Exclusive Access for Migaloo Blockchain Pioneers

Backbonelabs
3 min readSep 10, 2023

Dear Future Migaloo Whales,

As pioneers of the Migaloo blockchain and managers of the $WHALE GraveDigger platform at BackBone Labs, we consider it our utmost responsibility to ensure an equitable distribution of minting privileges. Simultaneously, we are committed to rewarding the unwavering support of participants in the BackBone Labs & White Whale systems. To achieve this, we have introduced a White List (WL) tool that not only guarantees fairness but also encourages active engagement within our ecosystem.

It is crucial to emphasize that our objective is to provide equal opportunities for all. The WL tool seamlessly integrates wallets from all chains hosting a White Whale Decentralized Exchange (Dex) and correlates them with Migaloo addresses for WL minting.

It is essential to note that there are more eligibility factors than guaranteed WL availability. Therefore, our claiming system operates on a first-come, first-serve basis. The WL tool records a timestamp, which will determine the order of WL claims. Above all, active participation is the most highly rewarded action, and securing your place is paramount for a successful launch.

Here are the key factors for WL criteria:

SP Staked on Enterprise Dao:
- 03 to 09 SP staked = 2 points
- 10 to 19 SP staked = 3 points
- 20 to 29 SP staked = 4 points
- 30 to 39 SP staked = 5 points
- 40 to 49 SP staked = 6 points (and so on, with no limit)

$bWHALE Alliance Stakers:
- 5,000 to 9,999 $bWHALE staked = 1 point
- 10,000 to 24,999 $bWHALE staked = 2 points
- 25,000 to 49,999 $bWHALE staked = 3 points
- 50,000 to 99,999 $bWHALE staked = 4 points
- 100,000 to 199,999 $bWHALE staked = 5 points
- 200,000 and above $bWHALE staked = 6 points (maximum)

$bLUNA Alliance Stakers:
- 1,000 to 1,999 $bLUNA staked = 1 point
- 2,000 to 4,999 $bLUNA staked = 2 points
- 5,000 to 9,999 $bLUNA staked = 3 points
- 10,000 to 24,999 $bLUNA staked = 4 points
- 25,000 to 49,999 $bLUNA staked = 5 points
- 50,000 and above $bLUNA staked = 6 points (maximum)

LST bonders on All Chains with a WW Dex (Migaloo, Terra, Chihuahua, and Juno):
- 5,000 to 9,999 LSD WW Dex bonded = 1 point
- 10,000 to 24,999 LSD WW Dex bonded = 2 points
- 25,000 to 49,999 LSD WW Dex bonded = 3 points
- 50,000 to 99,999 LSD WW Dex bonded = 4 points
- 100,000 to 199,999 LSD WW Dex bonded = 5 points
- 200,000 and above LST WW Dex bonded = 6 points (maximum)

*Please note that the maximum total points a participant can accumulate is capped at 19 points. (1 point = 1 mint)

We’re excited to announce that the WL tool will be released tomorrow, and the final snapshot for eligibility will be taken on 9/14.

Thank you for being part of this historic journey on the Migaloo blockchain. Your participation is not only valued but rewarded. Together, we will make a significant impact in the world of decentralized finance and NFTs.

Stay tuned for more updates and get ready to claim your well-deserved spot on the Migaloo White List.

Sincerely,

The Migaloo Whales Team

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