The Eclipse Foundation has released 1 billion ES Tokens and is preparing to airdrop them for early users.
The ES Token is distributed diversely to develop the ecosystem, support liquidity, and attract the community based on on-chain activities and interactions on social networks.
MAIN CONTENT
A total of 1 billion ES Tokens are issued to build the ecosystem and maintain liquidity.
10% of the ES Tokens will be airdropped based on activities in the Turbo Tap game, performance on social networks, and Discord.
The ES Token is deployed on the Eclipse, Ethereum, and Solana mainnets to enhance interaction and expansion.
What is the ES Token of the Eclipse Foundation and the goal of its release?
Representatives from the Eclipse Foundation confirm that the ES Token is a native digital asset, aimed at promoting the development of the DeFi ecosystem and community across multiple blockchains.
The release of 1 billion ES Tokens is specifically allocated for multidimensional goals such as developing the platform, supporting liquidity, and rewarding collaborators. This helps leverage both internal and external resources for sustainable growth according to a report from The Block on July 16, 2024.
How is the allocation and plan for the ES Token airdrop?
According to official information, 10% of the ES Tokens (100 million) are expected to be distributed through airdrop for early users, aimed at encouraging interaction and product usage.
The remaining Tokens are distributed to the ecosystem (35%), current and future development teams (19%), initial investors and supporters (31%), along with a liquidity fund (5%) to ensure efficient trading on exchanges.
The application of multiple criteria for the airdrop aims to ensure fair distribution and encourage users to genuinely engage with the network, avoiding exploitative behaviors.
– Spokesperson of the Eclipse Foundation, July 2024
What are the criteria to qualify for the ES Token airdrop?
Eligible users must participate in interactions on the network through the Turbo Tap game, social networking activities as evaluated by Kaito, and be active in the Discord community – three factors that measure contribution and engagement.
In which Turbo Tap not only creates pressure to test the system but also awards 'grass' points to stimulate activity, although these points cannot be directly converted into ES Tokens. The multidimensional scoring method helps ensure a fair and transparent airdrop.
On which blockchains is the ES Token deployed and what are the benefits?
The ES Token is currently available on the Eclipse, Ethereum, and Solana mainnets to leverage the advantages of each platform regarding speed, cost, and cross-chain interaction.
Diverse deployments help ES expand its range of applications, easily attract users, and integrate into various DeFi ecosystems, thereby creating growth momentum for the Eclipse platform.
Multichain is a strategic focus that helps the ES Token optimize access, security, and operational efficiency, meeting the rapidly growing demands of today's cryptocurrency market.
– Mrs. Mai Huong, Product Development Director, Eclipse Foundation, 7/2024
How will the ES Token airdrop take place?
The ES Token airdrop will start on Wednesday, with plans to complete the Token distribution within the next 30 days, ensuring all eligible users receive their rewards on time.
Detailed information about the snapshot and airdrop allocation criteria will be officially announced beforehand to prevent fraudulent activities, ensuring transparency and accuracy in distribution.
How does the Turbo Tap game challenge the network's operations?
Turbo Tap is a game that tests the platform's load capacity, where users earn 'grass' points based on on-chain activities. The goal is to test the network's performance and security with a large volume of transactions.
This is a practical and innovative method to stimulate users to interact in real-time, while collecting operational data to optimize the quality of the Eclipse Foundation's Blockchain products.
Example of ES Token allocation and impact in the ecosystem
Allocation Percentage (%) Purpose Airdrop 10 Distribution of rewards for early users Liquidity fund 5 Support for Token trading on exchanges Ecosystem and development 35 Investment for projects and expanding applications Contributors & teams 19 Rewards for current and future personnel Initial investors & supporters 31 A token of gratitude for long-term support
Frequently asked questions about the ES Token and airdrop
On which exchanges can the ES Token be traded? ES has been deployed on several major mainnets and is expected to be listed on popular centralized and decentralized exchanges in the near future. How to participate in the ES Token airdrop? Users need to interact with the Turbo Tap game, social networking activities, and the Discord community according to the criteria set by the Eclipse Foundation. Can 'grass' points in the Turbo Tap game be exchanged for ES Tokens? This points are only used to challenge the network and cannot be directly converted into ES Tokens, as confirmed by project representatives. When will the ES Token officially be distributed after the airdrop? The airdrop starts on Wednesday and will be completed within 30 days to ensure fairness and transparency. Is it safe to participate in the ES Token airdrop? The Eclipse Foundation commits to clear and transparent criteria, while applying a snapshot to prevent fraud in Token distribution.
Source: https://tintucbitcoin.com/es-token-airdrop-100-trieu-cho-user/
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