SOON Foundation announces the rules for Simpforfun season 1, providing a total of 1.5 million SOON as rewards.
The reward includes 1 million SOON distributed based on trading volume and 500 K SOON as NFT rewards increasing with the number of NFTs held; the snapshot has been taken, users link their wallet on the official airdrop portal to receive, the distribution can be verified on-chain.
MAIN CONTENT
Total budget of 1.5 million SOON for season 1 of Simpforfun.
1 million SOON distributed based on trading volume, 500 K SOON as NFT rewards.
The snapshot has been completed, users claim by linking their wallet on the airdrop portal, with a transparent on-chain distribution.
What is Simpforfun season 1 and what are the program's objectives?
According to the official announcement from SOON Foundation, Simpforfun season 1 is an airdrop/incentive program for the community aimed at increasing participation and encouraging trading.
The Token reward distribution program aims to encourage trading activity and NFT ownership; the rules specify how to calculate the basic rewards and NFT bonuses so participants understand their rights before linking their wallets.
What is the scale and structure of the reward distribution?
The official regulation clearly states a total of 1.5 million SOON, including 1 million SOON as a basic reward based on trading volume and 500 K SOON as NFT rewards increasing with the number of NFTs held.
Basic rewards will be distributed proportionally to the trading volume of each individual during the snapshot; NFT rewards are calculated additionally based on the number of NFTs the user owns according to the incremental rules stated in the announcement.
How can I check the snapshot and receive SOON Token?
The snapshot has been taken; users need to link their wallet on the project's official airdrop portal to claim rewards.
The claiming process includes: wallet verification, checking if the wallet is on the snapshot list, then claiming through the airdrop portal interface; the entire distribution will be recorded on-chain for verification.
Is the distribution transparent and verifiable?
According to the announced information, the distribution will be transparent and verifiable on-chain, allowing anyone to query the transaction history to verify the amount distributed.
On-chain recording helps increase reliability as all transactions are stored on the blockchain; users can use the block explorer tool to check the distribution address and the number of Tokens transferred.
Summary of reward distribution
Category Quantity SOON Notes Total budget 1.5 million Total rewards for season 1 Basic reward per transaction 1 million Distributed based on trading volume NFT reward 500 K Bonus increases according to the number of NFTs held
Frequently asked questions
Who is eligible to receive SOON from Simpforfun season 1?
Individuals with wallets on the snapshot list according to SOON Foundation's regulations are eligible; they need to link their wallets on the official airdrop portal to confirm and claim.
How is the basic reward calculated?
Basic rewards are allocated proportionally to the trading volume of each wallet during the snapshot period; details of the allocation formula are described in the official program rules.
How are NFT rewards determined and do they increase with each NFT?
500 K SOON allocated for NFT rewards, with the bonus increasing according to the number of NFTs held by each wallet as per the published rules; specific increase details are in the program's rules document.
How to claim rewards and is there a fee?
Users link their wallet on the official airdrop portal and perform the claim action; on-chain transaction costs (if any) depend on the underlying blockchain at the time of claim.
How can the distribution that has taken place be verified?
Since the distribution is recorded on-chain, users can verify through a block explorer tool using the distribution address or txid to confirm the number of Tokens transferred.
Source: https://tintucbitcoin.com/soo-foundation-phat-15-trieu-soon-simpforfun/
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