MetaMask is one of the most widely used crypto wallets, with over 30 million monthly active users. Since its launch in 2016, MetaMask has confirmed an upcoming token launch. So there is wide speculation that there may be a MetaMask token airdrop, and that using MetaMask you make you eligible for the airdrop. Although most of us use the app, there are other features we recommend using to put you in a better position for their airdrop. Here’s our guide on how to position yourself for a potential MetaMask ($MASK) Token Airdrop.
Check out our zkSync Airdrop Guide and Arbitrum Airdrop Guide– 2 highly anticipated token airdrops.
MetaMask ($MASK) Airdrop Step-by-Step Guide
Here’s a step-by-step guide on how to get a potential MetaMask token airdrop:
- Download the MetaMask wallet here.
- Create your MetaMask wallet. Remember to keep your recovery phrase safe and secure.
- Deposit or buy some tokens. MetaMask supports ETH purchases using credit and debit cards, Apple Pay, and bank transfers.
- Interact with Top Ethereum dApps
- Use their Swap feature to swap different tokens.
- Use their Bridge to transfer your tokens from one network to another.
- Create and use Gnosis Safe
- Join Infura’s Early Access Program
- Donate to MetaMask via Gitcoin
See below for more details.
Is MetaMask’s Token Launch Confirmed?
On 16th March 2022, MetaMask is intending to launch its own token, as confirmed by ConsenSys CEO Joseph Lubin, the company behind the crypto wallet. The team will also be launching a Decentralized Autonomous Organization (DAO) for funding the wallet’s growth. Although Lubin did not provide further details about the DAO or a date for the token launch, he teased in his Tweet that the token’s ticker would be $MASK.
Will MetaMask do a $MASK Token Airdrop?
MetaMask has hinted it would launch its own token- $MASK. However, there are no details as to whether MetaMask would airdrop tokens to its users. Despite this, MetaMask users are still trying to do various tasks on MetaMask in the hopes that this may make them eligible for a future potential airdrop.
How to Receive Potential MetaMask ($MASK) Token Airdrop?
MetaMask users can be eligible for a $MASK airdrop by using the wallet for DeFi activities, swapping tokens, and bridging assets. Here’s a step-by-step guide on how to do those tasks:
- Download the MetaMask wallet here.
- Create your MetaMask wallet. Remember to keep your recovery phrase safe and secure.
- Deposit or buy some tokens. MetaMask supports ETH purchases using credit and debit cards, Apple Pay, and bank transfers.
- Interact with Top Ethereum dApps
- Use their Swap feature to swap different tokens.
- Use their Bridge to transfer your tokens from one network to another.
- Stake ETH on Lido/Rocket Pool
- Create and use Gnosis Safe
- Join Infura’s Early Access Program
- Donate to MetaMask via Gitcoin
Download and Create your MetaMask wallet
Learn how to set up and use MetaMask with our MetaMask Tutorial. Download the MetaMask wallet here. Remember to keep your recovery phrase safe and secure. For a more detailed guide, check out our MetaMask Tutorial.
You can see your entire MetaMask Portfolio by clicking on this button:
Interact with Top Ethereum dApps
Users can interact with some of the most popular Ethereum dApps with their wallet:
MetaMask is one of the most used wallets connecting to these dApps. On-chain activities including depositing funds, trading assets, and providing liquidity will get you in the snapshot that can potentially qualify you for a $MASK airdrop.
Swap ERC-20 Tokens on MetaMask
Users can swap between different coins using the built-in swap feature of the app. It is recommended to swap ERC-20 tokens on the Ethereum mainnet, since ConsenSys focuses on Ethereum product suite.
Bridge Tokens on MetaMask
MetaMask has a built-in bridge feature that allows users to transfer tokens from the Ethereum network to other blockchain networks in the app. It is recommended to do multiple transactions to maximize your chances for an airdrop. Currently, the bridge feature supports Ethereum, BNB Smart Chain, Polygon, and Avalanche.
Stake ETH on Lido or Rocket Pool
Lido and Rocket Pool are the biggest liquid staking protocols on Ethereum. You can stake some ETH on them to receive a liquid staked version of ETH. You also earn monthly or yearly rewards on top of your staked position.
Create and use Gnosis Safe
Gnosis Safe is a partner of ConsenSys, the company behind MetaMask. Safe is a multi-signature (multisig) wallet provider and cryptocurrency management platform. You can create a new Safe by going onto their website and choosing the name and network which you want your safe on. Then, add the owners of the Safe and the number of owner(s) required to confirm a Safe transaction before execution. Confirm the transaction and pay the necessary gas fees (in ETH) for this transaction.
Join Infura’s Early Access Program
Infura is owned by ConsenSys, which also owns MetaMask. Infura provides a suite of developer tools, blockchain APIs and infrastructure for developers to build Web 3.0 applications. To join Infura’s Early Access Program, go to their website and submit your details. Note that participating in Infura’s Early Access Program requires you to have experience in running blockchain infrastructure and be able to participate and provide feedback on their products.
Donate to Metamask on Gitcoin
Metamask is free to download and use. So they rely on donations to continue developing and improving on Metamask. Show your support by going to Gitcoin and donating. You will need to sign up for Gitcoin first and cryptocurrency donations are accepted.
Metamask 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: Metamask hinted it would launch its own token called $MASK. However, there are no further details.
Airdropped Token Allocation: There are no announcements on how much of its token supply would be allocated towards airdrops.
Airdrop Difficulty: Everyone uses Metamask – hence it’s not hard to get in on this airdrop. Perhaps make a few more accounts 😉
Token Utility: Metamask is THE most popular client for Ethereum. Utility value is extremely high.
Token Lockup: No information is given on this so far.
Frequently Asked Questions (FAQs)
MetaMask hinted it would launch its own token- $MASK. But there are no details on a potential MetaMask token airdrop. However, this has not stopped people from using all of MetaMask’s functions in order to position themselves for any potential airdrop.
The team behind MetaMask has hinted they would launch its own token called $MASK. However, it has not been launched yet and there is no news as to when this will happen.
No, the MetaMask team has not confirmed if they will be doing an airdrop.
So far, there is no news that MetaMask will do an airdrop in 2023.
There is no official announcement on how you can qualify or be eligible for a MetaMask airdrop. However, it is speculated that using MetaMask and its swap and bridge features, interacting with its dApps, using its partners, and donating may make you qualify for the airdrop.
