ChainHop is a composable omnichain liquidity aggregation protocol that enables one-click, cross-chain swaps with the deepest liquidity and the best rate. The project has hinted at launching its own token. Early users who’ve used the platform to do cross-chain swaps may get an airdrop!
ChainHop Airdrop Step-by-Step Guide
Here’s how to receive a potential ChainHop token airdrop:
ChainHop is an Open API that allows swapping tokens between different chains by using liquidity from various DEXes and bridges. It does this by leveraging cross-chain message passing, allowing the protocol to aggregate multi-chain liquidity sources. It also offers white label solutions for DEXes, NFT platforms and marketplaces, Wallets, GameFi projects, and much more.
Over the past six months, ChainHop has been audited by leading blockchain security firms PeckShield and SlowMist.
Partnership with Celer Network
ChainHop has partnered with Celer Network to build inter-chain messaging. The ChainHop project has been drawing liquidity from the biggest DEXes in the crypto industry coming from 7 different blockchains: Ethereum, Polygon, BNB Chain, Fantom, Optimism, Avalanche, and Arbitrum. The partnership between ChainHop and Celer Network will enable developers to easily access the cross-chain liquidity protocol to build cross-chain DeFi, NFT marketplaces, IDO launchpad platforms, and more.
Does ChainHop have a Token?
ChainHop does not have a token at the moment. However, they have mentioned in their user document that they might launch one in the future. Additionally, early users of the protocol can potentially qualify for an airdrop.
How to Get ChainHop Token Airdrop?
The best chance to get the ChainHop Token Airdrop is to perform cross-chain swaps on their platform. Here’s a step-by-step guide:
Connect Your Wallet to ChainHop
Visit the ChainHop Exchange App and connect your MetaMask or other supported wallets. There are seven mainnet chains to choose from. Make sure you have enough funds to cover gas fees.
Perform Cross-Chain Swap
Select a source chain and the token you want to swap, then select a destination chain and the token you want to receive. Confirm the transaction and you’re done!
You can also swap tokens within the same chain, but we recommend swapping on different chains. The more chains you interact with, the more on-chain evidence you generate that could qualify you for a potential ChainHop token 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: ChainHop does not have a token at the moment, but could launch one in the future. Early users can potentially qualify for an airdrop.
Airdropped Token Allocation: There is no tokenomics yet.
Airdrop Difficulty: All you have to do is swap tokens between different chains. Keep in mind that they are mainnets, which means you will need real money to swap and cover gas fees.
Polynomial Protocol is a decentralized derivative exchange powered by the Synthetix Protocol on Optimism. They have distributed Optimism ($OP) airdrops to active users in the past and could do so again. In this article, we will briefly explain what Polynomial Protocol is and what you can do to position yourself for the retroactive airdrop.
What is Polynomial Protocol?
Polynomial Protocol is built on top of Synthetix, with $SNX stakers serving as counterparties for transactions on Polynomial. By offering liquidity, $SNX stakers receive fees from the platform. Apart from trading, Polynomial offers two more products to make DeFi more accessible to users:
Polynomial Earn Vaults: These are the first DeFi Options Vaults (DOV) that operate entirely on-chain by selling options directly to an Automated Market Maker (AMM).
Polynomial Swap: This product streamlines the swapping process on Optimism, particularly for synthetic assets. Non-synthetic assets are routed through 1inch to ensure a seamless experience.
Does Polynomial Protocol have a Token?
Salman Naseer, founder of Polynomial Protocol, said in Discord that they are not planning a token launch at the moment. In the meantime, active users can only claim Optimism ($OP) tokens as rewards.
How to Get Retroactive $OP Airdrop on Polynomial?
The best chance to get another retroactive $OP airdrop is to interact with the Polynomial Trade, Earn, and Swap features. Here’s a step-by-step guide:
After you connected your wallet, you will need to create a Polynomial smart contract wallet. For this part, you also need some ETH to cover gas fees.
Deposit sUSD in Smart Wallet
After creating your smart wallet, you will need to deposit at least $50 sUSD to start trading. You can use the swap feature to get sUSD.
