As the world races to combat climate change, blockchain technology is emerging as a powerful tool to enhance the efficiency, transparency, and accessibility of carbon markets. For crypto folks, it’s worth understanding the basics: carbon credits are tradable units where one carbon credit represents a reduction, avoidance, or removal of one metric tonne of CO2e (carbon dioxide equivalent) from the atmosphere. Tokenizing these credits onchain unlocks global participation and streamlines trading and retirement, making climate action more scalable. At the forefront of this revolution is Klima Protocol, a decentralized platform dedicated to bringing carbon markets onchain.
With its innovative approach to tokenizing, trading, and retiring carbon credits as part of the Real-World Assets (RWAs) movement, Klima Protocol is redefining how we interact with environmental assets. In this article, we’ll dive into Klima Protocol’s mission, explore the latest updates with KLIMA 2.0, and highlight what’s on the horizon for this groundbreaking project.
Klima Protocol: A Vision for a Sustainable Future
Klima Protocol aims to create a decentralized liquidity hub for carbon credits. According to its whitepaper, Klima Protocol leverages blockchain technology to facilitate efficient carbon credits’ trading, generate fees, and incentivize stakeholder participation through its dual-token system: $KLIMA and $KlimaX. $KLIMA represents carbon-backed assets, while $KlimaX serves as the governance token, empowering holders to influence the protocol’s direction, such as deciding which types of carbon credits to purchase.
Klima 2.0 Design
The protocol’s treasury is backed by a diverse range of carbon credits, ensuring that $KLIMA maintains intrinsic value tied to real-world environmental assets. By capturing the inefficiencies of traditional carbon markets—such as broker fees (aka middlemen) — and redistributing that value to ecosystem users, Klima Protocol is building an open, interoperable carbon economy that aligns financial incentives with climate impact.
Klima owns 1% share of the Voluntary Carbon Market TVL
KLIMA 2.0: A New Era for Carbon Markets
On April 1, 2025, Klima Protocol announced its highly anticipated KLIMA 2.0 update via a detailed post on X by @OptimaResearch. This update marks a significant evolution in the protocol’s token ecosystem, introducing several key changes that promise to enhance its impact on the carbon market and the broader DeFi space. Let’s break down the major updates:
1. Migration to a New $KLIMA Token on Base
Klima Protocol is migrating the existing $KLIMA token to a new version on Base, a layer-2 scaling solution for Ethereum. This transition aims to improve scalability and reduce transaction costs, making it easier for users to interact with the protocol. The new $KLIMA will continue to be backed by the carbon credits in Klima’s treasury but will reflect a broader and higher-quality range of assets compared to the previous standard of 1 Base Carbon Tonne (BCT). Additionally, $KLIMA holders can now stake their tokens to earn ecosystem fees and provide liquidity in core pools, capturing value from trading fees and arbitrage opportunities. This model of yield generation is derived from what Klima calls “structural delta”—the efficiencies gained by bringing carbon markets onchain.
$KLIMA Staking
2. Introduction of $KlimaX: Fixed-Supply Governance Token
Alongside the new $KLIMA, Klima Protocol is launching $KlimaX, a fixed-supply governance token designed to give holders a say in the protocol’s carbon credit purchasing decisions. By staking $KlimaX, users can vote on which types of carbon credits the protocol should acquire, directly influencing the treasury’s composition. Staked $KlimaX also earns yield, and holders can provide $KLIMA/$KlimaX liquidity to earn additional rewards. The value of $KlimaX is intrinsically tied to the success of $KLIMA, creating a symbiotic relationship between the two tokens.
There is an entire exposition detailing the mechanics of Klima 2.0. Refer to the “Three Economic Pillars” section in the whitepaper.
$KLIMA & $KlimaX TokenomicsTotal Supply of $KLIMATotal Supply of $KlimaX
3. $kUSD: A Game-Changing Syncratic Balancer Token
Perhaps the most exciting addition to what’s coming is $kUSD, a new type of asset dubbed a Syncratic Balancer Token (SBT). Unlike traditional stablecoins, $kUSD combines yield, decentralization, and long-term stability by being fully backed by a mix of US Treasuries and climate risk-focused assets. Drawing inspiration from Tether’s $USDT model—which generated $7 billion in revenue in 2024— the majority of $kUSD’s profits will be distributed to holders while using a portion to supercharge its carbon economy. This innovative approach positions $kUSD as a potential game-changer for both the wider DeFi space, offering a stablecoin-like experience with real yield opportunities.
4. Fair Launch for $KLIMA and $KlimaX
Klima Protocol is kicking off KLIMA 2.0 with a Fair Launch, allowing existing $KLIMA holders to stake their tokens and earn points toward the new $KLIMA and $KlimaX tokens. The Fair Launch details are available on Klima’s GitHub or KlimaDAO’s resource hub, and the staking process is now live at app.klimaprotocol.com. This inclusive approach ensures that long-term supporters of the protocol are rewarded as it transitions to its next phase.
Upcoming Updates: What’s Next for Klima Protocol?
Klima Protocol isn’t stopping with KLIMA 2.0 rollout. The project has outlined several upcoming initiatives to further solidify its position as a leader in carbon credit tokenization:
Staking Mechanics and Yield Optimization
Following the Fair Launch, Klima Protocol will publish detailed information on staking mechanics for $KLIMA and $KlimaX. This will provide users with clear guidance on how to maximize their yield through staking and liquidity provision. The protocol’s focus on yield generation—through trading fees, arbitrage—will create new opportunities for passive income while supporting the growth of the carbon economy.
Partnerships for $kUSD Development
Financial service providers, asset managers, and leading protocols are collaborating to support the development of $kUSD. These partnerships aim to deliver real yield onchain, enhance the token’s stability, and establish $kUSD as a powerful tool for decentralized finance.
Security and Transparency
On April 8, 2025, Klima Protocol partnered with Hashlock to conduct a security audit of its smart contracts, ensuring the integrity of its decentralized infrastructure. This commitment to security, combined with the protocol’s emphasis on transparency (as highlighted in its interactive whitepaper by Léo de Souza, Director of Applied Research at Klima Foundation), will build trust among users and stakeholders.
