Solana's new meme coin LFG airdropped and went live, surging 5,000% in a single day
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Table of Contents
New Airdrop Coin LFG
Twitter user @0xQuit has compiled information about the LessFnGas (LFG) token, a new coin on the Solana chain with meme attributes, aimed at attracting more Ethereum users to switch to using Solana.
Qualifications for withdrawal: Gas Fee paid on Ethereum reaches $4,269.
How to withdraw: Visit the LFG official website, link your wallet, and execute a gasless signature.
Second airdrop: The second wave of airdrops will be distributed to airdrop recipients providing liquidity.
Notes: The LFG official has not released much information, and there are many fraudulent LFG URLs on Twitter.
If there are security concerns, @0xQuit suggests using a new wallet for claiming. He claimed 1.9 million LFG tokens for only about $69, with one month left until the claiming deadline.
LFG is a new token launched on a Solana, with a goal of onboarding more ETH users to SOL.
Gotten several pings asking about the safety of it, so here's a quick rundown 1/๐งต
โ quit (๐,๐ฆ) (@0xQuit) January 1, 2024
LFG Soars 5,000% in a Single Day
The LFG official website only has a homepage, and the Blog contains no content; the most informative content is actually the official tweets.
The token distribution is as follows:
Total tokens: 1 trillion
For airdrops: 60%
Team treasury: 24%
Early contributors: 10%
For initial liquidity: 6% rewards, 4% initial liquidity
The first wave of airdrops consists of 400 billion tokens, which will be burned if unclaimed after one month.
Early contributors include 10 individuals such as organizers, developers, and designers of LFG, claiming they will be linearly unlocked over the next 12 months.
According to DEX Screener, LFG to SOL has surged approximately 5,000% in the past 24 hours.