Boxmining v2

Category: Airdrops

Blockchain projects frequently rely on crypto airdrops to raise awareness, grow their community, and increase the value of their products. After all, the survival of a project depends on its ability to attract and grow its user base. Users, of course, have nothing to complain about. After all, who doesn’t love free stuff? People have made as much as US$10,000 from crypto airdrops, all without putting in a single cent. We have compiled a list of the top cryptocurrency airdrops and evaluated them.

  • Blur Airdrop Guide: How to Get Season 3 Rewards?

    Blur Airdrop Guide: How to Get Season 3 Rewards?

    Blur ($BLUR) refers to itself as the “Fastest NFT Marketplace”. Recently they completed the first season of 3 airdrops- known as “Care Packages”. Meanwhile, Blur has announced they will distribute over 300 million $BLUR in Season 2, and all listing and loyalty points will be doubled until 1 May 2023. Blur’s Season 2 airdrop has already closed with over 300 million BLUR being distributed. Blur however, have confirmed they will be doing a Season 3 airdrop in May 2024. So in this article, we give strategic ways to increase listing points with the lowest investment possible.

    Learn more about this revolutionary NFT marketplace: What is Blur NFT Marketplace?

    Blur Airdrop Step-by-step Guide

    Blur has announced its season 3 airdrop. This time, Blur Season 3 airdrop will be powered by Blast, a new layer 2 with native yield. The airdrop will end in May 2024 with 50% being distributed to the community based on their Blur Points and 50% based on their Holder Points Here’s how to maximize your Blur season 3 airdrop:

    1. Keep bids listed for a longer duration to get more Bidding Points.
    2. Listing blue chip and active collections for more Listing Points.
    3. Make Loan Offers with higher Max Borrow and Lower APY for maximum Lending Points.
    4. Bid, list and lend more to get onto the 24 hour leaderboard.
    5. Maximise your Blur Loyalty Points by actively listing blue chips and active collections exclusively on Blur.
    6. Deposit $BLUR and keep maintain the deposit for Holder Points.

    See below for more details

    What is Blur?

    Blur ($BLUR) is a decentralized NFT marketplace. They adopt an original strategy where users who support creator royalties will be rewarded with more tokens. The Blur team is anonymous, although they claim to have experience from Square, MIT, Brex, Five Rings, and Y Combinator. Blur aims to stand out as an NFT Marketplace with these unique features:

    • Sweep across multiple marketplaces;
    • fast access to NFT reveals. Blur lets users snipe NFTs before it even hits the major NFT market analytics sites and aggregators, and
    • improved user experience (UX) and interface.

    So far, Blur has raised over 11 million in its Seed Round led by Paradigm.

    $BLUR Tokenomics

    $BLUR’s max supply is capped at 3 billion tokens (Source: TokenUnlocks). 51% of it goes to the community treasury, 29% to core contributors, 19% to investors, and 1% to advisors. Currently, only 360 million $BLUR are unlocked and in circulation, meaning 88% of tokens are locked.

    There will be a linear unlock of 1.2 million $BLUR per day distributed to the community treasury. And the next cliff unlocks will be on 15th June 2023, unlocking 196 million $BLUR to all holders.

    Does Blur have an airdrop?

    There will be a Blur airdrop Season 2. Season 1 had 3 rounds of airdrops. Blur’s Airdrop 3, the largest and final airdrop of Season 1 distributed 1-2x more $BLUR to participants compared to Airdrop 2 and ended on 14th February 2023. Blur has confirmed that over 300m tokens will be distributed in Season 2.

    How to claim Blur Season 1 airdrop?

    Here’s how to claim your Blur season 1 airdrop:

    • Go to their website and connect your wallet.
    • Click on the “Airdrop” tab to see how many Care Packages you have earned.
    • Claim your Care Package by clicking “Reveal Care Packages”.
    • Then, to claim your $BLUR, click “Continue to BLUR”, “Open care packages for $BLUR”, “Next” and then “Open for $BLUR”.
    • You will then be asked to Tweet to claim $BLUR, do this and then click “Verify Tweet”.
    • Connect your wallet (e.g. MetaMask) to claim $BLUR and certify that you are not a US person. You may be required to manually add the $BLUR token contract to your MetaMask in order to see your $BLUR holdings.
    • Confirm the transaction on your wallet.

    Blur Season 3 airdrop strategy guide

    Blur has confirmed that Season 3 will be powered by Blast, their new layer 2 with native yield backed by investors such as Paradigm, Standard Crypto, and eGirl Capital. Season 3 will last for 6 months and will end in May 2024. In this airdrop, 50% of the airdrop will be distributed to the Blur community based on their Blur Points. Meanwhile the remaining 50% of the airdrop tokens will be distributed based on their Holder Points.

    How to get Blur Points?

    In Season 3, Bidding and Listing Points will be available on all collections at the same rate. So, there will no longer be any NFT collections that offer 2x boosts on points. You can earn Blur points by bidding, listing and lending on the Blur.io platform. Lending however, is only available on certain supported collections. In addition, Lending Points are also only emitted at half the rate of Bidding and Listing Points.

    Blur however have kept their rolling 24 leaderboard. Those who get onto the leaderboard and further rewarded with different boosts of up to 2.5x for the top 100 point earners in a 24 hour time period.

    How to maximize your Blur Bid Points

    • Bid Points are given to bids on collections based on its 24 hour volume.
    • Within a collection, the highest “risk” bids will earn the majority of points. For example, if the floor price of an NFT is 1.01, and there are 100 bids at 1 whilst your bid is at 0.99, you would not earn as many points. This is because there are 100 bids in front of you at a higher price. Whereas if you bid at 1.01, you are bidding more than others and taking the most “risk”. This in turn means you can earn more points to potentially get more $BLUR;
    • The longer your bid is active, the more points you will receive. You stop earning points when your bid is accepted. Meanwhile bids can be cancelled for free;
    • Users can reuse the ETH in their Bid Pool across different NFT collections. So, the strategy to get maximum points is to bid closest to the floor price across multiple active collections; and
    • The top 100 bidders within a 24-hour time period on Blur’s 24-hour leaderboard can receive up to 2.5x boosts.

    Maximize your Blur Listing Points

    Listing Points are awarded for listing NFTs on the platform. However, to prevent people gaming the system, Blur does not show how many Listing Points are award. Nevertheless, Blur have given some tips on how to maximize your Blur Listing Points:

    • List all your NFTs. This is because the more you list, the more you earn.
    • Listing blue chip and active collections are likely to help you earn more points.
    • If you don’t plan to sell your NFTs list them for a short time slightly above the floor price but at a price that is unlikely to sell. Delist them, then list again at a new floor price.
    • Use all of Blur’s listing tools e.g. listing by floor price, trait floor price, and ladder list.
    • Avoid “gaming” the system, e.g. by relisting NFTs at unrealistic prices, listing dead collections, and sybil attacking. The Blur team will do most of their on-chain analysis at the end of Season 3. Anyone who has been gaming the system will be retroactively filtered out and will not receive an airdrop.

    Maximise your Blur Lending Points on Blend

    Blend (short for Blur Lending) is a peer-to-peer perpetual lending protocol for NFTs. It allows NFT holders to borrow ETH against their NFTs without needing to sell them. Meanwhile, if you want to buy an NFT, you can buy now pay later. For example, you can buy a Punk with 8 ETH (instead of 50 ETH), and borrow the remaining 42 ETH. After making your purchase, you can take full ownership of your NFT anytime by repaying your borrowed amount. Or, you can list your NFT at any time and keep any profit when you sell.

    You earn Lending Points by making Loan Offers using ETH in your Blur Pool. This means you can earn both Bidding and Lending points at the same time!

    Here’s how you can maximise your Blur Lending Points:

    1. 2 factors determine how many points your Loan Offers receive: Max Borrow and APY. Max Borrow refers to the maximum amount of ETH someone can borrow using a single NFT. A higher Max Borrow gives you more points. APY represents the interest earned on a Loan Offer once it’s accepted. A lower APY is better. So, make Loan Offers with higher Max Borrow and Lower APY.
    2. Make multiple Loan Offers on the same NFT collection with different Max Borrows and APYs. You can earn points for all of these Loan Offers.
    3. You can reuse the ETH in your Blur Pool across collections, so go ahead and make multiple Loan Offers.
    4. Loan Offers must be kept open for at least 24 hours. If you close your offer before then, you will lose 250 points as a penalty.

    Maximise your Blur Loyalty Points

    Blur has said that Loyalty is the secret weapon for getting the most rewards for Blur Points in Season 3. At the end of Season 3, these points will be converted into Care Packages with different rarities. Those with 100% loyalty will have the highest chances of getting the higher-reward Mythical Care Packages 100x Uncommon Care Packages.

    Blur has suggested 3 ways to maximise your Loyalty Points:

    • List your NFTs only through Blur to maintain 100% loyalty.
    • Actively list blue chips and active collections while maintaining 100% loyalty.
    • Maintain 100% loyalty throughout Season 3 as Blur looks at average loyalty when determining your chances of getting Mythical Care Packages.
    • Gaming loyalty will result in a penalty e.g. transferring to and listing from other addresses or providing liquidity in AMMs for NFTs.
    Season 2 requires users to ONLY list on Blur in order to obtain 100% loyalty

    How to maximise Holder Points

    Holder Points counts for 50% of the Season 3 airdrop rewards. You can earn Holder Points every hour by depositing $BLUR. Your Holder Points multiplier starts at 1x and increases by 0.5x every month after your first deposit. Whilst Season 2 airdrop recipients start at a 2x multiplier. You can withdraw your deposit at any time, but your multiplier will decrease in proportion to the amount withdrawn until you are back at 1x multiplier.

    Blur Season 2 airdrop strategy guide

    Blur completed its Season 2 airdrop with over 300 million BLUR being distributed. In Season 2, Blur confirmed that the secret to maximising rewards in Season 2 was Loyalty.

    Blur has 3 types of points that count towards how many airdropped Care Packages you will receive and their rarity. These are Bid Points, Listing Points and Loyalty. Meanwhile, there are 3 rarities of Care Packages: Uncommon, Rare, Legendary, and Mythical. The rarer the Care Package, the more $BLUR tokens they contain. For example, Mythical Care Packages are worth 100x Uncommon Care Packages.

    Bid on NFT collections that offer 2x Points

    In Season 2, only certain NFT collections had double bidding and listing/lending points: Wrapped Cryptopunks, Azuki, Milady, DeGods, Beanz, BoredApeKennelClub, BoredApeYachtClub, CloneX, Doodles, Meebits, Moonbirds, MutantApeYachtClub, Otherdeed, PudgyPenguins. Meanwhile, Doodles, Meebits and Moonbirds offer 2x bidding and listing points. This list may change from time to time, so click on the “Points” tab here to see the latest list.

