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.

  • Morph token airdrop guide

    Morph token airdrop guide

    Morph is a cutting-edge Layer 2 solution built on Ethereum, combining optimistic rollups and zk technology to create scalable, secure, and user-friendly blockchain applications for everyday use. We are currently in Season 1 of Morph’s testnet airdrop campaign, which will end on 31st August 2024. Here’s our Morph token airdrop guide.

    Check out our step-by-step video guide!

    Morph L2 Testnet Airdrop Guide (Season 1 TIME SENSITIVE)

    What is Morph?

    Morph is like a supercharged version of Ethereum that makes blockchain apps faster, safer, and easier to use every day. At its core, Morph harnesses the power of rollup technology to enhance the blockchain experience, making it more accessible, efficient, and user-friendly for both developers and consumers. Here are its main features:

    • Modular Architecture: Morph’s adaptable and composable architecture fosters a flexible and interactive ecosystem, allowing Ethereum applications to migrate with minimal adjustments.
    • Optimistic zkEVM & RVP: Morph uses a hybrid rollup model that combines zkRollups and Optimistic Rollups, optimizing for efficiency, cost, and speed.
    • Efficiency and Cost Reduction: Morph ensures fast transaction execution and cost-effectiveness while maintaining decentralization.
    • Decentralized Sequencer Network: A pioneering network setup that addresses security concerns and ensures robustness at a Layer 1 level.

    Morph L2 has raised $20 million at over $110 million valuation.

    Will there be a Morph token airdrop?

    Morph is currently doing Season 1 of their testnet campaign, which will end on 31st August 2024. You will be rewarded with Morph Points for participating in their activities, and these points will be tallied at the end of the event. Morph Points will be redeemable for prizes, details of which will be announced soon.

    How to get the Morph token airdrop?

    Time needed: 1 hour and 30 minutes

    Morph is currently doing Season 1 of their testnet campaign. Here’s our guide on how to get the potential Morph token airdrop.

    1. Connect to Genesis Jungle

      Connect your wallet to the Genesis Jungle.

    2. Get Holesky ETH (testnet tokens)

      You can claim Holesky ETH: HERE, HERE, HERE or HERE.

    3. Get Holesky USDT (testnet tokens)

      To get Holesky USDT, join their Discord channel HERE. Go to the discord-faucet channel and type “/faucet [your wallet address]”. If you do not see your Holesky USDT balance you will need to add the following Morph Holesky USDT information to your wallet:

      Ethereum Holesky USDT address: “0xD6e9Cd5ef382b0830653d1b2007D5Ca6987FaA26”
      Morph Holesky USDT address: “0x9E12AD42c4E4d2acFBADE01a96446e48e6764B98”

    4. Start earning Morph points!

      There are 3 main ways to earn Morph points, which the team has promised will be redeemable for rewards. You can earn points until after the end of Season 1 of the testnet campaign, which ends on 31st August 2024. The 3 ways to earn Morph points are: interact with dApps, check in daily, participate in partner events. Details on how to get Morph points are set out below.

    5. Interact with dApps (Morph Bridge)

      Go to Morph bridge and connect your wallet. Bridge your testnet USDT from Holesky to Morph Holesky.

    6. Interact with dApps (BulbaSwap)

      Connect your wallet to BulbaSwap. Click on “Facuet” on the top of the page and get testnet ETH. Then, get other testnet tokens using their free testnet faucets. Afterwards, click on the “Swap” tab at the top of the page and swap your testnet tokens for another token. For example, if you have testnet ETH, you can swap it for USDT, WETH or UNI. Next, provide liquidity by clicking on the “Pools” tab and ” + Add V2 liquidity”. Choose your token pair, click “Approve” and “Supply”.

    7. Interact with dApps (Abra Finance)

      Connect to Abra Finance. Supply your USDT and enable it as collateral to borrow supported assets.

    8. Interact with dApps (Morpha.nft)

      Go to Morpha.nft and connect your wallet. Find and buy from any NFT collection, we found the panda ones to be the cheapest. Once you have bought your NFT, check in your dashboard to check your purchased NFTs.

    9. Interact with dApps (RapChain)

      Go to RapChain and connect your wallet. On the yellow bar on the left hand side, click the down arrow and select the latest Morph Round (currently the latest is Morph Round 6). Choose a Morph Ranger on the right-hand side and click “Rap & Win”. On the next page, enter some random words and click “Generate lyrics” to let the AI generator write the rap lyrics for you. Choose your voice and add a cover image

    10. Daily task

      Return to the Genesis Jungle and click “Voting power” on the top right hand corner. Click on the star to check in daily. Note that the first time you do this you will need to connect your Twitter and Discord accounts. Open the mystery box to see if you have earned any voting power. If you have earned voting power, scroll down and allocate your votes to the various dApps.

    11. Participate in partner events

      The only ongoing partner event are the Galxe tasks. To complete these tasks, go to Morph’s Galxe page and complete the Galxe tasks.

  • LogX Network($LOGX) token airdrop guide

    LogX Network($LOGX) token airdrop guide

    LogX Network ($LOGX) is a high-performance, on-chain trading platform designed for retail users, offering gasless trading, multi-asset support, and scalability across over 50 blockchain networks. They are currently doing an incentivised testnet with strongly suggests they may do a $LOGX token airdrop in the future. This is our LogX Network ($LOGX) token airdrop guide.

    Check out our step by step video guide!

    LogX Airdrop: HUGE Rewards on Multiple Chains (Including Testnet)

    What is LogX Network ($LOGX)?

    LogX Network ($LOGX) is an on-chain trading platform designed for decentralized finance (DeFi). It aims to outperform traditional centralized exchanges with high speed, security, and ease of use. Here’s a summary of LogX Network ($LOGX) and its main features:

    • Exceptional Performance: Processes over 30,000 transactions per second (TPS) with approximately 100ms latency.
    • Gasless Trading: Offers zero gas fees and one-click trade execution.
    • Multi-Asset Support: Supports a wide array of asset types, including derivatives, meme coins, and real-world assets.
    • Scalability: Built to scale across 50+ blockchain networks.

    LogX is backed by notable investors such as Coinabase Ventures, Sequoia Capital and Hashed Emergent.

    What is the LogX Network ($LOGX) token?

    $LOGX is the native token of the LogX Network. The $LOGX token is the native gas token of the LogX Network, it also grants governance rights and trading fee discounts to its holders. $LOGX token holders can also stake the token to earn network revenue share as well as $LOGX emissions.

    How to get the LogX Network ($LOGX) token airdrop?

    Time needed: 1 hour and 15 minutes

    Here is how to get the potential LogX Network ($LOGX) token airdrop

    1. Connect to LogX testnet

      Connect to the LogX testnet at https://testnet.logx.network/rewards

    2. Apply referral code

      Complete the first task by clicking “Apply referral code” and typing 6557F138. This will allow you to claim referral benefits. You can then also upgrade your Groot by clicking “Upgrade on the bottom of the page.

    3. Get faucet tokens

      To get faucet tokens, click on the task and “Tweet Now” to verify ownership. Then click “Claim” to claim Stablecoins from 6 different networks on LogX Network all at once.

    4. Trade on testnet

      Once you have your faucet tokens, click “Trade Now”. On the trading page, try out their trading functions and participate in their predictions market.

    5. Upgrade your Groot

      Click on the “Rewards” tab at the top of the page and “Upgrade” to upgrade your Groot once you have completed the tasks.

    6. Complete rewards tasks

      Complete other tasks on the Rewards page to further upgrade your Groot. Other tasks include trading on their perpetuals and prediction markets, as well as referring friends.

    7. Trade and Earn on LogX Pro and OG

      The main difference between LogX Pro and LogX OG is that LogX Pro only supports the following chains: Arbitrum, Optimism, Base and Ethereum. On the other hand, LogX Pro supports the remainder of the Ethereum Layer 2 chains.

    8. Trade on LogX OG

      To trade on LogX OG and earn rewards, connect to https://app.logx.trade/rewards and click “Trade Now”. Choose from 1 of the following supported networks: Mode, Blast, Mantle, Linea, Manta, X Layer, zkLink, Kroma, Fuse, Telos, Taiko.

    9. Trade on LogX Pro

      To trade on LogX Pro and earn rewards, connect to connect to https://app.logx.trade/rewards and click “Trade Now”. Choose from 1 of the following supported networks: Arbitrum, Optimism, Base.