How to Get Involved: A Step-by-Step Guide
For existing $KLIMA holders and newcomers alike, now is the perfect time to join Klima Protocol ecosystem. Klima Fair Launch guide provides a clear roadmap for participating in the Fair Launch:
Visit the Official DApp: Head to www.klimaprotocol.com to access the Fair Launch dApp.
Stake Your $KLIMA: If you’re an existing $KLIMA holder, stake your tokens to earn points toward the new $KLIMA and $KlimaX tokens.
Stay Informed: Follow Klima Protocol on X (@KlimaDAO) for updates on staking mechanics and other developments.
Explore $kUSD Opportunities: Keep an eye out for more details on $kUSD, as this token promises to offer unique yield opportunities.
Conclusion
Klima Protocol is more than just a blockchain project—it’s a movement to align financial incentives with environmental impact. With KLIMA 2.0, the protocol is taking bold steps to enhance the efficiency of carbon markets, empower its community through decentralized governance, and introduce innovative financial instruments. Whether you’re a long-time $KLIMA holder or a newcomer looking to make a difference, now is the time to get involved.
Head over to www.klimaprotocol.com to stake your $KLIMA and participate in the Fair Launch. Follow Klima Protocol on X for the latest updates, and join the community in building a sustainable future—one carbon credit at a time.
ZKsync is a layer-2 scaling solution designed to speed up transactions and lower gas fees on Ethereum. There are reports ZKsync have have their token generation event (TGE) in the coming few days. Their airdrop is also anticipated to be around 13th June 2024. Meanwhile, ZKsync airdrop could entitle you to both a ZKsync ($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
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.
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
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
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).
Fuel Network is another trending modular blockchain project similar to Celestia. They are currently in Phase 2 of their points program which means there may be airdrops coming soon! In this article, we will explain what Fuel is and how to position yourself for the token airdrop.
Check out our step by step guide!
Some SURPRISE Airdrops are COMING!!
Fuel Network Airdrop Step-by-Step Guide
Here’s a step-by-step guide on how to get a potential Fuel Network token airdrop:
Fuel is focused on building the fastest execution layer for modular blockchains. It is essentially a verifiable computation system designed for the modular blockchain stack. This system is based on a fraud- or validity-provable blockchain or other computation system that leverages a modular blockchain for data accessibility.
There is an ongoing shift happening in the architecture of layer-1 (L1) blockchains. We are transitioning from a monolithic design, in which consensus, data availability, and execution are interdependent, to a modular future where execution is detached from data availability and consensus. This decoupling permits specialization at the foundational layer, leading to a significant increase in bandwidth capacity. As such, Fuel is specifically developed to leverage this additional bandwidth, delivering high security and flexible throughput.
Who is the Team behind Fuel?
Fuel is developed by Fuel Labs, co-founded by John Adler and Alex Hansen. Adler is also the co-founder of Celestia, another popular modular blockchain project. In fact, both projects are complementary in terms of technical route. But Fuel is positioned as a modular execution layer, whereas Celestia is optimized for data availability and ordering. This makes Fuel one of the most hotly anticipated projects.
In September 2022, Fuel Labs successfully raised $80 million in a funding round led by Blockchain Capital and Stratos Technologies. Other backers also include some of the sector’s biggest investors such as CoinFund, Bain Capital Crypto, and TRGC.
Does Fuel have a Token?
As of now, Fuel has not confirmed the launch of a token. But with more than $80 million raised and its counterpart Celestia launching a token, it is very likely that Fuel will launch a token ahead of the mainnet launch. Currently, Fuel has a points program where you can earn off-chain points by completing specific on-chain actions. These points can potentially qualify you for future network rewards, which could mean airdrops.
How to Receive Potential Fuel Token Airdrop
Time needed: 45 minutes
The best chance to receive Fuel airdrops is to interact with their testnet. Fuel recently launched their Beta-3 Testnet, and it is important to interact with their protocols for a chance to be included in the snapshot. Here’s a step-by-step guide on how to position yourself for the airdrop:
Install Fuel Wallet
You will need to install Fuel Labs Wallet to interact with the testnet. Go to wallet.fuel.network/docs/install and download the zip file of the wallet. Once it’s complete, go to Chrome Extensions and toggle on “Developer Mode” at the top right corner of the screen. Now drag the downloaded zip file to the extension page to begin installing the wallet.
Claim Testnet Tokens
After setting up your wallet, go to your wallet and click on the “Faucet” button. You can also try here or here. Enter your wallet address and you should receive some test ETH immediately.
Connect with Fuel Wallet
Now, you will need to request a connection with your wallet, which will authorize your application to execute other actions. Go to wallet.fuel.network/docs/how-to-use, scroll down to the “Request Connection” section and connect. Then, click “Check it working”. Afterwards, try each of the tools on the page. This is really simple as all you need to do is to scroll and follow each step.
Interact with SwaySwap
SwaySwap is a decentralized exchange built on the Fuel test network, and is very likely a prerequisite to be included in the snapshot. Go to fuellabs.github.io/swayswap and launch the app. Claim testnet tokens at https://app.swaylend.com/#/faucet. Here you can swap tokens, provide liquidity to the protocol, and remove some liquidity. The more frequent the better chances you’re eligible for the airdrop.
Apply for the Thunder NFT closed beta
To apply for the Thunder NFT closed beta, go to the signup page and enter your Twitter handle.
Interact with Other DApps on the Ecosystem
There are many other projects building on Fuel. Here is an updated list of all the protocols that are currently running on Fuel Network. Additionally, most of these DApps do not have a token yet. So testing and interacting with them could also get you to qualify for their own token airdrop!
Complete Guild tasks and get Discord role
Connect your wallet to Fuel’s Guild page. Complete the social tasks to get various Discord roles.
Leave feedback on Discord
Go to the “wallet-feedback” channel on Discord and leave any feedback you have on the Fuel Wallet.
