Author: Angela Wang

Metis is an Ethereum Layer 2 Rollup platform that aims to address the issues of transaction speed, cost, and scalability in the Ethereum network by providing simple and fast smart contract deployment. Metis has announced a points system airdrop for their community testing community. Metis just completed season 2 of its incentivized testnet and are now pivoting to mainnet. However, there are still more tasks to be done and points to be earned for the airdrop with their Layer 3 Quests. Here’s our Metis ($METIS) token airdrop guide.

Check out our Metis ($METIS) airdrop guide!

Video: Metis Airdrop Season 2 Testnet Guide

Metis Airdrop Season 1 Testnet Guide

What is Metis?

Metis is an Ethereum Layer 2 Rollup platform that aims to address the issues of transaction speed, cost, and scalability in the Ethereum network by providing simple and fast smart contract deployment. The platform offers several solutions to solve the big challenges faced by the Ethereum Mainnet, including multiple VMs and sequencers, DACs that can manage their organizations independently, separation of computing and storage, private native storage layer, and fast transactions at around 2,000 TPS with low gas fees.

Will there be a Metis airdrop?

Although Metis’ Season 1 airdrop is ongoing, it will end soon. Their Season 1 airdrop focuses on Community Testing, where anyone can contribute without any coding knowledge required! Metis Season 1 gets users to explore the decentralised applications (DApps) on the Sepolia testnet and earn points by completing tasks. Moreover, they have confirmed that they will be doing a Season 2 airdrop. However, no details have been announced for Season 2 yet.

How to do the Metis Layer 3 Quests for airdrops: Best route

How to get season 2 of the Metis token airdrop?

Here’s how to get Season 2 of the Metis token airdrop:

1. Connect to Metis at https://decentralize.metis.io/#szn2. Make sure you are on the Metis Sepolia network, not the mainnet. If you can’t find the network on your wallet, add the Metis Sepolia network details here.
2. Claim testnet $METIS and $ENKI tokens by clicking on “Faucet” on the top of the page. Select the type of token you want, enter your wallet address and click “Drip”. Claim both $METIS and $ENKI. However, note you can only claim once.
3. Spin the wheel on the main page. Select the number of spins you wish to buy for 0.5 $METIS each. Then click “Spin” to spin the wheel for rewards!
4. Connect to Enki protocol at https://testnet.enkixyz.com/home. You will earn 4,500 points by completing the next few tasks.
5. Submit $METIS to mint $eMETIS by clicking “Mint&Stake” at the top of the screen. Then, go to the “Mint” tab. Select the amount of $METIS you wish to submit. Then click “Approve” and “Mint&Stake”. Note you need to wait 7 days before your $eMETIS staking rewards will begin.
6. Stake $eMETIS to get $seMETIS by going to the “Stake” tab. Select the amount of $eMETIS you wish to stake. Then click “Stake”. You will earn $seMETIS.
7. Stake $ENKI tokens to vest $eMETIS rewards. On Enki, click “Mint&Stake” at the top of the screen. Then click the “Stake” tab and scroll down until you see the “Vest” section. Select the amount of $ENKI you wish to stake and click “Stake”. We suggest staking half your $ENKI tokens.

Season 2 of the Metis airdrop has ended on 18th February 2024. Depending on how many points you get, you may have a chance to get a share of the 6 million $METIS token airdrop. However, Metis has said you can increase your chances of getting more $METIS tokens by taking part in mainnet activities on Layer 3.

BONUS: Get more $METIS with Layer 3

Metis has said you can increase your chances of getting an airdrop by taking part in mainnet activities in Layer 3. Here’s how to increase your Metis airdrop with Layer 3:

1. Connect to https://layer3.xyz/ and create an account.
2. Complete the quests on https://layer3.xyz/quests

How to get season 1 of the Metis token airdrop?

