Make sense of the news and how it affects the blockchain space as a whole. Crypto trends is a collection of relevant news and insights to help you make an informed decision.
Tabi Chain ($TABI) is a scalable, EVM-compatible blockchain built on Cosmos SDK and CometBFT consensus engine, offering fast finality and high transaction throughput for Ethereum ecosystem interoperability. They just launched the Tabi Chain Testnet, and there’s a strong chance early participants can qualify for airdrops. Their Galxe quest page just went live and the OAT is claimed on a first come first served basis. Here is our Tabi Chain ($TABI) token airdrop guide.
Check out our step-by-step guide!
https://youtube.com/live/vkbAtJxCQ1M
What is Tabi Chain ($TABI)?
Tabi Chain is creating a fresh gaming blockchain within the Cosmos ecosystem that works with existing systems and is easy for many people to use. Their aim is to set higher standards for how popular blockchain gaming can become. Here are Tabi Chain’s main features:
EVM Compatibility: Tabi Chain is fully compatible with the Ethereum Virtual Machine, allowing developers to use existing Ethereum tools and software.
Cosmos SDK & CometBFT: It’s built on the Cosmos SDK and uses CometBFT (a fork of Tendermint Core) for fast finality and high transaction throughput.
Sovereign Blockchain: As a Cosmos chain, Tabi Chain is an independent blockchain with its own native token and connects to other chains through IBC.
ABCI Application: Tabi Chain showcases the use of the Application Blockchain Interface (ABCI) to replace Ethereum’s PoW consensus with CometBFT’s engine.
How to get the Tabi Chain ($TABI) token airdrop
Here’s our guide on how to get the potential Tabi Chain ($TABI) token airdrop.
Claim the OAT on the Tabi Chain Galxe page
Connect your wallet to the Tabi Chain Galxe page and complete the tasks. Tasks include social tasks and requesting testnet $TABI tokens from the Tabi Chain faucet. Claim the OAT once you have completed the tasks. Note it is first come first serve so you need to act fast!
Add Tabi Chain testnet network to wallet
To see your testnet $TABI tokens, you will need to add the Tabi Chain testnet network to your wallet. To add the Tabi Chain testnet network to your wallet, go to the Tabi Chain testnet explorer, scroll down to the bottom of the page and click “Add Tabi testnet”.
Complete Tabi Chain voyage
Go to the Tabi Chain voyage page and complete the Sailor’s Quest, Invite Quest and Reddit Quest. These are mostly social tasks and to connect your Reddit account.
Stay updated!
Follow Tabi Chain on their social media channels to stay up to date with their latest news. The Tabi Chain testnet (phase 1) will be coming soon!
BloodLoop ($BLS) is a first hero-shooter game built on Avalanche that leverages the power of NFTs and DeFi economy. They will be launching a Play-to-Airdrop campaign in April 2024 where participants can play the game to earn $BLS tokens. There will also be an IDO (Initial DEX Offering) on Seedify in March 2024. Here is our BloodLoop ($BLS) token airdrop guide.
Check out our step by step guide!
https://youtube.com/live/5226uo2kjR4
What is BloodLoop ($BLS)?
BloodLoop is a 5v5 shooter game that immerses players within a dynamic third-person shooter experience. Here are its main features:
Game Overview: BloodLoop is the first 5v5 Hero-Shooter game built with web3 technology, designed as a bridge between web2 and web3.
Blockchain Integration: It uses a custom blockchain based on Avalanche Subnets to ensure a seamless user experience for both crypto-native and non-crypto users.
Gameplay Focus: The game emphasizes unique gameplay dynamics and team synergies, offering strategic 5v5 battles, all-on-all confrontations, and competitive matches.
Economic System: BloodLoop includes an economic system that allows players to earn real value for their time and skills through gameplay.
BloodLoop is backed by Neo Tokyo Alex Becker, Ava Labs and Seedify. Both Ava Labs and Seedify will be hosting and conducting the private and public token sale and IDO.
How to get the BloodLoop ($BLS) token airdrop?
Time needed: 9 minutes
Here’s a step by step guide on how to get the potential BloodLoop ($BLS) token airdrop.
Register username
Go to https://bloodloop.com/onboard?ref=numberfive and register for a BloodLoop username. Once you have entered your email and preferred name, you will need to come back in the next 7 days to claim your Daily Energy. This will allow you to unlock your Play-to-Airdrop pass. Registration will likely remain live until mid April 2024 when the game launches. Afterwards, you can also invite your friends to earn a share of the 200,000 $BLS promotional pool.
Participate in the Play-to-Airdrop campaign
Participate in the Play-to-Airdrop campaign. If you had minted a BloodLoop S.E.M. Capsule NFT earlier, you are already eligible to join the Play-to-Airdrop campaign. Those who didn’t mint the NFT can still join the campaign by purchasing a ticket each week on Sesame, using point entered by completing future quests.
Complete quests on Sesame Labs
Go to https://sesamelabs.xyz/bloodloop/?referrerCode=sFPIDsuUfAQ and complete the quests. These are social tasks and you will need to upload a screenshot showing you have completed the task for verification. You will earn Play-to-Airdrop credits for completing the tasks. All holders of at least one raffle ticket will have guaranteed access to the first Play 2 Airdrop playtest.
Join playtest in mid-April 2024
Wait for the game, aka playtest, to be released in mid-April 2024. Play the game, complete tasks, and have fun to earn BLS tokens.
Optional: Stake S.E.M. capsule
If you managed to mint or buy the BloodLoop S.E.M. Capsule NFTs, you can stake your S.E.M capsules to earn points that will be converted to $BLS tokens. You can stake your S.E.M. capsule at https://app.bloodloop.com/.
