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Tag: Airdrop

  • Post.tech $POST strategy guide: How to get maximum points?

    Post.tech $POST strategy guide: How to get maximum points?

    Post.tech is a next generation Web3 social network built on Arbitrum. Post.tech allows you to earn points and tokens simply by using and posting on Post.tech or Twitter (X). Here’s our secret strategy guide on how to get maximum Post.tech points and $POST tokens!

    Interacting with other users will give you MAXIMUM points and $POST, so follow us on Twitter so we can $POST you too!

    Check out our other SocialFi platform strategy guides:

    What is Post.tech?

    Post.Tech is a social media platform that operates similarly to its predecessor, Friend.Tech. It offers token-gated channels where users can buy and sell access tokens. Post.tech charges a 10% fee on transactions, which is split evenly between the app and the channel’s owner. The Post.Tech platform has been gaining huge popularity recently, and on 20th September 2023 recorded $875,000 in transaction volume and trading volume exceeding $1.81 million in 24 hours.

    Post.tech $POST profile

    How does Post.tech work?

    Posting or engaging on either the Post.tech or Twitter (X) platforms gives you rewards. On Post.tech, users will need to create posts and engage with the community. Meanwhile, on Twitter (X), users will need to create tweets or reply mentioning @PostTechSoFi and $post in order to earn points. At the end of each epoch (i.e. week), Post.tech will calculate the number of points earned which can be redeemed for Post.tech’s tokens after the airdrop campaign ends. Users will be able to claim their tokens then.

    Will there be a Post.tech $POST token airdrop?

    Post.tech have confirmed on their website they will be doing an a $POST token airdrop. To get a Post-tech airdrop, all you need to do is post and engage with the community on Post.tech or Twitter (X).

    How to use Post.tech?

    Here’s how to set up, use and start earning Post.tech $POST points and tokens.

    1. Set up Post.tech account

      Go to https://post.tech/ and link up your Twitter (X) account.

    2. Start posting and engaging with the community

      Posts and engagement on both Twitter (X) and Post.tech give you points, with the latter platform giving you more points. But remember, if you post on Twitter (X), you need to mention @PostTechSoFi and $POST in order to earn points.

    3. Buy and sell profiles

      To buy and sell profiles, you will need to deposit at least 0.001 ETH. The advantages of doing this are that you will earn 5% in trading fees when your profile’s shares a traded. You will also increase your reputation on the Post.tech platform, which can lead to extra rewards. You can see the number of points awarded for each post/interaction here.

    4. Claim $POST tokens

      At the end of each epoch (i.e. 1 week), Post.tech will finalise your point count. And after the end of the airdrop campaign, Friend.tech will tally up all your points and determine your $POST token entitlement.

    How are Post.tech points calculated?

    Different interactions on Twitter (X) and Post.tech give you differing amounts of points. Here’s how the Twitter (X) and Post.tech points are calculated:

    Points for posting on Post.tech

    Here’s how points are calculated for posting on Post.tech:

    • Posts: Up to 10k points (5 posts/day)
    • Replies: Up to 5k points (25 times/day)
    • Invite friends: 30k points (unlimited)
    • Profile shares (i.e. profile sales on Post.tech): 150k – 15M points
    • Shares holding (i.e. purchasing and holding shares on Post.tech): 200k – 15M points
    • Buy/Sell shares (i.e. profile trading on Post.tech): 30k points (unlimited)

    Points for posting on Twitter (X)

    Here’s how points are calculated for posting on Twitter (X). Note that each tweet or reply must mention @PostTechSoFi and $POST in order to qualify:

    • Original tweet: Up to 15k points (5 tweets/day)
    • Tweet replies: Up to 7.5k points (25 replies/day)

    How to get maximum Post.tech $POST points: Strategy guide

    Here are some strategies to get maximum $POST points:

    • Profile trading: Buy and sell newer/cheaper profiles faster to earn more points on profile trading. Remember, there’s no limit on the number of points you can earn through profile trading!
    • Only hodl “good” profiles i.e those with high engagement posts.
    • On smaller Post.tech or Twitter (X) accounts, reply to original posts with @PostTechSoFi and $POST. This is so they may also reply to your posts and you can win together!
    • Focus on posting on Post.tech. Whilst you get fewer points for posting on Post.tech, the engagement will be very high since everyone who is on Post.tech is in it for the points. It is also a good place to make friends to exchange engagement.

    Where can I trade $POST tokens?

    Post.tech $POST tokens have not officially launched yet, so they are not tradable on any exchange. They are likely to launch once their airdrop campaign ends.

    Conclusion

    Post.tech is a Web3 social network that rewards users for posting and engaging on its own platform or on Twitter (X). Users can earn points and tokens by creating content, interacting with others, and trading profiles. Post.tech also offers token-gated channels where users can access exclusive content and communities. Post.tech is currently running an airdrop campaign where users can claim $POST tokens based on their points. With our guide and strategies, you can earn the maximum number of points and $POST tokens! Good luck and show your support by following us on Twitter!

  • Tipcoin $tip token strategy guide: How to get maximum points!

    Tipcoin $tip token strategy guide: How to get maximum points!

    Tipcoin refers to itself as the “future of social interaction”. It allows users to receive points simply for posting on Twitter/X. What’s more, there are ways to get multipliers on points depending on the type of tip. Here’s our secret strategy guide on how to get maximum Tipcoin $TIP tokens.

    Interacting with other Twitter users will give you MAXIMUM points and $tip, so follow us on Twitter so we can $tip you too and get you started!

    Check out our other SocialFi platform strategy guides:

    Tipcoin step-by-step set up and strategy guide

    1. Set up and use Tipcoin account. See here
    2. Use our strategies to get maximum points and $tip. See here.

    What is Tipcoin?

    Tipcoin is a cryptocurrency aims to transform Twitter / X into a platform for seamless social interaction by enabling users to reward friends and their favorite content creators effortlessly. It operates as a decentralized social platform, rewarding users on Twitter for their engagement and tweets. To earn rewards, users simply need to mention Tipcoin by tagging @tipcoineth on Twitter and using $tip or #tip in their tweets.

    How does Tipcoin work?

    Twitter/ X users are rewarded with points for replying, quoting or tweeting if they mention $tip or #tip. As will be seen below, different types of tweets e.g. original tweets, tipped quotes or replies, and kickbacks will entitle you to get more points.

    Tipcoin has been working on 1 week epochs since 1st September 2023 at 8:00am EST (i.e. their launch date). Points earned during each epoch (week) are calculated. Then, Tipcoin will calculate and determine how much $tip they earned using their point system. Finally, users can claim their earned $tip tokens in the next epoch (i.e. next week).

    Will there be a Tipcoin $tip airdrop?

