MTE Genesis LP Node Airdrop Plan

Meteorite Quantitative Platform
2 min readMar 7, 2022

--

In order to reward all genesis nodes that provide MTE/ETH liquidity (LP) to Uniswap, Meteorite DAO voted to distribute 400 extremely scarce $MTE tokens (total supply: 20,000) to Genesis LP nodes as a reward.

Rules:

1.Time:

from March 7, 2022 to July 7, 2022

2.Who is eligilble?

First 100 Nodes who provide MTE/ETH liquility (Value>10,000USDT) on Uniswap

Example:

If $MTE price = 10,000 USDT & ETH price = 2,500 USDT

You should provide at least 0.5 MTE + 2 ETH into MTE/ETH Liquidity Pool

3.About Rewards:

- Your Liquidity providing rewards will be unlocked each month from 15th onwards.

-Every eligible address who provide LP (MTE/ETH) token more than 1 month, can claim 1 $MTE drop to the address on the 15th in the coming month.

-Extra LP provide, Extra $MTE reward. If you want win the 2nd $MTE airdrop, you should provide extra 10,000 USDT valued LP (MTE/ETH) in the next month and without removing the previous LP.

-Each eligilble node can win up to 4 $MTE in total (1 $MTE /month), If you want win all 4 $MTE, you should provide extra 10,000 USDT valued LP (MTE/ETH) every month during the activity period (40,000 USDT valued LP in total) and without removing the previous LP until July 7, 2022

Rewards Releasing Schedule/Rewards Per Month

• Month 1 = 1 $MTE if 10,000USDT valued LP (MTE/ETH)

• Month 2 = 1 $MTE if Extra 10,000 USDT valued LP (MTE/ETH)

• Month 3 = 1 $MTE if Extra 10,000 USDT valued LP (MTE/ETH)

• Month 4 = 1 $MTE if Extra 10,000 USDT valued LP (MTE/ETH)

• In total 4 $MTE if provide 40,000 USDT during the reward periods

Discord |Website | Telegram | Twitter

--

--

Meteorite Quantitative Platform

Meteorite is a decentralized quantification platform in the DIBI ecosystem that supports a variety of mainstream digital asset quantification strategies