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Category: Crypto Trends

Make sense of the news and how it affects the blockchain space as a whole. Crypto trends is a collection of relevant news and insights to help you make an informed decision.

  • DeBank token airdrop guide: How to get this airdrop?

    DeBank token airdrop guide: How to get this airdrop?

    DeBank is a DeFi wallet that offers a range of services such as DeFi portfolio tracking, DEX aggregation, and DeFi rankings. It has integrated hundreds of DeFi protocols across multiple chains including Ethereum, Binance Smart Chain, xDai chain, and Polygon. DeBank is rumoured to be doing a potential airdrop. Here’s our DeBank token airdrop guide.

    DeBank airdrop step-by-step guide

    Here’s a step-by-step guide on how to get a potential DeBank token airdrop:

    1. Connect to DeBank
    2. Mint your Web3 ID
    3. Connect accounts
    4. Collect badges
    5. Follow other users

    Click here for more details

    What is DeBank?

    DeBank is a DeFi wallet that provides a variety of services such as DeFi portfolio tracking, DEX aggregation, and DeFi rankings. It has integrated hundreds of DeFi protocols across multiple chains including Ethereum, Binance Smart Chain, xDai chain, and Polygon. DeBank has raised US$25 million from notable investors such as Coinbase Ventures, Circle and Sequoia Capital China.

    Will DeBank do a token airdrop?

    DeBank has not announced a token or a token airdrop yet. However, other similar projects such as Zerion are rumoured to be releasing a token and doing a token airdrop. And projects gain a huge influx of users and popularity simply by doing airdrops. So, there is a chance DeBank may also do an airdrop in order to attract more users.

    How to get a potential DeBank token airdrop?

    Time needed: 45 minutes

    Here’s how you can get a potential DeBank token airdrop.

    1. Connect to DeBank

      Connect your Web3 wallet to https://debank.com/

    2. Mint your Web3 ID

      On the dashboard, click “Mint your Web3 ID” and follow the steps. Note that it will cost US$96 to mint the ID.

    3. Connect accounts

      Connect your email and Twitter accounts.

    4. Collect badges

      Go to https://debank.com/badge and mint badges if eligible. Eligiblity criteria include having over 100 followers, having a DeBank Web3 ID or having over 100 days since the first on-chain transaction.

    5. Follow other users

      On the badge details pages, you will see other users who have already minted a badge. Click “follow” to follow them. The purpose of this is to get more TVF (i.e. Total Value Followed) which will make you eligible for other badges.

    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: DeBank has not announced a token or an airdrop yet. But there could be a good chance they would do one in the future considering how effective airdrops are for crypto projects to gain wider audiences.

    Airdropped Token Allocation: DeBank has not announced a token yet.

    Airdrop Difficulty: The initial US$96 fee to mint a Web3 ID is admittedly a huge turnoff. But aside from having to pay, mint badges and follow other users is very simple.

    Token Utility: DeBank has not announced a token yet.

    Token Lockup: DeBank has not announced a token yet.

  • Zerion Token Airdrop Guide: How to get an airdrop without doing anything extra?

    Zerion Token Airdrop Guide: How to get an airdrop without doing anything extra?

    Zerion is a non-custodial crypto wallet that gives you access to a broad range of opportunities across DeFi and NFTs. Zerion currently does not have its own token, but there is speculation that they may launch one in the future and potentially airdrop it to early users of the platform. Since it is such a useful protocol, it is definitely worth using it regardless of any airdrop! Here’s our step-by-step guide to a potential Zerion token airdrop.

    Zerion Token Airdrop Step-by-step Guide

    Here’s how you can get a potential Zerion token airdrop:

    1. Go to the Zerion dashboard and connect your wallet
    2. Import wallet
    3. Swap assets
    4. Send assets
    5. Bridge assets

    Click here for more details

    What is Zerion?

    Zerion is a non-custodial wallet for crypto that gives you access to a broad range of opportunities across DeFi and NFTs. With Zerion Wallet you can easily lend out your funds and private keys without cross-associating of wallet addresses. Zerion has both a mobile and web app that allows you to manage your DeFi and NFT portfolios, trade across 10+ networks and connect to any decentralized application with one wallet. One helpful feature of Zerion is that it allows wallet tracking, so you can have instant notifications of any deposits or withdrawals into your crypto wallets.

    Zerion does not have its own token yet and has not announced any airdrop. However, there are rumours that they may do an airdrop to early supporters if they launch a token.

    How to Get a Potential Zerion Token Airdrop?

    Time needed: 30 minutes

    Here’s how you can get a potential Zerion token airdrop.

    1. Go to the Zerion dashboard and connect your wallet

      Zerion has both a mobile (iOS and Andriod) and desktop app. Go to https://zerion.io/ and select your preference by either downloading the mobile app or connecting your wallet to their site. Zerion supports their own wallet, Metamask, Plaid, WalletConnect, Coinbase Wallet, Trustwallet, Ledger, Fortmatic or with your email address.

    2. Import wallet

      You can also import your wallet by clicking the arrow next to your wallet address and “Connect another wallet” on the drop down menu. Zerion supports their own wallet, Metamask, Plaid, WalletConnect, Coinbase Wallet, Trustwallet, Ledger, Fortmatic or with your email address. Alternatively, you can click the add wallet icon on the top right hand corner of the mobile app and choose “Import existing wallet”. Then enter your private key and click “Import”.

    3. Swap assets using Zerion

      To swap assets, click “Swap” on the left sidebar (web version) or “Swap” on the top of the page (mobile app). Choose the network, type of cryptocurrency you want to send, and the type you want to receive, as well as the amount. Then, click “Swap” and confirm the transaction.

    4. Send assets using Zerion

      To send assets, click “Send” on the left sidebar (web version) or “Send” on the top of the page (mobile app). Then, input the address you want to send your cryptocurrencies to, the type of cryptocurrency and the amount. Then click “Review”, check that the details of the transactions are correct and click “Send”.

    5. Bridge assets using Zerion

      To send assets between networks, click “Bridge” on the left sidebar (web version) or the three dots and “Bridge” on the top of the page (mobile app). Then, choose the networks you want to send your cryptocurrencies to and from, the type of cryptocurrency and the amount. Then, click “Send” and confirm the transaction on your wallet.

    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: Zerion has not announced a token or an airdrop. But there could be a chance they would do one in the future based on how effective airdrops are for crypto projects to gain wider audiences.

    Airdropped Token Allocation: Zerion has not announced a token yet.

    Airdrop Difficulty: Swapping, sending and bridging assets is not difficult. In fact you may even use these features as part of your usual crypto trading routine!

    Token Utility: Zerion has not announced a token yet.