    According to Tipcoin’s tokenomics, 35% of $tip tokens will be reserved for platform rewards. Tipcoin have also confirmed that they will be doing airdrops on their future $tip platform. More details will be released in the week leading up to the end of epoch 3. So, watch this space for more details on the upcoming Tipcoin airdrop! (Diazepam)

    How to use Tipcoin?

    Here’s how to set up, use and earn Tipcoin ($tip)

    1. Set up and activate $tip account

      On their page, click “Start Now” to link and authorise your Twitter account. You will then need to send out an activation sweet and share a confirmation post by following their prompts.

    2. Begin tweeting!

      Reply, quote, or tweet by tagging @tipcoineth and mentioning $tip or #tip.  You will then automatically be awarded points!

    3. Claim points

      Your points and $tip allocation will be calculated after each epoch. To claim your earned $tip, go to the “Claim” tab on the top of the page.

    How are Tipcoin points calculated?

    Different interactions on Twitter give you differing amounts of points. Here’s how Tipcoin points are calculated:

    1. 1 point per view;
    2. 100 points per like;
    3. 250 points per reply;
    4. 500 points per quote; and
    5. 1,000 points per retweet.

    Also, here are the actions which will give you multipliers on points:

    1. original tweet- 30x point multiplier;
    2. tipped quote- 10x point multiplier;
    3. tipped reply- 1x point multiplier; and
    4. replied kickbacks- 1/10 points per tip.

    However, the Tipcoin team have hinted there may be additional multipliers during claim.

    Tip Coin $tip point calculator

    How to get maximum $tip: Strategy guide

    Here are some strategies to get maximum Tipcoin $tip:

    1. Focus on original tweets if you have a larger Twitter account. You can only get points on 5 original tweets per day, with a maximum of 18 million points per tweet!
    2. Tip quotes is a good strategy for smaller accounts. You can get points for 10 quote tweets daily, with each quote tweet potentially earning a maximum of 1 million points. This is because quoting others’ tweets whilst mentioning $tip, #tip and @tipcoineth gives a point multiplier of 10x. So, quote others’ tweets in the hopes they will quote you in return. So, follow us on Twitter and we can $tip you too!
    3. Tipped replies. Replying to others’ tweets with $tip, #tip and @tipcoineth can get you 25,000 points for 15 replies every day. Tipped replies however only offers a multiplier of 1x, so whilst it is better than nothing, the strategies in 1 and 2 above are better if you have less time.
    4. Replied kickbacks. This requires your Twitter account to be verified (i.e., blue tick). Tipcoin kickbacks means you earn points for receiving $tip and @tipcoineth replies from others. However, the multiplier is only 1/10, but with no daily upper limit.

    Where can I trade Tipcoin $tip?

    You can trade Tipcoin $tip on Uniswap, LBank, Bitget, BingX and MEXC. We expect more exchanges to offer trading in $tip soon as its popularity increases!

    Conclusion

    Tipcoin allows users to reward each other on Twitter with simple tweets. Use the @tipcoineth handle and the $tip, #tip symbol to earn points which can be exchanged for Tipcoin $tip tokens. With our guides and strategies, you can earn the maximum number of points and get more $tip! Good luck and support us by following us on Twitter so we can $tip you too!

  • Mantle Network ($MNT) Token Airdrop Guide: LIVE NOW!

    Mantle Network ($MNT) Token Airdrop Guide: LIVE NOW!

    Mantle Network is an Ethereum Layer-2 protocol developed by BitDAO, one of the largest decentralized autonomous organizations (DAOs), and a partner of Bybit. The public testnet is now live, along with a community incentive program. You can potentially earn $MNT token airdrops from using the protocol. In this article, we will explain what Mantle Network is and what you can do to position yourself for the airdrop.

    Sign up for Bybit today!

    Mantle Network ($MNT) Airdrop Step-by-step Guide

    Here’s how to receive a potential Mantle Network ($MNT) token airdrop:

    1. Set up Mantle Testnet
    2. Claim testnet $MNT tokens from Mantle Faucet
    3. Bridge Assets from Goerli to Mantle Testnet
    4. Complete Mantle Quests on Crew3 and join the Mantle Guild
    5. Bridge assets to Mantle Network mainnet
    6. Get $MNT tokens
    7. Vote on governance proposals
    8. Interact with dApps on the Mantle ecosystem

    See below for more details

    What is Mantle Network?

    Mantle Network is an Ethereum Layer-2 scaling solution created by BitDAO that focuses on enhancing security, reducing fees, and increasing transaction throughput. It leverages roll-up technology and adopts a modular approach to create a separate, decentralized data availability layer in collaboration with EigenLayer. By implementing this strategy, it accomplishes the following:

    1. Facilitates hyperscaled throughput for heavy-duty applications.
    2. Removes the need for forking capital to motivate validators, thus reducing the marginal cost of capital when setting up new protocols.
    3. Enables restaking mechanisms — re-staking allows anyone who has staked ETH on layer-1 to re-stake a pegged asset (stETH, rETH, cbETH, etc) and provide security to Mantle’s data availability layer.

    Does Mantle Network have a Token?

    Mantle Network uses $BIT, BitDAO’s governance token, as its native gas token. BitDAO has announced the approval of a proposal to deploy $100 million into the Mantle Ecofund, aiming to incentivize developers to build within the Mantle ecosystem. Additionally, the team is considering an airdrop for its testnet users. They have a subchannel on Discord where they discuss airdrop plans with the community.

    What is the $MNT and $BIT token?

    The $BIT token is BitDAO’s governance token. ByBit exchange is partnered with BitDAO and therefore use $BIT as their “unofficial official” token. Bybit frequently has campaigns and perks for $BIT coin and token holders. For example, there had a BIT Trading Fiesta where frequent $BIT traders on Bybit got up to US$100,000 in rewards. $BIT holders are also eligible for higher VIP levels and discounted trading fees.

    On 19th May 2023, BitDAO rebranded itself to become Mantle and most importantly, voted to covert its $BIT token to $MNT tokens at a 1:1 ratio. So now, the $MNT token will be used across the entire Mantle Network ecosystem, for its products and for governance.

    How do I convert my $BIT tokens to $MNT tokens?

    From 17th July 2023 at 6:00am UTC onwards for a period of 6 months, $BIT token holders can convert their $BIT tokens to $MNT tokens. Here’s how to convert or migrate $BIT to $MNT:

    1. Connect your wallet to https://migratebit.mantle.xyz/
    2. Approve the use of your $BIT tokens on your wallet.
    3. Enter the amount of $BIT tokens you wish to convert.
    4. Approve and wait for the conversion to be completed.

    How to receive a potential Mantle Network $MNT token airdrop?