Holoworld ($HOLO) is a decentralized social platform built by Hologram Labs and allows uses to create their own virtual character using AI. They have recently been accepted into Binance Labs’ MVB Accelerator Program. Holoworld has also recently launched a reward program for early users, which could mean a potential airdrop. Here is our Holoworld ($HOLO) token airdrop guide.
Holoworld AI ($HOLO) Potential Airdrop: Backed by Binance CONFIRMED
What is Holoworld ($HOLO)?
Holoworld is an innovative platform that allows users to:
Create Virtual Characters: Design your own characters, from their personality to their appearance.
Interact with AI: Engage with virtual characters using artificial intelligence.
Build a VTuber: Develop your own virtual YouTuber and share content across various platforms.
Accessible Platform: Use Holoworld on both desktop and mobile devices, with helpful guides for easy character creation.
Holoworld is backed by investors such as Polychain Capital. Holoworld has also recently been accepted into Season 7 of Binance Labs MVB Accelerator Program, which is a 10-week accelerator program jointly run by BNB Chain, Binance Labs, and CMC Labs. At the end of the 10-week accelerator program, project teams will showcase and pitch their projects to investors at Binance Labs’ Demo Day. Binance Labs will then make an investment decision on selected top performing project teams.
Will there be a Holoworld ($HOLO) airdrop?
Holoworld have not announced plans for a token YET. However, since they were accepted into Binance Labs’ MVB Accelerator Program and are backed by Polychain Capital, it is likely they will launch a token in order to ensure investors get a return on investment. Holoworld have also announced a reward program shortly after being accepted into Binance Labs’ MVB Accelerator Program, which also suggests they will do an airdrop.
How to get a potential Holoworld ($HOLO) token airdrop?
Here’s our guide on how to get a potential Holoworld ($HOLO) token airdrop
Create a username for your account that is branded nicely to attract other users.
Create AI avatar
Set up your profile by creating your AI avatar. Start by creating the brain of your character There is an option to connect your Twitter account. However, we have been experiencing problems with this which may be an API issue. So, for now just complete the questionnaire where they will ask you questions about your AI avatar. Then, customize your character’s appearance, including selecting a voice and describing the character. Preview your character and interact with it through chat. Finally, save your character and remember to set it to public for others to interact with.
Participate in reward program
Head to the ‘Earn’ section on the website to participate in the reward program. Complete novice and daily quests to earn crystals. Daily tasks include checking in and chatting with characters to earn more crystals. There are also weekly tasks, including having valid conversations with Web3 characters like Arthur Hayes and Mozzy etc.
Claim rewards
Claim rewards such as the standard pass in the special area and share your referral link to earn more crystals. 12. Use crystals to vote for your favorite character and participate in the prize pool. 13. Keep an eye on the utility of crystals for future updates on their use within the platform. 14. Utilize your referral link to invite friends to join and earn extra crystals when your AI bot is used.
Vote for your favourite character
Vote for your favourite character and participate in the prize pool. Not you will need to use crystals for voting.
Refer friends!
Utilize your referral link to invite friends to join and earn extra crystals when your AI bot is used.
MON Protocol allows users to bring their favourite games and characters on chain. MON Protocol have confirmed they will be airdropping 30% of their total $MON token supply to quest participants. With notable backers such as Animoca Brands and Merit Circle, MON Protocol has the potential to be as massive as Pixels ($PIXEL)! Here is our MON Protocol ($MON) token airdrop guide.
Check out our step-by-step guide!
https://youtube.com/live/jDJ85cDy6HM
What is MON Protocol?
MON Protocol aims to be the future of IP governance. In particular, their goal is to bring games and gaming characters on-chain. The project will be launching later this year in partnership with Pixelmon. MON Protocol has a strong lineup of backers including Animoca Ventures, Delphi Ventures, Spartan, Merit Cricle and many others. As a result, many consider MON Protocol to have the potential to be as massive as Pixels ($PIXEL).
What is the MON Protocol ($MON) token?
The $MON token is the native token of MON Protocol. It will be issued as an ERC-20 token and at TGE, 1 billion $MON will be created. The $MON token will have the following uses:
$MON will be used as the preferred gaming currency for all Pixelmon games, as well as in-game player and tournament rewards;
Fractionized IP for licensing flows;
Airdrop and mission rewards;
IP and ecosystem fund governance;
launching blockchain native IPs; and
creator grants.
Will MON Protocol do a $MON token airdrop?
MON Protocol have essentially confirmed they will do a token airdrop in their tokenomics. The team have confirmed they will be allocating 30% of their total token supply towards their Community Claim program. In MON Protocol’s Community Claim program, 5% of the total $MON token supply will be claimable at their TGE by members of the Pixelmon Community. The airdrop mechanics will be calculated based on NFT rarity, badges, and relics obtained in their Party Quests. The remaining 25% of the total $MON supply will be vested over a 30-month period with an initial cliff decided by the MON Protocol team. The vesting will be non-linear and adjusted by the team over time.
How to get the MON Protocol ($MON) token airdrop?
Time needed: 20 minutes
Here’s how to get the MON Protocol ($MON) token airdrop.
Connect to MON Missions
Connect your Twitter account to https://app.monprotocol.ai/questing. You will earn 200 points for doing this. Then, enter our referral code RonBoxmining for an extra 200 points!
Complete daily spin
Click “SPIN” every day and stand a chance to earn more points!