Here’s our guide on how to get Season 1 of the Metis token airdrop:

• Connect to Metis: Connect your wallet to the Metis Sepolia testnet. Make sure you are on the Metis Sepolia network, not the mainnet. If you can’t find the network on your wallet, add the Metis Sepolia network details here.
• Claim testnet tokens: Click on “Claim Tokens” on the main page to visit the Metis testnet faucet and claim some tMetis testnet tokens. The process may take some time, so be patient.
• Swap and add liquidity on Netswap: Go to the Netswap dApp by clicking “Netswap” on the main page. Make sure your wallet is connected to the Metis Sepolia testnet network. Click “Trade” on the top bar and “Swap”. Then, swap a small amount of tMetis tokens for NETT tokens. We recommend swapping around 0.00005 tMetis. To add liquidity on Netswap, click “Trade” on the top bar and “Pool”. On the page, click “Create Pool”. Deposit as little tMetis and NETT tokens as possible.
• Enter the lottery on Midas: Visit the Midas DApp on the testnet. Ensure that your wallet is connected to the Metis Sepolia network. Buy a lottery ticket to earn points. Tickets cost 0.1 tMetis.
• Swap tokens, open a leveraged position and add TLP liquidity on Tethys: Connect to the Tethys dApp. Make sure your wallet is connected to the Metis Sepolia network. Complete three tasks: swap tokens, open a long or short position with leverage, and add TLP liquidity. To swap tokens, go to “Trade” and click “Swap” on the right hand side. Swap some tMetis for USDC. To open a long and short position with leverage, go to “Trade” and choose a long or short position. This may be a good way to get more tMetis tokens! To add TLP liquidity, click the “Liquidity” tab at the top and buy some TLP with tMetis. Then, click on “Staking” on the left hand side. Note that this function shows a blank page right now so check back later.
• Swap tokens and provide LP on Hummus: Access the Hummus Exchange dApp on the testnet. Connect your wallet to the Metis Sepolia network. Swap tokens from Metis to m.USDC. Then, to provide LP, click on “Pool” at the top of the screen. Deposit tokens into the pools.

Metis token 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: The Metis Season 2 airdrop is now live!

Airdropped token allocation: The Metis team has currently allocated 11.5% of the total $METIS token supply towards airdrops and has not yet airdropped 5.5%.

Airdrop difficulty: Metis uses the Sepolia testnet for all tasks, so no real funds are involved. However, the dApps are quite buggy and you may need to check back occasionally in order to complete tasks.

Token utility: The $METIS token facilitates transactions, incentivizes network participants, and powers governance mechanisms within the Metis ecosystem. 

Token lockup: The $METIS token lockup is unknown.

SatoshiVM ($SAVM) is a technology that allows Bitcoin to work with Ethereum’s EVM ecosystem. This means that Bitcoin can now create new assets and applications. SatoshiVM uses a decentralized Bitcoin ZK Rollup Layer2 that is compatible with the EVM ecosystem and uses native BTC as gas. There is a strong chance SatoshiVM will be doing an airdrop, and it will be completely FREE to participate as the tasks are all done on the Bitcoin testnet and Ethereum Sepolia testnet. Here’s our SatoshiVM ($SAVM) token airdrop guide.

Check out our SatoshiVM ($SAVM) token airdrop video guide!

What is SatoshiVM ($SAVM)?

SatoshiVM is a virtual machine that runs smart contracts on the Bitcoin network. A virtual machine is a program that acts like a computer inside another computer. A smart contract is a set of rules that can execute automatically without human intervention. The Bitcoin network is a system of computers that use a digital currency called Bitcoin.

Some of the main features of SatoshiVM are:

• Compatibility: It can run smart contracts written in different languages, such as Solidity, Rust, or C++.
• Security: It uses a technique called formal verification to check that the smart contracts are correct and do not have errors or bugs.
• Scalability: It can handle a large number of transactions per second, thanks to a technology called sharding that splits the workload among different nodes.
• Privacy: It can protect the identity and data of the users, using methods such as zero-knowledge proofs and encryption.