    Here’s a step-by-step guide on how to receive a potential Mantle Network $MNT token airdrop:

    1. Set up Mantle Testnet

      Add Goerli network on your MetaMask via Chainlist. Then, claim Goerli testnet ETH to cover gas fees using Paradigm Faucet or Alchemy Faucet. Afterwards, add Mantle Testnet to MetaMask via Chainlist.

    2. Claim Testnet $MNT from Mantle Faucet

      Connect your wallet to the Mantle Faucet. Verify your Twitter and paste your wallet address. You can mint up to 1,000 $MNT testnet tokens.

      If you don’t see $MNT in your wallet, click “Import Token” and paste the following $MNT token contract address: 0x3c3a81e81dc49a522a592e7622a7e711c06bf354

    3. Bridge Assets from Goerli to Mantle Testnet

      Use the Mantle Bridge to transfer Goerli ETH and testnet $BIT to the Mantle Testnet.

      Switch the network to the Mantle Testnet. Import the token contract address of Goerli ETH, which will be shown as WETH on Mantle: 0xdEAddEaDdeadDEadDEADDEAddEADDEAddead1111

    4. Complete Mantle Quests on Crew3 and join the Mantle Guild

      Complete as many Crew3 quests as possible to get exclusive Discord roles. This could also be an eligibility criterion for the airdrop.

      You can also complete other quests on guild.xyz/mantle to obtain additional roles such as the BIT Delegate. For that, you will need to buy and hold at least 1 $BIT or $MNT, delegate them to your ETH address on delegate.bitdaotools.io, and vote on at least on BIT Improvement proposal (BIP) in the bitdao.eth Snapshot space.

      Crew3 and Guild tasks are not mandatory, but it could help your chances of getting the airdrop.

    5. Bridge assets to Mantle Network mainnet

      Bridge assets to Mantle using Orbiter Finance or the Mantle Bridge. This may make you eligible for a potential Orbiter Finance airdrop too! Check here for our guide on how to bridge assets to Mantle using Orbiter Finance.

      To bridge assets to Mantle Network using their bridge, go to https://bridge.mantle.xyz/ and deposit any tokens from Ethereum Mainnet to the Mantle Network. You will also get a dust bonus in $MNT for this!

    6. Get $MNT tokens

      Get some $MNT tokens. You can buy $MNT on exchanges such as ByBit, MEXC or Gate.io.

      Learn more about ByBit with our guide and review.
      Sign up for Bybit today!

    7. Vote on governance proposals

      Find governance proposals here and vote on them. Note you will need $MNT for this.

    8. Interact with dApps on the Mantle ecosystem

      Interact with dApps on the Mantle ecosystem. This may also make you eligible for any potential airdrops the ecosystem projects may have! Do note however you will be using real funds for this.

    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: BitDAO allocated $100 million to incentivize developers to build on the Mantle Network. Moreover, they are also considering conducting an airdrop for protocol users.

    Airdropped Token Allocation: Token allocations for the community are not yet confirmed.

    Airdrop Difficulty: The steps are easy to do. All you have to do is bridge testnet $BIT and ETH from Goerli to Mantle Testnet. Crew3 and Guild tasks are optional.

    Token Utility: $BIT, the native utility token of BitDAO, offers holders benefits like voting rights, revenue sharing, and exclusive access to features within the BitDAO ecosystem. This includes Mantle Network.

    Token Lockup: There is no information available on token lockup for airdrops.

  • Aark Digital ($AARK) Token Airdrop Guide: LIVE NOW!

    Aark Digital ($AARK) Token Airdrop Guide: LIVE NOW!

    Aark Digital is a decentralized perpetuals exchange built on Arbitrum. The team has mentioned on Discord that there will be an airdrop for the community in the future. In this article, we will briefly explain what Aark Digital is and what you can do to position for the airdrop.

    Aark Digital Airdrop Step-by-Step Guide

    Here’s how to get the Aark Digital token airdrop:

    1. Add Arbitrum Goerli to Wallet
    2. Get Galxe Role and Complete Tasks on Crew3
    3. Get Testnet Tokens
    4. Deposit on Aark Testnet Futures Account and Place Futures Orders
    5. Provide Liquidity
    6. Deposit into the Insurance Fund
    7. Deposit on Nitro LP (Mainnet Action)
    8. Get the Aark Digital Boarding Pass

    See below for more in-depth details!

    What is Aark Digital?

    Aark Digital is a derivatives decentralized exchange (DEX) built on Arbitrum. It is the first Peer-to-Pool perpetuals DEX custom built for professional traders. It offers abundant liquidity with 50+ trading pairs and any whitelisted assets as collateral. Cross-margin trading is also available. For liquidity providers, it offers leveraged LP, delta neutral LP and insurance fund.

    It is designed to provide a solution for the pain points of perp DEXs. Traders on the Aark platform are not required to sell assets they own to open a position. They can instead deposit these assets as collateral, which will be held until the user’s position is liquidated due to a loss.

    Does Aark Digital have a Token?

    $AARK is the native token of Aark Digital. The token is not launched yet, according to their Documentation, 31% of their token supply will be reserved for Community Rewards. So Aark Digital may do an airdrop. Currently, you can complete tasks to earn points, which will then be exchangeable for Mystery Tickets to eventually earn $AARK when the mainnet is launched.

    How to Get the Potential Aark Digital Token Airdrop?

    Time needed: 2 hours

    Aark Digital have announced a Traders of the Galaxy campaign which will allow participants to get an exclusive NFT and a Mystery Ticket which could hold $AARK rewards. The Traders of the Galaxy will start on May 19th, 2023, 11:00 AM (UTC) and ends on 24th June 2023 at 9:00am (UTC). You will also need to interact with the Aark Digital Testnet OR deposit USDC in the mainnet liquidity pool in order to be eligible for a future token airdrop. Here’s a step-by-step guide:

    1. Add Arbitrum Goerli to Wallet

      You can add Arbitrum Goerli via Chainlist on your MetaMask or other supported wallets. It is the testnet network for Arbitrum.

    2. Get Galxe Role

      Connect your wallet to Aark Digital’s Galxe page. Complete the social tasks to get 1 entry.

    3. Complete Tasks on Crew3

      Connect your wallet to Zealy (Crew3) and complete their social tasks.

    4. Get Testnet Tokens

      Connect your Metamask to Aark Digital and click “Receive” on the right hand corner to get testnet tokens. You will get 10,000 mock USDC, 0.5 mock BTC and 5 mock ETH. Note that you can no longer get testnet tokens via their Discord as their faucet has dried.

    5. Deposit on Aark Testnet Futures Account

      Go to Aark Testnet. Start by depositing some of your testnet tokens on your Futures account. Try not to deposit all as you will need some for the other features.

