Boxmining v2

Author: Angela Wang

  • Maximize Your Profits: Strategies for Trading Solana ($SOL) Memecoins!

    Maximize Your Profits: Strategies for Trading Solana ($SOL) Memecoins!

    Solana memecoins are a type of cryptocurrencies that have gained popularity due to their humorous or meme-related themes. A lot of people have benefited from this popularity and managed to profit from trading Solana memecoins. We at Boxmining have been trading Solana memecoins for almost a year. And from our own experiences, have discovered some personal strategies which have helped us maximize our profits trading Solana ($SOL) memecoins.

    Check out our guide!

    How I FOUND a Profitable System Trading Solana Memecoins

    Nevertheless, while many have profited from trading Solana memecoins, it is essential to recognize that the crypto market can be highly volatile. Some individuals have experienced substantial gains, while others have faced losses. As with any investment, it’s crucial to conduct thorough research, stay informed, and exercise caution.

    Most importantly, if you are considering trading memecoins, remember that prices can fluctuate rapidly, so always invest what you can afford to lose. 

    What are Solana ($SOL) memecoins?

    Solana memecoins are a category of cryptocurrencies that have gained popularity due to their humorous or meme-related themes. These coins often playfully reference internet culture, animals, or other entertaining concepts. Here are some notable Solana memecoins:

    1. Dogwifhat (WIF): A trending Solana memecoin with a current price of approximately $3.72. It has seen significant gains in the last 24 hours.
    2. Bonk (BONK): Another memecoin on Solana, priced at around $0.00004144. It has experienced positive growth recently.
    3. Cat in a dogs world (MEW): Priced at approximately $0.004275, this coin has gained attention among meme enthusiasts.
    4. Jeo Boden (BODEN): With a price of about $0.2715, Jeo Boden is also part of the Solana memecoin scene.

    Strategies for trading Solana ($SOL) memecoins

    Here are some of the strategies we use for maximizing our profits when trading Solana ($SOL) memecoins!

    Develop and stick to a risk management strategy

    A risk management strategy that we developed is to decide how many Solana ($SOL) tokens you would only put into a particular memecoin. This is because in the event that you do lose that predetermined amount, you may get emotional and want to put in more Solana to recoup the losses. And who knows, if you hold onto the memecoin, it may suddenly recover and go back up again.

    Be the first to get into a Solana memecoin by sniping

    Use trading points to snipe Solana memecoins before the liquidity pool for it has launched. For example, Sol Trading Bot on Telegram is a helpful and free bot to help you snipe. However, there are more serious Solana memecoin traders that have their own nodes or trading bots set up. This however requires a lot of resources and a high barrier to entry. For example, some very efficient bots with a high number of Transactions Per Second (TPS) could cost around 43 $SOL (around US$7,370). How these trading bots work is that they would spam many transactions in the hopes their transaction would go through. This, however, would mean that a lot of transaction fees would be spent. But for these traders, they consider this cost worthwhile.

    Unfortunately, it would be very difficult to compete against these traders by simply using free trading bots. But nevertheless, it could still help you turn a profit.

    For more tips on how to snipe Solana memecoins early, check out our guide HERE.

    Learn how to use Photon

    Photon is a platform that allows you to snipe and sell Solana tokens. To find a good Solana token to buy on Photon, you would want to look at token pairs that will launch soon. Token pairs that may be worth considering would have passed an audit, have mint authorisation, disabled free authorisation and disabled LP burned. These factors tend to suggest a lesser chance of the token being rug pulled. You should also look at the list of top 10 holders of a token because you would want the token to be as decentralized as possible. This is because if the token supply is mostly in 1 persons’ hands, it gives them a lot of power and they may potentially sell large amounts of the token at once, pushing the price down to your detriment.

    One other tip to using Photon effectively is to use with the PIRBViewBot. PIRBViewBot is a telegram bot that can give you more details on the spread of token holders compared to Photon.

    Find other successful traders as reference

    To find other successful Solana memecoin traders, you can go to Dexscreener and look at specific token pairs. Then, look for those wallets which have bought and sold a lot of the token. Afterwards, check their wallet and transaction history on Solscan. If that wallet has been trading a lot of memecoins, that is a good sign as it means they are active. On the other hand, a fresh wallet that has only been trading that 1 memecoin would not be worth looking at becuase it may mean it is a member of the memecoins’ development team or an insider.

    Once you have identified the wallet of a potentially good trader, paste their address into Birdeye. Birdeye analyses the transactions in the wallet and by the default displays their PNL in 1 week. You can also track the activities of the wallet over time using Cielo. To use Cielo, add them on Telegram and add the wallet you wish to track. For these large holders, it may be a good idea to also sell when they are also selling. This is because they may push down the price of the token.

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

  • Sender Labs token airdrop guide

    Sender Labs token airdrop guide

    Sender Labs developed Sender Wallet, a web3 wallet that supports multiple blockchains and offers users complete control over their cryptocurrency, NFTs, and DeFi activities. They currently have some daily tasks where you can earn Sender DAO Points which could lead to a potential airdrop, even better is that the tasks only take 2 minutes to complete! Here is our Sender Labs token airdrop guide.

    What is Sender Labs?

    Sender Labs is a provider of secure and smooth Web3 services for everyone. Their flagship product, Sender Wallet, is a versatile web3 wallet that supports multiple blockchains. It empowers users with complete control over their cryptocurrency, NFTs, and DeFi activities. Additionally, Sender Wallet offers seamless transactions where users can enjoy smooth trading through Sender Swap, where automated market maker (AMM) and order book merges. This integration ensures a seamless transactional experience, allowing users to complete transactions directly within the wallet’s built-in SWAP feature. Notably, this eliminates connection risks and authorized signature concerns.

