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.
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
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.
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.
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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