SPARTAN NODE AIRDROPS LAMBDAX (LDX) TO THE ENTIRE ICON COMMUNITY!

The Spartan Node bros, in celebration of the upcoming NFT Bazaar, nftbazaar.io/, are having a LambdaX airdrop! EVERY ICONIST IS INVITED TO PARTICIPATE! LDX is the ONLY coin that can be used to mint NFTs in ICON’s first NFT Market, opening later this month. In order to participate in the airdrop, add your ICX address to the form here:

https://docs.google.com/forms/d/1keEbfLn9PZ-hUhRpmsgzuvAd40Jvd9hFL9TBJHJg2a0

Get you some NFT fuel and make you some ICX! Some wallets may be excluded if they are new or haven't been used in years.

**Addresses with less than a certain amount of TXs will be excluded from the AirDrop to prevent gaming and double claiming.

LDX UPDATES:

Spartan Node UPDATES the burn time to 3 MONTHS!!!

The crucial mechanism to encourage network participation has been the idea of a timed burn. With community feedback and observing transaction behaviours we’ve decided on some modifications to the LDX incentive model.

LDX BURN

Discussions on restarting the LDX burn were brought up in the last node meeting and the merits of PoM (Proof of Momentum) and the appropriate burn time was discussed. Suggestions included that any LDX activity including Node Rewards qualify for burn reset. We found with the release of the bazaar utility, tipping, voting for Spartan Node, and the vending machine there are enough use cases for the LDX token to warrant a very conservative 3 MONTH BURN timer.

WHAT DOES THIS MEAN?

Key Points

  • 3 month inactivity burn
  • Each burn will consume 1/2 of wallet balance every burn period
  • ANY LDX wallet activity resets burn timer.
  • Minting, Backing NFTs, Sending, Receiving weekly drop, Voting and Vending Machine are all qualifying activities

We will continue to adjust the burn mechanism with community feedback to reward active members of the community so they can benefit from a vibrant tokenomic system.

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telegram:

https://t.me/SpartanNodeICX

twitter:

@SpartanNode

team:

@calicryptoco

@infiniteloop

@icxpumplord

sites:

nftbazaar.io/

tokenup.io/

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