    Sender Labs is backed by investors and partners such as Binance Labs, Pantera, Jump Capital and others.

    How to get the Sender Labs token airdrop

    Time needed: 2 minutes

    Sender Labs has a campaign where you can complete tasks to earn Sender DAO Points, leading to a potential token airdrop. Here’s how to get the potential Sender Labs token airdrop.

    1. Fund wallet with NEAR tokens

      Fund your wallet with NEAR tokens from centralized exchanges (CEX) like Bybit or BingX, or use the Rainbow Bridge for Ethereum, NEAR, and Aurora blockchains. If you are funding NEAR tokens from CEXs, you can also convert other tokens to NEAR and withdraw them to your wallet.

      Sign up for Bybit or BingX to enjoy extra benefits!

    2. Sign in daily

      Go to SenderDAO and connect your wallet to sign in. Note you will need at least 0.1 NEAR to connect the DApp. Do this task every day.

    3. Open Candy Box

      You will get 1 free chance to open a Candy Box after every successful sign in. The Candy Box can give you NEAR meme coins or even NEAR tokens.

    4. Invite friends

      Invite friends to earn 150 Sender DAO points, 100 points for the inviter and 50 points for the invitee.

  • Lagrange token airdrop guide

    Lagrange token airdrop guide

    Lagrange is a company that specializes in enabling verifiable computation over blockchain data at scale, using their hyper-parallel ZK Coprocessor and State Committee products to support data-intensive and cross-chain applications. They have recently launched a Galxe quest where you can try out their ZK Coprocessor. However, you must do these tasks before 24th May 2024! As with other projects, there is a possibility this could be a task for a potential airdrop in the future! Here is our Lagrange token airdrop guide.

    Check out our step by step guide

    Lagrange Potential Airdrop: Underfarmed BUT Time-Sensitive!!

    What is Lagrange?

    Lagrange is a company that specializes in cryptographic solutions for blockchain interoperability and verifiable computation at scale. Here’s are its main features:

    • ZK Coprocessor: A hyper-parallel processor that pre-processes blockchain data into a SNARK-optimized structure, enabling large-scale SQL queries to be proven at low cost.
    • State Committee Protocol: Generates State Proofs for optimistic rollups and integrates with interoperability protocols like LayerZero, Axelar, and Polymer, enhancing secure cross-chain interactions.
    • Research & Development: Focuses on deep research and publishes peer-reviewed papers in top cryptography conferences, ensuring their work is foundational and impactful.
    • Ecosystem Growth: Through strategic partnerships and integrations, Lagrange is expanding its ecosystem, with a network of node operators and a commitment to supporting the development of secure interoperability in crypto.

    Lagrange has recently announced their US$13.2 million seed round led by Founders Fund. Other investors in this round include Fenbushi Capital, Volt Capital, CMT Digital, Ventures, 1kx, Maven11, Mantle Ecosystem Fund and others.

    How to get a potential Lagrange token airdrop?

    Here’s how to get the potential Lagrange token airdrop

    1. Connect to Lagrange Galxe page

      Connect your MetaMask wallet to Lagrange’s Galxe page HERE.

    2. Get a Galxe Web3 Humanity Score of at least level 2

      Ensure you have at least a level two humanity score on Galaxe Web3. If you’re new, there’s a two-month free trial, or renew for 5 USDT on the Polygon chain if expired.

    3. Perform SELECT queries from Base on the Pudgy Penguins NFT collection

      Go to the Base Scan platform and execute SQL queries directly from the smart contracts related to the Pudgy Penguins NFT collection. You can find detailed instructions on how to do this HERE or see steps 4 to 9 below.

    4. Connect wallet to Basescan

      Visit the sample query client on Basescan HERE and click “Connect to Web3” to link your wallet.

    5. Enter query

      Expand the “Query” section and enter the following values:
      “query”: 0.00015
      “storageContract”: 0xBd3531dA5CF5857e7CfAA92426877b022e612cf8 (i.e. the Pudgy Penguins contract address)
      Offset: 5

    6. Enter address in holder

      In “holder”, enter an address you would like to query (e.g. 0x29469395eAf6f95920E59F858042f0e28D98a20B for the Blur NFT marketplace).

    7. Enter “startBlock” and “endBlock” fields

      Set the “startBlock” and “endBlock” fields for your search (eg. 19774897 to 19774997).

    8. Execute query

      To execute query, click “Write”.

    9. Verify result

      After signing and sending the query transaction, wait for the Lagrange Proof Network to process and submit the proof. Note the process on Base should cost less than 10 cents. Afterwards, return to Galxe for verification.

    10. Complete social tasks

      Complete the remainder of the social tasks on Galxe. These include becoming a Lagrange Labs Space User, following them on Twitter and referring your friends.

  • MANTRA Chain ($OM) token airdrop guide

    MANTRA Chain ($OM) token airdrop guide

    MANTRA Chain ($OM) is the first Real World Asset (RWA) Layer 1 Blockchain on the Cosmos ecosystem that ensures adherence to real-world regulatory requirements while enabling seamless participation in the evolving the RWA tokenization space for developers and institutions. MANTRA Chain has set aside 50 million $OM tokens for community airdrops. ATOM stakers and specific NFT holders will receive the allocated airdropped tokens. Additionally, MANTRA plans to double their token supply for the upcoming mainnet launch, and participants of the Hongbai Incentivized Testnet in April 2024 (and potentially others) will be eligible for the $OM airdrop. Here’s our guide to the MANTRA Chain ($OM) token airdrop.

    Check out our step-by-step guide

    https://youtube.com/live/Tjrstj87FxM
    Mantra ($OM) Hongbai Incentivized Testnet is LIVE!! (URGENT)

    What is MANTRA Chain?

