Lambda Odyssey：150M $LAMBDA Eco rewards, Ethereum Layer 2 Lambda Chain and the $LAMB-$LAMBDA asset migration are set to launch on May 6th.
Lambda Network is a brand-new omnichain modular storage network, aimed at providing fast, advanced, and scalable services for Web3 infrastructure.
We are thrilled to announce that the new token $LAMBDA and the Ethereum Layer 2 network Lambda Chain, based on OP Stack, is set to launch on May 6th!
At the same time, we will launch the three-month-long Lambda Odyssey program.To better expand our global operations, this technical upgrade aimed at the Ethereum ecosystem also introduces a comprehensive brand upgrade.
The new $LAMBDA token will be fully integrated into the Ethereum ecosystem and has been deployed on Ethereum Mainnet, Base, Optimism, and Arbitrum networks, allowing for interoperability and transactions through cross-chain bridges and DEXs.
Starting from May 6th, we will progressively launch asset migration, liquidity incentives, Staking rewards, and airdrops to the ecosystem, fully accelerating the development and expansion of Lambda.
At the same time, we will also launch the Lambda Odyssey program, with the Lambda Eco Foundation providing 150M $LAMBDA token as incentives to users across the network.
- Please note that all DEX trading pairs information related to the new assets and LambdaChain ID will also be released on May 6th. Do not trust any unofficial sources before this date.
1.Lambda Chain Mainnet Launch and Asset Migration
The mainnet launch will coincide with asset migration. The original Ethereum ERC20 LAMB (0x8971f9fd7196e5cEE2C1032B50F656855af7Dd26) can be migrated to the new Ethereum ERC20 LAMBDA.
Migration directions:
- From ERC20 $LAMB to ERC20 $LAMBDA on Ethereum L1
- From original Lambda Mainnet ($LAMB) to Lambda Chain ($LAMBDA)
2.DEX Liquidity and Lambda Chain DA Incentives
To further incentivize community participation and support, the Lambda Eco Fund will provide 70M $LAMBDA to reward liquidity providers and storage service providers.
- DEX liquidity incentives: A three-month program with a total of 20M $LAMBDA as liquidity rewards.
- Lambda Chain DA incentives: A one-year program with a total of 50M $LAMBDA to support DAS and storage service providers running service nodes on Lambda Chain.
3.Ecosystem Airdrop
As the leading NFT ecosystem globally, our strategic partner Genify has achieved remarkable success in the generative art field. To give back to our loyal users and expand the impact of the Lambda ecosystem, the Lambda Eco Fund will provide 80M $LAMBDA to be distributed in different stages:
- Phase 0: 20M $LAMBDA, airdrop to original Genify EVM chain (Ethereum, Lambda, Conflux) users.
- Phase 1: 30M $LAMBDA, airdrop to holders of Genesis Base and Genesis Lambda NFTs.
- Phase 2: 30M $LAMBDA, airdrop to users who post on Warpcast’s Genify and Lambda channels and complete reward tasks.
*Details of each phase will be announced progressively, so please stay tuned.
We believe these initiatives will greatly promote the growth of the Lambda Network and enhance its application and influence globally. Thank you for your support and participation, and let us look forward to the successful launch of the new Lambda Chain!
