The GBM Auction Festival

A GBM Celebration!

In the lead-up to the Initial Distribution Auction (IDA) and the official launch of the GBM Protocol, we’re hosting the GBM Auction Festival - a curated series of live auctions in collaboration with our partners.

🎯 Why Participate?

• 📦 Eligibility for the Festival Airdrop Earn points for bidding, selling, or winning and claim your share of the airdrop

• 🏅 Chance to Earn a GBM Festival Badge (NFT) A soulbound, non-transferable badge that boosts your bidding incentives forever when using the GBM Protocol

🧮 How to Earn Points During the Festival

• Bidding Points Earn points equal to the USDC value of the incentive you would receive if outbid 1 $USDC = 1 point

• Winning Points When you win an auction, you earn bonus points equal to 4× the $USDC value of the incentive you would have received if outbid.

• Selling Points If you’re the seller, you earn points equal to the total $USDC value of all incentives generated by bidders in your auction.

🎁 How the Festival Airdrop Distribution Works

At the end of the Festival:

• Your total points will be compared against the total points earned by all participants

• Your airdrop portion will be calculated pro rata based on your share of overall points

The more you participate, the larger your share.