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Nostra ($NOS) is a DeFi protocol on the StarkNet ecosystem allowing users to lend, borrow, and trade crypto on Starknet. In 2022, Nostra passed a governance proposal to airdrop part of their future $NOS token supply to Tempus token holders. So, there may be a chance of further aidrops in the future when Nostra launches? In any event, since Nostra is in the StarkNet ecosystem, positioning yourself for a potential Nostra airdrop may also make you eligible for any potential StarkNet airdrop! Here’s our guide on how to get a potential Nostra ($NOS) token airdrop.
Nostra is a DeFi solution that allows users to lend, borrow, and trade crypto on Starknet, a layer-2 solution that is fast, cheap, and secure. Nostra can be visualised in 3 main layers, the first is the Nostra Liquidity Layer, which has 4 core features- Lend, Borrow, Mint, and Trade. This is built on top of its Scalability Layer, i.e. StarkNet. Finally, StarkNet, as a layer-2 solution is built on Ethereum, which Nostra refers to as its Security Layer.
What is the Nostra $NOS token?
Tempus, the company behind Nostra, passed a governance proposal for $TEMP token holds to be eligible to receive Nostra $NOS tokens at a ratio of 1:0.6. This confirms Nostra will be launching its own token. However, further details such as its utility are unknown.
How to receive potential Nostra $NOS token airdrop?
Since Nostra is part of the StarkNet ecosystem, you may be eligible for a potential StarkNet airdrop if you position yourself for a Nostra airdrop! Here’s our guide on how to position yourself for a potential Nostra $NOS token airdorp.
Set up StarkNet wallet
Since Nostra is on the StarkNet ecosystem, you will need to use Argent wallet or any other Starknet wallet. To learn how to download and set up an Argent wallet, check out our guide here.
Buy/deposit USDT, USDC or DAI
You can buy USDT, USDC or DAI from any exchange and deposit it to your StarkNet wallet. Alternatively, you can swap the tokens in your StarkNet wallet to USDT, USDC or DAI. Then,
Deposit assets to Nostra to earn APY
Connect your wallet to https://app.nostra.finance/. Then, choose a pool to deposit some assets. You can choose between DAI, ETH, USDC, USDT and WBTC. Click on the market, select how much you wish to deposit and click “Deposit”. You can later withdraw assets by going back to the same market page and clicking the withdraw tab.
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: Nostra is part of the StarkNet ecosystem, who is currently planning out the distribution mechanism for the token, which means an airdrop could be likely.
Token Allocation: The $NOS token allocation is unknown.
Airdrop Difficulty: Only the lending feature is available on the platform, so positioning yourself for this airdrop is quite easy. In any case, it is good to follow this Nostra $NOS token airdrop guide since it could also position you for a potential StarkNet airdrop.
StarkNet is another major ZK-rollup player, and its mainnet is launching soon. StarkNet has just released its airdrop eligiblility critiera. In this article, we will explain StarkNet what you can do to receive its airdrop and the eligibility criteria to see if you can get their airdrop.
StarkNet is a permission-free, decentralized Validity-Rollup (or “ZK-Rollup”) that works as a secondary network on top of Ethereum. This allows any decentralized application to have unlimited computational capacity without sacrificing the security and compatibility of Ethereum. This is because StarkNet utilizes STARK, the most secure and scalable cryptographic proof system. The contracts and operating system of StarkNet are coded in Cairo, which enables the deployment and expansion of any kind of business logic. StarkNet’s alpha v0.11.0 has just gone live on Testnet. The mainnet upgrade to Starknet alpha v0.11.0 will be decided by a governance vote.
A Closer Look at ZK-STARK
ZK-STARK (Zero-Knowledge Succinct Transparent Argument of Knowledge) is a type of zero-knowledge proof system that guarantees the accuracy and confidentiality of computations on blockchain systems through innovative cryptographic proofs and advanced mathematics. They allow blockchains to move computations through a single off-chain STARK prover, and then confirm the validity of these computations through a STARK Verifier on the blockchain network.
Who is the Team behind StarkNet?
StarkNet is developed by StarkWare Industries, an Israeli software company that specializes in cryptography. The company employs 70 people and has a large team of blockchain engineers. They also work with some of the top advisors in the blockchain industry including Joseph Lubin, the CEO and founder of ConsenSys, the company behind MetaMask.
In May 2022, StarkWare successfully raised $100 million in a Series D funding round led by Greenoaks Capital and Coatue. That puts the company’s estimated value at $8 billion.
Leading DApps on StarkNet Ecosystem
A variety of teams and individuals are taking part in building StarkNet and its developer tools. Some of the notable ones include Alchemy, Argent, Infura, Ledger, and OpenZeppelin. Moreover, there are hundreds of DApps, services, and wallets building on the StarkNet ecosystem.
Yes, StarkNet has deployed their token on the Ethereum Mainnet, with its ticker symbol as STRK. However, the tokens are not up for sale yet, as the Foundation is still determining the mechanism for distributing them. This also involves incentive mechanisms for the community, which means a potential incoming airdrop.
When Will StarkNet Do a Potential Token Airdrop?
Rumours are that StarkNet will do a token airdrop in early 2024. This is because other protocols in the StarkNet ecosystem such as Nostra ($NOS) and Ekubo have also confirmed they will launch a token. And it is expected that these protocols will launch their own tokens soon after StarkNet does.
How to Receive Potential StarkNet Token Airdrop?
The best chance to receive $STRK airdrop is to interact with their testnet. Moreover, some protocols on StarkNet also do not have a token yet. Using their DApps could put you in a position to receive their airdrops as well, allowing you to earn additional rewards!
Here’s how to receive a potential StarkNet ($STRK) token airdrop:
Set Up and Use Argent X Wallet
Bridge to StarkNet
Interact with 10KSwap
Interact with zkLend
Bridge out of StarkNet
Mint an NFT on MintSquare
Mint a Starknet ID
Set Up and Use Argent X Wallet
MetaMask does not currently support the Alpha Mainnet, so it is unable to integrate with the StarkNet Layer 2 network. The only option for using StarkNet is through the Argent X wallet. Argent X is the first wallet on StarkNet and is widely used as the main ecosystem wallet with over 400,000 users and is backed by leading investors such as Paragim, Index Ventures, and StarkWare Labs. You can install the browser extension for Argent X at Google Chrome or Mozilla Firefox. Then, create an account on Mainnet. Afterward, you can send and receive funds, discover new NFTs, and swap using Argent X.
To be included in the snapshot, it is important to bridge funds to the StarkNet network. To do this, we recommend using Orbiter Finance. This is usually the cheapest and fastest option. It may also make you eligible for any potential Orbiter Finance airdrop.
You can also use StarkGate which is the official bridge built and deployed by the StarkWare team. Connect your wallet and send ETH tokens from mainnet to StarkNet. Minimal amounts should suffice as long as you frequently use the bridge.
10KSwap is an AMM DEX that is a fork of UniSwap deployed on the StarkNet mainnet. To be included in the snapshot, it is recommended to swap tokens frequently and provide liquidity to pools. This gives you a good chance of being eligible for the airdrop.
zkLend is a money market that is native to the StarkNet ecosystem. To be eligible for the airdrop, you can try depositing and lending money to earn yields, which is similar to traditional DeFi applications such as AAVE or Compound. Additionally, zkLend is also doing their own airdrop soon. Check out our zkLend Airdrop Guide for more information.
You can also use another bridge to withdraw funds from StarkNet such as Orbiter Finance. This approach of utilizing two bridging platforms acts as a safety measure in the event that the airdrop covers one of them. Additionally, there’s a possibility of receiving a higher multiplier for the StarkNet airdrop by using both bridges.
MintSquare is an NFT platform integrated with both zkSync and StarkNet You can mint an NFT by uploading the supported media of any picture you want. Don’t forget to switch the network to StarkNet, not zkSync. Give it a name, some attributes, and click mint. Voilà! You have yourself a newly minted NFT on StarkNet.
