Lens Protocol is a next-generation Social-Fi platform that is both permissionless and non-custodial. Lens Protocol allows users to build their profiles as NFTs and interact socially on-chain. Users are already selling their profile NFTs on Opensea with a floor price of ~150 USD, meaning that there is a high demand for these profiles. They have also launched their testnet for users to try out their platform, meaning that a potential airdrop may be on the horizon. This is our ultimate guide on how to get the potential Lens Protocol token airdrop.
Check out our step by step guide!
Lens Protocol Airdrop Step-by-Step Guide
Here’s a step-by-step guide on how to get a potential Lens Protocol token airdrop:
- Sign up for the early access waitlist here.
- Collect people’s posts at least once a week on Lenster.
- Like and post videos on Lenstube.
- Collect posts on Lensport.
See below for more details.
What is Lens Protocol?
Lens Protocol is a composable and decentralized social graph that users can build upon. Users simply have to mint a profile (in NFT form), follow other users, and collected publications. Lens Protocol will allow users to control their own profile, including how they monetize it. The blockchain that is the basis of the lens protocol is a Polygon PoS network.
The team behind Aave Protocol has structured Lens Protocol in such a way that various services can be built on top of it, with a focus on publications like individual user-owned profile NFTs, posts, comments, and mirrors (similar to retweets).
Little is known about who is funding Lens Protocol. Except that FTX Ventures invested an unknown amount into the project. Built on Polygon, it allows users to create and control their own social media content.
Lens Protocol V2 has recently been announced, promising to bring even greater control to builders and integrators, as well as those exploring web-3 powered experiences. It will introduce new features such as Open Actions, Collective Value Share, New Follow Architecture, as well as an improved Profile Manager. The waitlist for early access to Lens Protocol V2, users should sign up as soon as possible!
Unique features of Lens Protocol
Lens Protocol aims to address significant flaws in the current social media environment. Presently, all Web2 networks are reading from a unique, centralized database that cannot be ported elsewhere, meaning that your profile, friends, and content are locked onto the network owned by the network operator. Therefore, each network will be a zero-sum game for your attention.
Lens Protocol attempts to solve this by creating a user-owned, open social graph. Since users own their own content, they no longer need to worry about losing their content, audience, and livelihood based on a platform’s algorithms and policies.
The protocol can be plugged into applications that developers build. There are already hundreds of applications built on top of Lens Protocol.
Lens Protocol Profiles
Lens Profiles are NFTs with unique names that end with the “.lens” suffix. All activities revolve around Lens profile NFTs, and users can create multiple profile NFTs per wallet address they are using. Compared to other protocols that deal with on-chain identities on the blockchain, the big difference is that the Profile NFT of Lens Protocol can store publication records. Their wallets can claim users’ content. Lens issued Profiles to the community by signing open letters and cooperating with project parties. After receiving Profiles, users can set a lens handle (similar to Twitter handle, Twitter name).
Currently, it is not possible to freely obtain a Lens protocol, so users have to watch out for upcoming campaigns, including offline meetups. Some users have started listing their own profiles on OpenSea, trying to flip it for a profit.
How do I become eligible to claim a Lens Profile for free?
During community events and collaborations with different projects, the project issued lens profiles. Snapshots took place prior to the 15th of August 2022 so users who were part of the events were able to obtain their .lens profiles for free.
LATEST: How to get a Lens profile
Users can now get a Lens profile at https://claim.lens.xyz/. However, it is no longer free and users must pay either US$10 or 8 $POL.
Lens Protocol token
Lens Protocol has launched its testnet and users interact with it via the GRASS token. The GRASS token is the native gas token for the Lens Network, primarily used for covering transaction fees on the blockchain. It plays a crucial role in enabling interactions within the Lens Protocol ecosystem, such as minting NFTs, deploying smart contracts, and other on-chain activities. Note however that the GRASS token has NOT been launched yet so it is not currently being traded.
How to receive the potential Lens Protocol airdrop?
Time needed: 6 minutes
Here is how to receive the potential Lens Protocol airdrop
- Sign up
Go to https://testnet.lenscan.io/ and click “Sign in” on the top right hand corner. Sign up with your Google account.
- Add network
Click “Add network” at the bottom right hand corner of the page and approve the transaction in your wallet.
- Get testnet tokens
Click “Faucet” at the bottom right hand corner of the page and enter your wallet address to get testnet GRASS tokens.
- Complete maze challenge
Choose between the easy, medium and hard difficulties for the maze. The harder the maze, the more testnet GRASS tokens you would get. You can request testnet GRASS tokens via this faucet once every 24 hours.
- Mint your Lens reputation
Go to https://lensreputation.xyz and connect the same wallet you used to get the testnet GRASS tokens. You will have a reputation score based on your interactions with the Lens platform. Click “Mint your Lens reputation” to mint. If your reputation score is 0, interact with the Lens platform in order to raise your score.
- Deploy contract
Go to https://lens-agora.vercel.app/create and connect the same wallet you used to get the testnet GRASS tokens. Fill in the details such as the contract name, token symbol and description to create your own contract. Deploy your contract, note that the process may take a few minutes to complete.
- Bridge tokens
Connect the same wallet to https://portal.testnet.lens.dev/bridge. Bridge ETH Sepolia to from Ethereum Sepolia Testnet to Lens Network Sepolia. If you need testnet ETH Sepolia tokens, you can go HERE to get some from their faucet.
- Complete guild quests
Go to https://guild.xyz/lens/smart-posts-open-actions and connect your same wallet. Click “Join Guild” and connect your social media accounts such as your Telegram, Twitter, Github etc.
Lens Protocol airdrop review
When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.
Likelihood of Airdrop: There is no official announcement for a Lens Protocol token airdrop. Our team has screenshotted deleted tweets from the project hinting at an upcoming airdrop, suggesting they have planned something not yet revealed to their community. They have also launched their testnet which suggests they may reward users who help them test their platform with an airdrop.
Airdropped Token Allocation: Likely this number is high as social platforms need a huge audience – and there is not better way to build a that then with airdrops.
Airdrop Difficulty: Currently you can buy a Lens profile but this requires real funds. However, interacting with the platform is free as it is only on the testnet stage.
Token Utility: The token utility is unknown.
Token Lockup: The token lockup period is unknown.