Introduction
In the dynamic landscape of decentralized applications (DApps), AutoLayer emerges as a cutting-edge platform dedicated to revolutionizing asset trading strategies. With a focus on community engagement and continuous growth, AutoLayer has introduced an enticing airdrop program, distributing about 55% of the total LAY3R token supply through various initiatives over five years. This guide explores the multifaceted ways to participate in the AutoLayer Airdrop and secure your share of the rewards.
Understanding AutoLayer Airdrops
AutoLayer’s airdrop strategy is designed around “Community Milestones” that activate based on achievements by the community. This structured approach ensures that the distribution of tokens aligns with the growth and engagement levels of the platform users.
How to Participate in the Airdrop
- Use AutoLayer: Begin by connecting your wallet to AutoLayer and engage in trading or minting. Your activity on the platform not only enhances your trading experience but also accumulates points, which improve your chances in the airdrop allocation.
- Earn AutoLayer Points: The core of your airdrop rewards lies in how actively you trade on AutoLayer. More trading equals more points, which translates to a larger portion of the airdrop.
- Acquire AutoLayer Genesis NFTs: Ensure you hold at least one AutoLayer Genesis NFT in your trading wallet. These can be acquired through participation in special campaigns such as:
- $LAY3R – Galactic Journey to Genesis: Running from April 18th to May 18th, this campaign offers a chance to be among the top participants and claim one of 800 exclusive Genesis NFTs.
- PoolzBoost Campaign: From April 8th to May 8th, complete specific tasks to potentially win an AutoLayer Genesis NFT, with 200 random winners chosen.
- Extra Points: Additional points can be earned if you participated in the AutoLayer Beta Test or own any Tortle Ninja NFTs, enhancing your overall airdrop potential.
Community Milestones
The distribution of tokens through airdrops is directly tied to the achievement of predetermined Community Milestones, which include:
- Season 1: Token Generation Event (TGE) unlocks 1% of the total supply.
- Season 2: Reaching 5,000 daily active users (DAU) triggers the release of another 1% of the total supply.
- Season 3: Achieving a total trading volume of $100 million on AutoLayer unlocks an additional 1% of the tokens.
Tokenomics and Utility
The LAY3R token is integral to the AutoLayer ecosystem. It is designed to increase in value as the platform grows, benefiting its holders continuously. Each operation on AutoLayer incurs a platform fee of 0.15%, which is used to purchase LAY3R and ETH on the market, subsequently providing liquidity to the LAY3R/ETH pair. Holders of these liquidity provider tokens can expect to earn additional LAY3R tokens over time, with rewards increasing the longer they hold.
- Ticker: $LAY3R
- Chain: Arbitrum One
- Maximum Supply: 32,000,000 LAY3R
- Contract Address: To be determined
Conclusion
AutoLayer’s airdrop program offers a robust pathway for users to earn significant rewards by actively participating in the platform’s ecosystem. Whether through trading, acquiring NFTs, or reaching community milestones, each participant has multiple avenues to engage with and benefit from the growing AutoLayer community. Stay updated with the latest terms and conditions of the airdrop by regularly checking AutoLayer’s social media and community channels. This proactive engagement ensures that you are well-positioned to maximize your rewards and contributions to the platform’s success.