    6. Place Futures Orders

      Now you can start trading on the Futures page. Choose a trading pair to trade located at the left side of the screen. Then, place a market order or limit order on the right of the screen. Set the leverage ratio by moving the slide bar.

      You can see all of your created orders under the Position tab located at the bottom of the screen. Additionally, you can keep track of your previous orders under the Trade History tab. You will earn 1 point for every $100 of trading volume generated. You can also check your points earned here.

    7. Provide Liquidity

      Deposit some of your testnet tokens on your Liquidity Provider account. Then, go to the Liquidity page and open an LP position. Set the leverage ratio by moving the slide bar, and then place order to confirm.

    8. Deposit into the Insurance Fund

      You can also deposit test USDC in the Insurance Fund page. This feature allows you to earn from liquidation fees.

    9. Deposit on Nitro LP (Mainnet Action)

      If you wish to interact with more than just the testnet, you can provide liquidity to the Aark Digital Liquidity Pool on the Arbitrum mainnet. Connect your wallet to the Nitro LP page, and switch the network to Arbitrum One.

      Once you’re in, scroll down and you’ll see different tiers of LP products. Select a tier and approve USDC to deposit. Learn more about the risk ratio in their Medium article.

    10. Get the Aark Digital Boarding Pass

      To get the Aark Digital Boarding Pass, you will need to earn over 90,000 testnet points. You can earn testnet points by trading on Aark Digital’s testnet (see step 6 above). Once you qualify, go to Aark Digital’s Galxe page and claim the NFT.

    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: Aark Digital’s documentation states that 31% of its token supply would be reserved for Community Rewards, which could mean an airdrop.

    Airdropped Token Allocation: 31% of $AARK tokens would be allocated towards Community Rewards.

    Airdrop Difficulty: The testnet is very user-friendly and easy to use. For interacting with the mainnet, please do your own research as it involves real funds.

    Token Utility: $AARK is a fee-earning governance token of Aark Digital and entitles holders to various benefits.

    Token Lockup: The 31% of $AARK tokens allocated towards Community Reserves were not distributed at Genesis, but will be distributed each year over a total of 4 years as follows: 12.8%, 8.3%, 5.8% and 4.1%

  • zkLend ($ZEND) Token Airdrop Guide: How to earn double airdrops!

    zkLend ($ZEND) Token Airdrop Guide: How to earn double airdrops!

    zkLend began its creation in late 2021 with aims to create a layer 2 money-market protocol built on StarkNet. With StarkNet being one of the hottest anticipated airdrops, there is massive speculation that zkLend will also have an airdrop. Particularly since zkLend’s V1 mainnet is fast approaching. This guide will teach you how to get a potential zkLend ($ZEND) token airdrop, which may also increase your potential StarkNet airdrop too!

    Learn more: StarkNet ($STRK) Token Airdrop Guide: How to Qualify?

    zkLend ($ZEND) Airdrop Step-by-step Guide

    Here’s how to receive a potential zkLend ($ZEND) token airdrop:

    1. Go to the zkLend website.
    2. Connect a StarkNet wallet such as Argent or Braavos.
    3. Obtain some testnet ETH tokens and bridge to StarkNet.
    4. Interact with the Artemis testnet by supplying or borrowing tokens.
    5. Complete tasks on zkLend’s Questboard.

    See below for more details.

    What is zkLend?

    zkLend is a money-market protocol built on StarkNet. Its aim is to combine the best of zk-rollups and Ethereum. zkLend will enable users to earn interest on deposits and borrow assets. To achieve this, zkLend will be offering a dual solution in the form of 2 products: Artemis, and Apollo.

    Currently, zkLend has launched the Artemis MVP testnet on StarkNet Goreli testnet. Artemis is designed for regular DeFi users, and enables them to deposit, borrow and lend in a decentralized and permissionless manner on StarkNet.

    zkLend’s other major product, Apollo, is designed for institutional clients. The aim of Apollo is to become a gateway for institutional users into the world of DeFi. It will allow permissioned users to deposit, borrow and lend on StarkNet, but without compromising on compliance and security.

    What is the zkLend ($ZEND) token?

    The zkLend ($ZEND) token has not been launched yet. However, when it does, there will be a total token supply of 100 million tokens. 35% of the total supply of $ZEND tokens will be allocated towards staking and distribution rewards.

    The ZEND token is intended for governance and utility functions on zkLend. In particular, ZEND tokens will be rewarded to users when they interact with the zkLend network. For example, ZEND tokens will be distributed for users when borrowing/lending or providing liquidity to the network. Also, when users participate in community events or marketing/airdrop campaigns. ZEND token holders will also be entitled to voting rights which allow them to vote on future features of zkLend.

    What is the Current Status of the zkLend ($ZEND) Token Airdrop?

    zkLend has not launched its $ZEND token yet. However, the chances of zkLend doing an airdrop are promising. This is because they have already stated in their Whitepaper that a proportion of zkLend’s revenue would be allocated for airdrop campaigns.

    How do I participate in the $ZEND token airdrop?

    As there is no official airdrop announcement yet, many users can only speculate how to become eligible for $ZEND token airdrops. It is speculated that users could participate in the Artemis public testnet. This is in the hopes that completing zkLend testnet actions will inevitably entitle them to airdrops when the $ZEND token is launched. However, users should note that an airdrop is not guaranteed.

    Time needed: 30 minutes

    How to get a potential zkLend $ZEND token airdrop

    1. Go to the zkLend website

    2. Connect a StarkNet wallet such as Argent or Braavos.

    3. Obtain some testnet ETH tokens and bridge to StarkNet.

      Get testnet ETH here and bridge to StarkNet here.

    4. Interact with the Artemis testnet by supplying or borrowing tokens.

      Interact with the Artemis testnet here.

    5. Complete tasks on zkLend’s Questboard

      Connect your wallet to zkLend’s Questboard and complete the tasks. Tasks include joining their Discord, liking and retweeting their Tweets, and submitting your Starknet mainnet wallet address.

    Artemis is still in the testnet stage, and it is hoped that the mainnet will be launched in 2023, as well as the launch of the $ZEND token.

    Meanwhile, check out our picks for the top Upcoming Crypto Airdrops!

    zkLend 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: The zkLend ($ZEND) token has not been launched yet. But the team has said that $ZEND tokens would be allocated towards staking and distribution rewards.

    Airdropped Token Allocation: zkLend ($ZEND) will be a total token supply of 100 million tokens. 35% of the total supply of $ZEND tokens will be allocated towards staking and distribution rewards.

