Drops7: Megaton Finance — ‘oMEGA’

We are proud to announce the 7th Drops with ‘oMEGA’ of Megaton Finance!

1. oMEGA Drops information

  • Total Tokens: 100,000 oMEGA
  • Snapshot duration: Feb 14th ~ Feb 20th, 2023 (7 days)
  • Claim date: 00:00 a.m (UTC), Feb 23th, 2023

Drops is a Meshswap platform that enables various Polygon-based projects to effectively distribute their initial token resources and successfully perform the entire process from distribution, implementation, and liquidity activation plan. Only MESH stakers are eligible for new token project airdrops.

2. How to participate

Exclusive for MESH Stakers. Stake MESH to earn oMEGA tokens.

The airdrop will be distributed based on the snapshot of the vMESH amount held by users after MESH staking, and the snapshot will be held once a day at 00:00 AM (UTC). To receive the airdrop, users must have staked MESH and obtained vMESH before the snapshot.

① Go to the “Staking and voting” section on Meshswap and stake MESH.

Link to stake MESH: https://meshswap.fi/staking

② Users can check the expected amount of airdrops in the Upcoming status Drop card. (*)

③ The airdrop quantity is determined according to users’ vMESH stake at the time of one snapshot every day.

④ Users can claim the final airdrop quantity with their wallet on the claim date.

(*) Drops under “Upcoming” status, “My Airdrop Amount” is a real-time estimation of how much users will be receiving.

The actual amount received will be based on snapshots that occur every 00:00 am (UTC)

How to Stake MESH

3.. Megaton Finance & MEGA

About Megaton Finance

Megaton Finance is the first autonomous financial protocol within the TON network that provides yield farming opportunities such as swaps and pair deposits. Megaton Finance has a structure that combines the AMM (Automated Market Maker) DEX business model prevalent in the DeFi ecosystem, the scalable multi-chain economy, and the unique characteristics of the TON network.

About MEGA

MEGA is a governance token that maintains the ecosystem of Megaton Finance, and the initial quantity issued through inflation is provided to LP (Liquidity Provider). When the staking function is added to Megaton Finance, MEGA staking participants will receive MEGA as a reward. Total supply of MEGA is 100,000,000 MEGA. Community LP is 54,000,000 MEGA(54% of the total supply) and has a halving period(every 4 years).

MEGA Token Allocation

1. Total Supply: 100,000,000 MEGA

2. Token Distribution

  • Community LP 54%
  • Developer 16%
  • Investor 7%
  • Advisory 5%
  • Marketing 5%
  • Partnership 5%
  • Liquidity 4%
  • Reserve 3%
  • Initial Supply 1%

3. Initial Supply: 1,000,000 MEGA

To build the initial Megaton Finance ecosystem, 1,000,000 MEGA (1% of total supply) will be utilized for marketing, MEGA LP incentives, and Tonstarter.

Megaton Finance will create a stable trading environment by securing potential users and liquidity on the TON network through the events using initial supply.

4. Halving

  • Inflation is equal to 1/2 of the previous year’s inflation every 4 year

5. Distribution quantity per block

  • 0.217013889 MEGA/block ,18,750 MEGA/day (based on first-year distribution)
  • TON block time = 5 seconds

Learn more about MEGA tokens

Megaton Finance

Official Website: https://megaton.fi

Discord: https://discord.gg/megatonfinance

Telegram (ANN): https://t.me/MegatonFinanceChannel

Telegram (Global): https://t.me/MegatonFinanceOfficial

Telegram (Korean): https://t.me/MegatonFinanceOfficialKorea

Twitter: https://twitter.com/Megaton_Fi

 

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