AetherEVM ($AETHER) have confirmed they will be doing an airdrop for Cosmos ($ATOM) stakers and the snapshot has not been taken yet. The team have confirmed they will be airdropping 34.16 million tokens to Cosmos $ATOM stakers! Here is our AetherEVM ($AETHER) token airdrop guide
Check out our AetherEVM ($AETHER) token airdrop guide!
What is AetherEVM ($AETHER)?
Aetherevm is a project that aims to create an EVM-compatible consumer chain with full vertical integration and core DeFi primitives on the Cosmos network. Here are some main features of AetherEVM ($AETHER):
- EVM-compatible consumer chain: A blockchain that can run Ethereum Virtual Machine (EVM) smart contracts and interact with other blockchains through Inter-Blockchain Communication (IBC) protocol.
- Full vertical integration: A design that allows AetherEVM to have its own native token (AETHER), consensus mechanism (Tendermint BFT), and governance system without relying on external platforms or services.
- Core DeFi primitives: A set of decentralized finance (DeFi) applications and features that enable users to lend, borrow, swap, stake, and earn AETH and other tokens on AetherEVM.
Will AetherEVM ($AETHER) do a token airdrop?
AetherEVM have confirmed they will do a token airdrop soon. 40% of AetherEVM tokens will be reserved for the airdrop to Cosmos $ATOM token stakers. The snapshot has not been taken yet so it is a good time now to start positioning yourself for this airdrop. Note that only staking on non centralized exchange (CEX) validators will qualify you for the airdrop. So do not stake on CEX validators such as Binance or Coinbase.
How to get the AetherEVM ($AETHER) token airdrop?
Time needed: 5 minutes
Here’s how to get the AetherEVM ($AETHER) token airdrop
- Buy or transfer Cosmos $ATOM
You will need to buy or transfer Cosmos $ATOM tokens to your Keplr wallet in order to stake it on validators. You can buy Cosmos $ATOM tokens on major exchanges such as Bybit.
Sign up for Bybit here!
- Go to Keplr dashboard
Go to your Keplr wallet dashboard. Click “Chains” on the side bar and go to “Cosmos Hub”.
- Find a community validator
Go through the list and find a community validator you wish to stake with. Note that all non-CEX validators are eligible for the airdrop. Examples of non-CEX validators i.e. community validators include Cosmostation, Stakecito and some validators with “Nodes” at the end of their name.
- Stake $ATOM
Click into your chosen validator, type in the amount of $ATOM tokens you wish to stake and click “Stake”. We suggest, if possible, to stake more than 1 $ATOM token to avoid being mistaken for a Sybil farmer. This is because some projects will actively locate and disqualify any Sybil farmers from the airdrop. We usually stake 10 $ATOM for validators on the Cosmos Hub.
AetherEVM ($AETHER) airdrop review
When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.
Likelihood of airdrop: AetherEVM ($AETHER) airdrop is now live!
Airdropped token allocation: AetherEVM have confirmed they will airdrop 70% of their token supply, of which 40% (i.e. 34.16 million) will be reserved for $ATOM stakers.
Airdrop difficulty: The AetherEVM airdrop only requires participants to stake Cosmos $ATOM onto non-CEX validators. This is a very simple task but requires you to use real funds.
Token utility: The AetherEVM ($AETHER) token utility is unknown.
Token lockup: The AetherEVM ($AETHER) token lockup is unknown.