Will there be a SatoshiVM ($SAVM) token airdrop?

There are lots of rumours circulating Twitter that SatoshiVM will do a $SAVM token airdrop. SatoshiVM has recently launched their testnet and only the faucets and the bridges are live. The Swap feature is expected to launch soon. Therefore, we are very early, and it is worth positioning yourself now for this airdrop.

It is worth positioning yourself for the SatoshiVM because according to the leaked $SAVM tokenomics, the Fully Diluted Valuation of the $SAVM token is very low. And we have seen in other low FDV token launches that returns can be as high as 50x. So, this means that if the SatoshiVM token is launched, it will also likely result in huge returns.

How to get a potential SatoshiVM ($SAVM) token airdrop?

BONUS: SECRET strategies to maximise your SatoshiVM airdrop

Here are some SECRET strategies to maximise your SatoshiVM airdrop:

Deploying a smart contract (including tokens)

To increase your chances of getting the SAVAM airdrop, it’s important to deploy smart contracts on the SatoshiVM testnet. Note you will need a lot of testnet BTC to pay for gas fees (around 0.0010491 testnet BTC), so make sure you have plenty.

To deploy smart contracts on the SatoshiVM testnet, go to Thirdweb and under the “Contracts” section click “Deploy”. Then click “+Deploy contract”, then under the “Popular” section click on “Token” and then “Deploy now”. We suggest you read the “Technical Design Doc” as it will be very helpful. Follow the instructions provided, including inputting a name, a symbol for the contract and a description. We do not suggest you upload a file for the token logo as an error message will show up. Fill in your address as the primary sale recipient.

Afterwards, you will need to add the SatoshiVM network. To do this, under “Select Network” click “Add Custom Network” and copy and paste the SatoshiVM Testnet network details from the SatoshiVM docs. Remember to select “Testnet” as the Network type. Finally, click “Add Network”. Once you see SatoshiVM Testnet appear under “Network/Chain”, click “Deploy Now”.

Click on the “Contracts” tab on the top, find your contract and click on it. There will be an option for you to mint your tokens. Mint your tokens!

Interact with smart contracts on testnet

Go to https://testnet.svmscan.io/tokens and under “Tokens” find a token where it is not fully minted yet i.e. those with fewer holders than the max supply. Then, click into a token and look for those with a green check mark next to the word “Contract” i.e. “Contract✓“. Then click “Write contract” and find the “PublicMint” section. In that section, type in the amount you wish to mint and click “Write”. Approve the transaction in your Metamask wallet. Note you will need testnet BTC to pay for transaction fees, which could be a lot.

Also, clicking into any section under “Contract✓” and filling in details also counts towards the requirement of interacting with smart contracts.

Run a validator node on SatoshiVM

Running a validator node on SatoshiVM could further increase your chances of getting the airdrop. To run a validator node on SatoshiVM, go to https://wizard.openzeppelin.com/. Fill in the token name and symbol. Then under features click “Mintable” and click “Open in Remix” on the right hand corner. In the popup window, you an import additional code. This will include making a vendor smart contract or additional proxy smart contracts.

https://youtube.com/live/O70eXlo01UE

How to claim SatoshiVM ($SAVM) token airdrop?

On 19th January 2024, SatoshiVM ($SAVM) token launched on Uniswap with SAVM/WETH and SAVM/USDC trading pairs. SatoshiVM also launched on Ape Terminal at https://launch.apeterminal.io/project/satoshivm.

However, the team have announced there is currently no active $SAVM airdrop being claimable under any links. So be wary of any links claiming to be $SAVM airdrop claim links as those are likely scams.

This is the final Tweet in this thread 👇🏼

There is currently no active $SAVM airdrop being claimable under any link at this moment.

Double check every link you interact with, don't fall for scams!

