Tag: Airdrop

Nexon Finance ($NXN) Token Airdrop: LIVE NOW!
Nexon Finance’s testnet is now live on zkSync, and users of the protocol can potentially qualify for an airdrop. In this article, we will explain what Nexon Finance is and what you can do to position yourself for the airdrop.

Nexon Finance ($NXN) Airdrop Step-by-Step Guide

Here’s how to get a potential Nexon Finance ($NXN) airdrop:
1. Connect Your Wallet to zkSync Era Testnet
2. Bridge ETH Goerli to zkSync
3. Claim Testnet Tokens on Nexon Finance
4. Use the Supply, Borrow, Withdraw, and Repay Features
5. Complete Crew3 Tasks
See below for more details.

What is Nexon Finance?

Nexon Finance offers a collection of DeFi lending services that enhance the efficiency of lending and borrowing crypto assets for users. These services are supported by zkSync, a highly secure ZK-rollup that supports almost all tokens and offers instant, low-cost transactions.

By taking advantage of zkSync’s low network congestion, Nexon is able to reduce the impact of high Ethereum gas fees while maintaining security and user control. The Nexon ecosystem includes various products such as pooled lending and peer-to-peer lending, with the goal of creating a comprehensive suite of offerings.

Does Nexon Finance have a Token?

Yes, Nexon Finance confirmed in its whitepaper that there will be a $NXN token. The token offers governance capabilities, enabling stakeholders to make important decisions related to user incentives, grants, and protocol parameters. Additionally, the token provides revenue sharing opportunities, allowing users to earn a portion of the protocol’s revenue by holding the rbNXN token. This incentivizes long-term supporters of the project to continue backing it.

According to its tokenomics, $NXN has a total supply of 97 million tokens. 61% of it will be allocated to community incentives, which usually means an airdrop-opportunity.

How to Receive Potential $NXN Airdrop?
The best chance to receive the $NXN airdrop is to interact with their testnet to be included in the snapshot. Here’s a step-by-step guide:
1. Connect Your Wallet to zkSync Era Testnet
  Go to testnet.nexon.finance and connect your MetaMask wallet. Switch the network to zkSync Era Testnet (or Alpha Testnet if you added the RPC last year).
2. Bridge ETH Goerli to zkSync
  Claim some Goerli ETH for gas fees from faucets such as goerli-faucet.pk910.de or goerlifaucet.com. Then, bridge them to zkSync using the zkSync Bridge. It will take a few minutes for the assets to pop up in zkSync.
3. Claim Testnet Tokens on Nexon Finance
  Click on “Claim Tokens” on the top right hand corner of the screen, then click on “Tweet & Proceed” to start using the testnet.
4. Use the Supply, Borrow, Withdraw, and Repay Features
  Select any asset and enable the “collateral” button on the right side of the tab. You can choose to supply, borrow, withdraw, and repay these assets.
5. Complete Crew3 Tasks
  Nexon Finance has a Crew3 page with various tasks. Connect your Discord account and complete these tasks for a higher chance of receiving an 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: Although Nexon Finance has not officially confirmed the $NXN airdrop, their tokenomics show a large portion of the tokens will be allocated for community incentives. This usually indicates an airdrop for testnet users.

Airdropped Token Allocation: $NXN has a total supply of 97 million tokens. 61% of it will be allocated to community incentives (e.g. airdrops)

Airdrop Difficulty: It is very easy to qualify for the airdrop. All you have to do is connect to the zkSync testnet network in your MetaMask, claim testnet tokens, and start supplying and borrowing assets.

Token Utility: $NXN is a governance token that also has revenue-sharing capabilities, incentivizing long-term supporters.

Token Lockup: 12% and 2% of the total supply are allocated to team members and advisors, respectively. There will be a 6-month lockup and 3-year linear vesting for each.
March 25, 2023
Collab.Land ($COLLAB) Token Airdrop Guide: How to claim
Collab.Land announced a token airdrop along with the launch of their DAO and Marketplace. The token claim starts on February 23, 2023. Here’s what you need to do to be eligible for their airdrop.

Check out our Vela Exchange Airdrop Guide and Lens Protocol Airdrop Guide for upcoming confirmed airdrops and how to get them.

Collab.Land ($COLLAB) Airdrop Claim Step-by-Step Guide

Here’s a step-by-step guide on how to claim your Collab.Land ($COLLAB) token airdrop:
1. Go to wagmi.collab.land.
2. Login to your Discord or Telegram account and log in to your Discord or Telegram account. If you hold a Collab.Land Membership or Patron NFT, you should first join the Collab.Land Discord and claim your role before proceeding with the token claim process.
3. After the video, there will be a page showing your $COLLAB token airdrop.
4. Enter your Ethereum address and click “Claim” to have your $COLLAB tokens sent there. No message signature or gas fees are required.
See below for more details.

What is Collab.Land?

