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  • Injective ($INJ): Blockchain built for finance?

    Injective ($INJ): Blockchain built for finance?

    Injective ($INJ) aims to create a financial system that is truly free and inclusive through decentralization. With the fastest blockchain built for finance and plug-and-play Web3 modules, Injective’s ecosystem is reshaping a broken financial system with dApps that are highly interoperable, scalable, and truly decentralized.

    Although Injective is a decentralized platform, it moves away from the stereotype definitions of such platforms to bring a new era of DeFi with better functionality. For example, it provides the liquidity that matches that of CEXs. To understand how it achieves this and more, let’s take a more in-depth look into the platform.

    Check out our interview with Co-founder and CEO Eric Chen!

    Injective FRENZY: Interview with CEO Eric Chen

    Background

    Injective was founded in 2018 and incubated by Binance Labs. They are developed by a team with a vast experience in blockchain technology and other closely related technologies. Its Co-founder and CEO, Eric Chen, is a protocol researcher at Investing Capital, while its CTO, Albert Chon, is a software developer at Amazon.

    Others include full-stack developers, Solidity developers, and Golang developers. Moreover, the Injective team comprises members experienced in ASIC design and computer science.

    Apart from the core team members, Injective is supported by notable names in the industry, such as Binance, Pantera, Jump and Mark Cuban.

    What is Injective?

    Injective brings the features of centralized exchanges onto DEXs. The network brings speed, security, and liquidity into DEXs unlike most of the top projects at the moment,  and thus, aiding DeFi adoption. The system achieves this through a layered design and the employment of various technological advancements.

    3 Main Features of Injective

    Inter-chain Trading

    By interfacing with other blockchain-based networks, Injective can support many trading pairs. Consequently, traders can choose between trading pairs considering their profit margin. Ethereum, INJ, MKR, and DAI are the cryptocurrencies tradable on the Injective platform.

    A Combination of DeFi and Derivatives

    Injective has its eyes set on the DeFi space. For this reason, it includes features that enable the interaction between DeFi networks and the digital currency derivatives space, which culminates with an innovative trading offering.

    Distributed Futures and Margin Trading

    This is among the differentiating factors in the Injective ecosystem. It allows traders to trade futures and derivatives while enjoying the fruits of decentralization.

    What’s in it for Users?

    Through its features, it is evident that the platform is focused on end-users. Among the immediate benefits are security, low entry barrier, flexibility, convenience, speed, trust, and liquidity.

    5 Primary Layers of Injective

    The 5 primary layers of Injective are interlinked. Below is its technical architecture.

    injective technical architecture
    Injective’s technical architecture (Image credit: Binance Research)

    Let’s take a look at each of the layers in detail.

    Injective Chain

    The Injective chain forms the network’s core and powers decentralized trading. However, instead of being a full chain per se, it is actually a sidechain that is connected to the Ethereum blockchain. Notably, Ethereum is the home of the vast majority of the DeFi platforms.

    Moreover, the chain, through a connection to the Cosmos IBC, provides cross-chain functionalities. This layer acts as a derivatives platform and holds the exchange’s distributed order book.

    In addition, the Injective chain comprises a system that coordinates the platform’s trades, an execution space for the Ethereum virtual machine (EVM), and a bridge that makes it easier to interact with Ethereum-based tokens on Injective. Note that EVM handles the execution of smart contracts allowing for the creation of decentralized applications (Dapps).

    Other features domiciled in the Injective chain include, but are not limited to, DEX contracts, derivatives contracts, 0x V3 exchange contracts, and the staking contract.

    Exchange Client

    The client allows permissionless participation on the network by supporting an open-source front-end. For ease of use, it has a professionally designed graphical user interface that appeals to both novice and experienced users.

    API Provider

    Application programming interface (API) providers form a key part of the Injective ecosystem by interacting with transactions and acting as a data layer.

    An API node can either provide a transaction relay service or be a data layer. As a transaction relay service, it provides mechanisms for users to interact with the system.

    On the other hand, API providers acting as a data layer provide data and analytic capabilities to external users.

    EVM RPC Provider

    This aspect of Injective deals with the interconnection between Injective and Ethereum.

