Exabits ($XBIT, $EXA) provides high-performance GPU services, turning raw hardware into scalable, reliable compute power for AI, gaming, blockchain, and more. They have already launched a dedicated airdrop page which essentially confirms they will be doing an Exabits ($XBIT, $EXA) token airdrop! Here is our Exabits ($XBIT, $EXA) token airdrop guide.
Check out our step by step guide!
What is Exabits ($XBIT, $EXA)?
Exabits is a decentralized AI compute infrastructure provider that optimizes and deploys high-performance GPU clusters, transforming raw GPU hardware into scalable and reliable compute services for industries like AI, blockchain, gaming, and more. Its main features include tokenized compute solutions with $EXA and $XBIT tokens, modular infrastructure for cross-chain compatibility, and secure staking mechanisms. Exabits has raised $20 million in funding across two rounds, with notable investors including Hack VC, LBank, Protocol Labs, and Outlier Ventures. Exabits is valued at around US$150 million.
How to get the Exabits ($XBIT, $EXA) token airdrop?
Time needed: 5 minutes
Here is a step by step guide on how to get the potential Exabits ($XBIT, $EXA) token airdrop.
Register an account
Go to https://airdrop.exabits.ai/ and register an account with a username and email. Register with the email linked to your Zealy and Discord accounts to ensure accurate tracking of your points.
Complete missions to earn Points.
Log in and go to the Missions section. Complete the tasks to earn Points. Tasks include joining their social media, learning about their platofrm and inviting friends to join.
Complete weekly mission
Click on “Go” next to the weekly mission to be redirected to Exabit’s Zealy questboard. Connect to Zealy and complete the tasks there as well.
ZKsync is a layer-2 scaling solution designed to speed up transactions and lower gas fees on Ethereum. There are reports ZKsync have have their token generation event (TGE) in the coming few days. Their airdrop is also anticipated to be around 13th June 2024. Meanwhile, ZKsync airdrop could entitle you to both a ZKsync ($ZK) and an ecosystem project airdrop! Here’s how to get a potential ZKsync ($ZK) token and ecosystem airdrop.
Check out our Upcoming Crypto Airdrops! And our video guide on how to get the ZKsync $ZK token airdrop!
ZKsync is a layer-2 scaling solution designed to speed up transactions and lower gas fees on the Ethereum network while maintaining high security and privacy for users. It does this through Zero-Knowledge Rollup (ZK-Rollup) — transactions on Ethereum are bundled up to be processed off-chain and then sent back to the main chain after validation.
The ZK-rollup is the core element of ZKsync. ZK-rollups generate cryptographic proofs (ZK-SNARK or ZK-STARK) to verify transactions without revealing the information itself, hence the name “zero-knowledge proofs.” It maintains privacy by making transaction details such as token amounts anonymous. It is also highly secure because compressed transaction data are stored on-chain.
Unlike other layer-2 solutions, ZKsync relies on math instead of third-party validators to scale computation. Validators are known as “operators” or “sequencers” and are in charge of executing, aggregating, and submitting transactions to the main chain, but they do not validate the transactions themselves — the Ethereum smart contract does. By relying on math and cryptographic security, ZKsync ensures a truly secure and trustless environment for decentralized finance (DeFi).
What’s the Difference Between ZKsync Era and ZKsync Lite?
At its inception, ZKsync lacked support for smart contracts, preventing activities such as using DeFi or purchasing NFTs, which are common on Ethereum. However, it did provide significant scaling for Ethereum, leading to its nickname “ZKsync Lite.”
The ZKsync Era represents an upgrade to the network, delivering all the features of Ethereum while also providing more cost-effective and faster transactions.
Does ZKsync have a Token?
ZKsync has a native token known as $ZK, which was launched on 17th June 2024. The $ZK token is the native utility and governance token in the ZKsync ecosystem by maintaining and enhancing ZKsync’s operation. One main use for the ZKsync token is to pay for transaction fees on the ZKsync network and to vote on governance decisions. Users can also stake $ZK tokens and they will be rewarded with additional ZK tokens.
Is there a ZKsync ($ZK) Token Airdrop?
The ZKsync ($ZK) token airdrop started on 24th June 2024 and eligible users can claim their airdrop until 5th January 2025. 3.675 billion $ZK tokens i.e. 17.5% of the total token supply will be airdropped to eligible users.
How to claim ZKsync ($ZK) Token Airdrop
To check your eligibility and claim your ZKsync ($ZK) token airdrop, connect your wallet or GitHub usernameHERE.
How to Receive Potential ZKsync ($ZK) Token Airdrop?
The best chance to receive $ZKS airdrop is to interact with ZKsync Lite and ZKsync Era Mainnet Alpha. Moreover, many projects in the zkSync ecosystem also do not have a token yet. So, interacting with their ecosystem dApps may entitle you to potential airdrops from zkSync and the ecosystem project. Here’s how to receive a potential ZKsync token airdrop:
Add ZKsync Era Alpha Mainnet on MetaMask.
Bridge Funds to ZKsync.
Interact with ZKsync Lite and ZKsync Era Mainnet Alpha.
Interact with the ZKsync ecosystem.
Complete quests on ZKsync’s Crew3.
Add ZKsync Era Alpha Mainnet on MetaMask
You will need to connect ZKsync Era alpha mainnet to your MetaMask. To do this, go to your MetaMask and click on the network button, then “Add network”. Then, click “Add a network manually”. Add the following information and click “Save”:
Network Name: ZKsync Era Mainnet
New RPC URL: https://mainnet.era.zksync.io
Chain ID: 324
Currency Symbol: ETH
Block Explorer URL: https://explorer.zksync.io/
WebSocket URL: wss://mainnet.era.zksync.io/ws
Add ZKsync Era Alpha Mainnet on MetaMask
Bridge Funds to ZKsync Era Mainnetand ZKsyncLite
Bridge funds from Ethereum Mainnet to ZKsync Era Mainnet at bridge.zksync.io by connecting your wallet. Select the amount you wish to bridge and click “deposit”. Then, swap back to Ethereum Mainnet by clicking the arrows, choosing the amount you wish to bridge back to Ethereum, and click “Withdraw”.
Bridge funds to ZKsync Lite at https://lite.zksync.io/ by connecting your wallet. Then, top up your balance using the ZKsync bridge. You can also try using other bridges in the ZKsync Lite ecosystem such as Orbiter Finance and ZigZag Exchange.
Bridge funds to ZKsync
Cheapest way to bridge funds to ZKsync Era?
Here’s a cheaper way to bridge funds to zkSync Era Mainnet:
Buy ETH on a centralized exchange (e.g. Binance or Bybit)- Sign up for a Bybit account HERE!
Send your ETH from the Exchange to your Metamask using the Arbitrum network (fees are around US$1-2)
Use Orbiter Finance to bridge ETH from Arbitrum to ZKsync Era (fees are around US$2-3)
Interact with ZKsync Lite and ZKsync Era Mainnet Alpha
Any user can now use ZKsync Lite (formerly known as ZKsync 1.0) and ZKsync Era Mainnet Alpha. This can be a potential way for users to get a zkSync airdrop even though they missed the whitelist. To interact with zkSync Lite, connect your L1 ETH wallet on ZKsync Lite (note the single-time account activation fee of 1.279 USDT). Then, interact by moving your balances from L1 on ZKsync Lite by depositing ETH or USDT. Or, withdraw your funds back from ZKsync Lite to L1.
Interact with the ZKsyncecosystem
ZKsync has an entire ecosystem of protocols. Here are some top ZKsync ecosystem projects you could interact with to maximise your chances of a potential ZKsync airdrop and even double your rewards:
Orbiter Finance is a decentralized cross-rollup layer-2 bridge that supports ZKsync as well as Arbitrum. You can send ETH, MATIC, BNB and other tokens to ZKsync and other layer-2 blockchains via the bridge. However, these are mainnet tokens (with value) since the bridge is live, but you can always bridge them back to Ethereum. Check out our Orbiter Finance Token Airdrop Guide.
ZigZag Exchange is an orderbook decentralized exchange (DEX) powered by ZK-rollups. You can trade or swap on ZigZag Exchange. Do 1 buy or sell transaction between ETH and USDC every week (gas fees are less than US$0.25). Here’s how to interact with ZigZag Exchange:
Deposit funds to https://lite.zksync.io/. Note you will need to deposit at least US$3 worth of ETH or USDC in order to pay the 1-time activation fee on Zigzag (around US$2.6).
Do 1 buy or sell transaction between ETH and USDC every week (gas fees are less than US$0.25).
ZigZag Exchange has also just finished its second round of airdrops (out of 7). So check out our ZigZag Exchange ($ZZ) token airdrop guide so you won’t miss out on their future airdrops!
Bungee is a tool powered by Socket that helps people find the best way to move a digital token from one blockchain to another. Bungee has recently gone live on ZKsync Era. So sending tokens to and from ZKsync Era (and especially using the Stargate route) could position yourself for potential ZKsync, Bungee, Socket, Stargate AND LayerZero airdrops!
Argent is the only crypto wallet that offers multi-signature security and social recovery. The wallet is built on ZKsync and is the first wallet for StarkNet. The wallet has a mobile version available on the App Store and Google Play. Download Argent and use their wallet! You can send and receive funds, buy, earn, and stake crypto using Argent.
Argent recently announced an NFT drop in collaboration with JediSwap, here’s how to get the NFT:
Do a swap on JediSwap using your Argent X wallet on mainnet before 23:59 UTC on 23rd May 2023. Those who have done a swap on JediSwap using Argent X wallet before 1st April 2023 will be automatically eligible for the snapshot and won’t need to do any more swaps.
To do the swap, either use the built-in swap feature in the Argent X wallet or do the swap at https://app.jediswap.xyz/#/swap.
The team will take the snapshot at 23:59 UTC on 23rd May 2023. The claim/mint page will be shared afterwards, and you will have a total of 12 months from then to mint your NFT.
SyncSwap is a DEX built on ZKsync and has recently announced its launch on ZKsync Era testnet. It is predicted they will be one of the first protocols to launch on ZKsync Era Mainnet since they are one of the first protocols built on ZKsync. Therefore, interacting with SyncSwap will put you in a good position to get a potential ZKsync token airdrop (and possibly a SyncSwap airdrop too)! (fii-institute) Here’s how to interact with Syncswap:
Go to their Swap page. Choose the type and amount of tokens and click “Swap”. We also suggest swapping tokens on the ZKsync network using Paymaster. Paymaster allows SyncSwap users to pay gas fees using other tokens such as $USDT, $USDC and $HOLD in addition to ETH. To do this, first make sure your MetaMask wallet and SyncSwap are both on the ZKsync Era Network. Then, click and hold on your account balance and you can see the fee discounts offered by Paymaster when using other tokens to pay for gas fees. For example, you get a 50% fee discount when paying with $HOLD!
Deposit liquidity to their Pools. On the top bar, click the down arrow, “Positions” and “New Position”. Select USDC and ETH and click “Enter Pool”. Then click “Deposit” located on the left-hand side of the screen and deposit both USDC and ETH. Then, unlock your tokens and deposit them into the pool.
Interacting with SyncSwap is one of the best ways to maximize your potential airdrop with the least amount of fees. Learn how with our SyncSwap token airdrop guide!
SpaceFi
SpaceFi allows users can trade, earn, mint, stake, sell, create, and invest in a variety of projects. With SpaceFi, users can also swap assets, farm rewards, mint, and stake Planet NFTs, join or create a spacebase, and invest in new projects. SpaceFi has already launched 30 million $SPACE on Evmos mainnet, and will be launching 30 million $SPACE on ZKsync 2.0 (i.e. ZKsync Era) when mainnet goes live. The team has also confirmed they will be doing an airdrop.
Since the protocol is already live on ZKsync testnet, it may be a good idea to interact with SpaceFi in anticipation of when zkSync Era mainnet goes live. To interact with SpaceFi, request testnet tokens here. Then connect your wallet to Space.io, swap some $tSPACE tokens. Then, add liquidity to their pool. Finally, join the SpaceFi Discord and their Crew3. You can also complete the tasks on Crew3 which include joining their guilds, adding them to your CoinGecko watchlist or inviting friends to their Discord.
Velocore is the first ever ve(3,3) DEX on ZKsync. They have a native token $VC, so there may be a chance of a Velocore airdrop too? Here’s how to interact with Velocore:
If you don’t have funds on ZKsync Era yet, use Orbiter.finance to bridge funds to ZKsync Era.