Connect your Argent X wallet to https://app.starknet.id/. Choose your username and enter the details to mint your Starknet ID. Note each Starknet ID costs 0.009 ETH per year.
Deposit assets to Nostra
Nostra ($NOS) is a DeFi protocol on the StarkNet ecosystem that allows users to lend, borrow, and trade crypto. Nostra is at a relatively early development stage and only their lending feature is available. So, it is worth trying out this feature and following them to try other features as they are released.
StarkNet token airdrop eligibility criteria: Am I eligible?
StarkNet has just released their token airdrop eligibility criteria! To see if you are eligible, simply connect your wallet HERE.
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 StarkNet Foundation is currently planning out the distribution mechanism for the token, which means an airdrop is likely.
Token Allocation: The STRK token has a total supply of 10 billion, 17% of which goes to investors, 32.9% goes to core contributors, and 50.1% to the StarkNet Foundation.
Airdrop Difficulty: The mainnet is launching soon, which means the snapshot window is closing. But there are rumors that a second snapshot will take place after the mainnet launch, so it is recommended to use the most out of the mainnet.
Token Utility: The STRK token has three main utilities: (1) staking to participate in StarkNet’s consensus mechanisms, (2) governance and voting, and (3) paying transaction fees.
Token Lockup: Tokens allocated to shareholders, employees, and independent software developers will have a 4 year lockup period.
Arbitrum will airdrop over 1 billion $ARB tokens to its protocol users on March 23, 2023. The snapshot was taken in February, and at least three criteria must be met to qualify for the airdrop. Find out if you’re eligible and how to claim your Arbitrum token airdrop below.
Arbitrum is a layer-2 scaling solution designed to lower network congestion and transaction costs of Ethereum by offloading tons of computation and data storage from the main chain. It does this via the use of optimistic rollup — transactions on Ethereum are bundled up and transferred to a proprietary sidechain on Arbitrum (a secondary blockchain connected to the main chain). The transactions are then processed and sent back to the main chain after validation.
The optimistic rollup is the core element of Arbitrum. For those who do not know what an optimistic rollup is, we got you covered with a simple explanation.
Optimistic rollups assume all transactions as valid, hence an “optimistic” outlook. There is a time period during which users can dispute any suspicious transactions contained in a bundle. If a fraudulent transaction is detected, a fraud proof is executed which basically runs the correct transaction computation using the data on the main chain.
Since optimistic rollups do not perform any computation by default, it offers massive improvements in scalability. On the downside, potential fraud challenges of optimistic rollups could lead to delays in transactions, since progress comes to a halt until it the dispute is resolved.
Arbitrum’s Version of Optimistic Rollup
To provide context, optimistic rollups are compatible with the Ethereum Virtual Machine (EVM) and Solidity, which allow developers to port Ethereum-native smart contracts to rollups or even use existing tooling to create new decentralized applications (DApp). But for Arbitrum, it has its own virtual machine called Arbitrum Virtual Machine (AVM).
Arbitrum’s AVM greatly improves optimistic rollups because it stores very little data on-chain for optimal scalability. Moreover, to address potential delays due to fraud challenges, the AVM uses pipelining to process multiple disputes, while verification nodes help speed up the process.
This is called multi-round fraud proofs. Arbitrum uses a fine-combing approach to verify fraud proofs. It focuses on a particular point of disagreement over transaction history. Additionally, layer-2 transactions are not entirely executed on the main chain, rendering gas block limits irrelevant. As a result, this translates to higher network performance.
Who is the Team behind Arbitrum?
Arbitrum is developed by Offchain Labs, a New York-based startup committed to building innovative Ethereum scaling solutions. The company originated from the computer science research department of Princeton University, co-founded in 2018 by Harry Kalodner, Steven Goldfeder, and Ed Felten.
Arbitrum’s layer-2 network allows developers to build and deploy highly scalable smart contracts at low cost, while benefitting from Ethereum’s robust layer-one security. Since its launch last year, the Arbitrum ecosystem has greatly expanded, ranking 6th in all chains total value locked with 129 integrated protocols.
Some of the top decentralized finance (DeFi) protocols include Uniswap, Curve, Aave, Balancer, and SushiSwap. Additionally, Arbitrum is not without its native protocols built on the blockchain which include GMX, Radiant, Dopex, and Vesta Finance.
$ARB Token
$ARB will solely function as a governance tool for the Arbitrum protocol, unlike ETH which is used to pay fees on both Ethereum and Arbitrum. The governance process of Arbitrum DAO will be autonomous, allowing votes to directly modify the core code of Arbitrum.
The total supply will be 10 billion, with the Arbitrum community controlling 56%. The airdrop will distribute 12.75% (i.e. 1.275 billion $ARB) to eligible users on 23rd March 2023. The rest of the community tokens will be allocated to a treasury governed by the Arbitrum DAO, allowing ARB holders to vote on fund disbursement.
The remaining 44% will be given to Offchain Labs’ investors and employees, who developed Arbitrum. These tokens will be subject to lock-up periods and vesting schedules. Notably, the proportion of ARB reserved for insiders is higher compared to similar projects, such as Optimism, which allocated 36% of its OP tokens to investors and core contributors.
$ARB Airdrop Eligibility: How to claim Arbitrum $ARB token airdrop
According to Nansen, 625,143 wallet addresses are eligible for the Arbiturm $ARB token airdrop. You can check on arbitrum.foundation to see if you are eligible. If you are eligible, Arbitrum will directly airdrop to your wallet on 23rd March 2023. There are 6 airdrop criteria, and at least 3 must be met based on a snapshot taken on 6th February 2023 in order to qualify for the airdrop:
Bridge to Arbitrum
Bridged assets into Arbitrum One or Arbitrum Nova.
Transactions Over Time
Conduct transactions at least 2 months prior to the snapshot taken in February. The longer the timeframe, the more tokens you will receive.
Transaction Frequency and Interaction
Conduct more than 4 transactions or interact with more than 4 smart contracts. The higher the number, the more tokens you will receive.
Transaction Value
Conduct transactions with more than $10,000 in aggregate value. The higher the value, the more tokens you will receive.
Assets Bridged to Arbitrum One
Deposit more than $10,000 worth of assets to Arbitrum One. The more assets you deposit, the more tokens you will receive.
Activity on Arbitrum Nova
Conduct more than 3 transactions on Arbitrum Nova. The more transactions are carried out, the more tokens you will receive.
How to claim Arbitrum ($ARB) token faster?
Arbitrum has confirmed its airdrop can be claimed on 23rd March 2023 when the Ethereum chain reaches block 16890400. It is very likely that the Arbitrum network will be very congested during that time as users are anxiously waiting to get their tokens to potentially trade on exchanges. However, there are ways to be faster at the Arbitrum airdrop claim, and how to buy, sell or trade your $ARB before anyone else. Note however this carries risks. You may risk ending up being slower than others, lose your gas fees and even your $ARB, so proceed with caution. Here’s how you can potentially claim your $ARB tokens faster and buy, sell, or trade your $ARB before others:
Make your own RPC endpoint on Alchemy.
Pre-approve the token contract.
Have sufficient ETH ready.
Know where to trade $ARB.
Make your own RPC endpoint on Alchemy
Here’s how to make your own RPC endpoint on Alchemy:
Create an app for Arbitrum. Make sure you select “Arbitrum” under “Chain”.
Click “View Key” on the main page. There, you will get an RPC https URL.
Add a network on MetaMask. Go to “Settings”, “Networks”, “Add network” and “Add network manually”. Under “New RPC URL”, enter the RPC https URL from Alchemy. Then under “Chain ID” enter 42161, “ETH” as the Currency Symbol, and “https://arbiscan.io” under Block Explorer.
Pre-approve the token contract
To be even faster than everyone else in claiming $ARB, you can pre-approve the Arbitrum token contract on protocols such as 1inch and Uniswap. To do this, go to the $ARB smart contract and click “Write as Proxy”. Then, connect your wallet. Under spender, fill in the address for either Uniswap or 1inch. Finally, fill in the number of $ARB you want to trade with that smart contract. For example, filling in 20000000000000000000000 will mean you are approving 20,000 $ARB to be traded.