There are 3 ways to earn points in Phase 2 of Fuel’s Points Program. Firstly, Activity Points are earned by interacting with qualifying apps on Fuel Mainnet. For example, becoming a liquidity provider or lending on platforms. Some activities will also give you multipliers on your points. SeeHERE for the latest details. Secondly, spending on gas transactions will allow you to 5 Gas Points for each dollar spend on gas. Finally, when actively deploying funds, you can earn Passive Points at a minimum ate of 1 point per day per dollar.
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: Fuel has not confirmed a token launch yet, let alone an airdrop. But given the amount of money it raised and the project sharing the same co-founder as Celestia, there is a good chance they will have a token, and with it an airdrop.
Airdropped Token Allocation: TBD
Airdrop Difficulty: The steps are relatively easy as you just have to install a wallet and interact with SwaySwap. We also recommend being active with other DApps to increase your chances of getting an airdrop.
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.
Taiko is a ZK-EVM scaling solution for Ethereum, similar to zkSync and StarkNet. Taiko token airdrop has been confirmed and Phase 1 of the airdrop has begun! In this article, we will explain what Taiko is and how to position yourself for the $TKO airdrop.
Check out our EXCLUSIVE Taiko Airdrop trip to farm mainnet for FREE!
Taiko Airdrop 200 IQ TRICK (Farm Mainnet for FREE)
Taiko ($TKO) Airdrop Step-by-Step Guide
Here’s a step-by-step guide on how to get a potential Taiko ($TKO) token airdrop:
Taiko is building a decentralized and Ethereum-equivalent (Type 1) ZK-EVM. Taiko’s goal is to scale Ethereum in a manner that emulates it as closely as possible – both technologically and ideologically. They have raised $22 million across two funding rounds and launched their latest testnet (Alpha-3) in their mission to build a decentralized and Ethereum-equivalent (Type 1) ZK-EVM.
The Taiko alpha-3 testnet is the latest update and is a significant milestone on the journey towards a decentralized, Ethereum-equivalent ZK-EVM. This testnet will be critical in testing much of the network design and components. It’s also known as Grímsvötn. The primary purpose of the alpha-3 test network is to evaluate the economic design and implementation of new protocols, including new fee/reward structures.
Technical Overview of Type-1 ZK-EVM
Ethereum-equivalent ZK-Rollups, also known as ZK-EVMs, are the ideal layer-2 scaling solution as they do not sacrifice security or compatibility. Taiko aims to be a type-1 ZK-EVM, putting perfect EVM/Ethereum equivalence over ZK proof generation speed.
The various types of ZK-EVMs can be distinguished by how closely they adhere to Ethereum’s architecture at the base layer, such as the Merkle Patricia Tree for the state trees, the execution client specification, and the gas costs for each opcode.
These ZK-EVMs make compromises between compatibility and proof generation cost, with Type 1 ZK-EVMs prioritizing compatibility over cost. This type is also known as “Ethereum-equivalent” because it does not alter any aspect of the Ethereum architecture, including the hash function, state trees, and gas costs. This allows existing execution clients to be reused with minimal modifications.
Who is the Team behind Taiko?
Taiko Labs is co-founded by Daniel Wang, the founder and former CEO of Loopring — an EVM DEX protocol powered and scaled by zero-knowledge proof technology. In July 2022, Wang brought in Brecht Devos, his former Chief Architect at Loopring, to lead the project’s zero-knowledge research and development team. As of now, the company has more than twenty people across thirteen countries with most people having an engineering and cryptography background.
Does Taiko have a Token?
Yes, Taiko Labs confirmed it in their white paper that they will have a Taiko Token ($TKO). The protocol mints $TKO to reward block verifiers. The token is transparent to L2 users, providing a seamless user experience equivalent to that on the Ethereum chain.
Users will pay transaction fees in ETH, and block proposers will receive these fees for each block they successfully propose. In return, block proposers must burn a certain amount of $TKO to participate in the protocol, and pay ETH to Ethereum validators for block inclusion in L1 blocks.
Taiko launched their Alpha-1 Testnet in late December 2022. It consists of two networks: Taiko A1, a fully decentralized Ethereum-equivalent ZK-Rollup, and Ethereum A1, the latter serving as the L1 network. The testnet includes L1 and L2 nodes with the Taiko protocol contracts deployed and a mining interval of 12 seconds. In their user document, Taiko has a guide for what users can do in the testnet, which strongly hints at a potential airdrop strategy.
On 22nd May 2024, Taiko ($TKO) launched its Phase 1 airdrop, with 5% of the initial token supply up for grabs!
The best way to receive $TKO airdrop is to bridge tokens between Ethereum A1 and Taiko A1, deploy smart contracts, and run a node. Completing these steps puts you in a great position to be eligible for an airdrop. Here’s a step-by-step guide:
You can automatically add Taiko A1 and Ethereum A2 to your MetaMask at their wallet configuration page. If it doesn’t work, you can instead manually add the networks at their RPC configuration page.
Claim Faucet Tokens
After adding the network to your MetaMask, you will need testnet tokens to interact with their protocol. Go to l1faucet.a1.taiko.xyz for Ethereum A1 ETH, and l2faucet.a1.taiko.xyz for Taiko A1 ETH. You will need to make a Tweet and put your wallet address in the post. Copy your Tweet’s link and paste on the request box as shown in the image below. This is to prevent bots from abusing the faucet.
Bridge Testnet Tokens
Now you can use the bridge to transfer assets between Ethereum A1 and Taiko A1. As a prerequisite, you will need some testnet ETH on either A1 networks. Some transfers may take a while, but you can check your transactions in their bridge contracts.
Deploy a Smart Contract to Taiko A1
You will need to install Foundry to deploy a smart contract on Taiko A1. You only need to have the private key to an account that has some ETH on Taiko A1 to pay the small transaction fee for deploying the contract. It should only take about 15 minutes. Taiko has a complete guide on this here.
Run a Node on Taiko
According to the team, this is the most important part of the testnet, as Taiko is a community-driven protocol. This step alone has the highest chance to get you qualified for a potential airdrop. The complete guide is on their user document. But if you are still confused, a contributor on their Discord channel posted a detailed guide on setting up a node for windows.
Add these 2 token contract addresses to your wallet: Bull Token — 0x6048e5ca54c021D39Cd33b63A44980132bcFA66d and Horse Token — 0xCea5BFE9542eDf828Ebc2ed054CA688f0224796f.
