Datamine Network Completes FLUX Airdrop on Arbitrum

💡 AI Article Summary
Arbitrum L2 Distribution Complete
The Datamine Network has successfully initiated the distribution of a major airdrop for XLQ holders. A total of 113,000 FLUX tokens, valued at over $10,000 based on a price of $0.0887, are being distributed directly on the Arbitrum Layer 2 (L2) network. This strategic deployment reaches more than 247 unique addresses, rewarding long-term community members and onboarding them into the Layer 2 ecosystem.
To ensure a seamless onboarding experience, the distribution also includes a small allocation of Ethereum (ETH) to cover gas fees. This ensures that recipients have the necessary fuel to immediately lock their FLUX tokens and begin minting ArbiFLUX on the highly efficient L2 platform.
Strategic Collaboration and Execution
The initiative was made possible through a collaboration with Jared Grey, Head Chef of SushiSwap, who matched the original $5,000 airdrop allocation with an additional $5,000. This contribution highlights the ongoing integration and relationship with historic Alqo community members.
The entire distribution process was coordinated and executed by dedicated community leadership. Users can verify the transaction history and distribution details transparently on Arbiscan. This distribution aligns with Datamine’s focus on scaling through Layer 2 solutions, enabling high-velocity, low-gas participation in the network's deflationary monetary system.
A quick update for the $10,000+ FLUX Airdrop announcement for $XLQ holders (as per announcement: https://discord.com/channels/706629360026910741/719539632408100884/1221954737918967899)
Jared Grey (Head Chef of SushiSwap) and I have sent the funds for airdrop here: https://arbiscan.io/address/0x3ef45df4d5569f408edded7f4da980508305c930#tokentxns
In total 113,000 FLUX (Current price of $0.0887) = $10,023 will be distributed on Arbitrum L2 to over 247 address!
I've also added a bit of ETH to this airdrop so there is enough in gas for everyone to cover the locking and ArbiFLUX minting fees!
I wanted to give a special shout-out to who has been with in our community for a very long time and ran this whole airdrop from start to finish!
Also special thanks to Jared Grey for matching the original $5,000 airdrop with an additional $5,000. We're super happy to see some OG Alqo friends in here!
We'll post an official announcement once the airdrop is finished, see you then! 🔥
Frequently Asked Questions
Who is eligible for the FLUX airdrop?
The airdrop is designated specifically for XLQ token holders as part of a community reward initiative.
On which network is the FLUX airdrop being distributed?
The airdrop is distributed on the Arbitrum Layer 2 (L2) network, which offers lower transaction fees and higher efficiency.
How are the transaction fees for locking and minting covered?
A portion of Ethereum (ETH) has been included in the airdrop to cover the gas fees associated with locking FLUX and minting ArbiFLUX on L2.
What is the relationship between FLUX and ArbiFLUX?
FLUX is the Layer 1 utility token of the Datamine Network. Users can bridge FLUX to the Arbitrum Layer 2 network and lock it to mint ArbiFLUX, designed for lower transaction costs.