If you don’t have funds in Optimism, you can bridge your assets via the MetaMask bridge aggregator (this could also qualify you for the $MASK airdrop). You can also buy sUSD on KuCoin and transfer them to your Optimism wallet.
Trade Perpetual Futures
You can now trade perpetual futures on the platform. Polynomial has a detailed guide on how to open up standard orders or limit orders for long and short positions.
Use Earn Vaults
You can deposit sETH or sUSD to earn yields in the Polynomial Earn Vaults. It is important to note that these vault strategies are subject to market risks. Check out their earn documents to understand more.
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: There is no official announcement of the next retroactive $OP airdrop yet. But Polynomial is growing, so there is a good chance there will be another incentive for the community.
Airdropped Token Allocation: The airdropped token allocation is unknown.
Airdrop Difficulty: The trading platform offers a user-friendly interface and operates on the Optimism mainnet. As with any investment, it is advised to only use funds that one is prepared to risk.
Token Utility: Polynomial has no plans to launch its own token yet.
Token Lockup: Polynomial has no plans to launch its own token yet.
LimeWire is making a comeback under new ownership as a digital collectible marketplace focused on art and the music industry. In celebration of its comeback, LimeWire is launching a huge giveaway campaign featuring a $1,500,000 prize pool. To participate, join the official waitlist and invite friends for a chance to win up to 100,000 $LMWR tokens!
Visit the LimeWire waitlist page and click on “Join Waitlist” before it ends on May 2nd!
LimeWire was a popular peer-to-peer file-sharing platform in the 2000s, with over one-third of all computers globally having installed the program in 2007. It was primarily used for downloading and distributing pirated music, which led to its shutdown as a result of copyright infringement issues.
LimeWire is now returning as an NFT marketplace deployed on Ethereum, and its comeback has also been featured on CoinTelegraph. The platform caters to the art and entertainment space, initially focused on music. Artists will earn the largest portion of income and maintain full autonomy, ownership, and authority over their creations. Moreover, LimeWire will provide the option for direct credit card transactions, removing the necessity for crypto wallets.
$LMWR Token
Token Utility
The LimeWire Token ($LMWR) is an ERC-20 utility token central to the LimeWire ecosystem, offering users various perks and benefits in a loyalty-tier system. Users can pay with $LMWR for discounts, tipping creators, and accessing exclusive content. (https://vallartainfo.com) Creators can earn in USD or $LMWR for a larger revenue share, and both users and creators can receive activity rewards.
$LMWR also enables governance, with holders having voting rights and participating in the LimeWire Foundation’s decisions. Royalty distribution from pay-per-view revenues is also done in $LMWR tokens.
Tokenomics
The total supply of $LMWR tokens is fixed at 1 billion. 43% of the total supply will be distributed to the community, including a 1 million $LMWR allocation to be awarded evenly to all LimeWire Original NFT holders.
How to Get the $LMWR Airdrop?
The top 4,000 referrers are eligible for the $LMWR airdrop, with the prize value distributed as follows:
Top referrer gets 100,000 $LMWR (USD $30,000)
Referrers ranked 2 to 6 each get 50,000 $LMWR (USD $15,000)
Referrers ranked 7 to 4000 each get 100 $LMWR (USD $30) and one LimeWire Original NFT (USD $750)
Visit the LimeWire waitlist page and click on “Join Waitlist”. Enter your email and verify it in your inbox. You can now share your unique referral link with friends to improve your rank!
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: LimeWire has confirmed airdropping $LMWR tokens. It will take place on May 2nd.
Airdropped Token Allocation: $1.5 million worth of $LMWR tokens will be distributed to the top 4,000 referrers.
Airdrop Difficulty: Simply visit the LimeWire waitlist page and click on “Join Waitlist”.
Token Utility: The LimeWire Token ($LMWR) is an ERC-20 utility token offering users perks and benefits within the LimeWire ecosystem, facilitating payments, earnings, activity rewards, governance, and royalty distribution for both users and creators.
Token Lockup: Community pre-sale has no lockup and a 3-month linear release. Public Sale Option I has a 6-month lockup and a 6-month linear release, while Public Sale Option II has no lockup or vesting period.
