TEN Protocol is an ethereum Layer-2 Rollup protocol that boosts scalability, adds encryption, and prevents Maximal Extractable Value. The team recently launched their incentivized testnet and users can potentially qualify for $TEN airdrop which is expected to be when they launch their Mainnet Alpha in Q2 2024. Here is our TEN Protocol ($TEN) token airdrop guide.
Check out our step by step guide!
What is TEN Protocol ($TEN)?
TEN Protocol is a decentralized Ethereum Layer-2 Rollup protocol aimed at enhancing encryption, scalability, and preventing Maximal Extractable Value (MEV). Here are its main features:
- Decentralization: TEN allows existing Ethereum DApps to migrate at minimal cost, maintaining the Ethereum ecosystem’s benefits such as adoption, security, and liquidity.
- Encryption: Utilizes Secure Enclaves for robust confidentiality, enabling encrypted transactions and confidential computing within smart contracts.
- Confidential Roll-ups: Inspired by Optimistic and ZK roll-ups, these roll-ups use confidential computing techniques and economic incentives to achieve confidentiality, short withdrawal periods, and address MEV.
- User Experience: Offers a seamless experience for both developers and end-users, with compatibility with MetaMask and other Ethereum wallets, and no change in user interaction with applications.
TEN’s approach to encryption on the blockchain aims to improve the experience for retail users, corporate users, and applications requiring smart contract secrecy.
Notable investors of TEN Protocol include KuCoin Labs, Magnus Capital and DWF Labs, among others.
What is the TEN Protocol ($TEN) token?
The $TEN token is the native token of TEN Protocol and serves multiple purposes within the TEN ecosystem:
- Node Operation Incentive: Rewards node operators for maintaining the network and ledger integrity.
- Staking Medium: Allows node operators to stake TEN tokens to cover operational costs.
- Governance Participation: Enables token holders to vote on proposals for changes to Ten.
- Ecosystem Development: Funds and incentivizes ongoing development through opportunities, grants, and competitions.
How to get the TEN Protocol ($TEN) token airdrop
Here’s how to get the potential TEN Protocol ($TEN) token airdrop:
- Complete Meet Ten-Stage 1 tasks on Galxe
Go to TEN Protocol’s Meet Ten- Stage 1 Galxe page. Make sure you have at least one transaction on Polygon, BNB, Ethereum, Arbitrum, Avalanche, or Optimism to meet the initial requirement here.
- Get 1 Entry and claim Novice role
Fill out the survey on the Meet Ten-Stage 1 page with your name and social media account details. Then, follow TEN Protocol on Twitter and obtain the Fren Discord role by joining their Discord and joining in community discussions. Claim the Novice role on Galxe
- Complete Meet Ten-Stage 2 tasks
Connect your wallet to the TEN Protocol Galxe page HERE and complete the tasks. Note you will be able to request testnet tokens every 120 minutes. For the guessing game, connect your MetaMask to the Ten Testnet here. Then, connect your Metamask to the Guessing Game page and guess the secret number between 1 to 1,000. Keep guessing until you run out of testnet ETH tokens. Complete the other social tasks.
- Interact with TEN Protocol testnet
Proceed to stage 2 by playing with the testnet and engaging in social tasks.
- Claim Squire role
Go to https://galxe.com/ten/campaign/GCxojtwqni, as you have already claimed the Novice role on Galxe in step 2 above, you can simply verify and claim the Squire role.