    Ethereum Bridge

    The bridge provides an interface for exchanging tokens built using the Ethereum standard (ERC-20). Also, it creates a peg-zone where the exchange takes place.

    Injective Token (INJ) and its Use Cases

    Injective has a native token called INJ. It has a maximum circulating supply of 100 million tokens. Though only around 15.2 million tokens are in circulation, it is projected to increase due to inflation, which happens at roughly 7%. Luckily, the platform has instituted measures to reduce inflation to around 2% over time.

    The token was first made available to the public via Binance Launchpad, the exchange’s Initial Exchange Offering (IEO) platform. INJ is currently listed on Binance and on Uniswap.

    INJ Token’s Uses on the Injective Platform

    • Offering discounts on transaction fees – Traders on the platform are charged less when paying their transaction fees using the network’s native currency.
    • Rewarding stakers – Since the platform supports staking, rewards to stakers are paid using INJ.
    • Governance rights – Being a decentralized community-focused platform, governance-related issues are decided by the Injective community. However, to participate, members have to hold INJ.

    The more the tokens held, the stronger the voice on the governance table since INJ is required when submitting a proposal and when voting.

    • Providing passive income – Apart from paying staking rewards in the native token, INJ can be locked in a wallet to attract tips.
    • Incentivizing market makers – Market makers or liquidity providers are key roles. Therefore, to attract more liquidity, the platform uses its native token to incentivize liquidity providers.

    Injective CosmWasm Upgrade

    On 5th July 2022, Injective’s Injective CosmWasm Mainnet upgrade has gone live. As a part of this upgrade, Injective will have, among others, the following updates:

    • Smart contract support with CosmWasm;
    • Automatic smart contract execution;
    • Support for negative maker fees; and
    • Support for binary options markets.

    Smart Contract Support with CosmWasm

    As a result of the latest upgrade, Injective now supports smart contracts by CosmWasm. The name “CosmWasm” comes from the combination of 2 things- Cosmos, and WebAssembly. CosmWasm is a smart contract platform built for the Cosmos ecosystem, its unique feature is that it allows developers to build multi-chain smart contracts using the InterBlockchain Communication (IBC) Protocol. Furthermore, this update will allow developers to build applications on Injective whilst at the same time making use of the existing core modules provided by Injective. For example, developers can use Injective’s decentralized order book module to create other decentralized apps (dApps) such as exchanges, prediction markets, lending protocols etc.

    Automatic Smart Contract Execution

    The latest mainnet upgrade also allows smart contracts to be executed automatically at every block. This is unique because generally, smart contracts require an external agent such as a user to manually invoke the contract and trigger the logic associated with the contract. Now, with the CosmWasm platform, smart contracts can be triggered individually and block by block, meaning that developers can create truly decentralized and permissionless applications.

    Negative Maker Fees

    In cryptocurrency trading, exchanges usually charge trading fees on a maker/taker structure, with maker fees being charged when the user places an order that goes onto the order book (whether fully or partially) i.e. “making” the market or providing liquidity.

    Injective charging negative maker fees mean that instead of users paying, users will receive a percentage of their trade as a rebate. The community will be invited to submit governance proposals for which trading markets they would like to implement negative maker fees, so the decision is left in the community’s hands.

    The overall benefit to the Injective community would be that it would encourage more users, thereby increasing liquidity for more orders and trading options.

    Binary Options Support

    Binary options are a type of financial contract, where there are 2 options based upon the outcome of an underlying asset or question. And when the correct answer occurs, there will be a payoff. Having binary options support on Injective means that new and diverse types of apps can be built on the platform, for example, those involving prediction markets.

    What is the Injective Volan upgrade?

