ChainHop is a composable omnichain liquidity aggregation protocol that enables one-click, cross-chain swaps with the deepest liquidity and the best rate. The project has hinted at launching its own token. Early users who’ve used the platform to do cross-chain swaps may get an airdrop!
ChainHop Airdrop Step-by-Step Guide
Here’s how to receive a potential ChainHop token airdrop:
- Connect Your Wallet to ChainHop
- Perform Cross-Chain Swap
See below for more in-depth details!
What is ChainHop?
ChainHop is an Open API that allows swapping tokens between different chains by using liquidity from various DEXes and bridges. It does this by leveraging cross-chain message passing, allowing the protocol to aggregate multi-chain liquidity sources. It also offers white label solutions for DEXes, NFT platforms and marketplaces, Wallets, GameFi projects, and much more.
Over the past six months, ChainHop has been audited by leading blockchain security firms PeckShield and SlowMist.
Partnership with Celer Network
ChainHop has partnered with Celer Network to build inter-chain messaging. The ChainHop project has been drawing liquidity from the biggest DEXes in the crypto industry coming from 7 different blockchains: Ethereum, Polygon, BNB Chain, Fantom, Optimism, Avalanche, and Arbitrum. The partnership between ChainHop and Celer Network will enable developers to easily access the cross-chain liquidity protocol to build cross-chain DeFi, NFT marketplaces, IDO launchpad platforms, and more.
Does ChainHop have a Token?
ChainHop does not have a token at the moment. However, they have mentioned in their user document that they might launch one in the future. Additionally, early users of the protocol can potentially qualify for an airdrop.
How to Get ChainHop Token Airdrop?
The best chance to get the ChainHop Token Airdrop is to perform cross-chain swaps on their platform. Here’s a step-by-step guide:
- Connect Your Wallet to ChainHop
Visit the ChainHop Exchange App and connect your MetaMask or other supported wallets. There are seven mainnet chains to choose from. Make sure you have enough funds to cover gas fees.
- Perform Cross-Chain Swap
Select a source chain and the token you want to swap, then select a destination chain and the token you want to receive. Confirm the transaction and you’re done!
You can also swap tokens within the same chain, but we recommend swapping on different chains. The more chains you interact with, the more on-chain evidence you generate that could qualify you for a potential ChainHop token airdrop.
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: ChainHop does not have a token at the moment, but could launch one in the future. Early users can potentially qualify for an airdrop.
Airdropped Token Allocation: There is no tokenomics yet.
Airdrop Difficulty: All you have to do is swap tokens between different chains. Keep in mind that they are mainnets, which means you will need real money to swap and cover gas fees.
Token Utility: There is no token yet.
Token Lockup: There is no tokenomics yet.