Collab.Land provides a community management platform for tokens and NFTs that can be integrated with Discord and Telegram. The platform allows for easy assignment of permissions to users based on their token ownership, so if a user possesses a specific NFT, they can gain access to exclusive channels according to the NFT’s metadata. Collab.Land also performs regular checks in the background to confirm that users still hold the digital assets that allow them to access the community.

Thousands of communities use Collab.Land to provide token-based access to private chats and content, such as Axie Infinity, Time, and NBA Top Shot.

What is the Collab.Land ($COLLAB) token?

The $COLLAB token will be used for governance.

Who is Eligible for the Token Airdrop?

The following four groups are eligible for the $COLLAB airdrop:
1. Verified community members in Discord or Telegram
2. Collab.Land’s top 100 Discord communities based on membership, longevity, and activity
3. Collab.Land Patron NFT holders (token numbers 1-142)
4. Collab.Land Membership NFT holders
For Group 1 and 2, the snapshot was taken on 14th February 2023. For Groups 3 and 4, NFTs can each claim tokens once.

I Missed the Snapshot! Is There a Way to Claim $COLLAB Airdrop?

If you missed the snapshot on 14th February 2023, you can try to purchase a Collab.Land Genesis Membership NFT or a Collab.Land Patron NFT on OpenSea.

How to Claim $COLLAB token airdrop?

Claim your $COLLAB token airdrop anytime between 6pm MST on 23 February and 23 May 2023. Here’s how to claim your $COLLAB token airdrop:
1. Go on the wagmi.collab.land website.
2. Authorize your Discord or Telegram account and log in to your Discord or Telegram account, as the case may be. If you hold a Collab.Land Membership NFT or a Patron NFT, you should first join the Collab.Land Discord and claim your role before proceeding with the token claim process.
3. After the video, there will be a page showing your $COLLAB token airdrop.
4. Enter your Ethereum address and click “Claim” to have your $COLLAB tokens sent there. No message signature is required, and you don’t need to pay gas.
How to claim your $COLLAB tokens (Source: ispeak_nerd)

How many $COLLAB tokens will I receive?

The number of $COLLAB tokens you will receive depends on whether you are a Community Member or NFT holder:
- Community Members on Discord or Telegram each get 10 tokens. So those of you who verified both Discord and Telegram would get 20 $COLLAB.
- Membership NFT holders with token ID between 0 – 28313 (based on a snapshot taken on 14 February 2023 at 12pm PST) will get 1,412 $COLLAB per NFT.
- Patron NFT holders with token ID 0-141 (based on a snapshot taken on 14 February 2023 at 12pm PST) get 281,690 $COLLAB per NFT.
$COLLAB Token Distribution

The total supply of $COLLAB is at 1 billion tokens. The DAO Treasury reserves 50% for future distributions and use. 25% goes to the Lens Protocol team and their partners and investors. The remaining 25% goes to retroactive distribution, which is the airdrop.

Within the retroactive distribution, 60% of $COLLAB goes to the top 100 Discord communities. 16% goes to Collab.Land Patron NFT holders. Another 16% goes to Collab.Land Membership NFT holders, and the last 8% goes to verified community members as of 14th February, 2023.

Airdrop Token Distribution (Source: wagmi.collab.land)

Collab.Land 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: Collab.Land confirmed there will be an airdrop on 23rd February, 2023.

Airdropped Token Allocation: 60% of $COLLAB goes to the top 100 Discord communities. 16% goes to Collab.Land Patron NFT holders. 16% goes to Collab.Land Membership NFT holders. The last 8% goes to verified community members as of 14th February 2023.

Airdrop Difficulty: If you made the snapshot on 14th February, you just have to wait and claim the tokens starting on 23rd February. But if you missed it, you can try to purchase a Collab.Land Genesis Membership NFT or a Collab.Land Patron NFT on OpenSea.

Token Utility: The primary purpose of the COLLAB token is to be utilized for governance within the Collab.Land ecosystem. If individuals choose to become a part of this community, they will have the opportunity to participate in the governance process as a member of the Collab.Land DAO. Together, they will vote on feature requests, provide bounties, curate the Marketplace, and undertake other governance-related activities.

Token Lockup: The 25% of the total $COLLAB distributed to the core team, investors and partners have a four-year time-based vesting schedule with a one-year cliff.

Frequently Asked Questions (FAQs)

What is Collab.Land?
Collab Land is a decentralized, blockchain-based virtual world where users can build, share and monetize their own 3D creations.

What is the purpose of the Collab.Land Token Airdrop?
The purpose of the Collab.Land Token Airdrop is to reward early adopters of the Collab Land platform with free $COLLAB tokens

What is the value of $COLLAB tokens?
At the time of writing, the value of $COLLAB tokens are $0.254554

How can I get $COLLAB tokens?
You can get $COLLAB tokens if you were eligible fo an airdrop. Otherwise, $COLLAB tokens are traded on UniSwap. See our Uniswap tutorial here.

