 $SOCIAL

  • Phaver-Up NFT holder

  • Creator program member

  • Level 5 user

Each 1,000 points = 600 $SOCIAL

  • Verified badge user

  • Level 4 user

Each 1,000 points = 400 $SOCIAL

  • Farcaster Power Badge user

  • Level 3 user

Each 1,000 points = 200 $SOCIAL

  • Level 2 user

*More criteria might also apply depending on partnership rules etc.

All Season 1 drops are capped at max. 110,000 $SOCIAL per user and fully unlocked at listing.

Owning a Phaver-Up NFT (Purple & Red) rarity includes future benefits, incl. Season 2 Airdrop (post-TGE) to be announced later.

How to earn Points and Level up on Phaver?