    MANTRA Chain is a RWA-focused Layer 1 blockchain built to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi). Here are the main features of MANTRA chain:

    • Real World Asset Tokenization: MANTRA Chain is designed to facilitate the on-chain tokenization of RWAs. Crucially, tokenization of RWAs will have an expected valuation of US$16 trillion by 2030. This will be crucial in bridging TradFi and DeFi.
    • Security and Compliance: MANTRA Chain is a security-first Layer 1 blockchain that adheres to regulations and compliance frameworks. Their aim is to address the current ecosystem’s lack of compliance and fragmented liquidity.
    • Technical Architecture: Utilizing Cosmos SDK, MANTRA Chain offers a modular, scalable, and interoperable infrastructure for developers to build dApps and protocols, supported by the Inter-Blockchain Communication (IBC) Protocol.
    • Ecosystem and Governance: The platform integrates MANTRA Finance, MANTRA DAO, and MANTRA Chain into the Omniverse ecosystem, emphasizing regulatory compliance, community engagement, and on-chain governance.

    MANTRA Chain stands out for its focus on creating a permissionless blockchain for permissioned applications. Thereby ensuring a compliant environment for tokenization and decentralized applications within the Cosmos ecosystem.

    MANTRA has recently raised US$11 million in funding led by Shorooq Partners, a prominent venture and technology investment firm in the MENA region. Other investors include Mapleblock, Three Point Capital, Forte Securities, Virtuzone, Hex Trust, GameFi Ventures, Token Bay Capital, Virtuzone, BlackPine, Mapleblock, Fuse Capital, 280 Capital, Caladan (Alphalab Capital) and others.

    Check out our interview with MANTRA Chain CEO JP Mullin.

    How to get the MANTRA Chain ($OM) token airdrop?

    Time needed: 1 hour

    Here’s how to get the MANTRA Chain ($OM) token airdrop

    1. Sign up for the Hongbei Incentivized Testnet

      The Hongbei Incentivized Testnet will go live soon. Sign up for the waitlist HERE.

    2. Stay tuned for updates

      Follow MANTRA on Twitter to stay updated on their latest news on the incentivized testnet will go live.

    3. Stake $ATOM

      JP Mullin mentioned after our interview that $ATOM stakers could potentially qualify for the $OM token airdrop. However, the official eligibility criteria has not been officially announced yet. To stake $ATOM tokens with a Keplr wallet, go to the Keplr Dashboard. There, you can stake your $ATOM on the Cosmos Hub.

    4. Hold specific NFTS

      JP Mullin also revealed that holding certain NFTs such as Bad Kids and Pudgy Penguins may potentially qualify you for the $OM token airdrop.

    5. Participate in $OM staking pools on MANTRA DAO and MANTRAFinance

      Stake $OM tokens in the staking pools on MANTRA DAO and MANTRA Finance. This is to increase your chances of qualifying for the airdrop. There is currently a 1.35x multiplier for $OM stakers on these platforms. MANTRA DAO will discontinue $OM staking by 31st March 2024

    6. Complete Galxe quests

      Connect your wallet to the MANTRA Chain Galxe Page. Complete the social tasks and quiz. Here are the answers to the MANTRA Chain Glaxe Quiz 1: C (Cosmos), A (Real estate), D (Financing terrorism).

    $OM token staking reward mechanism

    Boxmining, including its employees, are not affiliated with and do not endorse or sponsor any token sales, initial coin offerings, initial exchange offerings and/or airdrops (the “token offerings”) unless clearly disclosed. The contents of this article are for information purposes only. Boxmining and its employees do not provide investment advice and do not take one’s personal circumstances into consideration when providing information about token offerings and cryptocurrency exchanges or platforms. In light of the above, Boxmining and its employees may hold the cryptocurrencies mentioned in this article. Please note that there are legal requirements in various countries that may restrict token offerings, and furthermore, the access to, and products and services provided by any of the cryptocurrency exchanges or platforms mentioned in this article. Consequently, the contents of this article are not directed at or intended to be accessible by persons in any jurisdiction where the extension of the availability of the materials to which you are seeking access would breach any applicable law or regulation. Decisions to participate in token offerings or to buy, sell or hold cryptocurrencies, as well as the access to and use of any cryptocurrency exchange or platform involves risk. You are also responsible for informing yourself about and observing any restrictions and/or requirements imposed with respect to any such token offerings, or the access to and use of any cryptocurrency exchange or platform. You must use your own judgment or consult a professional for advice on such matters.

  • Sanctum token airdrop guide: Sanctum Wonderland campaign guide

    Sanctum token airdrop guide: Sanctum Wonderland campaign guide

    Sanctum is a platform on Solana that aims to make staking more flexible. It wants to turn all the SOL tokens you stake into something you can easily trade, like a special kind of token called Liquid Staking Tokens (LSTs). Sanctum has officially finalised its airdrop campaign, known as Sanctum Wonderland, which is currently in Season 1. And with our guide, you can start passively earning every second! Here is our Sanctum token airdrop guide.

    Check out our step-by-step guide!

    https://youtube.com/live/2I93BZ0L_Ek
    Sanctum Airdrop is OFFICIALLY LIVE!! (So many LSTs)

    What is Sanctum?

    Sanctum is a project focused on enhancing the liquid staking ecosystem on the Solana blockchain. Here’s a brief summary of Sanctum’s main features:

    • Mission: To make all SOL staked and all staked SOL liquid, aiming for a future where Liquid Staking Tokens (LSTs) are easily accessible to everyone.
    • Core Functions: The app includes various tabs that house its core functions, designed to facilitate the issuance and investment in LSTs.
    • Developer Support: Provides technical documentation for developers interested in the project.
    • Accessibility: Strives to allow users to issue their own LSTs without liquidity concerns and to explore a wide range of LSTs for investment.