Complete missions
Complete the tasks such as interacting with the specified posts and linking your EVM wallet within the given time. Make sure to complete any daily tasks for additional points. You can earn 12,000 points for completing these missions.
Invite users to join MON Protocol
Share your referral link with others to earn more points.
tea Protocol ($TEA) is a decentralized protocol that rewards people who create and maintain open-source software. It helps make sure that these developers get recognized for their hard work, and it keeps the software world reliable and secure. In our previous video, we’ve reminded you to sign up for the waitlist. Now the incentivized testnet has just launched and you can now start completing tasks. More importantly, they have confirmed they will do an airdrop when its mainnet and $TEA token launches on 12th June 2024! Here is our tea Protocol ($TEA) token airdrop guide.
Check out our step-by-step guide!
https://www.youtube.com/watch?v=71MPf2VGQ3E
What is Tea ($TEA)?
tea is a decentralized protocol that aims to reward open-source developers for their contributions to the software supply chain.
tea uses a Proof of Contribution algorithm to measure the impact and value of each open-source project and distribute TEA tokens accordingly.
tea also incorporates a reputation system and a staking and slashing mechanism to ensure the quality and security of the open-source software and prevent malicious attacks.
tea enables package maintainers, users, supporters, and tasters to participate in the protocol and benefit from the open-source economy.
tea is governed by a decentralized autonomous organization (DAO) that allows active contributors to propose and vote on protocol parameters and features.
What is the Tea ($TEA) token?
Here are the main features of the tea Protocol ($TEA) token:
A cryptographic token for the tea Protocol: The TEA token serves as the access key to certain parts and features of the tea Protocol, a decentralized system for rewarding and securing open-source software.
A medium of exchange and reward: The TEA token can be used to contribute to the security of the software supply chain by challenging and reviewing packages, to reward the open-source developers of registered projects, and to participate in the governance of the tea Protocol.
A staking mechanism: The TEA token can be staked by package maintainers, supporters, and tea tasters to demonstrate their commitment and reputation, as well as to influence the distribution of rewards and penalties within the protocol.
A fixed supply token: $TEA has a maximum supply of 10 billion, which will be distributed across various stakeholders according to a predefined schedule. The token distribution and emission will be the subject of a dedicated technical paper.
Will there be a tea ($TEA) token airdrop?
tea have already announced the details of their tea ($TEA) token airdrop. tea have confirmed they will be an airdrop and that the points you earn by doing the incentivized testnet tasks will be converted to the airdrop. Also, their mainnet and $TEA token will launch on 12th June 2024. So, it is expected that participants will get their airdropped $TEA tokens then. As a general tea testnet participant you can get a maximum of around 1,000 points for doing tasks. But you can get a lot more if you complete the tasks that requires you to be a top developer on their protocol.
Click on your profile and navigate to the “Settings” section. Add your email address and complete the required information such as giving them a bit of information about yourself. You will earn points for doing this. We recommend you do this ASAP as there is a limited time 5x point boost for completing this.
Check task status on dashboard
Go to the tea Testnet dashboard by clicking the second button on your left. Here, you will see a lists of the quests to be completed.
Get Discord roles
Join the tea Protocol Discord. Earn XP points from posting and completing activities such as social engagement and answering questions. XP Points will be awarded every Monday for the previous week. You can earn roles after getting more than a certain number of XP Points.
Optional: Get a top 10% rated project on tea Protocol.
If you are a developer, register your open-source project on tea Protocol by going to “my OSS projects” and clicking “Register a New OSS Project”. Make sure your project has contributors and dependencies, as these are essential for eligibility. If your project earns a teaRank in the top 10% you can get 25,000 points!!
Chinese New Year (Lunar New Year) has a strong influence on cryptocurrency prices, with Bitcoin prices decreasing in the months leading up to the New Year. This article examines the trend and the possible reasons why it happens. Chinese New Year is celebrated on a different day each year as it is based on the Lunar Calendar.
This year, Chinese New Year will begin on 10 February and end on 13 February. During this time many Chinese Over-the-Counter (OTC) services will be closed – leading to high crypto volatility.
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*Data based on Bitcoin Prices on CoinGecko. Pre-CNY Highs taken as average candle price up to 7 days before the New Year.
This period is a public holiday in China, as many employees make the annual trip back to their hometowns to celebrate with their families. With a population of 1.386 billion, this represents the largest short-term migration in the world. During this time, I also came across some fascinating information about the best Plinko gambling sites, which offer unique and engaging gaming experiences for enthusiasts. All factories in China close during this period, with operations frozen for up to 2 weeks as logistics companies and suppliers slowly open up. Chinese New Year is also celebrated in other Asian countries such as Hong Kong, Singapore, and Korea (Korean New Year). China will also be rolling out a feature allowing people to send red packets containing its digital currency eCNY/DCEP. However, it’s important to note that during this time cryptocurrency exchanges will still operate and facilitate trading around the clock.
Chinese New Year Dump in 2019, 2020, 2021, 2022 and 2023?
Bitcoin prices would almost always drop in the weeks leading up to Chinese New Year.
For example, in 2019, Bitcoin prices dropped steadily from $3,491 right before the Chinese New Year to lows of $3,397 during the holiday.
In 2020, prices fell below the USD$8.3k resistance before Chinese New Year. There was a recovery back to USD$8.5k on the first day of the holidays. However, history cannot help but repeat itself, and within the same day plummeted back below USD$8.3k. Prices then remained stagnant and only made a marked recovery on the last day of the holidays.
In 2021, the tides seemed to have turned with a gradual increase from $32k to $39k in the first week of February, and a huge 2-day rally up to $48k in the few days leading up to the festival. However, during Chinese New Year, prices still began retracing to $46.2k. Fortunately, this did not wipe out the pre-Chinese New Year rally.
