Community Minting

Activity-based distribution

Immediately after the Public Distribution phase ends, the Community Minting phase begins. Half of the $ALEXA token supply will be smoothly distributed to $ALEXA holders, active traders and NFT holders on a daily basis. Community Minting has already begun and will continue until the circulating supply is reduced from 1B to 375M. In order to receive rewards, users must meet the daily minting requirements. Distribution will take place automatically via a smart contract on Solana.

Daily distribution volume is defined as 80% of the $ALEXA volume burned on that day. 70% of the distribution will go to active traders who traded with beautiful orders on Raydium. 30% of the distribution will go to NFT owners of the Who Am I collection as passive income.

For example, if 1 million tokens were burned that day, Community Minting will distribute 800,000 tokens. 560,000 tokens (70%) will go to active traders who traded with beautiful orders on Raydium. 240,000 tokens (30%) will go to NFT owners of the Who Am I collection as passive income.

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.

Owners of the NFT will receive more than 150 million $ALEXA during Community Minting distribution phase.

In order for a community member to participate in the distribution of tokens from the ‘Community Minting’ allocation, they must fulfil one or more of the daily trading conditions.

• The user's wallet must have 777 $ALEXA on it at the time of the blockchain snapshot at 15:00 UTC. In this case, the user's Solana wallet is put on the list for tracking the fulfilment of daily trading conditions.

or

• The user's wallet must have one or more NFTs from the ‘Who am I’ collection. In this case, the user's Solana wallet will be included in the list for tracking the fulfilment of daily trading conditions + the user will receive mandatory accruals intended for NFT holders, regardless of the fulfilment of daily trading conditions.

If one or more conditions are met, our algorithm checks whether the user has met or failed to meet today's trade condition. If the trade condition is met, the address is added to the Community Minting Claim list, and in 24 hours the user will be able to go to the Claim Page and claim their part of the daily rewards.