ParaSpace recently introduced an incentive program in which users’ actions and activities earn points that can be redeemed for ParaSpace governance tokens through an airdrop when the token launches. Moreover, users have the opportunity to receive a 300% boost in points accumulation until June 30, 2023. In this article, we will explain what ParaSpace is and what you can do position yourself for the airdrop.
ParaSpace is a cross-margin NFT lending protocol that enables users to borrow ETH, stablecoins, and supported ERC-20 tokens against various crypto assets such as blue-chip NFTs, ERC-20 tokens, and Uniswap V3 LPs. The platform allows NFT owners to lend and borrow ERC-20 tokens against a diverse array of non-fungible investments, while ERC-20 holders can earn yields through lending against NFTs.
According to DefiLlama, ParaSpace is the second largest NFT lending protocol in total value locked ($100.5 million) at the time of writing. It is also the sister company of Parallel Finance ($PARA), and both platforms have been audited by some of the top smart contract security firms such as Certik, Trail of Bits, and Veridise.
Does ParaSpace have a Token?
ParaSpace does not have a token yet, but has confirmed that it will launch a governance token in the future. Token holders will be a part of the platform’s decentralized autonomous organization (DAO).
How to Get ParaSpace Token Airdrop?
ParaSpace recently announced an incentive program where users’ actions and activities are rewarded with points that will be redeemed for ParaSpace governance token via airdrop when the token launches. Additionally, users can enjoy a 300% boost for earning points until 30th June, 2023. Here’s a step-by-step guide:
Connect Wallet to ParaSpace App
Connect your MetaMask or other supported wallets to app.para.space. The network is Ethereum Mainnet. You will need ERC-20 tokens or ERC-721 (NFTs) to interact with the protocol. Make sure you have enough ETH to cover gas fees.
Supply ERC-20 or ERC-721 Tokens to ParaSpace
If you own any blue-chip NFTs such as Bored Apes or CryptoPunks, you can supply them to the protocol to earn yields. Click the “supply” button on the main page.
Similarly, you can also lend out ERC-20 tokens to earn yields.
Liquidate NFTs
You can perform liquidations for both the user account and tokens held within the account in the Liquidation section.
Borrow ERC-20 Tokens
You can borrow ERC-20 tokens from the protocol, but you will first need to supply NFTs or ERC-20 tokens as collateral.
Stake ApeCoins ($APE) in Auto Compound Pool
You can stake your $APE in the ParaSpace ApeCoin Pool to earn high APY rewards. You can also borrow $APE to stake if you don’t have any.
Stake NFTs in Auto Compound Pool
For NFT owners with or without ApeCoins, you can stake your NFTs in the NFT Staking Pools to earn $APE.
Use Share Staking Pool
You can create $APE listings or NFT listings for the Share Staking Pool. This allows you to find other users to match with your assets for staking purposes and share the APY rewards.
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: ParaSpace has confirmed users’ actions and activities will be rewarded with points that will be redeemed for ParaSpace tokens via airdrop when the token launches. Additionally, users can enjoy a 300% boost for earning points until 30th June, 2023.
Airdropped Token Allocation: ParaSpace is still designing its tokenomics for long-term sustainability.
Airdrop Difficulty: It is recommended to engage in this activity only if you have experience borrowing and lending Ethereum NFTs. You will need ERC-20 tokens or ERC-721 (NFTs) to interact with the protocol. You will also need some ETH to cover gas fees.
Token Utility: The ParaSpace token will be used for governance of the lending protocol.
Token Lockup: Details of token lockup period is not yet available.
SoonSwap is giving away 2.1 million $SOON tokens in airdrop rewards. To qualify, you will need to sign up and complete simple tasks by 31st March 2023. In this article, we will explain what SoonSwap is and what you can do to position yourself for the airdrop.
SoonSwap is an Ethereum-based NFT marketplace that operates on a decentralized automated market maker (AMM) system. The platform combines an order book matching mechanism with an AMM liquidity pool to enhance pricing discovery mechanisms and simplify NFT asset trading. With SoonSwap, NFTs can be traded more efficiently and at better prices, promoting increased accessibility and liquidity for users.
