ConsenSys is celebrating the upcoming Ethereum Shanghai/Capella upgrade with the launch of a new NFT collection called “Ethereum, Evolved: Shanghai”. The NFT claim period begins on April 12, 2023, at 9pm EST and lasts for 72 hours. If you have a MetaMask wallet, you can mint the open edition for free (excluding gas fee). So act fast to claim your piece of Web3 history!
Learn more about the Ethereum Shanghai (Shapella) upgrade and the road toward Ethereum 2.0 here.
ConsenSys Free NFT Claim Step-by-Step Guide
Here’s how to claim the free ConsenSys NFT:
Visit the “Ethereum, Evolved: Shanghai” NFT Minting Page
ConsenSys is a leading blockchain technology company that focuses primarily on the Ethereum ecosystem. Joseph Lubin, an Ethereum co-founder, established it in 2014. The company aims to drive decentralized applications (dApps) and infrastructure adoption on Ethereum. It provides tools, products, and services like MetaMask and Infura to help developers, businesses, and individuals build next-gen applications and access decentralized web technologies.
ConsenSys is also a founding member of the Enterprise Ethereum Alliance (EEA). This global organization consists of various businesses, startups, research institutions, and Ethereum experts. Launched in 2017, the EEA’s primary goal is to develop open, blockchain-based standards and promote Ethereum adoption in enterprises. Through member collaboration, the EEA seeks to create best practices, architectural guidelines, and industry-specific use cases. This approach helps integrate Ethereum into the business world more effectively and securely.
About the Ethereum Shanghai/Capella Upgrade
The Shanghai/Capella upgrade is a technological milestone in the history of blockchain that will enable users to withdraw staked Ethereum assets. The upgrade is expected to have significant improvements for stakers, the Ethereum staking ecosystem, and DeFi, reducing liquidity risk and inspiring confidence in liquid staking protocols.
The upgrade will also enable Staking withdrawals, increasing the portability of stake and driving further innovation in the staking sector. Stakers will be able to evaluate different offerings based on factors such as rewards maximization, validator performance, simplicity of the user experience, and fees, and will play a critical role in preserving Ethereum’s values.
You can claim your free NFT at the ConsenSys minting page. The claim window will be open for 72 hours starting from 9pm EST on April 12, 2023. Here’s a step-by-step guide:
Visit the “Ethereum, Evolved: Shanghai” NFT Minting Page
In order to mint the NFT, you will need to connect your MetaMask wallet. The network is on the Ethereum mainnet.
Mint and Claim NFT
Click the “Claim Your NFT” button, confirm your MetaMask address, and you will have minted yourself an NFT! The mint itself is free, but you will need some ETH to cover gas fees. You can also choose to mint again, but be careful of the gas fee.
Keep in mind that the Ethereum network may get busier at times, as more people are rushing to mint the NFT. Gas fees can get higher when the network is congested.
View NFT on MetaMask Portfolio
Once you claimed your NFT, you can see it in your MetaMask Portfolio under the NFTs tab. You can also trade it on OpenSea.
SpartaDex is a unique concept of decentralized exchange with implemented gaming layer, built on Arbitrum. It allows users to build their Spartan settlement, gather resources, recruit an army and conquer barbarian territories. The yield and profits are directly related to the user’s progress through the game.
SpartaDex incentivizes liquidity providers of whitelisted pools with their native $SPARTA token. Providing liquidity to selected pairs of partner projects also rewards in the project token.
Does SpartaDex Have a Token?
Yes, SpartaDEX has a native token called $SPARTA. The project team has announced on Twitter that there will be a $SPARTA token airdrop for the community.
How to Get the $SPARTA Token Airdrop?
The best chance to get the $SPARTA token airdrop is to (1) hold a Spartan NFT and (2) interact with the app:
The project team has confirmed that Spartan NFT holders are eligible for future airdrops. All NFTs have been minted already, but you can purchase one in OpenSea.
The SpartaDex testnet is now live on Polygon Mumbai. Only whitelisted addresses are able to interact with it now (those who completed the Galxe campaign). However, its mainnet will launch on Arbitrum later this year, and it is open to the public. Those who missed the whitelist opportunity can then interact with the game for a chance to get the 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. (pascuccirestaurant.com)
Likelihood of Airdrop: SpartaDex has confirmed a $SPARTA token airdrop for Spartan NFT holders and early app users once the token is launched.
Airdropped Token Allocation: The project team has not yet published details of the airdropped token allocation.
Airdrop Difficulty: Consider purchasing a Spartan NFT if you are prepared to maintain ownership over an extended period; otherwise, it may not be a valuable investment.
Token Utility: Staking $SPARTA provides Real Yield, which comes not only from commissions earned by the exchange but also from income generated by game-related microtransactions.
Token Lockup: Tokens allocated to ecosystem rewards will follow a 72-month linear vesting with halving mechanism. On the other hand, tokens allocated to the project team and advisors will follow a 6-month cliff and an 18-month linear vesting.
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.
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.