    Token Lockup: Zerion has not announced a token yet.

  • Zora token airdrop guide: Will this be a Blur killer?

    Zora token airdrop guide: Will this be a Blur killer?

    Zora allows creators and collectors to transform their artwork, music, videos, podcasts, animations or memes into tradable NFT collections. They also have their own Zora Network, a layer 2 built on Ethereum built on OP Stack, which is maintained by the Optimism Collective. Zora has secured US$60 million over 3 funding rounds with notable investors such as Paradigm and Coinbase Ventures. There is speculation that Zora may do a token airdrop to reward its loyal supporters. Here’s a guide on how you can get a potential Zora token airdrop.

    Zora token airdrop step-by-step guide

    Here’s a step-by-step guide on how to get a potential Zora token airdrop:

    1. Connect to Zora
    2. Bridge funds to Zora
    3. Mint a NFT
    4. Create a NFT collection
    5. Claim Zora NFTs

    Click here for more details.

    What is Zora?

    Zora is a platform that allows creators and collectors to transform their artwork, music, videos, podcasts, animations or memes into tradable NFT collections. They also have their own Zora Network, a layer 2 built on Ethereum built on OP Stack, which is maintained by the Optimism Collective. Zora has secured US$60 million over 3 funding rounds with notable investors such as Paradigm and Coinbase Ventures. There is speculation that Zora may do a token airdrop to reward its loyal supporters. Here’s a guide on how you can get a potential Zora token airdrop.

    Zora in numbers

    Is there a Zora token airdrop?

    Zora has not announced a token or an airdrop yet. However, one must consider that Blur generated a lot of attention and users simply though doing an airdrop. In fact, Blur has by far the highest volume out of all the NFT marketplaces out there according to DappRadar. And this is very likely attributed to their airdrop campaigns. Hence, there is a good chance that Zora may also do an airdrop in order to build a strong community of supporters since they are a direct competitor to Blur.

    Check out our Blur Airdrop Guide: How to get season 2 rewards?

    How to get a potential Zora token airdrop?

    Here’s how to get a potential Zora token airdrop

    1. Connect to Zora

      Connect your wallet to https://zora.co/

    2. Bridge funds to Zora

      You will need to bridge ETH to Zora in order to use its various features. To do this, connect your wallet to https://bridge.zora.energy. On the Deposit tab, type in the amount of ETH you wish to bridge from the Ethereum network to the Zora network. Then, click “Bridge”.

      Alternatively, you can bridge ETH to Zora using Orbiter Finance. Who knows, this may also make you eligible for a potential Orbiter Finance airdrop!

      Learn more with our Orbiter Finance Token Airdrop Guide

    3. Mint a NFT

      Choose and click on a NFT collection. Click “mint” and use the +/- buttons to select how many NFTs you wish to mint. Confirm by clicking “mint” and following the instructions in your wallet to confirm the transaction. Note there is a minting fee of 0.000777 ETH per NFT

    4. Create a NFT collection

      Zora provides a Creator Toolkit for creators to create 3 types of NFT collections: Multi-Editions (ERC-1155), Single-Editions (ERC-721) and Drops (ERC-721). Click here to learn more about the features of these different NFT collections.

      To create an NFT collection, go to https://zora.co and click on the “+” button on the top right-hand corner. Then, choose the type of collection you wish to create. Fill in the required information such as the name, ticker symbol, size (i.e number of editions), network, royalty, and description of your edition. You will also need to upload the media for your Edition, it can be a video, gif, audio, PDF, 3D, image or HTML. Once you have provided this information, click “create” then approve the gas fees and wait for the transaction to complete.

    5. Claim Zora NFTs

      There are 2 Zora NFTs available to mint on. One is on Mint.fun and the other is on Base.

    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: Zora has not announced any airdrop yet. But there may a be a good chance of an airdrop when Blur, its direct competitor, can directly attribute its success to airdrops.

    Airdropped Token Allocation: The airdropped token allocation is unknown.

    Airdrop Difficulty: There is no announcement on any Zora airdrop or their eligibility yet. To position yourself for this potential airdrop, you will need to mint or create NFT collections. This is not difficult to do but will require actual funds.

    Token Utility: There has been no official announcement regarding the release of any Zora token yet.

    Token Lockup: There has been no official announcement regarding the release of any Zora token yet.

  • Altitude ($ALTD) Token Airdrop Guide: How to get airdrop for free!

    Altitude ($ALTD) Token Airdrop Guide: How to get airdrop for free!

    Altitude ($ALTD) is a decentralized application (dApp) built on LayerZero, which is a cross-chain communication infrastructure. It is designed to allow DeFi users to transfer assets with enhanced security features, inexpensive bridging fees, and fast transactions. Altitude have already confirmed they will be launching an $ALTD token and will do a token airdrop on their mainnet launch. Meanwhile, they have recently launched their testnet. So, there is still time to participate in their airdrop! Here’s our guide to the Altitude ($ALTD) token airdrop.

    LayerZero is a MAJOR upcoming airdrop! Find out more with our LayerZero ($ZRO) Token Airdrop Guide.

    Altitude $ALTD airdrop step-by-step guide

    Here’s how to get the Altitude $ALDT token airdrop:

    1. Get testnet gas and $ALTD tokens
    2. Bridge $ALTD to the BNB and Metis networks
    3. Transfer testnet $ABT and $USDC tokens between bridges
    4. Add liquidity to pools
    5. Deposit to farms
    6. Stake $ALTD
    7. Complete quests on Zealy

    See below for more details

    What is Altitude?

    LayerZero designed a cross-chain communication infrastructure to alleviate the constraints of omnichain activity. Altitude composes a native asset bridge on LayerZero. Altitude’s vision is to enable Web3 users access to a seamless transaction process and promote cross-chain liquidity from one blockchain to another. DeFi users can transfer assets via Altitude with Secured Guaranteed Finality, leveraging enhanced security features, inexpensive bridging fees, and lightening fast transactions.

    Altitude $ALDT testnet

    What is the Altitude ($ALTD) token?

    Proving liquidity for supported tokens can farm the governance token of Altitude, which is the ALTD token. Holders of ALTD tokens can lock their tokens and receive gALTD, Altitude’s governance token. gALTD holders can vote and make proposals in Altitude’s governance protocol.

    According to their tokenomics, Altitude will reserve 5% of the total $ALTD supply for strategic airdrops.

    Is there an Altitude ($ALTD) token airdrop?

    Altitude have confirmed they will be doing an $ALTD token airdrop ahead of their mainnet launch known as “Alty’s Adventure”. Alty’s Adventure is an open-to-all community campaign starting on 18th April 2023 and will end when Altitude launches their mainnet in the future. We also see in their announcement that it is their “first” open-to-all community campaign, so maybe it is a hint that there would be even more airdrops to come?