Have sufficient ETH ready
This is to pay for gas fees when trading $ARB. Note you will have to bridge your ETH to Arbitrum.
Know where to trade $ARB
These exchanges have confirmed they will offer trading for $ARB:
Will there be another Arbitrum $ARB token airdrop?
Arbitrum’s latest Tweet announces a return of the Arbitrum Odessey. The Arbitrum Odessey was a 7 week journey filled with tasks to complete in order to obtain badges. These badges are NFTs which may lead to future rewards.
The upcoming round of Arbitrum Odyssey will begin on 26th September at 12:00pm EDT.
Arbitrum Odyssey: How to guide
The Arbitrum Odyssey is a new round of activites involving the Arbitrum ecosystem and a chance to collect custom badges starting on 26th September at 12:00pm EDT. There is speculation that participating in this 7-week journey may result in a potential airdrop as a reward. Here’s our ultimate how to guide to completing the tasks on the Arbitrum Odyssey.
Week 1- Enter the Odyssey
Go to the Arbitrum Galxe Page and complete any of the following tasks in their list. Then, mint your Enter The Odyssey NFT.
Week 2- Signs of Life
Here’s our how to guide for completing the tasks on week 2 of the Abritrum Odyssey
Complete tasks on Tofu NFT Galxe page. This includes following their Twitter and selling/buying an NFT on their platform.
To sell/buy an NFT on Tofu NFT, go to https://tofunft.com/arbi and connect your wallet. Scroll down to “Discover” and apply the following search filters: Type- Fixed price, Sort- Price: Low to High. Buy the cheapest NFT or list some NFTs for sale.
Mint your Signs of Life NFT.
Complete Pulsar in the Distance task on Galxe. Connect your wallet to Abroad Exchange. Deposit funds by clicking on the top right-hand corner and “Deposit”. Then, make a perpetual trade on Abroad Exchange. Be careful when trading because you may be at risk of liquidation, and you will be using real funds! Mint your Pulsar in the Distance NFT.
Week 3- Pulsar in the Distance
Here’s our how to guide for completing the tasks on week 3 of the Abritrum Odyssey
Go to Abroad Exchange and deposit funds on the exchange. Then, make a perpetual trade. Note that you will be using actual funds for this. Finally, return to their Galxe page and mint your NFT.
Arbitrum 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: Arbitrum will airdrop $ARB to eligible users on 23rd March 2023.
Airdropped Token Allocation: 1.275 billion $ARB (12.75% of the total token supply) will be distributed in this airdrop.
Airdrop Difficulty: The criteria listed are fairly easy to complete.
Token Utility: The token will solely function as a governance tool for the Arbitrum protocol.
Token Lockup: 44% of the tokens allocated to the team and investors are subject to a 4-year lockup.
Frequently Asked Questions (FAQs)
What is Arbitrum?
Arbitrum is a layer-2 scaling solution. It aims to reduce Ethereum’s network congestion and transaction costs. Arbitrum does this by offloading computation and data storage from the main chain.
When is the Arbitrum token launch?
The Arbitrum token was launched on 23rd March 2023.
How do I claim Arbitrum ($ARB) tokens?
Arbitrum will airdrop $ARB tokens directly to your eligible wallet address via MetaMask, Trust Wallet, Coinbase Wallet, Brave or Ledger.
How to be eligible for the Arbitrum ($ARB) airdrop?
There are 6 airdrop criteria, and you must meet at least 3 to qualify for the airdrop: (1) bridged to Arbitrum One or Arbitrum Nova, (2) conduct transactions at least two months before the snapshot in February, (3) conduct at least 4 transactions or interact with at least 4 smart contracts, (4) conduct transactions with at least $10,000 in aggregate value, (5) deposit at least $10,000 on Arbitrum One, (6) conduct at least 3 transactions on Arbitrum Nova.
How do I check if I am eligible for the Arbitrum ($ARB) airdrop?
To check your eligibility, go to arbitrum.foundation and connect your wallet. Then click “Check eligibility”.
When can I claim the Arbitrum $ARB token airdrop?
the $ARB token airdrop can be claimed on 23rd March 2023 when the Ethereum chain reaches block 16890400
What is the fastest way to claim the Arbitrum $ARB token airdrop?
Here’s how you can potentially claim your $ARB tokens faster and buy, sell, or trade your $ARB before others: 1. Make your own RPC endpoint on Alchemy. 2. Pre-approve the contract. 3. Have sufficient ETH ready. 4. Know where to trade $ARB.
Note however this carries risks. You may risk ending up being slower than others, lose your gas fees and even your $ARB, so proceed with caution.
Where can I buy Arbitrum token?
You can buy, sell or trade the Arbitrum token on following cryptocurrency exchanges: ByBit (Sign up here!), Binance, Bitfinex, Kucoin, OKX, Bitmart, Bitfinex, Huobi, Bitget, Bitrue, Gate.io, MEXC.
What is the Arbitrum token price?
As of 24th March 2023, Arbitrum token price is US$1.40. Its all-time high price was US$8.67, and an all-time low of US$1.11.
What is the Arbitrum token contract?
The Arbitrum token contract is: 0x912ce59144191c1204e64559fe8253a0e49e6548
Bungee is a tool powered by Socket that helps people find the best way to move a digital token from one blockchain to another. Bungee looks at different ways to move the token through different exchanges and bridges and takes into account any trades that need to be made before or after moving the token. Both Bungee and Socket do not have a token yet, but Bungee has recently gone live on zkSync Era. This means that interacting with Bungee may make you eligible for a potential zkSync airdrop. And by selecting certain routes, you may also be eligible for potential Stargate and LayerZero airdrops too! Here’s our guide on how to get FIVE TOKEN AIRDROPS IN ONE with Bungee, Socket, zkSync, Stargate and LayerZero!
Bungee is a bridge aggregator that is powered by Socket. It helps users find the best way to bridge Token X on Chain A to Token Y on Chain B. Bungee finds multiple routes for bridging through supported DEXes (Decentralized Exchanges) and bridges while taking into account any necessary swaps before or after bridging.
Both Bungee and Socket do not have a token yet. However, Bungee has recently gone live on zkSync Era. zkSync is getting many new users and attention due to their potential airdrop. A similar bridging protocol on zkSync, Orbiter Finance, announced they will be launching a token. As a result, people are flocking onto Orbiter Finance and using their protocol in the hopes that there will be a token airdrop. So there may be a chance that Bungee and/or Socket may also do an airdrop to get more users.
How to receive a potential Bungee token airdrop?
The best method of receiving a potential Bungee airdrop is to interact with their protocol. Note however that Bungee is live on zkSync Era Mainnet, so you will be using real funds. Here’s how to receive a potential Bungee token airdrop:
Connect your wallet to Bungee
Connect your wallet to https://www.bungee.exchange/ Using Bungee automatically positions you for a potential Socket airdrop because Bungee is built by Socket.
Bridge tokens
Bridge tokens from any chain (e.g. Ethereum, Arbitrum etc) to zkSync Era to get a potential zkSync airdrop too!
Check your gas settings
You can also check out their Gas refuel option which allows you to deposit native tokens (gas) on the source chain and receive equivalent gas on the destination chain.
BONUS: Get Stargate and LayerZero airdrops too!
You can choose the Stargate route to also position yourself for potential Stargate and LayerZero airdrops! This is because Stargate is the first ever dApp built on LayerZero.
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 no confirmation of a token launch or airdrop by Bungee or Socket. But Bungee has recently gone live on zkSync Era. Meanwhile, a similar protocol on zkSync, Orbiter Finance, announced they will be launching a token. Because of this, people are flocking onto the protocol in the hopes that there will be a token airdrop. So there may be a chance that Bungee and/or Socket may also do an airdrop to get more users.
Airdropped Token Allocation: Since there is no token yet, tokenomics data are not available.