2021 Chinese New Year Bitcoin prices (Source: CoinGecko)
In 2022, prices took a sharp nosedive to sub USD$37 levels just before the holidays. Bitcoin prices then rose sharply towards a peak of over USD$39k midway through the Chinese New Year holidays. However, this euphoria was short-lived, and prices took a steep tumble to USD$36.5k on the last day of the Chinese New Year holidays. Essentially undoing the initial price rally a few days prior.
In 2023, prices pumped 1 day before the new year, ringing in a high of US$23,282.40 on the 1st day of Chinese New Year. Prices fluctuated between the US$22,500 and US$23,000 range during the duration of the holidays. However, ultimately closing at US$22,437.68.
Why do Bitcoin prices dump during Chinese New Year?
Decrease in Trading Volume?
Data compiled by CoinDesk Research shows the trading volumes on Binance, Huobi, and OKEx –the most popular cryptocurrency exchanges catering to Chinese customers – were down during the Chinese New Year period. A decrease in trading volume can also be seen during October each year when Golden Week (a 1-week celebration for National Day) in China takes place.
When large numbers of highly leveraged traders all bet on Bitcoin prices moving one way it creates an opportunity for other large investors (whales) to move prices in the other direction. Doing so triggers a cascade of liquidations, sending Bitcoin’s price into free fall and creating huge paper losses for leveraged long traders. The whales are then free to “buy the dip” at the expense of “rekt” traders.
Market Makers on Holiday
It is no secret that market makers and trading bots operate in the Cryptocurrency market – in fact, they are responsible for a portion of the market volume. Market makers located in China and other Asian countries will shut down operations for 3-5 days due to public holidays. Even though market making can be automated by trading bots and algorithms, it still requires humans to watch over the daily operation to make sure the is no malfunction.
During the Chinese New Year, market-making operations will be limited in capacity. This leads to more volatile and less liquid markets.
Cashing out for the New Year
One of the possible reasons for the dip in Bitcoin prices is that people are “Cashing out” for the holidays. This is especially true in China because, during the festival, lucky packets packed with cash are traditionally given out to children and the elderly. These “red packets” are meant to symbolise luck and prosperity and is the only time when giving cash is not taboo in China.
Tradition dictates that married couples should give out red packets to young unmarried children, elderly and service personnel. Company Executives and managers should also give money to their subordinates – with some packets being filled to as much as the employee’s monthly wage.
Due to the huge amount of cash money required, some suspect that this tradition is responsible for the increase in Bitcoin Sell orders before Chinese New Year.
Chinese OTC Volume Drops
Bitcoin is traded in China via Over the Counter (OTC) desks. These OTC desks match orders from buyers and sellers and can offer escrow services. Top desks include Binance OTC and Huobi OTC.
Chinese New Year 2024 Bitcoin price predictions?
This year, Chinese analysts are already looking into the future and are optimistic for Bitcoin prices in the month after the Chinese New Year. They note that Bitcoin prices have generally gone up in the month after Chinese New Year. For example, in 2023, Bitcoin prices went up by 11.15% in the month after the new year, 13.9% increase in 2022, and 30.18%(!!) increase in 2021.
Prices have already been on the rise since 23rd January 2024 where prices were a at a low of US$38,678.18. Prices have been skyrocketing since 7th February 2024, and have crossed the US$46,000 on 9th February 2024! This was already predicted by some analysts on Weibo, saying that prices will not dip, and to welcome the bull market during Chinese New Year.
Crypto analysts have found that Bitcoin prices would almost always drop in the weeks leading up to the Chinese New Year. Hence in the weeks before and during the “Chinese New Year Dump”, traders expect huge volatility in crypto prices.
Why is there a Chinese New Year Bitcoin dump?
Chinese New Year marks the longest extended holiday in China. This period marks the world’s largest short-term migration as people return to their hometowns to visit family. People also cash out to send money back to their families and gift children “red packets”. Therefore, crypto prices dump during Chinese New Year as there is lower trading volume when everyone has “cashed out” their crypto or is busy celebrating.
When is Chinese New Year in 2024?
This year, Chinese New Year will begin on 10 February and end on 13 February.
Metis is an Ethereum Layer 2 Rollup platform that aims to address the issues of transaction speed, cost, and scalability in the Ethereum network by providing simple and fast smart contract deployment. Metis has announced a points system airdrop for their community testing community. Metis just completed season 2 of its incentivized testnet and are now pivoting to mainnet. However, there are still more tasks to be done and points to be earned for the airdrop with their Layer 3 Quests. Here’s our Metis ($METIS) token airdrop guide.
Check out our Metis ($METIS) airdrop guide!
Metis Airdrop Guide: EFFICIENT Route for Layer3 Quests
Metis is an Ethereum Layer 2 Rollup platform that aims to address the issues of transaction speed, cost, and scalability in the Ethereum network by providing simple and fast smart contract deployment. The platform offers several solutions to solve the big challenges faced by the Ethereum Mainnet, including multiple VMs and sequencers, DACs that can manage their organizations independently, separation of computing and storage, private native storage layer, and fast transactions at around 2,000 TPS with low gas fees.
Will there be a Metis airdrop?
Although Metis’ Season 1 airdrop is ongoing, it will end soon. Their Season 1 airdrop focuses on Community Testing, where anyone can contribute without any coding knowledge required! Metis Season 1 gets users to explore the decentralised applications (DApps) on the Sepolia testnet and earn points by completing tasks. Moreover, they have confirmed that they will be doing a Season 2 airdrop. However, no details have been announced for Season 2 yet.