    10. Provide liquidity

      Go to https://app.logx.trade/liquidity and select one of the following supported chains: Mode, Blast, Mantle, Linea, Manta, X Layer, zkLink, Kroma, Fuse, Telos and Taiko.

  • Gitcoin passport guide: How to get maximum points for airdrops

    Gitcoin passport guide: How to get maximum points for airdrops

    Gitcoin passport helps verify your identity online by collecting proof from different sources without sharing your personal information. Having a Gitcoin passport above a certain score is important because many protocols set it as a requirement to be eligible for their token airdrops. However, getting the required number of points (usually projects require 20 points) can be difficult and time-consuming. Here is our Gitcoin passport guide on how to get maximum points for airdrops.

    What is Gitcoin Passport?

    Gitcoin passport is an identity verification aggregator for Web3, allowing users to collect verifiable credentials, known as “Stamps,” from various authenticators while preserving privacy. Here are its main features:

    • Identity Verification: Gitcoin Passport serves as a Web3 identity verification aggregator, enabling users to gather verifiable credentials (called “Stamps”) from different authenticators. 
    • Privacy Preserving: It ensures user privacy by creating verifiable credentials without collecting personally identifiable information.
    • Versatile Applications: While designed to be application-agnostic, it is particularly useful for personhood proofs and organizational designs.
    • Web2 and Web3 Integration: Users can connect Stamps from both Web2 (e.g., Google, LinkedIn) and Web3 (e.g., Holonym, Civic) platforms.

    Why do you need Gitcoin Passport for airdrops?

    Many protocols and projects require you to have obtained a certain minimum score from Gitcoin passport in order to be eligible to receive their token airdrops. The main purpose of Gitcoin Passport is to combat against sybils, this is where people use multiple accounts to get airdrops, giving them an unfair advantage over others. Therefore, most projects will require users to have at least 20 points in order to qualify for their token airdrops.

    How to get maximum Gitcoin Passport points for airdrops

    Time needed: 2 hours

    Here is our guide on how to get maximum (at least 20) Gitcoin Passport points for airdrops.

    1. Get started

      Connect your MetaMask wallet to https://passport.gitcoin.co/. Newcomers will be asked to sign a transaction.

    2. Discord (0.52 points)

      Click “Connect” and “Verify” to connect your Discord account.

    3. Google (0.53 points)

      Click “Connect” and “Verify” to connect your Google account.

    4. LinkedIn (1.53 points)

      Click “Connect” and “Verify” to connect your LinkedIn account.

    5. Github (total 7.06 points)

      Click “Connect” and “Verify” to connect your Github account. You will receive 2.02 points for contributions on at least 30, 60, and 120 respectively, totaling 7.06 points. Contributions include committing to a repository’s default branch or gh-pages branch, creating a branch, opening or answering a discussion, proposing a pull request or submitting a pull request review.

    6. Ethereum activity (up to 16.04 points)

      Click “Connect” and “Verify” to allow Gitcoin to assess your engagement milestones and Ethereum activity metrics. Engagement milestones categorise users into 3 tiered levels based on their commitment and dedication: ETH Enthusiast (10.01 points), ETH Advocate (2 points) and ETH Maxi (2.01 points). On the other hand, Ethereum Activity metrics looks at the amount and duration of activities on the Ethereum network and awards points as follows: Spend more than 0.25 on gas (1 point), execute over 100 transactions (0.51 points), active on over 50 distinct days (0.51 points).

    7. NFT holder (up to 15.13 points)

      Click “Connect” and “Verify” to allow Gitcoin to assess your journey as an NFT collector and verify your NFT ownership. Gitcoin categorises users’ NFT collector journeys into 3 levels based on their engagement and size of their ERC-721 and ERC-1155 NFT collections: Digital Collector (10.03 points), Art Aficionado (2.03 points) and NFT Visionary (2.04 points). Meanwhile, NFT ownership verification requires you to hold at least 1 ERC-721 NFT for 1.03 points.

    8. Idena (up to 10.08 points)

      Idena is one of the more difficult verifications to complete as you need to wait to participate in their “validation ceremony”. These are simultaneous puzzle tests that happen at regular intervals that participants must complete to prove their humanity. You will be awarded points in 3 categories depending on how many times you have validated your identity by achieving a specified score on the tests: Newbie (6.03), Verified (2.03) and Human (2.03).

    9. GTC staking

      GTC staking allows you to boost the reputation of yourself and/or those you trust. When you stake GTC, the amount becomes locked until the specified lockup period ends. There are 2 GTC staking mechanisms: Self GTC Staking and Community GTC Staking. For Self GTC Staking, points are awarded on 3 tiers based on the amount of GTC staked: Bronze- 5 GTC (1.04 points), Silver- 20 GTC (2.04 points) and Gold- 125 GTC (3.04 points). Meanwhile, for Community GTC, points are awarded based on staking actions: Beginner Community Staker (1.51 points), Experienced Community Staker (2.52 points), Trusted Citizen (4.04 points).

    10. Gitcoin Grants (up to 7.56 points)

      The Gitcoin Grants stamp requires users to donate to grant rounds officially funded by Gitcoin i.e. Citizens rounds, GG18, GG19 etc. Points are awarded based on the minimum amount donated as follows: US$10 (0.52 points), US$100 (2.02 points) and US$1,000 (5.02 points).

    11. ZkSync (up to 5.62 points)

      Click “Connect” and “Verify” to allow Gitcoin to verify your zkSync Era transactions. Users are categorised into tiered levels as follows: Engagement Explorer (1.67 points), L2 Believer (1.67 points), zkSync Champion (1.67 points). Users can also earn the “Verified Transactor” status for transactions on zkSync Era that have achieved verified status (0.61 points).

    12. Guild membership and roles (up to 1.26 points)

      Joining and having Owner or Administrator roles in qualifying Guilds with more than 250 members allows you to earn points: Guild Admin (0.72 points), Guild Passport Member (0.54 points).

    13. Snapshot (0.84 points)

      Create a DAO proposal. Afterwards, get at least 1 account to vote on your DAO proposal.

    14. Gnosis Safe (0.82 points)

      To get the Gnosis Safe stamp, you need to create a Safe account on Ethereum at https://app.safe.global/welcome. Then, on the Gitcoin passport dashboard, click “Connect” and “Verify”.

    15. BrightID (0.8 points)

      Sign up for a BrightID account at brightid.org. Complete the video verification and get the BrightID app on your phone.

    16. Trusta Labs (0.51 points)

      Click “Connect” and “Verify” on Gitcoin, making sure that you are on the Ethereum network. This will allow Gitcoin to assess your on-chain activity.

    17. ENS domain (0.41 points)

      For the ENS domain stamp you will need to purchase or own an Ethereum domain. You can get an ENS domain at https://ens.domains/.

    18. Coinbase (16.04)

      Confirm your Coinbase verified ID, this however requires you to have a Coinbase account and complete their KYC process. This verification may not be worth completing if you do not already have and use a Coinbase account.

    19. Binance (16.02)

      Confirm your Binance Account Bound Token, this however requires you to have a Binance account and complete their KYC process. This verification may not be worth completing if you do not already have and use a Binance account.

  • Scroll Token Airdrop Guide: Beta Testnet LIVE NOW!

    Scroll Token Airdrop Guide: Beta Testnet LIVE NOW!

    Zero-knowledge rollups (ZK-rollups) could be one of the strongest performing sectors in 2023, as demand for Ethereum scaling solutions is increasing. As such, Scroll is another highly anticipated ZK-rollup project that has recently hinted at a token airdrop. On 3rd July 2024, Scroll completed the Curie upgrade to its mainnet. As the potential for ZK-rollups is massive this year, this is a good opportunity for you to earn free airdrop rewards.

    If you are interested in other trending ZK-rollup projects, zkSync and StarkNet should definitely be on your watchlist.

    Scroll Airdrop Step-by-step Guide

    Here’s how to position yourself for a potential Scroll airdrop:

    1. Add Scroll Alpha Testnet to MetaMask
    2. Claim Goerli ETH from Goerli Faucet
    3. Bridge Goerli ETH to Scroll L2
    4. Bridge Scroll L2 to Goerli
    5. Send ETH to another wallet using MetaMask
    6. Interact with Scroll Ecosystem
    7. Use Scroll Alpha on Aave
    8. Use Scroll Alpha network on SyncSwap
    9. Interact with Izumi Finance
    10. Perform swaps and add liquidity using Symbiosis
    11. Get Scroll Guild roles
    12. Collect the Scroll Origins NFT

    See below for more in-depth details!