    Sanctum has recently closed a funding round led by Dragonfly Capital and other top VCs for US$6.1 million dollars.

    How to get the Sanctum token airdrop?

    Time needed: 1 hour

    Here’s how to get the Sanctum token airdrop

    1. Obtain Solana ($SOL) tokens

      Get some Solana ($SOL) tokens onto your Solana wallet. Solana ($SOL) tokens can be obtained from most major cryptocurrency exchanges such as Bybit or BingX.

      Sign up for Bybit and stand to win an iPhone 15 Pro Max HERE
      Sign up for BingX for sign up bonuses HERE

    2. Stake SOL tokens for Infinty or liquid staking tokens

      Connect your wallet to https://app.sanctum.so/infinity and stake your SOL tokens for Infinity ($INF) tokens. Infinity ($INF) tokens are a yield-bearing asset pegged to Solana. You can also stake SOL tokens for liquid staking tokens (LSTs).

    3. Swap SOL tokens for Infinty tokens

      On the same page as step 2 above, go to the “Swap” tab and swap other Liquid Staking Tokens into Infinity ($INF) tokens.

    4. Deposit Infinity ($INF) to Kamino Finance

      Connect your wallet to https://app.kamino.finance/. On the “Borrow/Lend” tab, scroll down to the INF market. Click “Supply” to deposit your Infinity ($INF) tokens. This is so you can farm points for Season 2. Note however there is a downside of no supply or borrow APY being distributed for this. This means you will not be earning yield from supplying $INF on Kamino.

    5. Deposit INF into Meteora’s DLMM Pools

      Meteora is another liquidity hub. It does not have a token yet, but there is a possibility that it may have one and do a token airdrop in the future. Meteora however has DLMM Pools for INF, which you can pair with SOL in order to farm a potential airdrop. To deposit INF into Meteora’s DLMM Pools, connect your wallet to https://app.meteora.ag/ and go to the “DLMM” tab at the top of the page. Find an INF-SOL pool to deposit your tokens. You may want to consider looking for pools to deposit that have the highest volume and TVL.

      However, when depositing onto Meteora’s DLMM Pools, be cautious of impermanent loss risks and remember to actively monitor your position.

    6. Alternative: deposit to normal pools on Meteora

      For a slightly lower risk alternative to DLMM Pools, you can consider using normal pools on Meteora. These can be found under the “Pools” tab. However, when using the normal pools, you should be aware of the Virtual Price value, which represents the value of your deposited LP token. The Virtual Price indicates if you are earning or losing money on your LP tokens. If the Virtual Price value is above 1, then you are earning from fees. For example, a Virtual Price value of 1.003 means that you are effectively earning 0.3% of the fees from this pool. On the other hand, if the Virtual Price value is less than 1, then it means you are losing money on your LP tokens.

      Note however you should still actively monitor your position on the pools you have deposited assets into on Meteora or any other protocol.

    7. NEW: Participate in Sanctum Wonderland Season 1

      To participate in Sanctum Wonderland Season 1, connect your wallet to https://app.sanctum.so/wonderland and use our code 94MIOB if you’d like. This will give us both an extra XP boost!

    8. Get a Sanctum Pet

      Sanctum has a total of 18 pets, and each LST has its corresponding Pet. To get a Sanctum Pet, you will only need to hold a minimum of 0.1 SOL worth of the corresponding LST. To get the Pet, click on its image and then “Buy”. Each Pet you own will allow you to earn 10 EXP per minute for every 1 SOL worth of the corresponding LST that you hold.

    9. Level up and evolve your Pet

      Your Pets will automatically level up as they gain EXP. The maximum level a Pet can reach is level 999. Upon reaching a certain level, Pets will evolve, and there are a maximum of 3 evolutions per Pet. This feature is coming soon so stay tuned!

  • Photon ($PTON) token airdrop guide: Airdrop confirmed!

    Photon ($PTON) token airdrop guide: Airdrop confirmed!

    Photon ($PTON) is a decentralized, cost-effective, and developer-friendly Layer 2 (L2) solution for Bitcoin. It leverages BVM and Celestia to enhance scalability and support Bitcoin’s evolving on-chain ecosystem. The Photon team have confirmed they will do a Photon ($PTON) token airdrop. Here is our Photon ($PTON) token airdrop guide.

    Check out our step by step guide:

    https://youtube.com/live/IuLNxf30hZM
    Photon Supernova Incentivized Testnet is LIVE!! ($PTON Airdrop CONFIRMED)

    What is Photon ($PTON)?

    Photon is a decentralized Bitcoin Layer 2 (L2) solution designed to scale the Bitcoin ecosystem with low costs and a builder-friendly environment. Here are the main features of Photon:

    • Modular Architecture: Photon uses a modular stack integrating performance, cost-efficiency, security, and interoperability, leveraging Bitcoin’s foundational strengths.
    • Bitcoin Virtual Machine (BVM): It runs on BVM for optimistic execution, offering EVM compatibility and high throughput, with plans for parallel transaction execution in Q3 2024.
    • Data Availability & Validation: Utilizes Bitcoin and Celestia for data availability and embeds data on Bitcoin for validation, inheriting Bitcoin’s security and decentralization.
    • Mission: Aims to create an inclusive Bitcoin cryptoeconomy, enabling developers to build scalable decentralized applications efficiently.

    Photon is incubated by SatoshiSync.

    How to get the Photon ($PTON) token airdrop?

    Here’s how to get the Photon ($PTON) token airdrop?

    1. Connect to Photon Supernova Incentivised Testnet

      Connect your wallet and Twitter to the Photon Supernova Incentivised Testnet.