The Script Network testnet just went live, and you can earn points from completing simple tasks, which directly correspond to your token rewards. In this article, we will explain what Script Network is and what you can do to position yourself for the airdrop.
You can use our referral code 9GYApp1S3I to sign up for their testnet!
Script Network, also known as Script TV, is a decentralized streaming platform powered by their own layer-1 protocol, Script Blockchain. It aims to solve some of the problems the current streaming industry is facing. Apart from video streaming services, the system provides incentives for decentralized bandwidth and content-sharing, all at a more affordable rate than conventional service providers. Moreover, users can earn tokens (i.e. $SPAY) and other rewards from watching content, hence their watch-to-earn economy model.
Script Blockchain
Script Blockchain is a specialized blockchain designed to relay video and data. Its unique multi-BFT consensus design includes Validator Nodes and Lightning Nodes that propose and verify new blocks. The blockchain also supports Turing-complete smart contracts, allowing for new user experiences and attribution models for DApps.
With smart contracts, users can enjoy digitized item ownership, innovative payment models, and trustless crowdfunding mechanisms. As a result, community members can host and relay live stream video data globally. The network is run by thousands of community members, eliminating the need for a single central server or service.
Who is the Team behind Script Network?
Abiel Alazar and Akeem Ouko are the co-founders of Script Network, which has a team of team skilled professionals with previous work experience at Sony, HBO, Spotify, EA, PayPal, Nike, and Adidas. They’re backed by some of the prominent Web3 organizations including Chainlink, NFTrade, Poolz, and Gate.io.
Does Script Network have a Token?
Yes, in fact, Script Network uses a dual token system — $SCPT and $SPAY:
$SCPT is the governance token used to manage the network and content through a decentralized autonomous organization (DAO), with a fixed supply of 1 billion tokens. It can also be used as payment for advertising and earned by running a node. Furthermore, users can stake $SCPT to receive crypto and NFT rewards.
$SPAY is the operational token that is used for serves as a means of rewards, transactions, and upgrading ScriptGLASS, which is the required NFT for watch-to-earn. Unlike $SCPT, $SPAY has a token supply of 5 billion with a 7%-9% yearly inflation. Its primary function is to facilitate all transactions on the blockchain, including payment for sharing a video stream, interacting with smart contracts, and NFT transaction fees, among others.
Script Network has confirmed airdropping 10% of the total $SCPT supply and 7.5% of the initial $SPAY supply to the community. Here’s how to potentially get a $SPAY airdrop:
Sign up for Script Network
Interact with Script Network
Create a wallet.
Request $SPAY and $SCPT tokens from faucet.
Stake tokens
Transfer tokens between wallets
Complete tasks on Crew3
Sign up for Script Network
Go to token.script.tv/tv and click “sign in/sign up.” Connect your wallet such as MetaMask, and then sign up with your email. You can use our referral code 9GYApp1S3I.
Interact with Script Network
Once you have logged into Script Network, you’ll see all the channel and program schedules as you scroll down. You can select any video to watch, and there is a live chat room as well!
Go to token.script.tv/dashboard to see your account analytics. You can see your rewards and referral code here. There are also other features on the DApp, but they aren’t open currently.
As of now, there are four ways to earn points for the airdrop:
Log in every day.
Watch at least one video every day.
Talk on the live chat.
Invite friends with a referral code.
Create a wallet
To qualify, you need to sign up at the Script Network website here. To create a new wallet click “Create a Wallet” at the bottom of the page. Then you will be required to set up a password, tick the disclaimer, and download keystone onto your device. Afterward, copy down the 12-word recovery phrase and keep it safe. Finally, unlock your wallet to continue.
Script Network wallet
Request $SPAY and $SCPT tokens from faucet
To request $SPAY tokens, go to “Receive” in your wallet and “Faucet”. Afterward, you will be automatically logged out and asked to re-login. This is for security reasons. You will receive your testnet $SPAY tokens within 10–15 minutes.
To request $SCPT tokens, you will need to type in your Script Native wallet address in their #scpt-token-faucet Discord channel. You will receive your testnet $SCPT tokens within 24 hours.
Stake tokens
Note this option is only available to those who are running a test edge, lightning or validator node.
Transfer tokens between wallets
To transfer tokens, go to “Send” in your Script wallet. Choose which token ($SPAY or $SCPT) you wish to send, the destination address and the amount. Then hit “Send” and confirm the transaction with your wallet password.
Complete tasks on Crew3
Script Network has a Crew3 Questboard where users can complete tasks in order to earn XP points. Tasks include signing up to Script Network, joining and participating in their social media channels etc. The team has confirmed on their Discord channel that the XP rewards earned on Crew3 may be converted to rewards and used as the snapshot for the leaderboards. To participate in the Script Network Crew3, go to their Crew3 Questboard, connect your wallet, and complete the tasks.
Script Network 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: Script Network has confirmed a $SCPT and $SPAY airdrop to the community.
Airdropped Token Allocation: 10% of the total $SCPT supply and 7.5% of the initial $SPAY supply will be airdropped.
Airdrop Difficulty: The four tasks are very easy to complete, just make sure to do them every day.