    What is Scroll?

    Scroll is developing a ZK-rollup that is fully compatible with the Ethereum Virtual Machine (EVM). Their proving system supports the direct verification of an Ethereum block with a single, concise proof. This means much faster Ethereum transaction finality and less gas fees.

    How Does Their ZK-Rollup Work?

    The concept involves verifying the accuracy and completeness of each operation code in the EVM execution trace. As a result, layer-1 smart contracts can be easily transferred to Scroll. Instead of incorporating new ZK-specific features, they will take a different approach by supporting the native EVM with tailored optimizations. This gives them a significant advantage as they can work seamlessly with all existing Ethereum systems without the need for any modifications.

    Layer-2 Proof Outsourcing

    Scroll also aims to establish and standardize the outsourcing of layer-2 proofs, which streamlines rollup processes. They have created a strong outsourcing system that motivates rollers to produce zero-knowledge proofs for them. They will standardize this approach to accommodate a wider range of off-chain computations. This will create a new proof market.

    Another benefit for developers is that they can deploy complex contracts on Scroll without worrying about gas limits. This opens up many new possibilities for off-chain applications with on-chain proofs.

    Key Takeaway of Scroll’s Proof System

    Based on the two points mentioned above, Scroll is a hierarchical zero-knowledge proof system. The first layer will be optimized for prover efficiency, utilizing custom circuit optimization and hardware-friendly proving algorithms. The second layer will be optimized for verifier efficiency, featuring succinct proofs and verification algorithms that are compatible with the Ethereum Virtual Machine (EVM).

    This proof system has the potential to support larger programs than the EVM and offer additional features such as privacy, surpassing the capabilities of existing solutions.

    Who is the Team behind Scroll?

    Scroll is co-founded by Sandy Peng, Ye Zhang, and Haichen Shen. Peng has rich experience in business development, project strategy and data curation. On the other hand, Zhang and Shen are experts in computer science, open-source protocol engineering, and cryptography. Shen, in particular, previously worked for Amazon as a senior applied scientist on AI compilers.

    In April 2022, Scroll successfully raised $30 million in a Series A funding round led by Polychain Capital and Bain Capital Crypto, with participation from Robot Ventures and Geometry DAO. As of now, their team has at least 20 people across the globe who are experts in zero-knowledge cryptography and distributed systems on blockchain technology.

    Does Scroll have a Token?

    Scroll does not have a token yet. According to their roadmap published on Discord, they mentioned that they are creating an incentive mechanism to encourage participation in the network. They also have a Scroll Marks system which rewards participation and engagement in the Scroll ecosystem. This strongly indicates that there will be a token coming soon, and airdrops will be rewarded for early users.

    How to Get the Potential Scroll Token Airdrop?

    Here is our step-by-step guide on how to get the potential Scroll token airdrop

    1. Add Scroll Alpha Testnet to MetaMask

      Go to the Scroll Alpha Testnet portal, and add the L1 and L2 configurations to your wallet.

      Add the Scroll Alpha Testnet to Metamask- the network configuration details are here. If you have added the Pre-Alpha Testnet network before, you will need to remove it from your MetaMask before proceeding. Afterwards, reset MetaMask for Scroll’s L2.

    2. Claim Goerli ETH from Goerli Faucet

      In case you haven’t added the Goerli network to your MetaMask, you can do it via ChainList.

      Now, you will need Goerli ETH on your wallet. Request them at any Goerli faucets such as Alchemy or Goerli PoW.

    3. Bridge Goerli ETH to Scroll L2

      Use the Scroll Bridge to transfer testnet ETH tokens from Goerli Testnet to Scroll Alpha Testnet. The transaction will take around 10-15 minutes.

      You can check your transactions on the Scroll Rollup Explorer.

    4. Bridge Scroll L2 to Goerli

      While on the Scroll Alpha Testnet network, you can also do the reverse of step no.3 i.e. bridge your testnet ETH tokens back to the Goerli Testnet.

    5. Send ETH to another wallet using MetaMask

      Send ETH from one wallet to another on the Scroll Network using Metamask.

    6. Interact with Scroll Ecosystem

      Scroll has a large ecosystem of projects. Interacting with them generates on-chain evidence that can help you qualify for a potential airdrop. Some examples include Aave, Syncswap, Izumi Finance and Symbiosis (see below). Here’s a list of the Scroll ecosystem projects.

    7. Use Scroll Alpha on Aave

      Connect your wallet to Aave, then click the settings button on top right hand corner and turn on Testnet Mode. Then, click the down arrow on the left hand side and choose “Scroll Alpha” for the Aave Testnet Market. Finally, supply and borrow some tokens such as ETH, DAI, USDC and USDT.

    8. Use Scroll Alpha network on SyncSwap

      Connect your wallet to SyncSwap and choose the Scroll Alpha network on the top right hand side. Click on “Faucet” and “Claim now” to get testnet tokens. Note you will need ETH to cover gas fees. Perform some swaps on the “Trade” tab, add liquidity to some pools on the “Pool” tab and remove part of the liquidity.

      SyncSwap may also be doing its own $SYNC token airdrop! Learn more here!

    9. Interact with Izumi Finance

      Connect your wallet to Izumi Finance. On the “Swap” tab, swap between tokens such as ETH, USDT, WETH, USDC and IZI. Then, go to the “Pro” tab to access their exchange. On the exchange, make some limit orders. Finally, click on “Liquidity” and add liquidity.

    10. Perform swaps and add liquidity using Symbiosis

      Perform swaps on Symbiosis exchange. Also add liquidity to their Liquidity Pools. Remember to do this with Scroll tokens only! You can tell which tokens are Scroll tokens since they will have the 📜 emoji on them.

    11. Get Scroll Guild roles

      Go to the Scroll Guild Page. Connect your wallet, Discord and Twitter accounts. Complete the tasks to earn guild roles.

    12. Collect the Scroll Origins NFT

      Scroll Origins is an NFT mint launched by Scroll to celebrate their earliest builders. To be eligible, you must deploy a smart contract to Scroll Mainnet within 60 days of 10th October 2023 at 6:00am GMT. Then, you will be eligible for 1 of 3 NFTs based on the deployment date (before 9th and 24th November, and 9th December 2023 respectively). Your NFT will be a better rank if you deploy earlier! The Scroll Origins NFT can be claimed on the Scroll website from 15th December 2023 onwards.

      To deploy a smart contract to the Scroll Mainnet and be eligible for the Scroll Origins NFT, you must first bridge funds from Ethereum Mainnet to Scroll mainnet here (this is for gas fees when deploying the smart contract). Then, create your own token by going here and selecting the “ERC-20” tab. Choose a name and ticker symbol for your token. Under “Features”, select “Mintable” and at “Access Control” select “Ownable”. Then, click “Open in Remix” on the upper right-hand corner. On the new window, click on “Solidity Compiler” (the two arrows button on the left sidebar) and see if there is a green tick next to it. Afterwards, click the blue “Compile contract” button and the “Deploy and run transactions” button (this is the button showing the Ethereum logo with an arrow). Under “Environment” click on the drop-down menu and select” Injected provider-MetaMask”. Your MetaMask wallet will then pop up, log in and make sure you are on the Scroll Mainnet. Back on the webpage, paste your wallet address next to the “Deploy” button and click. Confirm the transaction when prompted to on MetaMask.

      To check you have correctly deployed the smart contract, go to https://scroll.io/developer-nft/check-eligibility and check your eligibility for the NFT. If you are eligible, you will be told so and asked to come back on 15th December 2023 to claim it.

      Here are the 3 Scroll Origin NFTs you can expect to get based on the smart contract deployment date: (1) Quintic: Before 9th November; (2) Quartic: Before 24th November; and (3) Cubic: Before 9th December.

    13. Participate in Scroll’s Session Zero

      To participate and be eligible for Scroll’s Session Zero, bridge $ETH or $wstETH via Scroll’s native bridge or STONE Bridge using LayerZero to Scroll. You will earn Scroll Marks for holding specified assets on Scroll. Those who have spent more than US$5 on gas on Scroll from 10th October 2023 to 29th April 2024 at 12:00pm UTC will also be eligible for Scroll Marks.