Transfer tokens from Sepolia to Taiko A2. To do this, go to the “Bridge” tab, choose the Sepolia Network, and choose your token type and amount. Then, click on “Bridge”. Remember to also transfer the $HORSE and $BLL tokens!
Transfer tokens from Taiko A2 to Sepolia. This is basically the same steps as point 5 above.
How to Receive Potential $TKO Airdrop for Taiko Alpha-3 Testnet
Here’s how to potentially receive an airdrop in Taiko’s Alpha-3 Testnet:
Connect your wallet to the Taiko Faucet and mint 50 Bull ($BLL) and 50 Horse ($HORSE) tokens. If you don’t see these tokens in your Metamask it may be because you have not added the token address. Click “Import tokens” on your Metamask and input the token details.
Go to Taiko Bridge and bridge $ETH, $BLL and $HORSE from the Sepolia to Taiko network. You may need to increase the gas in order to avoid the transaction failing.
Claim your transfer by going to the Transaction page and clicking “Claim”. Then, confirm the transaction on Metamask.
Complete tasks on Taiko’s Galxe page. Tasks include answering their quizzes, bridging and swapping funds.
Taiko Quiz Answers
Here are the answers for the Taiko Quizzes on their Galxe page:
Taiko is currently running Season 1 of their Trailblazers campaign which will end on 16th September 2024. As Taiko has launched its mainnet, you would usually need to use real funds to complete the tasks for the potential airdrop. However, with our EXCLUSIVE tips and tricks, you can farm the Taiko airdrop for FREE! Here’s how to farm the Taiko potential airdrop for free:
Play Crack & Stack. Crack & Stack is a PvP game that rewards you in ETH for mining as quickly as possible and avoiding the goblins. You have 10 free games per day.
With your earned ETH, transact on platforms such as World of Dypians and 0xAstra.
Transact on World of Dypians by claiming the free boxes.
Transact on 0xAstra by collecting daily logins.
You can also use the ETH earned in Crack & Stack to cover any transaction fees on Taiko mainnet. This way, you will not need to bridge your ETH to Taiko or deposit real funds to the platform.
TIP: On Crack & Stack, the objective is to mine as fast as you can. However, do not be greedy until you have around 20 seconds on the timer as you want as much movement speed as you can. Your inventory space will start flashing yellow so your movement speed will be a little bit slower, but not slow enough for people to kill you. It also does not matter if you die in the game because you will still earn ETH on your wallet.
Taiko token airdrop eligibility criteria?
Taiko proposers, provers, bridgers, users (including Galxe users) and developers are eligible for the Taiko token airdrop. GitHub contributors and Loopring community members that meet the specified conditions are also eligible. Note however the activities are weighted and a score is assigned to them. You will only be eligible if you meet the minimum score and any conditions set by the Taiko team.
How to check your eligibility for the Taiko token airdrop?
Here’s how to check your eligibility for the Taiko token airdrop:
Connect your wallet (e.g. MetaMask) and GitHub account, if any.
Bind your wallet and GitHub account.
Note that users have 7 days i.e. until 30th May 2024 to check their eligibility. Once the claim window is open, eligible users will have 1 month to claim their TKO tokens.
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: Taiko has a guide for what users can do to interact with their testnet, which strongly hints at a potential airdrop strategy.
Airdropped Token Allocation: Taiko confirmed they will have a token known as $TKO, but the tokenomics are unknown.
Airdrop Difficulty: The latest Taiko Alpha-3 Testnet only requires you to use testnet funds to bridge, which is relatively simple. Deploying a smart contract and running a node on Taiko however, may need a bit more technical knowledge.
Zero-knowledge rollups (ZK-rollups) could be one of the strongest performing sectors in 2023, as demand for Ethereum scaling solutions is increasing. As such, Scroll is another highly anticipated ZK-rollup project that has recently hinted at a token airdrop. On 3rd July 2024, Scroll completed the Curie upgrade to its mainnet. As the potential for ZK-rollups is massive this year, this is a good opportunity for you to earn free airdrop rewards.
If you are interested in other trending ZK-rollup projects, zkSync and StarkNet should definitely be on your watchlist.
Scroll Airdrop Step-by-step Guide
Here’s how to position yourself for a potential Scroll airdrop:
Add Scroll Alpha Testnet to MetaMask
Claim Goerli ETH from Goerli Faucet
Bridge Goerli ETH to Scroll L2
Bridge Scroll L2 to Goerli
Send ETH to another wallet using MetaMask
Interact with Scroll Ecosystem
Use Scroll Alpha on Aave
Use Scroll Alpha network on SyncSwap
Interact with Izumi Finance
Perform swaps and add liquidity using Symbiosis
Get Scroll Guild roles
Collect the Scroll Origins NFT
See below for more in-depth details!
What is Scroll?
Scroll is developing a ZK-rollup that is fully compatible with the Ethereum Virtual Machine (EVM). Their proving system supports the direct verification of an Ethereum block with a single, concise proof. This means much faster Ethereum transaction finality and less gas fees.
How Does Their ZK-Rollup Work?
The concept involves verifying the accuracy and completeness of each operation code in the EVM execution trace. As a result, layer-1 smart contracts can be easily transferred to Scroll. Instead of incorporating new ZK-specific features, they will take a different approach by supporting the native EVM with tailored optimizations. This gives them a significant advantage as they can work seamlessly with all existing Ethereum systems without the need for any modifications.
Layer-2 Proof Outsourcing
Scroll also aims to establish and standardize the outsourcing of layer-2 proofs, which streamlines rollup processes. They have created a strong outsourcing system that motivates rollers to produce zero-knowledge proofs for them. They will standardize this approach to accommodate a wider range of off-chain computations. This will create a new proof market.
Another benefit for developers is that they can deploy complex contracts on Scroll without worrying about gas limits. This opens up many new possibilities for off-chain applications with on-chain proofs.