    The “Alty’s Adventure” campaign will be complemented by a closed community campaign known as “The Climb”.

    How to get the potential Altitude ($ALTD) token airdrop?

    Time needed: 1 hour

    Here’s how to get the Altitude ($ALTD) token airdrop.

    1. Get testnet tokens

      You will need to get testnet tokens to pay for gas fees on the Altitude testnet. First, get testnet AVAX tokens on the Avalanche network here. Then, get testnet tokens on the BNB Chain here, here or here. Finally, get testnet tokens on the Metis network here.

    2. Get testnet $ALTD tokens

      Go to the Altitude faucet and request testnet $ALTD tokens for the Avalanche, Binance (BNB) and Metis networks.

    3. Bridge $ALTD to the BNB network

      Connect your wallet to the Altitude testnet, make sure you are on the Avalanche Fuji Testnet. Currently, Altitude testnet supports testnet $ALTD, $ABT and $USDC tokens. Transfer $ALTD from other networks to the BNB network. (https://www.colburnschool.edu/)

    4. Bridge $ALTD to Metis network

      Repeat step 3 above, but this time, bridge $ALTD from other networks to the Metis network. You can also send tokens from the BNB and Metis networks back to the Avalanche network.

    5. Transfer testnet $ABT and $USDC tokens between bridges

      Repeat steps 3 and 4 above. This time, transfer the testnet $ABT and $USDC tokens between different networks.

    6. Add liquidity to pools

      Go to Altitude’s Pool. Choose a pool from the list and select the amount of tokens you wish to deposit so as to earn LP tokens. Currently Altitude’s pools support $WETH, $WSTETH, $WBTC, $FTM, $MATIC, $BNB, and $ARB deposits. Do this for several other pools. To withdraw liquidity, go to “Your Pools”, click on the pool you wish to remove liquidity from and click “Remove”. Select the amount of liquidity you wish to withdraw and click “Remove Liquidity”.

    7. Deposit to farms

      Similar to step 6 above, go to Altitude’s Farm and deposit your LP tokens. There is also an option to withdraw your tokens and $ALTD rewards. For those who do not want to earn $ALTD via adding liquidity and depositing to farms, they can simply purchase $ALTD via Uniswap V2 (Ethereum), Camelot DEX (Arbitrum) or Trader Joe (Avalanche).

    8. Stake $ALTD

      Go to Altitude’s Stake page. Select the amount of $ALTD you wish to stake and click “Stake”. You will receive $gALTD as a staking reward if you stake on Ethereum. You can see your $gALTD balance the heading “My Voting power”. Later on, you will be able to use $gALTD to participate in governance voting.

    9. Complete quests on Zealy

      Go to Altitude’s Zealy Questboard. Complete the Questboard tasks which include social tasks such as following their social media pages and creating content for Altitude.

    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: Altitude have confirmed they will be launching a its $ALTD token and doing an airdrop when their mainnet goes live.

    Airdropped Token Allocation: Altitude will reserve 5% (5 million $ALTD) of the total supply for strategic airdrops.

    Airdrop Difficulty: Participants will need to bridge tokens, add liquidity, and deposit to farms. This is relatively straightfoward for most airdrop hunters. No real funds are being used as Altitude is still in the testnet phase.

    Token Utility: Staking $ALTD will result in receiving $gALTD. $gALTD will be used for governance.

    Token Lockup: There does not seem to be a lockup period for airdropped $ALTD tokens.

  • Stargate Finance ($STG) airdrop guide: PLUS how to get BONUS token airdrops!

    Stargate Finance ($STG) airdrop guide: PLUS how to get BONUS token airdrops!

    Stargate Finance is working to create a bridge between different digital assets. This bridge will allow users to easily transfer and use digital assets across different platforms. Stargate is the first decentralized application (dApp) to be built on LayerZero, a blockchain-based platform. This will enable users to access a wide range of services and applications in a secure and efficient manner. Stargate Finance has already launched their token, but there is hope they may distribute any airdrops (e.g. Arbitrum airdrop) they receive back to their community. So, it is well worth using the protocol for a chance for a potential airdrop. Here’s a guide on how you can be eligible for a Stargate Finance token airdrop. And with our BONUS tip, you may also be eligible for potential Bungee, Socket, zkSync and LayerZero airdrops too!

    Learn more:

    Stargate Finance ($STG) Airdrop Step-by-Step Guide

    Here’s how to receive a potential Stargate Finance ($STG) token airdrop:

    1. Add liquidity to pools.
    2. Farm LP tokens.
    3. Stake your STG tokens to receive $veSTG.
    4. Vote on governance proposals.
    5. BONUS: Get Bungee, Socket, zkSync and LayerZero airdrops with Stargate!

    See below for more details.

    What is Stargate Finance?

    Stargate Finance allows DeFi users can swap native assets cross-chain with a single transaction. For instance, users can swap USDC on the Ethereum network for USDT on BNB. Key features of Stargate Finance include:

    1. Instant Guaranteed Finality: Users and applications can be sure that when they send a transaction on the source chain, it will be securely and quickly transferred to the destination chain.
    2. Native Assets: People and programs can trade in native assets instead of wrapped assets, which require extra trades and fees.
    3. Unified Liquidity: Having access to a single pool of liquidity that can be used across multiple chains gives users and applications that trust in the bridge’s dependability a greater amount of liquidity.

    What is Stargate Finance ($STG) token?

    $STG is the native token of Stargate Finance. Those that add LP tokens to a farm on Stargate Finance will be able to receive STG rewards. These STG rewards can then be further staked to earn veSTG. veSTG is used for governance voting. The total supply of STG is 1 billion and there is currently 160,615,339 STG in circulation.

    Will Stargate Finance airdrop its Arbitrum $ARB airdrop to their users?

    Recently Stargate DAO has confirmed they will receive around 1.6 million Arbitrum tokens ($ARB) from their latest airdrop.

    Stargate DAO received 1.6m $ARB tokens in the Arbitrum airdrop

    As a result, there is a governance proposal being put forward to share 75% the airdropped $ARB tokens received by Stargate DAO. The remaining 25% will be reserved for future Stargate DAO users. These airdropped $ARB tokens will be given proportionally to veSTG holders. But excluding team/ investors accounts. The good news is that the proposal was passed with over 80% voting “yes” to the proposal.

    Here’s how to be eligible for the Arbitrum $ARB token airdrop on Stargate:

    1. Your wallet must have voted at least on 15 snapshot proposals on Stargate DAO since inception.
    2. Wallet must have either conducted at least 5 transactions to or from Arbitrum (not necessarily via Stargate bridge) before 6th February 2023, or provided any amount of liquidity into Arbitrum on Stargate before 6th February 2023.

