Hello everyone, how are you? I bring you news from Lumiterra. Many of you may know that approximately two days ago Lumiterra released a meme airdrop, and I know that many of you may be just as confused and lost as I am, so I bring you a humble explanation. I hope to clarify your doubts a little more, love you all.
What is LuluMoon?
LuluMoon is an experimental platform created by Lumiterra that allows the community to create their own meme tokens. But, what does this have to do with the meme airdrop? Well, Lumiterra is using this platform to carry out a special airdrop, where you can earn tokens from the most popular memes. By participating in the creation and promotion of these memes, you have the opportunity to receive a portion of the generated tokens.
How does the meme airdrop work? step by step
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Creation of memes: Any user can create a meme on the LuluMoon platform. You just need to choose a name, a description, and optionally upload an image.
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Lua Stake: For a meme to have the opportunity to be selected for the airdrop, it needs to reach a certain number of Lua staked by users.
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Meme selection: A bot will select the winning memes based on various factors, such as the amount of Lua staked, community activity, and trading volume.
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Airdrop: Users who staked Lua on the winning memes will receive a proportional share of the generated tokens.
How to participate step by step?
- Create a wallet on Arbitrum: To interact with the LuluMoon platform, you will need a wallet compatible with the Arbitrum network, such as MetaMask.
- Connect your wallet to LuluMoon: Once you have Lua and your wallet set up, connect it to the LuluMoon platform.
- Bet Lua on a meme: Find a meme you like and bet Lua to support it. The more Lua you bet, the higher your chances of winning in the airdrop.
Can you participate in the airdrop without a meme?
Yes, it is possible to participate in the airdrop without creating your own meme. You can simply bet Lua on memes created by other users. However, your chances of winning will be lower compared to those who create their own memes and actively promote them.
Mechanics and important details
- Arbitrum: All interaction with LuluMoon is done on the Arbitrum network. You will need some Ethereum to pay the transaction fees.
- Lua Badges and Fragments: These are special tokens that can be used to participate in the airdrop. You can earn them by playing Lumiterra games or buying them on the market.
- Stake and Unstake: You can bet and withdraw your Lua at any time. However, keep in mind that once a meme has been launched, the bet Lua will be locked until the airdrop is completed.
For this Meme
— Lulumoon (@lulumoon_gg)
If bot buy back with 5,000 LUA
1 Lumi Fragment =
5,000 * 0. 3 / 5753 = 0.26 LUA ~= $1.17
Then I think I answer the ??? here :-) pic.twitter.com/10sfUXGDaA
Frequently Asked Questions
- Is it safe to participate in LuluMoon? Like any decentralized finance platform, there are risks involved. Do thorough research before participating and make sure you understand the mechanics.
- How much can I earn with the airdrop? The amount of tokens you can earn depends on various factors, such as the popularity of the meme, the amount of Lua staked, and the total number of tokens generated.
- What happens if the meme I chose is not selected? If the meme you staked on is not selected, you can withdraw your Lua without any issues.
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