    Blur Airdrop strategy: How to turn 1-2 ETH into $85,000?

    Luke Cannon on Twitter shared how he turned 1-2 ETH into $85,000 by simply participating in Blur’s airdrops. Here are some of his tips:

    • $0 airdrop anchoring;
    • high volume/ low competition;
    • liquidity recycling patience; and
    • loyalty

    $0 airdrop anchoring. This is where you focus only on bidding on NFTs that you could profitably flip. For example, bidding on new mints or older projects that still maintain support.

    High volume/low competition. Find the relatively high volume, low competition, and long-term collections to bid on. Also, you can use the same ETH to bid on as many collections as possible.

    Liquidity recycling patience. Have conviction in the NFT collection that you own and do not sell your NFTs at a loss. And again, do not make bids unless they are profitable.

    Having 24/7 perfect loyalty will ensure maximum $BLUR airdrops.

    More Blur Airdrop Strategies: Trade like an NFT market maker?

    Many people use the strategy of placing as many bids on Blur as possible without having them accepted. However, Sugar Shane has another strategy, which according to him, is a more conservative strategy that could get you more points in the long term whilst minimizing losses. His strategy to maximising your Blur airdrop is to think of yourself as an NFT market maker.

    According to him, the goal of bidding on Blur should not be to avoid getting a bid or bidding and removing them quickly. This is because NFT markets move faster than you can remove a bid. Instead, the strategy when bidding on Blur is to get a good price on an NFT. Because in fact, you do want to have some successful bids. This is because there are some desperate sellers selling their valuable NFTs at low prices for liquidity. And if your bid is successful, holders should consider not rushing to sell their NFT. The reason for this is that if you allow time for the market to fill up, you may be able to sell that NFT for a profit.

    He reminds Blur bidders that market makers do not always aim for the top bid. Instead, they try to fill the order book at every level, and on both sides of the order book.

    Blur Airdrop Review

    When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

    Likelihood of Airdrop: Blur’s Season 3 airdrop is now LIVE.

    Airdropped Token Allocation: Blur’s Airdrop 2 gave a total of 10x more tokens than Airdrop 1. Airdrop 3 will be distributing 1-2x more tokens compared to Airdrop 2.

    Airdrop Difficulty: Blur’s airdrop is not difficult in terms of participation. Users simply connect their wallet to Blur and begin bidding on NFT collections. The point system rewards bids on NFT collections based on their 24-hour volume and gives airdrops accordingly. There are additional rewards for Loyalty to the Blur platform and depositing $BLUR.

    Token Utility: BLUR token is used for governance.

    Token Lockup: Season 3 airdrop will be distributed in May 2024.

    Frequently Asked Questions (FAQs)

    What is Blur crypto?

    Blur is at cryptocurrency project that provides users with a decentralized marketplace for trading NFTs. 

    When was the $BLUR token launched?

    They launched the $BLUR token on 14th February 2023.

    When is $BLUR airdrop season 3 live?

    Season 3 is live NOW and will end in May 2024.

    When can you open your airdropped $BLUR Care Packages?

    You can open the $BLUR token Care Packages received from Airdrops 1 and 2 from the $BLUR token launch on 14th February 2023 onwards.

    When is the $BLUR token launch?

    $BLUR token was launched on 14th February 2023 and is listed on ByBit, Coinbase, Uniswap, Kucoin, Gate.io and many other exchanges.

    How long do I have to claim my $BLUR airdrop?

    For Season 1, you can claim your airdrop within 60 days from 14th February 2023 (i.e. 16th April 2023). Season 2 airdrops are still available to claim.

    How much $BLUR was distributed in Season 2?

    Blur distributed over 300 million $BLUR in its Season 2 airdrop.

    How do I claim my $BLUR tokens?

    Here’s how to claim your $BLUR tokens: Connect your wallet on their website. On the “Airdrop” tab, click “Reveal Care Packages”, “Continue to BLUR” and “Open care packages for $BLUR”. Follow the instructions. Note that they will ask you to Tweet to claim $BLUR. You will also need to verify the tweet before you will have the option to connect your wallet to claim your $BLUR. You might need to add the $BLUR token contract manually to see your $BLUR holdings.

    What is Blur’s Loyalty Point system?

    Blur has a Loyalty system, which affects your luck when revealing your Care Packages. Users with 100% loyalty throughout the airdrop campaign have the highest chance of receiving Mythical Care Packages. Mythical Care Packages are worth 100x Uncommon Care Packages. Here are your odds of getting a Mythcial Care Package airdrop based on your loyalty:
    <50% loyalty = low luck;
    50-90% loyalty = medium luck;
    90-97% loyalty = high luck; and
    97%+ loyalty = very high luck

    How do I check my Blur Listing Points/Bid Points/Loyalty Points/Lending Points?

    Users can check their Blur Listing Points/Bid Points/Loyalty Points on the Airdrop tab.

    How much is the $BLUR token worth?

    As of the time of writing, $BLUR tokens are worth US$0.536393. $BLUR currently has a market cap of over $185 million and ranked no. 101 on Coingecko. $BLUR token prices hit an all-time high of US$5.02 on 14th February 2023, and an all-time low of US$0.153143.

    Are there any fees for trading NFTs on Blur.io?

    There are no fees for selling NFTs on Blur.io.

    Where can I buy, sell and trade $BLUR?

    BLUR can be traded on most major cryptocurrency exchanges including Bybit, Uniswap, Sushiswap, and Coinbase.

    How can I maximise my Season 2 Blur airdrop?

    The Blur team have already emphasized that having perfect Loyalty scores throughout the campaign would maximise your Season 2 Blur airdrop. This means you must only list your NFTs on Blur and not on any other NFT marketplaces.

    Is there a way to “game” the system to get more Blur points?

    Unfortunately, there is no way to “game” the system to get more Blur points, and the Blur team are actively taking steps to stop tactics such as. Transferring NFTs for loyalty i.e. transferring NFTs to list on other marketplaces. Also, washing trading for points by using bots to wash trade in order to increase visibility of a collection and therefore increasing the points allocated towards it. Finally, spoofing bids by using bots to create fake bids that cannot be accepted and front run bid accepts to get points without any risk.

    What are some tips and strategies for Season 3 Blur airdrop?

    Here are some tips and strategies to maximise your Season 3 Blur airdrop.
    Keep bids listed for a longer duration to get more Bidding Points.
    Listing blue chip and active collections for more Listing Points.
    Make Loan Offers with higher Max Borrow and Lower APY for maximum Lending Points.
    Bid, list and lend more to get onto the 24 hour leaderboard.
    Maximise your Blur Loyalty Points by actively listing blue chips and active collections exclusively on Blur.
    Deposit $BLUR and keep maintain the deposit for Holder Points.

  • Linea (ConsenSys zkEVM) Token Airdrop Guide: How to Earn $15,000?

    Linea (ConsenSys zkEVM) Token Airdrop Guide: How to Earn $15,000?

    Linea (ConsenSys zkEVM) is a type 2 zero knowledge Ethereum Virtual Machine (zkEVM) that provides developers with a secure and cost-effective way to build and deploy smart contracts on the Ethereum blockchain. The project has raised much more in funding than zkSync, so any potential airdrop could rival zkSync! Here’s our guide on how to get a potential Linea (ConsenSys zkEVM) token airdrop.

    Check out our zkSync ($ZKS) token airdrop guide here.

    Linea (ConsenSys zkEVM) Airdrop Step-by-Step Guide

    Here’s how to get a potential Linea token airdrop:

    1. Add Linea to MetaMask
    2. Get testnet ETH and bridge to Linea
    3. Interact with protocols on Linea
    4. Send feedback to the Linea team
    5. Complete Linea’s “I’m a First Class Linea Citizen” campaign
    6. Join the Linea Voyage
    7. Mint NFT commemorating the end of the Linea Voyage Quest.

    See below for more details.

    What is Linea?

    Linea (formerly ConsenSys zkEVM) is a type 2 zero knowledge Ethereum Virtual Machine (zkEVM) created by Consensys– the team behind MetaMask. It replicates the Ethereum environment as a rollup, allowing developers to use the same tools and experience as they would on the Ethereum mainnet. With Linea, users can benefit from the security and trust of Ethereum, but with lower transaction costs. Impressively, Linea has raised around US$726 million in multiple funding rounds, and has a valuation of around US$7 billion. This beats out zkSync, which has so far raised US$458 million. Hence many see Linea as having huge potential.

    On 28th March 2023, Linea rolled out its public testnet on MetaMask to all Chrome users. Giving all users and developers a chance to check out their testnet. they will also launch a NFT testnet voyage soon. Users flocked to try the Linea testnet in the hopes of positioning themselves for a potential Linea airdrop. This is because they see Linea has huge potential for airdrop gains that may even rival zkSync.

    On 11th July 2023, Linea announced the launch of their Mainnet Alpha. During this stage, Linea will begin onboarding its partners and users, monitoring the system and supporting those who are building on it. It also marks the kickstart of their bug bounty program and testing before finally opening to end users.

    Is there a Linea token?

    There is no mention of a Linea token in their Documentation yet, and according to a Consensys blog post on 13th December 2022, they have mentioned it is too early to discuss launching a Linea token. But, they have stated they are looking at ways to reward users who help test and improve Linea. Together with the attention and funding they have generated, there is a good possibility they will launch a token and do an airdrop in the future.

    How to get a potential Linea airdrop?

    Linea has mentioned they will be looking at ways to reward users that test their protocol, so interacting with Linea could be the key to getting a potential airdrop. Here’s how to get a potential Linea airdrop:

    1. Add Linea to MetaMask
    2. Get testnet ETH and bridge to Linea
    3. Interact with protocols on Linea
    4. Send feedback to the Linea team
    5. Participate in Linea’s “I’m a First Class Linea Citizen” campaign
    6. Join the Linea Voyage
    7. Join the Linea DeFi Voyage

    See below for more details.

    Add Linea to MetaMask

    To add the Linea network to your MetaMask, first, open MetaMask. Click the top bar and “Add network” and “Add a network manually”. Fill in the Linea network information found in their Documentation and click “save”.

    Linea network information

    Get testnet ETH and bridge to Linea

    Get testnet ETH from these faucets: https://goerlifaucet.com, https://goerli-faucet.mudit.blog, or https://linea.faucetme.pro/. Then, to bridge to Linea, go to https://goerli.hop.exchange/#/send?token=ETH and connect your wallet. Send ETH from the Goerli network to the Linea network. Once you have selected the below options, click “Send”.