    If you aren’t eligible for this Arbitrum airdrop, do not worry! The passed proposal also states that 25% of the Arbitrum token airdrop will be used for future Stargate DAO users. However, details of how these remaining tokens will be used have not been released yet.

    Learn more about the Arbitrum airdrop and whether YOU could be eligible here.

    How to receive a potential Stargate Finance ($STG) token airdrop?

    Stargate Finance has not announced any Stargate Finance $STG token airdrops. However, the Stargate Finance team has confirmed in their Documentation that 30.39% of their total STG token supply will be dedicated to future community initiatives. Nevertheless, there is a potential for Stargate Finance users to receive a token airdrop from its ecosystem projects.

    Time needed: 45 minutes

    Here’s how to receive a potential airdrop from Stargate Finance.

    1. Add liquidity to pools

      Adding liquidity to Stargate’s pools allows you to receive LP token rewards. To do this, connect your wallet to Stargate and go to the Pool tab. Choose an available pool, type in the amount of liquidity you wish to add and click “Approve”. Follow the instructions on your wallet to approve the transaction. To remove liquidity, simply go onto the “Remove” tab, enter the amount you wish to remove and click “Remove Liquidity”. Choose the asset and network you wish to redeem your liquidity.

    2. Farm LP tokens

      You can farm your LP tokens in exchange for $STG rewards. Collect your LP tokens by removing your liquidity in step 1 above. You can then farm your LP tokens to get $STG rewards. To get $STG rewards, go to the “Farming” tab and choose a farm. Type in the amount of tokens you wish to stake and click “Get LP Token”. Approve the transaction in your wallet. To unstake, go to the “Unstake” tab, select the amount you wish to unstake and click “Remove”.

    3. Stake your STG tokens to receive $veSTG

      $veSTG is used for governance voting on Stargate. To stake your $STG, go to the “Stake” tab and choose the amount of $STG you wish to stake.

    4. Vote on governance proposals

      Click on “Vote on Snapshot” or go to Stargate’s Snapshot page. Connect your wallet by clicking “Join”. Check what proposals are up for voting and cast your vote.

    5. BONUS: Get Bungee, Socket, zkSync and LayerZero airdrops with Stargate!

      Use the Stargate route on Bungee to position yourself for potential Bungee, Socket, zkSync and LayerZero airdrops! Check here for our guide.

    Stargate Finance $STG 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: Stargate Finance has not confirmed a token airdrop yet. But they have passed a proposal to airdrop the Arbitrum ($ARB) tokens that were given to Stargate Finance to its users.

    Airdropped Token Allocation: 30.39% of their total STG token supply will be dedicated to future community initiatives. However, there is no mention whether any of that will be distributed through airdrops.

    Airdrop Difficulty: There is no announcement on Stargate Finance airdrops or their eligibility yet. However, to get an airdrop of the proposed Arbitrum ($ARB) tokens, users must hold $veSTG. This requires adding liquidity and staking- simple tasks for most airdrop enthusiasts.

    Token Utility: The $STG token is rewarded for adding liquidity to their pools.

    Token Lockup: Check the Stargate Finance documentation for information on token lockups.

  • Ethermail ($EMC) token airdrop guide: Free and simple!

    Ethermail ($EMC) token airdrop guide: Free and simple!

    Ethermail is a Web3 platform that provides anonymous, encrypted wallet-to-wallet communication and rewards its users for reading relevant content in their inbox. They have confirmed there will be a $EMC token, and an airdrop is very likely. Most importantly, by following our steps, you can join this airdrop for free! In this article, we will explain what Ethermail is and what you can do to position yourself for their potential airdrop.

    Ethermail ($EMC) Airdrop Step-by-step Guide

    1. Sign up for Ethermail.
    2. Provide a secondary email for backup.
    3. Read your emails.
    4. Invite your friends.

    For extra perks, you can also sign up with our code here!

    Click here for more details on how to position yourself for this airdrop!

    What is Ethermail?

    EtherMail is a Web3 platform that aims to provide anonymous and encrypted wallet-to-wallet communication. It is powered by blockchain technology and features end-to-end encryption on messages between users. EtherMail also rewards its users for reading relevant content in their inbox. EtherMail was founded by serial entrepreneurs Shant Kevonian and Gerald Heydenreich in late 2021. It is the only tool in the Web 3.0 space that allows web3 companies to send rich, relevant content directly to their asset holders based on blockchain-synced real-time information. (https://davidsinstruments.com/) In terms of investors, EtherMail has successfully raised US$4 million in a pre-Series A funding round led by Tim Draper and Draper Associates. 

    Does Ethermail have a token?

    EMC is the native token of EtherMail. EMC is currently given as a reward for using the Ethermail ecosystem. Eventually, $EMC can be converted to $EMT tokens. The conversion rate and the ability to convert will be announced at the time of token launch and will vary over time based on market conditions.

    How to Receive Potential Ethermail ($EMC) Token Airdrop?

    Here’s how to receive a potential Ethermail ($EMC) token airdrop:

    Time needed: 30 minutes

    1. Sign up

      Go to their website and click “sign up for free”.

    2. Connect your wallet

      Connect your wallet (MetaMask or WalletConnect) and sign the transaction to get 50 $EMC.

    3. Provide a secondary email for backup

      This will also give you an additional 200 $EMC!

    4. Read your emails

      This will give you 1 $EMC/mail with a maximum of 100 $EMC/month and 1000 $EMC per user in total.

    5. Invite your friends

      Invite your friends and get 250 $EMC for each new registered account!

    For extra perks, you can sign up with our code here!

    Sign up for Ethermail to get $EMC token airdrop

    Ethermail 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 Ethermail airdrop is already live!

    Airdropped Token Allocation: The tokenomics of their $EMC token are unknown.

    Airdrop Difficulty: This is one of the simplest airdrops we have done, and best of all, it is free!

    Token Utility: The $EMC token utility is unknown.

    Token Lockup: The $EMC token lockup period is unknown.

  • Pixels ($PIXEL) token airdrop guide: How to play?

    Pixels ($PIXEL) token airdrop guide: How to play?

    Pixels ($PIXEL, $BERRY) is an open-world MMO game backed by Animoca Brands that marries blockchain ownership with your progression and accomplishments. Every pixel, resource, and asset you acquire in the game is securely stored on the blockchain, ensuring true ownership and provable scarcity. You can gather resources, advance skills, and build relationships while exploring the story and quests woven throughout the Pixels Universe. Pixels will be launching its $PIXEL and $BERRY tokens, and there is hope they will eventually do a token airdrop. Here’s our Pixels ($PIXEL) token airdrop guide and how to play the game.