    Airdrop Difficulty: It is possible that participating in the Artemis public testnet could make you eligible for a potential $ZEND airdrop. Whilst this requires time and technical knowledge, you will only be using testnet ETH so it does not cost any money on your part. Otherwise, there are simple social tasks on their Questboard which are easy to do. There may also be a possibility that doing zkLend tasks may make you eligible for the potential StarkNet airdrop too!

    Token Utility: The ZEND token is intended for governance and utility functions on zkLend. ZEND tokens will also be rewarded to users that interact with the zkLend network.

    Token Lockup: There is no announcement on the $ZEND token lockup yet. However, it is hoped that the mainnet will be launched in 2023, together with the $ZEND token.

  • Shell Protocol ($SHELL) Token Airdrop Guide: LIVE NOW!

    Shell Protocol ($SHELL) Token Airdrop Guide: LIVE NOW!

    If you missed the Arbitrum ($ARB) airdrop, there are plenty of protocols building on Arbitrum that will conduct their own token airdrop. Shell Protocol is one of them, and they have confirmed an airdrop which will happen in Q3 2023. In this article, we will explain what Shell Protocol is and what you can do to position yourself for the airdrop.

    Shell Protocol ($SHELL) Airdrop Step-by-step Guide

    Here’s how to receive a potential Shell Protocol ($SHELL) airdrop:

    1. Connect Your Arbitrum Wallet to Shell Protocol
    2. Bridge ETH to Arbitrum One
    3. Purchase Expander NFTs
    4. Farm Shell Points
    5. Hold Toucan NFTs (Optional)

    See below for more details!

    What is Shell Protocol?

    Shell Protocol is a decentralized exchange (DEX) on Arbitrum that has two key features: Proteus and the Ocean. Proteus is an automated market maker (AMM) engine that allows builders to create custom AMMs without the need for Solidity coding. On the other hand, the Ocean is a shared multi-token ledger for composing DeFi building blocks. Through this model, users and developers can facilitate low slippage stablecoin swaps.

    Shell Protocol aims to establish an online monetary system using stablecoins as its building blocks. The term “shells” refers to liquidity provider shares, symbolizing containers for the pool’s value, akin to living shells housing organisms. As of now, Shell Protocol has over $10 million in total value locked (TVL).

    Does Shell Protocol have a Token?

    Yes, Shell Protocol will launch its $SHELL governance token in the future. Currently, the Shell team is tracking user contributions to the protocol via “Shell Points.” Any Shell Points earned in the previous season will be converted into “Crabs”, which is a fungible, on-chain, non-transferable placeholder for the future $SHELL token allocation at a 1:1 ratio.

    Shell Protocol has announced it will do an airdrop and the $SHELL tokenomics. At the Token Generation Event (TGE), 200 million $SHELL tokens will be created. 80m will go to investors, the core team, and the development company; 40m will be allocated for an initial airdrop; 50m for post-TGE incentives; and 30m for their DAO treasury. The TGE is expected to be in Q3 2023.

    How to Receive $SHELL Airdrops?

    To qualify for the $SHELL airdrop, you will need to earn Shell Points by interacting with the protocol. These points also compound over time, so the earlier you get in, the more points you earn. Here’s a step-by-step guide:

    1. Connect Your Arbitrum Wallet to Shell Protocol

      Go to app.shellprotocol.io and connect your MetaMask wallet. Switch the network to Arbitrum One.

    2. Bridge ETH to Arbitrum One

      If you don’t have funds in your Arbitrum One, you can bridge them over from the Ethereum Mainnet at bridge.arbitrum.io or Orbiter Finance.

    3. Purchase Expander NFTs

      In order to earn Shell Points, you will need to unlock quotas. You can unlock quotas by activating Expander NFTs in the Booty page. You can purchase them (aka Expanders) on OpenSea. The cheapest ones are around $10. The more expensive ones have higher quota limits.

      There are also other types of NFTs that can boost your points for several days.

      WARNING: Do not buy the NFTs that have no quota ratios on them!

    4. Farm Shell Points

      Once you’re in, go to app.shellprotocol.io/points. Scroll down and you can see all available liquidity pools on the protocol. You can earn points by providing liquidity or wrapping tokens at app.shellprotocol.io/trade. The quota is a cap on how many points you can earn.

    5. Hold Toucan NFTs (Optional)

      Government Toucans are a collection of Arbitrum NFTs launched by Shell Protocol. Holding one can give you additional quota to earn Shell Points. If you don’t have one, you can buy one at opensea.io/collection/government-toucans.

      Toucan holders can also vote on Shell Protocol’s proposals at snapshot.org/#/shellprotocol.eth.

    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: Shell Protocol has confirmed airdropping $SHELL tokens to protocol users in Q3 2023.

    Airdropped Token Allocation: 40m $SHELL (out of 200m) will be allocated toward an initial airdrop. So expect even more airdrops to come!

    Airdrop Difficulty: The tasks are fairly easy to complete, but you will need some real ETH or stablecoins to interact with the protocol.

    Token Utility: $SHELL is a governance DAO token.

    Token Lockup: TBD

  • ether.fi ($ETHFI) Token Airdrop Guide: Last chance for more points!

    ether.fi ($ETHFI) Token Airdrop Guide: Last chance for more points!

    ether.fi is a liquid staking protocol that is currently conducting its Early Adopter Programme. Users who staked ETH on the platform can earn bonus points, which could translate to an airdrop once the token is launched. The snapshot will be taken in mid-April, so don’t miss it!

    ether.fi ($ETHFI) Airdrop Step-by-Step Guide

    Here’s how to receive the $ETHFI token airdrop:

    1. Connect your wallet to the ether.fi mainnet.
    2. Stake ETH or ETH-pegged assets.

    See below for more in-depth details!

    What is ether.fi?

    ether.fi is a decentralized staking protocol that allows users to earn rewards by delegating staking to node operators. It is unique in that it is the only liquid staking protocol where stakers keep control of their keys while delegating staking to node operators and earning rewards. Users can deposit their ETH, wstETH, rETH, cbETH, sfrxETH into their Early Adopter Programme and earn rewards.

    The project’s smart contracts have been audited by reputable blockchain security firms CertiK and Zellic. They have also implemented a bug bounty program to incentivize security researchers to find vulnerabilities in their smart contracts.

    Project Funding

    Ether.fi has completed a $5.3 million funding round co-led by investors North Island Ventures (NIV) and Chapter One. The funding will be used to hire more engineers for the team and pursue further partnerships in addition to its current relationships with node operators such as Kiln and Finoa.

    Does ether.fi Have a Token?

    Yes, ether.fi is planning to launch its liquid staking derivative token $ETHFI. It will also function as a governance tool for the community.

    How to Get the $ETHFI Airdrop?