    Injective’s Volan upgrade is expected to be the largest mainnet update in the project’s history. The Volan upgrade comes as the result of months of research and development and will involve a hard fork of the Injective network. Here are some key features that will be introduced in the Volan upgrade:

    1. Sub-second block times: Injective will achieve near-instant finality with sub-second block times, enabling fast and seamless transactions for users and developers. This will also reduce the risk of front-running and MEV attacks, which are prevalent on other blockchains.
    2. IBC integration: Injective will become fully interoperable with the Cosmos ecosystem and other IBC-enabled chains, allowing users to transfer assets and data across different networks. This will open up new possibilities for cross-chain composability and innovation, as well as access to a vast pool of liquidity and users.
    3. CosmWasm and EVM smart contracts:Injective will support CosmWasm, a smart contract framework for the Cosmos ecosystem that allows developers to write smart contracts in any programming language that compiles to WebAssembly. Injective will also maintain its compatibility with the Ethereum Virtual Machine (EVM), allowing developers to deploy existing Ethereum smart contracts on Injective with minimal changes. This will enable developers to create diverse and complex applications on Injective, such as decentralized exchanges, lending protocols, prediction markets, NFT platforms, and more.

    When is the Injective Volan upgrade?

    The Volan upgrade will take place at block height of 57,076,000, or approximately 2:00pm on 11th January 2024 (UTC). Some exchanges such as Binance will temporarily suspend deposits and withdrawals of tokens on the Injective network from 1:00pm on 11th January 2024 (UTC) to support the network upgrade.

    Injective ecosystem token airdrop?

    Injective is doing an airdrop for the Injective ecosystem. Here are 3 ways you can position yourself for a potential Injective token airdrop:

    1. Staking on Injective validators: We suggest participants mostly focus on this item since staking on Injective validators may qualify you for other token airdrops.
    2. Mainnet interactions: You can position yourself for a potential airdrop and earn yields by depositing $INJ or other cryptocurrencies into the Black Panther vaults. Another option is to trade Injectives NFTs Talis Protocol, which is also very popular amongst users as they have also announced an airdrop. You can also trade or provide liquidity on Helix, which is a decentralized exchange and they are also doing an ongoing airdrop.
    3. Testnet interactions: Some protocols on the Injective ecosystem offer incentivized testnets which allow you to position yourself for airdrops without putting in any actual cryptocurrencies or funds. These include Ninja Blaze and Aeroscraper.

    Learn more with our Injective ($INJ) ecosystem token guide

    Conclusion

    By providing the required liquidity to power an active trading experience on a decentralized platform, Injective can siphon users from CEXs to DEXs. Consequently, cryptocurrency users and traders are hedged away from potential risks.

    In addition, enabling cross-chain interaction opens the platform to DeFi enthusiasts. Additionally, providing support for ERC-20 tokens increases interaction with DeFi tokens and protocols.

    Decentralised Finance (DeFi) series: tutorials, guides and more

    With content for both beginners and more advanced users, check out our YouTube DeFi series containing tutorials on the ESSENTIAL TOOLS you need for trading in the DeFi space e.g. MetaMask and Uniswap. As well as a deep dive into popular DeFi topics such as decentralized exchanges, borrowing-lending platforms and NFT marketplaces

    The DeFi series on this website also covers topics not explored on YouTube. For an introduction on what is DeFi, check out Decentralized Finance (DeFi) Overview: A guide to the HOTTEST trend in cryptocurrency

    Tutorials and guides for the ESSENTIAL DEFI TOOLS:

    More videos and articles are coming soon as part of our DeFi series, so be sure to SUBSCRIBE to our Youtube channel so you can be notified as soon as they come out!

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

  • SyncSwap ($SYNC) Token Airdrop Guide: Earn money for free!

    SyncSwap ($SYNC) Token Airdrop Guide: Earn money for free!

    SyncSwap is one of the first and biggest protocols in the zkSync ecosystem. SyncSwap is a DeFi hub that allows users to trade and deposit liquidity into pools to earn trading fees, all with the same security as the Ethereum mainnet. (eluminoustechnologies) On 1st March 2023, SyncSwap announced their testnet is live on the zkSync Era testnet. In this article, we look at how you can best position yourself to receive a potential SyncSwap token airdrop.

    Check out our zkSync Airdrop Guide so you can potentially double your rewards!

    SyncSwap Airdrop Step-by-Step Guide

    Here’s how to get a potential SyncSwap ($SYNC) token airdrop:

    1. Connect your wallet to Syncswap.
    2. Swap tokens.
    3. Deposit liquidity to their Pools.
    4. Join their Discord.
    5. Go to their Guild page and complete the tasks.

