Exciting news: Seasonal $SPARKLET drops are coming for Upland players, offering another opportunity to earn extra $SPARKLET! As previously announced this initiative is designed to reward those who have held onto their $SPARKLET tokens since the TGE (Token Generation Event). If you’ve been a faithful holder, get ready to reap the benefits over the next three seasons!
How It Works
Upland has taken a snapshot of *awarded $SPARKLET tokens on the day of the TGE. This snapshot was taken before players were able to bridge any $SPARKLET out. For the next three seasons, there will be two drops each season to reward players who held $SPARKLET during the snapshot. The amount of tokens you receive will be based on several factors.
(*$SPARKLET won and earned. Snapshot calculation will be: [$SPARKLET held — $SPARKLET purchased])
Seasonal Airdrop Calculation
$SPARKLET Holdings
First, the number of $SPARKLET tokens you hold at the time of the snapshot will be considered. If your current $SPARKLET count is lower than your original count, the lower number will be used for calculations. This is to ensure players are awarded in this drop for their pre-TGE awarded $SPARKLET that they have kept inside Upland.
Baseline
Your baseline $SPARKLET amount is calculated by taking the awarded $SPARKLET you had at the time of TGE and comparing it to what you currently hold.
For example:
- if you held 1,000 awarded $SPARKLET at the TGE snapshot and now hold 900, your baseline is 900.
- if you held 1,000 awarded $SPARKLET at the TGE snapshot and now hold 1,100, your baseline is 1,000.
- if you held 1,000 awarded $SPARKLET at the TGE snapshot and now hold 1,000, your baseline is 1,000.
Mission Multiplier
The more Gamified Earning Seasonal missions you complete during each season, the higher your multiplier will be. This multiplier boosts your chances of earning more tokens.
Point Calculation
Points are calculated by multiplying your baseline $SPARKLET count by your mission multiplier. Tokens are then distributed proportionally based on your points relative to the total points collected by all players.
Bridging Bonus
If you bridge in at least a 500 net $SPARKLET during each season you will boost your multiplier by 0.25, giving you a better chance to earn more tokens.
Upcoming Snapshot Dates
The upcoming seasonal snapshot dates are as follows, with the corresponding airdrop occurring a few days later:
- August 30
- September 15
- October 30
- November 15
- December 30
- January 15
Note: These numbers and conditions are subject to change based on analytical results from different drops. Stay tuned for updates!
This is a golden opportunity to maximize your $SPARKLET holdings, complete missions, and earn more rewards. Get ready to make the most of these seasonal drops and watch your $SPARKLET grow!