How to do the Metis Layer 3 Quests for airdrops: Best route
Time needed: 1 hour and 30 minutes
Here’s our guide on how to do the Metis Layer 3 Quests and we show you the BEST route to do this.
You will need $METIS tokens to claim the incentivized testnet NFT and complete the mainnet tasks. You can buy $METIS tokens on exchanges such as BingX, OKX or Gate.io.
You could complete all 7 Metis mainnet tasks with just $30 worth of $METIS. However, this will require you to withdraw your funds out of the protocol after completing each task and then moving it to the next one. On the other hand, if you do not mind leaving the funds on the protocols after each task, you will need around $90 of $METIS.
Bridge to Metis
Bridge US$25 to the $METIS ecosystem. Use the Synapse bridge to bridge from BNB chain to Metis as this is the cheapest option for gas fees. You will also receive a bit of $METIS for gas. Make sure this is enough to cover your gas fees for claiming the incentivsed testnet NFT in step 6 below.
Swap and LP on Metis
Swap 10 USDC or USDT to any token on Metis using Hermes, Hummus or Netswap. We recommend swapping to $METIS. Then, add liquidity on Unimaia, you can choose from the METIS/USDC, ETH/METIS OR ETH/USDC pools. Then, take your funds back out so you can use it for other quests.
Claim incentivised testnet NFT
If you participated in the testnet airdrop, you are eligible to claim your NFT at https://decentralize.metis.io/. There are 3 tiers of NFTs: Elite, Based and Good. Which NFT you are eligible to claim will depend on your point score in Season 2.
Note you will need $METIS to pay for gas fees when claiming the NFT. Many participants will not have enough $METIS to pay the gas fees if they claim the NFT first. Therefore, we recommend participants do the swap first before claiming your NFT. Or, you can buy $METIS tokens on exchanges such as BingX, OKX or Gate.io.
Lend at least $10 worth of assets to Aave ($METIS or $WETH) or Granary Finance ($METIS, $WETH or $WBTC) on the Metis network.
Beefy vaults on Metis
Deposit at least $20 m.USDC-m.USDT into Beefy vault. You will need to keep your funds there for 3 days to qualify for completing this task.
Aggregate on Metis
For this task, you need to hold some $METIS in your wallet for gas. Then, go to https://app.openocean.finance/classic and swap at least 20 m.USDT or m.USDC to any other token (we suggest $METIS).
Perps on Metis
Go to https://tethys.finance/trade and deposit at least 10 $METIS. Then, enable leverage and open a long or short position. Finally, close your position.
The Future of Metis
This final task is a quiz and several social tasks. There are 2 questions in the quiz. Here are the answers to The Future of Metis quiz: 1. Building an interoperable blockchain for all L1’s, L2’s and IoT devices. 2. Interoperability and efficiency.
How to get season 2 of the Metis token airdrop?
Here’s how to get Season 2 of the Metis token airdrop:
Connect to Metis at https://decentralize.metis.io/#szn2. Make sure you are on the Metis Sepolia network, not the mainnet. If you can’t find the network on your wallet, add the Metis Sepolia network details here.
Claim testnet $METIS and $ENKI tokens by clicking on “Faucet” on the top of the page. Select the type of token you want, enter your wallet address and click “Drip”. Claim both $METIS and $ENKI. However, note you can only claim once.
Spin the wheel on the main page. Select the number of spins you wish to buy for 0.5 $METIS each. Then click “Spin” to spin the wheel for rewards!
Submit $METIS to mint $eMETIS by clicking “Mint&Stake” at the top of the screen. Then, go to the “Mint” tab. Select the amount of $METIS you wish to submit. Then click “Approve” and “Mint&Stake”. Note you need to wait 7 days before your $eMETIS staking rewards will begin.
Stake $eMETIS to get $seMETIS by going to the “Stake” tab. Select the amount of $eMETIS you wish to stake. Then click “Stake”. You will earn $seMETIS.
Stake $ENKI tokens to vest $eMETIS rewards. On Enki, click “Mint&Stake” at the top of the screen. Then click the “Stake” tab and scroll down until you see the “Vest” section. Select the amount of $ENKI you wish to stake and click “Stake”. We suggest staking half your $ENKI tokens.
Season 2 of the Metis airdrop has ended on 18th February 2024. Depending on how many points you get, you may have a chance to get a share of the 6 million $METIS token airdrop. However, Metis has said you can increase your chances of getting more $METIS tokens by taking part in mainnet activities on Layer 3.
BONUS: Get more $METIS with Layer 3
Metis has said you can increase your chances of getting an airdrop by taking part in mainnet activities in Layer 3. Here’s how to increase your Metis airdrop with Layer 3:
Here’s our guide on how to get Season 1 of the Metis token airdrop:
Connect to Metis: Connect your wallet to the Metis Sepolia testnet. Make sure you are on the Metis Sepolia network, not the mainnet. If you can’t find the network on your wallet, add the Metis Sepolia network details here.
Claim testnet tokens: Click on “Claim Tokens” on the main page to visit the Metis testnet faucet and claim some tMetis testnet tokens. The process may take some time, so be patient.
Swap and add liquidity on Netswap: Go to the Netswap dApp by clicking “Netswap” on the main page. Make sure your wallet is connected to the Metis Sepolia testnet network. Click “Trade” on the top bar and “Swap”. Then, swap a small amount of tMetis tokens for NETT tokens. We recommend swapping around 0.00005 tMetis. To add liquidity on Netswap, click “Trade” on the top bar and “Pool”. On the page, click “Create Pool”. Deposit as little tMetis and NETT tokens as possible.
