The ME Foundation plans to launch the Solana-based ecosystem token ME on December 10. However, specific information regarding the conversion of the existing rewards program Magic Eden Diamonds to ME tokens has not yet been disclosed. Relevant parties have indicated that the token distribution is expected to be based on factors such as 'organic' trading activity, cross-chain trading, and the historical usage of 'loyalty' or qualified platforms. Although users will have to wait until December 10 to know their allocation, they will be able to check their eligibility for the airdrop using the tools released by the ME Foundation a few days before the claim period. When the token claim officially opens on December 10, 12.5% (125 million tokens) of the total supply of 1 billion ME tokens will be immediately unlocked and made available for eligible Magic Eden users to claim. Additionally, 22.5% of the supply (225 million ME tokens) will be reserved to incentivize users who engage with the ME Foundation's related protocols and platforms in the future. (Decrypt)