Yellow Network ($YELLOW) is a decentralized Layer-3 peer-to-peer mesh network that enables real-time, cross-chain trading by allowing brokers to communicate, trade, and aggregate liquidity without relying on block creation. They have recently launched their testnet and Galxe campaign, which would pave the way to a potential $YELLOW token airdrop! Here is our Yellow Network ($YELLOW) token airdrop guide.
What is Yellow Network ($YELLOW)?
Yellow Network ($YELLOW) is a decentralized system that lets brokers trade and share liquidity across different blockchains in real-time without needing to create new blocks. Here are some of its main features.
- Decentralized Trading: Yellow Network enables genuinely decentralized trading by allowing participants to swap assets across different exchanges without relying on block creation.
- Layer-3 Mesh Network: It operates as a decentralized Layer-3 peer-to-peer mesh network, facilitating communication, trading, and liquidity aggregation among brokers.
- State Channel Technology: Utilizes state channel technology for real-time settlement between brokers, enabling cross-chain trading without the need to bridge assets.
- Scalability and Efficiency: Improves blockchain throughput by reducing the computational load on nodes, making it easier to run a node and decentralizing the certification process.
How to get the Yellow Network ($YELLOW) token airdrop?
Here is a step by step guide on how to get the Yellow Network ($YELLOW) token airdrop
- Go to Yellow Network Galxe Quest Page
Connect your wallet to https://app.galxe.com/quest/YellowNetwork/GCKaDtgyrz
- Connect to Yellow vault
Go to https://vault.yellow.com/seasons and connect your wallet.
- Lock funds
Make sure you are on the Ethereum, Linea or Polygon networks, select the amount you wish to lock up and click “Lock”. Note that Season 1 of this campaign is live until 11th November 2024.
- Verify task
Go back to Yellow Network’s Galxe page and verify the task.
- Complete social tasks
Follow Yellow and Twitter and interact with their posts as per the Galxe tasks. Remember to verify your tasks in order to earn points.
- Visit pages
Visit the pages specified on Yellow Network’s Galxe page and verify the task.
- Refer friends
Refer your friends to participate in Season 1: The Future.