Connect your wallet to Velocore’s swap page and swap some tokens. You can swap any token pairings e.g. ETH to USDT, ETH to VC etc.
Go to their Liquidity Pools and add liquidity. There are 30 pools to choose from!
Keep an eye on their Launchpad for upcoming projects and join in.
iZUMi Finance is a multi-chain DeFi protocol that provides One-Stop Liquidity as a Service (LaaS). iZiSwap, a next-generation DEX on Multi-Chains, is live on ZKsync Era and provides concentrated liquidity AMM and generates extra income for your assets. They also have their own $iZi token. In addition to doing their own airdrop, they have also promised to distribute 50% if any ZKsync and Linea airdrops they receive! Here’s how to interact with iZUMi Finance:
Mute.io is a AMM DEX with limit orders, a farming and Bond platform. They are live on ZKsync Era. Although the mute.io team have confirmed the will NOT do an airdrop, interacting with this protocol may nevertheless be helpful in getting a ZKsync airdrop. Here’s how to interact with Mute.io:
If you don’t have funds onZKsync Era yet, use Orbiter.finance to bridge funds to ZKsync Era.
Connect your wallet to their Swap page and swap any amount of tokens.
Go to their Pools and add liquidity. You can earn fees for doing this! Click “Manage” and choose the amount of liquidity you wish to add. You can also withdraw your liquidity and check your rewards at any time.
As an optional task, you can buy their $MUTE token and lock it up here.
ZKsync Name Service
ZKsync Name Service is an omnichain name service that allows users to establish their Web3 profile. Here’s how to interact with ZKsync Name Service:
Search for an available domain name. If you find an available one that you want, click “Available”.
Click “Request to register with ETH” and approve the transaction. It will cost around US$6.5 to buy a domain.
GameSwift
GameSwift aims to be a one-stop web3 gaming ecosystem based on a modular chain and zkEVM technology. From 28th September 2023, GameSwift will be hosting a GameSwift Multiverse Expansion campaign which will last for 6 weeks. In particular, week 3 of the campaign which goes live on 12th October 2023 will involve bridging to ZKsync! So completing the tasks for week 3 may position yourself for a potential GameSwift and ZKsync airdrop! Here’s how:
GameSwift also has tasks for interacting with the LayerZero network. So, there is a chance to also get a potential LayerZero airdrop too by doing these tasks!
Gitcoin is a community platform that funds and coordinate new open-source developments. To donate, go to the “grants” page. Pay via the ZKsync network for lower transaction fees.
We have found 3 projects which are also doing airdrops! All you have to do is complete the tasks and mint their NFTs! What’s more, these projects require you to interact with ZKsync, so you will be positioning yourself for a ZKsync airdrop as well.
Hypercomic
Hypercomic has just announced its collaboration with ZKsync and has launched a NFT minting celebration campaign. The objective is to complete the tasks and mint their exclusive ZK24 NFTs. There are 3 parts to the minting campaign, Part 1: Transaction Maker is LIVE until 9th February 2024, Part 2: ZKsync Expert will run from 5th to 15th February 2024, and Part 3: Dapp Hustler will run from 13th to 23rd February 2024.
To mint the ZK24 NFTs, connect your wallet HERE to see which NFTs you may already qualify for. For Part 1: Transaction maker, users with 30 or more ZKsync transactions, users with 50 or more ZKsync transaction and users with 100 or more ZKsync transactions will be eligible to mint 1 NFT. So, depending on the number of ZKsync transactions you have, you can get a maximum of 3 NFTs in Part 1. What’s more, the NFT you can mint for having over 100 ZKsync transactions is a Boost NFT which will help boost the cubic mining power in the Hypercomic Dapp.
To mint the ZK24 NFTs, connect your wallet HERE to see which NFTs you may already qualify for. If you qualify, you will be able to mint the NFT. Then, go to the “Airdrop” page to check your eligibility for the Hypercomic ($HYCO) airdrop. Users who have over 60 transactions are eligible to claim the HYCO token airdrop and are given on a first come first served basis for the first 15,000 people.
Tabi
Tabi is the first gaming chain on Cosmos. Whilst you need to be on Binance Smart Chain to complete the tasks, 2 of them are on ZKsync, which will position yourself for any ZKsync related airdrops. Complete the airdrop tasks on Tabi by connecting to their site and completing their tasks. These are mostly social tasks such as connecting your social media profiles and following their social media pages. You will be able to mint the NFT once you have completed the tasks.
GRVT
GRVT is an on-chain perpetuals exchange for ZKsync. They are currently running a social airdrop campaign. For now, all you need to do is join their waitlist. Joining their waitlist lets you earn invite points for airdrop rights as well as a ZKsync mystery box.
Complete quests on Crew3
Go to ZKsync’s Crew3 Questboard and complete the quests. Tasks include following them on social media, reading their articles, and completing quizzes.
Join the ZKsync Guild
Connect your wallet and Google and Discord accounts to https://guild.xyz/zksync-era. Note you will also need at least 20 points on Gitcoin Passport. To check the number of points you have on Gitcoin Passport, connect your wallet to https://passport.gitcoin.co/#/dashboard. On the same page, you can also connect your other accounts to gain more points. However, some accounts require more than just having an account. For some, there are requirements to have a certain age/status/role or completed tasks in those accounts in order to qualify, which will make it difficult. Here’s a list of the easiest/ least requirement accounts to sign up for in order to get 20 points: Twitter, Discord, Google, Github, Facebook, LinkedIn, ENS, BrightID, Proof of Humanity, ETH, ZKsync, Gnosis Safe, Trusta Labs.
Bonus: Complete ZKsync Era tasks on RabbitHole
RabbitHole now offers the first ZKsync Era quests, which include SyncSwap, EraLend, and Maverick. Completing each quest earns users NFT rewards and helps build their onchain history in the ZKsync ecosystem. The more quests you complete, the more quest rewards you become eligible for. Note that even if you have done similar tasks before, you will need to do them again to be eligible on RabbitHole. Here’s how to complete the tasks on RabbitHole:
Make sure you are on the Ethereum network and connect your wallet to RabbitHole.
Swap on Uniswap on Optimism.
Deposit on Exactly on Optimism.
Mint Dappad zk-KYC NFT
Dappad is running a campaign where you can mint a non-transferable Soulbound NFT powered by ZkPass and Paymaster. Minting this NFT will give you access to future launchpads in ZKsync, and it could be key to qualifying for the potential ZKsync ($ZK) token airdrop. Note you only have 10 days (i.e. until 29th March 2024) to mint the NFT! Here’s how to mint the Dappad zk-KYC NFT:
Select 1 of the 5 supported centralized exchange accounts (i.e. Binance, Bybit, KuCoin, OKEx, Coinbase) for KYC verification.
Log in to your selected exchange account when redirected. Make sure your exchange account is at least Level 1 verified.
Approve sharing your KYC details with zkPass by clicking “START”.
Return to the Dappad launchpad page after verification to see the ‘Already Verified KYC’.
Your wallet app will then prompt you to sign a contract. Confirm the transaction and the non-transferable Dappad zk-KYC NFT will be sent to your wallet with 0 fees. The NFT is proof that you have successfully completed the KYC verification process.
You can also check out our step-by-step video guide HERE.
Best ZKsync Airdrop Route for swaps?
Here’s one of the best ZKsync Airdrop routes for swaps. By doing this route you can make the most of the potential ZKsync airdrop and interact with other protocols and possibly get those airdrops too!
With this latest airdrop route, you will be interacting with 3 different protocols to get 4-in-1 airdrop! These protocols are ZKsync Domain ($ZNS), Beecoin ($BEE), and Passport NFT ($ZKP) in addition to ZKsync.
Mint ZKsync Domain ($ZNS)
Mint a ZKsync Domain HERE. Minting a domain will cost 0.0028 ETH but this is for lifetime ownership!
Share referral link
Go to the Airdrop page and share your referral link. You will get more $ZNS rewards for successful invitations.
Claim Beecoin ($BEE)
Click on “Free Mint $BEE” or to go Bee Coin. Follow their Twitter accounts, select your ZKsync Domain and click “Free Mint” to mint 1 million $BEE coins. Then click, “Add Wallet” to add your $BEE coins to your wallet. Note you will need to pay gas fees and their total supply is 100 billion coins! So, act fast before they are all minted! You can also share your invite link to receive an extra 500,000 Beecoin for each person you invite.
Passport NFT ($ZKP)
Connect your wallet HERE and click “Free Mint” to get a NFT passport. Note you will need to pay gas fees for this. Then, invite your friends to get 200 $ZKP and boost Passport Rank per friend.
ZKsync airdrop season 1: Am I eligible?
Eligibility for season 1 of ZKsync’s token airdrop was based on a snapshot taken on ZKsync Era and ZKsync Lite on 24th March 2024 at 0:00 UTC. 2 categories of users were eligible for the ZKsync airdrop: users (89%) and contributors (11%). Users on ZKSync are those who have made transactions and reached a certain level of activity. Contributors, on the other hand, include individuals, developers, researchers, communities, and companies who have contributed to the ZKSync ecosystem and protocol through development, advocacy, or education, regardless of their network activity.
The airdrop allocations for ZKsync were calculated using a points system. Here’s how the points were calcualted:
Activity-Based Points: Wallets earned points for actions like interacting with smart contracts, depositing liquidity into DeFi protocols, and trading ERC-20 tokens.
ZKsync Lite Activity: Points were also awarded for activities on ZKsync Lite, such as donating to a Gitcoin round or transacting over three different months.
Bridged Assets: Allocations were based on assets bridged to ZKsync Era, with multipliers for activity on ZKsync and Ethereum mainnet.
Minimum and Maximum Allocations: Wallets with fewer than 450 ZK tokens had their tokens recycled, while those with more than 100,000 tokens had excess tokens recycled. The minimum allocation was up to 917 $ZK tokens per wallet.
ZKsync season 1 airdrop: How to claim?
ZKsync will conduct a one-time token airdrop of 3.675 billion $ZK tokens (i.e. 17.5%) of the total token supply. Eligible users can claim their airdrop by connecting to their wallet to https://claim.zknation.io/ starting from 24th June 2024. The airdrop claim will be open until 3rd January 2025.
ZKsync season 2 airdrop strategy guide
ZKsync season 2 airdrop has already started! 2 main strategies to best position yourself for the token airdrop is to delegate your tokens and to maintain a high time weighted average balance (TWAB).
In terms of strategies to find the best delegate to delgate your $ZK token, you may want to find delegates that are active in voting on governance proposals.
How to identify and avoid ZKsync airdrop scams
ZKsync has not announced its official token yet. However, this has not stopped scammers from enticing unsuspecting victims with airdrops in order to steal their cryptocurrencies. Here are some ways in which you can identify and avoid ZKsync airdrop scammers.
Look at social media handles
Many scammers will use social media (e.g. Twitter, Telegram) handles that are confusingly similar to the official ones. For example, spelling the project name incorrectly or using different fonts and hidden characters in the handle. Other fake accounts may have spelled the project name correctly but has other words behind it e.g. ZKsync (@ freetokens). Always check the official ZKsync website.
Impersonating admins or mods
Scammers have been known to impersonate admins or mods on ZKsync’s official channels. They may send DMs asking for users’ private information in order to “participate” in airdrops, or send you a link asking you to connect your wallet and drain your funds. zkSync admins or mods would not DM users first.
Fake accounts tweeting ZKsync airdrop info
There are fake accounts tweeting ZKsync token airdrops. However, there is no official announcement yet. Always check the official channels.
ZKsync 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: ZKsync has completed season 1 of its token airdrop.
Airdropped Token Allocation: In season 1 of the ZKsync airdrop, a total of 3.675 billion $ZK tokens will be airdropped. This is equivalent to 17.5% of the total $ZK token supply.
Airdrop Difficulty: Tasks which allowed you to be eligible for season 1 of the airdrop includes interactions, donations and bridging assets. This would not be difficult for a general crypto trader.
Token Utility: The $ZK token is used for transaction fees, governance and staking.
Token Lockup: There is no lockup period for $ZK tokens which were distributed in the airdrop.
Frequently Asked Questions (FAQs)
How do I participate in the ZKsync Airdrop?
Here’s how to participate in the ZKsync airdrop · Add ZKsync Era Alpha Mainnet on MetaMask. · Bridge Funds to ZKsync Lite and ZKsync Era Mainnet. · Interact with ZKsync Lite and ZKsync Era Mainnet Alpha. · Interact with the ZKsync ecosystem. · Mint NFTs for ZKsync airdrop. · Complete quests on ZKsync’s Crew3. · Join the ZKsync Guild · Bonus: Complete ZKsync Era tasks on RabbitHole.
