$DEGEN is a token built on the Base blockchain that rewards its community through structured airdrops. Airdrop 2 is currently ongoing, and this article provides a detailed overview of its distribution and remaining rewards for each season. We'll also delve into the mathematics behind Airdrop 2 and estimate how much longer this airdrop could continue.
Let’s take a look at the Total Supply and Distribution
The total supply of $DEGEN tokens is 36,965,730,333. The tokenomics are divided into different categories, with a specific percentage allocated to each:
![](https://storage.googleapis.com/papyrus_images/de96e36e36dd271a72b9fcd431eb3710.png)
Airdrop 1: 15% (5,544,859,550 $DEGEN)
Airdrop 2: 20% (7,393,146,067 $DEGEN)
Airdrop 3: 25% (9,241,323,583 $DEGEN)
Liquidity Mining: 10% (3,696,573,033 $DEGEN)
Liquidity Pool: 15% (5,544,859,550 $DEGEN)
Ecosystem: 15% (5,544,859,550 $DEGEN)
Now let’s Breakdown Airdrop 2
Airdrop 2 is allocated 20% of the total supply, which equals 7,393,146,067 $DEGEN tokens. This airdrop is divided into seasons, with each season representing one month. Here is a detailed look at each season within Airdrop 2:
Season 1
Started in February and was available to claim in March.
Total Available to Claim: 1,457,006,651 $DEGEN (3.94%)
Claimed Tokens: 1,389,911,461 $DEGEN (3.76%)
Unclaimed Tokens: 67,095,191 $DEGEN (0.18%)
Notes: Unclaimed tokens have been withdrawn by the DEGEN deployer.
Token Contract:
0x88d42b6DBc10D2494A0c6c189CeFC7573a6dCE62
Season 2
Started in March and was available to claim in April.
Total Available to Claim: 649,041,472 $DEGEN (1.76%)
Claimed Tokens: 639,507,135 $DEGEN (1.73%)
Unclaimed Tokens: 9,534,337 $DEGEN (0.03%)
Notes: Unclaimed tokens have been withdrawn by the DEGEN deployer.
Token Contract:
0xca6843ad5a13a27a163c712559267913e4abe84b6a85f3f9e85f6b89c24ee64
Season 3
Started in April and was available to claim in May.
Total Available to Claim: 864,547,336 $DEGEN (2.34%)
Claimed Tokens: 846,515,225 $DEGEN (2.29%)
Unclaimed Tokens: 18,032,111 $DEGEN (0.05%)
Token Contract:
0x0bf676823f958d0aE6a9f9860880FC7A327a0c582
Season 4
Started in May and was available to claim in June.
Total Available to Claim: 166,474,088 $DEGEN (0.45%)
Claimed Tokens: 162,649,213 $DEGEN (0.44%)
Unclaimed Tokens: 3,824,875 $DEGEN (0.01%)
Token Contract:
0xF4c9f64eD902B08C3397C48dCa0342bdFD49a32
Progress and Estimated Duration
To date, Airdrop 2 has seen the following distribution:
· Total Claimed Tokens:
1,389,911,461 + 639,507,135 + 846,515,225 + 162,649,213 = 3,038,583,034 $DEGEN
· Percentage of Airdrop 2 Claimed:
![](https://storage.googleapis.com/papyrus_images/7ced5c0cca2bdb761a978192c8bb843b.png)
Given that each season represents one month, and four seasons (or months) have already been completed, approximately 41.10% of Airdrop 2 has been distributed.
Estimating the Remaining Duration
With 58.90% of the allocation still remaining and assuming the distribution rate remains consistent, we can estimate the remaining duration as follows:
Estimated Remaining Duration:
This suggests that Airdrop 2 could continue for approximately 4-5 more months, considering potential variations in claim rates.Summary
Airdrop 2 of the $DEGEN token represents 20% of the total supply, equating to 7,393,146,067 $DEGEN. So far, 3,038,583,034 $DEGEN tokens have been distributed, representing 41.10% of the total allocation. Based on the current distribution pace, it's estimated that Airdrop 2 will continue for another 4-5 months.
Stay tuned for updates and make sure to claim your rewards within the designated period!
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