# Airdrop

### Season 1 Airdrop Guide

#### Overview

Genius Season 1 rewards entitle users to a total of 70,000,000 $GENIUS tokens, via the Genius Foundation.

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#### **Core Mechanism**

There are two ways in which you can claim your airdrop

1. **Early claim penalty**

   There is a 7 day claim window. If you choose to unlock your allocation right now, you will incur an automation burn penalty of 70%. For example, if you have 100 $GENIUS tokens and you choose to claim right now, you will lose 70 of your $GENIUS tokens and will only receive 30 $GENIUS tokens. The 70 $GENIUS tokens will be permanently burned.
2. **1 year lock up**

   You have another choice that does not incur a penalty. You simply **do nothing** and allow the airdrop claim window to pass. After this point, your token allocation will be locked in a smart contract for 1 year. This will entitle you to 100% of your allocation, without any burn mechanism in place. 100 $GENIUS tokens will be 100 $GENIUS tokens a year later.

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#### **Why this structure?**

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The answer is simple: longevity. If you're long-term aligned that Genius is building something of true value, then you will have no problem accepting that the developers of the terminal and its associated products are not going anywhere. There is a highly ambitious roadmap to eat most of DeFi on BNB Chain and beyond, and there is no incentive to reward mercenary actors. The explicit goal is to curate a community of users who are here in a sincerely aligned way.