    2. Add Photon testnet to wallet

      Add the Photon testnet chain to your MetaMask wallet. To add Photon testnet, click the logo on the top left hand side and “+ Add network”. On the pop up window, click “Add a network manually”. Then, input the Network name, RPC URL, Chain ID, Currency Symbol and Block explorer URL as provided on the Photon Supernova Incentivised Tesnet page.

    3. Claim testnet tokens

      On the Photon Supernova Incentivised Tesnet page, click “Claim 10 PTON” to get your testnet tokens. Note you can do this once every 24 hours.

    4. Stake PTON

      Click “Stake 5 PTON” to automatically stake 5 PTON. Note there is a 7 day lockup period. You can return to this page afterwards to claim your PTON rewards.

    5. Invite friends

      Invite friends to Photon, you will get 100 points for referrals and 50 points for sub-referrals.

    6. Complete Galxe tasks

      Connect your wallet to the Photon Galxe page. Complete the social tasks such as following Photon on Twitter and getting the Photonian role on their Discord. You will get the Discord role simply by joining their Discord and verifying. Finally, claim the roles and the points at the bottom of the page.

  • Root Network ($ROOT) token airdrop guide

    Root Network ($ROOT) token airdrop guide

    Root Network ($ROOT) is a blockchain platform designed to support the creation and management of digital assets and identities for the open metaverse, with features like smart contracts, cross-chain applications, and a proof-of-stake consensus for security and efficiency. They have recently launched an airdrop campaign for Galxe participants. Here’s our Root Network ($ROOT) token airdrop guide.

    Check out our step-by-step guide!

    https://youtube.com/live/3i5ulpkfU7Q
    Root Network ($ROOT) Airdrop on Galxe is LIVE! (Surprisingly Underfarmed)

    What is Root Network ($ROOT)?

    The Root Network is a technological foundation for the open metaverse, designed to provide a seamless user experience for metaverse applications. Here are the main features of Root Network ($ROOT):

    • Layer 1 Blockchain: Maintains ledger integrity, validates transactions, and executes smart contracts for metaverse applications.
    • EVM Integration: Supports Solidity smart contracts, allowing Ethereum-based code to run on The Root Network.
    • Digital Assets & Tokens: Enables creation and exchange of digital assets across various applications using industry standards like ERC-20 and ERC-721.
    • In-Chain Protocols: Offers built-in protocols for liquidity pools, digital collectibles, and cross-chain asset transfers without needing smart contract code.
    • Community Participation: Allows community members to run nodes, stake ROOT tokens, and participate in network governance and security.

    Will there be a Root Network ($ROOT) token airdrop?

    There will likely be a Root Network ($ROOT) token airdrop as part of the Galxe campaign. The Galxe Campaign commenced on April 9, 2024, and it will run until June 8, 2024. Participants can complete Galxe quests to accumulate Galxe Points, which are distributed in The Root Network token ($ROOT). Within a month after the conclusion of the initial set of campaigns, the Root Network token ($ROOT) will be distributed to participants.

    How to get the Root Network ($ROOT) token airdrop

    Here’s how to get the Root Network ($ROOT) token airdrop

    1. Connect to Root Network Galxe

      Connect your wallet to the Root Network Galxe page.

    2. Create Future Pass

      Click on the “Visit the FuturePass page” task and follow the instructions to create a FuturePass account. Note that the project has not updated their API yet so you may not see the green tick on the Galxe page even though you have completed the task.

    3. Complete social tasks

      Complete the social tasks i.e. follow Futureverse and Root Network on Twitter.

    4. Mint Galxe Passport

      Follow the steps to mint your Galxe Passport. Note you will need to provide your government issued identification document to obtain the Galxe Passport.

    5. Refer your friends

      Finally, click the “Share” button to copy your referral link and refer your friends to join in this campaign.

  • Avail token airdrop guide

    Avail token airdrop guide

    Avail ($AVAIL) is a new technology that allows developers to create their own blockchains with more speed, security, and flexibility. Avail will be launching their mainnet very soon, which means their Goldberg Incentivized Testnet will be ending soon, so do not miss out! Here’s our Avail ($AVAIL) token airdrop guide.

    Check out our step by step guide:

    https://youtube.com/live/Lo3_zJHuFvk
    Avial incentivized testnet airdrop guide

    What is Avail ($AVAIL)?

    Here is a summary of what Avail is and their main features based on the information on this page:

    • Avail: A fast and secure data and consensus layer that provides a foundation for building next-generation, trust-minimized applications.
    • Modularity: Avail supports any blockchain execution environment, allowing developers to customize, scale, and adapt their blockchains to any modular stack.
    • Sovereignty: Avail enables chains to become sovereign, meaning they have full control over their state and logic, and can update them without redeploying a smart contract.
    • Shared Security: Avail inherits the security of its base layer validator set, which uses cutting-edge math to ensure data availability and correctness.

    Will there be an Avail ($AVAIL) token airdrop?

    The Avail Goldberg Incentivized Testnet (also known as the Clash of Nodes) campaign has been live since November 2023. Avail will be launching its mainnet sometime this quarter. So it is likely Avail will do an airdrop soon!

    How to get the Avail ($AVAIL) token airdrop?

    Here’s how to get the Avail ($AVAIL) token airdrop

    1. Connect to the Avail Goldberg testnet

      Connect to https://goldberg.avail.tools/#/accounts using your Polkadot wallet such as SubWallet. If you do not have a Polkadot wallet, the page will give you a public address and a mnemonic seed phrase to create one right on the page!

    2. Access testnet faucet

      Join the Avail Discord and head to the #faucet-access channel. Note you will need a Gitcoin Passport with over 20 points. Then, go to https://passport-verifier.avail.tools/, connect your Discord and submit your Gitcoin Passport. Then click “Give role”.

