We are glad to announce that the most anticipated airdrop campaign is finally here! The loyal holders of WISH will be able to receive the tokens of our fellow project, Algebra DEX.
Read the information below to find out the Airdrop details, and get your wallets ready!
Who can participate?
- To participate in the Airdrop, you must hold at least 1000 ALGB and 1000 WISH on any network.
- All your ALGB and WISH tokens must be held in one wallet with an exception for WISH BEP2.
- The number of tokens on different networks sums up. You will receive ALGB proportionally to the total number of WISH tokens you have. For example, if you have 1000 BWISH and 1500 WWISH, 2500 tokens will be taken into account.
- If you also hold more than 1000 RBC, you can receive ALGB for them too! Read this article to find the details.
What should I do to receive ALGB?
- Make sure that you have more than 1000 ALGB and WISH on one wallet address. If you are a holder of WISH BEP2, please, follow the instruction below.
- Fill in the Airdrop form.
- Wait for the ALGB to drop to the address you specified in the form.
How to participate with WISH BEP2 tokens?
If you are a holder of WISH BEP2, you need to complete a transaction from the wallet address containing your WISH to an ERC20 address with ALGB to confirm the first address and get the Airdrop rewards in the second one.
- Go to your BNB address, where your balance is more than 1000 WISH.
- Initiate a 0.01 BNB transaction to the following BNB address bnb1nn7nl90ha8xaksakqe085lcezywpyce046xprq with Memo.
- In the Memo field, enter the address containing ALGB to receive your rewards. Send the transaction.
- Fill in the Airdrop form specifying the BNB address.
The Snapshot will take place on April 28th, 15:00 UTC. The Airdrop form will be available for two weeks after the Snapshot.
- The ALGB tokens will be distributed at a 1:2 rate, where for two WISH, WWISH, or BWISH tokens, you get one ALGB.
- The distribution will be divided into 4 stages due to the token lock.
For example, if you have 1000 WISH, BWISH, or WWISH and 1000 ALGB in your wallet, and the wallet balance remains unchanged for the entire Airdrop period, you’ll get 500 ALGB in 4 steps:
- The 1st stage — 125 ALGB
- The 2nd stage — 125 ALGB
- The 3rd stage — 125 ALGB
- The 4th stage — 125 ALGB
3. The Airdrop for the 2nd, 3rd, and 4th stages will be calculated based on the minimum balance of the wallet address between the stages themselves. Once you decrease the amount of WISH, the number of rewards you’ll get will decrease too. To participate in the following three stages of the Airdrop, you need to keep and hold at least 1000 ALGB and 1000 WISH.
For example, if you have more than 1000 ALGB and 100000 WISH during the whole Airdrop, you will receive 12500 ALGB at each stage, getting a total of 50000 ALGB.
Then, let’s suppose you sell 20000 WISH after the first stage, and now 80000 is left. This is now the minimum amount of tokens. In this case, for the second stage of the Airdrop, you’ll get only 10000 ALGB at stages 2, 3, and 4.
4. If you wish to participate with locked tokens — those which are staked, farmed, or used for liquidity providing — you have to mark it down in the form. The form will be available for two weeks after the snapshot date, which is April 28th.
MyWish team is excited about the upcoming Airdrop and hopes you will enjoy your rewards!
Find more information about the airdrop campaign in this article.
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