The platform also offers users the ability to exchange NFTs for tokens and vice versa, while also providing a passive income opportunity to users and community members through farming actively adding liquidity to the AMM LP pools.
Does SoonSwap have a Token?
Yes, SoonSwap confirmed in its document that there will be a $SOON token. It serves as a certificate for community participation in governance, allowing holders to vote on proposals, allocate liquidity incentives, and initiate upgrade proposals. (sweet-factory)
According to the tokenomics, the total supply of $SOON is 1 billion tokens, and 2% of it is allocated to early adopters as airdrop rewards.
How to Receive $SOON Airdrop?
Sign up on SoonSwap Airdrop Gleam page and complete the following tasks to earn entries for the airdrop reward:
Follow and retweet SoonSwap on Twitter.
Join SoonSwap Discord.
Join SoonSwap Telegram.
Link your ERC20 wallet address.
Get extra entries with referral link.
The higher entries you have, the more likely you will receive the airdrop. SoonSwap confirmed that the top 7,000 participants will be rewarded with $SOON.
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: SoonSwap is airdropping 2.1 million $SOON tokens to participants who signed up for the Gleam page before 31st March 2023.
Airdropped Token Allocation: 2% of the total $SOON supply (1 billion) is allocated to airdrops.
Airdrop Difficulty: The tasks on the Gleam page are very easy to complete.
Token Utility: $SOON serves as a certificate for community participation in governance, allowing holders to vote on proposals, allocate liquidity incentives, and initiate upgrade proposals.
Token Lockup: 50% at TGE and 50% after 3 months’ cliff.
Quasar is set to launch its mainnet on 23rd March 2023. Its $QSR token launch is confirmed and users of the current testnet can qualify for the airdrop. In this article, we will explain what Quasar is and what you can do to position for the airdrop.
Quasar ($QSR) Airdrop Step-by-step Guide
Here’s how to receive a potential Quasar ($QSR) token airdrop:
Quasar is a specialized capital management blockchain within the Cosmos ecosystem, set to launch its first product: an IBC-integrated, multi-vault strategic investment platform. This development fills a gap in the Cosmos ecosystem, which currently lacks a vault protocol. By utilizing Quasar, users can access yields from every IBC-compatible blockchain.
With Quasar, liquidity providers (LPs) can select a vault for depositing their tokens via single-sided asset staking, receiving enhanced yield returns compared to depositing LP tokens in traditional liquidity pools. Each Quasar vault embodies a distinct strategy executed through an automated workflow. Vaults will cover various services, such as generating yields and offering collateralized loans, while also extending their focus to other ecosystems and blockchain networks.
Project Funding
In February 2023, Quasar successfully raised $6 million in a seed funding round led by prominent investment firms Polychain Capital and Blockchain Capital, with participation from some of the top builders and investors in the Cosmos ecosystem such as Figment, Lightshift Capital, Galileo, Binary, HashCIB, Sunny Aggarwal of Osmosis and Evra, the founding team behind Evmos.
What is the Quasar ($QSR) token?
Yes, Quasar confirmed in its document that they are launching the $QSR native token for the Quasar chain. It will be used for proof-of-stake security via Tendermint Consensus Algorithm. Additionally, $QSR enables full self-governance, granting the community decentralized autonomous organization (DAO) authority to shape the future direction of vault strategies and the treasury. Transaction fees on Quasar will also be paid in $QSR.
How to Receive $QSR Airdrop?
Quasar has hinted in their Discord channel that they may be doing an airdrop. In particular, the airdrop will reward testnet participants. Here’s how to receive a potential $QSR airdrop:
Interact with the Quasar Public Testnet to be eligible for the $QSR airdrop in the future. Here’s a step-by-step guide:
Connect Keplr Wallet to Quasar Testnet
Go to testnet.quasar.fi and connect your Keplr wallet. Switch the network to Quasar Testnet.
Once you have your test tokens, click on “Explore Vault”. Then, bond your assets and approve the deposit.
