Gemini 2 Phase 1 Incentivized Testnet Rewards

Gemini 2 Phase 1 Incentivized Testnet Rewards

It has come to our attention that a miscalculation occurred in the allocation of testnet rewards for Gemini 2 Phase 1. Specifically, rewards were distributed proportional to the number of tokens earned during the incentivized phase rather than being distributed equally across all eligible wallets, as initially intended. Unfortunately, this resulted in some accounts being overallocated while others were under allocated by between 1 and 6 AI3.

How We Plan to Rectify This

To ensure fairness and restore balance, we plan to:

  • Provide an additional allocation to the affected wallets that were underpaid during Gemini 2 Phase 1.
  • This correction will ensure that eligible participants ultimately receive the correct amount they earned during this phase.

These additional allocations will occur after Mainnet Phase-2, once token transfers are enabled. This approach allows us to make the necessary adjustments without disrupting the mainnet rollout process.

Spreadsheet of Affected Wallets

We have compiled a detailed spreadsheet listing:

  • The addresses affected by the miscalculation.
  • The amounts due to ensure all rewards are distributed correctly.

You can find the spreadsheet here.

Note: A significant number of addresses received the correct rewards initially due to the rounding applied to all testnet rewards.

Thank you for your understanding and continued support. If you have any questions or concerns, please feel free to reach out to us on the forum or via our Discord channels.

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