    14. Participate in Scroll’s Session One

      In Sroll Session One, participants earn Scroll Marks for depositing assets into specific DEX liquidity pools. For now, depositing into the ETH/USDC pool using the Scroll network on Ambient Finance and depositing into the pools on Nuri will make you eligible to earn Scroll Marks. Other eligible protocols for Scroll’s Session One include Izumi Finance, Syncswap, Oku Trade, Unisswap and Zebra. You will earn more Scroll Marks for liquidity deposits with tighter rangers or more market depth. Scroll has suggested you could get Scroll Marks faster by, for example, choosing LP positions that are more concentrated around the actual price. Also, LP positions with higher volatility such as ETH-USDC would accrue Scroll Marks faster than low/no volatility positions such as USDC/USDT.

    15. Mint a Scroll Canvas

      Scroll Canvas is a way to display your onchain credentials, status and achievements across the Scroll ecosystem. To mint a Scroll Canvas, connect your wallet to Scroll Canvas. Minting a Scroll Canvas requires a mint fee of 0.001 ETH, however you can enter our invite code TRQI1 to get 50% off the mint fee! Afterwards, choose your username and click “Mint my Canvas”.

    16. Earn Scroll Badges

      After you have minted your Scroll Canvas, click “Mint eligible badges” to collect the Scroll Badges you are already eligible to mint. To earn other Scroll Badges, click the “Badges” tab and then “Explore badges” for a list of other badges you can earn and their eligibility criteria. Here are some of the easiest Scroll Badges to earn: Ethereum Year Badge (At least 1 year old wallet), Scroll Origins NFT Badge (own Scroll Origins NFT), AlienSwap Badge (interact with AlienSwap), Pudgy Penguin Badge (Own a Pudgy Penguin NFT) and Unique Humanity Score Badge (have a Passport XYZ score of over 20).

    Scroll Badges List: Which is the easiest or most difficult?

    Scroll Badges are Badges you can earn by completing various tasks on the Scroll ecosystem. These Scroll Badges may play an important role in a potential Scroll token airdrop. Here is a list of the Scroll Badges you can earn ranked in order of difficulty from easiest to hardest:

    • Ethereum year badge: Free, shows off the year your wallet debuted on Ethereum
    • Scroll on Highlight commemorative mint badge: Free, go to the mint page and click “Mint now”.
    • XHS holder: Free, go to XHS and click “Genesis”, join their Discord and connect your Twitter.
    • Gitcoin Passport: Free, complete proof of humanity and get at least 20 points (level 1).
    • Trusta Labs Proof of Humanity: Free, complete and mint your proof of humanity on Linea Chain.
    • Omnihub: 0.000005 ETH, create one NFT collection through OmniHub to Scroll network.
    • XHS booster: 0.002 ETH, Go to XName and register a .scroll name.
    • ZNS domain badge: 0.002 ETH, register your ZNS domain name.
    • Scrolly: 50,000 $SCROLLY, go to Scrolly Name Service and mint a .scrolly domain name.
    • Symbiosis Swapper: US$10, do a minimum of $10 worth of swaps on Scroll
    • Symbiosis Beginner: US$10, bridge a minimum of $10 through Symbiosis to Scroll
    • Symbiosis Professional: US$100, bridge a minimum of $100 through Symbiosis to Scroll
    • Scroll Retro-Bridger: US$150, bridge 0.05 ETH or US$150 worth of stables via RetroBridge to Scroll.
    • Ambient Swapoor: US$500, make 1 or more single swaps on Ambient Finance for $500.
    • Symbiosis Whale: US$500, bridge a minimum of $500 through Symbiosis to Scroll
    • Ambient Filoor: US$500, have 1 or more filled limit orders on Ambient Finance valued over US$500.
    • Zebra: US$1,000, swap over US$500 and provide liquidity of over US$1,000.
    • Ambient Providoor: US1,000, make at least 1 LP positions on Ambient Finance valued over US$1,000.
    • Pencils P: 0.1 ETH, stake at least 0.1 ETH for a minimum of 28 consecutive days
    • Pencils S: 0.5 ETH, stake at least 0.5 ETH for a minimum of 28 consecutive days
    • Ambient Yeet: US$50,000, provide liquidity of over a “sizable amount” (rumoured to be US$50,000) in a single position on Ambient.

    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: Scroll has hinted they will create an “incentive network” to encourage participation on Scroll. They currently have a campaign where users can collect Scroll Badges which many speculate would position you for a potential airdrop.

    Airdropped Token Allocation: Scroll has not given any information on its token yet.

    Airdrop Difficulty: Scroll has not yet released details about its airdrop. However, there is a Scroll Badge campaign which many believe may lead to a potential airdrop.

    Token Utility: Scroll has not given any information on its token yet.

    Token Lockup: Scroll has not given any information on its token yet.

  • Zircuit ($ZRC) token airdrop guide: Season 2 strategy

    Zircuit ($ZRC) token airdrop guide: Season 2 strategy

    Zircuit ($ZRC) is a fully EVM-compatible zero-knowledge rollup that combines advanced infrastructure with zero-knowledge proofs to offer faster transactions, reduced fees, and enhanced security for web3 developers and users. They have just taken the snapshot for Season 1 of their $ZRC token airdrop, suggesting that there will be more airdrops to come! Here is our Zircuit ($ZRC) token airdrop guide.

    What is Zircuit ($ZRC)?

    Zircuit is a zero-knowledge rollup that combines advanced security and performance to enable faster, cheaper, and secure transactions on the Ethereum network. Here are some of its main features:

    • EVM-Compatible Zero-Knowledge Rollup: Zircuit combines zero-knowledge proofs with battle-tested infrastructure for faster transactions and reduced fees.
    • Security at the Sequencer Level: It monitors the mempool for malicious transactions, preventing their inclusion in blocks.
    • Ethereum Compatibility: Supports all major wallets and Ethereum dApps without needing new programming languages.
    • Cutting-Edge Performance: Uses proprietary proof aggregation technology for efficient and cost-effective transactions.

    In June 2024, Binance Labs announced an undisclosed investment in Zircuit, other investors include Pantera Capital and Dragonfly.

    Will there be a Season 2 of Zircuit ($ZRC) token airdrop?

    According to Zircuit’s documentation, 21% of their total token supply will be allocated towards airdrops and community awards, with 7% to be distributed in its Season 1 airdrop. Furthermore, their documentation clearly states that 14% of the total token supply will be reserved for “Future Airdrops & Community Rewards”.

    Zircuit ($ZRC) token allocation

    How to claim Zircuit ($ZRC) season 1 token airdrop

    At 4:00pm UTC on 7th July 2024, the snapshot for Zircuit ($ZRC) season 1 token airdrop was taken. Airdropped tokens were available for claim from 5th August 2025 onwards. However, the airdropped $ZRC tokens are not transferrable until their undisclosed token generation event. Meanwhile, here is a guide on how to collect season 1 of the Zircuit ($ZRC) token airdrop.

    1. Connect your wallet to the Zircuit airdrop claim page.
    2. Enter the invite code.
    3. Click “Claim ZRC”, accept and sign the transaction.
    4. Click “Add Zircuit and ZRC to your wallet”. Alternatively, add the $ZRC token contract address to your Metamask: 0xfd418e42783382e86ae91e445406600ba144d162

    How to get the Zircuit ($ZRC) token airdrop

    Time needed: 40 minutes

    Here is how to get season 2 of the Zircuit ($ZRC) token airdrop

    1. Join the Zircuit Mainnet Festival

      The Zircuit Mainnet Festival rewards users for transactions on the Zircuit network. For every 1 ETH spent on the network you will earn 125% $ZRC tokens. Higher level users can also earn up to 375% in locked $ZRC. Users can spend ETH on the Zircuit network by simply executing transactions such as transfers, deployments and interactions with dApps.

    2. Earn rolls

      Spending ETH for transctions on the Zircuit network also entitles you to earn rolls. Users earn 1 roll for every 0.01 ETH spent in gas fees. Every roll allows you to earn a reward and a chance at getting a super prize. To earn rolls faster, increase the gas spent per transaction by increasing the Base and Priority Fee on your wallet.