How many $COLLAB tokens will I receive?
Community Members on Discord or Telegram will each get 10 tokens. So if you verified both Discord and Telegram, you would get 20 $COLLAB. Membership NFT holders with token ID between 0 – 28313 will get 1,412 $COLLAB per NFT. Patron NFT holders with token ID 0-141 get 281, 690 $COLLAB per NFT.

When will the $COLLAB token airdrop end?
You can claim your $COLLAB token airdrop anytime between 6pm MST on 23 February and 23 May 2023

How do I claim by Collab.land $COLLAB token airdrop?
Go to wagmi.collab.land. Authorize and log on to your Discord or Telegram account. After watching the video, enter your Ethereum address to receive your $COLLAB.
March 25, 2023
Onchain Trade ($OT) Token Airdrop Guide: LIVE NOW!
Onchain Trade has deployed its beta on Arbitrum and zkSync, and users of the protocol can potentially qualify for an airdrop. In this article, we will explain what Onchain Trade is and what you can do to position yourself for the airdrop.

Onchain Trade ($OT) Airdrop Step-by-Step Guide

Here’s how to get a potential Onchain Trade ($OT) airdrop:
1. Buy $OT on Onchain Trade Website
2. Connect Wallet to Arbitrum or zkSync
3. Claim Goerli ETH from Faucets
4. Claim Testnet Tokens on Onchain Trade
5. Trade on Onchain Trade
6. Provide Liquidity on Onchain Trade
7. Stake Assets on Onchain Trade
See below for more details.

What is Onchain Trade?

Onchain Trade is a new perpetual decentralized exchange (DEX) that offers single token liquidity pools instead of the traditional token pairs in automated market makers (AMMs). This is done by grouping deposited tokens with its native OSD algorithmic stablecoin to form a virtual pair. This approach reduces the risk of impermanent loss, allowing for better capital efficiency for traders, liquidity providers, and third-party projects.

What is Backing the Peg of OSD Stablecoins?

OSD is backed by all the assets in liquidity pools that have a positive OSD balance as well as the treasury. When users trade, they use a starting price to form a pricing curve, similar to Uniswap. However, unlike Uniswap, they only need to use one token instead of two. By essentially connecting all assets to OSD, the protocol aims to maintain stability and avoid sharp price fluctuations seen in other algorithmic stablecoin projects, most notably Terra Luna.

It is important to note that algorithmic stablecoins are still deemed unstable because of its dependency on strong liquidity and market mechanisms. If a large investor were to take actions that significantly impacted the supply or demand of the asset, it could potentially affect the stability of the algorithmic stablecoin.

Does Onchain Trade have a Token?

Yes, Onchain Trade has confirmed in its document that there will be an $OT token. $OT is the governance token of the protocol and it has a non-transferable staking counterpart called vOT. $OT has a total supply of 100 million tokens and it will be launched on Arbitrum.

According to the tokenomics, 50% will be allocated to liquidity/trading incentive and airdrops. Additionally, 10% will be up for public sale (IFO) from 10th March to 17th March 2023. $OT holders will also be eligible for an airdrop!

How to Receive $OT Token Airdrop?
The best way to receive $OT airdrop is to participate in the IFO and interact with their beta testnet. Here’s a step by step guide:
1. Buy $OT on Onchain Trade Website
  Public sale will take place on the Onchain Trade website between 10th March and 17th March 2023. $OT holders will be eligible for an airdrop.
2. Connect Wallet to Arbitrum or zkSync
  Go to beta.onchain.trade and connect your MetaMask. Switch the network to Arbitrum Goerli or zkSync Era Goerli (or Alpha Testnet if you added the RPC last year).
3. Claim Goerli ETH from Faucets
  Claim Goerli ETH on goerli.portal.zksync.io/faucet for zkSync and faucet.triangleplatform.com/arbitrum/goerli for Arbitrum.
4. Claim Testnet Tokens on Onchain Trade
  Click “Test tokens” at the top right side of the screen. Afterwards, you can see your account balance at beta.onchain.trade/portfolio.
  
  If you want to see it in your MetaMask, you will need to import the contract address of the tokens to see your account balance. To do this, click the transaction hash and it will redirect you to the block explorer, where you can copy and paste the information to your MetaMask.
5. Trade on Onchain Trade
  Go to beta.onchain.trade/trade to swap tokens including OSD stablecoins, enter long positions, and short positions.
6. Provide Liquidity on Onchain Trade
  Go to beta.onchain.trade/pools and select any available asset you want to deposit. After depositing, you will receive a single LP token. You can also use the borrow and repay feature.
7. Stake Assets on Onchain Trade
  After providing liquidity, you can stake your LP tokens as well as $OT at beta.onchain.trade/earn. You can also use the borrow mining feature after borrowing assets.
Onchain Trade ($OT) Token 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: Onchain Trade has confirmed in its document that there will be an airdrop.

Airdropped Token Allocation: 50% of the total $OT supply will be allocated to liquidity/trading incentives and airdrop. An additional 10% will be airdropped to holders who buy $OT in the public sale from 10th March to 17th March 2023.