How do I participate in the ZKsync Airdrop?
ZKsync has not announced details of any potential airdrop yet.
Is there a minimum amount of tokens I can receive from the ZKsync airdrop?
This will depend on the rules of the ZKsync airdrop campaign, which has not been announced.
Which is the best ZKsync ecosystem dApp to interact with for the ZKsync airdrop?
We find SyncSwap to be the best ZKsync ecosystem dApp to interact with to position yourself for the airdrop. This is because SyncSwap refunds you 50-6 0% of your Ethereum gas fees. We’ve managed to do 30 ZKsync transactions on SyncSwap in 10 minutes for only US$3! Check out our SyncSwap ($SYNC) token airdrop guide!
When is the ZKsyncairdrop?
The ZKsync airdrop was on 24th March 2024 at 0:00 UTC when the eligibility and allocations snapshot was taken. Eligible users can claim the airdrop from 24th June 2024 to 3rd January 2025.
Will zkSync do an airdrop?
ZKsync season 1 airdrop is now available for claim until 3rd January 2025.
How do I prepare for a ZKsyncairdrop?
Projects often reward early users. Follow our guide to prepare for a potential airdrop.
Does ZKsync have a token?
ZKsync has a native token known as $ZK. It is used for paying transaction fees on the network, staking and governance.
How do I get season 2 of the ZKsync airdrop?
2 ways to get the potential season 2 of the ZKsync airdrop is to delegate your tokens and to maintain a high time weighted average balance (TWAB).
Sei Network has confirmed airdropping its SEI tokens for the testnet validators and participants. Season 2 airdrop was completed on 16th May 2024 and 44,445 unique addresses received 34,435,600 SEI! Meanwhile, Season 3 is expected to happen anytime soon! In this article, we will explain what Sei Network is and what you can do to position yourself for the $SEI airdrop.
Check out our video guide!
Some SURPRISE airdrops are coming!
What is Sei Network?
Sei Network is a layer-1 blockchain built with the Cosmos SDK, and is designed to become the preferred chain for decentralized exchanges (DEXs) in DeFi, NFTs, and GameFi. The blockchain is optimized to enhance the functionality of exchanges and provide the best user experience for their customers. They achieve this by incorporating a native order matching engine that enables DEXs built on the blockchain to be on par with centralized exchanges (CEXs) in terms of executing orders. As a result, the end users can trade tokens, NFTs, and in-game items much faster and at minimal cost.
Sei Network Ecosystem
In October 2022, Sei Network launched a $50 million Ecosystem and Liquidity Fund to support the development of new applications and help teams bootstrap liquidity going into mainnet launch. The fund was backed by some of the top venture capital firms such as Multicoin Capital and Delphi Digital. As of now, there are more than 50 projects building on the ecosystem, ranging from infrastructure to fiat on/off ramps.
Who is the Team behind Sei Network?
Jeffrey Feng and Jayendra Jog are the co-founders of Sei Network, which has a team of skilled professionals with previous work experience at renowned organizations like Airbnb and Goldman Sachs. The team is now raising Series A funding at a $400 million token valuation, according to The Block.
Does Sei Network have a Token?
Yes, Sei Network is planning to launch their $SEI token. The SEI token has several features on the Sei network including paying network fees, staking, governance, used as collateral, for tipping validators and trading fees.
3% of the total SEI token supply will be allocated to the first rewards pool, known as ‘Season 1’. This means that there is a good chance that there will be an airdrop for Season 2!
How to receive season 2 $SEI Airdrop?
The best way to receive $SEI airdrop is to interact with the Seinami Incentivized Testnet. Within the testnet, there are 4 unique acts (currently closed) consisting of various tasks to complete. These tasks are designed to stress test Sei’s validator usability and security. Each completed task awards points, which directly correspond to your $SEI token rewards. Once the testnet period is finished, the token rewards will be distributed according to the tallied scores of all validators and participants. The Seinami Testnet missions in order to receive a potential airdrop can be found here. A lot of these require technical skills, e.g. to try hacking into their exchange, which might prove to be difficult.
However, Act 4 had several missions which involve growing the Sei ecosystem and simulating real-world trading. These tasks are easier to complete in order to get a Sei airdrop.
Here is a step by step guide on how to get the Sei testnet airdrop.
Place limit order on Vortex (long or short and in any market).
Place market order on Vortex (long or short in any market).
Place multiple Long/Short orders in one transaction (i.e. a bundled order placement) in any market.
Get liquidated on Vortex.
Refer a friend to sign up for Sei.
Get your friend to refer another on Sei.
Note that for tasks 1-4, it is not enough to just do the task. Users must also submit their transaction details and wallet address to the team for verification. There is also a cap on how many submissions users can do in one day. Check here for full details.
All 4 Seinami Testnet Missions are closed. However, you can still mint Sei Sunken Treasure NFTs until 23rd April 2023. To do this, go to https://seinetwork.io/treasure and connect your Keplr wallet. Then, do at least 25 transactions on the Atlantic-2 testnet. Afterwards, send gifts to other users. Finally, claim your NFT.
If you are eligible, register 1 .sei domain name.
How to get the Sei Foundation ($SEI) season 3 airdrop
Here is a guide on how to get the potential Sei Foundation ($SEI) season 3 airdrop. Note that these steps are based on experiences from the Season 2 eligibility criteria and are speculation only.
Buy NFTs from Pallet Exchange
Go to Pallet Exchange and buy 3 NFTs. Based on the season 2 airdrop, only NFTs from the top 8 collections were eligible for the airdrop. So, we suggest you only buy from the top NFT collections on Pallet Exchange such as Cappys, Seiyans, Fuckers or WeBump.
Stake $SEI
Stake 100 $SEI on: (1) Silo for iSEI; (2) Krptonite for stSEI; and (3) Sei.
Use DragonSwap
Go to DragonSwap and swap $SEI for some other tokens. Then, go to Pools, choose a pool and create a position worth at least US$100. We suggest creating a position in the iSEI/SEI pool as you would have some iSEI from step 2 above.
Use Jellyverse
Go to Jellyverse and swap $SEI to other tokens. Then, go to Pools and create a position worth at least US$100. We suggest creating a position in the fastUSD/USDC pool since it is more stable. However, you can also choose pools that have a high APR.
Connect to Yei Finance and click “Wrap/Unwrap SEI” on the top right hand corner. Swap SEI to WSEI tokens. Then, go to “Markets”, and supply and borrow WSEI.
Buy memecoins
Go to Dex Screener and find some Sei memecoins. Buy around US$20 each of some coins. You can consider buying Milli Coin ($MILLI), Chip$ ($CHIPS), Seiyan ($SEIYAN), Shenron ($SHENRN) or Popo the Cat ($POPO).
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: Sei has confirmed they will do an airdrop after the mainnet launch in the coming months.
Airdropped Token Allocation: 3% of the total $SEI supply will be airdropped in season 1.
Airdrop Difficulty: Some of the Seinami Testnet validator tasks are quite difficult as they require technical skills. Try completing the easier participant tasks first.
Token Utility: The SEI token has several functions on the Sei network, including paying network fees, staking, governance, collateral, tipping validators, and trading fees.
Token Lockup: There is no lockup period for the airdropped tokens.
Frequently asked questions (FAQs)
What was the Sei season 2 airdrop eligibility criteria?
On 16th May 2024, Sei Foundation took the snapshot for its Season 2 airdrop and distributed 34,435,600 SEI to 44,445 unique addresses. The airdrop rewarded users for Sei staking, liquid staking, and collecting NFTs. Here are the eligibility criteria: Sei stakers: Stake at least 42 SEI. Liquid staking token holders: Hold at least 42 iSEI or stSEI at the time of the snapshot. NFT collectors: Hold 2 or more NFTs from Seiyans, WeBump, Dob, Colony, Cappys, Alive1111, Outlines, Yaka.
What were the specific dates for the eligibility criteria?
To be eligible for the airdrop, participants had to fulfill these criteria at the time the snapshot was taken: For Sei stakers and liquid staking token holders: 16th May 2024 at 00:00 UTC. For NFT collectors: 5th May 2024 at 00:00 UTC.
What was the Sei season 2 token airdrop rewards distribution?
For Sei season 2 token airdrop, Sei stakers and liquid staking token holders were each awarded 1 point, whilst NFT collectors were awarded 2 points. Those who earned 1 point were airdropped 200 SEI, those who earned 2 points were airdropped 3,000 SEI and those that earned 3 or more points were airdropped 6,000 SEI.
How to claim the Sei season 2 token airdrop
Here’s how to claim the Sei season 2 airdrop: Go to https://airdrop.sei.io/ Connect your Compass, Fin or Keplr wallet, depending on which wallet you used to stake your SEI tokens or collected NFTs. Check your airdrop allocation.
When does the .sei Name Pre-registration begin?
The .sei Name Pre-registration will begin on 23rd August 2023 at 8:00am UTC. The public registration will be launched later on 28th August 2023 at 9:00am UTC.
How can I be eligible for the .sei name pre-registration?
To be eligible for the .sei name pre-registration, you must: Have previously claimed any of these OATs: The Ticket, The Ticket II, The Ticket III, and The Ticket IV. Be a winner of any giveaway hosted by Sei together with their partners.
What does each OAT or giveaway win entitle me to?
Each OAT or giveaway win entitles you to register 1 .sei name during the pre-registration phase. Additionally, those who collected all 5 OATs will be able to register a domain (5 characters or more) for 1 year for free.
What are the dates for the pre-registration and public registration?
The pre-registration for .sei domain names will be from 23rd to 28th August 2023 at 8:00am UTC. This period is for eligible addresses only on a first-come-first-served basis. Public registration for .sei domain names will begin on 28th August 2023 at 9:00am UTC.
Can I trade my .sei domain?
Yes, you will be able to trade your .sei domain on Sei NFT marketplaces such as BlueMove.
Are there any reserved domains?
Yes, not every .sei name is up for grabs. The Sei team has reserved certain domains for their partners.
How much does a .sei domain name cost?
Here’s the cost breakdown for a .sei domain name: 3 characters: US$200 worth of $SEI per year. Or US$150 (25% off) during pre-registration. 4 characters: US$50 worth of $SEI per year. Or US$40 (20% off) during pre-registration. 5 characters: US$5 worth of $SEI per year. Or 1 year free for those that collected all 5 OATs.
Looking for free tokens with huge upside potential? LayerZero is one of the major upcoming crypto airdrops, funded by many reputable global enterprises such as PayPal. The LayerZero airdrop is now available to claim. This is our LayerZero airdrop ultimate guide.
LayerZero is a trustless omnichain interoperability protocol designed to connect multiple chains. Let’s break it down what this means in simple terms:
Underlying Issues of Current Interoperability Techniques
Interoperability is a big problem for blockchains. Blockchains can’t talk to each other in a way that makes sense, so they’re like separate islands. This makes it hard for people to move things like money and data between them. There are two ways to fix this, but they both have problems.
Middle Chain
In the blockchain world, there are some protocols that help blockchains talk to each other such as Polkadot or Cosmos. They’re like a middleman that helps different blockchains exchange messages. This is a good way to make sure that blockchains can work together and it’s not too expensive. But it’s not very secure because if something goes wrong with the middleman, then everything can be stolen. It’s like having all your eggs in one basket.
On-Chain Light Node (Decentralized Bridges)
Instead of having one person in charge, decentralized cross-chain bridges use on-chain light nodes to communicate between blockchains. A light node is like a small part of the blockchain ledger’s transaction history. It’s connected to a full node to make sure everything is correct.
To send messages between chains, light nodes on one chain check the metadata of a block from another chain. Then they send proof of the transaction to the other chain. This is a safe way to send messages between chains, but it’s also very expensive. You would need to build a new bridge for every pair of chains, and each one would need its own interface and code.
LayerZero’s Solution to Interoperability
Instead of a middle chain or a layer-2 solution, LayerZero provides a massive infrastructure that would seamlessly enable direct, trustless transactions across all chains. Think of it like this: if blockchains are nations and bridges are immigration, then LayerZero would be a global super-passport and air-traffic control that allows communication between all blockchains at once. It focuses more on the communication problem of the interoperability layer (layer 0) rather than providing a third party solution like a bridge or middle chain.