    See below for more details.

    What is SyncSwap?

    SyncSwap is a decentralized exchange (DEX) that offers users a secure and low-cost way to access DeFi (decentralized finance). Powered by zero-knowledge technology, SyncSwap provides users with a seamless and secure way to trade Ethereum-based assets. With SyncSwap, users can enjoy the benefits of DeFi without sacrificing security.

    Does SyncSwap have a token?

    SyncSwap will have a token in the future, called $SYNC. However, there is no official announcement yet, but with the popularity of airdrops and the positive benefits they can bring to a project (See Blur token airdrop), it is very likely that SyncSwap will do an airdrop. Especially since zkSync is also likely to do an airdrop too.

    SyncSwap $SYNC token confirmed!

    How to receive a potential SyncSwap token airdrop?

    The best method of receiving a potential SyncSwap airdrop is to interact with the SyncSwap Era testnet. Here’s how to receive a potential SyncSwap ($SYNC) token airdrop:

    1. Connect your wallet to Syncswap.
    2. Go to their Swap page. Choose the type and amount of tokens and click “Swap”.
    3. Deposit liquidity to their Pools. On the top bar, click the down arrow, “Positions” and “New Position”. Select USDC and ETH and click “Enter Pool”. Then click “Deposit” located on the left-hand side of the screen and deposit both USDC and ETH. Then, unlock your tokens and deposit them into the pool.
    4. Join their Discord.
    5. Go to their Guild page and complete the tasks.

    The first phase of the SyncSwap loyalty program will last for 30 days from April 10th 14:00 (UTC) and to May 10th 15:00 (UTC+1). During this phase, 900,000 $SYNC will be up for grabs. To participate, start trading ETH, USDC, BUSD (Celer Network) and USD+ to earn ySYNC. You will automatically get 1 ySYNC for every $1 generated in trading fees. It is a non-transferable SyncSwap Loyalty Token that can also be converted to veSYNC tokens.

    How to save gas fees on SyncSwap

    Transaction volume could be the key to getting a potential $SYNC token airdrop. However, gas fees can be very expensive. Here’s 2 top ways on how to maximize your $SYNC airdrop by saving gas fees on SyncSwap:

    Paymaster is a new feature that allows you to use other tokens to pay gas fees AND gives you fee discounts for doing so. Paymaster currently lets you pay gas fees using $USDT, $USDC and $HOLD. To use Paymaster on SyncSwap, make sure your MetaMask wallet and SyncSwap are both connected to the zkSync Era Network. Next, click and hold on your account balance which will bring up the Paymaster window. There, you can see the fee discounts offered by Paymaster when using other tokens to pay gas fees. For example, you get a 50% fee discount when paying with $HOLD! Click the token you wish to pay gas fees with and continue with the swap transaction on SyncSwap.

    1. Alternatively, if you want to use ETH to pay transaction fees, you can save gas fees by wrapping and unwrapping ETH. To do this, wrap and unwrap ETH on the “Trade” tab. Select “ETH” and “WETH” as the tokens and input the amount of ETH to be swapped, then click “Wrap”. Confirm the transaction on Metamask. Then, do the reverse to unwrap your ETH. Gas fees are around $1 per transaction.
    2. Approve token spend. On the “Trade” tab, choose a token and type in “1”. Then click “Unlock”. On your Metamask, select the custom spending cap and click “Next”. Gas fees are around $1 per transaction.
    https://boxmining.com/starknet-token-airdrop/

    SyncSwap 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: SyncSwap has confirmed it will have a $SYNC token. They are likely to do an airdrop considering how it is proven how effective it can be in bringing attention and users to a protocol. Also, SyncSwap is built on zkSync, which themselves are also likely to do an airdrop.

    Airdropped Token Allocation: The tokenomics of the SyncSwap token are unknown.

    Airdrop Difficulty: The project has not yet released details about any airdrops. However, interacting with their testnet may give you a chance to get a potential airdrop. It also only requires testnet tokens, so it is free to do!

    Token Utility: The SyncSwap token utility is unknown.

    Token Lockup: The SyncSwap token lockup period is unknown.

  • 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.