Airdrop Difficulty: The steps are relatively easy. You can buy $OT in the public sale for more airdrops or you can interact with their beta testnet to qualify for the snapshot.

Token Utility: $OT is the governance token of the protocol and it has a non-transferable staking counterpart called vOT.

Token Lockup: The $OT tokens allocated for incentives will follow a 2 to 5 year vesting schedule. The team is allocated 20% of the total supply, which will be locked for the first three months and then distributed linearly over the next 24 months, resulting in a total lock-up period of 27 months.
March 25, 2023
Myria Token and NFT Airdrop: The Complete Guide
Myria is a decentralized Ethereum layer-2 platform powered by StarkWare, designed to scale digital assets, NFTs, and blockchain gaming. Their mainnet is already live, and their token is expected to launch soon. In this article, we will explain what Myria is and how you can position yourself for all these airdrop rewards.

Myria Airdrop Step-by-Step Guide

Here’s a step-by-step guide on how to get a potential Myria token airdrop:
1. Create a Wallet
2. Deposit Some ETH into your Wallet
3. Buy NFTs on the Marketplace
4. Run a Node
See below for more details.

What is Myria?

Myria is a layer-2 platform designed to address the challenges faced by the Ethereum network, such as low throughput rate and slow transaction confirmation. Developed in partnership with StarkWare, Myria leverages Zero-Knowledge Rollup (ZK-Rollup) technology to provide scalable and secure transactions with 0 gas fees when minting and trading NFTs.

Blockchain Gaming and NFT Ecosystem

The Myria ecosystem includes their browser built-in Myria Wallet, NFT Marketplace, a player-focused gaming studio, and a decentralized NFT and blockchain solutions platform. The platform offers developers a suite of tools, including APIs, SDKs, and a Domain Specific Language (DSL), to simplify blockchain interactions and help them launch their projects in a matter of hours. Additionally, Myria is committed to regulatory compliance and provides a fully compliant platform for its trusted partners. The comapny is aimed at NFT users and gamers, providing a non-custodial cryptocurrency wallet and a dedicated Web3 marketplace to trade digital assets and collectibles.

Who is the Team behind Myria?

Myria has a large team of 100+ people who are experts in many different fields such as blockchain development, engineering, game design and digital art. Co-founder and CTO Andrew Silber is a gaming veteran, having worked for some of the biggest names in the industry including Activision, Electronic Arts, 2K, Ubisoft, and Sony.

Does Myria have a Token?

Yes, Myria plans to launch an ERC-20 utility token called MYRIA. The token is used for conducting transactions on the layer-2 scaling protocol and provides extra benefits within selected video games. It will be given to gamers, node operators, and other members of the ecosystem, forming a self-sustaining economy among users to boost the growth of the ecosystem.

How to Receive Potential Myria Airdrop?
Time needed: 15 minutes
The best chance to receive MYRIA airdrop is to create transactions on Myria L2, hold an NFT, and run a node. Completing these steps puts you in a great position to be eligible for an airdrop. Here’s a step-by-step guide:
1. Create a Wallet
  You can connect your MetaMask wallet on myria.com to create a wallet. Be sure to read the terms & conditions and privacy policy before you click the “Sign” button. Additionally, you can choose to add an email address to your new account to receive transaction notifications.
2. Deposit Some ETH into your Wallet
  Deposit as little as $2 worth of ETH from the mainnet to be included in the snapshot.
3. Buy NFTs on the Marketplace
  Once you have some ETH in your wallet, you can buy some NFTs in their marketplace. Don’t worry, most of these NFTs are very cheap. From here, you can choose to trade or hold them.
4. Run a Node
  You can run a node and earn free tokens and NFT rewards. 36% of their token supply is allocated to node emission. However, there will only ever be 40,000 nodes, and you will have to purchase them at myria.com/nodes.
March 25, 2023
Shardeum ($SHM) Token Airdrop Guide: Earn $1500 for Free
Shardeum is an upcoming linearly scalable layer-1 blockchain using dynamic state sharding similar to NEAR Protocol. The project is still in its early phase, which means early users can potentially secure massive Shardeum $SHM token airdrop rewards.

Check out our Sui Airdrop Guide and Scroll Airdrop Guide for another highly anticipated token airdrop.

Shardeum ($SHM) Airdrop Step-by-Step Guide

Here’s how to get a potential Shardeum ($SHM) airdrop:
1. Add Shardeum Network on MetaMask.
2. Go to the Shardeum betanet and claim testnet SHM.
3. Interact with projects on the Shardeum ecosystem.
4. Become a Shardeum YouTube creator.
See below for more details.

What is Shardeum?

Shardeum is a smart contract platform built on the Ethereum Virtual Machine (EVM) that uses dynamic state sharding to scale efficiently. Although it shares similarities with other state sharding platforms like Harmony, Elrond and NEAR Protocol, it distinguishes itself by having a unique approach to consensus.