    3. Bridge ETH to Zircuit Mainnet

      To earn rolls on Zircuit, go to https://bridge.zircuit.com/ and bridge up to 1 ETH.

    4. Spend gas

      Any transactions on Zircuit requires ETH for gas, which will entitle you to $ZRC token rewards proportionate to the amount of ETH spent. Transactions on the Zircuit network include token transfers between wallets, deployments and interactions with dApps.

    5. Roll to earn rewards

      Go to http://festival.zircuit.com/ and click “Ready to Roll”. Note that it may take up to an hour for the rewards and rolls for the gas fees spent to show up on your account.

    6. Stake tokens

      Go to https://stake.zircuit.com/ and choose a protocol to deposit your assets with. Staking tokens allows you to earn staking APR, restaking APR, Eigenlayer Points, LRT points and Zircuit points. Note you can withdraw your staked tokens at any time and keep the points and yield already earned. This means you can also position yourself for a potential Eigenlayer token airdrop!

      Learn more: Eigenlayer ($EIGEN) token airdrop guide

  • StakeStone ($STONE) token airdrop guide

    StakeStone ($STONE) token airdrop guide

    StakeStone ($STONE) is an omni-chain Liquid Staking Token (LST) protocol that provides decentralized staking yields and liquidity to Layer 2s through its innovative Optimizing Portfolio and Allocation Proposal (OPAP) mechanism. They have a staking program where you can get rewards in 3 simple steps which can lead to a potential $STONE token airdrop, as well as airdrops for other projects such as Pencils Protocol. Here is our StakeStone ($STONE) token airdrop guide.

    Learn more about the Pencils Protocol token airdrop HERE

    What is StakeStone?

    StakeStone aims to enhance liquidity staking by combining mainstream staking pools, restaking pools, and a blue-chip DeFi strategy. Here is a summary of StakeStone’s main features:

    • Omni-Chain LST Protocol: StakeStone is designed to bring native staking yields and liquidity to Layer 2s in a decentralized manner.
    • Optimizing Portfolio and Allocation Proposal (OPAP): This innovative mechanism ensures full transparency for underlying assets and yields, optimizing staking yields automatically.
    • Multi-Chain Liquidity Market: Based on STONE, StakeStone’s native LST, it provides users with more use cases and yield opportunities.
    • LayerZero Integration: STONE is a non-rebase Omnichain Fungible Token (OFT) that supports seamless asset and price transfers across multiple blockchains.

    How to get the StakeStone ($STONE) token airdrop

    Time needed: 20 minutes

    Here is how to get the potential StakeStone ($STONE) token airdrop

    1. Connect to StakeStone

      Go to https://app.stakestone.io/u/stake and connect your MetaMask wallet. Make sure you are on the Ethereum network.

    2. Stake ETH

      Select the amount of ETH you wish to stake and click “Deposit”. You will receive $STONE tokens as a reward.

    3. Stake on StakeStone on Scroll

      Connect your wallet to https://poc.routerintents.com/apps/stakestone and deposit ETH to receive $STONE on Scroll.

  • Hyperlane token airdrop guide

    Hyperlane token airdrop guide

    Hyperlane is a universal, permissionless interoperability layer designed for the modular blockchain stack, enabling seamless communication and customizable security across different blockchain environments. They have recently raised US$18.5 million with a US$74 million valuation and there are rumours they will do a token airdrop. Here is our Hyperlane token airdrop guide.

    What is Hyperlane?

    Hyperlane is a universal interoperability layer designed for modular blockchain stacks. Here are Hyperlane’s main features:

    • Permissionless Deployment: It can be deployed by anyone to any blockchain environment, including layer 1, rollups, or app-chains.
    • Interchain Communication: Enables seamless communication between chains where Hyperlane is deployed.
    • Modularity: Offers interchain security modules that developers can configure for their application’s security needs.
    • Interchain Applications: Supports the creation of apps that operate across multiple blockchains, with pre-built examples like Warp Routes and Interchain accounts.

    How to get the Hyperlane token airdrop?

    Time needed: 1 hour

    Here’s how to get the potential Hyperlane token airdrop?

    1. Go to Merkly

      Go to https://minter.merkly.com/hyperlane.

    2. Bridge and mint NFTs on Merkly

      On Merkly, follow the steps to bridge and mint NFTs, in turn this will help you generate volume which would be helpful in any potential airdrop. Note you would want to avoid using Ethereum as a bridge because of the high gas fees. Some destination blockchains with low gas fees include Gnosis, Celo and Moonbeam. Fees are around US$1.1 to bridge 0.1 ETH on Merkly token bridge via Hyperlane.

    3. Get Celestia tokens ($TIA)

      Get Celestia ($TIA) tokens via swaps or from a centralised exchange such as Bybit or BingX. Note this will involve using real funds. Fund your Keplr wallet with Celestia ($TIA) tokens.

      Sign up for Bybit or BingX to enjoy extra benefits!

    4. Connect wallet to Hyperlane NEXUS

      Connect your Metamask and Keplr wallets to https://www.usenexus.org/

    5. Bridge Celestia ($TIA) tokens to Arbitrum

      Select Celestia as the “From” chain and Arbitrum as the “To” chain. Then bridge your Celestia ($TIA) tokens.

    6. Bridge Celestia ($TIA) tokens to Neutron

      Select Arbitrum as the “From” chain and Neutron as the “To” chain. Then bridge your Celestia ($TIA.n) tokens.

    7. Bridge Celestia ($TIA) tokens to Manta

      Select Neutron as the “From” chain and Manta as the “To” chain. Then bridge your Celestia ($TIA.n) tokens.

    8. Swap to Renzo staked ETH ($ezETH)

      Go to supported exchanges such as Balancer, Uniswap or Pancakeswap to swap your ETH or other tokens to Renzo staked ETH ($ezETH).

    9. Use Renzo Protocol with Hyperlane

      Connect your wallet to https://renzo.hyperlane.xyz/ and bridge your $ezETH tokens to Arbitrum or other blockchains. Repeat this process every few days.

    10. Add Celestia ($TIA.n) liquidity on Arbitrum

      Connect your wallet to https://traderjoexyz.com/arbitrum/trade and select the Arbitrum network on the top right-hand corner. Swap some tokens to bridged TIA ($TIA.n) tokens.

    11. Add liquidity to TIA.n/ETH pool

      Go to the “Pool” tab on the top left-hand corner. Click on the TIA.n/ETH pool and add around US$10-$20 worth of liquidity.

    12. Bridge tokens with bridges approved by Hyperlane

      Here is a list of token brdiges approved by Hyperlane, it is likely that using these bridges would make you eligible for any potential token airdrop: Nexus, Nautilus Chain, Injective, Skip:Go, Superform, Merkly, Mitosis Expedition, Forma, Renzo.

  • CertiK token airdrop guide: Airdrop confirmed!

    CertiK token airdrop guide: Airdrop confirmed!

    CertiK is one of the leading smart contract auditors in the web3 space, providing a comprehensive suite of tools to secure the industry at scale. CertiK has just released its CertiK Skynet Quest which potentially could lead to an eventual token airdrop. Here is our CertiK token airdrop guide.

    Learn more about CertiK and its ecosystem!

    What is CertiK?

    CertiK is a leading smart contract auditor, providing a comprehensive suite of tools for the Web3 industry. Founded in 2018 by professors from Columbia and Yale, CertiK pioneers blockchain security using best-in-class Formal Verification and AI technology to safeguard blockchains, smart contracts, and Web3 apps. They are trusted by major exchanges like Binance, OKEx, and Huobi for auditing projects built on Ethereum, BNB Chain, Polygon, and other Layer 1 blockchains. Their mission is to ensure provable trust for all, with a focus on analyzing and monitoring blockchain protocols and DeFi projects.

    CertiK has successfully raised over US$141 million from top tier funds such as Binance Labs, Sequoia and Coinbase Ventures.

    How to get the CertiK token airdrop?

    Here’s our guide on how to get the potential CertiK token airdrop

    1. Sign up on CertiK Skynet Quest

      Go to CertiK Skynet Quest and sign up for an account using your email address.

    2. Set up account

      Go to https://skynet.certik.com/my/profile and edit your profile. Link your Twitter account and connect your Metamask wallet.