Key Takeaway of Scroll’s Proof System
Based on the two points mentioned above, Scroll is a hierarchical zero-knowledge proof system. The first layer will be optimized for prover efficiency, utilizing custom circuit optimization and hardware-friendly proving algorithms. The second layer will be optimized for verifier efficiency, featuring succinct proofs and verification algorithms that are compatible with the Ethereum Virtual Machine (EVM).
This proof system has the potential to support larger programs than the EVM and offer additional features such as privacy, surpassing the capabilities of existing solutions.
Who is the Team behind Scroll?
Scroll is co-founded by Sandy Peng, Ye Zhang, and Haichen Shen. Peng has rich experience in business development, project strategy and data curation. On the other hand, Zhang and Shen are experts in computer science, open-source protocol engineering, and cryptography. Shen, in particular, previously worked for Amazon as a senior applied scientist on AI compilers.
In April 2022, Scroll successfully raised $30 million in a Series A funding round led by Polychain Capital and Bain Capital Crypto, with participation from Robot Ventures and Geometry DAO. As of now, their team has at least 20 people across the globe who are experts in zero-knowledge cryptography and distributed systems on blockchain technology.
Does Scroll have a Token?
Scroll does not have a token yet. According to their roadmap published on Discord, they mentioned that they are creating an incentive mechanism to encourage participation in the network. They also have a Scroll Marks system which rewards participation and engagement in the Scroll ecosystem. This strongly indicates that there will be a token coming soon, and airdrops will be rewarded for early users.
How to Get the Potential Scroll Token Airdrop?
Here is our step-by-step guide on how to get the potential Scroll token airdrop
Add the Scroll Alpha Testnet to Metamask- the network configuration details are here. If you have added the Pre-Alpha Testnet network before, you will need to remove it from your MetaMask before proceeding. Afterwards, reset MetaMask for Scroll’s L2.
Claim Goerli ETH from Goerli Faucet
In case you haven’t added the Goerli network to your MetaMask, you can do it via ChainList.
Now, you will need Goerli ETH on your wallet. Request them at any Goerli faucets such as Alchemy or Goerli PoW.
Bridge Goerli ETH to Scroll L2
Use the Scroll Bridge to transfer testnet ETH tokens from Goerli Testnet to Scroll Alpha Testnet. The transaction will take around 10-15 minutes.
While on the Scroll Alpha Testnet network, you can also do the reverse of step no.3 i.e. bridge your testnet ETH tokens back to the Goerli Testnet.
Send ETH to another wallet using MetaMask
Send ETH from one wallet to another on the Scroll Network using Metamask.
Interact with Scroll Ecosystem
Scroll has a large ecosystem of projects. Interacting with them generates on-chain evidence that can help you qualify for a potential airdrop. Some examples include Aave, Syncswap, Izumi Finance and Symbiosis (see below). Here’s a list of the Scroll ecosystem projects.
Use Scroll Alpha on Aave
Connect your wallet to Aave, then click the settings button on top right hand corner and turn on Testnet Mode. Then, click the down arrow on the left hand side and choose “Scroll Alpha” for the Aave Testnet Market. Finally, supply and borrow some tokens such as ETH, DAI, USDC and USDT.
Use Scroll Alpha network on SyncSwap
Connect your wallet to SyncSwap and choose the Scroll Alpha network on the top right hand side. Click on “Faucet” and “Claim now” to get testnet tokens. Note you will need ETH to cover gas fees. Perform some swaps on the “Trade” tab, add liquidity to some pools on the “Pool” tab and remove part of the liquidity.
SyncSwap may also be doing its own $SYNC token airdrop! Learn more here!
Interact with Izumi Finance
Connect your wallet to Izumi Finance. On the “Swap” tab, swap between tokens such as ETH, USDT, WETH, USDC and IZI. Then, go to the “Pro” tab to access their exchange. On the exchange, make some limit orders. Finally, click on “Liquidity” and add liquidity.
Perform swaps and add liquidity using Symbiosis
Perform swaps on Symbiosis exchange. Also add liquidity to their Liquidity Pools. Remember to do this with Scroll tokens only! You can tell which tokens are Scroll tokens since they will have the 📜 emoji on them.
Get Scroll Guild roles
Go to the Scroll Guild Page. Connect your wallet, Discord and Twitter accounts. Complete the tasks to earn guild roles.
Collect the Scroll Origins NFT
Scroll Origins is an NFT mint launched by Scroll to celebrate their earliest builders. To be eligible, you must deploy a smart contract to Scroll Mainnet within 60 days of 10th October 2023 at 6:00am GMT. Then, you will be eligible for 1 of 3 NFTs based on the deployment date (before 9th and 24th November, and 9th December 2023 respectively). Your NFT will be a better rank if you deploy earlier! The Scroll Origins NFT can be claimed on the Scroll website from 15th December 2023 onwards.
To deploy a smart contract to the Scroll Mainnet and be eligible for the Scroll Origins NFT, you must first bridge funds from Ethereum Mainnet to Scroll mainnet here (this is for gas fees when deploying the smart contract). Then, create your own token by going here and selecting the “ERC-20” tab. Choose a name and ticker symbol for your token. Under “Features”, select “Mintable” and at “Access Control” select “Ownable”. Then, click “Open in Remix” on the upper right-hand corner. On the new window, click on “Solidity Compiler” (the two arrows button on the left sidebar) and see if there is a green tick next to it. Afterwards, click the blue “Compile contract” button and the “Deploy and run transactions” button (this is the button showing the Ethereum logo with an arrow). Under “Environment” click on the drop-down menu and select” Injected provider-MetaMask”. Your MetaMask wallet will then pop up, log in and make sure you are on the Scroll Mainnet. Back on the webpage, paste your wallet address next to the “Deploy” button and click. Confirm the transaction when prompted to on MetaMask.
To check you have correctly deployed the smart contract, go to https://scroll.io/developer-nft/check-eligibility and check your eligibility for the NFT. If you are eligible, you will be told so and asked to come back on 15th December 2023 to claim it.
Here are the 3 Scroll Origin NFTs you can expect to get based on the smart contract deployment date: (1) Quintic: Before 9th November; (2) Quartic: Before 24th November; and (3) Cubic: Before 9th December.