What is Sharding?

Unlike most platforms that group transactions into blocks and perform consensus at the block level, Shardeum performs consensus on each transaction individually. This enables simultaneous processing of transactions that affect multiple shards, instead of consecutive processing as with block level consensus. This speeds up the processing time and removes the need for complex atomic processing as required by block level consensus platforms.

Dynamic State Sharding

Shardeum has a unique feature in its use of dynamic state sharding. In dynamic state sharding, each node has a different set of addresses to manage. But, there is a significant overlap between the different nodes. This is contrasted with static state sharding, where all nodes in a shard are responsible for the same set of addresses.

While dynamic state sharding is more challenging to implement compared to static state sharding, it offers a more efficient solution for scaling the network. With dynamic state sharding, every new node added to the network instantly increases the transaction per second (TPS) rate. In contrast, static state sharding requires a minimum number of nodes to join the network before creating a new shard, and gradually increases the TPS rate.

Who is the Team behind Shardeum?

Nischal Shetty and Omar Syed co-founded Shardeum. Shetty is the founder and CEO of WazirX, the largest crypto exchange in India with over 10 million active users. Syed is a blockchain architect who has helped large organizations build scalable, fault-tolerant distributed systems such as NASA, Yahoo, Zynga, and Shardus.

In October 2022, Shardeum successfully raised $18.2 million in seed funding from more than 50 investors worldwide. These investors include Jane Street, Struck Crypto and the Spartan Group.

Does Shardeum have a Token?

Validators and standby nodes will generate $SHM, Shardeum’s native coin, through mining – see their litepaper. This acts as a reward for their contribution to the network. Users will use the $SHM token to pay gas fees for transferring assets and executing smart contracts on the network

Shardeum reserves 51% of its maximum supply of 508 million tokens for the community.

How to Receive Potential Shardeum ($SHM) Token Airdrop?

Shardeum have not confirmed an airdrop, yet. However, the best chance to receive $SHM airdrop is to interact with their testnet. Shardeum recently launched their betanet, and protocols on there also have incentives for early users. This puts you in a great position to earn more rewards! Here’s how to do this:
1. Add Shardeum Network on MetaMask.
2. Go to the Shardeum betanet and claim testnet SHM.
3. Interact with projects on the Shardeum ecosystem.
4. Become a Shardeum YouTube creator.
Add Shardeum Network on MetaMask

Shardeum created a list of all their network endpoints on their user document. You can choose to connect them automatically or add them manually to your MetaMask RPC. Their latest one is Sphinx 1.X, which is their betanet and the final step before the mainnet launch. We recommend adding this to your MetaMask. To do this, go to Shardeum’s developer docs, go to Network and Endpoints, then click “Click to Connect to Sphinx 1.x”.

docs.shardeum.org/network/endpoints

Claim Faucet Tokens

After adding Shardeum to MetaMask, you will need testnet tokens to interact with their platform. There are 2 ways to do this, either on their website or to the Shardeum Liberty Network faucet.

On the Shardeum website, click “Claim Testnet SHM”. You will then need to join their Discord and claim tokens using their Discord faucet text channels.

Claim testnet SHM on Shardeum website

Alternatively, you can claim Shardeum testnet tokens using the Shardeum Liberty Network faucet. But first, you will have to click “Tweet Now” for them to send you tokens. This is to prevent faucet bot abuse from using up all available $SHM. Remember to add your wallet address before you Tweet out the message. Finally, copy your Tweet link and paste it into the request box.

Shardeum Faucet

Interact with projects on the Shardeum ecosystem

Shardeum has nearly 60 projects in its ecosystem, ranging from DeFi protocols to decentralized exchanges (DEXs). Interacting with these ecosystem projects will likely put you in a good position to receive any potential Shardeum airdrop. However, here are some projects which we think may have a higher chance of receiving an airdrop if you interact with them.

Shardeum Swap

Shardeum Swap is one of the first decentralized exchanges (DEX) built on the network. Therefore, it is very likely that users interacting with the protocol are included in the snapshot. Here you can (1) swap SHM to SSWAP tokens, (2) wrap SHM to WSHM, and (3) provide liquidity to pools. Remember that these are testnet tokens, so feel free to play around with the DEX.

Shardeum Swap

Swapped Finance

Swapped Finance is an automated market maker (AMM) DEX built on the network. But it has more features to offer such as yield farming, staking, limit orders, margin orders, launchpad, and lending/borrowing. As long as you use your testnet tokens for swapping or liquidity provision, there is a high chance you will be included in the snapshot.

Swapped Finance

DAOStarter

Shardeum is working with DAOStarter on a test party campaign, which will run until 31st March 2023 at 9:00 am UTC. Users can join the DAOStarter betanet on Shardeum Sphinx and mint an exclusive NFT. To do this, you will need to complete all 6 tasks listed on Galxe. Remember, you will need to switch to BSC network to do this. Complete the tasks and click “Claim”, note this will require you to pay gas fees in BNB.