    3. Complete daily tasks

      Go to https://skynet.certik.com/quest/daily-task and click “Claim” to get your first 1 gem and 10 XP points. Complete the daily tasks which refresh every 24 hours. Tasks include daily logins, browsing projects, voting and reading Pulse insights. Remember to return to the Daily Tasks tab after completing each task to claim your gems and XPs.

    4. Browse projects

      To browse the projects on the platform, click on the ‘Go’ button to discover and browse different projects.

    5. Vote for CertiK services

      Vote for free CertiK services by clicking “Go” and selecting a protocol or project rather than a chain. Once inside, scroll down and click “Vote Now”.

    6. Read Pulse insights

      To read Pulse insights, go to https://skynet.certik.com/pulse. Click “Mark All As Read”, then return to the Daily Tasks tab.

    7. Monitor your gems, hearts and XP

      Go to your profile to monitor your gems, hearts, and XP. Gems can be exchanged for virtual rewards, hearts regenerate every 60 minutes if lost during quizzes, and XP levels up for access to higher reward quests.

  • Parcl ($PRCL) token airdrop guide

    Parcl ($PRCL) token airdrop guide

    Parcl is a perpetuals exchange built on Solana for real estate synthetics. LPs provide liquidity for cross-margined trading on various real estate markets, earning trading fees and taking on trader PnL. Recently, Parcl completed season 1 of their Perpetual Points Program (PPP), rewarding eligible users with over 11.5 million $PRCL tokens. Season 1 vesting is now underway and you can also prepare for season 2 of the Perpetual Points Program. Here is our Parcl ($PRCL) token airdrop guide.

    What is Parcl?

    Parcl operates as a perpetual decentralized exchange (DEX), providing real estate index markets for speculation and hedging. It incorporates enhanced liquidity provision, flexible governance, and risk management features inspired by Synthetix perps. Here are Parcl’s main features:

    • Perpetuals DEX: Parcl is a decentralized exchange for perpetual contracts. Its focus is on real estate index markets for speculation or hedging.
    • Liquidity Provision: Parcl offers scalable liquidity provision with a single collateral and LP pool per exchange. LPs underwrite trades and earn fees.
    • Risk Management: The protocol includes features to maintain market balance, such as funding costs, margin requirements, and price impact adjustments.
    • Governance: Settings can be adjusted by protocol admins or a DAO to respond to market conditions and user behaviors.

    What is the Parcl token airdrop?

    Parcl has community allocation (airdrop) of its $PRCL tokens known as the Perpetual Points Program. The first allocation has been completed and the second allocation announced. Season 1 of Parcl’s Perpetual Points Program allocated 60 million $PRCL tokens, i.e. 6% of its total token supply. The distribution of the $PRCL token includes a vesting and streaming component. There are 3 streaming schedules in total. This is determined by the amount of $PRCL tokens staked on or before 11th July 2024 at 00:00 UTC. Here is a summary of the eligibility criteria for the 3 streaming schedules.

    • Schedule 1: To be eligible users must stake at least 50% of their PPP Season 1 allocation. Schedule 1 period started on 1st July 2024 and will end on 29th September 2024. The remainder will fall into schedule 2 in a pro-rata fashion. To stream entirely in schedule 1, a user must stake 100% of their PPP S1 allocation. 
    • Schedule 2:  If a user staked at least 50% of the token allocation but not 100%, the remaining tokens are categorized under Schedule 2. For users who did not stake the full PPP S1 allocation, the remaining distribution not streamed in Schedule 1 will be distributed from 1st October 2024, to 30th November 2024.
    • Schedule 3: If a user does not stake at least 50% of the tokens they were eligible to receive via PPP S1, all tokens they are eligible to receive will be streamed from 1st December 2024 to 31st December 2024.

    Season 2 of the Perpetual Points Program is scheduled to run for the remainder of 2024.

    How to get the Parcl token airdrop?

    Here’s our guide on how to get the potential Parcl ($PARCL) token airdrop

    1. Get Parcl ($PRCL) tokens

      You can get Parcl tokens by claiming your Season 1 allocation. Or you can purchase it on exchanges such as OKX or Kucoin.

    2. Connect to Parcl

      Connect to https://app.parcl.co/ with either your Metamask, OKX or Phantom wallet.

    3. Delegate your $PRCL tokens

      Delegate your $PRCL tokens to a staking pool, which is a group of validators that have combined their Parcl tokens. They do this so they can get a higher chance of validating transactions and earning rewards. You can also set up your own validator. However, this can be quite complicated and may require some technical knowledge.

    4. Validate transactions on the Parcl network

      Once you have confirmed the transaction on your wallet, you will automatically validate transactions on the Parcl network. You will receive $PRCL tokens as a reward.

  • Juice Finance ($JUICE) token airdrop guide

    Juice Finance ($JUICE) token airdrop guide

    JUICE Finance is a Cross-Margin DeFi application on the Blast ecosystem, offering innovative lending capabilities and composable leverage to optimize yield and point farming activities. Juice Finance is currently in season 3 of its rewards campaign. Participants can also earn points and rewards for other potential airdrops such as Blast too! Here is our Juice Finance ($JUICE) token airdrop guide.

    What is Juice Finance ($JUICE)?

    Juice is a lending protocol where users can borrow up to 3x their collateral for popular DApps in the Blast ecosystem. Here are the main features of Juice Finance:

    • Cross-Margin DeFi App: Juice Finance is a DeFi application offering cross-margin lending on the Blast ecosystem’s Layer 2 infrastructure.
    • Innovative Lending: It introduces cross-margin lending using Blast’s native rebasing tokens (ETH, WETH, USDB) with gas refund mechanics.
    • Maximized Yield: The platform enables users to leverage their collateral up to 3x for yield and point farming within the Blast ecosystem.
    • Asset Bridging: Users are recommended to use the BLAST bridge for asset transfers within the ecosystem.

    Juice Finance aims to optimize users’ yield farming and provide opportunities for both lenders and borrowers in the DeFi space.

    What is the Juice Finance ($JUICE) token?

    Juice Finance has a native token known as $JUICE. It serves as a governance token, allowing holders to participate in protocol decisions and future developments. In the future, the Juice DAO will have the ability to consider incorporating buy-back and burns using a portion of the protocol fees. Additionally, they can enhance capital efficiency across Juice by providing access to additional leverage, enabling LP staking, and granting early DeFi vault access, among other possibilities.

    How to get the Juice Finance ($JUICE) token airdrop?

    Time needed: 50 minutes

    Here’s on guide on how to get the Juice Finance ($JUICE) potential token airdrop.

    1. Connect to Juice Finance

      Connect your wallet to https://app.juice.finance/. Make sure you are on the Blast network. Note that Juice Finance has already launched its mainnet, so completing the potential airdrop tasks will involve using real funds.

    2. Earn as Lender

      On the dashboard, click “Deposit to earn as a Lender”. Lend $USDB or $WETH to earn yield.

    3. Earn as Borrower

      On the dashboard, click “Deposit to earn as a Borrower”. Follow the steps to create a sub-account. Lend $USDB or $WETH to earn yield.

    4. Deposit into Vaults

      Click on the “Vaults” tab on the top bar. Select a vault and deposit $WETH. Each vault would say what rewards you will earn i.e. Renzo Points, Eigenlayer Points, Juice Points Blast Points and/or Blast Gold. Therefore, by depositing into vaults, you can position yourself for other potential airdrops too! If you need, use the feature on the page to wrap or unwrap your $ETH.

      Check out our Blast token airdrop guide!

    5. Fund wallet with $JUICE

      Swap tokens for $JUICE or buy from exchanges such as Gate.io or Thruster.

    6. Stake $JUICE

      Click “Stake” on the top bar. Deposit $JUICE and $WETH and click “Provide Liquidity” in order to earn the JUICE/WETH LP token. Then, stake your JUICE/WETH and select the staking duration. You will get point multipliers for longer staking durations. Liquidity providers are also eligible to earn Juice Staking Points, Juice Points, Blast Points (via the multiplier), Thruster Points and Thruster Blast Gold, and Hyperlock Points and Hyperlock Blast Gold.

  • Blast token airdrop guide: Phase 1 claim now open!

    Blast token airdrop guide: Phase 1 claim now open!

