Premine

The premine phase showcases the protocol functionality and works entirely onchain, just like the mining system. Participants can contribute SOL and deploy it on blocks in the 5x5 grid, competing in rounds exactly as they will during the mining phase.

Instead of receiving GODL tokens each round like in mining, premine participants earn airdrop points and SOL rewards. The SOL rewards can be claimed at any time, giving you immediate access to your winnings. Airdrop points accumulate based on your participation and will be converted to GODL tokens once the premine phase reaches 150 SOL.

Once 150 SOL is reached, the premine phase concludes — liquidity will be added, airdrops will be distributed, and mining will officially begin. This marks the transition from the initial distribution to the ongoing mining rewards system, where miners compete for GODL tokens every round.

GODL is committed to a fair and transparent launch. There are no private sales, no team allocations, and no venture capital investors. The premine is open to everyone on equal terms, ensuring that early supporters are rewarded for their participation and belief in the protocol.

All participants receive their tokens at the same price, calculated based on the total SOL contributed during the premine phase. This ensures fairness and aligns incentives across all early supporters.

Premine participants automatically qualify for airdrop rewards. The more you contribute and the earlier you participate, the more airdrop points you earn. These points determine your share of the airdrop allocation when the premine phase concludes.

Airdrop points are also earned through other activities such as referring friends, engaging with the community, and participating in protocol activities. Check the Airdrop page to track your points and see your estimated rewards.