LayerZero achieves this by using on-chain light nodes in a much more economical way. The team behind LayerZero, LayerZero Labs, coined it Ultra Light Node (ULN). The ULNs are connected to oracles and relayers, both independent off-chain entities in charge of transferring messages from one chain to another.
Instead of keeping all block headers sequentially, block headers are streamed on demand by decentralized oracles, i.e. Chainlink, allowing the ULN endpoints to be small and cost-effective. The relayers are responsible for moving transaction proofs. Initially, LayerZero Labs will run and maintain the relayers, which will soon be fully open-sourced so that anyone can operate their own relayer.
Moreover, the use of an oracle-relayer pair provides additional layers of security since responsibilities are broken up. But if both parties are compromised, LayerZero would be vulnerable to attacks–no easy task, given the progressive decentralization of relayers growing in the network.
Who is the Team behind LayerZero?
LayerZero Labs, a Vancouver-based startup, developed LayerZero protocols to enable omnichain decentralized applications across multiple blockchains. LayerZero was co-founded in 2021 by Bryan Pellegrino, Ryan Zarick, and Caleb Banister. The three have previously worked together in computer network research labs at the University of New Hampshire.
LayerZero Labs have recently raised US$120 million in Series B funding at a valuation of US$3 billion. The funding is expected to go towards growth initiatives, in particular expanding the Company’s presence in the Asia-Pacific. In March 2022, LayerZero Labs raised $135 million in a Series B funding round from the likes of FTX Ventures, Coinbase Ventures, Uniswap Labs, Sequoia Capital, a16z, PayPal Ventures and more. Interestingly, LayerZero is PayPal’s first ever web3 investment. Seeing as that PayPal is one of the world’s leading payment networks this goes to show LayerZero has huge potential that spans beyond the crypto space.
Does LayerZero have a Token?
LayerZero does not have a token YET. But based on their information code we know it will be called $ZRO.
Stargate Finance (Check out our airdrop guide here) is the first live LayerZero protocol. LayerZero Labs believes Stargate will be integral to any dApp that wants to move cryptocurrency across blockchains. Thus, Stargate users, especially DAO voters, could have a very high chance to receive $ZRO airdrops. Here’s how to stake and become a DAO Voter on Stargate:
Buy Stargate’s $STG token (for as little as $0.74) on centralized crypto exchanges like Bybit or on decentralized exchanges like Uniswap. We suggest staking at least 25 $STG because it is the minimum required to get some guild roles.
Stake $STG to get $veSTG. This gives you voting power on Stargate’s staking tab: https://stargate.finance/stake. The staking period can range from 1 to 36 months. You can also browse the pools and farms on the staking page to earn more $STG yields.
Add liquidity to Pools. Go to https://stargate.finance/pool, choose your preferred Pool and add liquidity. You can remove liquidity at any time on the “Remove” tab. You earn LP tokens as a reward, which then be farmed to get $STG. Check our guide here.
Regularly vote on governance proposals. Tip: Select “Turn On My Notifications” so you don’t miss any voting opportunities.
Interact with Stargate Bridge
Interact with dApps such as Stargate Finance’s Stargate Bridge by bridging your funds across networks repeatedly to generate volume. To do this, select the “from” token and network, the “to” token and network, and confirm your transaction.
Bonus: How to save costs when using Stargate Bridge
Here’s how to save costs when using Stargate Bridge:
Do not transfer assets to/from the Ethereum network as it usually costs the most.
Instead, to save costs when using Stargate Bridge transfer to/from these networks: BNB/AVAX, BNB/MATIC, BNB/FTM, BNB/METIS, AVAX/MATIC, AVAX/FTM, AVAX/METIS, MATIC/FTM, ARB/BNB, ARB/AVAX, ARB/MATIC and FTM/METIS.
Check the estimated gas cost before bridging by clicking “Transfer Gas Estimator” before transferring assets.
Use Stargate on Bungee
Bridge tokens on Bungee using the Stargate route. This will also make you eligible for the Bungee, Socket and Stargate potential airdrops. For more details, see our Bungee token airdrop guide.
The Aptos Bridge is powered by LayerZero. You can move USDC, USDT, and ETH from Ethereum, Arbitrum, Optimism, Avalanche, Polygon, and BSC to the Aptos network. Connect your EVM (e.g. MetaMask) and Aptos wallets (e.g. Martian wallet). Then, choose the number of cryptocurrencies and networks you wish to use. However, keep in mind there is a 3-day transfer window if you want to withdraw your funds out of the Aptos ecosystem. You will also need to pay gas fees in Aptos $APT tokens.
To use the Aptos Bridge with the least amount of gas fees, transfer USDC from BNB Chain to Aptos network. To do this, you will need USDC and BNB (gas fees) in your EVM wallet (e.g. MetaMask). You will also need $APT to your Martain wallet to pay for gas fees.
Use the LiquidSwap Bridge
Go to https://bridge.liquidswap.com/ and bridge USDT, and ETH from Ethereum or Arbitrum to the Aptos network. Connect your EVM (e.g. MetaMask) and Aptos wallets (e.g. Martian wallet), and choose the cryptocurrency and network (Ethereum/Arbitrum to Aptos and vice versa) you wish to bridge tokens. Note you will need to pay gas fees in Aptos $APT tokens.
Use LEVEL Finance Bridge
LEVEL Finance is a decentralized perpetual exchange on BNB Chain that provides risk management solutions for liquidity providers and is built by experienced entrepreneurs and contributors. To use LEVEL, you will need to buy their native $LVL token on DEXs such as Uniswap or Pancakeswap. Then, go to LEVEL Bridge and bridge $LVL tokens between BNB Chain and Arbitrum. Note that depending on which direction you are bridging, you will need BNB or ETH for gas fees.
Use SushiSwap Cross-Chain Swap
SushiSwap released its SushiXSwap, which is built upon LayerZero’s Stargate protocol. You can swap tokens directly to another network without using a bridge. As such, users are likely to be qualified for a $ZRO token airdrop!
Use BitcoinBridge
BitcoinBridge allows users to transfer BTC.b. BTC.b is a new type of wrapped Bitcoin that can be used on the Avalanche Network. It is moved to Avalanche using the Avalanche Bridge. This makes it easy to use Bitcoin on many different networks with the help of LayerZero.
Meanwhile, BitcoinBridge is a good way for people on a budget to interact with the LayerZero ecosystem. Doing 20 transactions on BitcoinBridge will only cost around US$15! Here’s how to use BitcoinBridge:
Rage Trade is a double-legged trading protocol that offers a perpetual ETH swap and a USDC yield-farming product built on Arbitrum and LayerZero. Therefore, interacting with it may qualify you for 3 airdrops at the same time! To use Rage Trade, simply trade and deposit and stake on their platform. Also, contribute to their community.
Altitude ($ALTD) is a dApp built on LayerZero, designed to allow DeFi users to transfer assets with enhanced security features, inexpensive bridging fees, and fast transactions. Altitude have confirmed they will launch its $ALTD token as well as an airdrop when their mainnet launches!
Dexalot is a decentralized exchange that uses LayerZero as its default bridge provider. To use Dexalot, you will need to have ETH on the Arbitrum network and AVAX on the Avalanche network. Connect your wallet to Dexalot and go to the “Portfolio” tab, making sure you are on the Avalanche network. At the bottom of the page you will see a list of your tokens, select AVAX and click the 3 points on the right hand side. On the popup window, deposit some AVAX onto Dexalot. Note however depending on the amount of AVAX deposited, it may cost more gas fees to withdraw than the amount itself. So you may need to consider it as a loss for the sake of interacting with Dexalot.
Interact with Abracadabra
Abracadabra is intergrated with Layer Zero and allows users to borrow, leverage or earn yield. To interact with Abracadabra, you will need to have their native $MIM token. $MIM can be purchased on several decentralized exchanges such as Uniswap, Sushiswap or Trader Joe. Make sure you are on the Avalanche network, or you will have to first bridge your $MIM tokens there. Back on Abacadabra, send one $MIM token from Avalanche to Arbitrum network. If you don’t want to keep your $MIM tokens, you can proceed to sell it for ETH on Arbitrum.
Use SteakHut Finance
SteakHut Finance is a yield optimization protocol that has integrated with LayerZero to launch $STEAK as an omnichain token. On SteakHut, $STEAK will be abe to be bridged across Avalanche, Arbitrum and eventually other blockchains on a 1:1 ratio. To use SteakHut, you will need to buy $STEAK tokens on the Avalanche Network. Note that currently only Trader Joe offers $STEAK tokens. Afterwards, connect your wallet to SteakHut and go to the “Bridge” tab. Send your $STEAK tokens to Arbitrum. You can also send your $STEAK tokens in reverse i.e. from Arbitrum to Avalanche networks. This would increase the number of interactions you have with SteakHut, which may put you in a better position for any potential airdrop. Note that you will need to pay gas fees in AVAX.
Interact with Mummy Finance
Mummy Finance is integrated with LayerZero and lets users trade BTC, ETH, FTM, OP, ARB and other cryptocurrencies with up to 100x leverage. To interact with Mummy Finance, you will first need to buy some of their native $MMY tokens on the Arbitrum network here. Then, go to Mummy bridge and bridge your tokens from the Arbitrum to Fantom network. Note it may cost more gas fees transfer back or sell your $MMY tokens. Therefore, you may need to consider it as a loss for the sake of interacting with Mummy Finance.
Interact with other dApps on LayerZero
You can also interact with other dApps on LayerZero including Holograph, Mugen Finance, Radiant Capital, Omni X or Angle Protocol. You can make small transactions, deposit funds, provide liquidity, swap assets etc. By actively and consistently using the ecosystem, it is highly likely LayerZero will reward users who genuinely interact with the ecosystem.
To get the veStaker role, hold at least 25 $veSTG. To do this, buy at least 25 $STG on exchanges such as Bybit, Binance, or Uniswap. Then, stake your $STG here to get $veSTG. For detailed instructions see above.
To get the 100 STG role, you will need to hold at least 100 $STG. Note that staked $STG does not count.
To get the 1k LP Farmer role, supply at least $1,000 of USDC, USDT or BUSD on Ethereum, BNB Chain, Avalanche, Polygon, Arbitrum, Optimism or Fantom (not Metis) to receive LP tokens.
How to claim the LayerZero ($ZRO) token airdrop?
Here’s how to claim the LayerZero ($ZRO) token airdrop:
To claim the LayerZero ($ZRO) token airdrop, those who are eligible must donate US$0.10 in USDC, USDT or native ETH per $ZRO. This is known as LayerZero’s Proof-of-Donation mechanism. Donations would go to the Protocol Guild.
Users can claim from the following chains: Ethereum, Arbitrum, Optimism, Base, Polygon, BNB Chain, and Avalanche.
Once claimed, $ZRO holders can transfer their tokens via the above chains using Stargate.
LayerZero 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 LayerZero token airdrop is available to claim from 20th June to 20th September 2024.
Airdropped Token Allocation: 85 million $ZRO are available to claim.
Airdrop Difficulty: To be eligible for the LayerZero token airdrop, users could submit unique proposals for LayerZero or provided multiple ongoing transactions on the protocol.
Token Utility: The LayerZero ($ZRO) token acts as a governance token, and to facilitate transactions across different blockchain networks.
Token Lockup: The token will be unlocked on launch. However, those who are eligible for the airdrop must donate US$0.10 per $ZRO to claim the token
Venom Foundation have launched a $1 billion fund to invest in Web3 and blokchain firms. And is launching a layer-0 blockchain that will function as the main infrastructure for a global ecosystem of Web3 applications. According to their whitepaper, 22% of the initial token supply will be allocated to the community. This is very likely to be an airdrop to early users. Venom has launched their mainnet on 18th March 2024 and their $VENOM token will be listed on 25th March 2024! Here is our Venom token airdrop guide.
Check out our video on the latest news and predictions for the upcoming potential Venom token airdrop!
https://www.youtube.com/watch?v=fl_Sz53_038
What is happening to Venom?
On 16th December 2023, Venom Foundation announced on Twitter as of 14th December 2023, they will no longer continue operating in ADGM (Abu Dhabi Global Market). Therefore, Venom Foundation will begin the dissolution process. They have however, mentioned that they are open to exploring future opportunities within ADGM. However, it does mean that it is unlikely there will be a Venom airdrop in the foreseeable future.
Step-by-Step Venom Testnet Guide
What is Venom Foundation?
Venom Foundation is a new layer-0 blockchain that envisions a global economy built on decentralized, blockchain-based, financial systems. They are a new player in the financial application-specific blockchain (appchain) space, offering real-world assets (RWA) with the transparency of a blockchain. They are fully regulated by financial authorities in Abu Dhabi.