    Interact with protocols on Linea

    Linea has a huge ecosystem of protocols you can interact with. Who knows, you may even be eligible for airdrops on those protocols too which will entitle you to double rewards! Here are some notable protocols you could choose to interact with for a potential Linea airdrop:

    1. Uniswap
    2. Ghostchain NFT
    3. FWDX
    4. Mint a 0xCygaar NFT
    5. Velocore

    Uniswap

    Go to https://swap.goerli.linea.build/ and connect your wallet. Then, swap ETH for crWETH (i.e. Consensys Rollup Wrapped ETH). Also, swap ETH for crUSDC (i.e. Consensys Rollup Wrapped USDC). Afterward, add liquidity by going to https://swap.goerli.linea.build/#/pool, clicking “New Position” and adding ETH and crUSDC as your liquidity pair.

    Ghostchain NFT

    Go to https://app.nft.ghostchain.io/#/zkevm and connect your wallet. Select an NFT collection and click “Disperse collection”. Select the amount (in crETH) and click “Disperse”.

    FWDX

    Mint tokens and create markets by going to https://testnet.fwdx.xyz/faucet and connecting your wallet. Mint tokens by going to “Faucet”, choose the cryptocurrency and amount you wish to mint, and click “Mint”. Confirm the transaction on Metamask.

    To create a market, go to https://testnet.fwdx.xyz/create. Input the send and receive currencies and choose a validity date in the future. Then click “Approve”.

    Mint a 0xCygaar NFT

    To mint a @0xCygaar NFT, go here and connect your Metamask wallet. Under item 3. mint, type in a number less than 1 and click “write”. Confirm the transaction on Metamask.

    Velocore

    Velocore ($VC) is a groundbreaking solution that synthesizes top-tier DEX methodologies into a novel, high-performance flywheel. It has already launched on zkSync Era Mainnet and Velocore V2 will soon launch on Linea. Velocore have done an airdrop in the past so it is likely they may also do an airdrop for their $VC token too! So far no airdrops have been confirmed yet but completing their Questboard tasks may be helpful in both the potential Linea and Velocore airdrops!

    Learn how to also get the $VC airdrop with our Velocore ($VC) token airdrop guide.

    Send feedback to the Linea team

    The Linea team needs your feedback to improve their product, and they are very likely to reward those who help! To send feedback to Linea, complete their Google Form.

    Complete Linea’s “I’m a First Class Linea Citizen” campaign

    Linea’s “I’m a first class Linea Citizen” campaign aims to combat bots and prioritize genuine user engagement in the Linea Voyage Quest. The campaign partners with Gitcoin Passport, Galxe Passport and Guild.xyz to create a fair community experience and address issues with bots consuming resources. The campaign will continue until the end of the 9 week Linea Voyage Quest i.e. 2023/06/30 12:00 GMT+08:00.

    Here’s how to participate in Linea’s “I’m a First Class Linea Citizen” campaign:

    1. Connect your wallet to Linea’s Galxe page. Note you only need to complete any one of steps 2 to 4 below.
    2. Obtain a Gitcoin Passport for the Linea Voyage Quest on Galxe. Connect your wallet to https://passport.gitcoin.co/ and click “Confirm stamps”. Then, connect your accounts.
    3. Get a Galxe Passport here. You will need to verify your identity with your official documents and pay a verification fee of 0.015 BNB.
    4. Sign up as a community member on Linea’s Guild page. You will need to connect your wallet, complete a CAPTCHA, and connect your Twitter and Discord accounts. Then, mint your guild pin, this will cost 0.007 BNB plus gas fees.
    5. Click “Verify” on the Galxe page.

    Join the Linea Voyage

    The Linea Voyage is a 9 week campaign which promises to offer an engaging way for users to learn about the boundless possibilities of a Layer 2 network through a series of weekly tasks and opportunities. It may also be a way to maximise any potential Linea airdrop.

    Linea Voyage week 1

    Week 1 of the Linea Voyage ran from 21:00 on 2nd May 2023 to 11:59 on 9th May 2023 (HKT). Here’s how to participate in the Linea Voyage Week 1:

    1. Connect your wallet to Linea’s Galxe page.
    2. Bridge any amount of BUSD on Celer from BSC Testnet (add network here) to Linea here.
    3. Bridge any amount of BNB on Celer from BSC Testnet to Linea here.
    4. Bridge any amount of MATIC (claim testnet tokens here) on Connext from Polygon Testnet (add network here) to Linea.
    5. Bridge any amount of DAI (claim testnet tokens here) on Hop from Goerli (add network here) to Linea. You will first need to get GETH (here) and USDC (here) for transaction fees. 
    6. Bridge any amount of HOP (claim testnet tokens here) on Hop from Goerli to Linea. You will first need to get GETH (here) and USDC (here) for transaction fees. 
    7. Bridge any amount of USDC on Hop from Goerli to Linea.
    8. Bridge any amount of GETH on Hop from Goerli to Linea.
    9. Bridge any amount of EUROEe (claim testnet tokens here) on Multichain from Avalanche Fuji (add network here) to Linea.
    10. Bridge any amount of TUSD on Multichain from Avalanche Fuji to Linea. You will first need to claim AVAX (here) before locking it (here) in exchange for TUSD.
    11. Follow Linea on Twitter.
    12. Retweet Linea’s Tweet
    13. Remember to click “Verify” on Galxe after completing every step.

    Linea Voyage Week 2

    Linea Voyage Week 2 is all about the Social Campaign. Here’s how to participate in Linea Voyage Week 2:

    1. Connect your wallet to https://galxe.com/Linea/campaign/GCPRsUEZhR.
    2. Complete the tasks to earn points. Tasks include voting in their polls, participating in their Twitter Spaces, watching their content and retweeting their Tweets.

    Linea Voyage Week 3

    The theme of Linea Voyage week 3 are NFTs and will run from May 16th 2023, 9am Eastern Time (ET) to May 21st, 2023, 11:59pm ET. For this campaign, Linea will be working with partners ghostNFT, NFTs2me, Bilinear and Zonic. Here’s how to participate in Linea Voyage week 3.

    NFTs2me

    1. Connect your wallet to https://galxe.com/Linea/campaign/GCEMnUEySZ
    2. Create and deploy a new NFT Project on Linea Testnet.
    3. Change phase from “Closed” to “Public (Open)”.
    4. Mint at least one NFT from the project Minting Page.
    5. Send a Soulbound Airdrop to ENS address nfts2me.eth.
    6. Create a token gated content.

    GhostNFT

    1. Claim free Linea testnet gNFT.
    2. Register ERC721 NFT Collection by dispersing at least 0.05 ETH.
    3. Add collateral to your NFT Collections via ghostNFT.
    4. Redeem collateral from NFTs via ghostNFT.
    5. Add collateral to the Ghost NFT collection.
    6. Redeem collateral from the Ghose NFT collection.

    Bilinear

    1. Mint collection.
    2. Mint NFT.
    3. Buy NFT.
    4. Sell NFT.
    5. Mint game NFT.

    Zonic

    1. Mint the Linea Ape Zonic NFT collection on Apetimism.
    2. List any NFT.
    3. Buy any NFT.
    4. Transfer any NFT using Zonic’s transfer function.

    Linea Voyage Week 4

    Linea Voyage Week 4 ran from May 24th, 2023, 10 pm EST to May 28th, 2023, 11:59 pm EST. Week 4 is similar to week 2 in that it focuses on social tasks. These are the tasks for Linea Voyage Week 4:

    1. Retweet their tweets.
    2. Vote for Linea on Swag.
    3. Watch their YouTube spaces.

    Linea Voyage Week 5

    Linea Voyage Week 5 will run from May 30th, 2023 at 9:30am EST to June 4th, 2023 at 11:59pm EST. However, you will have up to June 7th, 2023 11:59pm EST to claim your points. Here’s how to participate in Linea Voyage Week 5:

    1.  Send LineaETH from an account to a Hapi wallet address.
    2. Deploy a token drop on Linea.
    3. Deploy a token drop on Linea.
    4. Use Hapi Labs terminal to visualize transaction data and create transaction flow diagrams with Hapi.
    5. Test your knowledge on the security of token contracts using GoPlus.

    Linea Voyage Week 6

    Linea Voyage Week 6 will run from 6th June at 9 am EST until 11th June at 11:59 pm EST. This week focuses on knowledge of the Linea protocol. Here’s how to participate in Linea Voyage Week 6:

    1. Watch the Linea Community Call- May 2023 on YouTube.
    2. Retweet Linea’s tweet.
    3. Read Linea’s Documentation.
    4. Answer the questions on Linea’s Galxe Page. Here are the answers:

    Here are the answers to the Linea Quiz:

    • Easy Questions: A A B A D A C B D C D
    • Medium Questions: B A C A C A C B A A A C D B
    • Hard Questions: B B A C A C B C B C C B

    Note you will need to click “Verify” on the Galxe page after completing each task!

    Linea Voyage Week 7

    Linea Voyage Week 7 will run from June 14th, 2023, 9 am EST to June 19th, 2023 (now extended to June 21, 11.59pm EST). The theme of week 7 is Social and Entertainment. And for this, Linea are working with their partners  Lineaster, PatchWallet, LineaDomains, Atticc, ENS, Lineaster, IDriss, SnapshotX, , Vitidiary, zkHoldem, Battlemon, Cataclysm, Ultiverse, MetaMerge, Hooga Game, StationX, ASMatch, Readon, DegenReborn and Meeet. To participate in Linea Voyage Week 7, participants will need to engage with these partnered protocols and dapps. Tasks include minting NFTs, playing their games and registering an ENS domain.

    Linea Voyage Week 8

    Linea and iZUMi Finance are collaborating for Week 8 of the Linea Voyage! Week 8 will run from June 26th, 2023 9am EST and run until July 6th, 2023 11.59pm EST. This week will be the last week of on-chain activities, and will focus on decentralized finance (DeFi). The good news is this may also make you eligible for a potential iZUMi Finance token airdrop! Here’s how to participate in Linea Voyage week 8:

    1. Add and select Linea Goerli test network. Click here for more details on how to do this.
    2. Get testnet Linea ETH at https://www.infura.io/faucet/linea
    3. Connect your wallet to iZiSwap on Linea https://linea.izumi.finance/home
    4. Swap your Linea ETH to iZi tokens.
    5. Set a limit order by clicking the “Limit Order” tab and selecting the token you’d like to trade.
    6. Place a limit order to exchange Linea ETH to iZi tokens and set your preferred price. Select “Fee Tiers” and click “ADD”. Confirm the transaction on MetaMask. Then, collect rewards on the “My Order” page by clicking “Claim”.
    7. Add liquidity by going to the Liquidity tab and clicking “Add Liquidity” and selecting “Custom”. Select a token pair you want to create a pool with and the swap fee rate that you are willing to charge. Also, input the sum you want to provide and set the price range. If this is your first time providing liquidity, you will need to approve your tokens. Finally, click “Create” and confirm the transaction. To collect your swap fees, click “Collect” on the main liquidity page. You can also click “Add” to add more liquidity to your existing pool, and click “Remove” to remove your liquidity.