Complete tasks to mint exclusive DAOStarter NFT

Become a Shardeum YouTube Creator

As an additional task, you can also apply to become a Shardeum YouTube Creator, which the team promises will offer you performance-based rewards. To become a Shardeum YouTube Creator you will need to complete the following steps:
1. Complete their application form.
2. Create a content calendar for Shardeum’s YouTube channel.
3. With the help of Committers, create and edit videos on Shardeum-related topics, EVM-related topics, and developer tutorials.
4. Host Live videos on topics relating to current web3 trends, project updates and AMAs.
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: No airdrop has been announced yet. But Shardeum recently launched their betanet, and protocols on there have incentives for early users.

Airdropped Token Allocation: The team expects to give 51% of its token supply to the community but did not specify how much of this would be allocated towards airdrops.

Airdrop Difficulty: Shardeum has not yet released details about its airdrop rules. There may be a chance of being eligible for $SHM airdrops by interacting with their testnet. This is relatively simple since you can use testnet tokens, which are free.

Token Utility: $SHM will be used to pay gas fees for transfers and smart contract execution on the network.

Token Lockup: There is no announcement on when the $SHM token would be launched.
March 25, 2023
SharDex ($SDT) Token Airdrop Guide: LIVE NOW!
SharDex is now live on Shardeum Liberty 2.X, and they have launched a million-point airdrop plan. Users can earn Share Points by inviting friends and completing simple tasks on their Crew3 page. These points will be translated to token rewards in the future. In this article, we will explain what SharDex is and what you can do to position yourself for the airdrop.

Use our invite link to sign up with their testnet (we each get Share Points)!

SharDex ($SDT) Airdrop Step-by-Step Guide

SharDex hinted at several ways you could get a token airdrop. Here’s how to get a potential $SDT airdrop:
1. Enter SharDex Waitlist with Our Referral Link
2. Claim SBT and Complete Crew3 Tasks
3. Swap Tokens
4. Stake $SDT in Pools
5. Provide Liquidity and Stake LP Tokens
6. Bridge Assets to Shardeum (For SBT Holders Only)
See below for more details.

What is SharDex?

SharDex is a new trading platform that has been launched on the Shardeum blockchain. It leverages Shardeum’s dynamic state sharding to provide users with the best possible on-chain trading experience for assets. The platform includes a range of asset management solutions, such as Bridge, Swap, NFT Marketplace, Launchpad, and DAO.

These features allow users to easily transfer assets from other chains to Shardeum, and exchange them for other assets in a secure, affordable, and user-friendly way. With SharDex, users can manage their assets more efficiently and take advantage of the benefits of decentralized trading.

Does SharDex have a Token?

Yes, SharDex’s ticker symbol is $SDT, as confirmed on their testnet. Please note that this is not to be confused with the Soul Bound Token (SBT), which is obtained by successfully referring 3 friends and serves as an admission ticket for their future Initial DEX Offering (IDO).

SharDex has also confirmed in its roadmap that there will be an $SDT airdrop in the future.

How to Receive $SDT Airdrop?
The best way to get the $SDT airdrop is to earn Share Points on the testnet and claim the Soul Bound Token (SBT). You can also use the testnet products (i.e. swaps, liquidity pool, bridge) to qualify for a potential snapshot. Here’s a step-by-step guide:
1. Enter SharDex Waitlist with Our Referral Link
  Use our invite link to enter the SharDex Waitlist (we each get Share Points)! Connect your MetaMask wallet and switch the network to Shardeum Liberty 2.X.
  
  Afterwards, bind your Twitter and Discord accounts, and you will have your own referral link to invite friends for more Share Points.
2. Claim SBT and Complete Crew3 Tasks
  After successfully referring 3 friends, you can claim your SBT and join the SharDex NFT Waitlist for the Genesis Airdrop. Additionally, you can complete their Crew3 tasks to earn more Share Points. They are very easy to complete.
3. Swap Tokens
  From this point on, it’s optional, but participating may increase your chances of being included in an airdrop if there are snapshot criteria for using the protocol.
  
  Get some $SHM at faucet.liberty20.shardeum.org, and then you can swap tokens at testnet.shardex.org/swap.
4. Stake $SDT in Pools
  Stake some testnet $SDT at testnet.shardex.org/pools. You can choose to stake manual SDT or Auto SDT, similar to the compounding features of PancakeSwap.
5. Provide Liquidity and Stake LP Tokens
  If you have at least 2 tokens, you can provide liquidity for certain trading pairs by depositing them at testnet.shardex.org/pool. After getting the LP tokens, you can stake them at testnet.shardex.org/farm to earn more $SDT.
6. Bridge Assets to Shardeum (For SBT Holders Only)
  Once you have your SBT, you can use their Bridge feature. You will need some $SHM to cover gas fees. As of now, there are five test coins to bridge between seven different testnets.
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 will be an airdrop in the future, according to SharDex’s roadmap.