The architecture of Venom Foundation is essentially a modular blockchain that is built on its own Threaded Virtual Machine (TVM). This allows for the efficient execution of smart contracts through an asynchronous communication model as well as dynamic sharding.
In theory, the Venom blockchain can handle interactions between accounts more effectively than EVM-based networks, allowing for greater parallelism and reduced delays. As the network experiences heavy loads, validators divide into parallel groups and handle transactions through “split events.” As such, their mission is to be the infrastructure for the next generation of digital services and products.
Does Venom Foundation have a Token?
$VENOM, the native currency of the Venom blockchain, serves multiple purposes. It is used to pay transaction fees, which helps maintain the network and compensate validators. Additionally, it secures the network through a proof-of-stake mechanism and allows network participants to support validators via DePools staking.
According to their whitepaper, the $VENOM token has no fixed maximum supply. It has an inflationary model, with a projected annual inflation rate of 1%. However, the Venom Foundation is exploring ways to transition to a deflationary model. It is worth noting that 22.0% of the tokens will be allocated towards the community, and 10% will be unlocked at TGE.
Venom have confirmed their $VENOM token will be listed on 25th March 2024 on Bybit, OKX, MEXC, gate.io, Poloniex and Web3.world.
The best way to get the $VENOM airdrop is to interact with the Venom Network Testnet. Here’s a step-by-step guide:
Create a Venom Wallet
Go to the Venom Network Testnet, and install a Venom Wallet (Chrome users can download here). Pin the wallet to your Google Chrome Extension at the top right.
Connect your Twitter account to your Venom wallet to claim 50 testnet $VENOM tokens.
Claim Testnet $VENOM Tokens
Go to the Task page and log in with your Venom Wallet. Connect your wallet, Twitter account and follow Venom Foundation to claim 50 testnet $VENOM.
You can also claim additional testnet tokens by completing other tasks on the Faucet page. You will be required to complete various tasks to claim additional testnet Venom.
Complete Venom Foundation tasks
On the task page, follow Venom Foundation on Telegram and subscribe to their YouTube Channel. Once that’s done, you can claim your NFT by clicking “Mint NFT”.
Complete Venom Wallet tasks
Go to the task page. Send at least 1 VENOM token to 0:077873f1453fa67b0f1ce77f1e806675acd19c4694b9738be61fd406618f2f7a. Then, click “Mint NFT”.
Complete Web3.World tasks
On the task page, join the Web3.World Telegram Channel and swap any token available on testnet.web3.world to any other tokens. Then mint the NFT.
Use Venom Bridge
Go to the task page. Join the Venom Bridge Telegram channel. Then, transfer tokens from Venom to EVM chains. First, go to https://testnet.venombridge.com/bridge and connect your Venom and EVM (e.g. Metamask) wallets. In the “From” and “To” fields, select “Venom Testnet” and “Binance Smart Chain” respectively. Select the amount of Venom tokens you want to transfer and turn off the “Swap TVENOM to pay BSC gas” option. Click “Continue”, then approve the transaction. Then, go to the “History” tab, click “Only My” and find that transaction. Click on the transaction and “confirm” to release transfer in Binance Smart Chain. Afterwards, do the transaction in reverse, i.e. swap from Binance Smart Chan to Venom Testnet.
Claim Snipa Finance NFT
Go to the task page and complete the tasks to claim your free Snipa Finance NFT! Full guide here.
Stake Venom
Go to the task page. Connect your Venom wallet to https://testnet.venomstake.com/. Then choose the amount you wish to stake and click “Stake”. You can also unstake your Venom at any time by going to the “Unstake” tab, choosing the amount you wish to unstake and clicking “Unstake”. On the task page, click “check”, you may need to wait a few minutes after the task has been completed before the checking will be sucessful. Finally, mint the NFT.
Trade NFTs on Oasis Gallery
Find the instructions on the task page. Oasis Gallery is a NFT marketplace on Venom. Buy any NFT on Oasis Gallery here. Click on the NFT you wish to buy, connect your Venom wallet, click “Buy now” and confirm the transaction. Then go back onto the task page and click “Check”. Now, list your NFT for sale on Oasis Gallery by going to their website and going to the “My NFTs” tab. Click on your NFT and “Put for sale”. Choose your sale price and confirm the transaction. Return to the task page and click “Check” and finally, mint your NFT.
Complete VenomPad tasks
Go to the task page. Follow and Tweet about VenomPad. Click “Check” once each of the the tasks have been completed. Mint the NFT.
Buy NFT on Nümi
Go to the task page. Watch the video, tweet about Nümi and buy any NFT on Nümi.
If you made a Venom Wallet before June 2023, you should receive Nümi token airdrops. Click the refresh button at the bottom part of your wallet to see it. If you don’t have any Nümi tokens, you can swap them at Web3.World with VENOM tokens. Once you have some Nümi tokens, you can buy an NFT on the Nümi Marketplace after signing up for an account. Finally, mint the NFT.
Go to the task page. Follow Gravix on Twitter. Then, connect your Venom wallet to https://app.gravix.io/ and open a long/short position. However, you will need USDT to open a position. If you do not have any USDT in your Venom wallet, go to https://testnet.web3.world/swap and swap some $VENOM for $USDT first. Lastly, mint your NFT.
Go to the Venom Burn task page. Follow Venom Burn on Twitter. Then, go to https://testnet.venomburn.com/ and burn any amount of VENOM for any project. Mint your NFT.
Complete OneArt tasks
Go to the OneArt task page. Follow OneArt on Twitter. Then, download the OneArt mobile app here and import your Venom Wallet using your seed phrase. If you have at least 3 VENOM, a window will pop up asking you to Mint your NFT, click “Mint”. Once you have minted your OneArt Welcome NFT, go back to the task page and mint your other NFT.
Complete Valicit tasks
Go to the Valicit task page, follow Valicit on Twitter, buy a ticket and mint their NFT.
Wrap $VENOM tokens
Visit the Swap page. Choose VENOM and WVENOM tokens, and the amount. Then click “Wrap VENOM” and approve your transaction.
Provide liquidity
Go to “Liquidity Providing” and click “Add Liquidity”. Then, connect pool and approve the transaction, set the amount you wish to add and continue. Next, deposit your tokens and confirm the transaction in the wallet. Then, click “Supply tokens” and approve the transaction.
Deposit into farming pools
Go to the “Farming” tab, choose the USDT/WVENOM pool. Then, enter the amount you want to deposit and select the lock-up period. Click the deposit button and approve the transaction in your Venom Wallet when prompted.
Complete Everplay tasks
Go to the Everplay task page. Follow @everplaygg on Twitter. Then, buy a Venom Pass for 0.05 $VENOM (note this is testnet Venom and won’t require you to use real funds). Finally, mint your NFT.
Complete Chainspot tasks
Connect your wallet to the Chainspot task page. Follow @chainspotIO on Twitter. Then, connect your Metamask wallet to Chainspot (make sure you are connected to BSC Chain) and click “Claim” in order to Claim 10 $CST tokens. Transfer any amount of CST tokens from BSC Chain to Venom Testnet. Finally, mint your NFT.
Complete Segmint tasks
Go to the Segmint task page. Follow @segmintapp on Twitter. Next, mint any segment on segmint.app by finding an empty seat and clicking “Mint segment”. This will cost 0.49 testnet $VENOM. Finally, mint your NFT.
Post screenshot and wallet address on Venom Discord
Post a screenshot of your NFT achievements together with your wallet address on the Completed-tasks channel on Venom’s Discord.
Connect your wallet regularly to https://venom.network/tasks. Complete any new tasks, there will be more coming soon! Since the tasks are relatively easy to complete, we believe that users may have to collect all 24 NFTs in order to qualify for the Venom token airdrop.
Where can I trade $VENOM tokens?
$VENOM tokens can be traded on Bybit, OKX, MEXC, gate.io, Poloniex and Web3.world.
You can mint Venom NFTs as rewards for using the Venom testnet and represent your engagement with the ecosystem. They could be the key to getting airdrop rewards in the future! Here’s a step-by-step guide:
Go to https://venom.network/tasks, and click “Complete tasks”. Follow Venom Network on Twitter and tweet about the Venom Testnet. Then click “Mint” to mint your Venom NFT.
You will then need to send any amount of Venom tokens to their address. Once you have done so, click “Check” and you can now mint your 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: Based on recent events, Venom Foundation is unlikely to do an airdrop.
Airdropped Token Allocation: 22% of the initial token supply will be allocated to the community. However, it is unlikely that Venom would do an airdrop.
Airdrop Difficulty: The Venom Testnet page is very UI-friendly. It shows you the tasks you can complete for each DApp!
Token Utility: $VENOM will be used to pay for transaction fees to maintain the network by validators, secure the network through proof-of-stake mechanisms, and support validators by network participants through DePools staking.
Token Lockup: Of the initial supply of 7.2 billion $VENOM, 15.5% will be available to use, while 84.5% will remained locked. The locked tokens include 10% of the initial supply as a stake of early validators. However, it is unlikely that Venom would do an airdrop.
Hydro Protocol is the first and only native liquid staking protocol on the Injective Network. They are one of the best Injective ecosystem projects for airdrops. This is because they have already confirmed their airdrop, and are in the testnet phase, meaning that you do not have to use any real funds to participate. Hydro Protocol have also announced their Early Access Farming (EAF) campaign, which will start on 31st January 2024 and last for 4 weeks This is our guide to the Hydro Protocol ($HDRO) token Early Access Farming airdrop.
Check out our Hydro Protocol airdrop video guide!
https://www.youtube.com/watch?v=zK1-q2yc7XU
What is Hydro Protocol?
Hydro Protocol is a platform for staked assets on the Injective Network that offers liquid staking derivatives (LSD) and real yield aggregation. Here are some of the main features of Hydro Protocol:
Liquid Staking Derivatives (LSD): Allows users to deposit INJ tokens and receive hINJ tokens, which can be used across other DeFi protocols and earn staking rewards.
hINJ token: A liquid staking token by Hydro Protocol that enables instant staking benefits and liquidity for INJ holders.
Yield farming: Users can deposit hINJ tokens and get maximum yield on them, with a boost program to reward farmers.
Auto-compounding: This feature automatically re-stakes INJ rewards for users, saving them time and fees and maximizing their staking yields.
HDRO token: This is a governance and utility token on Hydro Protocol that has a deflationary mechanism and value accrual mechanism to benefit HDRO holders and stakers.
Real yield aggregator: Tis feature aggregates real yield from various sources into an index and distributes it to users, creating a new opportunity for LSDFi (Liquid Staking Derivatives Finance).
Will there be a Hydro Protocol ($HDRO) token airdrop?
Hydro Protocol have confirmed they will be launching their mainnet and $HDRO token on 31st January 2024. They have also confirmed they will be doing 3 airdrops as follows:
Testnet airdrop: Those who participated in the testnet campaigns in Fall 2023 are eligible. The airdrop amount will be based on the leaderboard ranking.
INJ Stakers Airdrop: For anyone who has any amount of INJ staked on an active validator in the Injective Ecosystem. The snapshot was taken on 4th January 2024 at 14:11:45 UTC. The airdrop amount will be based on the duration and amount of staking.
Early Access Farming Airdrop: For users who stake their INJ with Hydro once it launches on 31st January 2024. The airdrop will last for 4 weeks and will have a boost factor. The amount to be airdropped will be based on the timing and amount of staking.
What is the Hydro Protocol ($HDRO) Early Access Farming (EAF) campaign?
Hydro Protocol’s ($HDRO) Early Access Farming campaign is phase 3 of Hydro Protocol’s airdrop scheme. It rewards users for staking $INJ tokens on Hydro and will start on 31st January 2024 and run for 4 weeks. Users will earn points based on the amount and duration of their staking. The points can then be converted to $HDRO tokens after the token generation event (TGE).
Hydro Protocol have confirmed the key to getting more $HDRO airdrop rewards in their Early Access Farming is to stake $INJ earlier. This means that the more you stake and the earlier you do it, the more $HDRO airdrop rewards you will receive.
How to get the Hydro Protocol ($HDRO) token airdrop?
Phases 1 and 2 of the Hydro Protocol ($HDRO) token airdrop have already been completed. But there is still one last airdrop left, and the team promises it will be the biggest airdrop yet! There are 4 weeks left for this airdrop so you should act NOW!
