Example

Unclaimed Airdrop Penalties:

If the airdrop is not claimed within 7 days, a penalty is applied starting on Day 8. The penalty is 2% per day on the unclaimed amount of WNM, WBLK, and WUNI tokens. The unclaimed tokens are subject to this penalty until they are claimed or until the next airdrop occurs.

How the Penalty is Allocated:

• First Airdrop:

  • 50% of the penalty is allocated to the liquidity program.

  • 30% is burned (removed from circulation).

  • 20% is distributed to stakers.

• Subsequent Airdrops:

  • 50% of the penalty is allocated to the liquidity program.

  • 50% of the penalty is distributed to stakers.

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Example of Airdrop and Penalty:

Let’s say that an airdrop is initiated on Day 1 with the following unclaimed amounts:

• 100,000 WNM

• 20,000 WUNI

• 5,000 WBLK

100,000 WNM
20,000 WUNI
5,000 WBLK

After 7 days, if the airdrop is not claimed, the penalty structure is applied starting from Day 8.

First Airdrop Penalty Example (Day 8 and beyond):

• 2% penalty is applied on unclaimed amounts:

  • 2% of 100,000 WNM = 2,000 WNM

  • 2% of 20,000 WUNI = 400 WUNI

  • 2% of 5,000 WBLK = 100 WBLK

• 50% of the penalty (1% of unclaimed tokens) is allocated to the liquidity program:

  • 1,000 WNM, 200 WUNI, 50 WBLK go to the liquidity program.

• 30% of the penalty (0.6% of unclaimed tokens) is burned:

  • 600 WNM, 120 WUNI, 30 WBLK are burned (removed from circulation).

• 20% of the penalty (0.4% of unclaimed tokens) is allocated to stakers:

  • 400 WNM, 80 WUNI, 20 WBLK are distributed to stakers based on their wShares.

Subsequent Airdrop Penalty Example:

For every airdrop after the first:

• 50% of the penalty goes to the liquidity program.

• 50% of the penalty goes to stakers.

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Conclusion

The WENBlocks airdrop procedure ensures that XENBlocks miners are rewarded with WNM, WBLK, and WUNI tokens based on their holdings. By applying a penalty on unclaimed airdrops, the protocol encourages timely claims and further incentivizes liquidity provisioning and staking participation.

This automated system makes the process reliable, while the differentiated fee structures for the first and subsequent airdrops support the growth of the liquidity program and staking rewards, ensuring long-term sustainability for the ecosystem.