Skip to main content

vXAI Liquidity Incentive Program (vXAI-SOL)

1. Overview 🚀​

To encourage more users to provide long-term, stable liquidity for vXAI, we are introducing an LP Incentive Program. We have allocated 10% of our total tokens — a total of 1,000,000,000 (1B) vXAI — from the project’s liquidity pool, which will be distributed as daily airdrops to users providing liquidity on Raydium.

Key Incentive Principles​

  1. Hold Raydium (SOL-vXAI) LP Tokens to receive daily airdrops
  2. Must hold LP Tokens for 7 consecutive days to start accruing and receiving airdrops
  3. From Day 8 onward, daily airdrops are calculated based on the average LP holdings over the previous 7 days

2. Program Scope & Goals 🎯​

  • Scope: All users who add liquidity to the vXAI-SOL pair on Raydium.
  • Goals:
    • Encourage users to hold and provide liquidity long-term, thereby contributing to greater depth and stability for the vXAI-SOL trading pair.
    • Reward all participants who actively support the vXAI ecosystem with additional token benefits.

3. Incentive Rules ⚖️​

3.1 Token Pool & Daily Airdrop Amount​

  • We have allocated 1B (10%) vXAI for this incentive program.
  • Daily airdrop amounts may be adjusted based on operational strategies or community proposals, until the allocated 1B vXAI is fully distributed.

3.2 LP Token Share Calculation​

  • By adding liquidity to the SOL-vXAI pool on Raydium, you receive Raydium (SOL-vXAI) LP Tokens (“LP Tokens”). The contract address is:
    GCXFVea3nVtLD2rznmHxpH2B1Qsd5XScDSJRdgnFTUqA

  • At any given time, if the total supply of LP Tokens across the network is T, and you hold M LP Tokens, then your share of the pool at that moment is:

    Share Ratio=MT×100%\text{Share Ratio} = \frac{M}{T} \times 100\%

  • During airdrop distribution, vXAI tokens will be allocated proportionally based on each user’s share ratio.

3.3 7-Day Holding Requirement​

  • You must hold LP Tokens for 7 consecutive days, with no single day dropping to 0 balance. Any day with a 0 balance resets your 7-day count.
  • After maintaining a continuous 7-day balance, you become eligible for daily airdrops starting from Day 8.

3.4 Daily Airdrop Distribution​

  • Beginning on Day 8, the system looks at your LP Token balance for each of the previous 7 days to calculate a 7-day average:

    7-Day Average Holdings=Day1+Day2+…+Day77 \text{7-Day Average Holdings} = \frac{\text{Day1} + \text{Day2} + \ldots + \text{Day7}}{7}

  • Every account meeting the requirement calculates its 7-day average. All averages are then summed up to get the total across all eligible accounts:

    Share Ratio for Account A=7-Day Average for Account A∑i=1n(7-Day Average for Account i) \text{Share Ratio for Account A} = \frac{\text{7-Day Average for Account A}} {\sum_{i=1}^n \bigl(\text{7-Day Average for Account i}\bigr)}

  • Daily vXAI airdrops are then distributed according to this share ratio.

Tip 💡: Starting from Day 8, each day’s airdrop references the rolling 7-day average. The more stable and consistent your holdings, the more total airdrops you will accumulate over time.

4. Quick Example 📝​

  1. Basic Setup

    • Daily total airdrop amount = 100,000 vXAI.
    • You must hold LP Tokens continuously for 7 days from the start date; airdrops begin on Day 8.
    • Account A’s daily LP Token holdings over the past 7 days are: 100, 100, 100, 80, 120, 110, 90.

  2. Calculate 7-Day Average

    100+100+100+80+120+110+907=7007=100\frac{100 + 100 + 100 + 80 + 120 + 110 + 90}{7} = \frac{700}{7} = 100

  3. Total Network Average

    • Suppose the total of all 7-day averages (from all eligible accounts) is 1,000 LP Tokens.
    • Account A’s share ratio = 100 / 1000 = 10%.

  4. Airdrop Allocation

    • Daily airdrop pool = 100,000 vXAI.
    • Account A receives 100,000 × 10% = 10,000 vXAI for that day.

  5. Interrupted Holdings

    • If Account A’s LP balance hits 0 on Day 5, it must start over once the balance is restored, accumulating another 7 consecutive days before resuming airdrops.

5. Notes & Recommendations ⚠️​

  1. Long-Term Strategy

    • The incentive is designed to reward stable, long-term liquidity providers. Consider avoiding frequent full withdrawals during the 7-day cycle.

  2. Minimum Daily Holdings

    • Maintain a non-zero LP balance each day to avoid unintentionally resetting your 7-day count.

  3. Liquidity Risks

    • Familiarize yourself with Impermanent Loss, smart contract risk, and market volatility. Participate responsibly based on your own risk tolerance.

  4. Contracts & Tools

    • Always use official or reputable tools to verify LP Token contract information.

  5. Future Adjustments

    • The project team may adjust daily distribution amounts, the overall schedule, or the calculation methods based on market conditions and community feedback.
    • Any major changes will be announced through official channels to ensure fairness and transparency.

6. FAQ ❓​

  1. When Are Airdrops Distributed?

    • Typically, airdrops occur daily, triggered by a certain on-chain timestamp. Some slight delays may occur. Check official updates for details.

  2. Where Can I View My Airdrop Rewards?

    • You can check transactions via a blockchain explorer like Solscan or track the changes in your vXAI balance through Phantom Wallet.

  3. Can I Withdraw or Reduce My LP at Any Time?

    • Yes. However, if you withdraw entirely before completing 7 consecutive days, your count resets and you must hold LP Tokens for another full 7-day period to qualify again.

  4. How Do You Ensure Fair Distribution?

    • All data and calculations are based on on-chain information, and every qualifying address is treated equally by the same set of rules.

  5. Will This Incentive End?

    • Once the 1B vXAI allocation is fully distributed, this incentive program will conclude. If there’s an extension or a follow-up program, we’ll announce it officially.

7. Conclusion & Outlook 🌟​

The vXAI LP Incentive Program aims to reward every participant who contributes liquidity to the project’s ecosystem, ensuring a deeper liquidity pool and more stable trading environment for the vXAI pair on Raydium.
Simply maintain your LP Tokens continuously for 7 days to qualify, and from Day 8 onward, you’ll receive daily airdrops based on your 7-day average LP holdings.
We look forward to seeing more partners join us and witness vXAI’s long-term growth and success.

Disclaimer: This document serves as a reference example. Official announcements will take precedence over the details herein. Always evaluate your own risk tolerance, and stay updated through our official channels for the latest information.

Thank you for supporting the vXAI ecosystem!
If you have any questions or suggestions, feel free to join our official community or reach out to our support team. Let’s grow vXAI together! 🤝