Saga showcases token airdrops to ATOM, Solana, Polygon, and Avalanche communities

Saga showcases token airdrops to ATOM, Solana, Polygon, and Avalanche communities

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In a recent blog post, leading blockchain platform Saga revealed a sophisticated airdrop program to reward its user base for commitment and participation. As the platform inches closer to its eagerly anticipated mainnet launch, this announcement marks an important milestone in Saga’s mission to empower the community and celebrate their loyalty.

This groundbreaking airdrop journey will begin at the end of the third quarter of 2023. Saga announced the standards for innovators, builders and Saga players, kicking off the 2024 cryptocurrency airdrop season. December launched Saga Advent, an exciting airdrop featuring daily tournaments and missions across 10 different games over 25 days. The response was overwhelming, with events attracting over 3,000 participants.

Entering 2024, Saga unveiled its eligibility criteria for the general community airdrop, a key component of the initial airdrop, marking a defining moment for the Saga ecosystem. Saga emphasizes the importance of values ​​that resonate within the community and emphasizes the importance of loyalty, defining it as active participation and long-term commitment to the platform ecosystem.

Saga’s commitment to recognizing and rewarding loyalty also extends to its closest technology partners – Celestia, Polygon, Avalanche and the ATOM community – expressing gratitude for their support in the cryptocurrency space. Certain members of these communities will receive airdrops of Genesis SAGA tokens to demonstrate their belief in Saga technology and mission.

The methodology adopted for token distribution includes classifying participants into small, medium and large airdrop levels based on specific criteria within their respective communities. Each level earns more airdrops than the previous level, and loyalty bonuses are doubled for those who show exceptional dedication.

For example, in the ATOM, Celestia, Polygon, and Avalanche communities, eligibility criteria range from staking increases within a specific time period to minimum holdings or participation in bridging events, recognizing the diverse contributions of these communities.

In the ATOM community, the snapshot period for staking ATOM balances is from April 20, 2023 to October 20, 2023. In addition, users must also meet the condition that the balance of pledged ATOM on the last day must be greater than 25 ATOM and greater than the first day of the snapshot period.

The number of user tokens awarded will also be divided into 3 levels of staked ATOM balances:

  • Low: 25 to 64 ATOM
  • Average: 64 to 188 ATOM
  • High: Over 188 ATOM

For the ATOM community

Other forms of community staking that also receive rewards include:

  • Celestia (at least 23 TIA)
  • Polygon (at least 300 MATIC or more than 0.4 ETH per bridge on the zkEVM bridge)
  • AVAX (no minimum quantity limit)

In the Polygon community, more than 26,000 wallets that stake more than $300 in MATIC on October 20, 2023 or have more than $0.40 in ETH bridged via the ZKEVM bridge will be eligible for the SAGA airdrop. Those who increase their stake between April 20, 2023 and October 20, 2023 will receive loyalty rewards.

For the Polygon community

In the Avalanche community, more than 26,000 wallets that staked AVAX on April 20, 2023, or October 20, 2023 will be eligible for the SAGA airdrop. Users with a staking period of more than 150 days can receive loyalty rewards.

For the avalanche community

Looking ahead, Saga has announced Three Kingdoms, the second phase of its Play-to-Airdrop campaign, scheduled to take place between January and February. These tournaments will connect games from Saga and its key partner ecosystem: Avalanche, Polygon and Solana. Participants can participate in five competitions, with leaderboards determining eligibility for the SAGA token airdrop.

Saga encourages active participation through various communication channels, urging the community to join their Discord, Telegram and Medium subscriptions to stay up to date with tournament announcements, emphasizing the need for standards to be set before these exciting competitions begin.

Saga emphasized that eligible airdrop recipients will need to claim their tokens manually through an upcoming claim page. The platform emphasizes waiting for further guidance to ensure a smooth and accurate claims process.

The intricate design of the airdrop program reflects Saga’s commitment to community engagement and inclusivity, emphasizing the platform’s ethos of valuing and rewarding loyalty. As the Saga mainnet launch approaches, the excitement and anticipation in the community continues to grow, and the future of commitment and participation will be appropriately recognized and celebrated.

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Itadori

according to AZCoin News

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