Cross-chain Airdrop Logic
The cross-chain airdrop system is designed to reward early supporters holding $MDX ERC-20 on Ethereum while ensuring that rewards are distributed natively on the Modulax chain. This mechanism aligns short-term incentives with long-term growth.
"Rewards start on Ethereum, but they always end up secured on Modulax."
Design Goals
Reward early adopters who support the ERC-20 fundraising phase
Encourage long-term holding instead of short-term speculation
Seamless transition from ERC-20 to native MDX
Transparent distribution tracked onchain and auditable
Eligibility
Participants must hold a minimum threshold of 0.5% of ERC-20 supply
Wallet balances are tracked daily via snapshot
Only balances at the snapshot time count toward rewards
Tokens staked or locked via future Ethereum-side portal may receive multipliers
Reward Distribution
Rewards are distributed in native MDX on the Modulax, not Ethereum.
Example distribution tiers:
0.5%
1,000 MDX
1.0%
2,000 MDX
2.0%
4,000 MDX
Duration: until the Modulax native DEX and bridge are live.
"Airdrops are not one-time snapshots. Modulax rewards consistency through daily holding."
Tracking and Claiming
Tracking: Airdrop accrual is calculated automatically based on daily snapshots of ERC-20 balances
Claiming: Rewards are claimed on the Modulax chain using a connected wallet
UI/UX: A dashboard will allow participants to monitor daily accrual, pending rewards, and claim history
Anti-Abuse Measures
Prevents flash-loan manipulation by requiring sustained holdings
Uses multiple random snapshot times to avoid gaming
Vesting or claim delays may be applied for large holders
Transition to Native MDX
Once the bridge is live:
ERC-20 MDX can be swapped 1:1 for native MDX
Daily airdrops will conclude
Native staking and governance rewards will replace ERC-20 incentives
Conclusion
The cross-chain airdrop logic aligns fundraising with community incentives. Early ERC-20 holders gain daily rewards in native MDX, building loyalty while Modulax finalizes its ecosystem.
"Hold ERC-20 MDX today, earn native MDX tomorrow. Airdrops make the transition seamless."
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