Retrodrop Reward Distribution and Campaign Recap

The Blueshift Retrodrop in partnership with Memecorn, a meme coin launchpad built on Milkomeda and Maxwell Token ($MAX), the first meme coin to launch through their launchpad, has come to an end. Rewards totalling a value of $70,000 USD, made up of ADA and $MAX will be distributed by the Maxwell team. 

Throughout the campaign, we saw a surge of activity on the DEX and some of the highest daily transaction volume of 42,394 transactions a day on Milkomeda due to the Retrodrop campaign.

Congratulations to all participants! It is normal in Retrodrop campaigns to not announce the exact rules for reward distribution before the campaign but rather give general guidelines on how to drive on-chain activity. This keeps the methods for accumulating points confidential to ensure a fair distribution and prevent any manipulation of our reward system. 

The overall goal of the campaign was to drive on-chain activity on Milkomeda by increasing transactions on our DEX and new users entering the Milkomeda ecosystem for the first time.

With this in mind, we obtained all the on-chain activity on the DEX that went beyond the requirements of our Zealy campaign and used it within our calculations for the reward distribution. The higher the amount of activity, the higher the chances of rewards for the participants.

Let’s break down the reward tiers based on on-chain activity:

• Tier 1: Users with on-chain activity exceeding $100k will share from a rewards pool worth $35k.
• Tier 2: Users with on-chain activity exceeding $50k will share from a rewards pool worth  $25k.
• Tier 3: Users with on-chain activity exceeding $15k will share from a rewards pool worth $7k.
• Tier 4: Users with on-chain activity exceeding $1k will share from a rewards pool worth $2k.
• Tier 5: Users with on-chain activity exceeding $100 will share from a rewards pool worth $500.
• Tier 6: Tier 6 participants will share a pool of $500, with the total number capped at 1000.

Our development team meticulously tracked DEX activity throughout the campaign, compiled the results, and has now calculated rewards for all wallets that interacted with our DEX while adhering to the requirements in Zealy and our Telegram bot.

Our partners Maxwell Token ($MAX) are handling the reward distribution. All rewards will be distributed to the EVM addresses that engaged with the DEX, including any Wrapped Smart Contract addresses. All rewards will be distributed by the end of the day.

For participants in our bonus Zealy campaign, your rewards have also been accurately calculated. They will be distributed based on the points earned during the Zealy sprint, using the bonus $1,000 USD of $MAX tokens.

We encourage everyone to explore farming and yield pool activities to maximize your potential earnings.

Don’t forget to watch our latest video on Blueshift’s Yield Pools and learn how to make the most of these opportunities.

We extend our heartfelt thanks to all campaign participants. Your support and involvement in Blueshift are greatly appreciated as you become an integral part of our community. Follow us on X, or join us on Discord and Telegram if you have any questions, the team is more than happy to help.