    Blast refers to itself as the only Ethereum L2 with native yield for ETH and stablecoins. Blast is created by Pacman, who shot to fame in the NFT, airdrop and cryptocurrency scene through creating Blur. Blur is an NFT marketplace on Ethereum that now has over 333,000 users and $7 billion worth of NFTs being traded. They also distributed the 5th largest airdrop in Ethereum history. So any new project or airdrop backed by the creators of Blur is going to be highly anticipated. What’s more, Blast has already come right out of the gate with a confirmation that they WILL be doing an airdrop. Here’s our Blast airdrop token guide so you can know all the tips and strategies to get maximum Blast Points!

    To learn more about Blur, check out our Blur Airdrop Guide

    What is Blast?

    Blast leverages Optimistic rollup to scale Ethereum and support various types of Dapps, including DEXs, lending, derivatives, NFTFi, and SocialFi. In addition, Blast allows you to stake your funds on Layer 1 protocols and automatically return the rewards to your Layer 2 account. This means that you can increase your funds without any effort. Simply deposit your assets into Blast and watch them grow over time. Blast is a revolutionary platform for the Layer 2 space, combining scalability and profitability to provide the best of both worlds.

    Blast is created by Pacman, who created Blur. One of the leading NFT marketplaces in this space. Blast has also raised US$60 million from investors such a Paradigm, Primitive Ventures, eGirl Capital and others.

    Blast platform

    Features of Blast

    Here are some features of Blast which makes them unique:

    Based on the information on this website, some of the unique features of Blast are:

    • Native yield for ETH and stablecoins: Blast offers a baseline interest rate of 4% for ETH and 5% for stablecoins, which is higher than other L2 solutions that offer 0% or lower rates. This means your assets grow over time on Blast.
    • Blast Points: Blast rewards early adopters with Blast Points, which can be redeemed for various benefits and features on the platform. The amount of points depends on the volume of assets bridged and the number of users invited to Blast.
    • EVM compatibility and user experience: Blast is an optimistic rollup that is compatible with the Ethereum Virtual Machine (EVM), which means users can enjoy the same familiar user experience as on Ethereum, without sacrificing speed or security.

    Will there be a Blast token airdrop?

    Blast airdrop is LIVE NOW. And there will be a Phase 2 airdrop coming soon!

    How to get maximum Blast Points? Tips and strategies

    Here’s our guide some tips and strategies on how to get maximum airdrop of Blast Points:

    1. Get invited to Blast: You NEED to use an invite code in order to sign up for Blast. Here are some FREE invite codes you can use! blast.io/PGPFY
      blast.io/IEKAO
      blast.io/GXQL4
      blast.io/7PXI7
      blast.io/TGI0H
    2. Connect to Blast: Connect your Twitter and wallet to Blast and join their Discord server.
    3. Bridge more assets to Blast: The more ETH and stablecoins you bridge to Blast Layer 2, the more points you earn. You can bridge ETH, USDC, USDT, or DAI to the platform. Note however that you can only withdraw from the bridge after the Blast Mainnet launches in February 2024.
    4. Get a .blast domain: Blast Domains have confirmed they will do a $BD token airdrop to .blast domain holders. To get a domain, connect your wallet to their site, click “Domains” and search for an unpurchased domain. Domains cost 0.08 ETH per year.
    5. Invite your friends: You can earn additional points by inviting your friends to join Blast and bridging their assets to the platform. Share your invite link on social media and you will be rewarded when friends join and also bridge assets.
    6. Get Blast Gold Distribution 1: To receive the Blast Gold distribution 1 (4 million Gold to winners and 6 million Gold to Mainnet Dapps), eligible Dapps must integrate the Blast Points API and have a configured points operator, both of which should be documented on their official website. Click HERE for more details.
    7. Get Blast Gold Distribution 2: To be eligible for the Blast Gold distribution 2 (10 million Gold to be distributed), Dapps must integrate the Blast Points API and configure a points operator, both of which should be documented on their official website. Eligible Dapps will receive a pro-rata share of the 10 million Gold based on their final weights determined by the Category Weight x Blast-native Weight x Dapp Weight x Incentive Weight formula.
    8. Get Blast Gold Distribution 3: To receive a portion of the 15 million Gold distribution from Blast, Dapps must be live on Mainnet and have integrated the Blast Points API with a configured points operator, both of which should be documented on their official website. Eligible Dapps will be weighted and awarded Gold pro-rata based on their category, exclusivity to Blast, on-chain traction, and other criteria, with a special form to be completed for the distribution.
    9. Get Blast Gold Distribution 4: To receive a portion of the 10 million Gold from the fourth distribution in the Blast ecosystem, Dapps must be live on Mainnet and have integrated the Blast Points API, with their public documentation reflecting the configured points operator. Eligible Dapps will be allocated Gold based on a weighted formula considering their category, exclusivity to Blast, on-chain traction, and effectiveness in distributing gold to users.
    10. Get Blast Gold Distribution 5: To receive a portion of the 10 million Gold from the fifth (and final) distribution ahead of the Blast airdrop, Dapps must be live on Mainnet and weighted according to a specific formula involving Category Weight, Blast-native Weight, Dapp Weight, and Incentive Weight. Eligible Dapps should complete the provided form with a contract address that has the Blast Points API integrated and the configured points operator, both of which must be publicly documented on the official website.

    How to get Phase 2 of the Blast token airdrop

    Time needed: 40 minutes

    10 million $BLAST has been allocated to Phase 2 of the airdrop which ends in June 2025. 50% of Phase 2 rewards are allocated to Blast Points and the remainder to Blast Gold. Here’s our guide on how to get Phase 2 of the Blast token airdrop.

    1. Claim Phase 1 airdrop

      Claim your $BLAST tokens from Phase 1 of the token airdrop. For a detailed guide, see the below section. To see your $BLAST token balance, locate the Blast token address HERE and add the token to your wallet.

    2. Earn Blast Points

      Go to the Blast airdrop page HERE where you can see how much has been bridged to Blast already. To bridge more to Blast, click “Bridge More”. Then deposit tokens to Blast L2. You can choose between DAI, ETH, stETH, USDC, Tether, WETH and WBTC. Bridging to Blast allows you to earn Yield and Points. You will earn Blast Points automatically every block based on your token balance. Note there is a 14-day withdrawal period for withdrawing tokens from Blast.

    3. Earn multipliers

      You can earn point multipliers by using specific highlighted Dapps. To use the Dapp, simply submit a transaction that interacts with the highlighted Dapp.

    4. Earn Blast Gold

      50% of Phase 2 rewards will be allocated to Blast Gold. The difference between Blast Gold and Blast Points is that Blast Gold is for Dapps and is distributed manually. The Blast team will distribute Blast Gold every 2-3 weeks.

    How to claim Blast Phase 1 token airdrop

    Blast has opened up its Phase 1 token airdrop claim! Note you only have 30 days from 26th June 2024 to claim the airdrop. Here’s how to claim the Blast Phase 1 token airdrop:

    1. Go to the Blast website and click “Claim Phase 1 Airdrop”.
    2. Sign in by connecting your MetaMask or WalletConnect wallet.
    3. Click “Claim Airdrop” and watch the video.
    4. Click “Tweet to claim airdrop”.
    5. Download the Blast App.
    6. Open the Blast mobile app and enter the codewords onto your PC.
    7. On the Blast mobile app, allow notifications and click “Done”.
    8. Click “Claim now”.

    Blast 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: Blast’s airdrop is now LIVE. Phase 1 is available to claim for 30 days from 26th June 2024. Phase 2 of the airdrop is ongoing and will end in June 2025.

    Airdropped Token Allocation: 50% of the $BLAST token supply i.e. 50 billion, will be reserved for the community and distributed via incentive campaigns. 14 billion $BLAST (14% of the token supply) will be distributed in Phase 1 of the airdrop. 10 billion $BLAST will be distributed in Phase 2.

    Airdrop Difficulty: Blast airdrop is not difficult at all. Users simply need to bridge assets to Blast and invite friends.

    Token Utility: The $BLAST token is used for governance. Token holders can propose and vote on Blast Improvement Proposals (BLIPs). They can also make adjustments to various network parameters.

    Token Lockup: The $BLAST tokens allocated to the community will unlock linearly over 3 years from TGE.

  • Yaka Finance ($YAKA) token airdrop guide: Fairest airdrop!

    Yaka Finance ($YAKA) token airdrop guide: Fairest airdrop!

