The Fairdrop Formula
Transparency is a core principle of AetherCycle. The Fairdrop is not a subjective giveaway; it will be a predictable and verifiable calculation executed entirely by the FairAirdrop.sol smart contract. Every contributor will be able to calculate their exact allocation based on a simple, transparent formula.
Your share of the 71,111,111 AEC airdrop pool will be determined by one factor: the percentage of the total Contributor Points (CP) pool that you contribute.
The Pro-Rata Formula
The calculation will happen in two steps after the contribution window closes and the Fairdrop is finalized:
Step 1: Determine the Value of One CP
First, the contract will calculate how much AEC each individual Contributor Point is worth.
AEC per CP = (Total Airdrop Allocation) / (Total CP Deposited by Everyone)
This ensures that the entire airdrop allocation will be distributed proportionally among all participants.
Step 2: Calculate Your Personal Allocation
Once the value per CP is known, your personal allocation will be calculated simply by multiplying it by the amount of CP you deposited.
Your AEC Allocation = (AEC per CP) * (Amount of CP You Deposited)
The entire calculation will be handled on-chain by the finalizeAirdrop() function in the FairAirdrop.sol contract, making the process completely trustless and transparent.
An Example Calculation
Let's imagine a hypothetical scenario to make it clear:
Total AEC for Airdrop: 71,111,111 AEC
Total CP Deposited by All Contributors at snapshot: 5,000,000 CP
Your Contribution: You have deposited 10,000 CP
Calculation:
AEC per CP:
71,111,111 / 5,000,000 = 14.22 AEC per CPYour Allocation:
14.22 * 10,000 = 142,200 AEC
In this scenario, you would be eligible to claim 142,200 AEC. From there, you could choose to either claim 100% by paying 1 USDC, or claim 80% (113,760 AEC) for free.
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