    What is Pixels?

    Pixels is an open-world MMO game built on the blockchain that marries blockchain ownership with your progression and accomplishments. It is a captivating, open-ended world of farming and exploration that is built one pixel at a time. You can gather resources, advance skills, and build relationships while exploring the story and quests woven throughout the Pixels Universe. The game is a mesmerizing blend of managing, creating, and exploring in a world that marries blockchain ownership with your progression and accomplishments . It aims to create a fun, easy-going, blockchain-backed game that will be the gateway for millions into web3.

    Key investors of Pixels include Animoca Brands, Untapped, PKO and OpenSea.

    Play Pixels for free

    What are the $PIXEL and $BERRY tokens?

    $PIXEL is a premium in-game currency in Pixels. It is used to buy items, upgrades, and cosmetic enhancements that are outside of the core gameplay loop of Pixels and it’s much harder to come by. The team at Pixels considers it analogous to GEMS from the game Clash of Clans. Players will not need this token to progress in the game – but if they want to show off a bit more, then they will.

    $BERRY is the primary in-game currency in Pixels. It is the main way for a player to progress and navigate through the game loop. This currency is a ‘soft currency’ – it is vital to core gameplay loops and it needs to be accessible and easily earned in-game. The primary of this currency in the game in its early stages will be through the in-game store. Players will be able to sell resources they generated to our in-game store to exchange their resources for $BERRY. (Ultram) The primary burn mechanism will be through purchasing in-game items that progress players further along our game loop. In-game items that unlock new industries, activities, areas, quests, and content. Players who do not own land will also need $BERRY to maintain their land.

    $PIXEL tokens can be used for the following in-game functions:

    • Mint new Land;
    • Temporarily boost energy;
    • Special items to place on land;
    • Speed up build times;
    • Temporarily boost players’ energy;
    • Unlock new skins;
    • Unlock XP and skill enhancers;
    • Unlock player pets;
    • Unlock new Crafting Recipes; and
    • Purchase merchandise in real life.

    Will there be a $PIXEL token airdrop?

    $PIXEL has not announced a token airdrop yet, or when it will actually launch the token. However, with the huge benefits and attention airdrops can bring to blockchain projects, it is likely that Pixel will want to do an airdrop to attract more users.

    How to receive potential Pixels ($PIXEL) token airdrop?

    1. Login with MetaMask

      Go to https://play.pixels.xyz/ and connect your MetaMask wallet.

    2. Design your avatar

      You can choose your avatar’s features such as eyes, hair etc.

    3. Pick a world

      Choose 1 of the 5 worlds and enter.

    4. Complete Barney’s tutorial

      Barney’s tutorial will give you a short walkthrough on how to plant seeds and grow berries.

    5. Complete quests

      Quests include talking to other villagers and helping them with tasks.

    6. Find and plant on farms

      Exit and go either left or right to find a farm. Plant your seeds on some empty land and water them. Remember to click the gate and “Bookmark” so you can return to the farm to harvest your Popberries at a later time. To return to Terravilla, click “Land and Bookmarks” on the top left hand corner, and then the bookmark icon.Farm in Pixel

    7. Obtain land

      Go to the PLOT computer and get land. You can either buy a mini speck, or buy/rent land from OpenSea.

    Pixel 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: Pixel will be launching its $PIXEL and $BERRY token. However, there are no further details on when this will be and if there will be a potential airdrop.

    Airdropped Token Allocation: There are no announcements on how much of its token supply would be allocated towards airdrops.

    Airdrop Difficulty: Preparing yourself for the Pixel airdrop essentially requires you to play their game. It is fun and most importantly, free.

    Token Utility: The $PIXEL token will be used in-game. So players of the game will ultimately benefit.

    Token Lockup: No information is given on this so far.

  • HMX ($HMX, $esHMX)token airdrop guide: Limited time only!

    HMX ($HMX, $esHMX)token airdrop guide: Limited time only!

    HMX is a decentralized perpetual exchange on Arbitrum that offers leveraged trading and market making with cross-margin and multi-asset collateral. The project will be launching 5 tokens- $HMX, $HLP, $esHMX, Dragon Points ($DP), and Trader’s Loyalty Credits ($TLC). HMX have also confirmed they will do an airdrop of its $esHMX tokens. Here is our guide on how to get the $esHMX airdrop.

    Learn more about the Arbitrum airdrop!

    What is HMX?

    HMX is a decentralized perpetual exchange that offers leveraged trading, leveraged market making, and rewarding incentive programs on Arbitrum. Here are some key features of HMX:

    • Leveraged trading: HMX offers leveraged trading on many asset classes with up to 1,000x leverage and cross-margin & multi-asset collateral support.
    • Leveraged Market Making (HLP Vault): Users can become market makers on HMX by depositing assets into HLP, a unique vault built on top of GMX’s $GLP token. As at July 2023, the HLP APR is at 38%, and GLP is at 15%. Also, the yields for HLP will never be lower than GLP because HLD also accrues yields from GLP.
    • Incentive programs: HMX offers rewards for its platform users. For example, Traders’ Loyalty Credit where for every $1 of trading volume, users will receive 1 $TLC. $TLC can then be staked to earn $HMX. HMX also offers rewards in $esHMX for keeping open leveraged positions and liquidity providers. The project also offers a referral program.
    HMX Exchange

    What are HMX tokens?

    $HMX token is the Governance token of HMX Protocol, it also accrues value from platform revenue. It has a total fixed supply of 10,000,000 tokens, of this, 40% is allocated towards community incentives. Community incentives however, will be distributed in the form of $esHMX (i.e. escrowed HMX). $esEMX cannot be traded unless it is first vested, but it does possess the same utilities as $HMX tokens.

    Meanwhile, users receive $HLP tokens by depositing their assets into the HLP vault, which provides liquidity for leveraged traders at HMX. Each HLP token represents a share of the ownership of assets within the HLP vault. Dragon Points ($DP) is designed to reward long-term supporters of HMX without creating inflation on the HMX tokens. $DP owners can stake them to earn a share of protocol revenue, which is split among staked $esHMX and $HMX. Finally, HMX users will receive 1 $TLC token for every $1 of trading volume. HMX rewards are distributed pro-rata to traders based on their TLC amount each week.

    HMX tokens and utilities
    HMX tokens and utilities (Source: Medium)

    Will there be an HMX token airdrop?

    HMX have announced 2 ways to qualify for the HMX token airdrop, either by completing campaigns on Zealy or to become a beta tester. The airdrop will run from 21st June 2023 to around mid to late July 2023. Note that HMX will be airdropping $esHMX tokens i.e. an escrowed version of $HMX. So users will need to vest $esHMX to convert the tokens into $HMX. Here’s how to qualify for the HMX token airdrop.

