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!
- zkSync ($ZKS) Token Airdrop Guide: How to Earn Double Rewards!
- Linea (ConsenSys zkEVM) Token Airdrop Guide: How to Earn $15,000?
iZUMi Finance ($iZi) Token Airdrop Step-by-Step Guide
Here’s how to get a potential iZUMi Finance ($iZi) Token Airdrop:
- Swap $iZi tokens.
- Add liquidity.
- Earn iPoints.
- 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 $27.6 million from well-known investors such as Bella Protocol, MEXC, and HashKey Capital. For Q3 of 2023, their goal is to enhance iZiSwap’s trading capabilities and establish the iZUMi partner ecosystem. In Q4, iZUMi intends to launch ZUMi DAO governance.
What is the iZUMi Finance ($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
- 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.
- 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.
- 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”.
- 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.
- 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.