    Check out our iZUMi Finance $iZi token airdrop guide!

    Linea Voyage Week 9

    Linea Voyage Week 9 (i.e. the final week) will run from July 6th, 2023 9am EST to July 8th, 2023 11.59pm EST. Tasks include helping promote one of their tweets and voting on polls. You can complete the tasks by clicking the links on their Galxe page.

    Mint NFT commemorating the end of the Linea Voyage Quest

    Linea has created an NFT to mark the end of the Linea Voyage Quest. Connect your wallet and mint your NFT here. Minting the NFT is free!

    Join the Linea DeFi Voyage

    The Linea DeFi Voyage is a new 6-week campaign launched by Linea in partnership with Interact. There is speculation that completing this voyage may position you for a potential airdrop because their announcement states that participants will be recognised as contributors to the Linea ecosystem. Also, participants will be rewarded with XP that can only be claimed once they successfully execute the Proof of Humanity (PoH) attestation. So, this seems to suggest that the soul bound XPs to be claimed may be a criterion for a potential $LINEA airdrop. Here’s how to participate in the Linea DeFi Voyage:

    • Set up your profile at https://www.intract.io/.
    • Go to the “Linea” tab at the top of the screen and complete each week’s Wave quests.
    • Week 0: These are social tasks
    • Week 1: This requires you to bridge at least $20 worth of ETH from Ethereum/zkSync/Optimism/Base/Arbitrum to Linea using MetaMask’s bridge function. As a bonus task you will also be required to swap at least $5 of ETH into any supported token using Metamask Portfolio on the Linea network.
    • Week 2: Bridge at least $25 worth of ETH from ETH token another network to Linea using any listed bridge partner dApp. We suggest using Stargate bridge as it also positions you for any potential Stargate airdrop. You can also complete the bonus tasks which includes doing more bridges with more ETH, and writing reviews.
    • Week 3: Swap at least $25 worth of ETH to any supported token on any supported DEX on Linea. You can find a list of the supported tokens and DEXs here.
    • Week 4: Borrow at least $25 worth of ETH/WETH in 1 transaction on any of the specified Linea ecosysyem money markets. You can also complete some of the bonus tasks if you supply specific coins as collateral i.e. stablecoins (for bonus task 1) or LST (wstETH) (for bonus task 2).
    • Week 5: To complete this task, you must provide a minimum of $25 worth of liquidity by using any 2 supported tokens with equivalent value. You must also provide liquidity on their specified DEXes.
    • Week 6: This is the last week and involves proof of humanity. You will need to verify your humanity by obtaining one attestation from a partner of Group A, and 2 attestations from the partners of Group B.

    Linea (ConsenSys zkEVM) 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: Linea has confirmed they are looking at ways to reward users who help test and improve their protocol. With the attention and funding (more than zkSync!) they have generated, there is a good chance of an airdrop.

    Airdropped Token Allocation: There is no information on the Linea token allocation yet.

    Airdrop Difficulty: Users will need to interact with various projects in the Linea ecosystem. However, Linea is only in the public testnet stage so no real user funds will be used.

    Token Utility:  There is no information on the Linea token utility yet.

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

  • Polygon zkEVM (MATIC) Token Airdrop Guide: LIVE NOW!

    Polygon zkEVM (MATIC) Token Airdrop Guide: LIVE NOW!

    Polygon recently launched its own zkEVM mainnet, and co-founder Sandeep Nailwal hinted on Twitter that there could be a MATIC airdrop for users! In this article, we will briefly explain what Polygon zkEVM is and what you can do to position for a potential airdrop.

    Polygon zkEVM Airdrop Step-by-Step Guide

    Here’s how to get the Polygon zkEVM Airdrop:

    1. Add Polygon zkEVM to MetaMask
    2. Bridge to Polygon zkEVM
    3. Interact with Polygon zkEVM DApps
    4. BONUS: trade on Satori Finance
    5. DOUBLE BONUS: Join in the zkEVM saga with Intract x Polygon to get free NFTs

    See below for more in-depth details!

    What is Polygon zkEVM?

    Polygon zkEVM is a Layer-2 scaling solution for Ethereum that leverages the scaling power of zero-knowledge proofs while maintaining Ethereum compatibility, similar to zkSync and Linea. Developers and users on Polygon zkEVM can use the same code, tooling, and apps that they use on Ethereum, but with much higher throughput and lower fees. This allows Ethereum-based DApps to scale more efficiently, which is critical for mass adoption of DeFi.

    What’s the Difference Between Polygon zkEVM and Polygon?

    The original Polygon functions as a sidechain that runs parallel to the Ethereum mainnet, whereas Polygon zkEVM uses a ZK-Rollup architecture that is built on top of Ethereum. The key distinction is that Polygon is EVM compatible but Polygon zkEVM has total EVM equivalence. The latter is focused on being a near-perfect replica of Ethereum’s execution environment, which means it uses ETH instead of MATIC for gas fees.

    Is There an Airdrop for Polygon zkEVM?

    Yes, it is very likely there will be an airdrop for Polygon zkEVM users. Sandeep Nailwal, co-founder of Polygon, strongly hinted on Twitter that there will be a huge MATIC airdrop for zkEVM users. He also compared the current development of Polygon zkEVM to Arbitrum, which took more than a year to mature. This means that we are currently at the early stage, allowing users plenty of time to perform on-chain activities that would qualify them for the airdrop!

    How to Get the Polygon zkEVM Airdrop?

    The best way to get the MATIC airdrop is to interact with the Polygon zkEVM mainnet. Here’s a step-by-step guide:

    1. Add Polygon zkEVM to MetaMask

      Go to ChainList and add Polygon zkEVM to MetaMask. It is launched on Mainnet Beta, which means you will need ETH for gas fees.

    2. Bridge to Polygon zkEVM

      If you have funds on the Ethereum network, you can bridge ETH from Ethereum to Polygon zkEVM via the Native Bridge.

      Alternatively, if you have funds on Arbitrum and/or gas fees are too high, you can also use other third-party bridges recommended by Polygon, such as Orbiter Finance. Using Orbiter Finance, in particular, refunds 60% to 70% gas fees back to you.

    3. Interact with Polygon zkEVM DApps

      Here are the top DApps in Polygon zkEVM ranked by total value locked (TVL). Try to perform transactions consistently every week as frequency of smart contract interaction is an important criterion to qualify for the airdrop:

      Decentralized Exchanges (DEXs):
      1. Quickswap
      2. Kokonut Swap
      3. Dove Swap
      4. Mantis Swap

      Lending Protocol
      1. 0vix

    4. Interact with Quickswap

      Here’s how to interact with Quickswap. First, connect your wallet to Quickswap Exchange. Make sure you have switched the network on Polygon zkEVM. Then, go to the Swap section and (1) Swap ETH for USDC; and (2) Swap the same amount of ETH for WETH. Afterwards, go to their Pool, select ETH and USDC tokens as the token pair, approve the tokens and add liquidity.

    5. Interact with Kokonut Swap.

      Here’s how to interact with Kokonut Swap. First, connect your wallet to Kokonut Swap. Make sure you have switched the network on Polygon zkEVM. Then, go to their Swap page and swap ETH to USDC.

    6. Interact with Dove Swap

      Here’s how to interact with Dove Swap. Connect your wallet to Dove Swap and make sure you are on the Polygon zkEVM network. Then, swap ETH for USDT.

    7. Interact with Mantis Swap.

      Interact with Mantis Swap by going to their website. Then, connect your wallet and make sure you are on the zkEVM network. Finally, swap USDC to USDT.

    8. Interact with 0vix

      To interact with 0vix, connect your wallet to their website and make sure you are on the Polygon zkEVM network. On the Supply Markets, supply a small amount of ETH and click “Supply”.

    9. BONUS: Trade on Satori Finance

      Satori Finance is a protocol on Polygon zkEVM (as well as zkSync, Linea and Scroll). To trade on Satori Finance, connect your wallet to https://satori.finance/, making sure that you are on the Polygon network. Then, go to “Portfolio” and deposit some trades. Next, go to the “Trade” tab and do some trades.

    10. DOUBLE BONUS: Join in the zkEVM saga with Intract x Polygon to get free NFTs

      Connect your wallet to the Quest Page and complete the tasks to get a free NFT. Tasks include signing messages, following social accounts and posting Tweets. Finally, click “Get your NFTs” and follow the instructions on your wallet to mint your free NFT. Note you will need to pay gas fees in ETH

    Airdrop Review

    When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

    Likelihood of Airdrop: Although not confirmed, it is very likely there will be a MATIC airdrop for Polygon zkEVM users, according to Sandeep Nailwal.

    Airdropped Token Allocation: There is no confirmation on the token allocation, but Nailwal said that it would be a “massive” airdrop.

    Airdrop Difficulty: Simply bridge to Polygon zkEVM and interact with QuickSwap and other high TVL DEXes. You will need real ETH to perform these tasks.

    Token Utility: MATIC is the native token of the Polygon blockchain. Although Polygon zkEVM uses ETH for gas fees, it is likely MATIC will be airdropped as rewards.

    Token Lockup: No mentions of token lockup.

  • Socket token airdrop guide: How to get 5 airdrops for the price of 1?

    Socket token airdrop guide: How to get 5 airdrops for the price of 1?

    Socket is an interoperability protocol that enables secure and efficient transfer of data and assets across different blockchain networks. It is not a bridge or a cross-chain application, but rather an infrastructure that allows developers to build these applications easily. With Socket, developers can create apps with interoperability as a core part of their infrastructure. Socket has already secured US$5 million in funding and is considered a direct competitor to LayerZero– who is getting lots of attention with their potential LayerZero airdrop. So, there’s a good chance Socket may also do an airdrop in order to get more users. Here’s how to get a potential Socket token airdrop (and the potential Bungee and zkSync token airdrops at the same time!). And with our bonus tip, you may also be eligible for potential Stargate and LayerZero airdrops too!

    Learn more:

    Socket token airdrop step-by-step guide

    1. Connect your wallet to Bungee
    2. Bridge tokens
    3. Check your gas settings
    4. BONUS: Get Stargate and LayerZero airdrops too!