    As part of the ether.fi Early Adopter Programme, users who have staked ETH on the platform can earn bonus points, which could translate to an airdrop once the token is launched. The snapshot will be taken mid-April. Here’s a step-by-step guide:

    1. Connect Your Wallet to ether.fi

      Connect your MetaMask or other supported wallets to the ether.fi mainnet. Make sure the page is on “Early Adopter”. You can see this on the top middle of the screen.

    2. Stake ETH or ETH-pegged Assets

      You can stake ETH, rETH, cbETH, wstETH or sfrxETH on their Early Adopter Pool to earn loyalty points. The deposit amount may not be lower than 0.1. Once ether.fi is fully launched, you will be able to migrate your deposit to EtherFi staking.

      Loyalty points will help boost your staking rewards when ether.fi mainnet launches on 2nd May 2023.

      When ether.fi mainnet launches on 2nd May 2023, your staking rewards will be increased if you decide to stake with them and have loyalty points. There may also be a potential for extra airdrop!

      Keep in mind your points will reset after each deposit. You can withdraw at any time with no penalty, but you will lose your bonus points in doing so.

    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: ether.fi is currently conducting its Early Adopter Programme. Users who have staked ETH on the platform can earn bonus points, which could potentially convert to an airdrop upon the token’s launch.

    Airdropped Token Allocation: Their tokenomics is not yet available.

    Airdrop Difficulty: All you have to do is stake ETH or ETH-pegged assets on the platform. Make sure you have enough ETH to cover gas fees.

    Token Utility: $ETHFI is a liquid staking derivative token which also functions as a governance tool for the protocol.

    Token Lockup: Their tokenomics is not yet available.

  • MantleSwap ($MANT) Token Airdrop Guide: LIVE NOW!

    MantleSwap ($MANT) Token Airdrop Guide: LIVE NOW!

    MantleSwap is a decentralized exchange built on the Mantle Network, an Ethereum Layer-2 protocol developed by BitDAO, one of the largest DAOs and a partner of Bybit. The MantleSwap Incentivized Testnet recently launched, and early users could potentially earn token airdrops in the future!

    MantleSwap ($MANT) Token Airdrop Step-by-Step Guide

    Here’s how to get the MantleSwap ($MANT) token airdrop:

    1. Claim Goerli ETH from Faucets
    2. Add Mantle Testnet to MetaMask
    3. Mint $BIT Test Tokens
    4. Bridge $BIT to Mantle Testnet
    5. Claim Test Stablecoins at MantleSwap Testnet
    6. Swap Tokens
    7. Provide Liquidity
    8. Complete Zealy Tasks

    See below for more in-depth details!

    What is MantleSwap?

    MantleSwap is the premier decentralized exchange (DEX) built on the Mantle Network. It offers a suite of DeFi products for Mantle users, including an automated market maker (AMM) exchange, staking services, launchpads, lending, and GameFi.

    At its core, Mantle Network is a technology stack for scaling Ethereum and EVM-compatible blockchains. Mantle has been built with a modular architecture that uses an optimistic rollup with data availability solutions. This allows Mantle to inherit security from Ethereum and offer cheaper and more accessible data availability.

    Does MantleSwap Have a Token?

    Yes, MantleSwap plans to launch its native token $MANT. Details of its tokenomics, emissions rate, and contract address will be announced soon.

    Additionally, the MantleSwap team has hinted on Discord at a potential $MANT airdrop. They encourage community members to interact with the incentivized testnet and stress-test the network.

    How to Get the MantleSwap ($MANT) Token Airdrop?

    The best way to get the $MANT token airdrop is to interact with the MantleSwap Incentivized Testnet. These steps are also part of the Mantle Network ($BIT) token airdrop steps, which means you can potentially earn double the rewards! Here’s a step-by-step guide:

    1. Claim Goerli ETH from Faucets

      You will need Goerli ETH to mint $BIT test tokens and bridge them to Mantle Testnet. You can use the Alchemy Faucet or Goerli PoW Faucet.

    2. Add Mantle Testnet to MetaMask

      Add Mantle Testnet to your MetaMask wallet via ChainList.

    3. Mint $BIT Test Tokens

      Mint $BIT test tokens at the Mantle Testnet Faucet. The network is on Goerli Testnet.

    4. Bridge $BIT to Mantle Testnet

      Go to the Mantle Testnet Bridge, and transfer your $BIT from Goerli to Mantle Testnet. This process might take a while.

    5. Claim Test Stablecoins at MantleSwap Testnet

      You can use your $BIT to claim more test tokens at MantleSwap’s faucet.

    6. Swap Tokens

      Use the Swap feature, and swap some $BIT to $MANT. You can also swap between other available tokens.

    7. Provide Liquidity

      On the Swap page, click the Liquidity tab and deposit a token pair to provide liquidity. You can see your liquidity positions at the Pool page.

      You can also deposit liquidity into a stablecoin pool.

    8. Complete Zealy Tasks

      Join and complete Zealy tasks to unlock roles at MantleSwap’s Discord. These roles can help you earn more rewards in the future!

    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: Although MantleSwap has not yet officially announced a token airdrop, it is typical for incentivized testnets to reward early users upon the launch of the native token. Additionally, the MantleSwap team has hinted on Discord at a potential $MANT airdrop.

    Airdropped Token Allocation: The airdropped token allocation is yet to be announced.

    Airdrop Difficulty: Simply claim $BIT test tokens and bridge them to Mantle Testnet. Swap tokens and provide liquidity at MantleSwap as frequently as you can.

    Token Utility: The MantleSwap team will soon publish details about the utilities of $MANT.

    Token Lockup: There is no tokenomics yet.

  • EchoDex ($ECP) Token Airdrop Guide: LIVE NOW!

    EchoDex ($ECP) Token Airdrop Guide: LIVE NOW!

    EchoDEX is built on the Linea Network, a zero-knowledge Ethereum Virtual Machine incubated by ConsenSys. The testnet has recently launched, and the team has confirmed that users can earn $ECP airdrops by using the protocol!

    EchoDEX ($ECP) Token Airdrop Step-by-Step Guide

    Here’s how to get the EchoDEX ($ECP) token airdrop:

    1. Connect to Linea Goerli Test Network
    2. Claim Faucet Tokens on EchoDEX Testnet
    3. Swap Tokens
    4. Provide Liquidity
    5. Mint NFT
    6. Send Tweet and Wallet Address to Discord Testnet Proof Channel

    See below for more in-depth details!

    What is EchoDEX?

    EchoDEX is a decentralized exchange platform built on the Linea Network (formerly ConsenSys zkEVM). It is designed for fast and secure trading of cryptocurrencies with low fees. The platform features aggregator liquidity, which combines multiple liquidity pools from various platforms or exchanges to offer a more competitive rate to traders.