    Time needed: 25 minutes

    1. Complete airdrop campaigns on Zealy

      Go to HMX’s Zealy Questboard and complete the tasks. Tasks include social tasks, interacting with the HMX platform and answering quizzes. Note that the team will continuously update the tasks so it is a good idea to check back often for new ones.

    2. Become a beta tester on HMX

      Complete the following tasks on HMX to earn points, which will give you a larger share of the airdrop. Firstly, open a leveraged position on a (1) cryptocurrency market; (2) equity market; (3) FX market; and (4) commodity market. Secondly, make a deposit into the HLP liquidity pool.

      The total number of points earned will be calculated based on the combination of your transaction value and number of transactions.

    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: HMX have confirmed they will do an airdrop, which is now live!

    Airdropped Token Allocation: The allocation of $esHMX tokens to eligible participants (i.e. early Perp88 users, beta testers, and participants of Zealy campaigns) will be based on the cumulative trading volume of HMX achieved from now until one month after the Public Open Beta of HMX ends. The Public Open Beta is expected to end around mid-August.

    Airdrop Difficulty: HMX airdrop tasks are not difficult as they are mostly social tasks and opening positions in various markets. However, as it is an open beta, you will need to use real funds when trading.

    Token Utility: $esHMX tokens will be airdropped to qualifying participants. These will then need to be vested in order to become $HMX. Meanwhile, $HMX is the governance token of the HMX Protocol.

    Token Lockup: There will not be any lockup period for $HMX tokens.

  • iZUMi Finance ($iZi) Token Airdrop Guide: How to Earn 3x Airdrops with zkSync and Linea?

    iZUMi Finance ($iZi) Token Airdrop Guide: How to Earn 3x Airdrops with zkSync and Linea?

    iZUMi Finance is a multi-chain DeFi protocol that provides One-Stop Liquidity as a Service (LaaS). iZiSwap, a next-generation DEX on Multi-Chains, is now live on zkSync Era and provides concentrated liquidity AMM and generates extra income for your assets. iZUMi Finance have already confirmed they will do a $iZi token airdrop. iZUMi is in the zkSync ecosystem and partnered with other protocols such as Linea (ConsenSys zkEVM). Therefore, completing tasks for the iZUMi potential airdrop could also make you eligible for a zkSync and Linea airdrop too! Here’s our guide for a potential iZUMi Finance ($iZi) token airdrop.

    Check out our related token airdrop guides!

    iZUMi Finance ($iZi) Token Airdrop Step-by-Step Guide

    Here’s how to get a potential iZUMi Finance ($iZi) Token Airdrop:

    1. Swap $iZi tokens.
    2. Add liquidity.
    3. Earn iPoints.
    4. Complete Linea Voyage Week 8.

    Click here for more details.

    What is iZUMi Finance?

    iZUMi Finance is a multi-chain DeFi protocol that provides One-Stop Liquidity as a Service (LaaS). It helps liquidity providers earn additional liquidity mining rewards as well as trading fees on Uniswap V3. iZiSwap, a next-generation DEX on Multi-Chains, maximizes capital efficiency with the innovative Discretized-Liquidity-AMM model. iZUMi Finance also includes LiquidBox, a non-custodial solution for programmable liquidity mining on Uniswap V3 and iZiSwap.

    iZUMi Finance has already raised $27.6 million from well-known investors such as Bella Protocol, MEXC, and HashKey Capital. For Q3 of 2023, their goal is to enhance iZiSwap’s trading capabilities and establish the iZUMi partner ecosystem. In Q4, iZUMi intends to launch ZUMi DAO governance.

    iZUMi Finance

    What is the iZUMi Finance ($iZi) token?

    The iZi token is the utility token of the iZUMi Finance platform. It can be used to pay for cross-chain trading fees, incentive pool set-up, and v3Toolbox usage. Additionally, users can stake iZi tokens to acquire ve-iZi tokens. ve-iZi tokens allow holders to access benefits and participate in iZUMi platform governance.

    According to their tokenomics, 1% (20 million) of the total supply will be allocated towards airdrops. They will be distributed after listing on 21st December 2022. And will be reserved for iZUMi’s marketing campaigns. iZUMi Finance have also promised to distribute 50% of the tokens received from zkSync and Linea.

    How to get a potential iZUMi Finance ($iZi) token airdrop?

    Time needed: 1 hour

    1. Connect your wallet to iZUMi Finance

      Connect your wallet to https://izumi.finance/home. Note that since the iZUMi platform has already launched, you will need to real funds to interact with their platform.

    2. Swap $iZi tokens

      Click on iZiSwap, and “Swap” on the drop down menu. Make sure you have switched to one of their supported networks i.e. BNB-Chain, Aurora Chain, Arbitrum, zkSYync Era, Polygon, Meter, Ontology or Ultron. Choose which tokens you want to swap to and from, and the amount.

    3. Add liquidity

      Adding liquidity on iZiSwap allows you to share the zkSync airdrop rewards, so it is worth doing this step. To add liquidity, click on iZiSwap, and “Pools” on the drop down menu. Select the zkSync Era network from the drop down menu on the right. Then, choose the pool you wish to add liquidity to and click “Add Liquidity”. Choose your fee tier and the amount of tokens you want to add. Finally, click “Create”.

    4. Earn iPoints

      Connect your wallet to https://zksync.izumi.finance/iPoints. iZUMi Finance have confirmed they will share 50% of any potential zkSync token airdrops it may get in the future. Collecting iPoints, or iZiSwap Points will increase your share of this potential zkSync token airdrop. iZiSwap users on zkSync Era can receive iPoints for every swap & liquidity position added to eligible pools, and by completing weekly tasks on the “iPoints” page. Check here to see how many iPoints you can earn for completing specific tasks.

      You can check how many iPoints you have earned by connecting your wallet to https://zksync.izumi.finance/iPoints.

    5. Complete tasks for Linea Voyage week 8

      iZUMi Finance and Linea are collaborating for Week 8 of the Linea Voyage! Week 8 will run from June 26th, 2023 9am EST and run until July 4th, 2023 11.59pm EST. By doing actions on iZiSwap you will earn points for both the Linea airdrop and a share of Linea’s future airdrop to iZUMi Finance. iZUMi Finance confirms that they will distribute 50% of Linea’s future airdrop based on iPoints, and completing week 8 of the Linea Voyage will give you an additional 150 iPoints. You can complete tasks such as swapping Linea ETH to iZi tokens, setting limit orders, and adding liquidity. See here for a full tutorial.

    iZUMi Finance 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: iZUMi Finance has confirmed they will be allocating their $iZi tokens towards airdrops. iZUMi Finance has confirmed that they will receive 50% of any potential zkSync and Linea airdrops. The distribution to users will be based on the amount of iPoints earned.

