#Write2Earn Shardeum will allocate 25,400,000 SHM tokens as rewards for an #Airdrop🪂 to users across three phases, each with a different token distribution.

On February 2, 2024, #Shardeum  (SHM), a layer-1 blockchain project built on the EVM structure, officially announced the airdrop roadmap for users through three phases, with a total token allocation of 25,400,000 #SHM .

This exciting news comes as Shardeum is gearing up for the deployment of the Incentivized Testnet network, offering early contributors the opportunity to receive 3,661,600 SHM tokens in the "Phase 1" airdrop campaign.

Specifically, the airdrop campaign allocates 25,400,000 SHM tokens for rewarding users interacting with the network through three phases with varying token distribution ratios:

Phase 1 (snapshot between February 2, 2022 - a day before the Incentivized Testnet deployment): 3,661,600 SHM tokens will be allocated to users who supported the project early.

Phase 2 (To be announced): 3,296,500 SHM tokens allocated for users participating in interacting with the Shardeum Incentivized Testnet.

Phase 3 (To be announced): Users meeting criteria on the Shardeum Mainnet will receive an allocation of 18,441,900 SHM tokens.

Details about Phase 1

In Phase 1, the SHM token rewards will be distributed to 35,281 (or 42,281) wallet addresses categorized into four groups:

Off-chain contributors: Supporting the project with logo design, website creation, content creation, and building project awareness on social media channels like Twitter/Discord.

On-chain contributors: Involved in managing the Shardeum network, participating in transactions, testing various dApps, and other related activities.

Developers: Pioneers deploying dApps on Shardeum Liberty/Sphinx and participating in the EthIndia hackathon.

Node Validators: Top 50 node validators based on criteria, to be announced after the Incentivized Testnet launch, will receive 500 - 10,000 SHM. The remaining validators will be evaluated for performance and selected randomly through a vote to reach the final decision, with SHM token amounts ranging from 100-200.

Although specific details like user wallet addresses meeting criteria and the claiming process for "Phase 1" tokens have not been disclosed, Shardeum Foundation will share this information in upcoming announcements.

Furthermore, Shardeum encourages users to participate in the upcoming Incentivized Testnet network to increase their SHM token rewards, emphasizing the significance of this activity in shaping the platform's future.

Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.#TrendingTopic