tl;dr
The DIGG drop is coming!
It has already been released that .5% of the total supply of DIGG (coming out of the 15% total drop) will go to different participants in the collaboration with MEME. I wanted to share some information on the model we will be using to determine who gets what.
- 80% (16 DIGG) will go to NFT Holders - over $500,000 in DIGG!
- 20% (4 DIGG) will go to those that staked in the two MEME pools
Some clarification
- Staking participation and NFT holders of these will be determined through snapshots taken within 36 hours of DIGG launch. there will not be an announcement for an exact time of the snapshot. The timing and contents of the snapshots can be shared after the fact
- Only staking up until all NFTs in the respective pool have been claimed will be included
- Rewards to stakers will be distributed linearly based on stake days. This is basically like rewarding based on total earned pineapples (ignoring used to claim or not)
NFT Drop
This is the fun part..... A model was built to incentivize collecting as many of the NFTs as possible. Regardless of any specifics having more of them is better.
- The calc is done per address per unique NFTs. Holding 10 of the same common is no better than holding 1 of the same common
- Holding more than 1 unique NFT in one address IS better though! so holding both of the commons in one address is better than holding them separately
- It is designed such that 2 commons < 1 Rare, 2 rares < 1 legendary, but 2 commons + 2 rares > 1 legendary, etc
- This creates a score for all addresses, then the 16 DIGG is distributed linearly based on that score
Model
Here is the formula used to score the different NFTs