Note that the Hydro Protocol team have said that $INJ staking is the number one priority for the airdrop. So, users are recommended to focus on steps 3 and 4 below.
Time needed: 30 minutes
Here’s how to get the 3rd and final Hydro Protocol ($HDRO) token airdrop
Add Injective testnet to wallet
Hydro Protocol supports Keplr and Leap wallets. Make sure you have added the Injective testnet to your wallet. To do this on Keplr wallet, go to https://chains.keplr.app/. Search for Injective (testnet) and add the chain.
Go to https://app.hydroprotocol.finance/lsd. Enter how many testnet $INJ tokens you wish to stake and click “Stake & Mint”. Follow the instructions on your Keplr wallet. You will mint hINJ at a 1:1 ratio of staked INJ. Do this for both $INJ and $HDRO reward types.
Stake your $hINJ tokens on the farm
Once you have minted some hINJ, go to https://app.hydroprotocol.finance/farm. Enter the amount of hINJ you wish to stake, agree to the Terms of Use and click “Add Farm”.
Auto compound
Go to https://app.hydroprotocol.finance/auto and delegate your testnet $INJ to the Injective Validators. Type in the amount you wish to delegate and click “Stake”.
Pools
Go to https://app.hydroprotocol.finance/pool and choose the HYDRO/INJ pool. This pool should be your number one priority if you want to play around with liquidity pools because it is the only pool featured on Hydro’s leaderboard. Enter the amount of $HDRO and testnet $INJ you wish to stake and approve the transaction.
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 Hydro Protocol airdrop is now live. They have done 2 airdrops already and the third, final and largest airdrop is live!
Airdropped token allocation: The Hydro Protocol airdrop allocation is unknown. But the team have promised this last airdrop will be the largest yet.
Airdrop difficulty: The Hydro Protocol airdrop requires participants to primary use their liquid staking feature on the protocol, which is not difficult. What’s more, they are only on testnet so you will not be using real funds!
Token utility: The $HDRO token can be used for governance, value accrual, staking rewards and to access various exclusive features and services on the platform.
Token lockup: There is no information on the $HDRO token lockup yet.
Black Panther Finance is a protocol on Injective that enables users to earn more from their digital assets by using smart vaults that trade for them with one click. The team has confirmed that they will distribute $POINT tokens on the Injective mainnet through an airdrop. These $POINT tokens can be used to unlock rewards when their $BLACK token is launched. Here is our Black Panther Finance ($BLACK) token airdrop guide.
Check out our Black Panther Finance ($BLACK) token airdrop video guide!
https://www.youtube.com/watch?v=65L8dzW36YA
lack Panther ($BLACK) Airdrop Guide (UPDATE)
What is Black Panther Finance?
Black Panther Finance is a service that helps you make more money from your digital money. It does this by using smart programs that trade your money for you in different ways. Some of these ways are:
Grid Trading: Buying and selling money when the price goes up and down in a range.
Trend Following: Buying and selling money based on the direction of the price movement.
AI Powered: Using artificial intelligence to find the best trading opportunities.
You can choose from different types of trading programs, called vaults, that have different levels of risk and reward. You can also earn extra money by joining some special programs that reward you for using Black Panther Finance. All you need to do is to deposit your money into the vaults and let them do the work for you.
Will Black Panther Finance ($BLACK) do a token airdrop?
Black Panther Finance have confirmed they will do an airdrop. Their website even has an airdrop section! The team have confirmed they will be distributing $POINT tokens on Injective’s mainnet. These $POINT tokens can be used to unlock rewards when their $BLACK token is launched, which will enable token holders to earn revenue from Black Panther’s protocol.
How to get the Black Panther Finance ($BLACK) token airdrop?
Here’s how to get the Black Panther Finance ($BLACK) token airdrop
Set up profiles and wallets
Create 10 Chrome profiles and install Keplr extension on each of them1. You will use these profiles to create 10 different wallets. We suggest you create a spreadsheet to keep track of all your addresses and where your funds are sent.
Deposit $INJ
Deposit $INJ tokens into your main Keplr wallet. You can buy $INJ tokens on centralized exchanges such as Bybit.
Send both $INJ to each of your 10 wallets. You will need around 6 $INJ per wallet. Remember to update the information on your spreadsheet so you do not lose track of your funds!
Stake $INJ
Connect your wallet to the Injective Hub and find the “Black Panther | Delegate for Claimdrop” validator. Click “Delegate Now” and “Continue to Delegate”. Stake around 3 $INJ to the Black Panther validator. Repeat this step for each of your Chrome profiles.
However, in order to claim the OAT, you will need to use Avalanche. Therefore, make sure you have $AVAX in your Metamask wallet to pay for gas fees. Note that if you are going to be withdrawing from an exchange to your Metamask, make sure you do so via AVAX C-chain.
Interact with Black Panther Mainnet
Go to https://trade.blackpanther.fi/vault. There are 3 featured vaults which offer 3 strategies: Real Yield, Trend Following and Market Making. Deposit into these vaults for potential to earn some passive income!
However, note that the Market Making vault uses a dual pair of tokens i.e. INJ/USDT. So be careful if impermeant loss!
Learn more about impermeant loss and why it is a risk HERE
Frequently Asked Questions (FAQs)
Is it too late to do the Black Panther Finance airdrop?
No! The airdrop has been going on since August 2023, BUT no snapshot has been announced yet. So, there is still time to complete the airdrop tasks!
When will Black Panther Finance do their airdrop?
The Black Panther team have not announced when they will do the airdrop.
Best strategy for Black Panther Finance airdrop?
One strategy for the Black Panther Finance airdrop is to focus on the staking validator snapshot. To do this, go to Injective Hub, finding the “Black Panther | Delegate for Claimdrop” validator and staking $INJ there.
How much $INJ do we need to stake to get $BLACK token airdrop?
There has not been any announcement yet on how much $INJ you need to stake in order to get the Black Panther token airdrop.
SyncSwap is one of the first and biggest protocols in the zkSync ecosystem. SyncSwap is a DeFi hub that allows users to trade and deposit liquidity into pools to earn trading fees, all with the same security as the Ethereum mainnet. (eluminoustechnologies) On 1st March 2023, SyncSwap announced their testnet is live on the zkSync Era testnet. In this article, we look at how you can best position yourself to receive a potential SyncSwap token airdrop.
SyncSwap is a decentralized exchange (DEX) that offers users a secure and low-cost way to access DeFi (decentralized finance). Powered by zero-knowledge technology, SyncSwap provides users with a seamless and secure way to trade Ethereum-based assets. With SyncSwap, users can enjoy the benefits of DeFi without sacrificing security.
Does SyncSwap have a token?
SyncSwap will have a token in the future, called $SYNC. However, there is no official announcement yet, but with the popularity of airdrops and the positive benefits they can bring to a project (See Blur token airdrop), it is very likely that SyncSwap will do an airdrop. Especially since zkSync is also likely to do an airdrop too.
How to receive a potential SyncSwap token airdrop?
The best method of receiving a potential SyncSwap airdrop is to interact with the SyncSwap Era testnet. Here’s how to receive a potential SyncSwap ($SYNC) token airdrop:
Go to their Swap page. Choose the type and amount of tokens and click “Swap”.
Deposit liquidity to their Pools. On the top bar, click the down arrow, “Positions” and “New Position”. Select USDC and ETH and click “Enter Pool”. Then click “Deposit” located on the left-hand side of the screen and deposit both USDC and ETH. Then, unlock your tokens and deposit them into the pool.
The first phase of the SyncSwap loyalty program will last for 30 days from April 10th 14:00 (UTC) and to May 10th 15:00 (UTC+1). During this phase, 900,000 $SYNC will be up for grabs. To participate, start trading ETH, USDC, BUSD (Celer Network) and USD+ to earn ySYNC. You will automatically get 1 ySYNC for every $1 generated in trading fees. It is a non-transferable SyncSwap Loyalty Token that can also be converted to veSYNC tokens.
How to save gas fees on SyncSwap
Transaction volume could be the key to getting a potential $SYNC token airdrop. However, gas fees can be very expensive. Here’s 2 top ways on how to maximize your $SYNC airdrop by saving gas fees on SyncSwap:
Paymaster is a new feature that allows you to use other tokens to pay gas fees AND gives you fee discounts for doing so. Paymaster currently lets you pay gas fees using $USDT, $USDC and $HOLD. To use Paymaster on SyncSwap, make sure your MetaMask wallet and SyncSwap are both connected to the zkSync Era Network. Next, click and hold on your account balance which will bring up the Paymaster window. There, you can see the fee discounts offered by Paymaster when using other tokens to pay gas fees. For example, you get a 50% fee discount when paying with $HOLD! Click the token you wish to pay gas fees with and continue with the swap transaction on SyncSwap.
Alternatively, if you want to use ETH to pay transaction fees, you can save gas fees by wrapping and unwrapping ETH. To do this, wrap and unwrap ETH on the “Trade” tab. Select “ETH” and “WETH” as the tokens and input the amount of ETH to be swapped, then click “Wrap”. Confirm the transaction on Metamask. Then, do the reverse to unwrap your ETH. Gas fees are around $1 per transaction.
Approve token spend. On the “Trade” tab, choose a token and type in “1”. Then click “Unlock”. On your Metamask, select the custom spending cap and click “Next”. Gas fees are around $1 per transaction.
SyncSwap 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: SyncSwap has confirmed it will have a $SYNC token. They are likely to do an airdrop considering how it is proven how effective it can be in bringing attention and users to a protocol. Also, SyncSwap is built on zkSync, which themselves are also likely to do an airdrop.
Airdropped Token Allocation: The tokenomics of the SyncSwap token are unknown.
Airdrop Difficulty: The project has not yet released details about any airdrops. However, interacting with their testnet may give you a chance to get a potential airdrop. It also only requires testnet tokens, so it is free to do!
Token Utility: The SyncSwap token utility is unknown.
Token Lockup: The SyncSwap token lockup period is unknown.
Blur ($BLUR) refers to itself as the “Fastest NFT Marketplace”. Recently they completed the first season of 3 airdrops- known as “Care Packages”. Meanwhile, Blur has announced they will distribute over 300 million $BLUR in Season 2, and all listing and loyalty points will be doubled until 1 May 2023. Blur’s Season 2 airdrop has already closed with over 300 million BLUR being distributed. Blur however, have confirmed they will be doing a Season 3 airdrop in May 2024. So in this article, we give strategic ways to increase listing points with the lowest investment possible.
Blur has announced its season 3 airdrop. This time, Blur Season 3 airdrop will be powered by Blast, a new layer 2 with native yield. The airdrop will end in May 2024 with 50% being distributed to the community based on their Blur Points and 50% based on their Holder Points Here’s how to maximize your Blur season 3 airdrop:
Keep bids listed for a longer duration to get more Bidding Points.
Listing blue chip and active collections for more Listing Points.
Make Loan Offers with higher Max Borrow and Lower APY for maximum Lending Points.
Bid, list and lend more to get onto the 24 hour leaderboard.
Maximise your Blur Loyalty Points by actively listing blue chips and active collections exclusively on Blur.
Deposit $BLUR and keep maintain the deposit for Holder Points.
Blur ($BLUR) is a decentralized NFT marketplace. They adopt an original strategy where users who support creator royalties will be rewarded with more tokens. The Blur team is anonymous, although they claim to have experience from Square, MIT, Brex, Five Rings, and Y Combinator. Blur aims to stand out as an NFT Marketplace with these unique features:
Sweep across multiple marketplaces;
fast access to NFT reveals. Blur lets users snipe NFTs before it even hits the major NFT market analytics sites and aggregators, and
improved user experience (UX) and interface.
So far, Blur has raised over 11 million in its Seed Round led by Paradigm.
$BLUR Tokenomics
$BLUR’s max supply is capped at 3 billion tokens (Source: TokenUnlocks). 51% of it goes to the community treasury, 29% to core contributors, 19% to investors, and 1% to advisors. Currently, only 360 million $BLUR are unlocked and in circulation, meaning 88% of tokens are locked.
There will be a linear unlock of 1.2 million $BLUR per day distributed to the community treasury. And the next cliff unlocks will be on 15th June 2023, unlocking 196 million $BLUR to all holders.
Does Blur have an airdrop?
There will be a Blur airdrop Season 2. Season 1 had 3 rounds of airdrops. Blur’s Airdrop 3, the largest and final airdrop of Season 1 distributed 1-2x more $BLUR to participants compared to Airdrop 2 and ended on 14th February 2023. Blur has confirmed that over 300m tokens will be distributed in Season 2.