    Airdropped Token Allocation: 1% or 20 million of the total supply of 2 billion $iZi tokens.

    Airdrop Difficulty: Users will need to complete swaps and add liquidity to pools to qualify for the potential airdrop. Also, as iZUMi Finance mainnet is already live, users will have to use real funds when completing the tasks.

    Token Utility:  The iZi token is used to pay for various fees on the iZUMi platform. You can stake it to acquire ve-iZi tokens, which enable you to participate in governance.

    Token Lockup: Sources suggest that there will not be a vesting or lockup period for the $iZi token.

  • Omni Network ($OMNI) Token Airdrop Guide: : Free hidden gem!

    Omni Network ($OMNI) Token Airdrop Guide: : Free hidden gem!

    Omni Network is a layer 1 blockchain built to connect all rollups. It empowers developers to build global applications that are available across all rollups and is secured through restaking Ethereum. The project has not announced a token or airdrop yet, but their testnet has recently opened. And projects KNOW that one way to get more users is through airdrops, so an Omni Network token airdrop is possible. Here’s our guide to an Omni Network ($OMNI) token airdrop.

    Learn more about Layer 2 scaling solutions.

    What is Omni Network?

    Omni Network is a blockchain technology that operates at layer 1 and connects all rollups. This allows developers to create global applications that work across all rollups and is secured by restaking $ETH.

    Omni Network has closed an US$18 million funding round with participation from Pantera Capital, Two Sigma Ventures, Jump Crypto, Hashed, The Spartan Group and others. They have also announced their core technology partner as Eigenlayer with first rollup teams including Arbitrum, Polygon Labs (creators of Polygon zkEVM), StarkWare Ltd (creators of StarkNet), Scroll ZKP and Linea. These projects also have their own airdrops, so maybe there is a chance of getting multiple airdrops in one?

    Does Omni Network have a token?

    Omni Network has not yet announced a token or airdrop but their testnet has recently become available. Their testnet allows people to stake testnet $OMNI, which is a strong hint that they may release an $OMNI token in the future. Also, there are currently some social tasks which can be completed, which may pave the way for an eventual airdrop.

    How to Get the Potential Omni Network Token Airdrop?

    Time needed: 30 minutes

    Omni Network has recently opened their testnet and set up some social tasks for users to complete. This may be a strong hint that Omni Network is preparing for an eventual token airdrop.

    1. Complete tasks on Galxe and claim your OAT

      Connect your wallet to Omni Network’s Galxe page. Follow their Twitter, join their Discord and like their Tweet. Then, claim your OAT, which will position you as an early user of Omni Network.

    2. Complete further tasks on Galxe to claim second OAT

      Connect your wallet to Omni Network’s Galxe page. To become an Omni Network Space User, follow their Galxe space. To complete the Optimism Transactors task, perform any transaction on the Optimism chain. Then, claim your second OAT, which will give you access to the Omni Network testnet.

    3. Get testnet tokens

      Go to the Omni Network testnet faucet, enter your wallet address and click “Fund”. The faucet is occasionally experiencing errors, so try again if this happens.

    4. Stake testnet $OMNI tokens

      Connect your wallet to https://farm.omni.network/ and follow the prompts on your wallet to add and switch to the Omni testnet network. Then, stake (deposit) your $OMNI tokens.

    5. Claim staking rewards

      Go to the “Claim” tab where you will see how much $MEME you have earned through staking $OMNI. Click “Claim Now” to claim your rewards.

    6. Complete tasks on questboard

      Go to Omni Network’s Zealy Questboard and complete the tasks. Tasks include following their social pages, inviting friends to join Omni and answering quizzes. Here are the answers to Onmi Network’s Zealy quiz: C, A, B, D, A, B, A, C, B, C, A, A, A, A, D.

    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: Omni Network has not announced a token or airdrop yet, but the availability of testnet $OMNI for staking on their recently opened testnet suggests the possibility of a future $OMNI token release and potential airdrop.

    Airdropped Token Allocation: There are no tokenomics yet.

    Airdrop Difficulty: The social tasks are simple. Also, there is only one feature on the testnet so far (staking) which is very user-friendly.

    Token Utility: There are no details of the token utility yet.

    Token Lockup: There are no tokenomics yet.

  • Hinman documents: Everything you need to know

    Hinman documents: Everything you need to know

    The Hinman documents are a collection of internal SEC messages concerning a speech given by former SEC Director William Hinman in 2018. These documents have been at the center of attention in the ongoing SEC v. Ripple lawsuit. In this article, we will explore the Hinman documents, their expected unsealing date, and their potential impact on the crypto market and XRP holders. We will also discuss why these documents are important for both the SEC v. Ripple case and the crypto industry as a whole.

    What are the Hinman documents?

    The Hinman documents relate to internal SEC messages concerning a speech given by former SEC Director William Hinman in 2018. In that speech, Hinman stated that cryptocurrencies like Bitcoin and Ethereum may initially be classified as securities. But, as they become more decentralized, can transition into something more similar to a commodity.

    Ripple requested these documents in discovery during their lawsuit with the SEC and received them on 21st October 2022. The SEC attempted to keep the documents sealed by claiming that they were not relevant to the case. However, on 16th May 2023, Judge Torres denied the SEC’s motion to seal and ruled that the documents were subject to public access.

    When will the Hinman Speech Documents be unsealed?

    The Hinman documents are expected to be unsealed on 13th June 2023.

    What can we expect from the Hinman documents?

    We can expect to see emails and comments made by Hinman, Valerie Szczepanik and SEC staff in relation to Hinman’s speech, as well as drafts of the speech itself. These documents will only have limited redactions.

    Would the Hinman documents refer to the XRP token?

    The Hinman documents may mention XRP because the SEC enforcement team was dealing with XRP in other matters around the same time Hinman’s speech was being drafted and commented on. Additionally, XRP ranked 2 or 3 in market capitalization following Bitcoin and Ethereum at that time. (Phentermine) So, XRP was definitely in the forefront of the SEC’s minds at the material time.

    Why are the Hinman documents important for crypto?

    The Hinman documents are important for the crypto industry because they talk about how cryptocurrencies could transition from securities to commodities. This means that the legal status of cryptocurrencies could change over time as they become more decentralized. This will have a significant impact on the future of cryptocurrency regulations. The outcome of the SEC’s case against Ripple could also set a legal precedent. This would in turn affect the entire crypto industry.

    Why are the Hinman documents important to the SEC v. Ripple case?