Airdrop Difficulty: If there is a potential airdrop, the steps to be eligible is fairly easy. All you have to do is connect your wallet on their platform and bridge assets to another chain. It is recommended to do this frequently, but be cautious of transaction fees.
Token Utility: Since there is no token yet, token metrics are not available.
Token Lockup: Since there is no token yet, tokenomics data are not available.
Tevaera ($TEVA) is a Gaming Ecosystem on zkSync unlocking the next era of on-chain games. The ecosystem includes Teva Core, Teva Chain, Teva Dex and Teva Market. Tevaera will be launching its $TEVA token soon, and with zkSync being one of the most anticipated airdrops, it is likely that Tevaera may also do an airdrop in the future. It also means that participating in the Tevaera airdrop may increase your chances of getting a zkSync airdrop! Here’s our step-by-step guide on how to position yourself for a potential Tevaera $TEVA token airdrop.
Tevaera is an innovative Gaming Ecosystem on zkSync focused on unlocking the next era of on-chain games. The team building Tevaera, Tevaera Labs, is on a mission to unlock the next era of on-chain games. The ecosystem is made up of Teva Core, Teva Chain, Teva Dex and Teva Market.
Does Tevaera have a token?
According to Tevaera’s roadmap, they will have a $TEVA token which will be launched in phase 3 of development. However, there is no official launch date yet. The team have also not confirmed what the $TEVA token utility will be yet, but have stated that a litepaper will be published soon.
Is there a Tevaera ($TEVA) token airdrop?
The Tevaera team have not announced any airdrop yet. However, in May 2023, they did a Premium Phoenix NFTs airdrop of 5,000 NFTs to supporters. These NFTs are an in-game character in Teva’s games, and can help players increase their rep score and comes with tradable accessories. Hence, with the success of the recent NFT airdrop, there is a good chance that Tevaera will also do a $TEVA token airdrop.
How to receive potential Tevaera ($TEVA) token airdrop?
Tevaera has not announced any airdrop yet. But, there could still be some ways which you can start positioning yourself to receive a potential Tevaera ($TEVA) token airdrop. Most importantly, it is free to complete these tasks and it may also make you eligible for a zkSync airdrop! Here’s a step-by-step guide.
Time needed: 25 minutes
Set up your citizen ID
Connect your web 3 wallet (MetaMask, OKX or Argent) to Tevaera and make sure you are on the zkSync Era Mainnet network. Mint your citizen ID. Note that you will need at least 0.00015 ETH on zkSync 1.0 Mainnet to be able to claim your citizen ID. Then, mint a guardian NFT which will serve as your in-game character.
Connect your citizen ID to Discord
Click the button on the top right hand corner and link your citizen ID to Discord. Join Tevaera’s Discord server.
Play games to earn Karma points
Tevaera’s Teva Run game is now live. Teva Run has players racing against other Guardians in a naturistic and multiplayer setting. Playing Teva Run gives you Karma Points which can be redeemed to $TEVA after the token launch i.e. more tokens!
Complete tasks on Tevaera’s Questboard
Go to Tevaera’s Questboard and complete the tasks to earn XP points. Tasks include social tasks such as following their social media accounts, inviting new members and other engagement tasks.
Mint ONFTs
Tevaera ONFTs or “On-Chain Non-Fungible Tokens” are a type of NFT that can be discovered, traded, and bridged. These ONFTs can be used in Teva Run, Rep Score and L2 Bridging. Mint Tevaera ONFTs by going onto your portfolio and clicking “Mint ONFT bundle” to get 4 new Guardians ONFTs.
Bridge ONFT
Go to your ONFTs in your Portfolio. Select your ONFT and click “Bridge” to bridge the ONFT from zkSync Era to Arbitrum network.
Optional: add KP (Karma Points) to your web3 vault
Note that 1KP is around 0.021 USD.
Tevaera 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 no official announcement for a Tevaera $TEVA token airdrop. However, an airdrop is extremely likely given the hype surrounding a potential zkSync airdrop.
Airdropped Token Allocation: The tokenomics of their $TEVA token are unknown.
Airdrop Difficulty: The project has not yet released details about any airdrops. However, playing their games and completing their Questboard tasks may give you a chance to get airdrops. It may also make you eligible for a zkSync airdrop!
Token Utility: The $TEVA token utility is unknown.
Token Lockup: The $TEVA token lockup period is unknown.
Li.Fi is a bridge aggregator which can also connect with decentralized exchanges (DEXs). Their main feature is a widget that provides plug ‘n’ play cross-chain support. Li.Fi also hasn’t released a token yet, but it is highly speculated they will do so. And this may mean the possibility of a potential Li.Fi token airdrop. In this article, we provide the ultimate guide on how you can best position yourself for a potential Li.Fi token airdrop.
Li.Fi is a bridge and DEX aggregator. It can route any cryptoasset on any chain to the desired asset on the desired chain. For example, if you have USDT on the Ethereum network and you want USDC on Avalanche, you an use Li.Fi as a bridge. The Li.Fi Widget is a set of pre-built UI components that can help developers integrate a secure cross-chain bridging and swapping experience into their web apps. It allows users to preview the swap route before connecting their wallet, view swaps in progress and swap history, and manage their wallets with custom theming and dark mode support.
Li.Fi was founded by Philipp Zentner and Max Klenk. Investors include Coinbase Ventures, Rocktree Capital, AngelDAO, Dragonfly Capital, among others. They recently raised US$5.5mil in their strategic ecosystem round, which was led by 1kx Network.
Does Li.Fi have a token?
Li.Fi has a token called Lizard ($LZRD), but little is known about it yet. Currently, they have only deployed the token on Github, and it is not listed anywhere. With an additional US$17.5 million being raised in Series A funding, Li.Fi now has notable investors such as Coinbase Ventures, Superscrypt, and CoinFund. So it is likely that Li.Fi would do a token airdrop in order to draw more users. Especially since there are many who consider Li.Fi a very useful protocol.
How to receive a potential Li.Fi token airdrop?
Li.Fi has deployed their Lizard $LZRD token on Github, but there is no airdrop announcement yet. This means a snapshot should not have been taken yet to determine who would be eligible for a potential airdrop. So it is not too late to get started. The consensus amongst speculators seems to be that a potential airdrop would be given based on the volume bridged. Here’s how to get a potential Li.Fi token airdrop:
Select which chain and token you wish to swap. It is recommended to swap ETH from Arbitrum to Optimism networks. Note this may make you eligible for those networks if they are doing a potential airdrop too!
You will be given some options for how to do the swap. Choose your preferred method and click “Start swap”.
To maximise your potential airdrop, it is recommended to swap between L2 blockchains. L2 blockchains include Optimism, Arbitrum, Avalanche, BNB Chain, Polygon, Gnosis Chain, and Fantom. Also, to choose ETH as the cryptocurrency to swap. This is because the fees and slippage will be lower.
Li.Fi also has tasks you can complete on their MyGateway. You will need to connect your wallet to MyGateway and be on the Ethereum network before completing the tasks. There are a total of 8 tasks which include reading their articles, completing their quizzes, and social tasks. You can find the answers to Li.Fi’s MyGateway quiz in our FAQ section here.
Then, go to Li.Fi’s Discord and find their Ze Code (btw this Li.Fi’s Ze Code: 42637153916471630) to mint their NFT. You will need to be on the Polygon network and have MATIC to pay for gas fees.
Li.Fi 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: Unknown, but their Lizard $LZRD token has been deployed on Github.
Airdropped Token Allocation: No information is available on the Li.Fi airdrop token allocation.
Airdrop Difficulty: Preparing for this airdrop only requires swapping assets between blockchains. This is very simple and in fact, many may even need to do this as part of trading cryptocurrencies.
Token Utility: The Li.Fi token utility is unknown.
Token Lockup: No information is available on the Li.Fi token lockup.
Frequently Asked Questions (FAQs)
Does Li.Fi have a token?
Li.Fi has a token called Lizard ($LZRD), but little is known about it yet. Currently, they have only deployed the token on Github, and it is not listed on any exchanges.