Click on the “Airdrop” tab to see how many Care Packages you have earned.
Claim your Care Package by clicking “Reveal Care Packages”.
Then, to claim your $BLUR, click “Continue to BLUR”, “Open care packages for $BLUR”, “Next” and then “Open for $BLUR”.
You will then be asked to Tweet to claim $BLUR, do this and then click “Verify Tweet”.
Connect your wallet (e.g. MetaMask) to claim $BLUR and certify that you are not a US person. You may be required to manually add the $BLUR token contract to your MetaMask in order to see your $BLUR holdings.
Confirm the transaction on your wallet.
Blur Season 3 airdrop strategy guide
Blur has confirmed that Season 3 will be powered by Blast, their new layer 2 with native yield backed by investors such as Paradigm, Standard Crypto, and eGirl Capital. Season 3 will last for 6 months and will end in May 2024. In this airdrop, 50% of the airdrop will be distributed to the Blur community based on their Blur Points. Meanwhile the remaining 50% of the airdrop tokens will be distributed based on their Holder Points.
How to get Blur Points?
In Season 3, Bidding and Listing Points will be available on all collections at the same rate. So, there will no longer be any NFT collections that offer 2x boosts on points. You can earn Blur points by bidding, listing and lending on the Blur.io platform. Lending however, is only available on certain supported collections. In addition, Lending Points are also only emitted at half the rate of Bidding and Listing Points.
Blur however have kept their rolling 24 leaderboard. Those who get onto the leaderboard and further rewarded with different boosts of up to 2.5x for the top 100 point earners in a 24 hour time period.
How to maximize your Blur Bid Points
Bid Points are given to bids on collections based on its 24 hour volume.
Within a collection, the highest “risk” bids will earn the majority of points. For example, if the floor price of an NFT is 1.01, and there are 100 bids at 1 whilst your bid is at 0.99, you would not earn as many points. This is because there are 100 bids in front of you at a higher price. Whereas if you bid at 1.01, you are bidding more than others and taking the most “risk”. This in turn means you can earn more points to potentially get more $BLUR;
The longer your bid is active, the more points you will receive. You stop earning points when your bid is accepted. Meanwhile bids can be cancelled for free;
Users can reuse the ETH in their Bid Pool across different NFT collections. So, the strategy to get maximum points is to bid closest to the floor price across multiple active collections; and
The top 100 bidders within a 24-hour time period on Blur’s 24-hour leaderboard can receive up to 2.5x boosts.
Maximize your Blur Listing Points
Listing Points are awarded for listing NFTs on the platform. However, to prevent people gaming the system, Blur does not show how many Listing Points are award. Nevertheless, Blur have given some tips on how to maximize your Blur Listing Points:
List all your NFTs. This is because the more you list, the more you earn.
Listing blue chip and active collections are likely to help you earn more points.
If you don’t plan to sell your NFTs list them for a short time slightly above the floor price but at a price that is unlikely to sell. Delist them, then list again at a new floor price.
Use all of Blur’s listing tools e.g. listing by floor price, trait floor price, and ladder list.
Avoid “gaming” the system, e.g. by relisting NFTs at unrealistic prices, listing dead collections, and sybil attacking. The Blur team will do most of their on-chain analysis at the end of Season 3. Anyone who has been gaming the system will be retroactively filtered out and will not receive an airdrop.
Maximise your Blur Lending Points on Blend
Blend (short for Blur Lending) is a peer-to-peer perpetual lending protocol for NFTs. It allows NFT holders to borrow ETH against their NFTs without needing to sell them. Meanwhile, if you want to buy an NFT, you can buy now pay later. For example, you can buy a Punk with 8 ETH (instead of 50 ETH), and borrow the remaining 42 ETH. After making your purchase, you can take full ownership of your NFT anytime by repaying your borrowed amount. Or, you can list your NFT at any time and keep any profit when you sell.
You earn Lending Points by making Loan Offers using ETH in your Blur Pool. This means you can earn both Bidding and Lending points at the same time!
Here’s how you can maximise your Blur Lending Points:
2 factors determine how many points your Loan Offers receive: Max Borrow and APY. Max Borrow refers to the maximum amount of ETH someone can borrow using a single NFT. A higher Max Borrow gives you more points. APY represents the interest earned on a Loan Offer once it’s accepted. A lower APY is better. So, make Loan Offers with higher Max Borrow and Lower APY.
Make multiple Loan Offers on the same NFT collection with different Max Borrows and APYs. You can earn points for all of these Loan Offers.
You can reuse the ETH in your Blur Pool across collections, so go ahead and make multiple Loan Offers.
Loan Offers must be kept open for at least 24 hours. If you close your offer before then, you will lose 250 points as a penalty.
Maximise your Blur Loyalty Points
Blur has said that Loyalty is the secret weapon for getting the most rewards for Blur Points in Season 3. At the end of Season 3, these points will be converted into Care Packages with different rarities. Those with 100% loyalty will have the highest chances of getting the higher-reward Mythical Care Packages 100x Uncommon Care Packages.
Blur has suggested 3 ways to maximise your Loyalty Points:
List your NFTs only through Blur to maintain 100% loyalty.
Actively list blue chips and active collections while maintaining 100% loyalty.
Maintain 100% loyalty throughout Season 3 as Blur looks at average loyalty when determining your chances of getting Mythical Care Packages.
Gaming loyalty will result in a penalty e.g. transferring to and listing from other addresses or providing liquidity in AMMs for NFTs.
Holder Points counts for 50% of the Season 3 airdrop rewards. You can earn Holder Points every hour by depositing $BLUR. Your Holder Points multiplier starts at 1x and increases by 0.5x every month after your first deposit. Whilst Season 2 airdrop recipients start at a 2x multiplier. You can withdraw your deposit at any time, but your multiplier will decrease in proportion to the amount withdrawn until you are back at 1x multiplier.
Blur Season 2 airdrop strategy guide
Blur completed its Season 2 airdrop with over 300 million BLUR being distributed. In Season 2, Blur confirmed that the secret to maximising rewards in Season 2 was Loyalty.
Blur has 3 types of points that count towards how many airdropped Care Packages you will receive and their rarity. These are Bid Points, Listing Points and Loyalty. Meanwhile, there are 3 rarities of Care Packages: Uncommon, Rare, Legendary, and Mythical. The rarer the Care Package, the more $BLUR tokens they contain. For example, Mythical Care Packages are worth 100x Uncommon Care Packages.
Bid on NFT collections that offer 2x Points
In Season 2, only certain NFT collections had double bidding and listing/lending points: Wrapped Cryptopunks, Azuki, Milady, DeGods, Beanz, BoredApeKennelClub, BoredApeYachtClub, CloneX, Doodles, Meebits, Moonbirds, MutantApeYachtClub, Otherdeed, PudgyPenguins. Meanwhile, Doodles, Meebits and Moonbirds offer 2x bidding and listing points. This list may change from time to time, so click on the “Points” tab here to see the latest list.
Blur Airdrop strategy: How to turn 1-2 ETH into $85,000?
Luke Cannon on Twitter shared how he turned 1-2 ETH into $85,000 by simply participating in Blur’s airdrops. Here are some of his tips:
$0 airdrop anchoring;
high volume/ low competition;
liquidity recycling patience; and
loyalty
$0 airdrop anchoring. This is where you focus only on bidding on NFTs that you could profitably flip. For example, bidding on new mints or older projects that still maintain support.
High volume/low competition. Find the relatively high volume, low competition, and long-term collections to bid on. Also, you can use the same ETH to bid on as many collections as possible.
Liquidity recycling patience. Have conviction in the NFT collection that you own and do not sell your NFTs at a loss. And again, do not make bids unless they are profitable.
Having 24/7 perfect loyalty will ensure maximum $BLUR airdrops.
More Blur Airdrop Strategies: Trade like an NFT market maker?
Many people use the strategy of placing as many bids on Blur as possible without having them accepted. However, Sugar Shane has another strategy, which according to him, is a more conservative strategy that could get you more points in the long term whilst minimizing losses. His strategy to maximising your Blur airdrop is to think of yourself as an NFT market maker.
According to him, the goal of bidding on Blur should not be to avoid getting a bid or bidding and removing them quickly. This is because NFT markets move faster than you can remove a bid. Instead, the strategy when bidding on Blur is to get a good price on an NFT. Because in fact, you do want to have some successful bids. This is because there are some desperate sellers selling their valuable NFTs at low prices for liquidity. And if your bid is successful, holders should consider not rushing to sell their NFT. The reason for this is that if you allow time for the market to fill up, you may be able to sell that NFT for a profit.
He reminds Blur bidders that market makers do not always aim for the top bid. Instead, they try to fill the order book at every level, and on both sides of the order book.
Blur 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: Blur’s Season 3 airdrop is now LIVE.
Airdropped Token Allocation: Blur’s Airdrop 2 gave a total of 10x more tokens than Airdrop 1. Airdrop 3 will be distributing 1-2x more tokens compared to Airdrop 2.
Airdrop Difficulty: Blur’s airdrop is not difficult in terms of participation. Users simply connect their wallet to Blur and begin bidding on NFT collections. The point system rewards bids on NFT collections based on their 24-hour volume and gives airdrops accordingly. There are additional rewards for Loyalty to the Blur platform and depositing $BLUR.
Token Utility: BLUR token is used for governance.
Token Lockup: Season 3 airdrop will be distributed in May 2024.
Frequently Asked Questions (FAQs)
What is Blur crypto?
Blur is at cryptocurrency project that provides users with a decentralized marketplace for trading NFTs.
When was the $BLUR token launched?
They launched the $BLUR token on 14th February 2023.
When is $BLUR airdrop season 3 live?
Season 3 is live NOW and will end in May 2024.
When can you open your airdropped $BLUR Care Packages?
You can open the $BLUR token Care Packages received from Airdrops 1 and 2 from the $BLUR token launch on 14th February 2023 onwards.
When is the $BLUR token launch?
$BLUR token was launched on 14th February 2023 and is listed on ByBit, Coinbase, Uniswap, Kucoin, Gate.io and many other exchanges.
How long do I have to claim my $BLUR airdrop?
For Season 1, you can claim your airdrop within 60 days from 14th February 2023 (i.e. 16th April 2023). Season 2 airdrops are still available to claim.
How much $BLUR was distributed in Season 2?
Blur distributed over 300 million $BLUR in its Season 2 airdrop.
How do I claim my $BLUR tokens?
Here’s how to claim your $BLUR tokens: Connect your wallet on their website. On the “Airdrop” tab, click “Reveal Care Packages”, “Continue to BLUR” and “Open care packages for $BLUR”. Follow the instructions. Note that they will ask you to Tweet to claim $BLUR. You will also need to verify the tweet before you will have the option to connect your wallet to claim your $BLUR. You might need to add the $BLUR token contract manually to see your $BLUR holdings.
What is Blur’s Loyalty Point system?
Blur has a Loyalty system, which affects your luck when revealing your Care Packages. Users with 100% loyalty throughout the airdrop campaign have the highest chance of receiving Mythical Care Packages. Mythical Care Packages are worth 100x Uncommon Care Packages. Here are your odds of getting a Mythcial Care Package airdrop based on your loyalty: <50% loyalty = low luck; 50-90% loyalty = medium luck; 90-97% loyalty = high luck; and 97%+ loyalty = very high luck
How do I check my Blur Listing Points/Bid Points/Loyalty Points/Lending Points?
Users can check their Blur Listing Points/Bid Points/Loyalty Points on the Airdrop tab.
How much is the $BLUR token worth?
As of the time of writing, $BLUR tokens are worth US$0.536393. $BLUR currently has a market cap of over $185 million and ranked no. 101 on Coingecko. $BLUR token prices hit an all-time high of US$5.02 on 14th February 2023, and an all-time low of US$0.153143.
The Blur team have already emphasized that having perfect Loyalty scores throughout the campaign would maximise your Season 2 Blur airdrop. This means you must only list your NFTs on Blur and not on any other NFT marketplaces.
Is there a way to “game” the system to get more Blur points?
Unfortunately, there is no way to “game” the system to get more Blur points, and the Blur team are actively taking steps to stop tactics such as. Transferring NFTs for loyalty i.e. transferring NFTs to list on other marketplaces. Also, washing trading for points by using bots to wash trade in order to increase visibility of a collection and therefore increasing the points allocated towards it. Finally, spoofing bids by using bots to create fake bids that cannot be accepted and front run bid accepts to get points without any risk.