    What is Socket?

    Socket is a protocol that enables secure and efficient transfer of data and assets across different blockchain networks. It is not a bridge or a cross-chain application, but rather an infrastructure that allows developers to build these applications easily. With Socket, developers can create apps with interoperability as a core part of their infrastructure.

    Socket comprises two key components: Socket Liquidity Layer (SocketLL) and Socket Data Layer (SocketDL). SocketLL enables efficient asset transfer across chains, while SocketDL enables secure data transfer across chains. Developers can use Socket to optimize for their use case and objectives, as every approach to interoperability optimizes for different objectives and trade-offs (trust, latency, generalizability, etc.) 

    Socket.tech

    Will there by a Socket airdrop?

    Socket has not announced a token, yet. However, if they want to stand out like their competitor, LayerZero, it is likely that they will also need to do an airdrop. From looking at LayerZero’s number of users and attention it gets on social media, it is clear that doing airdrops is almost guaranteed to bring attention and users to your project.

    The project also works with other notable protocols such as Zerion and Bungee, both of which are rumoured to be doing their own airdrops. So there are nevertheless advantages to preparing yourself for any potential Socket airdrop, since this may also make you eligible for the Zerion and Bungee airdrops too.

    Did you know that you can also position yourself for a LayerZero airdrop using Socket (even though they are competitors)? Check out below to learn how!

    Socket token airdrop guide

    Time needed: 1 hour and 30 minutes

    1. Connect your wallet to Bungee

      Connect your wallet to Bungee. Using Bungee may make you eligible for any potential Socket airdrop as Bungee is built by Socket.

    2. Swap across chains

      Swap ETH from Ethereum chain to any other chain.
      BONUS: Swap to Optimism to get $OP rewards.
      EXTRA BONUS: Swap to/from zkSync Era to position yourself for a potential zkSync airdrop!

    3. Use Stargate route.

      Click “View all routes” and select the Stargate route. We recommend using Stargate as it is part of the LayerZero ecosystem (and may also do a potential airdrop of their own!). So using the Stargate route may also position you for the Stargate and LayerZero airdrops too!

      Check out our Stargate Finance ($STG) airdrop guide and LayerZero ($ZRO) Token Airdrop Guide

    4. Confirm the transaction.

      Click “Review route”, check that the details are correct, and click “Bridge”.

    5. Perform cross chain swaps on Matcha

      Matcha has recently partnered with Socket to revolutionize trading with cross chain swaps. By being able to perform cross chain swaps, users will no longer have to navigate through multiple platforms, making trading more efficient!

    Airdrop Review

    When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

    Likelihood of Airdrop: Socket has not announced any airdrop yet. But there may a be a good chance of an airdrop when LayerZero, its direct competitor, is getting a lot of attention as a result of confirming that they will be doing a token airdrop.

    Airdropped Token Allocation: The airdropped token allocation is unknown.

    Airdrop Difficulty: There is no announcement on any Socket airdrop or their eligibility yet. However, to position yourself for this potential airdrop, all that is required is to do some token swaps on Bungee. This is not difficult to do. It will also make you eligible for other airdrops too, such as Bungee and even LayerZero!

    Token Utility: There has been no official announcement regarding the release of any Socket token yet.

    Token Lockup: There has been no official announcement regarding the release of any Socket token yet.

  • ZetaChain ($ZETA) Token Airdrop Guide: LIVE NOW!

    ZetaChain ($ZETA) Token Airdrop Guide: LIVE NOW!

    ZetaChain ($ZETA) is one of the top airdrop prospects to look out for in 2023, according to CoinGecko. Its testnet is live and users of the protocol can potentially qualify for one of the biggest airdrops this year. In this article, we will explain what ZetaChain is and what you can do to position yourself for the $ZETA airdrop.

    Use our invite link to sign up with their testnet (we each get 5,000 ZETA Points)!

    ZetaChain ($ZETA) Airdrop Step-by-Step Guide

    ZetaChain hinted at several ways you could get a token airdrop. Here’s how to get a potential $ZETA airdrop:

    1. Sign In ZetaChain Testnet with Twitter.
    2. Connect Your MetaMask Wallet.
    3. Request Testnet ZETA.
    4. Swap tokens.
    5. Refer to Friends with Invite Link.
    6. Claim the Zeta Supporter Discord role in the ZetaChain Guild.
    7. Complete an Omnichain ZETA-USDT swap.
    8. Claim the ZETA Beta Tester role.
    9. Complete swaps on the Galxe campaign.
    10. Claim the ZETA Assimilated role.

    See below for more details.

    What is ZetaChain?

    ZetaChain is a layer-1 blockchain that has built-in connectivity to all blockchains and their applications. It is also a smart contract platform that can manage assets, data, and liquidity on any chain, even non-smart contract chains such as Bitcoin and Dogecoin. The project has recently announced its US$27 million funding round by Blockchain.com, Human Capital and others to accelerate their goal to offer the first public EVM-compatible L1 blockchain.

    The project is still in the testing phase, but it has a lot of potential for the future. One of its main benefits is that it enables omnichain decentralized applications (odApps), which are able to access and use information and liquidity from multiple blockchains simultaneously.

    To make things even easier, ZetaChain has created a special app called the ZetaChain Swap App. This app allows users to transfer assets between any connected blockchain without having to go through a complicated process of wrapping or locking tokens. Instead, users can complete the transaction in just one step.

    Does ZetaChain have a Token?

    Yes, ZetaChain confirmed in its whitepaper that there will be a $ZETA token. The token will be used for paying gas fees, securing the proof-of-stake blockchain, and enabling cross-chain transfers, swaps, and messaging.

    Additionally, $ZETA will be issued natively across multiple layers and chains. As of now, ZetaChain has not yet published its tokenomics nor officially announced an airdrop. But its testnet is incentivized, which generally indicates an airdrop for its users. People have also noticed that ZetaChain now has a page on CoinMarketCap, is this a hint that the $ZETA token is launching soon?

    How to Receive Potential $ZETA Airdrop?

    The best chance to receive a potential $ZETA airdrop is to interact with their incentivized testnets. You can accrue ZETA points by completing various tasks, and these points will most likely translate to airdrop rewards once the token is launched. Here’s a step-by-step guide.

    1. Sign In ZetaChain Testnet with Twitter

      Use our invite link to sign up with their ZetaLabs testnet (we each get 5,000 ZETA Points!). After signing in, you will need to verify your account on Twitter.

    2. Connect Your MetaMask Wallet

      After verifying your Twitter, it will redirect you to labs.zetachain.com/swap. Connect your MetaMask and switch the Network to Goerli.

    3. Request Testnet ZETA

      Go to labs.zetachain.com/get-zeta and request some ZETA for ZetaLabs transactions. You will receive 2 ZETA and some gas assets on the Goerli, Polygon Mumbai, and BSC Testnet so you can start testing on different chains. You can only request once a day, and we recommend doing this every day.

      You can also request from ZetaChain’s faucet on their Discord channel.

    4. Swap tokens

      On labs.zetachain.com/get-zeta, swap tokens between the Goerli, BSC Testnet, Polygon Mumbai and Bitcoin Testnet networks. Do a swap once every 7 days and get 7,000 points per week! Also, as this is only testnet, it is free to participate!

    5. Refer Your Friends with Invite Link

      Click ‘Earn ZETA Points’ at the top-middle of the screen to access your referral link, which you can automatically share on Twitter or copy manually.

      For each person you invite, you’ll earn 5,000 ZETA Points, and for each weekly transaction they do, you’ll get 1,750 additional points.

    6. Claim the Zeta Supporter Discord role in the ZetaChain Guild

      Go to the ZetaChain Guild platform. The first task is to claim the Zeta Supporter Discord role. You will need to complete tasks such as getting verified on Discord and following their Twitter.

    7. Complete an Omnichain ZETA-USDT swap

      Go to the Swap page on Zetachain. Connect your Twitter and Metamask (make sure you are on the Goerli Test Network). Request testnet $ZETA tokens (you can also request testnet tokens on their Discord). Then switch to Polygon Mumbai Testnet (add network using Chainlist) and swap 3 $ZETA from Polygon Mumbai Testnet to Goerli Test Network. Finally, click “Claim” to mint your NFT.

    8. Claim the ZETA Beta Tester role

      Connect your Twitter and Metamask to https://guild.xyz/zetachain and claim the ZETA Beta Tester role.

    9. Complete swaps on the Galxe campaign

      Complete the same steps as above, but swap Goerli ETH ($gETH) to $ZETA, BTC for any DeFi asset on any chain or MATIC for ZETA using any two chains. Note you will only need to complete 1 of the 4 swaps mentioned in Steps 6 and 8 to claim

    10. Claim the ZETA Assimilated role

      Participate in either ZETA Assimilated 101 or ZETA Assimilated 201 Galxe campaign.

    11. Get a ZETA domain

      Go to https://dotzeta.me/ and enter your desired domain name.

    12. Complete token swaps on Eddy

      Go to https://app.eddy.finance/. Then, go to Zetaswap and swap between $ZETA and any other token.

    13. Mint NFTs on Dripverse

      Login to https://dripverse.org/. Go to “Build” on the top of the screen and “Mint NFT”. Complete the form and click “Submit”.

    14. Swap tokens on Aceswap

      Connect your wallet to https://aceswap.io/. Swap $ZETA to $ACE and vice versa. Optional: Complete tasks on https://app.questn.com/aceswap

    15. Send tokens to ZetaChain Safe

      Go to https://safe.zetachain.com/welcome and follow the steps to create a new account. Send $ZETA to your safe account.

    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: ZetaChain has not officially announced an airdrop, but its testnet is in the incentivized phase, which means an airdrop is very likely.

    Airdropped Token Allocation: Details of their tokenomics are not yet available.

    Airdrop Difficulty: The tasks are very simple to complete. All you have to do is make swaps on the ZetaLabs testnet, share your referral link, and complete Guild tasks for a Discord role.

    Token Utility: $ZETA will be used for paying gas fees, securing the proof-of-stake blockchain, and enabling cross-chain transfers, swaps, and messaging.

    Token Lockup: Details of their tokenomics are not yet available.

  • NovaDEX ($NVX) token airdrop guide

    NovaDEX ($NVX) token airdrop guide

    NovaDEX is a decentralised cryptocurrency exchange built on Solana. It has recently launched its testnet and confirmed it will be doing a token airdrop to reward its early users. Here is our NovaDEX token airdrop guide.

    What is NovaDEX?

