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Home»ADOPTION NEWS»SEI Community Airdrop: 27 million SEI tokens distributed to active users
ADOPTION NEWS

SEI Community Airdrop: 27 million SEI tokens distributed to active users

By Crypto FlexsMay 29, 20243 Mins Read
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SEI Community Airdrop: 27 million SEI tokens distributed to active users
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SEI, a blockchain platform known for its high performance and parallelized EVM, announced the distribution of 27,421,200 SEI tokens through its second airdrop. The offer targets 43,052 unique addresses and rewards those who have actively participated in the SEI ecosystem since the Pacific-1 Mainnet launch.

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Since the launch of SEI’s Pacific-1 Mainnet last August, over 100,000 addresses have delegated their voting power, playing a key role in securing the network. This participation has fostered a thriving economy, with primary activity revolving around the exchange and creation of NFTs. To date, the platform has seen 500,000 individual NFT purchases, generating tens of millions of SEIs.

The latest iteration, SEI V2, further enhances the platform by introducing the first highly performant parallel EVM blockchain. This new scaling approach is designed to power the Ethereum ecosystem, providing time-definition for all currently available blockchains.

How airdrop works

SEI Foundation’s second airdrop focuses on rewarding active users and participants within the SEI ecosystem. Eligible users can visit the Airdrop app to check if their wallet address is eligible. If eligible, users must link their wallet and agree to the terms and conditions to receive tokens. The deadline for this process coincides with the start of “Phase 3” of the SEI V2 release scheduled for the next few weeks.

Importantly, the foundation warned users that once eligibility is confirmed, no further interaction is required. Tokens will be sent directly to eligible addresses at the start of Phase 3. Users are advised to ignore websites claiming to support token claiming.

Airdrop #2 Allocation

Allocations for Airdrop #2 are designed to reward users based on staking, liquid staking, and participation in the top NFT community. Points were allocated based on specific criteria and snapshots were taken on key dates to determine eligibility. In particular, addresses with excessive holdings were excluded to maintain fairness.

Specifically, the criteria included:

  • Earn up to 2,000,000 SEI
  • Holds up to 2,000,000 Liquid Stake Say tokens
  • Own up to 150 NFTs from the top 8 collections.

SEI Core contributors and wallets affiliated with the SEI Foundation or Labs are not eligible to participate in this airdrop. The foundation emphasized that this distribution is for SEI community members who are actively engaged with the platform.

Users are encouraged to participate in the ecosystem by building an SEI, exploring different projects, or engaging with communities on platforms such as Discord.

The official SEI Twitter account announces the start of Phase 3 and token distribution. Eligible users must agree to the terms and conditions of the airdrop app to receive SEI tokens from the Foundation.

For more information about the SEI Community Airdrop, please visit the original announcement.

Image source: Shutterstock

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