This action locks your tokens within the Vault, and you’ll receive proportional shares as CW-20 tokens unique to that vault. Once your assets reach the Osmosis Testnet chain, they will be automatically distributed into yield-generating AMM pools. You can monitor the progress of the liquidity provider strategy through the vault data dashboard.
Submit Bug Report
If you found any bug, submit your wallet address at the Quasar Testnet Form. They might send you some $ATOM if the bug report is new to them.
Become a Validator on Questnet
You can also join the Quasar Testnet as a validator if you already have Quasar binary running and your node is fully synced. Visit their guide for more details.
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: Quasar confirmed it will airdrop $QSR to testnet users.
Airdropped Token Allocation: They have not disclosed their tokenomics yet.
Airdrop Difficulty: The tasks are very easy to complete. Simply connect your Keplr wallet and bond your testnet tokens to the Orion Vault.
Token Utility: $QSR will be utilized for proof-of-stake security through the Tendermint Consensus Algorithm while enabling full self-governance, allowing the community DAO authority to steer vault strategies and treasury management.
SupraOracles’ incentivized testnet is now live, and they are giving away $SUPRA airdrops and GRAND prizes such as cars and Pax gold every month! SupraOracles is built by a renowned research team with deep academic roots. It has a massive network of partnerships and investors. This project has huge potential this year as it gears up towards its mainnet launch in Q2 2023. In this article, we will explain what SupraOracles is and what you can do to position yourself for the $SUPRA airdrop.
Use our invite link to sign up, and both of us will get Stars that unlock $SUPRA tokens! Once you complete the KYC verification and tasks, you can earn a total of 30 stars and 200 $SUPRA. The whole process is very user-friendly and easy to follow.
SupraOracles ($SUPRA) Airdrop Step-by-step Guide
Here’s how to receive a potential SupraOracles ($SUPRA)token airdrop:
SupraOracles is introducing a new technology called a “cross-chain oracle infrastructure”. This technology allows for accurate and secure transfer of off-chain data between different blockchains and distributed ledger systems. Additionally, the information transfer happens quickly, with a finality of only three to five seconds.
As a result, developers can access timely and precise information to build data applications that are not possible with the oracles today. This opens up new use cases such as derivatives backed by real-world assets, options market, and multi-lateral clearing and settlement across public blockchains.
Who is the Team behind SupraOracles?
SupraOracles is the flagship project by the Entropy Foundation, co-founded by Joshua D. Tobkin and Jon Jones. The research team, led by Dr. Aniket Kate, consists of numerous PhD scholars who are distinguished in their academic fields. These scholars have decades of product development and coding experience in the blockchain industry. (bluffsrehab.com)
SupraOracles currently has over 600 signed integration partners, which includes some of the leading L1 and L2 ecosystems in the world like Ethereum and Polygon. As of now, the oracle testnet is live on 34 blockchains.
Does SupraOracles have a Token?
Yes, SupraOracles plans to launch its $SUPRA token. It will be used to facilitate restaking, which is the process of restaking staked tokens to provide security for other protocols on a layer-1 network. The total supply of $SUPRA is 10 billion tokens.
How to Receive $SUPRA Airdrop?
SupraOracles has allocated 50 million $SUPRA tokens for airdrops in the “Blast Off” community campaign. To participate, simply sign up and complete simple tasks. You can also refer friends to win $SUPRA tokens and enter for a chance to win weekly prizes, giveaways, and private round whitelisting. Here’s a step-by-step guide:
Sign Up at SupraOracles
Use our invitation link to sign up for SupraOracles. Verify your email account and complete the KYC process.
Once you have done so, you will receive stars that can be used to level up your rank and unlock more $SUPRA rewards.
Complete Missions
Once you have set up your account, you will be redirected to the missions page. These missions include video guides and quizzes. After completing a mission, you can unlock your crate to see if you have won $SUPRA tokens or more stars.
Enter Grand Giveaway
You can win real-world prizes every month at the Grand Giveaway, ranging from all-expenses-paid trips to a Supra car.
Share Referral Link
You can share your referral link to earn more stars, allowing you to rank up and earn even more $SUPRA tokens.
Airdrop Review
When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.