      Return to Goldberg and copy the address of the account that you created. Return to Discord, go to #goldberg-faucet and type “/deposit”. Then paste your address and you will get 5 $AVAIL for doing this. You can use the faucet every 3 hours and we suggest to return to get more testnet $AVAIL testnet tokens often because you will need a lot of them to complete tasks.

    3. Set up on-chain identity

      Go to the Goldberg testnet website and click on the ‘Set On-Chain Identity’ option. Enter your information, such as email, Twitter, Discord, etc. Note that this action requires 10 $AVAIL tokens.

    4. Stake $AVAIL tokens

      To stake your AVAIL tokens on the network, go to the ‘Network’ section on the Goldberg testnet website, select ‘Staking’, and join a pool with fewer than 100 participants.

      Stake at least 10 AVAIL tokens in the pool. Remember you can claim more testnet tokens from the faucet every 3 hours to have enough for staking.

    5. Complete Avail’s Light Client Lift-Off challenge and claim the participation NFT

      To complete Avail’s Light Client Lift-Off challenge, connect your wallet to https://lightclient.availproject.org/ and complete the social tasks. Afterwards, mint the participation NFT.

  • Dymension ($DYM) Token Staking Guide: 1000+ airdrop guide!

    Dymension ($DYM) Token Staking Guide: 1000+ airdrop guide!

    Dymension ($DYM) comprises a network of swiftly deployable and high-speed modular blockchains known as RollApps. The projects have just finished their airdrop, and those who had just staked 1 Celestia ($TIA) tokens were able to get thousands of Dymension ($DYM) tokens! However, even if you did not manage to get the Dymension ($DYM) token airdrop, it is still worth getting some tokens so you can stake it. This is to position yourself for more airdrops in the future just like Celestia! Here is our Dymension ($DYM) token staking guide for MORE airdrops!

    Check out our Dymension ($DYM) Token Staking Guide!

    https://youtube.com/live/VXYrqBwUk1A

    And check out our other video on other airdrop rewards offered to Dymension ($DYM) stakers HERE.

    What is Dymension ($DYM)?

    Dymension is a groundbreaking blockchain network characterized by its modular blockchains known as RollApps. These RollApps serve as the front-end, offering users a platform for diverse applications such as games, decentralized finance (DeFi), and NFTs. Central to its operation is the Dymension Hub, akin to a back-end server, which orchestrates network activities, manages requests from RollApps, and ensures cohesive functionality within the ecosystem. In its architecture, Dymension incorporates Data Availability Networks via Celestia, paralleling the role of databases in traditional web setups. These networks provide temporary data storage, enhancing efficiency and adaptability. Complementing this structure is the Dymension RollApp Development Kit (RDK), based on the Cosmos SDK. This kit facilitates the creation of RollApps, offering essential tools and pre-built modules for developers to efficiently build and deploy their applications, each with distinct client and server components. Dymension distinguishes itself through its innovative consensus mechanism and interoperability features. RollApps delegate the consensus process to the Dymension Hub, which maintains network integrity and manages state root updates. This delegation enables rapid transaction processing and high transaction throughput. Furthermore, the network’s design promotes smooth interoperability within the Cosmos ecosystem through the Inter-Blockchain Communication (IBC) protocol, fostering a connected and collaborative ecosystem.

    How to stake Dymension ($DYM) tokens for more airdrops

    Time needed: 15 minutes.

    Here’s our guide on how to stake Dymension ($DYM) tokens for more airdrops.

    1. Get Dymension ($DYM) tokens

      Claim your Dymension ($DYM) tokens. If you missed the airdrop, you can still buy Dymension ($DYM) tokens on exchanges such as Bybit.

      Sign up for a Bybit account here!

    2. Connect to Dymension portal

      Connect your wallet (either MetaMask, Leap, Trust or Keplr wallets) to the Dymension portal at https://portal.dymension.xyz/dymension/staking. Also follow the steps to add the Dymension network to your wallet.

    3. Choose a validator to delegate your Dymension ($DYM) tokens

      Choose a validator to delegate your Dymension tokens to. Avoid picking validators associated with centralised exchanges, those will have the exchange in its name. We suggest delegating your Dymension ($DYM) tokens to the ValiDAO validator because they announced a ValiDAO ($VDO) token airdrop to all address who delegate their $DYM with their validator!

      We also suggest delegating your Dymension ($DYM) tokens to the Enigma and Frens validators. Essentially, it is a good idea to delegate your Dymension ($DYM) tokens to validators with their own DAO because they are likely to make their own DAO token and airdrop it to you as a reward.

    4. Delegate your Dymension ($DYM) tokens

      Once you have chosen your validator, click “Stake”, select the amount of $DYM you wish to stake and click “Stake”. Note that staking will lock up your tokens for 21 days. To access your staked tokens again, you will need to go through the un-staking process.

    5. Keep track of your validators

      Keep track of any announcements from the validators you have delegated your $DYM with. Follow their Twitter, Discord and Telegram pages for any announcements regarding additional airdrops.

    6. Check if you qualify for NIM Network airdrops

      NIM Network have announced that all $DYM token stakers will be eligible to claim The Nim Genesis Drop, and can claim up to 50 million $NIM (i.e. 5% of the total supply). You can check if you qualified for the $NIM airdrop by going to https://claim.nim.network/ and entering your Dymension wallet address. If you do qualify, the $NIM tokens will automatically be airdropped to your Dymension wallet at TGE.

    7. Stay up to date on the potential Aigisos ($AIG) airdrop

      Aigisos ($AIG) is a RollApp focusing on security, and have been selected by Microsoft for Startups. The team have confirmed that 12% of the $AIG supply will be airdropped to $DYM token stakers as Genesis RollDrop. The $AIG tokens will be distributed during the mining of the Aigisos genesis block, which is expected to be in H1 of 2024. No further details have been released yet. So, follow Aigisos on Twitter to make sure you have the latest airdrop news.