Enter the lottery on Midas: Visit the Midas DApp on the testnet. Ensure that your wallet is connected to the Metis Sepolia network. Buy a lottery ticket to earn points. Tickets cost 0.1 tMetis.
Swap tokens, open a leveraged position and add TLP liquidity on Tethys: Connect to the Tethys dApp. Make sure your wallet is connected to the Metis Sepolia network. Complete three tasks: swap tokens, open a long or short position with leverage, and add TLP liquidity. To swap tokens, go to “Trade” and click “Swap” on the right hand side. Swap some tMetis for USDC. To open a long and short position with leverage, go to “Trade” and choose a long or short position. This may be a good way to get more tMetis tokens! To add TLP liquidity, click the “Liquidity” tab at the top and buy some TLP with tMetis. Then, click on “Staking” on the left hand side. Note that this function shows a blank page right now so check back later.
Swap tokens and provide LP on Hummus: Access the Hummus Exchange dApp on the testnet. Connect your wallet to the Metis Sepolia network. Swap tokens from Metis to m.USDC. Then, to provide LP, click on “Pool” at the top of the screen. Deposit tokens into the pools.
Metis token 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 Metis Season 2 airdrop is now live!
Airdropped token allocation: The Metis team has currently allocated 11.5% of the total $METIS token supply towards airdrops and has not yet airdropped 5.5%.
Airdrop difficulty: Metis uses the Sepolia testnet for all tasks, so no real funds are involved. However, the dApps are quite buggy and you may need to check back occasionally in order to complete tasks.
Token utility: The $METIS token facilitates transactions, incentivizes network participants, and powers governance mechanisms within the Metis ecosystem.
Stride is a blockchain that allows users to liquidate their staked tokens from any Cosmos chain and earn both staking and DeFi yields. They recently announced their stDYDX AND stTIA airdrop. This means TWO AIRDROPS! Here is our Stride ($STRD) token airdrop guide.
Check out our Stride $STRD token airdrop video guide!
https://youtube.com/live/nZRW1tJ2z3s
ANOTHER Stride ($STRD) Airdrop for TIA Stakers!!
What is Stride?
Stride provides liquidity for staked tokens from any Cosmos chain. Here are some major features of Stride:
Liquid Staking: A process that allows users to earn both staking and DeFi yields by converting their native tokens into staked tokens (st-Tokens) that can be freely traded and redeemed.
Supported Chains: Stride supports liquid staking for 10 Cosmos chains currently and plans to onboard more than 40 additional chains in the next 12 months.
Governance: Stride allows anyone to propose onboarding a new chain through a governance vote, which will automatically onboard the new chain if passed.
What is the Stride ($STRD) token?
Stride ($STRD) is the native token of Stride protocol, which redirects 8.5% of staking rewards from all liquid staked tokens to STRD stakers. STRD launched in September 2022 and has a current TVL of $85M. Here are the key features of the Stride ($STRD) token:
Decision-making: The STRD token allows holders to participate in important decisions within the Stride Zone. These decisions include:
Allocating staked tokens to each validator.
Onboarding new validators.
Implementing protocol modifications and enhancements.
Staking Rewards: Users can stake their tokens using Stride and earn staking rewards while retaining liquidity in the form of stTokens. These stTokens can be redeemed for the original token at a 1:1 ratio.
Voting Power: Holders of STRD tokens can vote on critical matters, such as distribution of staked tokens, validator onboarding, and other protocol upgrades.
Security: STRD tokens can also be staked to secure the Stride Appchain.
Will there be a Stride token airdrop?
Stride have confirmed they will be doing two airdrops for stDYDX holders, as well as stTIA holders.
For the airdrop to stDYDX holders, 150,000 STRD will be airdropped to users who hold stDYDX over the next 120 days starting from 6 February 2024. Snapshots will be taken daily to track the amount and duration of stDYDX held by each address. To be eligible, you will need a Cosmos address that holds stDYDX. Users can get stDYDX by liquid staking DYDX using the Stride protocol app or by acquiring it on a DEX. Users can also use stDYDX in any Cosmos DeFi app or transfer it to any Cosmos chain via IBC, as long as they keep the same private key. For the airdrop, users will receive a share of the STRD airdrop proportional to how much stDYDX they held and for how many days.
For the airdrop to stTIA holders, 5 million $STRD (i.e. 5% of the total maximum supply) will be airdropped to stTIA holders. The airdrop will start on 1st February 2024 and last for 150 days. Snapshots will be taken every day to check users’ stTIA holdings. The airdrop allocation is frontloaded in the first 60 days where users will get a 2x bonus for holding stTIA on the Stride blockchain. After 10:00 UTC on 5th February 2024 however, users holding stTIA on Osmosis and Neutron chains will also qualify for the airdrop. This includes the stTIA/TIA pools on both the Osmosis DEX and Astroport Neutron. Users will get allocate a share of the airdrop. However, the STRD tokens only becomes claimable and fully liquid 180 days after allocation.
How to get the Stride ($STRD) token airdrop
Here’s how to get the Stride ($STRD) token airdrop for both stDYDX holders and stTIA holders
Fund wallet with DYDX
Fund your Leap or Keplr wallet with DYDX
Get stDYDX
To get stDYDX, go to the Stride protocol app and stake your DYDX to get stDYDX. Alternatively, if you do not want to stake DYDX, simply swap DYDX for stDYDX on a DEX such as Osmosis.