Participate in Scroll’s Session Zero
To participate and be eligible for Scroll’s Session Zero, bridge $ETH or $wstETH via Scroll’s native bridge or STONE Bridge using LayerZero to Scroll. You will earn Scroll Marks for holding specified assets on Scroll. Those who have spent more than US$5 on gas on Scroll from 10th October 2023 to 29th April 2024 at 12:00pm UTC will also be eligible for Scroll Marks.
Participate in Scroll’s Session One
In Sroll Session One, participants earn Scroll Marks for depositing assets into specific DEX liquidity pools. For now, depositing into the ETH/USDC pool using the Scroll network on Ambient Finance and depositing into the pools on Nuri will make you eligible to earn Scroll Marks. Other eligible protocols for Scroll’s Session One include Izumi Finance, Syncswap, Oku Trade, Unisswap and Zebra. You will earn more Scroll Marks for liquidity deposits with tighter rangers or more market depth. Scroll has suggested you could get Scroll Marks faster by, for example, choosing LP positions that are more concentrated around the actual price. Also, LP positions with higher volatility such as ETH-USDC would accrue Scroll Marks faster than low/no volatility positions such as USDC/USDT.
Mint a Scroll Canvas
Scroll Canvas is a way to display your onchain credentials, status and achievements across the Scroll ecosystem. To mint a Scroll Canvas, connect your wallet to Scroll Canvas. Minting a Scroll Canvas requires a mint fee of 0.001 ETH, however you can enter our invite code TRQI1 to get 50% off the mint fee! Afterwards, choose your username and click “Mint my Canvas”.
Earn Scroll Badges
After you have minted your Scroll Canvas, click “Mint eligible badges” to collect the Scroll Badges you are already eligible to mint. To earn other Scroll Badges, click the “Badges” tab and then “Explore badges” for a list of other badges you can earn and their eligibility criteria. Here are some of the easiest Scroll Badges to earn: Ethereum Year Badge (At least 1 year old wallet), Scroll Origins NFT Badge (own Scroll Origins NFT), AlienSwap Badge (interact with AlienSwap), Pudgy Penguin Badge (Own a Pudgy Penguin NFT) and Unique Humanity Score Badge (have a Passport XYZ score of over 20).
Scroll Badges List: Which is the easiest or most difficult?
Scroll Badges are Badges you can earn by completing various tasks on the Scroll ecosystem. These Scroll Badges may play an important role in a potential Scroll token airdrop. Here is a list of the Scroll Badges you can earn ranked in order of difficulty from easiest to hardest:
Ethereum year badge: Free, shows off the year your wallet debuted on Ethereum
Scroll on Highlight commemorative mint badge: Free, go to the mint page and click “Mint now”.
XHS holder: Free, go to XHS and click “Genesis”, join their Discord and connect your Twitter.
Gitcoin Passport: Free, complete proof of humanity and get at least 20 points (level 1).
Trusta Labs Proof of Humanity: Free, complete and mint your proof of humanity on Linea Chain.
Omnihub: 0.000005 ETH, create one NFT collection through OmniHub to Scroll network.
XHS booster: 0.002 ETH, Go to XName and register a .scroll name.
ZNS domain badge: 0.002 ETH, register your ZNS domain name.
Scrolly: 50,000 $SCROLLY, go to Scrolly Name Service and mint a .scrolly domain name.
Symbiosis Swapper: US$10, do a minimum of $10 worth of swaps on Scroll
Symbiosis Beginner: US$10, bridge a minimum of $10 through Symbiosis to Scroll
Symbiosis Professional: US$100, bridge a minimum of $100 through Symbiosis to Scroll
Scroll Retro-Bridger: US$150, bridge 0.05 ETH or US$150 worth of stables via RetroBridge to Scroll.
Ambient Swapoor: US$500, make 1 or more single swaps on Ambient Finance for $500.
Symbiosis Whale: US$500, bridge a minimum of $500 through Symbiosis to Scroll
Ambient Filoor: US$500, have 1 or more filled limit orders on Ambient Finance valued over US$500.
Zebra: US$1,000, swap over US$500 and provide liquidity of over US$1,000.
Ambient Providoor: US1,000, make at least 1 LP positions on Ambient Finance valued over US$1,000.
Pencils P: 0.1 ETH, stake at least 0.1 ETH for a minimum of 28 consecutive days
Pencils S: 0.5 ETH, stake at least 0.5 ETH for a minimum of 28 consecutive days
Ambient Yeet: US$50,000, provide liquidity of over a “sizable amount” (rumoured to be US$50,000) in a single position on Ambient.
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: Scroll has hinted they will create an “incentive network” to encourage participation on Scroll. They currently have a campaign where users can collect Scroll Badges which many speculate would position you for a potential airdrop.
Airdropped Token Allocation: Scroll has not given any information on its token yet.
Airdrop Difficulty: Scroll has not yet released details about its airdrop. However, there is a Scroll Badge campaign which many believe may lead to a potential airdrop.
Token Utility: Scroll has not given any information on its token yet.
Token Lockup: Scroll has not given any information on its token yet.
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 $ZRO to claim the token
Tensor is a Solana-based NFT marketplace that offers a unique fee structure to its users, similar to Blur on Ethereum. The Season 3 airdrop has ended and Tensor ($TNSR) tokens are available to claim. This is our Tensor ($TNSR) token airdrop guide.
Tensor Airdrop Step-by-step Guide
Here’s how to receive a potential Tensor token airdrop:
Bidding, listing, and market-making on more popular NFT collections.
Bidding and listing closer to the floor price.
Keeping your bids and listings active as long as possible.
Tensor is an NFT marketplace on Solana that provides better coverage, more data, and advanced order types. With a 1% taker fee and no maker fee, users can create listing, bidding, and market-making orders without incurring any charges.
Moreover, Tensor pays full royalties on specific collections, while applying a 0% royalty rate on others. When purchasing a listed item or instantly selling to a bid, users pay the enforced royalties during the checkout process. It’s important to note that Tensor may adjust its fees and royalties in the future.
Does Tensor have a Token?