    NovaDEX is a decentralized exchange that allows users to trade any token on the Solana blockchain with low fees and high speed. Users can also create their own liquidity pools and provide liquidity within a custom price range, which improves efficiency and reduces slippage. NovaDEX is governed by its native token, NVX, which enables users to participate in the protocol’s decision making and benefit from its growth. Users can also get the best rates and earn high yields by swapping and adding liquidity to NovaDEX pools. NovaDEX aims to be the central trading and liquidity hub on Solana, offering a simple and user-friendly interface for engaging in DeFi activities. NovaDEX also has a unique AMM curve for stable pools, which optimizes the curve to deliver the least slippage and best rates.

    NovaDEX pools

    What is the NovaDEX ($NVX) token?

    NovaDEX has a native token known as $NVX. The team have not announced what is the utility of the $NVX token or its tokenomics. However, NovaDEX have been doing various campaigns and have been promising to reward users with $NVX once the token is launched.

    Will there be a NovaDEX ($NVX) token airdrop?

    NovaDEX have confirmed they will do a token airdrop. They also have several campaigns and tasks users can perform in order to get $NVX.

    How to get the NovaDEX ($NVX) token airdrop?

    Time needed: 1 hour

    Here’s how to get a potential NovaDEX ($NVX) token airdrop

    1. Set up Solana wallet

      NovaDE is built on Solana, so you will need a Solana wallet such as Phantom, OKX or Trust Wallet. We suggest using Phantom wallet, which is the most popular one. To set up a Phantom wallet, download the Phantom wallet Chrome extension here. Click on the button on the top left hand corner, and then settings. Go to developer settings, activate Testnet Mode and select the Solana Devnet mode.

    2. Get testnet tokens

      Connect your wallet to https://app.novadex.io/. Then click on “Faucet” on the left hand side bar. Paste your wallet devnet address and click “devnet” to get 1 testnet SOL token.

    3. Swap tokens on NovaDEX

      Go to “Swap” on NovaDEX. Swap around 15-20% of your testnet SOL for Mock USDT and Mock USDC.

    4. Add liquidity

      Go to “Pools” and add liquidity to any SOL-Mock USDT and SOL-Mock USDC pools. To do this, choose a pool and click on “New Position”. Click “Preview”, check the details and click “Confirm Deposit”.

    5. Get NovaDEX Tester NFT

      Like, retweet and tag 3 friends in this Tweet. Then, join the NovaDEX Discord channel. Note that the Tweet says you also have to swap tokens and add liquidity. However, you should have already done that in steps 3 and 4 above. You will be eligible to get the NovaDEX NFT once the NovaDEX Testnet Campaign ends at 6:00pm (GMT +8) on 30th November 2023.

    6. BONUS tasks

      Go to NovaDEX’s Zealy board and complete the tasks. Some of the tasks overlap with those in the above steps but there are other tasks such as liking and retweeting posts, or writing articles about NovaDEX on Medium.

    NovaDEX 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: NovaDEX’s airdrop is now LIVE.

    Airdropped Token Allocation: The airdropped token allocation is unknown.

    Airdrop Difficulty: NovaDEX airdrop tasks are not very difficult to complete. Tasks include swapping, adding liquidity and social tasks.

    Token Utility: The token utility is unknown.

    Token Lockup: The token lockup is unknown.

  • Polyhedra Network Token Airdrop Guide: BIG POTENTIAL!

    Polyhedra Network Token Airdrop Guide: BIG POTENTIAL!

    Polyhedra Network is building an interoperable Web3 infrastructure using zero-knowledge proof (ZKP) technology, and it is backed by the likes of Binance, Polychain Capital, and Animoca Brands. The project is in its early stages and has not yet issued a token, but it is very likely that it will do so in the future. The zkBridge Testnet is currently live, and early users have a favorable opportunity to receive future rewards. In this article, we will explain what Polyhedra is and what you can do to position yourself for the potential airdrop.

    Polyhedra Network Airdrop Step-by-step Guide

    Here’s a step-by-step guide on how to receive a potential Polyhedra Network airdrop:

    1. Claim Testnet Tokens from Faucets
    2. Create New NFTs with Polyhedra CreatorTool
    3. Import NFT to Polyhedra zkBridge
    4. Provide Feedback on Discord
    5. Complete tasks on Galxe

    See below for more details

    What is Polyhedra Network?

    Polyhedra Network is building a Web3 infrastructure that focuses on interoperability, scalability, and privacy using advanced zero-knowledge proof (ZKP) technology. The network offers secure and highly efficient solutions for transferring assets, exchanging messages, and sharing data between different Web2 and Web3 platforms.

    Project Team and Funding

    The team behind Polyhedra Network consists of leading engineers, developers, and researchers from prestigious institutions like UC Berkeley, Tsinghua University, and Stanford University. In February 2023, Polyhedra successfully raised $10 million in a strategic funding round co-led by Binance Labs and Polychain Capital. The project also received support from Animoca Brands, ABCDE Capital, Sparkle Ventures, and more.

    Does Polyhedra Network have a Token?

    Polyhedra Network has not officially announced a token launch. However, it is a blockchain infrastructure provider, so it stands to reason that it needs a token to support its ecosystem and facilitate the functioning of the platform. According to its roadmap, the team is currently focusing on integrating its bridge and decentralized identity infrastructure with other blockchain networks, and launching application programming interfaces (API) and software development kits (SDK) for developers.

    How to Receive Potential Polyhedra Network Token Airdrop?

    The best chance to receive a future token airdrop is to interact with the Polyhedra Network testnet. Here’s a step-by-step guide:

    1. Claim Testnet Tokens from Faucets

      You will need testnet tokens on different chains to cover gas fees. You can get some from these faucets: ETH Goerli Faucet, BNB Faucet, Oasis Faucet, Polygon Faucet, Avalanche Faucet, and Fantom Faucet.

    2. Create New NFTs with Polyhedra CreatorTool

      Use the Polyhedra CreatorTool to create new NFTs. Set a name and description, and select a Testnet network of your choice. You can view all created and owned NFTs on the My NFTs page.

    3. Import NFT to Polyhedra zkBridge

      Go to the My NFTs page and click on the “zkBridge” button. Select a testnet receiver blockchain of your choice and transfer the NFT. Make sure you have gas fees on the other end as well.

      Claim your NFT on the testnet receiver chain, and that’s it! Repeat the process on different testnet blockchains to enhance visibility of your on-chain activities.

    4. Provide Feedback on Discord

      Share your feedback, including wallet address, screenshots, and transaction IDs, in the “suggestions-and-support” Discord channel.

    5. Complete tasks on Galxe

      Polyhedra has a Galxe page where they have various campaigns. Completing these tasks (including those where they are partnered with other projects) may put you in a better position for any potential airdrop.

    Airdrop Review

    When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

    Likelihood of Airdrop: Polyhedra Network hasn’t confirmed a token launch yet, but as a blockchain infrastructure provider, it likely requires a token to support its ecosystem and facilitate platform operations.

    Airdropped Token Allocation: There is no tokenomics yet.

    Airdrop Difficulty: The steps are fairly easy to follow. All you have to do is create an NFT on Polyhedra and transfer it to different testnet chains. You will need some testnet tokens to cover gas fees.

    Token Utility: There is no token yet, but it is likely it will be used for governance, ecosystem support, platform operations, and network security.

    Token Lockup: There is no tokenomics yet.

  • Nostra ($NOS) token airdrop guide: Early StarkNet ecosystem project!

    Nostra ($NOS) token airdrop guide: Early StarkNet ecosystem project!

    Nostra ($NOS) is a DeFi protocol on the StarkNet ecosystem allowing users to lend, borrow, and trade crypto on Starknet. In 2022, Nostra passed a governance proposal to airdrop part of their future $NOS token supply to Tempus token holders. So, there may be a chance of further aidrops in the future when Nostra launches? In any event, since Nostra is in the StarkNet ecosystem, positioning yourself for a potential Nostra airdrop may also make you eligible for any potential StarkNet airdrop! Here’s our guide on how to get a potential Nostra ($NOS) token airdrop.

    Check out our StarkNet ($STRK) Token Airdrop Guide

    What is Nostra?

    Nostra is a DeFi solution that allows users to lend, borrow, and trade crypto on Starknet, a layer-2 solution that is fast, cheap, and secure. Nostra can be visualised in 3 main layers, the first is the Nostra Liquidity Layer, which has 4 core features- Lend, Borrow, Mint, and Trade. This is built on top of its Scalability Layer, i.e. StarkNet. Finally, StarkNet, as a layer-2 solution is built on Ethereum, which Nostra refers to as its Security Layer.

    Nostra Liquidity Layer

    What is the Nostra $NOS token?

    Tempus, the company behind Nostra, passed a governance proposal for $TEMP token holds to be eligible to receive Nostra $NOS tokens at a ratio of 1:0.6. This confirms Nostra will be launching its own token. However, further details such as its utility are unknown.

    How to receive potential Nostra $NOS token airdrop?

    Since Nostra is part of the StarkNet ecosystem, you may be eligible for a potential StarkNet airdrop if you position yourself for a Nostra airdrop! Here’s our guide on how to position yourself for a potential Nostra $NOS token airdorp.

    1. Set up StarkNet wallet

      Since Nostra is on the StarkNet ecosystem, you will need to use Argent wallet or any other Starknet wallet. To learn how to download and set up an Argent wallet, check out our guide here.

    2. Buy/deposit USDT, USDC or DAI

      You can buy USDT, USDC or DAI from any exchange and deposit it to your StarkNet wallet. Alternatively, you can swap the tokens in your StarkNet wallet to USDT, USDC or DAI. Then,

    3. Deposit assets to Nostra to earn APY

      Connect your wallet to https://app.nostra.finance/. Then, choose a pool to deposit some assets. You can choose between DAI, ETH, USDC, USDT and WBTC. Click on the market, select how much you wish to deposit and click “Deposit”. You can later withdraw assets by going back to the same market page and clicking the withdraw tab.

    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: Nostra is part of the StarkNet ecosystem, who is currently planning out the distribution mechanism for the token, which means an airdrop could be likely.

    Token Allocation: The $NOS token allocation is unknown.

    Airdrop Difficulty: Only the lending feature is available on the platform, so positioning yourself for this airdrop is quite easy. In any case, it is good to follow this Nostra $NOS token airdrop guide since it could also position you for a potential StarkNet airdrop.

    Token Utility: The $NOS token utility is unknown.

    Token Lockup: The $NOS token lockup is unknown.

  • StarkNet ($STRK) Token Airdrop Guide: Are you eligible?

    StarkNet ($STRK) Token Airdrop Guide: Are you eligible?

    StarkNet is another major ZK-rollup player, and its mainnet is launching soon. StarkNet has just released its airdrop eligiblility critiera. In this article, we will explain StarkNet what you can do to receive its airdrop and the eligibility criteria to see if you can get their airdrop.

