Looking at the discussions in the forum, there are indeed some details about this round of airdrop that are worth clarifying.
Let's start with the most critical numbers: a total of USD equivalent WLFI tokens will be distributed over 4 weeks, with @E1@ USD equivalent each week. The first round runs from January 23 to January 30, and the subsequent three rounds are all distributed on Fridays, spanning the entire cycle until February 20.
The reward structure is quite interesting. As long as you hold @E2@ USD in a major exchange, whether in spot accounts or margin/contract accounts, you can participate in the airdrop share. But here’s a key advantage — USD used as collateral in contract or margin accounts can enjoy a 1.2x reward bonus. In other words, with the same 100-dollar investment, holding in a contract account can earn 20% more rewards than in a spot account. Over four airdrops, this effectively means an extra portion of gains.
The timing factor is actually especially important and often overlooked. The distribution rule is: daily eligible balance = the minimum USD1 balance snapshot taken each hour of that day. This means you need to maintain a stable position throughout the entire billing cycle; you can't just hold at the last minute. Starting from 8:00 on January 23, snapshots are taken every hour, directly affecting how much reward you can ultimately receive.
From an investment perspective, transferring USD1 into a contract account as collateral is indeed more cost-effective — the same principal automatically yields 20% higher returns. Rewards are credited before 18:00 (UTC) every Friday and can be checked in the distribution history. This mechanism is quite user-friendly, but the prerequisite is that you understand how the timing snapshots work, so you don't miss the billing cycle.
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ETHReserveBank
· 14h ago
Wow, a 1.2x bonus operation is indeed awesome, the contract collateral instantly kills the spot traders.
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DAOdreamer
· 15h ago
Contract account 1.2x bonus is really fierce, make sure to keep an eye on the snapshot time and avoid slips.
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ParanoiaKing
· 15h ago
Is the 1.2x bonus real? Then I need to quickly move my coins to the contract account and give it a try.
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Wait, an hourly snapshot? Doesn't that mean I have to watch it all day without moving? Too much hassle.
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It's quite interesting. This mechanism is indeed well thought out, but it's easy to be exploited.
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Four million in total, when divided among individuals, isn't much. Don't set your expectations too high.
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I need to review the snapshot rules again; I feel like I might accidentally overlook something.
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That 20% price difference in the contract account is pretty attractive, but I'm worried the risk might also double.
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MevTears
· 15h ago
Whoa, the snapshot rules are so strict? You have to maintain the minimum balance every hour, isn't that testing people's patience?
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The 1.2x bonus for contract accounts is probably a bait, and the risk is high too. I prefer to stick with spot trading for safety.
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Wait, is the snapshot taken at the exact hour's minimum value? Then I have to stay online all the time without moving.
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Four million over four weeks, sounds practical, but how much can I actually get? These kinds of activities always seem to have a lot of water.
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Using collateral to get a bonus is indeed a bold idea, but who bears the risk of liquidation due to leverage?
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Another seemingly profitable activity, only to find out at the end that I was excluded due to a mistake in operation. It's a bit annoying.
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Is USD1 a reliable currency? After airdrop, can I exchange it for cash?
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Damn, I have to keep an eye on the timing again. It's so tiring. Maybe I should skip this round.
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1.2x sounds sexy, but I care more about whether this platform will run away.
Looking at the discussions in the forum, there are indeed some details about this round of airdrop that are worth clarifying.
Let's start with the most critical numbers: a total of USD equivalent WLFI tokens will be distributed over 4 weeks, with @E1@ USD equivalent each week. The first round runs from January 23 to January 30, and the subsequent three rounds are all distributed on Fridays, spanning the entire cycle until February 20.
The reward structure is quite interesting. As long as you hold @E2@ USD in a major exchange, whether in spot accounts or margin/contract accounts, you can participate in the airdrop share. But here’s a key advantage — USD used as collateral in contract or margin accounts can enjoy a 1.2x reward bonus. In other words, with the same 100-dollar investment, holding in a contract account can earn 20% more rewards than in a spot account. Over four airdrops, this effectively means an extra portion of gains.
The timing factor is actually especially important and often overlooked. The distribution rule is: daily eligible balance = the minimum USD1 balance snapshot taken each hour of that day. This means you need to maintain a stable position throughout the entire billing cycle; you can't just hold at the last minute. Starting from 8:00 on January 23, snapshots are taken every hour, directly affecting how much reward you can ultimately receive.
From an investment perspective, transferring USD1 into a contract account as collateral is indeed more cost-effective — the same principal automatically yields 20% higher returns. Rewards are credited before 18:00 (UTC) every Friday and can be checked in the distribution history. This mechanism is quite user-friendly, but the prerequisite is that you understand how the timing snapshots work, so you don't miss the billing cycle.