Likelihood of Airdrop: Yes, the $SUPRA airdrop campaign is now live.
Airdropped Token Allocation: 50 million $SUPRA tokens will be distributed to the “Blast Off” campaign participants.
Airdrop Difficulty: The KYC registration and tasks are very easy thanks to their user-friendly interface. You can also share your referral link with your friends to earn even more rewards.
Token Utility: The $SUPRA token will be used to facilitate restaking, which is the process of restaking staked tokens to provide security for other protocols on a layer-1 network.
Token Lockup: $SUPRA will follow a 12-month cliff and then a 4-year quarterly vesting schedule.
Opyn is an options trading platform built on Ethereum. It currently does not have a token, but the team announced on Discord that they will consider launching one as the protocol matures. As early users, we are in an opportune position to potentially earn massive token rewards. In this article, we will explain what Opyn is and what you can do to position yourself for the airdrop.
Opyn Airdrop Step-by-step Guide
Here’s how to receive a potential Opyn token airdrop:
Opyn is a DeFi options trading protocol that allows users to buy, sell or create options on ERC-20 tokens. It is powered by Squeeth, short for squared ETH, which is a derivative contract that tracks the index of ETH². This allows traders to make a leveraged bet on ETH, while also having protection from losses and not needing to worry about being forced to sell.
Does Opyn have a Token?
As of now, Opyn does not have a token yet. However, the team announced on Discord that they plan to launch one down the line as the protocol becomes more decentralized. Moreover, they also mentioned that most of the tokens will be distributed to the community, DAO, or in the form of grants. This means airdrop opportunities for early users of the protocol!
How to Receive Potential Opyn Token Airdrop?
The best chance to receive a potential Opyn token airdrop is to trade Squeeth (oSQTH token) or use deposit strategies on the platform. It is on the Ethereum mainnet, so you will need some ETH for trading and gas fees. Here’s a step-by-step guide:
Connect Wallet to Opyn
Go to opyn.co and connect your MetaMask or other supported wallets. Switch the network to Ethereum, and have some ETH ready.
Trade Squeeth (oSQTH Token)
Use ETH to buy oSQTH at opyn.co/squeeth. You can enter a long or short position, and it will tell how much your profit/loss and breakeven point is if ETH price goes up or down.
You can see all of your open positions at opyn.co/positions, and close them anytime.
Deposit on Crab USDC Strategy
You can earn yields on your USDC on opyn.co/strategies/crab. It is worth noting this strategy favors sideways market conditions for ETH, hence its name.
Deposit on Zen Bull ETH Strategy
You can earn yields on your ETH on opyn.co/strategies/bull. This strategy favors low volatility markets where the price of ETH trends upwards.
Provide Liquidity on Uniswap V3 SQTH-ETH Pool
You can provide SQTH-ETH liquidity at Uniswap via opyn.co/lp. It gives you exposure to ETH 1.5x leverage, but you give up some of your Squeeth in exchange for trading fees.
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: Opyn doesn’t have a token yet, but the team mentioned that they will launch one as the protocol grows in the future.
Airdropped Token Allocation: The team mentioned that most of the tokens will be distributed to the community, DAO, or in the form of grants. This means airdrop opportunities for early users of the protocol!
Airdrop Difficulty: The steps are easy to complete, but it will require ETH.
Token Utility: Token utilities are unknown.
Token Lockup: There are no available tokenomics yet.
Nexon Finance’s testnet is now live on zkSync, and users of the protocol can potentially qualify for an airdrop. In this article, we will explain what Nexon Finance is and what you can do to position yourself for the airdrop.
Nexon Finance ($NXN) Airdrop Step-by-Step Guide
Here’s how to get a potential Nexon Finance ($NXN) airdrop:
Connect Your Wallet to zkSync Era Testnet
Bridge ETH Goerli to zkSync
Claim Testnet Tokens on Nexon Finance
Use the Supply, Borrow, Withdraw, and Repay Features
Nexon Finance offers a collection of DeFi lending services that enhance the efficiency of lending and borrowing crypto assets for users. These services are supported by zkSync, a highly secure ZK-rollup that supports almost all tokens and offers instant, low-cost transactions.
