ChirpPad Introduction
ChirpPad is a cutting-edge launchpad designed to power the next generation of projects in the Web3 ecosystem. Built to provide fair and community-driven access to token launches, ChirpPad ensures that dedicated users are rewarded for their engagement!
This Launchdrop is a special reward for Magic Store community members who stake $SQR and earn SQRp Points.
About $CHPD Token
Get to know the token powering ChirpPad!
- Ticker: $CHPD
- Blockchain Network: Base
- Total Token Supply: 1,000,000,000 CHPD
- Token Price: $0.006 per CHPD
- Total Tokens Available in this MagicDrop: 1,666,666 CHPD (Worth $10,000)
- Contract Address (CA): TBD (Will be published by their team prior to TGE)
What is a Launchdrop? (Introducing MagicDrop!)
A Launchdrop is an exclusive token distribution event where early community supporters receive free tokens for their participation and engagement—no payment required!
On Magic Square, these events are known as MagicDrops, a reward system designed to give back to active Magic Square users and SQR stakers. Instead of paying USDT for tokens, users claim them using SQRp Points!
How MagicDrops Work
✅ Earn SQRp Points – Users who stake SQR earn SQRp Points. The more SQR they stake—and the longer they stake it—the more SQRp they accumulate. Additionally, being active on the Magic Store earns users daily SQRp, rewarding engagement. Learn more about Karma Points and how they boost SQRp earnings here.
✅ SQRp Points in Token Sales vs. MagicDrops
Token Sales: 1 SQRp Point = $1 worth of tokens
MagicDrops: 10 SQRp Points = $1 worth of tokens
✅ Where to Participate – MagicDrops take place on the Magic Launchpad. All upcoming drops will be listed on the campaigns page, so users can easily track and participate in the latest opportunities.
✅ Membership-Based Limits – The number of tokens a user can claim depends on their Magic Store membership tier. Higher-tier members can claim more tokens in each drop. These limits may vary per campaign based on the reward pool size.
📢 MagicDrops are the easiest way for SQR stakers to claim free tokens from projects!
ChirpPad MagicDrop Details
$10,000 in $CHPD available for Magic Square Community
🔹 Max claim: Up to $50 per community member
🔹 First come, first served – Available only between February 21 - February 24
🔹 Rewards will be claimable on February 26 directly through ChirpPad’s Claim Portal
🔹 Vesting: Linear release over 5 months starting at TGE
🔹 Breakdown of $CHPD Token Allocation & SQRp Points Required
Since 1 $CHPD = $0.006 and 10 SQRp Points = $1 worth of tokens, we calculate:
👉 Want to increase your claim limit? Upgrade your membership to unlock more rewards!
Learn how to participate in a MagicDrop → Read the guide.
Steps to Claim Rewards
✅ Step 1: Stake $SQR and earn SQRp Points → Start staking.
✅ Step 2 (Optional): Upgrade your Magic Store membership to increase your claim limit → Upgrade here.
✅ Step 3: Use SQRp Points to claim free $CHPD tokens – no payment required!
✅ Step 4: Claim your rewards on February 26th directly from ChirpPad!
✅ Step 5: Vesting: Rewards will unlock gradually over 5 months starting from TGE.
✅ Step 6: Enjoy your $CHPD tokens and be part of the ChirpPad ecosystem!
🔥 Don’t miss out – first come, first served! Claim your free $CHPD before the pool runs dry!