    Check out our zkSync Airdrop Guide and Scroll Airdrop Guide for another highly anticipated ZK-rollup airdrop.

    StarkNet ($STRK) Airdrop Step-by-Step Guide

    Here’s how to receive a potential StarkNet ($STRK) token airdrop:

    1. Set Up and Use Argent X Wallet
    2. Bridge to StarkNet
    3. Interact with 10KSwap
    4. Interact with zkLend
    5. Bridge out of StarkNet
    6. Mint an NFT on MintSquare
    7. Mint a Starknet ID
    8. Lend assets on Nostra

    See below for more details!

    What is StarkNet?

    StarkNet is a permission-free, decentralized Validity-Rollup (or “ZK-Rollup”) that works as a secondary network on top of Ethereum. This allows any decentralized application to have unlimited computational capacity without sacrificing the security and compatibility of Ethereum. This is because StarkNet utilizes STARK, the most secure and scalable cryptographic proof system. The contracts and operating system of StarkNet are coded in Cairo, which enables the deployment and expansion of any kind of business logic. StarkNet’s alpha v0.11.0 has just gone live on Testnet. The mainnet upgrade to Starknet alpha v0.11.0 will be decided by a governance vote.

    A Closer Look at ZK-STARK

    ZK-STARK (Zero-Knowledge Succinct Transparent Argument of Knowledge) is a type of zero-knowledge proof system that guarantees the accuracy and confidentiality of computations on blockchain systems through innovative cryptographic proofs and advanced mathematics. They allow blockchains to move computations through a single off-chain STARK prover, and then confirm the validity of these computations through a STARK Verifier on the blockchain network.

    Who is the Team behind StarkNet?

    StarkNet is developed by StarkWare Industries, an Israeli software company that specializes in cryptography. The company employs 70 people and has a large team of blockchain engineers. They also work with some of the top advisors in the blockchain industry including Joseph Lubin, the CEO and founder of ConsenSys, the company behind MetaMask.

    In May 2022, StarkWare successfully raised $100 million in a Series D funding round led by Greenoaks Capital and Coatue. That puts the company’s estimated value at $8 billion.

    Leading DApps on StarkNet Ecosystem

    A variety of teams and individuals are taking part in building StarkNet and its developer tools. Some of the notable ones include Alchemy, Argent, Infura, Ledger, and OpenZeppelin. Moreover, there are hundreds of DApps, services, and wallets building on the StarkNet ecosystem.

    Does StarkNet have a Token?

    Yes, StarkNet has deployed their token on the Ethereum Mainnet, with its ticker symbol as STRK. However, the tokens are not up for sale yet, as the Foundation is still determining the mechanism for distributing them. This also involves incentive mechanisms for the community, which means a potential incoming airdrop.

    When Will StarkNet Do a Potential Token Airdrop?

    Rumours are that StarkNet will do a token airdrop in early 2024. This is because other protocols in the StarkNet ecosystem such as Nostra ($NOS) and Ekubo have also confirmed they will launch a token. And it is expected that these protocols will launch their own tokens soon after StarkNet does.

    How to Receive Potential StarkNet Token Airdrop?

    The best chance to receive $STRK airdrop is to interact with their testnet. Moreover, some protocols on StarkNet also do not have a token yet. Using their DApps could put you in a position to receive their airdrops as well, allowing you to earn additional rewards!

    Here’s how to receive a potential StarkNet ($STRK) token airdrop:

    1. Set Up and Use Argent X Wallet
    2. Bridge to StarkNet
    3. Interact with 10KSwap
    4. Interact with zkLend
    5. Bridge out of StarkNet
    6. Mint an NFT on MintSquare
    7. Mint a Starknet ID

    Set Up and Use Argent X Wallet

    MetaMask does not currently support the Alpha Mainnet, so it is unable to integrate with the StarkNet Layer 2 network. The only option for using StarkNet is through the Argent X wallet. Argent X is the first wallet on StarkNet and is widely used as the main ecosystem wallet with over 400,000 users and is backed by leading investors such as Paragim, Index Ventures, and StarkWare Labs. You can install the browser extension for Argent X at Google Chrome or Mozilla Firefox. Then, create an account on Mainnet. Afterward, you can send and receive funds, discover new NFTs, and swap using Argent X.

    Bridge to StarkNet

    To be included in the snapshot, it is important to bridge funds to the StarkNet network. To do this, we recommend using Orbiter Finance. This is usually the cheapest and fastest option. It may also make you eligible for any potential Orbiter Finance airdrop.

    Check out our Orbiter Finance Token Airdrop Guide!

    You can also use StarkGate which is the official bridge built and deployed by the StarkWare team. Connect your wallet and send ETH tokens from mainnet to StarkNet. Minimal amounts should suffice as long as you frequently use the bridge.

    BONUS: Bridge funds from zkSync Era network to Starknet to position yourself for a potential zkSync ($ZKS) token airdrop too!

    Check out our zkSync ($ZKS) Token Airdrop Guide!

    Interact with 10KSwap

    10KSwap is an AMM DEX that is a fork of UniSwap deployed on the StarkNet mainnet. To be included in the snapshot, it is recommended to swap tokens frequently and provide liquidity to pools. This gives you a good chance of being eligible for the airdrop.

    Interact with zkLend

    zkLend is a money market that is native to the StarkNet ecosystem. To be eligible for the airdrop, you can try depositing and lending money to earn yields, which is similar to traditional DeFi applications such as AAVE or Compound. Additionally, zkLend is also doing their own airdrop soon. Check out our zkLend Airdrop Guide for more information.

    Bridge out of StarkNet

    You can also use another bridge to withdraw funds from StarkNet such as Orbiter Finance. This approach of utilizing two bridging platforms acts as a safety measure in the event that the airdrop covers one of them. Additionally, there’s a possibility of receiving a higher multiplier for the StarkNet airdrop by using both bridges.

    Mint an NFT on MintSquare

    MintSquare is an NFT platform integrated with both zkSync and StarkNet You can mint an NFT by uploading the supported media of any picture you want. Don’t forget to switch the network to StarkNet, not zkSync. Give it a name, some attributes, and click mint. Voilà! You have yourself a newly minted NFT on StarkNet.

    MintSquare

    Mint a Starknet ID

    Connect your Argent X wallet to https://app.starknet.id/. Choose your username and enter the details to mint your Starknet ID. Note each Starknet ID costs 0.009 ETH per year.

    Deposit assets to Nostra

    Nostra ($NOS) is a DeFi protocol on the StarkNet ecosystem that allows users to lend, borrow, and trade crypto. Nostra is at a relatively early development stage and only their lending feature is available. So, it is worth trying out this feature and following them to try other features as they are released.

    Check out our Nostra ($NOS) token airdrop guide!

    StarkNet token airdrop eligibility criteria: Am I eligible?

    StarkNet has just released their token airdrop eligibility criteria! To see if you are eligible, simply connect your wallet HERE.

    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 StarkNet Foundation is currently planning out the distribution mechanism for the token, which means an airdrop is likely.

    Token Allocation: The STRK token has a total supply of 10 billion, 17% of which goes to investors, 32.9% goes to core contributors, and 50.1% to the StarkNet Foundation.

    Airdrop Difficulty: The mainnet is launching soon, which means the snapshot window is closing. But there are rumors that a second snapshot will take place after the mainnet launch, so it is recommended to use the most out of the mainnet.

    Token Utility: The STRK token has three main utilities: (1) staking to participate in StarkNet’s consensus mechanisms, (2) governance and voting, and (3) paying transaction fees.

    Token Lockup: Tokens allocated to shareholders, employees, and independent software developers will have a 4 year lockup period.

  • Arbitrum ($ARB) Token Airdrop: Arbitrum Odyssey how to guide

    Arbitrum ($ARB) Token Airdrop: Arbitrum Odyssey how to guide

    Arbitrum will airdrop over 1 billion $ARB tokens to its protocol users on March 23, 2023. The snapshot was taken in February, and at least three criteria must be met to qualify for the airdrop. Find out if you’re eligible and how to claim your Arbitrum token airdrop below.

    Check out our LayerZero Airdrop Guide for another highly anticipated token airdrop.

    Arbitrum ($ARB) Airdrop Step-by-step Guide

    Here’s how you can potentially claim your $ARB tokens faster and buy, sell, or trade your $ARB before everyone else:

    1. Make your own RPC endpoint on Alchemy.
    2. Pre-approve the token contract.
    3. Have sufficient ETH ready.
    4. Know where to trade $ARB.

    See below for more details.

    What is Arbitrum?

    Arbitrum is a layer-2 scaling solution designed to lower network congestion and transaction costs of Ethereum by offloading tons of computation and data storage from the main chain. It does this via the use of optimistic rollup — transactions on Ethereum are bundled up and transferred to a proprietary sidechain on Arbitrum (a secondary blockchain connected to the main chain). The transactions are then processed and sent back to the main chain after validation.

    source: ethereum.org

    What is an Optimistic Rollup?

    The optimistic rollup is the core element of Arbitrum. For those who do not know what an optimistic rollup is, we got you covered with a simple explanation.

    Optimistic rollups assume all transactions as valid, hence an “optimistic” outlook. There is a time period during which users can dispute any suspicious transactions contained in a bundle. If a fraudulent transaction is detected, a fraud proof is executed which basically runs the correct transaction computation using the data on the main chain.

    Since optimistic rollups do not perform any computation by default, it offers massive improvements in scalability. On the downside, potential fraud challenges of optimistic rollups could lead to delays in transactions, since progress comes to a halt until it the dispute is resolved.

    Arbitrum’s Version of Optimistic Rollup

    To provide context, optimistic rollups are compatible with the Ethereum Virtual Machine (EVM) and Solidity, which allow developers to port Ethereum-native smart contracts to rollups or even use existing tooling to create new decentralized applications (DApp). But for Arbitrum, it has its own virtual machine called Arbitrum Virtual Machine (AVM).

    Arbitrum’s AVM greatly improves optimistic rollups because it stores very little data on-chain for optimal scalability. Moreover, to address potential delays due to fraud challenges, the AVM uses pipelining to process multiple disputes, while verification nodes help speed up the process.

    This is called multi-round fraud proofs. Arbitrum uses a fine-combing approach to verify fraud proofs. It focuses on a particular point of disagreement over transaction history. Additionally, layer-2 transactions are not entirely executed on the main chain, rendering gas block limits irrelevant. As a result, this translates to higher network performance.

    Who is the Team behind Arbitrum?