How much has Li.Fi raised in funding?
Li.Fi has so far raised US$23 million in 2 funding rounds.
What are the answers to Li.Fi’s MyGateway quiz?
1. True 2. 96.06% 3. 59% 4. False 5. False 6. 6% 7. False 8. Ethereum and Bitcoin 9. BNB Chain and Polygon 10. EVM compatibility 11. False 12. Ethereum Virtual Machine 13. All of the above 14. $29.17B 15. False 16. True 17. Non of the above 18. BNB Chain 19. Polygon 20. Polygon 21. Avalanche 22. True 23. Arbitrum 24. True 25. True 26. False 27. True 28. True 29. 56 30. Solana 31. True 32. All of the above 33. True
Friend.tech is a decentralized social media platform on Base that allows users to tokenize their social networks. Users can buy “Keys” of other users on the platform, which gives them the right to communicate with them directly. Meanwhile, it allows creators to build a community and monetize their influence, while offering access to exclusive conversations with the creator in chat rooms for shareholders. Here’s our secret strategy guide on how to get maximum Friend.tech points.
Check out our other SocialFi platform strategy guides:
Friend.tech is a social media app that allows creators to connect with their audience in a unique way. It is built on a decentralized network called Base and leverages blockchain technology and cryptocurrencies.
The app converts users’ influence into tokens, which are known as keys. You can purchase these keys to gain access to exclusive private chat rooms and other benefits. The price of these keys is determined by supply and demand conditions. Meanwhile, creators have the freedom to experiment with ways to enhance their influence and attract new shareholders.
In essence, Friend.tech enables creators to build a community and monetize their influence. For the audience, it offers access to their favorite creators where shareholders enjoy privileges such as exclusive conversations with the creator in chat rooms.
How does Friend.tech work?
Users can buy others’ Keys for ETH. Holding someone else’s key lets you unlock private chatrooms with them which is very useful if you want to connect with them. The overall purpose of this is in the hopes that holding more keys will make them eligible for a bigger potential airdrop. Whilst some others might buy Keys and resell them later for profit, and earn transaction fees in the meantime.
Friend.tech will calculate your total chat activity; trading volume and fees earned every week. Then, every Friday they will airdrop reward points to users. These reward points are promised to have a special purpose when the Friend.tech app enters official release status. Read below for our guide on how you can potentially get maximum Friend.tech points!
Will there be a Friend.tech token airdrop?
Friend.tech will be doing an airdrop every Friday where they will airdrop points to users based on their chat activities, trading volume and earned transaction fees. According to Friend.tech, these points will have future uses on their platform when it is officially released. But details of its exact uses are unknown.
How to use Friend.tech?
Here’s how to set up, use and start earning Friend.tech points.
You will need an invite code to start using Friend.tech. Here’s some invite codes you can use: ft-r2oaxg8x ft-t6z7vq10 ft-0hijo50f
Link Twitter account
Follow the steps to link your Twitter account.
Deposit ETH
Deposit some ETH on Base so that you can buy and sell your friends’ keys. Friend.tech recommends you have at least 0.01 ETH (approx US$20). Remember to use Base network to transfer your funds!
Find and buy/sell users keys
Click on “Explore” on the left hand side. There you can see other users and how much their Keys cost. To buy a Key, click on their username, and “Buy” on the top right hand corner. You can also sell your Key on the same page
How are Friend.tech points calculated?
Friend.tech points are calculated based on a combination of your chat activities, trading volume and earned transaction fees. How the points are calculated exactly is unknown.
This is quite different from other SocialFi platforms such as Post.tech or Tipcoin where the points calculation mechanism is very transparent.
How to get maximum Friend.tech points: Strategy guide
Here our guide to some strategies to get maximum Friend.tech points:
Join the (3,3) (fren,fren) (bro,bro) circles: You can find some users will have (3,3), (fren,fren) or (bro,bro) at the end of their user name. This means they promise to hold your keys if you do the same for them. Buy their Keys and you might be able to benefit together!
Use tools such as https://frentech.octav.fi/ to see other users’ statistics. For example, total spent/sales, which is an indicator of activity on the platform. This information is useful because you would want to buy keys from users that are active. Another important statistic is their (fren,fren) score, this is because a high (fren, fren) score could be a good indicator that they will honour their promise of holding your Key if you hold theirs.
Know when to sell others’ Keys: Prices of Keys fluctuate, and one factor that determines its prices is the Friend.tech platform’s popularity. If Friend.tech becomes less popular with users, then Key prices will drop. When that happens, you do not want to be holding a lot of Keys which are worth less than what you paid for. Users should also be aware of people who break their promise to hold Keys for others. This is because all buying/selling activities can be tracked, and if a person starts selling Keys, it may cause others to also sell. This will create a waterfall effect of everyone selling each other’s Keys, which will decrease its value.
Where can I trade Friend.tech points?
Friend.tech does not have a token yet, nor can you trade Friend.tech points per se. However, Hyperliquid has a FRIEND-USD index which is available for trading. The FRIEND-USD index is based on the median price of a static set of 20 top subjects. Hyperliquid however does warn potential traders that the FRIEND-USD index is similar to a basket of illiquid spot assets, and so it shares many of the risks associated with perps on illiquid spot assets.
Conclusion
Friend.tech is the original SocialFi platform, paving the way for others such as Post.tech and Tipcoin. However, this does not mean that Friend.tech has lost its popularity. In fact, according to DeFi Llama, Friend.tech has a TVL of nearly US$48 million and over 12,700 active addresses in the past 24 hours. So Friend.tech is likely to be here to stay, considering trading activities on the platform amounts to 20% of Base network’s transaction fees. With this Friend.tech guide and our strategies, you can earn maximum points! Good luck and support us by following us on Twitter!
Post.tech is a next generation Web3 social network built on Arbitrum. Post.tech allows you to earn points and tokens simply by using and posting on Post.tech or Twitter (X). Here’s our secret strategy guide on how to get maximum Post.tech points and $POST tokens!
Interacting with other users will give you MAXIMUM points and $POST, so follow us on Twitter so we can $POST you too!
Check out our other SocialFi platform strategy guides:
Post.Tech is a social media platform that operates similarly to its predecessor, Friend.Tech. It offers token-gated channels where users can buy and sell access tokens. Post.tech charges a 10% fee on transactions, which is split evenly between the app and the channel’s owner. The Post.Tech platform has been gaining huge popularity recently, and on 20th September 2023 recorded $875,000 in transaction volume and trading volume exceeding $1.81 million in 24 hours.
How does Post.tech work?
Posting or engaging on either the Post.tech or Twitter (X) platforms gives you rewards. On Post.tech, users will need to create posts and engage with the community. Meanwhile, on Twitter (X), users will need to create tweets or reply mentioning @PostTechSoFi and $post in order to earn points. At the end of each epoch (i.e. week), Post.tech will calculate the number of points earned which can be redeemed for Post.tech’s tokens after the airdrop campaign ends. Users will be able to claim their tokens then.
Will there be a Post.tech $POST token airdrop?
Post.tech have confirmed on their website they will be doing an a $POST token airdrop. To get a Post-tech airdrop, all you need to do is post and engage with the community on Post.tech or Twitter (X).
How to use Post.tech?
Here’s how to set up, use and start earning Post.tech $POST points and tokens.
Posts and engagement on both Twitter (X) and Post.tech give you points, with the latter platform giving you more points. But remember, if you post on Twitter (X), you need to mention @PostTechSoFi and $POST in order to earn points.
Buy and sell profiles
To buy and sell profiles, you will need to deposit at least 0.001 ETH. The advantages of doing this are that you will earn 5% in trading fees when your profile’s shares a traded. You will also increase your reputation on the Post.tech platform, which can lead to extra rewards. You can see the number of points awarded for each post/interaction here.
Claim $POST tokens
At the end of each epoch (i.e. 1 week), Post.tech will finalise your point count. And after the end of the airdrop campaign, Friend.tech will tally up all your points and determine your $POST token entitlement.