Hold stDYDX
Hold your stDYDX in your Keplr or Leap wallet. You can also use the stDYDX within any Cosmos DeFi application or transfer it across various Cosmos blockchains using IBC. However, your stDYDX must remain in the same Cosmos address with the same private key.
Fund wallet with TIA
Fund your Leap or Keplr wallet with TIA.
Get stTIA
To get stTIA, go to the Stride protocol app and stake your TIA to get stTIA. Alternatively, if you do not want to stake TIA, simply swap TIA for stTIA on a DEX such as Osmosis.
Hold stTIA
Hold your stTIA on the Stride blockchain for the first 60 days starting from 1st February 2024 as users will get a 2x bonus for doing this. After 10:00 UTC on 5th February 2024 however, users can also hold their stTIA tokens on Osmosis and Neutron blockchains. This includes both stTIA and TIA held in the Osmosis DEX pool #1428 and the Astroport DEX stTIA/TIA pool.
Stride ($STRD) token 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: Both the stDYDX and stTIA holder airdrops are now LIVE!
Airdropped token allocation: 150,000 STRD will be airdopped to stDYDX holders. Also, 5 million STRD (5% of total max supply) will be airdropped to stTIA holders.
Airdrop difficulty: Both airdrops are very simple and only require you to hold the stDYDX and stTIA tokens.
Token utility: The $STRD token is used for governance, enabling voting, staking and participation in protocol decisions.
Token lockup: STRD tokens only becomes claimable and fully liquid 180 days after allocation.
Wen ($WEN) is known as a community created coin to “immortalize wen culture”. Their airdrop claim has recently closed, and many users were able to get $WEN tokens. So, the next question is how to maximise your WEN token gains and keep the airdrop snowball rolling? Here is our WEN token airdrop guide on how to get 4 more airdrops by staking $WEN tokens.
Check out our WEN token airdrop guide- Stake $WEN for 4 AIRDROPS!!
https://youtube.com/live/lbMaJWxSwN0
Stake $WEN for 4 AIRDROPS!! (How it’s going so far)
What is WEN?
The creators of Wen divided @weremeow’s poem ‘A Love Letter to Wen Bros’ into a trillion pieces that can be traded like regular Solana tokens. Each WEN token represents a proportionate share of ownership in Meow’s poem. Here are the key features of Wen:
WEN: WEN is a token that represents proportional ownership in a poem by @weremeow called ‘A Love Letter to Wen Bros’.
Poem: The poem is a tribute to the Wen Bros, a group of Solana enthusiasts who are known for their memes and community engagement.
Tokenization: The poem was split into a trillion pieces using the technology from @OvolsNFT, a platform that allows users to create and trade fractionalized NFTs on the Solana blockchain.
How to stake WEN tokens to get more airdrops?
Time needed: 1 hour and 15 minutes
Here’s our WEN token airdrop guide on how to stake your WEN tokens to get more airdrops
Fund wallet with WEN and SOL tokens
You can fund your wallet with WEN tokens by either claiming the airdrop HERE or buying WEN tokens from exchanges such as Orca, Raydium, MEXC or KuCoin.
Fund your wallet with SOL tokens by purchasing SOL from exchanges such as Bybit, Binance or KuCoin.
Go to https://stake.solblaze.org/app/ and stake SOL to receive bSOL. You will also get BLZE rewards and qualify for the Blaze airdrop!
Stake WEN and bSOL in Meteora
Connect to Meteora and go to “DLMM”, find the WEN-bSOL pool and deposit your WEN there. We deposited around 25% of our WEN airdrop.
Stake WEN in Kamino Finance
Kamino is also doing a points system for supplying assets and borrowing, so staking WEN in Kamino Finance will also qualify you for their airdrop! To stake WEN in Kamino Finance, go to https://app.kamino.finance/. Go to the “Liquidity” section and stake your WEN and SOL into the $WEN-SOL liquidity pool. Simply input the amount of WEN you wish to stake and Kamino Finance will automatically fill in the corresponding amount of SOL to stake, this will help you avoid impermanent loss. You will earn fees and Kamino Points.
Lend WEN in MarginFi
MarginFi is the easiest protocol in our opinion as it only requires you to deposit 1 asset type. To lend WEN in MarginFi, go to https://app.marginfi.com/ and on the “Lend” page, supply WEN tokens. We deposited around 25% of our WEN airdrop into MarginFi. Depositing WEN to MarginFi also allows you to earn MarginFi Points for their airdrop.
Optional: Stake bSOL to MarginFi
If you have any leftover bSOL, you can stake it in MarginFi to earn their Liquid Staking Token ($LST). Then, lend your $LST to earn APY.
The best protocol to stake WEN tokens is on the Meteora platform. Meteora is also a good place to stake WEN because you earn both WEN and bSOL swap fees, as well as Blaze rewards, providing a two-in-one airdrop opportunity.
WEN token predictions?
We are quite positive on WEN as around 1 million active Solana wallets received the airdrop. Furthermore, around 40% of the airdropped WEN tokens were not claimed, so those were burned. This means the WEN supply has been reduced a lot which would push up the demand and potentially the price. WEN is also being used for staking to earn further rewards and is also being actively traded, meaning that there would be a continuous utility and demand for this token. Jupiter Exchange, which is behind WEN, is also planning out what to do with WEN in the future.
How many airdrops can one get by staking WEN tokens and what are they?
One can get four airdrops by staking WEN tokens: Blaze, Meteora, Kamino, and MarginFi. Blaze is a protocol that allows users to stake SOL and receive bSOL and BLZE rewards. Meteora is a decentralized liquidity market maker that supports cross-chain assets. Kamino is a lending and borrowing platform that also offers liquidity mining. MarginFi is a margin trading platform that also offers lending and liquid staking.