    Yaka Finance ($YAKA) is the native liquidity engine of Sei Network. They have already confirmed details of their airdrops (yes, multiple airdrops!). Most importantly, from our research, it is going to be a fair token allocation to all community members! Here is our Yaka Finance ($YAKA) token airdrop guide.

    Learn more about the Sei Network token airdrop HERE

    Check out our Yaka Finance ($YAKA) token airdrop guide

    Yaka Finance v2 Testnet Airdrop (1 DAY LEFT)!

    What is Yaka Finance ($YAKA)?

    Yaka Finance ($YAKA) is Sei Network’s native liquidity engine. Here are some features of Yaka Finance:

    • A liquidity hub within the SEI ecosystem: Yaka Finance aims to integrate the liquidity flywheel of VE (3,3) with a launchpad, creating an optimal environment for SEI trading and attracting protocol participation.
    • A DEX with NFT utility: Yaka Finance introduces Yaka Voyager NFTs, which offer minters and stakers a share of the YAKA token airdrops and the DEX trading fees, aligning them with the long-term vision of Yaka Finance.
    • A winner of the Code Sei Hackathon: Yaka Finance secured 1st place in the “Code Sei: Powering New Gaming and Defi Exchanges” Hackathon and received grants from the ecosystem, demonstrating its innovation and competitiveness.
    • A protocol with a revenue-sharing model: Yaka Finance designs its NFTs to optimize minting quantities and incentivize early supporters, as well as allocating 50% of the funds raised for liquidity and liquidity incentives.

    What is the Yaka Finance ($YAKA) token?

    Yaka Finance’s native token is known as $YAKA. They also have a $veYAKA token. $YAKA will be Yaka Finance’s utility token, whilst $veYAKA will be their governance token in the form of an NFT.

    The YAKA token has the following uses:

    • Liquidity provision: Users can earn $YAKA tokens by providing liquidity to the protocol’s pools.
    • Governance participation: Users can lock their $YAKA tokens for up to 2 years and receive $veYAKA tokens, which are NFTs that represent voting power and access to protocol revenue.
    • Gauge voting: Users can use their $veYAKA tokens to vote for gauges, which are pools with dynamic rewards based on weekly allocation. Users can also receive bribes from third parties for their votes.
    • Revenue claim: Users can claim their share of the trading fees and bribes from the gauges they have voted for after each epoch, which lasts for 7 days.
    • Lockup: You can lock up 100 $YAKA for 2 years to become 100 $veYAKA. Meanwhile, 100 $YAKA can be locked up for 2 years to become 25 $veYAKA.

    On the other hand, the $veYAKA token has the following uses:

    • Protocol revenue access: $veYAKA token holders can vote for gauges every week, and access 100% of the trading fees and the bribes for the associated pool.
    • Governance participation: $veYAKA holders can participate in governance and cast votes for the protocol improvement proposals.
    • Voting benefits: $veYAKA voters can receive trading fees generated by the pool(s) they vote for, bribes deposited for the pools they vote for and weekly $veYAKA distribution.

    How to get Yaka Finance ($YAKA) token airdrop?

    Yaka Finance ($YAKA) have mentioned several tasks which could qualify you for their potential airdrop.

    Time needed: 50 minutes

    Here’s how to get the Yaka Finance ($YAKA) token airdrop

    1. Download and set up your SEI Network wallet

      Download and set up your Compass Wallet. Connect your wallet to Yaka Finance

    2. Connect to Yaka Finance

      Connect your Compass wallet to Yaka Finance

    3. Get testnet $SEI tokens

      Go to https://atlantic-2.app.sei.io/faucet. Connect your wallet and Discord account. Then request some testnet $SEI tokens. This will give you 5 $SEI tokens daily on your wallet. If you want to get more testnet $SEI tokens, join Yaka Finance’s Discord.

    4. Swap on Yaka Finance

      Go to https://app.yaka.finance/#/swap. Swap between testnet SEI, YAKA, USDT, and USDC. Every transaction you make on the testnet gains you 10 points towards the airdrop.

    5. Add liquidity

      Go to https://app.yaka.finance/#/pools. Select a pool and add assets to the pools.

    6. Galxe quest

      Go to Yaka Finance’s Galxe page and complete the tasks. These are social tasks such as joining and interacting with Yaka Finance’s social media pages. Note, one of the tasks will require you to join the Yaka Finance’s Discord and obtaining the Yaka Blast role by going to #special-roles and clicking the crown emoji.

    7. Obtain roles on Yaka Finance Discord

      Join Yaka Finance’s Discord and get the Yaka Blast role by going to #special-roles and reacting to the crown emoji. Then, engage with the community and earn roles on Discord like Yaka Lad, Yaka Gent, Yaka Aquaman or Meme Master. You will be required to obtain these roles in order to get whitelist access.

    8. Complete Whitelist Tasks

      Once you have joined Yaka Finance, participate in their whitelist round to secure a spot for the public sale. There are different roles you can choose from, such as Twitter influencer, meme creator, or community member. Follow the instructions for each role and complete the required tasks to earn points.

    9. Engage with the Community

      Being an active member of the Yaka Finance community can also help you earn points. Join their Discord channel or other community forums. Interact with other community members, contribute valuable insights, and participate in discussions. Yaka Finance values community engagement and they reward active members accordingly.

    10. Check your airdrop points

      Connect your wallet to Yaka Finance and go to the “Airdrop” page to check your airdrop points.

    11. Mint Yaka Voyager NFT

      Once you have obtained the Yaka Blast role, go back to their Galxe page and connect your SEI wallet. Then mint your Yaka Voyager NFT. Note you will need to have some $SEI to pay transaction fees. But it is quite cheap.

    12. Stake Yaka Voyager NFT

      Once the SEI EVM mainnet is live, you can stake your Voyager NFT on the Yaka Finance DEX to earn a portion of the trading fees and royalties from secondary sales.

    13. Earn rewards!

      Yaka Voyager NFT holders and stakers are entitled to receive $YAKA token airdrops, with a fixed total airdrop of 6 million YAKA. In addition, Yaka Voyager NFT stakers will receive a share of the YAKA DEX trading fees.

    14. Participate in Yaka Finance Testnet Season 2

      To participate in Yaka Finance Testnet Season 2, connect your Compass Wallet to https://v2.yaka.finance/campaign, and you’ll see a UI that allows you to approve the EVM version for Yaka Finance. Locate both your SEI native address (you can find this in your SEI wallet) and EVM address.

    15. Get testnet SEI and YAKA tokens

      Go to the SEI Arctic 1 faucet and paste your EVM address which will give you two testnet SEI tokens. Afterwards you will be able to claim some testnet YAKA tokens. Note you will need to sign a transaction in your Compass wallet to claim the YAKA testnet token.

    16. Complete swaps

      Using your testnet tokens, swap the SEI/USDT, SEI/YAKA, YAKA/USDT, SEI/SEIYAN and USDC/USDT pairs.

    17. Add liquidity

      Add liquidity to the SEI/USDT, SEI/YAKA, YAKA/USDT, SEI/SEIYAN and USDC/USDT pairs.

    18. Lock $YAKA

      Click “Go” and create a lock, you can put as little as 0.1 $YAKA and there are no requirements on how long you must lock for. Then, click “LOCK” and approve the transaction.

    19. Vote using $YAKA

      Go to Vote and select any pair. Make sure you enter 100% and cast your vote. Finally, approve and verify the transaction.

    20. Invite friends

      Once you have completed at least 1 swap and added liquidity to at least 1 pool you will be able to unlock the invitation link. Then, use your invite link to invite friends for extra points. However, your friends must complete at least 1. swap, deposit, lock or vote in order to earn points.

    Yaka Finance ($YAKA) 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: Yaka Finance ($YAKA) airdrop is now live!

    Airdropped token allocation: Yaka Finance have confirmed they will reserve 12 million (6% of their token supply) for the airdrop campaign, with a 1-month lockup period.

    Airdrop difficulty: The Yaka Finance airdrop requires participants to interact with their testnet and complete simple social tasks on their Galxe page. The only real assets you will need is a small amount of $SEI to pay gas fees to mint NFTs.

    Token utility: The Yaka Finance ($YAKA) token will be for liquidity provision, governance and entitlement to rewards.

    Token lockup: Airdropped Yaka Finance ($YAKA) tokens will be locked for 1 month after the Token Generation Event.