Complete Guide to the BSX Airdrop

To our new members, a warm welcome to the BSX community! For those returning, we deeply appreciate your continued support. Nearly two years since our launch, BSX has made incredible progress, but this is only the beginning. We’re more committed than ever to driving innovation in decentralized finance and are thrilled to have you with us as we enter this exciting new chapter.

Building on Base

In early 2023, BSX made the strategic decision to build on Base, recognizing its potential to power the next generation of decentralized finance. This innovative technology perfectly aligns with our mission to accelerate DeFi adoption and create a more accessible, efficient, and secure financial ecosystem for users worldwide.

Highlights

• Product: Decentralized derivatives trading platform on Base. Offers a special trading mode for degens with up to 1000x leverage and CEX-like features like cross/isolated margin, TP/SL orders, and advanced account management.

• Metrics: One of the largest protocols on Base, with over $7B in trading volume since April 2024.

• Backers: Coinbase Ventures, Blockchain Capital, Maelstrom (Arthur Hayes’ Family Office), Cadenza Ventures (BitMEX-affiliated VC), and top DeFi and TradFi angels.

• Advisors: Industry leaders like Arthur Hayes, Gainzy, and CryptoGodJohn.

  
  

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BSX Airdrop Overview

To honor and reward our early supporters, BSX Labs is dedicating 10% of the total BSX supply (100,000,000 BSX) to the community. This milestone marks our first major token distribution, aimed at recognizing and appreciating the active users who have contributed to the growth and success of the BSX ecosystem.

Airdrop Details

• Total Airdrop Supply: 100,000,000 BSX (10% of total supply)

• Eligible Addresses: ~33,000 wallets

• Claim Duration: Jan 16 to Feb 22, 2025 (one month post Season3’s Epoch 19)

Airdrop Details

• 8.65% to BSX Users:

  • Active traders and liquidity providers through all 3 pre-TGE seasons

  • Trading bonuses across multiple epochs

  • Referrers

• 0.5% to Lilquid Holders:

  • 0.47% to Lilquid NFT Holders

  • 0.03% to Lilquid Traders

• 0.3% to BSX Arena Users:

  • TG users who connected wallets and traded on BSX Arena

  • Top 10,000 leaderboard out of 100,000+ participants

• 0.52% to Community Contributors:

  • Bonus for high-volume ($100K+) and small-volume ($10K+) traders

  • Volunteer mods, contributors, ambassadors, and active Discord/Twitter members

  • Galxe Users:

    • 800+ completed on-chain tasks and Galxe events

    • Top 200 leaderboard in social tasks

• 0.03% gift to Base Frenz:

  • Top Avantis traders (> $300K volume)

  • Top veAERO holders (> $4K veAERO)

🔗 Check your eligibility here.

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Important Notes for Lilquid NFT Holders

• 4.7M BSX will be equally distributed among all Lilquid NFT holders as of the snapshot date, with the exception of any NFTs listed on marketplaces at that time.

• Eligible wallets receive 947.25 BSX per NFT.

• Holders will receive bonus in staking, trading, and depositing when using BSX exchange.

Important Notes for BSX Arena Users

• BSX Arena users must connect their wallet during the campaign to qualify.

• Accounts flagged for suspicious activity are disqualified from the airdrop and prize pool rewards.

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Vesting Terms for Large Allocations

Most BSX users will follow the claiming process below. For BSX whales and market makers, special vesting applies:

• 0% unlocked at TGE

• 1-month cliff

• 2-month linear vesting

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Step-by-Step Guide to claim Your BSX Tokens:

1. Visit the Claim Site:

   • Go to the BSX Airdrop page and enter your wallet address to verify eligibility.

     
     

     

     
     

2. Connect Your Wallet:

   • Use your preferred Base wallet to connect. Agree to the airdrop terms and conditions.

     
     

     

     
     

3. Select Claim Method:

   • Choose between Diamond Hand Claim or Instant Claim.

     
     

4. Claim Your BSX Tokens:

   • Approve the transaction. Your tokens will be sent to your wallet.

     
     

     

     
     

5. Tweet about our airdrop!

   • Click "Tweet" X will pop up. Ctrl+V or Cmd+V to paste the Congratulation message. Post and tweet about us #BSX #BSXairdrop

     
     

     

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Claiming Options: Diamond Hand vs. Instant Claim

Diamond Hand Claim 💎

• For long-term believers in BSX. You can claim your full allocation at TGE and stake immediately to earn special APR rewards.

• Benefits:

  • Access to a special staking program (until Feb 16, 2025)

  • 50% APR (vs. standard 15% APR)

  • Higher staking amounts = higher rewards

• Eligibility for bonus airdrops and governance participation immediately post-launch.

  
  

  

Instant Claim ⚡

Want tokens now? You can claim immediately with a 20% penalty.

• No staking bonuses or extra rewards.

• The deducted amount is returned to the Rewards DAO for future campaigns.

  
  

  

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What’s next

• The launch of BSX, BSX’s native governance and utility token

• Advancing the two flagship products

  • BSX Vault: turbocharge passive earning opportunity

  • Launching BSX AI: the first-of-its-kind AI agent-driven perps protocol with advanced LLM implementation and trader automation

• The path towards full decentralization

• The best onboarding UX in crypto - superior mobile app, one-click instant bridging, easy on-off ramp

🔗 Check your eligibility here.

Please avoid clicking on any suspicious links related to the BSX airdrop.

Onwards,

BSX Labs

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Disclaimer: This announcement outlines the initial framework for BSX Labs Airdrop pre-TGE reward campaign. Users must agree to Terms & Conditions to receive airdrop. Final implementation details may be adjusted. Always verify information through official BSX Labs channels.