    8. Complete Rivals Network ($RIZ) Galxe tasks

      Rivals Network ($RIZ) is an AI-driven Data Provenance DePIN RollApp built on Dymension and powered by Celestia. The team have already confirmed they will have a $RIZ token and are likely to do a token airdrop. This is because Rivals Network ($RIZ) has a Galxe page where you can complete various social tasks to mint an OAT.

    9. Check eligibility for Dogmond ($DGM) airdrop

      Dogmond ($DGM) is a memecoin similar to ChihuahuaChain ($HUAHUA). However, instead of being built on a blockchain, Dogmond will be built on a RollApp powered by Dymension. Dogmond have confirmed that 40% of their token supply will be allocated to $DYM stakers as a reward for their contribution towards network security and engagement. You can check your eligibility by pasting your wallet address HERE.

    Frequently asked questions (FAQs)

    Which Dymension Validator to pick for MORE AIRDROPS?

    We suggest the ValiDAO validator because they announced a ValiDAO ($VDO) token airdrop to all address who delegate their $DYM with their validator.

    How to find the best Dymension Validator to get more airdrops?

    The best Dymension validators are those with their own DAO. This is because they are likely to make their own DAO token and airdrop it to you as a reward. We suggest you follow their social media channels closely to get the latest news on any airdrop announcements.

    How many Dymension ($DYM) tokens do you need to stake for airdrops?

    The amount of Dymension ($DYM) tokens to stake for airdrops depends on the validator. Each validator will have their own airdrop eligibility criteria.

  • EigenLayer ($EIGEN) token airdrop guide: How to claim?

    EigenLayer ($EIGEN) token airdrop guide: How to claim?

    Eigenlayer is a protocol built on Ethereum that helps people who own Ethereum to keep their money safe and earn more rewards. With EigenLayer, people can use their Ethereum to help many different services stay safe at the same time. EigenLayer have already taken the airdrop snapshot, announced the eligibility criteria and claim details. Here’s our guide explaining the eligibility criteria and how you can claim the EigenLayer token airdrop.

    Eigenlayer Airdrop: Most Disappointing Airdrop SO FAR?!

    Check out our step-by-step guide!

    What is EigenLayer?

    EigenLayer is a protocol that introduces a new primitive in cryptoeconomic security called restaking. This primitive enables users to reuse their ETH on the consensus layer and extend cryptoeconomic security to additional applications on the network. Users who stake ETH natively or with a Liquid Staking Token (LST) can opt-in to EigenLayer smart contracts to restake their ETH or LST and earn additional rewards.

    What is interesting about EigenLayer is that they have raised $50 million in Series A funding led by Blockchain Capital. Other notable investors include Finality Capital, Electric Capital, Polychain Capital, Hack VC and Coinbase Ventures. With Coinbase Ventures backing EigenLayer, there is strong speculation that their token will be listed on either Coinbase or Binance.

    How to get a potential EigenLayer token airdrop if deposits are paused

    To get the potential EigenLayer token airdrop, simply connect to https://app.eigenlayer.xyz/ and connect your wallet. Then, click into your preferred pool, enter the amount of tokens you wish to deposit and click “Deposit”.

    However, Liquid Restaking deposits are currently paused on EigenLayer because it is full. They sometimes reopen, but when it does, it is only for a few hours at a time. So it is importantly to SUBSCRIBE to Boxmining+ because we will be the first to let you know when it does!

    There is an alternative solution to getting the potential EigenLayer token airdrop if liquid restaking deposits are full. However, there is a risk of using Ether.fi as a backdoor to getting into the EigenLayer token airdrop. This is because EigenLayer has not officially supported this as an alternative to getting the EigenLayer token airdrop.

    Here’s how to get a potential EigenLayer token airdrop if EigenLayer deposits are paused:

    1. Connect to Ether.Fi at https://www.ether.fi/.
    2. Use referral for EXTRA POINTS by clicking HERE.
    3. Stake ETH: Choose the amount of ETH you wish to deposit and click “Stake”. But make sure the transaction fees are not expensive when staking. This is because they could be more than what you may potentially get from this airdrop.
      You will get eETH when you stake ETH on Ether.fi.
    4. Earn rewards: You will earn the following rewards for staking on Ether.fi: APR, restaked APR, ether.fi loyalty points and Eigenlayer points.
    5. Withdraw staked ETH: Withdraw your eETH on the “Stake” tab. Note it takes around 7 to 14 days. Or if you don’t want to wait 7 to 14 days, you can immediately swap your eETH for an alternative cryptoasset using any DEX. However, you will need to pay exchange fees for this.

    How to qualify for potential Eigenlayer airdrop: Cheapest method, no Ethereum

    Time needed: 1 hour

    Here’s how to get a potential EigenLayer token airdrop if EigenLayer deposits are paused:

    1. Withdraw Ethereum to Manta

      Withdraw Ethereum on your centralized exchange account (e.g. Binance) to MetaMask using the Manta network. This is because it is extremely cheap to do this. For instance, Binance charged us 0.0001 ETH (around US$0.35) for this transaction, versus 0.003 ETH (around $10.48) for doing the same transaction using the Ethereum network. Note we chose the Manta network so we can get extra rewards on the Manta Renew Paradigm campaign. However, you can also use other networks such as Arbitrum, Base and Optimism.

      Learn more about the Manta Renew Paradigm and our step by step guide HERE.

    2. Join Manta’s New Paradigm

       You need an invite to join Manta’s Renew Paradigm. Use the invite code HERE.