    In addition to trading, EchoDEX offers users the opportunity to earn $ECP tokens through various means, including swapping their cryptocurrencies, participating in their farming program, or staking their tokens. EchoDEX provides a reliable and convenient trading experience for all crypto enthusiasts with its user-friendly interface and top-notch security protocols.

    Does EchoDEX Have a Token?

    Yes, EchoDEX’s native token is $ECP. Although there are no released tokenomics, EchoDEX already uses it as an incentive reward as part of its “Swap to Get $ECP” program. Users who trade crypto can earn $CEP that will be airdropped directly into their wallet. The more trades you make, the more you earn!

    How to Get the EchoDEX ($ECP) Token Airdrop?

    The best way to get the $ECP token airdrop is to interact with the EchoDEX testnet. Here’s a step-by-step guide:

    1. Connect to Linea Goerli Test Network

      Go to the EchoDEX testnet and connect your MetaMask wallet. Switch the network to Linea Goerli Test Network or manually add it on ChainList.

    2. Claim Faucet Tokens on EchoDEX Testnet

      On the EchoDEX Faucet page, you must first follow their Twitter and join their Discord. After doing so, you can claim 0.03 LineaETH once per day.

    3. Swap Tokens

      Use the Swap feature. If you encounter gas issues, try swapping again or wait until you can claim more faucet tokens to cover gas fees.

    4. Provide Liquidity

      Deposit your token pairs at the Liquidity Pool page. As a liquidity provider, you can earn swap fees.

    5. Mint NFT

      Claim a free EchoDEX NFT to mark your place in the EchoDEX community! Remember to import the NFT address to your MetaMask in order to view it:

      Contract Address: 0xf893Ba09d5aac3dfaFc0E706a9f7778eC71788b4
      Token ID: 24767

    6. Send Tweet and Wallet Address to Discord Testnet Proof Channel

      Like and retweet EchoDEX’s Tweet about the testnet steps. Tag three friends, then take a screenshot and send it to the Discord Testnet Proof Channel.

    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: EchoDEX has confirmed airdropping $ECP tokens as part of its “Swap to Get $ECP” program.

    Airdropped Token Allocation: The total token supply is yet to be revealed.

    Airdrop Difficulty: Simply swap tokens, provide liquidity, and mint an NFT to earn $ECP airdrops. Follow EchoDEX on Twitter, like and retweet their testnet tweet, and tag 3 friends. Take a screenshot and send it to the Discord Testnet Proof Channel, along with your wallet address.

    Token Utility: The team will announce the details of the $ECP token soon.

    Token Lockup: There is no tokenomics yet.

  • Lamina1 ($L1) Token Airdrop Guide: Testnet LIVE NOW!

    Lamina1 ($L1) Token Airdrop Guide: Testnet LIVE NOW!

    Lamina1 is a layer-1 blockchain based on a fork of Avalanche, built for the metaverse. It is co-founded by Peter Vessenes (co-founder of Bitcoin Foundation) and Neal Stephenson (award-winning author, coined the term “Metaverse”). Lamina1 has hinted on Discord at conducting a token airdrop for the community. In this article, we will briefly explain what Lamina1 is what you can do to position for the airdrop.

    Lamina1 ($L1) Token Airdrop Step-by-Step Guide

    Here’s how to get the Lamina1 ($L1) token airdrop:

    1. Create a Lamina1 Wallet
    2. Add Lamina1 Testnet to MetaMask
    3. Claim Testnet $L1 Tokens on MetaMask
    4. Claim Testnet $L1 Tokens on C-Chain Address
    5. Complete Tasks on Crew3
    6. Set Up a Node

    See below for more in-depth details!

    What is Lamina1?

    Lamina1 is a layer-1 blockchain optimized for the Open Metaverse. It is based on a fork of the Avalanche blockchain, providing builders a flexible framework to create digital assets. The network uses a high-speed proof-of-stake (PoS) consensus algorithm, customized to support the needs of content creators.

    Project Team and Funding

    Lamina1 was co-founded by Peter Vessenes (co-founder of Bitcoin Foundation) and Neal Stephenson (award-winning author, coined the term “metaverse”). The project has set up the Lamina1 Ecosystem Fund (L1EF), the world’s first publicly accessible ecosystem fund for layer-1 blockchains. It is designed to provide broad economic access to accredited investors interested in championing the Open Metaverse.

    Does Lamina1 Have a Token?

    Yes, Lamina1 has a native token called $L1. It’s a hard-capped, scarce asset that is used to pay for fees, and secure the platform through proof-of-stake. It has a basic unit of account between the multiple Subnets created on the blockchain. One nL1 is equal to 0.000000001 L1.

    How to Get the Lamina1 ($L1) Token Airdrop?

    The best way to get the potential Lamina1 ($L1) token airdrop is to interact with their testnet and complete tasks on Zealy. Here’s a step-by-step guide:

    1. Create a Lamina1 Wallet

      Go to the Lamina1 Web Portal and create a new L1 Wallet. Generate your key phrase and save them securely.

      After your wallet is created, you’ll be redirected to your portfolio page. At the top right screen, you’ll see your X-Chain, P-Chain, and C-Chain wallet addresses and QR code.

      X-Chain is for receiving funds, P-Chain is for receiving staking rewards and cross chain transfers, and C-Chain is for interacting with the Ethereum Virtual Machine (EVM).

    2. Add Lamina1 Testnet to MetaMask

      Go to the Faucet page. Click “Add Subnet to MetaMask” at the bottom, and you will automatically have the Lamina1 Testnet network on your MetaMask.

    3. Claim Testnet $L1 Tokens on MetaMask

      On the Faucet page, paste your MetaMask address and request 2 L1.

    4. Claim Testnet $L1 Tokens on C-Chain Address

      Paste your Lamina1 C-Chain wallet address and request 2 L1.

      The C-Chain can only be used to claim test tokens, because the faucet is only compatible with Ethereum-based wallet clients.

    5. Complete Tasks on Zealy

      Complete the tasks on Zealy to get the “Testnet” role. This allows Lamina1 to keep track of your participation. Those who participated by accruing XP on Crew3 will receive an End-of-Testnet Giveaway!

    6. Set Up a Node

      You can also set up a node and run it on the Lamina1 primary network. They have a complete guide on it.

    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: Lamina1 has addressed the community on conducting a token airdrop. They will officially announce the details soon, so stay tuned for future updates!

    Airdropped Token Allocation: The total token supply is yet to be revealed.

    Airdrop Difficulty: For now, the tasks are simply claiming testnet tokens on Lamina1. More features will be released soon. You don’t have to set up a node if you simply want to be a user of the protocol.

    Token Utility: $L1 will be used for transaction fees and staking to secure the network.

    Token Lockup: There is no tokenomics yet.