How are Post.tech points calculated?
Different interactions on Twitter (X) and Post.tech give you differing amounts of points. Here’s how the Twitter (X) and Post.tech points are calculated:
Points for posting on Post.tech
Here’s how points are calculated for posting on Post.tech:
Shares holding (i.e. purchasing and holding shares on Post.tech): 200k – 15M points
Buy/Sell shares (i.e. profile trading on Post.tech): 30k points (unlimited)
Points for posting on Twitter (X)
Here’s how points are calculated for posting on Twitter (X). Note that each tweet or reply must mention @PostTechSoFi and $POST in order to qualify:
Original tweet: Up to 15k points (5 tweets/day)
Tweet replies: Up to 7.5k points (25 replies/day)
How to get maximum Post.tech $POST points: Strategy guide
Here are some strategies to get maximum $POST points:
Profile trading: Buy and sell newer/cheaper profiles faster to earn more points on profile trading. Remember, there’s no limit on the number of points you can earn through profile trading!
Only hodl “good” profiles i.e those with high engagement posts.
On smaller Post.tech or Twitter (X) accounts, reply to original posts with @PostTechSoFi and $POST. This is so they may also reply to your posts and you can win together!
Focus on posting on Post.tech. Whilst you get fewer points for posting on Post.tech, the engagement will be very high since everyone who is on Post.tech is in it for the points. It is also a good place to make friends to exchange engagement.
Where can I trade $POST tokens?
Post.tech $POST tokens have not officially launched yet, so they are not tradable on any exchange. They are likely to launch once their airdrop campaign ends.
Conclusion
Post.tech is a Web3 social network that rewards users for posting and engaging on its own platform or on Twitter (X). Users can earn points and tokens by creating content, interacting with others, and trading profiles. Post.tech also offers token-gated channels where users can access exclusive content and communities. Post.tech is currently running an airdrop campaign where users can claim $POST tokens based on their points. With our guide and strategies, you can earn the maximum number of points and $POST tokens! Good luck and show your support by following us on Twitter!
Mantle Network is an Ethereum Layer-2 protocol developed by BitDAO, one of the largest decentralized autonomous organizations (DAOs), and a partner of Bybit. The public testnet is now live, along with a community incentive program. You can potentially earn $MNT token airdrops from using the protocol. In this article, we will explain what Mantle Network is and what you can do to position yourself for the airdrop.
Mantle Network is an Ethereum Layer-2 scaling solution created by BitDAO that focuses on enhancing security, reducing fees, and increasing transaction throughput. It leverages roll-up technology and adopts a modular approach to create a separate, decentralized data availability layer in collaboration with EigenLayer. By implementing this strategy, it accomplishes the following:
Facilitates hyperscaled throughput for heavy-duty applications.
Removes the need for forking capital to motivate validators, thus reducing the marginal cost of capital when setting up new protocols.
Enables restaking mechanisms — re-staking allows anyone who has staked ETH on layer-1 to re-stake a pegged asset (stETH, rETH, cbETH, etc) and provide security to Mantle’s data availability layer.
Does Mantle Network have a Token?
Mantle Network uses $BIT, BitDAO’s governance token, as its native gas token. BitDAO has announced the approval of a proposal to deploy $100 million into the Mantle Ecofund, aiming to incentivize developers to build within the Mantle ecosystem. Additionally, the team is considering an airdrop for its testnet users. They have a subchannel on Discord where they discuss airdrop plans with the community.
What is the $MNT and $BIT token?
The $BIT token is BitDAO’s governance token. ByBit exchange is partnered with BitDAO and therefore use $BIT as their “unofficial official” token. Bybit frequently has campaigns and perks for $BIT coin and token holders. For example, there had a BIT Trading Fiesta where frequent $BIT traders on Bybit got up to US$100,000 in rewards. $BIT holders are also eligible for higher VIP levels and discounted trading fees.
On 19th May 2023, BitDAO rebranded itself to become Mantle and most importantly, voted to covert its $BIT token to $MNT tokens at a 1:1 ratio. So now, the $MNT token will be used across the entire Mantle Network ecosystem, for its products and for governance.
How do I convert my $BIT tokens to $MNT tokens?
From 17th July 2023 at 6:00am UTC onwards for a period of 6 months, $BIT token holders can convert their $BIT tokens to $MNT tokens. Here’s how to convert or migrate $BIT to $MNT:
Connect your wallet to the Mantle Faucet. Verify your Twitter and paste your wallet address. You can mint up to 1,000 $MNT testnet tokens.
If you don’t see $MNT in your wallet, click “Import Token” and paste the following $MNT token contract address: 0x3c3a81e81dc49a522a592e7622a7e711c06bf354
Bridge Assets from Goerli to Mantle Testnet
Use the Mantle Bridge to transfer Goerli ETH and testnet $BIT to the Mantle Testnet.
Switch the network to the Mantle Testnet. Import the token contract address of Goerli ETH, which will be shown as WETH on Mantle: 0xdEAddEaDdeadDEadDEADDEAddEADDEAddead1111
Complete Mantle Quests on Crew3 and join the Mantle Guild
Complete as many Crew3 quests as possible to get exclusive Discord roles. This could also be an eligibility criterion for the airdrop.
You can also complete other quests on guild.xyz/mantle to obtain additional roles such as the BIT Delegate. For that, you will need to buy and hold at least 1 $BIT or $MNT, delegate them to your ETH address on delegate.bitdaotools.io, and vote on at least on BIT Improvement proposal (BIP) in the bitdao.eth Snapshot space.
Crew3 and Guild tasks are not mandatory, but it could help your chances of getting the airdrop.
Bridge assets to Mantle Network mainnet
Bridge assets to Mantle using Orbiter Finance or the Mantle Bridge. This may make you eligible for a potential Orbiter Finance airdrop too! Check herefor our guide on how to bridge assets to Mantle using Orbiter Finance.
To bridge assets to Mantle Network using their bridge, go to https://bridge.mantle.xyz/ and deposit any tokens from Ethereum Mainnet to the Mantle Network. You will also get a dust bonus in $MNT for this!
Get $MNT tokens
Get some $MNT tokens. You can buy $MNT on exchanges such as ByBit, MEXC or Gate.io.
Find governance proposals here and vote on them. Note you will need $MNT for this.
Interact with dApps on the Mantle ecosystem
Interact with dApps on the Mantle ecosystem. This may also make you eligible for any potential airdrops the ecosystem projects may have! Do note however you will be using real funds for this.
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: BitDAO allocated $100 million to incentivize developers to build on the Mantle Network. Moreover, they are also considering conducting an airdrop for protocol users.
Airdropped Token Allocation: Token allocations for the community are not yet confirmed.
Airdrop Difficulty: The steps are easy to do. All you have to do is bridge testnet $BIT and ETH from Goerli to Mantle Testnet. Crew3 and Guild tasks are optional.
Token Utility: $BIT, the native utility token of BitDAO, offers holders benefits like voting rights, revenue sharing, and exclusive access to features within the BitDAO ecosystem. This includes Mantle Network.
Token Lockup: There is no information available on token lockup for airdrops.
Aark Digital is a decentralized perpetuals exchange built on Arbitrum. The team has mentioned on Discord that there will be an airdrop for the community in the future. In this article, we will briefly explain what Aark Digital is and what you can do to position for the airdrop.
Aark Digital Airdrop Step-by-Step Guide
Here’s how to get the Aark Digital token airdrop:
Add Arbitrum Goerli to Wallet
Get Galxe Role and Complete Tasks on Crew3
Get Testnet Tokens
Deposit on Aark Testnet Futures Account and Place Futures Orders
Aark Digital is a derivatives decentralized exchange (DEX) built on Arbitrum. It is the first Peer-to-Pool perpetuals DEX custom built for professional traders. It offers abundant liquidity with 50+ trading pairs and any whitelisted assets as collateral. Cross-margin trading is also available. For liquidity providers, it offers leveraged LP, delta neutral LP and insurance fund.