By taking advantage of zkSync’s low network congestion, Nexon is able to reduce the impact of high Ethereum gas fees while maintaining security and user control. The Nexon ecosystem includes various products such as pooled lending and peer-to-peer lending, with the goal of creating a comprehensive suite of offerings.
Does Nexon Finance have a Token?
Yes, Nexon Finance confirmed in its whitepaper that there will be a $NXN token. The token offers governance capabilities, enabling stakeholders to make important decisions related to user incentives, grants, and protocol parameters. Additionally, the token provides revenue sharing opportunities, allowing users to earn a portion of the protocol’s revenue by holding the rbNXN token. This incentivizes long-term supporters of the project to continue backing it.
According to its tokenomics, $NXN has a total supply of 97 million tokens. 61% of it will be allocated to community incentives, which usually means an airdrop-opportunity.
How to Receive Potential $NXN Airdrop?
The best chance to receive the $NXN airdrop is to interact with their testnet to be included in the snapshot. Here’s a step-by-step guide:
Connect Your Wallet to zkSync Era Testnet
Go to testnet.nexon.finance and connect your MetaMask wallet. Switch the network to zkSync Era Testnet (or Alpha Testnet if you added the RPC last year).
Bridge ETH Goerli to zkSync
Claim some Goerli ETH for gas fees from faucets such as goerli-faucet.pk910.de or goerlifaucet.com. Then, bridge them to zkSync using the zkSync Bridge. It will take a few minutes for the assets to pop up in zkSync.
Claim Testnet Tokens on Nexon Finance
Click on “Claim Tokens” on the top right hand corner of the screen, then click on “Tweet & Proceed” to start using the testnet.
Use the Supply, Borrow, Withdraw, and Repay Features
Select any asset and enable the “collateral” button on the right side of the tab. You can choose to supply, borrow, withdraw, and repay these assets.
Complete Crew3 Tasks
Nexon Finance has a Crew3 page with various tasks. Connect your Discord account and complete these tasks for a higher chance of receiving an 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: Although Nexon Finance has not officially confirmed the $NXN airdrop, their tokenomics show a large portion of the tokens will be allocated for community incentives. This usually indicates an airdrop for testnet users.
Airdropped Token Allocation: $NXN has a total supply of 97 million tokens. 61% of it will be allocated to community incentives (e.g. airdrops)
Airdrop Difficulty: It is very easy to qualify for the airdrop. All you have to do is connect to the zkSync testnet network in your MetaMask, claim testnet tokens, and start supplying and borrowing assets.
Token Utility: $NXN is a governance token that also has revenue-sharing capabilities, incentivizing long-term supporters.
Token Lockup: 12% and 2% of the total supply are allocated to team members and advisors, respectively. There will be a 6-month lockup and 3-year linear vesting for each.
Collab.Land announced a token airdrop along with the launch of their DAO and Marketplace. The token claim starts on February 23, 2023. Here’s what you need to do to be eligible for their airdrop.
Login to your Discord or Telegram account and log in to your Discord or Telegram account. If you hold a Collab.Land Membership or Patron NFT, you should first join the Collab.Land Discord and claim your role before proceeding with the token claim process.
After the video, there will be a page showing your $COLLAB token airdrop.
Enter your Ethereum address and click “Claim” to have your $COLLAB tokens sent there. No message signature or gas fees are required.
Collab.Land provides a community management platform for tokens and NFTs that can be integrated with Discord and Telegram. The platform allows for easy assignment of permissions to users based on their token ownership, so if a user possesses a specific NFT, they can gain access to exclusive channels according to the NFT’s metadata. Collab.Land also performs regular checks in the background to confirm that users still hold the digital assets that allow them to access the community.
Thousands of communities use Collab.Land to provide token-based access to private chats and content, such as Axie Infinity, Time, and NBA Top Shot.
What is the Collab.Land ($COLLAB) token?
The $COLLAB token will be used for governance.
Who is Eligible for the Token Airdrop?