The Tensor ($TNSR) token is their governance token. It is used by the community to manage key parameters of the Tensor Protocols. Tensor token holders are also entitled to discounts when trading on Tensor’s protocols. Listings created in $TNSR also have a 25% reduction in protocol fee. As for their tokenomics, the team have confirmed in their FAQs that 12.5% of the Tensor token supply will be distributed in an initial airdrop.
How to Claim Season 3 Airdrop
Connect your wallet to the Tensor airdrop claim pageHERE. Your airdrop allocation will automatically be displayed on the page. The airdrop claim will be available until 5th October 2024. The Treasure Boxes have also all been opened and the $TNSR released.
How to Qualify for the Tensor Season 2 Airdrop?
To qualify for the Tensor Season 2 airdrop, there are three criteria: bidding, listing, and market-making. These three activities must be done on TensorSwap only, and you can earn more points by doing the following:
Bidding, listing, and market-making on more popular NFT collections.
Bidding and listing closer to the floor price.
Keeping your bids and listings active as long as possible.
Market-making is perhaps the easiest of the three options, as any bid that is accepted will be automatically converted into a listing, and any listing that is accepted will be automatically converted into a bid. As an added bonus, you can earn fees in the process!
But if you are bidding and listing on TensorSwap and they are taken, it will stop earning points. Additionally, it is important to note that the following actions won’t earn you any points:
Bidding and listing too far away from the floor price.
Bidding and listing on obscure NFT collections.
Wash trading (buying and selling NFTs to themselves).
Tensor season 3 airdrop eligibility criteria
Tensor season 3 airdrop participants will be distributed Treasure Boxes. These Treasure Boxes contain an amount of Tensor ($TSNR) tokens proportional to the users’ use of Tensor’s protocols.
How to get the Tensor ($TNSR) season 4 airdrop
How to get the Tensor ($TNSR) season 4 token airdrop
Bid
Connect your Solana wallet (e.g. Phantom wallet) to https://www.tensor.trade/. Find an NFT collection you would be interested in and click. Choose the NFT you wish to buy or bid. As you may earn more points for more trades, it is recommended to so several trades.
Sell NFTs
To list NFTs on Tensor, go to the “Sell” tab. You have the option to choose “Sell now,” which allows you to immediately sell any NFTs you own for SOL if there is an open collection-wide bid. To quick sell, hover over the NFT and click “sell”, then confirm the transaction. Another option is the bulk sell mode. To bulk sell, use the slider or click on the NFTs to select which ones you wish to sell. Click on the “Sell” button which will also show you your total sell proceeds, and confirm the transaction.
List NFTs
Listing NFTs on Tensor has 2 main benefits. First, the total fees are capped at 1.4% taker fee plus royalties if enforced. Secondly, you can sell on Bonding Curves. This means you can sell the 1st NFT for X SOL, the 2nd NFT for X + Y SOL, and the 3rd NFT for X+2Y SOL etc. This allows you to receive more for your NFTs as the price increases automatically.
To list on Tensor, click on the “List” tab. Set the number of NFTs you would like to list for sale, you can choose between listing in bulk by using the slider or select each NFT individually from the gallery. Then, specify the starting price i.e. the price you want to sell your 1st NFT for. You can then specify the “increase by” or “delta”, which is the amount of price increase after each NFT purchase. For example, if you set the starting price for the NFT at 4.5 SOL and specified an increase of 0.5 SOL, the first NFT sale will occur at 4.5 SOL, the second at 5.0 SOL, the third at 5.5 SOL, and so on until all the NFTs have been sold. Before signing the transaction, the system will display the exact amount of SOL you would receive if you were able to sell all the NFTs you are listing.
Market-make
To market-make on Tensor, toggle to Pro Mode at the bottom of the TensorSwap interface. Then, click on the “Trade” tab on the top left hand corner, then go to the “Market-make” tab. Set the maximum number of NFTs you want to buy initially and deposit enough SOL to cover this purchase. Select the NFTs from your wallet that you are willing to sell and set the starting price. The starting price is the price you intend to start selling your first NFT and will be the benchmark for subsequent price changes. Set the price change mechanism, i.e. the amount of price change (in SOL or %) after each buy or sell transaction. Next, set the desired fee, this is the fee percentage you wish to earn from the spread between the buy and sell prices. Check the summary to see the amount of SOL needed for buying NFTs and your potential earnings from selling your NFTs. Finally, sign the transaction in your wallet and send your market-making order to star trading.
Note, be aware of impermanent loss and do not deposit rare NFTs into market-making orders.
Use price lock
Tensor’s price lock feature allows users to “lock-in” a buy or sell price for 7 days. With price locks, you can either be the taker (i.e. to buy the price lock) or a maker (i.e. to fund the price lock).
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: Tensor has confirmed a Season 2 airdrop and is now live.
Airdropped Token Allocation: 12.5% of the Tensor token supply will be distributed in an initial airdrop.
Airdrop Difficulty: It is recommended to position yourself for this airdrop only if you have experience trading Solana NFTs. This is because you will be trading with real NFTs and funds.
Token Utility: The Tensor team has not yet published details of the token’s utilities. But it is likely to be similar to Blur, used for governance of the marketplace.
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.
Celestia is one of the hottest modular blockchain projects in 2023. Their first airdrop, known as the Genesis Drop, is currently LIVE! And their tokenomics suggests that there are more airdrops to come! In this article, we will explain what Celestia is and how to position yourself for their $TIA token airdrop.
Celestia Airdrop Step-by-Step Guide
Here’s a step-by-step guide on how to get a potential Celestia token airdrop:
Celestia is a modular blockchain network that simplifies the process of deploying a blockchain. They achieve this by separating the consensus and application execution layer. In essence, Celestia provides a pluggable consensus layer, which is usually the hardest part of deploying a blockchain because of the massive computational overhead it requires. As a result, users can focus on deploying execution layers and building decentralized applications (DApps) with this feature.
How is it Different from Traditional Blockchains?
Celestia scales differently compared to traditional blockchains like Ethereum. Traditional blockchains have a monolithic architecture where all nodes perform execution, consensus, and data availability. These nodes, responsible for storing the entire blockchain history, become more costly to operate as the blockchain data grows over time.
