# MultiSat Genesis Fair Launch Guide By [MultiSat](https://paragraph.com/@multisat) · 2024-01-21 --- The guide will provide users with detailed rules for the MultiSat Genesis Fair Launch, guiding them on how to participate and earn $MSAT rewards. MultiSat is the first community-owned multi-chain inscription marketplace, supported by AlienSwap Labs and Next Leader Capital. 100% of the MultiSat platform tokens will be airdropped to the community. All revenues generated on the MultiSat platform will be fairly rewarded, with 100% going to MSAT holders and builders. With no VCs and an initial total marketcap of $500,000, MultiSat is a truly bottom-up multi-chain inscription trading marketplace, the MultiSat Genesis Fair Launch is set to start on **_January 22, 2024, at 20:00 (UTC+8)_**, and the following are the participation rules and details. Join Genesis Fair Launch now: [https://multisat.io/](https://multisat.io/) MultiSat Genesis Fair Launch Rules ---------------------------------- ### **_1、Genesis Inscription Mining_** **_Time: January 22, 20:00 (UTC+8) - January 25, 20:00 (UTC+8)_** **_Allocation Cap: 250 million $MSAT (25%)_** * Inscription Mining Phase 1: 2024-01-22 20:00:00-2024-01-23 20:00:00, Allocation Cap: 100 million $MSAT (10%) * Inscription Mining Phase 2: 2024-01-23 20:00:00- 2024-01-24 20:00:00, Allocation Cap: 100 million $MSAT (10%) * Inscription Mining Phase 3: 2024-01-24 20:00:00 - 2024-01-25 20:00:00, Allocation Cap: 50 million $MSAT (5%) During the Genesis Inscription Airdrop event, users will spend the gas cost on-chain and 0.0005ETH, 0.005ETH, or 0.05ETH Inscription Mining Fee. They will receive an airdrop of 250 million $MSAT based on the proportion of the Inscription Mining Fee. After the event, the Inscription Mining Fees not airdropped will be fully refunded after the mining ends. ### **_2、Genesis Trading Mining_** **_Time: January 25, 20:00 (UTC+8) - January 28, 20:00 (UTC+8)_** **_Allocation Cap: 250 million $MSAT (25%)_** * Trading Mining Phase 1: 2024-01-25 20:00:00 - 2024-01-26 20:00:00, Allocation Cap: the trading volume cap for this phase is set at 2800 ETH, with a total reward pool of 100 million $MSAT(10%). * Trading Mining Phase 2: 2024-01-26 20:00:00 - 2024-01-27 20:00:00, Allocation Cap: the trading volume cap for this phase is set at 4200 ETH, with a total reward pool of 100 million $MSAT(10%). * Trading Mining Phase 3: 2024-01-27 20:00:00 - 2024-01-28 20:00:00, Allocation Cap: the trading volume cap for this phase is set at 4200 ETH, with a total reward pool of 50 million $MSAT(5%). **_Please note that users will receive $MSAT from trading fees on a first-come, first-served basis, and any excess amount will not be refunded._** ### **_3、NFT Ecosystem Airdrop_** **_Staking Time: January 22, 20:00 (UTC+8) - February 1, 20:00 (UTC+8)_** **_Unstaking time: February 1, 21:00 (UTC+8)_** **_Allocation Cap: 250 million $MSAT (25%)_** 20% of the total supply will be airdropped to users participating in the AlienVerse Genesis Planet Pass staking. Users who stake their AGP tokens into the airdrop pool will receive 200 million $MSAT staking rewards. Those who stake earlier will receive more $MSAT staking rewards. The remaining 5% of the total supply, which is 50 million $MSAT, will be airdropped to users trading on the AlienSwap NFT marketplace. ### **_Specific participation steps:_** ### **Genesis Inscription Mining** 1/ Connect your wallet. You can choose from the following wallets to connect. ![](https://storage.googleapis.com/papyrus_images/0f0080fb7148245b7067a28c5bb18685a871d7cfc6fbad5647decf516673cfbd.png) 2/ Click "Fair Launch Airdrop". Choose the phase you're in, and then go to inscribe. ![](https://storage.googleapis.com/papyrus_images/d6a10620d31dc1b6673900675f332beb67547ba80d1800f4314b969793ea2a88.png) 3/ Select an inscription in the "on going" phase and click "mint". ![](https://storage.googleapis.com/papyrus_images/1565e64d0c17a2c6b1288d97166dd990b2fea675d28adcc5185c5713e588bfcd.png) 4/ Click "Mint Now". ![](https://storage.googleapis.com/papyrus_images/d1498b68ba18c03c5f1baa0a1623b1cf8962a7930a0713d5b4401965e7df59c4.png) 5/ Choose the Inscription Boost you want and then click "Got it, Mint". Please note that during the three-day period of Genesis Inscription Mining, inscription on the platform requires payment of an inscription fee. If you only wish to obtain inscriptions without $MSAT, you can perform inscriptions without paying the inscription fee through the contract. Click "copy mint text" to obtain the string. ![](https://storage.googleapis.com/papyrus_images/401eb95c252d6319c3d7a96fb0356383cfc0131c82e5c72ce2aee1d2fbea4a4e.png) 6/ You can check the current total inscription fees consumed, the inscription fees you consumed, and your estimated $MSAT. ![](https://storage.googleapis.com/papyrus_images/53c5ff5d7373951e7a3af7ec40a04e51e7367ddaf072972a6d35873af8f8f9f4.png) ### How To Stake Your AlienVerse Genesis Pass 1/ Go to the Staking section on Multisat - Fair Launch Airdrop page: ![](https://storage.googleapis.com/papyrus_images/3db22c5a28a7038b4063260dd65e978c1f0b8f33160c39aa2e2df58caa2a1150.png) 2/ Click the "Stake" button and select the AGP(s) you want to stake: ![](https://storage.googleapis.com/papyrus_images/dc24668403da18cd9a2458283a7f8896c8d418783e38b843f5e3f65eb5baed12.png) 3/ Confirm the staking on the page and in your wallet to finish the process. 4/ Users can unstake after Feb. 1st 21:00 (UTC+8). To unstake, click "Unstake" button on the page to proceed: ![](https://storage.googleapis.com/papyrus_images/8784ec375bd0920dd78c7080367c37d7a05a0e9b436a12d62a746cdd592ed421.png) The Genesis Fair Launch will live on January 22 at 20:00 (UTC+8). Get ready to embark on your journey of Inscribe, Trade, and Earn. Let's join together in this fair victory, for the community. [https://multisat.io/](https://multisat.io/) --- *Originally published on [MultiSat](https://paragraph.com/@multisat/multisat-genesis-fair-launch-guide)*