It is designed to provide a solution for the pain points of perp DEXs. Traders on the Aark platform are not required to sell assets they own to open a position. They can instead deposit these assets as collateral, which will be held until the user’s position is liquidated due to a loss.
Does Aark Digital have a Token?
$AARK is the native token of Aark Digital. The token is not launched yet, according to their Documentation, 31% of their token supply will be reserved for Community Rewards. So Aark Digital may do an airdrop. Currently, you can complete tasks to earn points, which will then be exchangeable for Mystery Tickets to eventually earn $AARK when the mainnet is launched.
How to Get the Potential Aark Digital Token Airdrop?
Time needed: 2 hours
Aark Digital have announced a Traders of the Galaxy campaign which will allow participants to get an exclusive NFT and a Mystery Ticket which could hold $AARK rewards. The Traders of the Galaxy will start on May 19th, 2023, 11:00 AM (UTC) and ends on 24th June 2023 at 9:00am (UTC). You will also need to interact with the Aark Digital Testnet OR deposit USDC in the mainnet liquidity pool in order to be eligible for a future token airdrop. Here’s a step-by-step guide:
Add Arbitrum Goerli to Wallet
You can add Arbitrum Goerli via Chainlist on your MetaMask or other supported wallets. It is the testnet network for Arbitrum.
Connect your wallet to Zealy (Crew3) and complete their social tasks.
Get Testnet Tokens
Connect your Metamask to Aark Digital and click “Receive” on the right hand corner to get testnet tokens. You will get 10,000 mock USDC, 0.5 mock BTC and 5 mock ETH. Note that you can no longer get testnet tokens via their Discord as their faucet has dried.
Deposit on Aark Testnet Futures Account
Go to Aark Testnet. Start by depositing some of your testnet tokens on your Futures account. Try not to deposit all as you will need some for the other features.
Place Futures Orders
Now you can start trading on the Futures page. Choose a trading pair to trade located at the left side of the screen. Then, place a market order or limit order on the right of the screen. Set the leverage ratio by moving the slide bar.
You can see all of your created orders under the Position tab located at the bottom of the screen. Additionally, you can keep track of your previous orders under the Trade History tab. You will earn 1 point for every $100 of trading volume generated. You can also check your points earned here.
Provide Liquidity
Deposit some of your testnet tokens on your Liquidity Provider account. Then, go to the Liquidity page and open an LP position. Set the leverage ratio by moving the slide bar, and then place order to confirm.
Deposit into the Insurance Fund
You can also deposit test USDC in the Insurance Fund page. This feature allows you to earn from liquidation fees.
Deposit on Nitro LP (Mainnet Action)
If you wish to interact with more than just the testnet, you can provide liquidity to the Aark Digital Liquidity Pool on the Arbitrum mainnet. Connect your wallet to the Nitro LP page, and switch the network to Arbitrum One.
Once you’re in, scroll down and you’ll see different tiers of LP products. Select a tier and approve USDC to deposit. Learn more about the risk ratio in their Medium article.
Get the Aark Digital Boarding Pass
To get the Aark Digital Boarding Pass, you will need to earn over 90,000 testnet points. You can earn testnet points by trading on Aark Digital’s testnet (see step 6 above). Once you qualify, go to Aark Digital’s Galxe page and claim the NFT.
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: Aark Digital’s documentation states that 31% of its token supply would be reserved for Community Rewards, which could mean an airdrop.
Airdropped Token Allocation: 31% of $AARK tokens would be allocated towards Community Rewards.
Airdrop Difficulty: The testnet is very user-friendly and easy to use. For interacting with the mainnet, please do your own research as it involves real funds.
Token Utility: $AARK is a fee-earning governance token of Aark Digital and entitles holders to various benefits.
Token Lockup: The 31% of $AARK tokens allocated towards Community Reserves were not distributed at Genesis, but will be distributed each year over a total of 4 years as follows: 12.8%, 8.3%, 5.8% and 4.1%
Optimism is a Layer 2 blockchain solution designed for Ethereum developers. They have done a total of 3 Optimism $OP token airdrops in the past. Here’s our guide on how you can position yourself for a potential Optimism $OP token airdrop 4.
Table of Contents
Optimism ($OP) Airdrop Step-by-Step Guide
Here’s a step-by-step guide on how to get a potential Optimism ($OP) token airdrop:
Optimism is a fast, stable, and scalable Layer 2 blockchain solution designed for Ethereum developers. Developers can scale their Ethereum applications without any surprises by building a minimal extension to existing Ethereum software. Existing Ethereum applications can run at a fraction of the cost due to Optimism’s compatibility.
Is there an Optimism token?
Optimism has a token known as $OP. The $OP token is used for Governane, for rewards via airdrops, as well as for ecosystem funding. $OP has a circulating supply of over 214 million tokens and is ranked number 77 in terms of trade volume. The current price of $OP at the time of writing is US$3.14.
Is there an Optimism $OP token airdrop?
Optimism Airdrop 1
Optimism completed Airdrop 1 in May 2022. Over 200m $OP was airdropped to a total of 248,699 eligible addresses. The amount of $OP allocated to each address ranged from 409.42 up to 27,534.98 $OP. Optimism’s first airdrop rewarded early adoptors and active project users of Optimism and L1 Ethereum. There were 6 set of criteria for eligibility for the $OP airdrop:
Optimism users
Repeat Optimism Users
DAO Voters
Multisig Signers
Gitcoin Donors (on L1)
Users Priced Out of Ethereum
Each criterion was distinct, meaning that an address can be eligible for multiple sets and receive a cumulative sum of $OP tokens.
Optimism Airdrop 2
Optimism’s Airdrop 2 distributed 11,742,277.10 $OP to 307,965 addresses based on a snapshot taken on 20th January 2023 at 0:00 UTC. Those who delegated their OP based on the quantity delegated and how long it was delegated for were rewarded. Optimism users who have spent more than a certain amount on gas charges also received a partial refund on their gas costs. Additional attributes related to governance and usage of the protocol determined finally Multiplier bonuses. The criteria to be eligible for the Optimism token Airdrop 2 were as follows:
Governance Delegation Reward: Users must have at least 2,000 cumulative $OP delegated per day (i.e. at least 20 OP delegated for 100 days: 20*100 = 2,000 $OP Delegated x Days). This criterion rewarded 0.42 ⁄ 365 OP per OP delegated x Days, capped at 5,000 OP per address.
Gas usage reward: Users must have spent at least the average cost of one L1 transaction (i.e. $6.10) on Optimism. For this, users received a 80% rebate of gas fees in $OP, up to $500 worth of gas fees per address.
There were also 4 additional attributes that users earned multiplier bonuses for:
Governance: Had an active delegation of at least 20 $OP at the time of the snapshot.
Governance: Had 54,367 total OP Delegated x Days (i.e. had at least delegated 271.83 $OP since 4th July 2022).
Usage: Made transactions on Optimism across 6 months.
Usage: spent at least $20 on gas fees.
Those who did not fulfil any of the above 4 additional attributes did not get any multiplier bonus. Those fulfilling 1 additional attribute got 5% bonus, 2 attributes got 10% bonus and 3 attributes got 50% bonus. Finally, those who fulfilled all 4 additional attributes got a 100% bonus.
Optimism Airdrop 3
Optimism did their Airdrop 3 on 18th September 2023, where a total of 9,411,313 $OP was airdropped to 31,870 unique addresses. As we had predicted, to be eligible for Optimism’s airdrop no.3, users had to be an active participant in their governance. Here’s how to be eligible for Optimism’s airdrop 3:
Delegate tokens and vote onchain in OP governance between 20th January 2023 to 20th July 2023 at 0:00 UTC
Tokens must be delegated for at least 7 days.
Each address must have a Cumulative Delegated OP of over 18,000. To work out your Cumulative Delegated OP, multiple your OP delegated by the number of days delegated i.e. OP Delegated x Days= Cumulative Delegated OP.
Meanwhile, if you had delegated your OP to a Voting Delegate, you only need a Cumulative Delegated OP of over 9,000.