    3. Swap ETH for STONE

      You will need STONE in order to stake on Manta. To get STONE tokens, connect your wallet to https://app.aperture.finance/swap?chainId=169 and swap your ETH to STONE. Note, do not swap all your ETH as you will need some ETH to pay for upcoming transaction costs.

    4. Stake STONE on protocols

      On the staking dashboard, select your validator and stake your ETH. Make sure that you select a validator that offers Eigen Layer Points. For example Shoebill, LayerBank and ZeroLend offer LayerBank/ Shoebill/ ZeroLend rewards, Manta rewards, Stone Stake ETH rewards and Eigen Layer Points. You can choose to stake all your ETH on one or split your ETH between several protocols. We chose which protocol to supply and stake our STONE depending on the Supply APY offered. You can check the Supply APY on the protocol’s page. As at the time of writing, Shoebill offers 4.53% and ZeroLend offers 0.012% Supply APY. Whilst LayerBank offers 3.46% Supply APR.

      See steps 5-6 for supplying and staking STONE on Shoebill.
      See steps 7-8 for supplying and staking STONE on ZeroLend.
      See steps 9-10 for supplying and staking STONE on LayerBank.

      Note that token unstaking on Manta New Paradigm will only be enabled in May 2024.

    5. Supply STONE on Shoebill

      Connect your wallet to https://manta-stone.shoebill.finance/#/ and click on the “STONE” market. Uder the “Supply” tab, choose the amount of STONE you wish to supply and confirm the transaction. This will give you sbSTONE.

    6. Stake sbSTONE on Manta

      Go to the Manta Renew Paradigm staking dashboard and click on the down arrow under Shoebill. Stake your sbSTONE to get Shoebill rewards, Manta rewards, Stone Stake ETH rewards and Eigen Layer Points. Note that token unstaking on Manta New Paradigm will only be enabled in May 2024.

    7. Supply STONE on ZeroLend

      Connect your wallet to https://app.zerolend.xyz/. Click the down arrow to change to the Manta market. Click on “StakeStone Ether”. Choose the amount of STONE you wish to supply and click “Approve STONE to continue”. This will give you z0STONE.

    8. Stake z0STONE on Manta

      Go to the Manta Renew Paradigm staking dashboard and click on the down arrow under ZeroLend. Stake your z0STONE to get Zerolend rewards, Manta rewards, Stone Stake ETH rewards and Eigen Layer Points. Note that token unstaking on Manta New Paradigm will only be enabled in May 2024.

    9. Supply STONE on LayerBank

      Connect your wallet to https://manta.layerbank.finance/bank. Click “STONE” under Markets. Choose the amount of STONE you wish to supply and click “Supply”. This will give you lSTONE.

    10. Stake lSTONE on Manta

      Go to the Manta Renew Paradigm staking dashboard and click on the down arrow under LayerBank. Stake your lSTONE to get LayerBank rewards, Manta rewards, Stone Stake ETH rewards and Eigen Layer Points.

    EigenLayer token airdrop guide

    AltLayer airdrop for EigenLayer restakers and ecosystem partners: How to claim?

    AltLayer announced details of their Airdrop Season 1. A total of 300 million $ALT tokens (i.e. 3% of the total supply) will be airdropped. They have taken a snapshot at 12:00:11 on 17th January 2024 (UTC), and the AltLayer airdrop will be available to claim from 25th January to 25th February 2024. Of the $ALT tokens to be airdropped, 13.05% (i.e. 39.15 million) $ALT will be airdropped to EigenLayer Restakers. And 4.49% (i.e. 13.47 million) $ALT will be distributed to EigenLayer Ecosystem Partners.

    For EigenLayer Restakers, you must have at least 720 Restaked Points to be eligible for the AltLayer airdrop.

    AltLayer $ALT token claims are now open and can be claimed HERE. To claim your airdrop, enter your Ethereum address and click “Check”.

    EigenLayer airdrop eligibility criteria

    The EigenLayer token airdrop snapshot was taken at Block #19437000, on 15th March 2024, at 01:11:35 UTC.

    EigenLayer has announced there are 2 airdrop seasons. In particular, Season 1 will be split into 2 phases. In Phase 1, 90% of Season 1 tokens will go to those who staked directly in EigenLayer or via Liquid Restaking Tokens (LRTs). For Phase 2, the remaining 10% of Season 1 tokens may go to those who engaged with EigenLayer in more intricate ways, where identifying the appropriate EigenLayer end user was either impossible or necessitated a subjective judgment.

    EigenLayer have confirmed there will be they will give an additional 100 $EIGEN to all users who have interacted with EigenLayer before 29th April 2024 and passed the Sybil filtering. Therefore, Season 1 airdrop participants will receive a minimum of 110 $EIGEN (i.e. a floor amount of 10 $EIGEN plus the additional 100 $EIGEN). Meanwhile, Season 2 participants who started staking between 15th March and 29th April 2024 will also receive a minimum of 100 $EIGEN.

    How to claim your EigenLayer airdrop?

    To check your eligibility for the EigenLayer token airdrop, click HERE and enter your EVM wallet address. You can then claim your EigenLayer token airdrop on 10th May 2024. HOWEVER, airdropped $EIGEN will be unlockable (i.e. non-transferrable) until new features are live and further decentralization is achieved. This is targeted to be on 30th September 2024.

    EigenLayer 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 EigenLayer airdrop is now live. Participants are already doing tasks and getting points!

    Airdropped token allocation: The EigenLayer airdrop allocation is unknown.

    Airdrop difficulty: The EigenLayer airdrop requires users to deposit ETH onto their platform. But deposits are currently closed. We have an alternative which is to deposit on Ether.fi instead, but EigenLayer have not confirmed this is an official method to getting their token airdrops.

    Token utility: The EigenLayer token utility is unknown.

    Token lockup: There is no information on the EigenLayer token lockup yet.