VSEA airdrop — the timer is running!
We’ve been shouting about our airdrop for a while now — we’re sure you noticed! Well, the timer is now ticking down — the airdrop window will close at 23:59:59 UTC on Thursday, 14th April. You have until that time to buy SEA (BSC), and qualify for the VSEA airdrop! We’ll be hosting a special SEAstream on Twitch this Wednesday at 19:00 UTC to go through the details and last minute questions, but here’s how it works:
Step 1: whitelisting
At 23:59:59 UTC on Thursday April 14th, we’ll snapshot all SEA (BSC) holders. Every wallet address with a balance of over 15,000 SEA will be logged as eligible for the airdrop. So all you need to do for now is make sure you get enough SEA in your wallet. We STRONGLY advise that you stock up as many as you can — when you read through and understand the following steps, you’ll see what a great opportunity this is.
Step 2: lockup
Next, we’ll announce the lockup window. During this period of time, you will be able to lock up your SEA (BSC) using our secure and simple interface. Your SEA (BSC) will unlock gradually over 90 days following the VSEA token launch.
Step 3: VSEA launch
When we launch the VSEA token on Algorand, you will receive a 1:1 airdrop. If you locked up 100,000 SEA (BSC), you will be eligible for 100,000 VSEA. But this is not a token swap. In addition to your new VSEA tokens, you will get your SEA (BSC) back! So that’s a 100% bonus, right away. At the time of the VSEA launch, you will immediately receive 20% of your VSEA tokens — the rest will be gradually released over 180 days.
Step 4: total reclaim
It sounds like a crappy version of a Schwarzenegger movie, but it’s way better than that. It’s up to you how you claim your SEA (BSC) back — grab the daily amount each day, or wait until the end and grab the whole lot. Either way, 90 days after the VSEA launch, all your SEA (BSC) will be back in your wallet. Similarly, every day more of your VSEA airdrop will be released — grab the daily allotment, or save it up and grab it all at once, it’s up to you. But after 180 days, you will have received 100% of your VSEA airdrop.
That’s all there is to it. So, you have until Thursday at midnight to get involved! Don’t forget to join us at 19:00 UTC on Wednesday (April 13th) for a special SEAstream about the airdrop, the lockup process, the new token and more.