🥉Third airdrop event

This is probably the last airdrop event of BET token that was decided based on the market needs

Third airdrop event will be motivational for all liquidity providers on BET token. This event aims to get the biggest liquidity in USDT and BET to be locked in the Uniswap V3 pool. Check the conditions bellow to understand this airdrop event:

How to participate

  • Provide a liquidity to BET/USDT trading pair on Uniswap V3

  • Link for the liquidity providing is https://app.uniswap.org/pool

  • Choose a range that is suitable for you

    • Keep in mind that range plays significant role in your share on the airdrop pool

    • The higher range you choose the bigger will be your share ( see in conditions)

  • Then wait for LIQUIDITY LOCKUP feature to be implemented in app.betfin.io which will allow you to lock your liquidity for defined period of time

    • Expected time of delivery is 1st oct 2024

Third airdrop pool

Time schedule

  • Pre-registration starts since 1st July 2024

    • Pre-registration means that you can lock your liquidity and wait for Lockup feature

    • All uniswap V3 positions created before 1st July are also counted as valid if the liquidty is locked

  • Liquidity lockup feature is expected to be ready on 1st of Oct 2024

    • After Lockup feature is ready users can lock their Uniswap V3 positions to the contract

  • There will be Lockup period of 3 months to lock the liquidity

    • This time will be counted since official announcement of lockup feature deployment

    • Expected since 1st October to 31st December

  • Airdrop will be distributed within 3 years after the lockup period ends.

    • Total possible claim will be visible in the vesting contract available

    • Available claim will be unlocked as a linear vesting for 3*365 days.

Conditions

  • Only for participants of Initial airdrop and predict contest

  • Airdrop pool will be distributed proportionally to following inputs

    • Amount of BET and USDT locked in the Uniswap V3 position

    • Average value of price range

      • Average = minimum of the range + maximum of the range divided by two

      • Minimal range is 0.000001 USDT/BET and maximal range = 100 USDT/BET

    • Duration of lockup

      • Duration of lockup will be counted since start of Lockup period (since 1st of October 2024)

  • There is no impact when did you actually supplied the liquidity but it is important whether you locked it in the lockup period

Simplified example A

  • Imagine you locked 100 USDT and 100,000 BET for 10 months in range 0.0001 to 0.001 USDT

  • Someone else locked 200 USDT and 200,000 BET for 5 months in the same range

  • Your share on the airdrop pool will be the same

Simplified example B

  • Imagine you locked 100 USDT and 100,000 BET for 10 months in range 0.0001 to 0.001 USDT

  • Someone else locked 100 USDT and 100,000 BET for 5 months in range 0.0002 to 0.002 USDT Your share on the airdrop pool will be the same

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