What are some tips and strategies for Season 3 Blur airdrop?
Here are some tips and strategies to maximise your Season 3 Blur airdrop. Keep bids listed for a longer duration to get more Bidding Points. Listing blue chip and active collections for more Listing Points. Make Loan Offers with higher Max Borrow and Lower APY for maximum Lending Points. Bid, list and lend more to get onto the 24 hour leaderboard. Maximise your Blur Loyalty Points by actively listing blue chips and active collections exclusively on Blur. Deposit $BLUR and keep maintain the deposit for Holder Points.
Polygon recently launched its own zkEVM mainnet, and co-founder Sandeep Nailwal hinted on Twitter that there could be a MATIC airdrop for users! In this article, we will briefly explain what Polygon zkEVM is and what you can do to position for a potential airdrop.
Polygon zkEVM Airdrop Step-by-Step Guide
Here’s how to get the Polygon zkEVM Airdrop:
Add Polygon zkEVM to MetaMask
Bridge to Polygon zkEVM
Interact with Polygon zkEVM DApps
BONUS: trade on Satori Finance
DOUBLE BONUS: Join in the zkEVM saga with Intract x Polygon to get free NFTs
Polygon zkEVM is a Layer-2 scaling solution for Ethereum that leverages the scaling power of zero-knowledge proofs while maintaining Ethereum compatibility, similar to zkSync and Linea. Developers and users on Polygon zkEVM can use the same code, tooling, and apps that they use on Ethereum, but with much higher throughput and lower fees. This allows Ethereum-based DApps to scale more efficiently, which is critical for mass adoption of DeFi.
What’s the Difference Between Polygon zkEVM and Polygon?
The original Polygon functions as a sidechain that runs parallel to the Ethereum mainnet, whereas Polygon zkEVM uses a ZK-Rollup architecture that is built on top of Ethereum. The key distinction is that Polygon is EVM compatible but Polygon zkEVM has total EVM equivalence. The latter is focused on being a near-perfect replica of Ethereum’s execution environment, which means it uses ETH instead of MATIC for gas fees.
Is There an Airdrop for Polygon zkEVM?
Yes, it is very likely there will be an airdrop for Polygon zkEVM users. Sandeep Nailwal, co-founder of Polygon, strongly hinted on Twitter that there will be a huge MATIC airdrop for zkEVM users. He also compared the current development of Polygon zkEVM to Arbitrum, which took more than a year to mature. This means that we are currently at the early stage, allowing users plenty of time to perform on-chain activities that would qualify them for the airdrop!
How to Get the Polygon zkEVM Airdrop?
The best way to get the MATIC airdrop is to interact with the Polygon zkEVM mainnet. Here’s a step-by-step guide:
Add Polygon zkEVM to MetaMask
Go to ChainList and add Polygon zkEVM to MetaMask. It is launched on Mainnet Beta, which means you will need ETH for gas fees.
Bridge to Polygon zkEVM
If you have funds on the Ethereum network, you can bridge ETH from Ethereum to Polygon zkEVM via the Native Bridge.
Alternatively, if you have funds on Arbitrum and/or gas fees are too high, you can also use other third-party bridges recommended by Polygon, such as Orbiter Finance. Using Orbiter Finance, in particular, refunds 60% to 70% gas fees back to you.
Interact with Polygon zkEVM DApps
Here are the top DApps in Polygon zkEVM ranked by total value locked (TVL). Try to perform transactions consistently every week as frequency of smart contract interaction is an important criterion to qualify for the airdrop:
Here’s how to interact with Quickswap. First, connect your wallet to Quickswap Exchange. Make sure you have switched the network on Polygon zkEVM. Then, go to the Swap section and (1) Swap ETH for USDC; and (2) Swap the same amount of ETH for WETH. Afterwards, go to their Pool, select ETH and USDC tokens as the token pair, approve the tokens and add liquidity.
Interact with Kokonut Swap.
Here’s how to interact with Kokonut Swap. First, connect your wallet to Kokonut Swap. Make sure you have switched the network on Polygon zkEVM. Then, go to their Swap page and swap ETH to USDC.
Interact with Dove Swap
Here’s how to interact with Dove Swap. Connect your wallet to Dove Swap and make sure you are on the Polygon zkEVM network. Then, swap ETH for USDT.
Interact with Mantis Swap.
Interact with Mantis Swap by going to their website. Then, connect your wallet and make sure you are on the zkEVM network. Finally, swap USDC to USDT.
Interact with 0vix
To interact with 0vix, connect your wallet to their website and make sure you are on the Polygon zkEVM network. On the Supply Markets, supply a small amount of ETH and click “Supply”.
BONUS: Trade on Satori Finance
Satori Finance is a protocol on Polygon zkEVM (as well as zkSync, Linea and Scroll). To trade on Satori Finance, connect your wallet to https://satori.finance/, making sure that you are on the Polygon network. Then, go to “Portfolio” and deposit some trades. Next, go to the “Trade” tab and do some trades.
DOUBLE BONUS: Join in the zkEVM saga with Intract x Polygon to get free NFTs
Connect your wallet to the Quest Page and complete the tasks to get a free NFT. Tasks include signing messages, following social accounts and posting Tweets. Finally, click “Get your NFTs” and follow the instructions on your wallet to mint your free NFT. Note you will need to pay gas fees in 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: Although not confirmed, it is very likely there will be a MATIC airdrop for Polygon zkEVM users, according to Sandeep Nailwal.
Airdropped Token Allocation: There is no confirmation on the token allocation, but Nailwal said that it would be a “massive” airdrop.
Airdrop Difficulty: Simply bridge to Polygon zkEVM and interact with QuickSwap and other high TVL DEXes. You will need real ETH to perform these tasks.
Token Utility: MATIC is the native token of the Polygon blockchain. Although Polygon zkEVM uses ETH for gas fees, it is likely MATIC will be airdropped as rewards.
Socket is an interoperability protocol that enables secure and efficient transfer of data and assets across different blockchain networks. It is not a bridge or a cross-chain application, but rather an infrastructure that allows developers to build these applications easily. With Socket, developers can create apps with interoperability as a core part of their infrastructure. Socket has already secured US$5 million in funding and is considered a direct competitor to LayerZero– who is getting lots of attention with their potential LayerZero airdrop. So, there’s a good chance Socket may also do an airdrop in order to get more users. Here’s how to get a potential Socket token airdrop (and the potential Bungee and zkSync token airdrops at the same time!). And with our bonus tip, you may also be eligible for potential Stargate and LayerZero airdrops too!
Socket is a protocol that enables secure and efficient transfer of data and assets across different blockchain networks. It is not a bridge or a cross-chain application, but rather an infrastructure that allows developers to build these applications easily. With Socket, developers can create apps with interoperability as a core part of their infrastructure.
Socket comprises two key components: Socket Liquidity Layer (SocketLL) and Socket Data Layer (SocketDL). SocketLL enables efficient asset transfer across chains, while SocketDL enables secure data transfer across chains. Developers can use Socket to optimize for their use case and objectives, as every approach to interoperability optimizes for different objectives and trade-offs (trust, latency, generalizability, etc.)
Will there by a Socket airdrop?
Socket has not announced a token, yet. However, if they want to stand out like their competitor, LayerZero, it is likely that they will also need to do an airdrop. From looking at LayerZero’s number of users and attention it gets on social media, it is clear that doing airdrops is almost guaranteed to bring attention and users to your project.
The project also works with other notable protocols such as Zerion and Bungee, both of which are rumoured to be doing their own airdrops. So there are nevertheless advantages to preparing yourself for any potential Socket airdrop, since this may also make you eligible for the Zerion and Bungee airdrops too.
Did you know that you can also position yourself for a LayerZero airdrop using Socket (even though they are competitors)? Check out below to learn how!
Socket token airdrop guide
Time needed: 1 hour and 30 minutes
Connect your wallet to Bungee
Connect your wallet to Bungee. Using Bungee may make you eligible for any potential Socket airdrop as Bungee is built by Socket.
Swap across chains
Swap ETH from Ethereum chain to any other chain. BONUS: Swap to Optimism to get $OP rewards. EXTRA BONUS: Swap to/from zkSync Era to position yourself for a potential zkSync airdrop!
Use Stargate route.
Click “View all routes” and select the Stargate route. We recommend using Stargate as it is part of the LayerZero ecosystem (and may also do a potential airdrop of their own!). So using the Stargate route may also position you for the Stargate and LayerZero airdrops too!
Click “Review route”, check that the details are correct, and click “Bridge”.
Perform cross chain swaps on Matcha
Matcha has recently partnered with Socket to revolutionize trading with cross chain swaps. By being able to perform cross chain swaps, users will no longer have to navigate through multiple platforms, making trading more efficient!
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: Socket has not announced any airdrop yet. But there may a be a good chance of an airdrop when LayerZero, its direct competitor, is getting a lot of attention as a result of confirming that they will be doing a token airdrop.
Airdropped Token Allocation: The airdropped token allocation is unknown.
Airdrop Difficulty: There is no announcement on any Socket airdrop or their eligibility yet. However, to position yourself for this potential airdrop, all that is required is to do some token swaps on Bungee. This is not difficult to do. It will also make you eligible for other airdrops too, such as Bungee and even LayerZero!
Token Utility: There has been no official announcement regarding the release of any Socket token yet.
Token Lockup: There has been no official announcement regarding the release of any Socket token yet.
Polyhedra Network is building an interoperable Web3 infrastructure using zero-knowledge proof (ZKP) technology, and it is backed by the likes of Binance, Polychain Capital, and Animoca Brands. The project is in its early stages and has not yet issued a token, but it is very likely that it will do so in the future. The zkBridge Testnet is currently live, and early users have a favorable opportunity to receive future rewards. In this article, we will explain what Polyhedra is and what you can do to position yourself for the potential airdrop.
Polyhedra Network Airdrop Step-by-step Guide
Here’s a step-by-step guide on how to receive a potential Polyhedra Network airdrop:
Polyhedra Network is building a Web3 infrastructure that focuses on interoperability, scalability, and privacy using advanced zero-knowledge proof (ZKP) technology. The network offers secure and highly efficient solutions for transferring assets, exchanging messages, and sharing data between different Web2 and Web3 platforms.
Project Team and Funding
The team behind Polyhedra Network consists of leading engineers, developers, and researchers from prestigious institutions like UC Berkeley, Tsinghua University, and Stanford University. In February 2023, Polyhedra successfully raised $10 million in a strategic funding round co-led by Binance Labs and Polychain Capital. The project also received support from Animoca Brands, ABCDE Capital, Sparkle Ventures, and more.
Does Polyhedra Network have a Token?
Polyhedra Network has not officially announced a token launch. However, it is a blockchain infrastructure provider, so it stands to reason that it needs a token to support its ecosystem and facilitate the functioning of the platform. According to its roadmap, the team is currently focusing on integrating its bridge and decentralized identity infrastructure with other blockchain networks, and launching application programming interfaces (API) and software development kits (SDK) for developers.
How to Receive Potential Polyhedra Network Token Airdrop?
The best chance to receive a future token airdrop is to interact with the Polyhedra Network testnet. Here’s a step-by-step guide:
Use the Polyhedra CreatorTool to create new NFTs. Set a name and description, and select a Testnet network of your choice. You can view all created and owned NFTs on the My NFTs page.
Import NFT to Polyhedra zkBridge
Go to the My NFTs page and click on the “zkBridge” button. Select a testnet receiver blockchain of your choice and transfer the NFT. Make sure you have gas fees on the other end as well.
Claim your NFT on the testnet receiver chain, and that’s it! Repeat the process on different testnet blockchains to enhance visibility of your on-chain activities.
Provide Feedback on Discord
Share your feedback, including wallet address, screenshots, and transaction IDs, in the “suggestions-and-support” Discord channel.
Complete tasks on Galxe
Polyhedra has a Galxe page where they have various campaigns. Completing these tasks (including those where they are partnered with other projects) may put you in a better position for any potential 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: Polyhedra Network hasn’t confirmed a token launch yet, but as a blockchain infrastructure provider, it likely requires a token to support its ecosystem and facilitate platform operations.
Airdropped Token Allocation: There is no tokenomics yet.
Airdrop Difficulty: The steps are fairly easy to follow. All you have to do is create an NFT on Polyhedra and transfer it to different testnet chains. You will need some testnet tokens to cover gas fees.
Token Utility: There is no token yet, but it is likely it will be used for governance, ecosystem support, platform operations, and network security.
