Terms and Conditions
Great โwich Switch 2024: The Ultimate Crypto Snack Game
1. Eligibility
- Participants must be at least 18 years old or the age of majority in their jurisdiction, whichever is older.
- The contest is open to individuals worldwide, except where prohibited by law.
2. Contest Period
- The contest begins on July 15, 2024, and ends in Fall 2024. Specific dates for each phase are provided in the roadmap section.
3. How to Enter
- Phase 1: Whitelisted Minting & Staking (July 15-17)
- Early adopters who buy and hold at least 1 million $BREAD and/or 1 million $BACON by July 14, 2024, will be eligible for whitelisted minting.
- The holding requirement is based on the number of tokens, not their value in XTZ. For example, participants must hold 1 million $BREAD and/or 1 million $BACON, regardless of the tokensโ market value at the time of the snapshot.
- All purchases made before the whitelist cutoff of 00:00 UTC on July 14, 2024, will be considered. Any sales will also be considered to determine the net holding. For example, if a participant buys 1 million $BREAD or $BACON and sells half, they must ensure they still hold at least 1 million of the respective token to qualify.
- Snapshot for eligibility will be taken at 00:00 UTC on July 14, 2024.
- Any disagreements with the snapshot can be addressed in the Tezos $HITcoin Discord (link in footer) and must be posted by UTC 00:00 on July 18, 2024, or the claim will be considered moot.
- Phase 2: Public Mint & Staking (July 18)
- Remaining NFTs after the whitelist phase will be available for public minting.
- Phase 3: Sandwich Assembly (Fall 2024)
- Participants can mint BLTNFT by burning Lettuce and Tomato NFTs, using $MAYO, and paying a fee in $BACON and $BREAD.
- Exact dates for Phase 3 will be announced in August 2024.
4. Rewards and Prizes
- Whitelisted participants can earn $MAYO by staking their NFTs.
- Public staking allows all participants to earn $MAYO coin.
- BLTNFT staking will distribute $BACON/$BREAD LP tokens.
- Participants can mint Grilled BLTNFTs by burning 10 BLTNFTs for higher staking returns.
5. General Conditions
- By participating, entrants agree to be bound by these terms and conditions and the decisions of the organizers.
- Organizers reserve the right to disqualify any participant found to be violating these terms or engaging in fraudulent activity.
- Organizers reserve the right to modify, suspend, or terminate the contest at any time for any reason.
6. Liability
- Participants assume all risks related to the use of $BACON, $BREAD, $MAYO, and NFTs.
- Organizers are not responsible for any loss or damage resulting from participation in the contest.
- The contest is provided โas isโ without any warranties, express or implied.
7. Privacy
- Personal information collected from participants will be used for the purpose of administering the contest and awarding prizes.
- Participants consent to the use of their names, likenesses, and entries for promotional purposes without additional compensation, unless prohibited by law.
8. Governing Law
- These terms and conditions are governed by the laws of the State of California, without regard to its conflict of laws principles.
- Any disputes arising out of or in connection with the contest shall be resolved in the state and federal courts located in California.
9. Sponsor
- The contest is sponsored by $HITdao and BreadLoafz.
10. Contact Information
- For any questions or concerns regarding the contest, participants can contact the organizers on X or by email at contact@tezoshitcoin.xyz.
By participating in the DeFiLicious Adventure, you acknowledge that you have read, understood, and agree to these terms and conditions.
A Fun and Educational Experience
This contest is meant to be a fun way to experience the different platforms and products springing up on the new EVM-compatible Tezos rollup. It is designed to be fun, exploratory, and educational. While the goal is not to get rich, we believe that through learning and participating together, everyone can benefit. Enter at your own risk. If you have any questions, concerns, or otherwise, you are always welcome in our Discord, where anyone may speak their mind as long as they follow our simple rules for kindness and respect towards others.
$HIT Token Holders Airdrop
Airdrop Details
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Eligibility:
- To qualify for the airdrop, $HIT token holders must have a minimum of 200k $HIT in their Tezos wallet at the time of the snapshot.
- The airdrop will be based on the current wallet holdings of $HIT, incentivizing holders to increase their holdings and potentially driving price action.
- $HIT held in Liquidity Pools (LPs) will be calculated, with half of the LP holdings counted as $HIT and added to your total at the snapshot. There is no need to remove $HIT from LPs for the snapshot.
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Airdrop Amount:
- A total of 6.5 million $BACON will be distributed among eligible $HIT holders.
- The amount of $BACON received will scale with the amount of $HIT held. Specifically, each holder will receive approximately 0.031458 $BACON for each $HIT token held.
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Premium for Early Claim:
- There will be a premium given to those who claim their $BACON earlier. This incentivizes timely participation and ensures that active members of the community are rewarded.
- Holders with $HIT tokens stashed in farms or other locations may want to transfer them to their wallets to maximize their $BACON airdrop.
How to Participate
- Ensure your wallet holds at least 200k $HIT at the time of the snapshot.
- Monitor announcements for the snapshot date and claim window.
- Claim your $BACON as early as possible to receive the premium amount.
Important Considerations
- The airdrop is designed to reward loyal $HIT holders and encourage increased participation and investment in $HIT and $BACON tokens.
- Ensure that your $HIT tokens are in your Tezos wallet and not in farms or other staking mechanisms during the snapshot to maximize your airdrop share.
- $BACON will be claimable on an Ethereum wallet on Etherlink Mainnet.
- Etherlink Mainnet is currently in BETA phase. Therefore, all rules, regulations, and plans are subject to change based on the understanding that this is occurring on a blockchain in beta.
- We expect all media and assets to remain in place and continue to function as the chain reaches production stages. However, if this proves impossible, we will take all reasonable efforts to transfer the tokens and assets and reallocate them to users based on their last known state fairly.
- This airdrop is part of the broader DeFiLicious Adventure initiative, aimed at enhancing community engagement and driving the growth of the $HITdao and BreadLoafz ecosystems.
By participating in the $HIT token holders airdrop, you acknowledge that you have read, understood, and agree to these terms and conditions. Stay tuned for further announcements and updates on the airdrop and other exciting developments in the DeFiLicious Adventure!