Airdrop details
Illuvium has been doing some relentless activations with the recently replenished creator campaign and for the past month, they’ve been racking up registrations for PB4 as there are limited spots for the airdrops. They have allocated a total of 250,000 ILV tokens with 50,000 ILV allocated to ILV holders and 200,000 ILV for a 6-month Play-To-Airdrop campaign. That’s a total of $25M USD as of this writing and it has a lot of web3 gamers interested in getting a slice of the pie.
Illuvium Loyalty Airdrop
There was a snapshot last April 14th, 2024, 23:59 UTC for the activity of the $ILV holders as well as an internal points system that determines the size of the holders’ $ILV airdrop. Essentially, these are loyalty rewards set to be distributed this Q2 2024.
Points were accrued for the following activities:
- Staking in the ILV pool: Amount and duration of stake.
- Staking in the Sushi Liquidity Pool: Amount and duration of stake. Additional points were accrued for this pool.
- Illuvitars: The amount spent.
- Illuvium Zero Land: Time held & Amount Spent.
- IlluviDex Trading Fees: Trading volume within the Illuvidex.
The final tally of $ILV airdropped is based on the number of points they’ve gathered versus the total points collected by everyone. That accounts for the total of 50,000 $ILV airdrop.
Illuvium Play-to-Airdrop Campaign
The Play-to-Airdrop campaign which has a total allocation of 200,000 $ILV invites players to play the following games: Illuvium: Arena, Illuvium: Overworld, Illuvium: Zero, and Illuvium: Beyond. Illuvium states also that they will be having a points system with a dashboard of the players’ total airdrop points accrued.
Airdrop #1 – 20,000 ILV
This first 10% allocation of ILV is dedicated to the testnet phase of the beta: PB4 beginning on April 30th & Open Beta Testnet set to start on May 28th. At the end of Open Beta Testnet, airdrop points will be tallied, and everyone who participated in the beta will be airdropped this portion of ILV directly to their IMX Passport wallets. The Open Beta Testnet does not have an end-period as of the moment and it would be advised to watch out for any announcements in the future.
Airdrop #2 – 180,000 ILV
- Open Beta (Mainnet): Players can own their Illuvium assets. This portion of the campaign will last an additional five months, and airdrop points will be calculated at the end of this period. While this is still a beta, more features will be added over time; players will earn airdrop points across all our games.
- Illuvium Beyond: Activity across Beyond will also gather points; whether actively trading Illuvitars and accessories or buying D1SKS, players can earn airdrop points.
Play-2-Airdrop Specifications: Airdrop Vesting Schedule
All tokens will be subject to a mandatory vesting period for all three Airdrops.
Mandatory Six-Month Vesting
All airdrop tokens will undergo a mandatory six-month vesting period. During this time, recipients cannot sell or transfer their tokens. This approach is intended to mitigate immediate market saturation and support the token’s value over time.
Optional Extended Vesting with Bonus Rewards
Participants can extend their vesting by up to six months when claiming the airdrop. This extended vesting comes with the advantage of bonus rewards, calculated based on the total duration of the vesting period:
- 7 months total vesting: 2.5% bonus on the airdropped amount.
- 8 months total vesting: 5% bonus.
- 9 months total vesting: 7.5% bonus.
- 10 months total vesting: 10% bonus.
- 11 months total vesting: 12.5% bonus.
- 12 months total vesting: 15% bonus.
For example, if a recipient opts to vest their tokens for 8 months, they will receive an additional 5% bonus on top of their initial airdrop amount. This incremental bonus system encourages our community members to invest in the platform’s longevity, increasing both their rewards and the stability of the token.