Which protocol offers the highest rewards for staking WEN?
Currently, Meteora offers the highest rewards for staking WEN.
What is WEN and how was it created?
WEN is a token that represents proportional ownership in a poem by @weremeow called ‘A Love Letter to Wen Bros’. The poem was split into a trillion pieces using the technology from @OvolsNFT, a platform that allows users to create and trade fractionalized NFTs on the Solana blockchain.
How do you stake WEN and bSOL in Meteora?
To stake WEN and bSOL in Meteora, connect to Meteora and go to “DLMM”. Then, find the WEN-bSOL pool and depositing WEN and bSOL there.
Burn (XION) is a modular Generalized Abstraction layer that enables seamless user experiences for everyday users by abstracting away all crypto complexities and enabling cross-chain interoperability. They have recently launched their Generalized Abstraction Testnet, and they are expected to launch their mainnet later this year! Currently, Burnt (XION) has some missions where you can complete to mint NFTs, and this will very likely translate into token airdrops in the future! Here is our Burnt (XION) token airdrop guide.
Check out our Burnt (XION) token airdrop guide!
https://www.youtube.com/watch?v=8UINOPm_6tA
What is Burnt (XION)?
Burnt (XION) is a layer one blockchain built specifically for gaming. It aims to provide a seamless user experience for gamers by implementing a modular infrastructure with abstracted accounts, leveraging Ethereum’s technology. The goal is to address the issue of laggy gameplay that is often experienced in many crypto games. Key features of XION include:
Innovative Blockchain Technology: Built on cutting-edge blockchain technology, ensuring robust security, high transaction speeds, and reduced costs .
Unique Tokenomics: Introduces a distinctive token model, where the XION token plays a central role. The tokenomics are structured to encourage long-term holding, stability, and gradual growth, distinguishing it from the volatility often associated with cryptocurrencies.
User-Friendly Interface: Prioritizes a user-friendly interface to lower the barrier to entry, making it easier for a broader audience to engage with the platform.
Security Measures: Implements state-of-the-art security protocols to safeguard user assets and data. From advanced encryption methods to multi-factor authentication, the project places a high premium on protecting its community.
Community-Driven Development: Committed to a community-driven approach. Regular updates, open dialogue with users, and community input play a pivotal role in shaping the project’s trajectory.
Sustainable Growth Strategy: Embraces a sustainable growth strategy, focusing on long-term development and stability. This approach includes strategic partnerships, continuous technological upgrades, and a commitment to ethical practices in the crypto sphere.
Burnt (XION) has raised over US$11 million in funding from notable investors such as Animoca Brands, Circle Ventures, Hashkey Capital, Spartan, Injective, Alliance DAO, Sandeep Nailwal (Polygon), among others.
Will there be a Burnt (XION) token airdrop?
Burnt (XION) recently launched their Generalized Abstraction Testnet. Meanwhile, their mainnet is expected to launch later this year. There are currently some tasks you can do on the Burnt (XION) testnet, such as playing their game. Burnt (XION) also has some Galxe quests for users to complete and NFTs which can be minted. These are generally tasks which, if done, could position you for a potential airdrop.
How to get a potential Burnt (XION) token airdrop?
Time needed: 1 hour
Here’s our guide on how to get a potential Burnt (XION) token airdrop
Complete the tasks to mint NFTs. Tasks include linking your social media profiles, referring friends, playing games and participating in XION’S Abstractathon.
Note the Crash Game is not always available, so you will need to check back often to see if it works. The aim of the Crash Game is to click as fast as possible to “crash” XION. However, you need to beat the score of 186 points in order to win.
Also, the Buidl Campaign task will require you to have a DoraHacks account and to submit a Buidl. This task is quite complex and requires you submit a project with code. So, if you are a developer you may wish to attempt this task.
Complete Burnt (XION) Galxe quests
Go to Burnt’s (XION) Galxe quest page and complete the tasks before 1st January 2024. Tasks include following their social media pages and visiting their pages. Complete their 3 quests: Generalized Abstraction Crash Game, XION Expedition and Generalized Abstraction Testnet-Launch Supporter.
Mint OAT
To mint the OAT on Galxe, you will need MATIC to pay gas fees. Note that once you have deposited the Galxe Smart Balance for gas fees the amount cannot be withdrawn or transferred.
Complete Burnt (XION) Guild tasks
Go to https://guild.xyz/burnt and join the Guild. Complete the Guild tasks. Tasks include obtaining roles on the Burnt (XION) Discord server. To do this, you will need to engage with the community on Discord and produce content for Burnt (XION) such as educational blogs or videos.
Mint Guild Pin
On the Guild page, click “Mint Guild Pin” and follow the steps to mint the pin. It will cost around 2 MATIC plus gas fees to do this.
Burnt (XION) 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: Burnt (XION) recently launched their Generalized Abstraction Testnet, and mainnet launch later this year! Currently, Burnt (XION) has some missions where you can complete to mint NFTs, which may translate into token airdrops in the future! However, an airdrop has not been confirmed by the team yet.
Airdropped token allocation: The Burnt (XION) airdropped token allocation is unknown.
Airdrop difficulty: Most of the tasks are social tasks, which are quite simple. Later tasks however require a lot of engagement and content production which will take more time. One of the tasks also requires development knowledge which may be too advanced for most people.
Token utility: Burnt (XION) token utility is unknown.
Token lockup: Burnt (XION) token lockup is unknown.