Airdropped Token Allocation: Token distribution information will be released soon.

Airdrop Difficulty: The tasks are straightforward and easy to complete. Simply connect your wallet to Shardeum Liberty 2.X, bind your Twitter and Discord accounts, and refer your friends using the invite link. You will earn Share Points for completing these tasks, which can be redeemed for token rewards in the future. Additionally, after successfully referring three friends, SharDex will automatically send an SBT to your wallet, which can be used as a ticket for future IDOs and airdrops.

Token Utility: SharDex has not yet published details of the utilities of $SDT, but it is likely that they will follow a similar model to other DEX protocols, including governance rights, fee discounts, yield farming, and listing fees.

Token Lockup: Tokenomics has not yet been published.
March 25, 2023
Vertex Protocol ($VRTX) Token Airdrop Guide: LIVE NOW!
Vertex Protocol’s testnet is currently live, and they are planning to launch their $VRTX token. This means that an airdrop is very likely. In this article, we will explain what Vertex Protocol is and what you can do to position for the airdrop.
Table of Contents

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Vertex Protocol ($VRTX)Airdrop Step-by-Step Guide

What is Vertex Protocol?

Does Vertex Protocol have a Token?

How to Receive Potential $VRTX Airdrop?

Airdrop Review
Vertex Protocol ($VRTX)Airdrop Step-by-Step Guide

Here’s how to get a potential Vertex Protocol ($VRTX) airdrop:
1. Connect Arbitrum Goerli to your Wallet
2. Claim Testnet Faucet ETH
3. Claim Extra Testnet Funds on Vertex Protocol
4. Deposit Funds to Start Trading
5. Trade on Vertex Protocol
See below for more details.

What is Vertex Protocol?

Vertex Protocol is a decentralized exchange (DEX) that offers fast and efficient cross-margined spot and derivatives trading, lending and borrowing for yield or leverage, and a robust risk engine for capital efficiency and risk management. It features an easy-to-use UI/UX for both Web3 and Web2 preferences, industry-leading fees, and complete self-custody of funds.

Built on Arbitrum, Vertex leverages smart contracts for optimal liquidity and trading opportunities, multiple UIs catering to traders of different levels and goals, a high-quality software development kit, future tokenomics for strong alignment of incentives and governance rights, and seamless bridging and on/off ramp experiences directly in the dApp. With Vertex, users can enjoy a frictionless decentralized trading experience while having full custody of their own funds.

Does Vertex Protocol have a Token?

Yes, Vertex Protocol confirmed in their litepaper that they are planning to launch their $VRTX token. It is a governance token that allows users to participate in the protocol in a decentralized manner. Additionally, Vertex will create two other tokens: xVRTX, a liquid staking token, and voVRTX, a voting token that cannot be transferred. Both tokens are crucial in rewarding stakeholders at different levels of governance and participation based on their level of commitment to the protocol.

How to Receive Potential $VRTX Airdrop?
Time needed: 15 minutes

The best chance to receive a potential $VRTX airdrop is to interact with the Vertex Protocol testnet. Here’s a step-by-step guide on how to position yourself for the airdrop:
1. Connect Arbitrum Goerli to your Wallet
  Go to app.vertexprotocol.com/portfolio/overview, connect your MetaMask and switch to the Arbitrum Goerli network. It will automatically connect for you.
2. Claim Testnet Faucet ETH
  Copy and paste your wallet address at faucet.triangleplatform.com/arbitrum/goerli to claim 0.01 testnet ETH on Arbitrum Goerli. You will need this for gas fee in the next step.
3. Claim Extra Testnet Funds on Vertex Protocol
  After you have some testnet ETH on your Arbitrum Goerli, go to app.vertexprotocol.com/portfolio/faucet. You can mint testnet wBTC, wETH, and USDC here. You can mint as many times as you like, but keep in mind they have no monetary value.
4. Deposit Funds to Start Trading
  Go to app.vertexprotocol.com/portfolio/overview and click “Deposit”, and then approve and confirm the transaction. Keep in mind your deposits may take a few minutes to be reflected in balances.
5. Trade on Vertex Protocol
  Once your funds are deposited, you can start trading on the spot market or perpetuals. Since these are testnet tokens, feel free to go crazy on those trades! We recommend making at least 10 trades per day to secure a position for the airdrop snapshot.
  
  You can check your open orders at app.vertexprotocol.com/portfolio/orders, your perpetual positions at app.vertexprotocol.com/portfolio/positions, and your account balance at app.vertexprotocol.com/portfolio/balances.
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. (perfumesample.com) Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Vertex Protocol has not officially announced an airdrop. However, their testnet is currently live and they are planning to launch the $VRTX token, which means an airdrop is very likely.

Airdropped Token Allocation: Their tokenomics is not yet available, so this information is unknown for now.

Airdrop Difficulty: It is very simple to qualify for the airdrop. All you have to do is connect to the Arbitrum Goerli network in your MetaMask, claim testnet tokens, and start trading.