    The Hinman documents are important to the SEC v. Ripple case. Including all current and potential enforcement actions by the SEC against other crypto projects, exchanges, companies, and tokens. This is because the documents may contain comments suggesting that XRP does not satisfy all elements of the Howie Test. This implies that it is not a security for purposes of the Federal Securities Laws.

    Ripple CEO Brad Garlinghouse is anticipating the release of these documents, saying that they will be “well worth the wait”. This suggests Ripple expects the documents to contain information favouring Ripple and their contentions that XRP is not a security.

    Predictions on the likely outcome of the SEC vs Ripple lawsuit?

    There are predictions that there will be a 25% chance that Ripple will see an outright victory in the SEC vs Ripple lawsuit. Versus a 5% chance of an outright win by the SEC.

    What is the potential impact of the Hinman documents on the crypto market and XRP holders?

    The release of the Hinman documents could shed light on the SEC’s views on crypto. Especially as the SEC pursues its case against Ripple. The entire crypto industry is closely watching the case over whether XRP is a security. This is because it could set a legal precedent which would affect the entire industry. This ruling could also affect Ripple’s fair notice defense and the court could issue a summary judgment ruling soon. Some suggest that the court may even announce it before 30th September 2023. Therefore, the release of the Hinman documents could have an impact on the crypto market and XRP holders.

    Lawyer John Deaton is positive that the SEC vs Ripple lawsuit will be in Ripple’s favour. He also predicts that in such case, the prices of the XRP token may go up from US$2 to $10. As at 13th June 2023, the price of XRP is US$0.52.

  • Velocore ($VC) token airdrop guide: How To Get Second Airdrop?

    Velocore ($VC) token airdrop guide: How To Get Second Airdrop?

    Velocore ($VC) is a groundbreaking solution that synthesizes top-tier DEX methodologies into a novel, high-performance flywheel. It is the first ve(3,3) DEX on zkSync and aims to expedite and augment liquidity by incentivizing $veVC holders or procuring veVC to strategically reallocate emissions towards their liquidity pools. Meanwhile, Velocore have also announced their Velocore V2 will be launched on Linea, so there may be airdrop opportunities there too! Therefore, participating in a potential Velocore airdrop could also make you eligible for zkSync AND Linea airdrops too! This article will give you a step by step guide on how to position yourself for a potential Velocore ($VC) token airdrop.

    Learn how to get the potential zkSync airdrop and Linea airdrop!  

    Velocore airdrop step-by-step guide

    Here’s how to get a potential Velocore ($VC) token airdrop:

    1. Connect your wallet to the Velocore Questboard.
    2. Join Discord.
    3. Follow Twitter, like, reply and retweet to post.
    4. Tweet about Velocore.
    5. Visit Velocore’s Medium page and clap their article.
    6. Invite friends to Velocore.

    See below for more details.

    What is Velocore?

    Velocore is a groundbreaking solution that synthesizes top-tier DEX methodologies into a novel, high-performance flywheel. Velocore is built on zkSync Era, a Layer-2 protocol that uses ZK technology to scale Ethereum. Velocore’s aim is to provide users with a fast, secure, and efficient way to trade assets while minimizing transaction fees and slippage and supporting various protocols onboard for the zkSync era ecosystem.

    At the same time, Velocore is embarking on a new journey with Linea, a zkEVM layer 2 protocol developed by ConsenSys. This new venture will be independent from the current Velocore running on zkSync Era and will be based on the upcoming Velocore V2 system. The official launch of Velocore V2 on the Linea platform will take place after the full launch of the Linea Mainnet.

    Velocore already did an airdrop of POAPs to supporters when it launched on zkSync era with overwhelming success. Therefore, it is likely that Velocore may do another airdrop when Velocore V2 launches on Linea!

    Does Velocore have a Token?

    Velocore uses two tokens, $VC and $veVC, to manage its utility and governance. The protocol rewards liquidity providers through emissions using the ERC-20 utility token $VC. For governance, Velocore uses the ERC-721 governance token $veVC in the form of an NFT (non-fungible token). Any $VC holder can vote-escrow their tokens and receive a $veVC (also known as veNFT) in exchange.

    $VC tokens have a locking mechanism. The lock period for $VC tokens can be up to 4 years. The longer the lock period, the more $veVC tokens are received in exchange. The longer the vesting time, the higher the voting power and rewards for the $veVC holder.

    At launch, Velocore had an initial supply of 60m $VC and will allocate 7.5% of it towards supporting and rewarding its contributors. Check out Velocore’s Tokenomics for more details.

    Is there a Velocore ($VC) Token Airdrop?

    Velocore did an airdrop in April 2023 to celebrate its launch on zkSync. Those who were eligible received a POAP which allowed them to claim a maximum of 5,550 $VC. Now, Velocore is planning to launch Velocore V2 on Linea after the full launch of Linea Mainnet. Considering the success of their previous airdrop, it is likely that the team may do an airdrop to celebrate the launch of Velocore V2. So far, the team have hinted they will have a Galxe campaign and may have an initial product ready for the DeFi event in June 2023. Meanwhile, there are a few tasks you can do to prepare yourself. Here’s a step by step guide on how you can get started with a potential Velocore $VC token airdrop.

    Time needed: 25 minutes

    1. Connect your wallet to the Velocore Questboard

      Connect your wallet here.

    2. Join Discord

      On the Questboard, join Velocore’s Discord and click “Claim Reward”.

    3. Follow Twitter, like, reply and retweet to post.

      Follow Velocore Twietter, like, reply and retweet their post. Then, click “Claim Reward”.

    4. Tweet about Velocore

      Tweet about Velocore, paste the link to the Tweet on the Questboard and click “Claim Reward”.

    5. Visit Velocore’s Medium page and clap their article

      Visit the Medium page, clap at least one of their articles and click “Claim Reward”.

    6. Invite friends to Velocore

      On the Questboard, click “Invite” to generate your invite link (here’s ours!). Invite up to 1, 5, 10, 100 and 200 new members to the Questpage for XP points and additional Discord roles.

    Velocore Airdrop Questpage

    Velocore 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: Velocore is likely to do an airdrop as they have successfully done one in the past.

    Airdropped Token Allocation: Velocore will allocate 4.5 million $VC towards the ecosystem fund, and a part of this will go towards airdrops.

    Airdrop Difficulty: The project has not yet released full details about its airdrop rules. However, you can get started with completing the tasks on their Questpage. These are social tasks and do not require any funds.

    Token Utility: The $VC token is an ERC-20 utility token of Velocore used for rewarding liquidity providers through emissions.

    Token Lockup: There is no announcement on token lockup yet. The project stated that they will release $VC tokens allocated towards their ecosystem fund step by step a few days after launch.