Here’s how many $OP tokens you would be eligible for in Optimism’s airdrop 3:
0.67/365 OP per (OP Delegated x number of days), subject to a maximum of 10,000 OP per address; or
(0.67 ⁄ 365) x 2 OP per (OP Delegated to a Voting Delegate x number of days), subject to a maximum of 10,000 OP per address.
How do I claim my Optimism $OP tokens?
Optimism Airdrop 1 participants must claim their $OP tokens on their website by connecting their wallet. On 15th September 2023, any unclaimed $OP tokens from Airdrop 1 was directly sent to eligible addresses. So, this means all $OP from Airdrop 1 has been distributed.
For Optimism airdrop 2, at 8pm ET on 9th February 2023, eligible wallets directly received their airdrop of $OP tokens.
How to receive Optimism $OP airdrop 3?
Eligible Optimism Airdrop 3 participants were automatically airdropped their tokens on 18th September 2023. So, if you are eligible for Optimism $OP token airdrop 3, you do not have to do anything.
How many Optimism $OP tokens will be airdropped?
Optimism has airdropped 245,901,954.90 $OP so far over 3 airdrops as follows:
Airdrop 1: 214,748,364.80 $OP i.e. 5% of total supply
Airdrop 2: 11,742,277.10 $OP i.e. 0.27% of total supply
Airdrop 3: 19,411,313 $OP i.e. 0.45% of total supply
According to Optimism’s documentation, Optimism will allocate 19% of its initial total supply towards airdrops. So far, 5% has been distributed in airdrop 1, 0.27% in airdrop 2 and 0.45% in airdrop 3. So, 13.28% of the initial total supply of $OP still remains to be distributed.
Will there be an Optimism $OP airdrop 4?
Optimism has allocated 19% of the total $OP token supply for future airdrops. After airdrop 3, 13.28% of the initial total supply of $OP still needs to be distributed. So, the chances of an airdrop 4 or more are very high. In fact, their documentation strongly supports this as one of their paragraphs is titled “Future airdrops (#2, 3, …)”.
How to qualify for a potential Optimism $OP airdrop 4?
To qualify for a potential Optimism $OP token airdrop 4, you can use Optimism by first bridging your assets to Optimism. To do this, go to Optimism Bridge and connect your wallet. Select which token you would like to bridge and approve the deposit on the site and on your wallet. Afterwards, go to the Ecosystem tab and use some of the apps in the Optimism ecosystem.
Optimism have not announced a further airdrop yet. We can see from past Optimism airdrops that those who were active on Optimism and participated in governance have received $OP tokens. (editorialrm.com) Our prediction is that the criteria to be eligible for Optimism airdrop 4 would be similar to those in past airdrops. Here are some ways which you could receive a potential Optimism $OP airdrop:
Be active on Optimism
Participate in Governance
To be active on Optimism, you can use their protocols, approve tokens, do transfers, and wrap/unwrap ETH. This is likely to qualify as activity on Optimism as this was the criteria in airdrop 2.
Meanwhile, users can participate in Governance by going to Optimism Agora and connecting your wallet. You can see what topics are being voted on by visiting the Proposals tab. You can choose to vote on a proposal yourself or delegate your vote to a delegate. Click on “Voters” to see a list of Delegates, their voting history, and voting power. Those who really want to make a difference can even become a Delegate themselves. The team have promised that Delegates will eventually receive compensation once the role has been stabilized. Voting or delegating on Governance is also likely to be an eligibility criterion for Optimism airdrop 4 as it was the criteria in the previous airdrop 3.
Participate in Optimism Governance (Source: Optimism Agora)
Optimism $OP 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: An Optimism airdrop 4 is almost certain as they have not distributed all their tokens allocated for airdrops yet.
Airdropped Token Allocation: Optimism allocated 19% of its total $OP token supply for future airdrops. 13.28% remains to be distributed.
Airdrop Difficulty: Optimism have not announced the requirements for airdrop 4. However, based on previous airdrops, users will need to participate in Governance and use Optimism actively. These tasks are relatively complex and require real user funds.
Token Utility: $OP is the native token of Optimism. $OP is used for Governance, rewards and ecosystem funding.
Token Lockup: Most major exchanges are already trading $OP tokens.
Massa Labs calls itself the first truly decentralized blockchain. Their vision is to build a high-capacity infrastructure that provides dApps with a censorship-resistant environment thanks to its true decentralization. Also, to offer a secure way for protocols to continue thriving on the blockchain even in case the project shuts down. This is possible because Massa’s smart contracts are hosted on-chain and remain serverless forever. Massa Labs has recently raised over US$5 million in funding and has reserved 8% of its initial token supply for the community via an “incentivized testnet”. As a result, there is speculation that they may do an airdrop for those who use their testnet. Here’s a guide on how you can get a potential Massa Labs token airdrop.
Sébastien Forestier, Damir Vodenicarevic and Adrien Laversanne-Finot created Massa to fulfil the vision of a decentralized internet, where everyone can participate and benefit from the network. Massa is made up of highly-accomplished engineers, researchers and builders, with experience in crpyography, finance, gaming and more. All joining their forces to bring decentralization to everyone.
Massa Labs aims to provide a high-capacity, censorship-resistant, and serverless infrastructure for dApps and protocols using AssemblyScript as its smart contract language. They also offer a unique feature of web3-on-chain, which allows web developers to deploy their web applications on the blockchain and keep them running even if the project shuts down.
Messa released the first version of its testnet on July 16th, 2021. Currently, they are focusing on improving the stability of their nodes, verifying the security of the full codebase, and adding other minor fixes and improvements. They have also started a security audit in April 2023. Messa plans to launch its mainnet in October 2023.
Will there be a Massa Labs token airdrop?
Massa Labs has recently secured over $5 million in funding and according to its blog post, an allocation of 8% of the total initial supply of 1,000,000,000 Massa has been allocated for node runners, which is 80,000,000 Massa. These tokens will be airdropped to node runners who registered to the testnet incentive program, depending on the number of points they obtained.
How to be eligible for the Massa Labs token airdrop?
Massa Labs have announced the criteria for the token airdrop, here’s how to be eligible for the 80 million Massa token airdrop:
Collect a minimum of 200 points by the end of testnet 24.
Are not from ineligible countries i.e. USA, China, Iran, Syria. However this list is subject to change.
Pass the KYC procedures by 25th September 2023.
Provide their Massa wallet address by 25th September 2023.
How to get Massa Labs token airdrop
Time needed: 3 hours
Here’s how to get the potential Massa Labs token airdrop:
Meet the minimum requirements
You will need: A validated Discord account, virtual or dedicated server with minimum 4 cores and 8 GB RAM, SHH or Telnet Client.
Set up a node
Follow the tutorial to set up a node. In the tutorial, they will be using PuTTY to instal a node on Ubuntu. However, it is also possible to use Windows, Mac or Linux.
Complete tasks on Massa Labs Galxe page
Connect your wallet to Massa Labs Galxe page. Tasks include following and interacting with their social media accounts and completing their quizzes.
Complete quests on Massa Labs dashboard
Join the Massa Labs Discord, then connect to the Massa Labs dashboard. Afterwards, click on “Quests” on the top left-hand corner and complete the tasks. Tasks include downloading a Bearby wallet and minting their NFTs.
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: Massa Labs has not officially confirmed details of an airdrop, but they revealed in their whitepaper that they will reserve 8% of its initial token supply for the community via an “incentivized testnet”.
Airdropped Token Allocation: 8% of the initial token supply will be allocated to the community by way of an “incentivized testnet”.
Airdrop Difficulty: The most likely way to get any potential airdrop is to set up a node in their testnet. However this requires a lot of technical knowledge. Here’s hoping they will have more beginner-friendly tasks later!
Token Utility: The Massa Labs token utility is unknown.
Token Lockup: Of the airdropped tokens, 30% will be unlocked on mainnet launch, and the 70% remaining will be vested linearly over 24 months.
