Weekly Airdrop

Overview
Joltify Team also plans to reward all participants, who are actively interacting with the Joltify network, in a weekly manner.
Specifically, the Joltify Team will reward users with cJOLT tokens based on the number of their sent transactions, which interact with Joltify's Swap, Lending, and RWA modules.
For more details, you can refer to Ranking & Rewarding.
Ranking
Based on the transaction sent by the jolt-address, the Joltify Team will reward the TOP jolt-addresses (except Joltify's official addresses), who actively interact with the Joltify network, with cJOLT tokens.
>>> Ranking 1: The SWAP King
"The SWAP King" indicates the user who sent most transactions to interact with Joltify's third_party/swap module.
Specifically, transactions with the following msgType are considered in this ranking:
Module:
    joltify.third_party.swap
MsgType:
    - MsgDeposit
    - MsgWithdraw
    - MsgSwapExactForTokens
    - MsgSwapForExactTokens
>>> Ranking 2: The LENDING King
"The LENDING King" indicates the user who sent most transactions to interact with Joltify's thidr_party/jolt module
Specifically, transactions with the following msgType are considered in this ranking:
Module:
    joltify.third_party.jolt
MsgType:
    - MsgDeposit
    - MsgWithdraw
    - MsgBorrow
    - MsgLiquidate
    - MsgRepay
>>> Ranking 3: The AUCTION King
"The AUCTION King" indicates the users who sent most transactions to interact with Joltify's third_party/auction module
Specifically, transactions with the following msgType are considered in this ranking:
Module:
    joltify.third_party.auction
MsgType:
    - MsgPlaceBid
    - MsgSurplusAuction
    - MsgDebtAuction
    - MsgCollateralAuction
>>> Ranking 4: The RWA King
"The RWA King" indicates the user who sent most transactions to interact with Joltify's spv Module.
Specifically, transactions with the following msgType are considered in this ranking:
Module:
    joltify.spv
MsgType:
    - MsgDeposit
    - MsgClaimInterest
    - MsgWithdrawPrincipal
    - MsgSubmitWithdrawProposal
    - MsgTransferOwnership
Winners of each ranking can share a total of 400,000 cJOLT tokens. A total of 1,200,000 cJOLT tokens, which is equivalent to 12,000 JOLT tokens, are awarded in this activity(more details are revealed in Rewarding).
Rewarding
As aforementioned, a total of 400,000 cJOLT tokens are awarded to the Top 3 groups of users in each ranking.
To conduct a fair reward distribution, we take the top three groups of users who send the most corresponding transactions and make sure that users in different groups obtain a distinguishable amount of rewards.
Specifically, the reward ratio for users in different groups is fixed at 5:3:2.
For example, if there is 1 user in each group to share 30 cJOLT tokens, they can obtain 15, 9, and 6 cJOLT tokens.
A Complex Example
Here is a more complex example for the ranking "The Most Active User":
As shown below, there are 20 users in different groups to share a total of 400,000 cJOLT
Group 1
-> There are 4 users and each of them sends 100 transactions in a week
Group 2
-> There are 10 users and each of them sends 95 transactions in a week
Group 3
-> There are 6 users and each of them sends 90 transactions in a week
Assume that users in Groups 1, 2, and 3 can obtain x, y, and z cJOLT tokens.
Two equations can be inferred below
          Equation1:  4x+10y+6z=400000\ \ \ \ \ \ \ \ \ \ Equation1: \ \ 4x + 10y + 6z = 400000          Equation1:  4x+10y+6z=400000

          Equation2:  x5=y3=z2\ \ \ \ \ \ \ \ \ \ Equation 2:\ \ \frac{x}{5} = \frac{y}{3} = \frac{z}{2}          Equation2:  5x​=3y​=2z​
​
Based on the above two equations, x, y, and z can be calculated:
          x≈32,258.06\ \ \ \ \ \ \ \ \ \ x \approx 32,258.06          x≈32,258.06

          y≈19,354.83\ \ \ \ \ \ \ \ \ \ y \approx 19,354.83          y≈19,354.83

          z≈12,903.22\ \ \ \ \ \ \ \ \ \ z \approx 12,903.22          z≈12,903.22

As a result, for example, 4 users in Group 1 can obtain around 32,258.06 cJOLT tokens.
On the other hand, if the total distributed cJOLT does not exceed 100,000,000 (i.e., case 1), 32,258.06 cJOLT tokens are equivalent to 322.58 JOLT tokens.
Startup Airdrop
Trading Competition Airdrop
Last modified 11d ago