    Arbitrum is developed by Offchain Labs, a New York-based startup committed to building innovative Ethereum scaling solutions. The company originated from the computer science research department of Princeton University, co-founded in 2018 by Harry Kalodner, Steven Goldfeder, and Ed Felten.

    In September 2021, Offchain Labs raised $120 million in a Series B funding round from the likes of Alameda Research, Pantera Capital, Lightspeed Venture Partners, and many other major crypto venture capitals. The team has since then expanded to a global community of developers, academics and operators, with deep experience in cryptography, decentralized systems, and game theory.

    Leading DApps on Arbitrum Ecosystem

    Arbitrum’s layer-2 network allows developers to build and deploy highly scalable smart contracts at low cost, while benefitting from Ethereum’s robust layer-one security. Since its launch last year, the Arbitrum ecosystem has greatly expanded, ranking 6th in all chains total value locked with 129 integrated protocols.

    source: news.cryptorank.io/

    Some of the top decentralized finance (DeFi) protocols include Uniswap, Curve, Aave, Balancer, and SushiSwap. Additionally, Arbitrum is not without its native protocols built on the blockchain which include GMX, Radiant, Dopex, and Vesta Finance.

    $ARB Token

    $ARB will solely function as a governance tool for the Arbitrum protocol, unlike ETH which is used to pay fees on both Ethereum and Arbitrum. The governance process of Arbitrum DAO will be autonomous, allowing votes to directly modify the core code of Arbitrum.

    The total supply will be 10 billion, with the Arbitrum community controlling 56%. The airdrop will distribute 12.75% (i.e. 1.275 billion $ARB) to eligible users on 23rd March 2023. The rest of the community tokens will be allocated to a treasury governed by the Arbitrum DAO, allowing ARB holders to vote on fund disbursement.

    The remaining 44% will be given to Offchain Labs’ investors and employees, who developed Arbitrum. These tokens will be subject to lock-up periods and vesting schedules. Notably, the proportion of ARB reserved for insiders is higher compared to similar projects, such as Optimism, which allocated 36% of its OP tokens to investors and core contributors.

    $ARB Airdrop Eligibility: How to claim Arbitrum $ARB token airdrop

    According to Nansen, 625,143 wallet addresses are eligible for the Arbiturm $ARB token airdrop. You can check on arbitrum.foundation to see if you are eligible. If you are eligible, Arbitrum will directly airdrop to your wallet on 23rd March 2023. There are 6 airdrop criteria, and at least 3 must be met based on a snapshot taken on 6th February 2023 in order to qualify for the airdrop:

    1. Bridge to Arbitrum

      Bridged assets into Arbitrum One or Arbitrum Nova.

    2. Transactions Over Time

      Conduct transactions at least 2 months prior to the snapshot taken in February. The longer the timeframe, the more tokens you will receive.

    3. Transaction Frequency and Interaction

      Conduct more than 4 transactions or interact with more than 4 smart contracts. The higher the number, the more tokens you will receive.

    4. Transaction Value

      Conduct transactions with more than $10,000 in aggregate value. The higher the value, the more tokens you will receive.

    5. Assets Bridged to Arbitrum One

      Deposit more than $10,000 worth of assets to Arbitrum One. The more assets you deposit, the more tokens you will receive.

    6. Activity on Arbitrum Nova

      Conduct more than 3 transactions on Arbitrum Nova. The more transactions are carried out, the more tokens you will receive.

    How to claim Arbitrum ($ARB) token faster?

    Arbitrum has confirmed its airdrop can be claimed on 23rd March 2023 when the Ethereum chain reaches block 16890400. It is very likely that the Arbitrum network will be very congested during that time as users are anxiously waiting to get their tokens to potentially trade on exchanges. However, there are ways to be faster at the Arbitrum airdrop claim, and how to buy, sell or trade your $ARB before anyone else. Note however this carries risks. You may risk ending up being slower than others, lose your gas fees and even your $ARB, so proceed with caution. Here’s how you can potentially claim your $ARB tokens faster and buy, sell, or trade your $ARB before others:

    1. Make your own RPC endpoint on Alchemy.
    2. Pre-approve the token contract.
    3. Have sufficient ETH ready.
    4. Know where to trade $ARB.

    Make your own RPC endpoint on Alchemy

    Here’s how to make your own RPC endpoint on Alchemy:

    1. Sign up for Alchemy here.
    2. Create an app for Arbitrum. Make sure you select “Arbitrum” under “Chain”.
    3. Click “View Key” on the main page. There, you will get an RPC https URL.
    4. Add a network on MetaMask. Go to “Settings”, “Networks”, “Add network” and “Add network manually”. Under “New RPC URL”, enter the RPC https URL from Alchemy. Then under “Chain ID” enter 42161, “ETH” as the Currency Symbol, and “https://arbiscan.io” under Block Explorer.

    Pre-approve the token contract

    To be even faster than everyone else in claiming $ARB, you can pre-approve the Arbitrum token contract on protocols such as 1inch and Uniswap. To do this, go to the $ARB smart contract and click “Write as Proxy”. Then, connect your wallet. Under spender, fill in the address for either Uniswap or 1inch. Finally, fill in the number of $ARB you want to trade with that smart contract. For example, filling in 20000000000000000000000 will mean you are approving 20,000 $ARB to be traded.

    Have sufficient ETH ready

    This is to pay for gas fees when trading $ARB. Note you will have to bridge your ETH to Arbitrum.

    Know where to trade $ARB

    These exchanges have confirmed they will offer trading for $ARB:

    • ByBit (Sign up here!)
    • Binance
    • Bitfinex
    • Kucoin
    • OKX
    • Bitmart
    • Bitfinex
    • Huobi
    • Bitget
    • Bitrue
    • Gate.io
    • MEXC

    Will there be another Arbitrum $ARB token airdrop?

    Arbitrum’s latest Tweet announces a return of the Arbitrum Odessey. The Arbitrum Odessey was a 7 week journey filled with tasks to complete in order to obtain badges. These badges are NFTs which may lead to future rewards.

    The upcoming round of Arbitrum Odyssey will begin on 26th September at 12:00pm EDT.

    Arbitrum Odyssey: How to guide

    The Arbitrum Odyssey is a new round of activites involving the Arbitrum ecosystem and a chance to collect custom badges starting on 26th September at 12:00pm EDT. There is speculation that participating in this 7-week journey may result in a potential airdrop as a reward. Here’s our ultimate how to guide to completing the tasks on the Arbitrum Odyssey.

    Week 1- Enter the Odyssey

    Go to the Arbitrum Galxe Page and complete any of the following tasks in their list. Then, mint your Enter The Odyssey NFT.

    Week 2- Signs of Life

    Here’s our how to guide for completing the tasks on week 2 of the Abritrum Odyssey

    • Complete tasks on Tofu NFT Galxe page. This includes following their Twitter and selling/buying an NFT on their platform.
    • To sell/buy an NFT on Tofu NFT, go to https://tofunft.com/arbi and connect your wallet. Scroll down to “Discover” and apply the following search filters: Type- Fixed price, Sort- Price: Low to High. Buy the cheapest NFT or list some NFTs for sale.
    • Mint your Signs of Life NFT.
    • Complete Pulsar in the Distance task on Galxe. Connect your wallet to Abroad Exchange. Deposit funds by clicking on the top right-hand corner and “Deposit”. Then, make a perpetual trade on Abroad Exchange. Be careful when trading because you may be at risk of liquidation, and you will be using real funds! Mint your Pulsar in the Distance NFT.

    Week 3- Pulsar in the Distance

    Here’s our how to guide for completing the tasks on week 3 of the Abritrum Odyssey

    Go to Abroad Exchange and deposit funds on the exchange. Then, make a perpetual trade. Note that you will be using actual funds for this. Finally, return to their Galxe page and mint your NFT.

    Arbitrum 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: Arbitrum will airdrop $ARB to eligible users on 23rd March 2023.

    Airdropped Token Allocation: 1.275 billion $ARB (12.75% of the total token supply) will be distributed in this airdrop.

    Airdrop Difficulty: The criteria listed are fairly easy to complete.

    Token Utility: The token will solely function as a governance tool for the Arbitrum protocol.

    Token Lockup: 44% of the tokens allocated to the team and investors are subject to a 4-year lockup.

    Frequently Asked Questions (FAQs)

    What is Arbitrum?

    Arbitrum is a layer-2 scaling solution. It aims to reduce Ethereum’s network congestion and transaction costs. Arbitrum does this by offloading computation and data storage from the main chain.

    When is the Arbitrum token launch?

    The Arbitrum token was launched on 23rd March 2023.

    How do I claim Arbitrum ($ARB) tokens?

    Arbitrum will airdrop $ARB tokens directly to your eligible wallet address via MetaMask, Trust Wallet, Coinbase Wallet, Brave or Ledger.

    How to be eligible for the Arbitrum ($ARB) airdrop?

    There are 6 airdrop criteria, and you must meet at least 3 to qualify for the airdrop: (1) bridged to Arbitrum One or Arbitrum Nova, (2) conduct transactions at least two months before the snapshot in February, (3) conduct at least 4 transactions or interact with at least 4 smart contracts, (4) conduct transactions with at least $10,000 in aggregate value, (5) deposit at least $10,000 on Arbitrum One, (6) conduct at least 3 transactions on Arbitrum Nova.

    How do I check if I am eligible for the Arbitrum ($ARB) airdrop?

    To check your eligibility, go to arbitrum.foundation and connect your wallet. Then click “Check eligibility”.

    When can I claim the Arbitrum $ARB token airdrop?

    the $ARB token airdrop can be claimed on 23rd March 2023 when the Ethereum chain reaches block 16890400

    What is the fastest way to claim the Arbitrum $ARB token airdrop?

    Here’s how you can potentially claim your $ARB tokens faster and buy, sell, or trade your $ARB before others:
    1. Make your own RPC endpoint on Alchemy.
    2. Pre-approve the contract.
    3. Have sufficient ETH ready.
    4. Know where to trade $ARB.

    Note however this carries risks. You may risk ending up being slower than others, lose your gas fees and even your $ARB, so proceed with caution.

    Where can I buy Arbitrum token?

    You can buy, sell or trade the Arbitrum token on following cryptocurrency exchanges: ByBit (Sign up here!), Binance, Bitfinex, Kucoin, OKX, Bitmart, Bitfinex, Huobi, Bitget, Bitrue, Gate.io, MEXC.

    What is the Arbitrum token price?

    As of 24th March 2023, Arbitrum token price is US$1.40. Its all-time high price was US$8.67, and an all-time low of US$1.11.

    What is the Arbitrum token contract?

    The Arbitrum token contract is: 0x912ce59144191c1204e64559fe8253a0e49e6548