On the other hand, Celestia has a modular architecture where the consensus and data availability layers are separated from the execution layer. This decoupling allows nodes to execute specific transactions, rather than all transactions, resulting in increased scalability.
Additionally, Celestia uses novel Data Availability Sampling (DAS) technology, which enables light nodes to prove consensus without downloading the entire blockchain and retaining security, thus allowing for bigger blocks and a larger number of transactions, resulting in further scalability improvement.
Who is the Team behind Celestia?
Celestia was co-founded in 2019 by Mustafa Al-Bassam (CEO), Ismail Khoffi (CTO), and John Adler (CRO). They have a large team of blockchain veterans who worked for large Web3 projects and organizations such as Ethereum, ConsenSys, Cosmos, Harmony, and Chainspace. In October 2022, Celestia successfully raised $55 million in a combined Series A and B round led by Bain Capital Crypto and Polychain Capital, putting the company’s valuation at $1 billion.
Does Celestia have a Token?
Yes, Celestia has its $TIA token that will be used to secure the network via proof-of-stake and pay transaction fees on the network. Additionally, the token will have a fee burn mechanism similar to EIP-1559 in Ethereum, so that burned fees will offset new token issuance as the network gains adoption. According to their documentation, 7.4% will be allocated to the public during their Genesis Drop & Incentivized Testnet, which is currently ongoing. 12.6% however will be allocated towards Future Initiatives which suggests they may do more airdrops in the future!
How to Receive Potential Celestia $TIA Token Airdrop?
The best chance to receive Celestia airdrop is to run a node on their testnet, similar to Aptos node validators. There are currently two testnets that are live: Arabica Devnet (for developers) and Mocha Testnet (for validators). According to their roadmap, we are approaching the “2023 Incentivized Testnet” phase on the road map, just before the mainnet launch. However, the incentivized testnet is not the same as the two live testnets. But it is worth a shot to try and set up a node as it could potentially include us in the snapshot. Here’s how to set up a node and get a potential Celestia token airdrop:
Set up a development environment. Set up your development environment to run any Celestia software, which can be used for development, building binaries, and running nodes. Go to docs.celestia.org/nodes/environment for the complete guide.
Install Celestia Node. Install the Celestia Node to be compatible with either the Mocha Testnet or Arabica Devnet. It is also another prerequisite before you can run a node. Go to docs.celestia.org/nodes/celestia-node for the complete guide.
Install Docker. Docker is an open platform for developing, shipping, and running applications. You will need to run Celestia Node using Docker. Go to docs.celestia.org/nodes/docker-images for instructions.
Install Celestia App. This is the last step of the prerequisites before running a node. You will need to install the Celestia App, which is a binary file that will be used to run the node. Go to docs.celestia.org/nodes/celestia-app for the steps.
Set up and run a node on the Celestia network. There are several options for you to choose. If you are a beginner, we highly recommend getting started with running a Data-Availability Light Node.
Consensus: Validator Node: This type of node participates in consensus by producing and voting on blocks. Consensus Full Node: A Celestia-App Full Node to sync blockchain history. Data Availability: Bridge Node: This node bridges blocks between the Data-Availability network and the Consensus network. Full Storage Node: This node stores all the data but does not connect to Consensus. Light Node: Light clients conduct data availability sampling on the Data Availability network.
What are the eligibility criteria for Celestia $TIA airdrop?
Research and public goods: These are public GitHub contributors to key protocol infrastructure, public goods, and ETH Research.
Early modular ecosystem: These are public GitHub contributors to rollups and key modular infrastructure.
Early adopters, Ethereum rollups: These are the top 50% of active users of the top 10 rollups by TVL on L2 Beat as of 20th April 2023 with a balance of $50 during the snapshot taken on 1st January 2023.
Stakers & IBC Relayers, Cosmos Hub & Osmosis: These are stakers with at least $75 and IBC relayers on Cosmos Hub and Osmosis based on a snapshot taken on 1st January 2023.
How do I claim Celestia airdrop?
Celestia airdrop can be claimed from now until 17th October 2023 at 12:00 UTC. Those who are eligible can claim their Celestia airdrop by adding their address to the Celestia genesis block at https://genesis.celestia.org/. Tokens will then be automatically sent to the wallet.
How to get a potential season 2 airdrop?
The Celestia Genesis Drop saw 7.4% of the $TIA token supply being airdropped to the public. Their documentation however, states that 12.6% will be allocated towards Future Initiatives which suggests they may do more airdrops in the future! Here’s how you can get a potential season 2 airdrop:
Donating on Gitcoin
Interacting with their protocol and ecosystem.
Where can I trade Celestia $TIA token?
Celestia $TIA token launched on 1st Novemeber 2023 and is available for trading (TIA/USDT trading pair) on the following exchanges: Bybit, Binance, OKX, Gate,io and Bitget. As at the time of writing, $TIA prices are up 22.2%!
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How to claim AltLayer airdrop for Celestia $TIA token stakers?
AltLayerannounced details of their Airdrop Season 1. A total of 300 million $ALT tokens (i.e. 3% of the total supply) will be airdropped. The snapshot was taken 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, 9.92% (i.e. 29.76 million) $ALT will be airdropped to Celestia Stakers.
However, due to technical issues, the AltLayer airdrop to $TIA stakers will only be available to claim at a later time. The AltLayer and Celestia teams are currently working together on an airdrop portal for TIA stakers. So stay tuned to AltLayer’s social media channels for further updates.
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: Celestia’s first airdrop, known as their Genesis Drop is currently live. And with 12.6% of their token supply being allocated towards Future Incentives, there’s a good chance there will be more airdrops to come!
Airdropped Token Allocation: 7.4% of the $TIA token supply will be allocated to the public during their ongoing Genesis Drop & Incentivized Testnet. 12.6% however will be allocated towards Future Initiatives which suggests they may do more airdrops in the future!
Airdrop Difficulty: Since it is very likely that running a node can qualify you for an airdrop, the steps involved are quite technical and difficult.
Token Utility: The token will be used to secure the network via proof-of-stake and pay transaction fees on the network.
Token Lockup: $TIA tokens which will be distributed under the public allocation will be fully unlocked at launch.