$ALEXA
  • Intro
  • About Alexa
  • About Ecosystem
  • Who am I - NFT Collection
    • About collection
    • Future
    • Utility
  • $ALEXA MEME
    • Tokenomics
    • Deflationry Model
    • Utility
    • Public Distribution
    • Contract Address (Solana)
  • Community Minting
  • Referral Program
  • Road Map
  • Terms and Conditions
  • Privacy Policy
  • Links
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  • Intro
  • Rules
  • 1. [30%] NFT Holders Rewards
  • 2. [50%] Active Raydium Traders Rewards
  • 3. [20%] Referral Programme Rewards
  • Summary

Community Minting

Activity-based distribution

Intro

Community Minting is a platform that allows users to earn rewards for their activity in the Alexa ecosystem.

50M ALEXA tokens in Tokenomics will be distributed as rewards to users in the ecosystem based on their activity. Rewards will be distributed on a daily basis. The amount of rewards distributed will be 80% of that day's burn volume.

For example, if 1,000,000 ALEXA tokens were burned that day, 800,000 ALEXA tokens will be distributed from the Community Minting allocation as rewards to active users of the ecosystem.

As you can see, on a daily basis, the number of tokens burned is greater than the number of tokens distributed. This means that there are fewer tokens each day. This is the implementation of the ALEXA deflationary model.

We refer to active ecosystem users as:

  • [30%] NFT token holders from the Who Am I collection - share 30% of daily rewards.

  • [50%] Users who generate trading volume in the pool on the Raydium exchange (buying and selling tokens) - share 50% of the daily rewards, based on their personal volume in relation to the total trading volume.

  • [20%] Users who invite active users to the ALEXA ecosystem (referral programme) - 20% of the daily rewards are distributed through a 7-tier referral programme, the depth of which depends on the user's daily level.

In our example, with a daily burn of 1 million tokens and a reward distribution of 800,000 tokens, active traders will distribute 400,000 tokens to each other, NFT holders will distribute 240,000 tokens to each other, and 160,000 ALEXA tokens will be distributed through the referral programme.c

Rules

In order for a community member to participate in the distribution of tokens from the ‘Community Minting’ allocation, they must fulfil some daily minting conditions:

1. [30%] NFT Holders Rewards

Owners of NFT tokens from the Who Am I collection receive rewards as passive income. To receive rewards, they simply need to register on the ecosystem website and link their Solana wallet. You can own an unlimited number of NFT tokens at a single address. The rarer and more unique the NFT token, the more revenue it generates. NFT token owners do not need to click the Claim button every day to receive daily rewards. Rewards are calculated automatically.

  • Connect Solana Wallet and register on the Alexa website.

  • Own one or more NFT tokens from the Who Am I collection.

The task of a user who wants to earn rewards based on owning NFTs from the Who Am I collection is to register on the site and own as many NFT tokens as possible, thus increasing the level of daily passive income.

Owners of the NFT will receive more than 15 million $ALEXA during Community Minting distribution phase.

2. [50%] Active Raydium Traders Rewards

In order to participate in the distribution of daily rewards, active traders must meet certain conditions on a daily basis:

  • Connect Solana Wallet and register on the Alexa website.

  • Have 777 or more ALEXA tokens in your wallet at the time of the daily snapshot at 15:00 UTC.

  • Click the Claim button on the Alexa website in the 24 hours prior to the 15:00 UTC snapshot and do so daily.

  • Or just be a registered NFT holder.

If a user owns one or more NFTs from the Who Am I collection, they do not need to have ALEXA tokens and click Claim daily. User can simply trade on Raydium and participation in the volume-based reward distribution will be automatically activated.

Unregistered users, users who have less than 777 tokens in their wallet at the time of the 15:00 UTC snapshot, and users who have not clicked the Claim button in the 24 hours prior to the snapshot will not participate in today's Community Minting reward distribution.

The task of a user who wishes to earn rewards based on trading volume is to meet the basic conditions on a daily basis and to make as many transactions buying and selling tokens on the Raydium exchange as possible, thereby increasing his personal trading volume as a percentage of the total aggregate trading volume of all Community Minting participants.

3. [20%] Referral Programme Rewards

If you wish to receive rewards from the Referral Programme, the users you invite must receive rewards either for owning NFTs from the Who Am I collection, or for volume traded, or both. The referral programme has 7 levels, but the user will only receive referral rewards from the levels they have activated.

  • Connect Solana Wallet and register on the Alexa website.

  • Invite new users using your referral link.

  • Comply daily to activate one or more levels of referral programme depth.

The job of a user who wants to earn from a referral programme is to invite and teach as many new users as possible to earn through several levels deep, and then try to reach the maximum level of referral programme every day after that to get the maximum referral rewards.

Summary

The Ecosystem allows users to earn and increase their daily ownership of the deflationary ALEXA token, the supply of which is systematically reduced by burning. Once the Community Minting allocation of 50M ALEXA has been distributed, commission burning will stop. Commissions generated will be distributed to active Community Minting participants from that point on, and the circulating supply is stabilising. At that time, there will be 50M or less ALEXA tokens left in circulation, but the Community Minting platform will continue with even more excitement and intensity.

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Last updated 1 month ago