Token Utility: The $VRTX token is a governance token that enables users to participate in Vertex Protocol in a decentralized manner. The protocol will also introduce two other tokens: xVRTX, a liquid staking token, and voVRTX, a voting token that cannot be transferred. These tokens will be used to reward stakeholders at different levels of governance and participation based on their level of commitment to the protocol.

Token Lockup: The $VRTX token lockup period is unknown for now.
March 25, 2023
GammaX Exchange Token Airdrop Guide: LIVE NOW
The GammaX Exchange beta testnet is now live. Users can complete simple tasks to earn points in exchange for GammaX tokens. The more points you earn, the more tokens you can receive. In this article, we will explain what GammaX Exchange is and how to position yourself for the upcoming airdrop.

GammaX Exchange Airdrop Step-by-Step Guide

Here’s how to get a potential GammaX Exchange airdrop:
1. Sign Up for Beta Testnet here.
2. Answer Quizzes on Learn-to-Earn Platform
3. Share Referral Link
4. Follow GammaX Exchange on Twitter
See below for more details.

What is GammaX Exchange?

GammaX Exchange is a decentralized platform for trading derivatives that provides the best of both worlds: the speed and liquidity of a centralized exchange and the security and governance of the blockchain. With audited smart contracts on StarkWare L2, GammaX ensures security and custody of users’ assets.

The platform also offers a fast and easy user experience with an optimized off-chain order book, matching engine, and intuitive user interface. GammaX’s unique tokenomics and rewards system incentivizes genuine trading and retention while discouraging fraudulent activities such as wash trading and pumping/dumping of the token value.

Investor Funding

GammaX Exchange is backed by some of the biggest names in the crypto industry such as StarkWare, Alchemy, Cobo, Matrixport, Dexterity Capital, and Kyber Ventures. In August 2022, the team successfully closed a $4 million seed round, with Genesis Trading being one of the investors just before the FTX collapse.

Does GammaX Exchange have a Token?

Yes, GammaX Exchange plans to launch their own token. The tokenomics details are not out yet, but they have recently launched a rewards platform to incentivitize users for using the protocol. You can earn pre-token Gamma Points by completing various tasks on the GammaX rewards platform. These points will most likely correspond directly to your airdrop rewards once the token is launched.

How to Receive GammaX Token Airdrop?
The best way to receive GammaX airdrop is to sign up for their beta testnet (rewards platform) and complete tasks to earn pre-token GammaX Points. Here’s a step-by-step guide:
1. Sign Up for Beta Testnet
  Sign up at gammax.exchange/beta-tester/?referral=44FA987 with our referral code (we each get 200 extra points)! Once you have signed up, 100 points will be automatically credited to your account.
  
  You can see your points and other account details at gammax.exchange/dashboard.
2. Answer Quizzes on Learn-to-Earn Platform
  There are multiple courses available on gammax.exchange/learning-rewards. These courses involve watching video guides on certain crypto topics and then doing a quiz. You can earn up to 300 points for completing each course.
3. Share Referral Link
  You will automatically receive your referral link upon signing up. If it doesn’t appear, please contact customer support by clicking the “chat” icon located at the bottom left corner of the screen.
  
  You can share your referral link with friends, and you will receive 200 points for each friend who signs up using your link (limited to 2 referrals per day).
4. Follow GammaX Exchange on Twitter
  After following GammaX on Twitter, fill out this form with your wallet address and Twitter handle. 400 points will be credited manually every Monday.
Airdrop Review

Likelihood of Airdrop: GammaX has launched a rewards platform for users to earn points from completing tasks on the beta testnet. These pre-token points will correspond to your airdrop rewards once the token is issued.

Airdropped Token Allocation: We do not yet know how much they will allocate for the airdrop. But for the time being, there is no limit to the Gamma Points you can earn.

Airdrop Difficulty: The tasks are very easy to complete. All you have to do is watch the video guides and complete the quizzes for points. Additionally, you can refer to friends with your referral link and follow GammaX on Twitter.

Token Utility: Their token utility is unknown, but it is likely it will follow the model of other decentralized exchanges (i.e. reducing transaction fees, providing liquidity).

Token Lockup: There are no available tokenomics yet.

Disclaimer: Cryptocurrency trading involves significant risks and may result in the loss of your capital. You should carefully consider whether trading cryptocurrencies is right for you in light of your financial condition and ability to bear financial risks. Cryptocurrency prices are highly volatile and can fluctuate widely in a short period of time. As such, trading cryptocurrencies may not be suitable for everyone. Additionally, storing cryptocurrencies on a centralized exchange carries inherent risks, including the potential for loss due to hacking, exchange collapse, or other security breaches. We strongly advise that you seek independent professional advice before engaging in any cryptocurrency trading activities and carefully consider the security measures in place when choosing or storing your cryptocurrencies on a cryptocurrency exchange.
January 1, 2023