# Spinner Meme Spin-Off Round 1

To celebrate the Fair Launch of $SPN, Spinner Meme Spin-Off Round 1 will feature a massive prize pool of 2% of total $SPN supply (2,000,000 $SPN) — making it one of the largest meme competitions ever launched on Sonic.

This round sets the tone for what meme culture on Sonic should look like: fast, wild, and community-powered.

**Duration: June 4 1PM UTC - June 30 1PM UTC** 

#### Round 1 Prize Breakdown

* **Total Pool**: 2,000,000 $SPN
* **Creator Rewards**: 10% of total pool (200,000 $SPN)
* **Holder Rewards**: 90% of total pool (1,800,000 $SPN), distributed among top 50 holders of each winning token

#### How to Win

1. Launch a meme token using Spinner (via X or the website)
2. Drive community growth, liquidity, and engagement
3. **Top 10 meme tokens will be judged by the Spinner team based on:**

* Trading activity + Holder traction 
* How the meme community support Spinner team and future $SPN holders - *Any giveaway/ airdrop to Spinner followers and future $SPN holders? Any co-marketing effort for $SPN Fairlaunch?* 
* Meme vibe - *Is your meme cool? Great narrative? Great art?*