— SatoshiVM (@satoshivm) January 16, 2024

SatoshiVM ($SAVM) 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: There is a lot of rumours surrounding a potential SatoshiVM airdrop. Considering how good airdrops are for a project’s exposure, we also think SatoshiVM is likely to do a token airdrop.

Airdropped token allocation: The SatoshiVM airdrop allocation is unknown.

Airdrop difficulty: The SatoshiVM airdrop only has the bridging function on testnet. So, tasks only involve accumulating testnet tokens for later use when more features are available, and to bridge tokens. Remember it is only testnet so you will not be using real funds! It can’t get any easier than this!

Token utility: The $SAVM token utility is unknown.

Token lockup: There is no information on the $SAVM token lockup yet.

Pyth Network ($PYTH) is the world’s largest first party decentralized oracle network that connects market data from the world’s largest professional traders and exchanges to any smart contract, anywhere. They also provide real-time price feeds for cryptocurrencies, equities, foreign exchange pairs, ETFs, and commodities to smart contract developers on more than 40 blockchains. Pyth Network has finished its airdrop a while ago. However, those who are staking $PYTH tokens can have access to potentially hundreds of airdrops in the Solana ecosystem. This could mean the potential to make thousands of dollars! Here is our guide to Pyth Network (PYTH) token staking for Solana airdrops.

Check out our video on $PYTH Staking for MULTIPLE Airdrops!

https://www.youtube.com/live/RhhZqN-Y8_M

What is Pyth Network ($PYTH)?

Pyth Network ($PYTH) is the world’s largest first-party decentralized oracle network that connects market data from the world’s largest professional traders and exchanges to any smart contract, anywhere. They offer real-time price feeds for cryptocurrencies, equities, foreign exchange pairs, ETFs, and commodities to smart contract developers on more than 40 blockchains. The network is designed to provide high-quality financial market data on blockchains to make it reliably accessible for on-chain applications. Here are some of the main features of Pyth Network:

• A data network for smart contracts: Pyth connects high-fidelity market data from the world’s largest professional traders and exchanges to any smart contract, anywhere.
• A source of reliable and low-latency data: Pyth delivers smarter data for your smart contracts by using institutional sources that have access to real-time and accurate market information.
• A platform for decentralized applications: Pyth enables developers to build dApps that leverage the power of nuclear fusion, such as decentralized finance, gaming, sports betting, and more.

What is the Pyth Network ($PYTH) token?

Pyth Network’s native token is called $PYTH. It is a financial oracle solution that provides real-time market data to various blockchain protocols. The network aggregates data from multiple first-party sources in order to ensure accuracy. According to Coingecko, the current price of PYTH is $0.3508 with a 24-hour trading volume of $85,774,807. Data providers and validators on the network are incentivized using the $PYTH token, which is also used to pay for transaction fees and governance.

Will I qualify for Solana ecosystem airdrops by staking Pyth Network ($PYTH) tokens?

Staking $PYTH tokens can potentially qualify you for multiple Solana ecosystem airdrops since Pyth Network is part of the Solana ecosystem, which is expected to have a series of airdrops. By staking $PYTH tokens onto the Pyth Network, you could become eligible to receive airdrops from various projects that are part of the Solana ecosystem. These airdrops can potentially result in receiving thousands of dollars’ worth of tokens from different projects. By staking $PYTH tokens, you can participate in the community and onboard new projects, which is viewed as a marketing tool and a way to bootstrap liquidity.

How to stake Pyth Network ($PYTH) token for multiple Solana airdrops?

Pyth Network ($PYTH) token staking 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: Pyth Network has finished its airdrop, but staking is to position yourself for other Solana ecosystem airdrops.

Airdropped token allocation: The airdropped token allocation would depend on the project doing the airdrop.

Airdrop difficulty: Positioning yourself for the airdrop only requires you to stake Pyth Network ($PYTH) tokens. This is very simple but does require real funds.

Token utility: The token utility would depend on the project doing the airdrop.

Token lockup: The token lockup period would depend on the project doing the airdrop.