Airdrop information

smithery farms airdrop system

smithery farms defi has a unique method to keep the price of the SILVER stable and avoid huge dumps. After discussing multiple strategies we have decided to do what we can instead of doing something which won't work.

It is so simple to explain how the airdrop system works. Smithery farms offer a unique incentive for all the investors who would like to stake in farms and pools along with the rewards (silver). Layer 2 token's of smithery farms will be manually airdropped to all the holders of SILVER who meets the criterial of smithery farms airdrop system.

Criteria to eligible for airdrop

Once the farming is live, after the first 6 hours the criteria of holders will be started to consider for the eligibility.

Min tokens to hold - 2

Max tokens to hold -4

note : Holder who hold more than 4 will only be considered for max hold quantity

• Token Holders who transfer tokens to multiple address will be tracked and will not be eligible for airdrop

Holder who hold's for first 36 hours will receive(first hour starts 6 hours after the farming goes live) half (1/2 *L1holded) the quantity of their holded L1tokens , layer 2 will be airdropped manually after the layer 2 farming goes live.

Holder who hold's for first 48 hours will receive(first hour starts 6 hours after the farming goes live) 0.75%(0.75 * quantity of L1tokens holded) the quantity of their holded L1tokens , layer 2 will be airdropped manually after the layer 2 farming goes live.

note: Holders who buy and hold after first 18 hours of farming will not be eligible(this can be changed based on demand).

• This airdrop system continues for all the layers