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Fuel Genesis Airdrop: Over 200,000 Independent Addresses Received 1 Billion FUEL, Who Made the Money?

Foresight News

24-12-18 11:09

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Collation and compilation: KarenZ, Foresight News

Following the Fat Penguin airdrop, Fuel also opened its airdrop query window. 20% of the total supply of Fuel will be allocated to the Fuel community, of which 10% will be used for the Genesis Drop; 5% will be allocated to the community cooperation platform; and 5% will be used for unannounced incentives, plans, activities and activations.

The Fuel Genesis Drop allocated 1 billion FUEL (10% of the total supply) to more than 200,000 unique addresses and will be open for claiming at the launch on December 19, 2024 until January 19, 2025.

The specific airdrop distribution information is as follows:

· Phase 1 pre-deposit users: 287,000,000 FUEL

· Testnet users: 64,200,000 FUEL

· NFT holders and trading users: 125,000,000 FUEL

· Fuel cross-chain users: 200,000,000 FUELEcosystem

· Glass Eaters: 138,800,000 FUEL

· Open source community: 175,000,000 FUEL

· Fuelet Magisters: 10,000,000 FUEL

According to community feedback, the airdrop for users who pre-deposited in the first phase was quite impressive, and a user deposited 1 ETH and received an airdrop of 10,000 tokens. However, the airdrop qualification for the test network is very strict, requiring at least 16 transactions to be completed on the Fuel Sepolia test network and active for at least 16 days. The specific rules are as follows:

Users who pre-deposited in the first phase: 287,000,000 FUEL

Qualification criteria:

· Participated in the first phase of the Fuel Points Program.

· Bridge all eligible assets to Fuel Ignition before November 22, 2024.

· Deposit eligible assets for at least 7 days and have at least 3 points.

· Users who meet the first phase points program qualifications and are not from restricted countries or regions.

Phase 2 is still in progress.

Testnet users: 64,200,000 FUEL

Eligibility criteria:

· Completed at least 16 transactions on the Fuel Sepolia testnet and was active for at least 16 days.

· Snapshot date is July 15, 2024. Eligibility start date: May 30, 2024.

If you participated in the Fuel Sepolia testnet but do not meet the above criteria, Fuel reminds users to fill out this form before 22:00 on December 18, 2024.

Exclusion Criteria:

· Asset flows are analyzed to identify wallet clusters. Within each cluster, wallets that show the same or nearly the same pattern are classified as Sybil. Outlier detection is applied to the final results to ensure accuracy and identify any anomalies.

NFT Holders and Trading Users: 125,000,000 FUEL

In total, there are 5,944 NFT holder addresses that meet the following criteria. Fuel has also introduced adjustments designed to provide more meaningful rewards to non-large holders.

Eligibility Criteria:

Hold NFTs on Fuel Ignition at 21:00 on December 13, 2024.

Eligibility Categories (Levels):

· Level 1 (OG Series): Executors, Pumps, Monkees, Pengus

· Level 2 (Early Series): Rocks, Fuel Dudes

· Level 3: Follows the correct NFT standards

· Level 4: Does not follow the correct NFT standards

Fuel cross-chain users: 200,000,000 FUEL

The snapshot for Fuel cross-chain users was taken at 21:00 on December 13, 2024.

Eligibility Criteria:

· Cross-chained eligible assets to Fuel Ignition before 21:00 on December 13, 2024.

· The USD value of the asset in the network multiplied by the number of days that value has been in the network is greater than 300.

Eligibility Categories:

· Lightly Engaged User: Cross-chained one or more eligible assets to Fuel Ignition, but did not interact with the application in any on-chain detectable way.

· Deeply Engaged User: Cross-chained one or more eligible assets to Fuel Ignition, and spent some time using Fuel and its ecosystem applications.

· Advanced User: Cross-chained one or more eligible assets to Fuel Ignition, and took some liquidity risk in the following ecosystem projects: Mira, SwayLend, Griffy.

Ecosystem Glass Eaters: 138,800,000 FUEL

Eligibility Categories:

· Ecosystem Builders: Individuals who have made extraordinary contributions to building and advancing the Fuel ecosystem.

· Ecosystem Projects: Individuals or teams that have delivered a fully functional application within the Fuel Points Program timeframe, no later than December 10, 2024.

· Ecosystem Auditors: Contributors who have made significant audit contributions to projects within the Fuel ecosystem.

· Fuel Researchers: Individuals or teams who have made meaningful research into the architecture or understanding of Fuel and its ecosystem.

· Fuel Discord Moderators: Active administrators who play an ongoing role in promoting and maintaining the Fuel Discord community.

· Regional Communities: Individuals or groups who manage or lead external or regional Fuel communities, helping to expand and support Fuel's global impact.

· Early Fuel Ambassadors: Individuals who participate in the Fuel Ambassador Program, providing support in the early stages of Fuel.