  • ZKX Protocol ($ZKX) Token Airdrop Guide: LIVE NOW!

    ZKX Protocol ($ZKX) Token Airdrop Guide: LIVE NOW!

    ZKX Protocol is a perpetual futures DEX built on StarkNet. Their team has hinted at a token airdrop to the community in the future! In this article, we will briefly explain what ZKX Protocol is and what you can do to position for the airdrop.

    ZKX Protocol Airdrop Step-by-Step Guide

    Here’s how to get the $ZKX token airdrop:

    1. Connect Your Wallet to ZKX Testnet
    2. Trade Perpetual Futures
    3. Provide Feedback

    See below for more in-depth details!

    What is ZKX Protocol?

    ZKX is a permissionless protocol for derivatives built on StarkNet, with a decentralized order book and a unique way to offer complex financial instruments as swaps. It allows users to trade perpetual futures while maintaining self-custody of their funds.

    Additionally, the platform is governed by ZKX DAO. Community members can earn USDC from ZKX DAO by trading, staking, providing liquidity, or becoming a node provider. The more actions a stakeholder performs, the more digital shares of ZKX they will accumulate.

    In July 2022, ZKX raised $4.5 million in a seed funding round with participation from StarkWare, Huobi, Crypto.com, Amber Group, HashKey Capital and more.

    Does ZKX Protocol Have a Token?

    Yes, ZKX Protocol plans to launch its $ZKX token in the future. Token holders can stake their tokens to gain access to digital shares of ZKX, which is linked to both governance and protocol rewards.

    ZKX has also hinted on Telegram about conducting a future airdrop. Therefore, it is likely that early testnet users may qualify for the airdrop when the token launches.

    How to Get the $ZKX Airdrop?

    The best way to get the $ZKX airdrop is to interact with the ZKX testnet. Here’s a step-by-step guide:

    1. Connect Your Wallet to ZKX Testnet

      Connect your MetaMask or other supported wallets to the ZKX Testnet page. Click on “Link Wallet” to sign the message confirming you are the owner of the wallet. Switch the network to Goerli.

      Once your wallet is connected, you will have a ZKX account with 10,000 test USDC. Please note that this process may take some time.

    2. Trade Perpetual Futures

      Now you can start trading at the Trade page. Select a trading pair and place an order. There is a slider button you can turn on that allows you set the leverage ratio by moving the slide bar.

      You can see all of your created orders at the Orders page. There are many order types on ZKX. They have a complete guide on how to trade.

    3. Provide Feedback

      You can send your feedback and requests by clicking on the “?” button on the top right screen.

    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: The ZKX team has hinted on Telegram that there might be a future airdrop for the community.

    Airdropped Token Allocation: There is no tokenomics yet.

    Airdrop Difficulty: Simply trade perpetual futures on the testnet. The UI and UX of the testnet page are user-friendly.

    Token Utility: The $ZKX token can be staked to gain access to digital shares of the protocol, which is linked to both governance and protocol rewards.

    Token Lockup: There is no tokenomics yet.

  • Davos Protocol ($DGT) Token Airdrop Guide: LIVE NOW!

    Davos Protocol ($DGT) Token Airdrop Guide: LIVE NOW!

    Davos Protocol is a new type of stable asset protocol that allows users to earn yield from staked assets with low collateral risk. Its mainnet was recently launched on Polygon, and early users could qualify for a potential airdrop. In this article, we will briefly explain what Davos Protocol is and what you can do to position for the airdrop.

    Davos Protocol ($DGT) Airdrop Step-by-Step Guide

    Here’s how to receive the $DGT airdrop:

    1. Connect Your Wallet to Davos Protocol
    2. Deposit $MATIC as Collateral
    3. Stake $DAVOS to Earn $DGT
    4. Deposit on Gamma Boosted Vaults
    5. Provide Liquidity on Uniswap or QuickSwap

    See below for more in-depth details!

    What is Davos Protocol?

    The Davos Protocol is a new type of stable asset protocol that solves the problem of locked-up liquidity in a sustainable way. It achieves this by using liquid staking and over-collateralization to enable a real yield extracted from liquid staking rewards for Davos stable assets on proof-of-stake (PoS) networks.

    The monetary policy of Davos regulates the price stability of the stable asset $DAVOS. Through a revenue distribution system, Davos rewards liquidity providers with a stable yield. It accepts coins from multiple PoS networks as collateral to borrow $DAVOS stable assets and runs diverse low-risk strategies to generate yield from the collateralized assets. The generated yield is then redistributed to $DAVOS stakers and DEX liquidity providers.

    Does Davos Protocol Have a Token?

    Yes, Davos Protocol uses a dual token model consisting of $DAVOS and $DGT. $DAVOS is the stable asset backed by staked MATIC as collateral, allowing users to yield farm. On the other hand, $DGT is used for platform governance, participants incentivization, and voting on upgrades such as adding a new vault or changing protocol parameters and fees.

    $DAVOS is already live and in use, but the $DGT token will launch in the future.

    How to Get the Davos Protocol ($DGT) Token Airdrop?

    The best chance to get the $DGT token airdrop is to interact with the Davos Protocol mainnet. Here’s a step-by-step guide:

    1. Connect Your Wallet to Davos Protocol

      Connect your MetaMask or other supported wallets to the Davos Protocol app. Switch the network to the Polygon mainnet.

    2. Deposit $MATIC as Collateral

      Go to the borrow page, provide $MATIC as collateral to borrow $DAVOS tokens.

      The Davos team recommends keeping the borrowing amount under 75% of the maximum limit to prevent loan liquidation, which could occur due to changes in the collateral’s value.

    3. Stake $DAVOS to Earn $DGT

      Go to the earn page, stake your $DAVOS to earn $DGT rewards which could translate to the token when it is launched.

      If you unstake your tokens, you will need to repay the debt you owe in $DAVOS tokens to close your position.

    4. Deposit on Gamma Boosted Vaults

      On the same page, you can deposit USDC/DAVOS pair on Gamma via Uniswap or QuickSwap.

    5. Provide Liquidity on Uniswap or QuickSwap

      You can also directly provide USDC/DAVOS liquidity on Uniswap or QuickSwap.

    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: Davos Protocol has not launched its $DGT token yet, but early users can potentially qualify for an airdrop.

    Airdropped Token Allocation: Token allocation for airdrops is not confirmed yet.

    Airdrop Difficulty: The steps are straightforward. Just provide $MATIC as collateral to borrow and stake $DAVOS. However, keep in mind that real funds are used, as it is deployed on the Polygon mainnet.

    Token Utility: $DAVOS is the stable asset backed by staked $MATIC, whereas $DGT is the governance token of the protocol.

    Token Lockup: There is no information on token lockup yet.