The following four groups are eligible for the $COLLAB airdrop:
Verified community members in Discord or Telegram
Collab.Land’s top 100 Discord communities based on membership, longevity, and activity
Authorize your Discord or Telegram account and log in to your Discord or Telegram account, as the case may be. If you hold a Collab.Land Membership NFT or a Patron NFT, you should first join the Collab.Land Discord and claim your role before proceeding with the token claim process.
After the video, there will be a page showing your $COLLAB token airdrop.
Enter your Ethereum address and click “Claim” to have your $COLLAB tokens sent there. No message signature is required, and you don’t need to pay gas.
How to claim your $COLLAB tokens (Source: ispeak_nerd)
How many $COLLAB tokens will I receive?
The number of $COLLAB tokens you will receive depends on whether you are a Community Member or NFT holder:
Community Members on Discord or Telegram each get 10 tokens. So those of you who verified both Discord and Telegram would get 20 $COLLAB.
Membership NFT holders with token ID between 0 – 28313 (based on a snapshot taken on 14 February 2023 at 12pm PST) will get 1,412 $COLLAB per NFT.
Patron NFT holders with token ID 0-141 (based on a snapshot taken on 14 February 2023 at 12pm PST) get 281,690 $COLLAB per NFT.
$COLLAB Token Distribution
The total supply of $COLLAB is at 1 billion tokens. The DAO Treasury reserves 50% for future distributions and use. 25% goes to the Lens Protocol team and their partners and investors. The remaining 25% goes to retroactive distribution, which is the airdrop.
Within the retroactive distribution, 60% of $COLLAB goes to the top 100 Discord communities. 16% goes to Collab.Land Patron NFT holders. Another 16% goes to Collab.Land Membership NFT holders, and the last 8% goes to verified community members as of 14th February, 2023.
Collab.Land 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: Collab.Land confirmed there will be an airdrop on 23rd February, 2023.
Airdropped Token Allocation: 60% of $COLLAB goes to the top 100 Discord communities. 16% goes to Collab.Land Patron NFT holders. 16% goes to Collab.Land Membership NFT holders. The last 8% goes to verified community members as of 14th February 2023.
Airdrop Difficulty: If you made the snapshot on 14th February, you just have to wait and claim the tokens starting on 23rd February. But if you missed it, you can try to purchase a Collab.Land Genesis Membership NFT or a Collab.Land Patron NFT on OpenSea.
Token Utility: The primary purpose of the COLLAB token is to be utilized for governance within the Collab.Land ecosystem. If individuals choose to become a part of this community, they will have the opportunity to participate in the governance process as a member of the Collab.Land DAO. Together, they will vote on feature requests, provide bounties, curate the Marketplace, and undertake other governance-related activities.
Token Lockup: The 25% of the total $COLLAB distributed to the core team, investors and partners have a four-year time-based vesting schedule with a one-year cliff.
Frequently Asked Questions (FAQs)
What is Collab.Land?
Collab Land is a decentralized, blockchain-based virtual world where users can build, share and monetize their own 3D creations.
What is the purpose of the Collab.Land Token Airdrop?
The purpose of the Collab.Land Token Airdrop is to reward early adopters of the Collab Land platform with free $COLLAB tokens
What is the value of $COLLAB tokens?
At the time of writing, the value of $COLLAB tokens are $0.254554
How can I get $COLLAB tokens?
You can get $COLLAB tokens if you were eligible fo an airdrop. Otherwise, $COLLAB tokens are traded on UniSwap. See our Uniswap tutorial here.
How many $COLLAB tokens will I receive?
Community Members on Discord or Telegram will each get 10 tokens. So if you verified both Discord and Telegram, you would get 20 $COLLAB. Membership NFT holders with token ID between 0 – 28313 will get 1,412 $COLLAB per NFT. Patron NFT holders with token ID 0-141 get 281, 690 $COLLAB per NFT.
When will the $COLLAB token airdrop end?
You can claim your $COLLAB token airdrop anytime between 6pm MST on 23 February and 23 May 2023
How do I claim by Collab.land $COLLAB token airdrop?
Go to wagmi.collab.land. Authorize and log on to your Discord or Telegram account. After watching the video, enter your Ethereum address to receive your $COLLAB.
