Sharpe Season 1
Sharpe Season 1 Airdrop, Retroactive Documentation
Overview
This document provides retroactive information about the Sharpe Season 1 Airdrop, which has already taken place. It serves as a reference for the airdrop structure and distribution as we move forward into Season 2.
Total Airdrop Allocation
1% of the total token supply (10,000,000 $SAI) was distributed in the Season 1 Airdrop.
This represents the initial phase of our structured rollout across multiple seasons.
Airdrop Allocation Breakdown
The 10 million $SAI tokens for Season 1 were distributed as follows:
Sharpe Points and Gold Medal Holders: Majority of tokens
Social XP Holders: Portion allocated to Galxe and Intract social XP holders
Earning Sharpe Points
Users earned Sharpe Points through the following methods:
Trading on Sharpe platforms: 1 Sharpe point per dollar of traded volume
Ranking multipliers applied at the end of each weekly EPOCH:
Top 10 users: 2.5x multiplier
Top 11-25 users: 2x multiplier
Top 26-50 users: 1.5x multiplier
Top 51-100 users: 1.2x multiplier
Example: A user trading $50,000 in volume and ranking 71st earned 60,000 Sharpe points (50,000 * 1.2).
Gold Medal Rewards
The top user in each EPOCH received a Gold Medal
Gold Medal holders received additional rewards during the Season 1 Airdrop
Social XP Allocation and Eligibility
To qualify for the Social XP Allocation, users needed to:
Actively participate in social quests and use the Sharpe app
Use the same address on both the quest platform and the Sharpe app
Advanced bot detection measures were in place to ensure fairness.
Participation Methods
Users participated by:
Using Sharpe products:
Sharpe Perps
Sharpe Bridge
Sharpe DEX
Other Sharpe products
Aiming for top rankings in EPOCHs to benefit from higher multipliers
Participating in social quests on Galxe and Intract
Key Notes
Sharpe points were awarded at the end of each EPOCH, not in real-time
This document serves as a historical record of the Season 1 Airdrop structure
This retroactive documentation provides an overview of how the Season 1 Airdrop was conducted and how rewards were distributed. It serves as a reference point as we move forward with future seasons of the Sharpe Airdrop program.
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