Token Utility: $SCPT is the governance token used to manage the network and content display, whereas $SPAY will be the operational token for transaction fees, rewards, and upgrading the ScriptGLASS NFT.
Token Lockup: The issuance of $SCPT tokens will follow a strict vesting schedule, indicating that Validators agree not to trade tokens during the initial six months and instead contribute them to the staking pool during this timeframe to facilitate the network’s functioning.
Spin is a decentralized crypto trading platform built on NEAR Protocol. It offers users a secure, fast, transparent, and cost-effective way to trade in digital assets. Their user experience is designed to be competitive with centralized exchanges, while still providing the benefits of decentralization. Spin has already completed its first airdrop in December 2022 and was a huge success. Don’t worry if you missed out on their first airdrop because Spin is now in the final countdown for its second (bigger) airdrop, and a snapshot will be taken soon. Here’s our guide on how you can get the second Spin token airdrop.
Spin ($SPIN) Airdrop Step-by-step Guide
Spin has successfully completed its first airdrop in December 2022. Here’s how to get the second $SPIN token airdrop:
Spin is a decentralized trading platform built on NEAR Protocol. It provides users with a range of products and services designed to meet the needs of both novice and experienced traders, DeFi investors, and those seeking passive income. Spin combines the best of CeFi and DeFi to create an advanced 360° trading platform that offers a user experience comparable to that of a centralized exchange, without compromising on security, speed, transparency, or trading costs. Their features include spot trading, instant swaps, and perpetual features. They will also be launching their Automated Investment Products (AIPs) soon.
What is the Spin token?
Spin has a native token known as $SPIN and is a utility and governance token. Utilities of the $SPIN token include:
Staking $SPIN can entitle you to 50% of the platform’s fees.
Trading actively on Spin can get you $SPIN token incentives as a reward.
Market makers receive $SPIN according to the amount of liquidity they provide, the spreads, and their uptime.
Vault users can receive rewards for depositing in Vaults (e.g. options premiums) and $SPIN tokens.
$SPIN has a total token supply of 1 billion tokens, of which 2.0% of the total token supply (i.e. 20 million $SPIN) will be allocated towards airdrops. Of this, 0.5% i.e. 5 million $SPIN have already been distributed in their first airdrop. So the second larger is going to be 3 times the size of the first!
How to receive $SPIN airdrop?
Spin has already done a first airdrop in December 2022. During this airdrop, 0.5% of the total token supply (i.e. 5 million $SPIN), were allocated to the Early Adopters’ Airdrop.
Spin confirmed they will have a final $SPIN token airdrop for not-so-early users before their token launch, and which activities will qualify. 1.5% of the total $SPIN token supply (i.e. 15 million $SPIN), will be distributed in this airdrop. But, the vesting period will be stricter and longer. Here’s how to get the second $SPIN token airdrop:
Use Spin mainnet.
Participate in the Spin community.
Own Spin NFTs.
Use Spin mainnet
Spin’s mainnet has already been launched and all activities on it will count towards the second airdrop. Their protocol offers spot, perpetuals trading, and decentralized option vaults (DOV). To use Spin’s mainnet, go to their website and click “Trade on Spin”. Then, connect your wallet. You can then trade on their perpetual markets, spot markets and swaps. They also have a “Strategies” feature which allows users to choose a strategy to deposit funds. These Strategies will then start to generate income from option premiums. This is by running a weekly automated covered call strategy. Note however that this is Spin’s mainnet, so you will be using your own funds to trade.
Participate in the Spin community
Be an active participant in the Spin community by following their Twitter, and joining their Discord and Telegram. You can also go to Spin’s Crew3 questboard to complete their quests. However, this is only available for those who have the Spinosaur role on Discord.
Own Spin NFTs
Spin has released its own set of Freaky Elves NFTs. Owning a Freaky Elf NFT gives you the following perks:
Guaranteed and priority access to the SPIN IDO (Initial DEX Offering).
Access to premium product features on Spin. Such as fee discounts, early access to alpha features, special avatars, etc.
Get special Discord roles and private chat access with other NFT holders.
All Freaky Elf NFTs have been minted. However, you can buy them from NFT marketplaces such as Para.
How to claim Spin token airdrop?
As mentioned, Spin has already done a first token airdrop where 0.5% of the total $SPIN supply (i.e. 5 million $SPIN) was airdropped to users. These airdropped $SPIN tokens are required to be locked up for 3 months after the public token sale. To claim your first Spin token airdrop, go to their Airdrop Page and connect your wallet.
Spin 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: Spin has done a successful airdrop before and confirmed they will do a second one soon.
Airdropped Token Allocation: 1.5% of the token supply (i.e. 15 million $SPIN), will be distributed in this airdrop.
Airdrop Difficulty: Participating in this airdrop is going to be difficult. Users will have to be active on the Spin mainnet, and although they have different products to choose from (e.g. spot or perpetual trading), it does require users to use their own funds. Spin has also confirmed that holding its Freaky Elves NFT may entitle you to airdrops, but these have all been minted already. So you will need to buy them from NFT marketplaces.
Token Utility: $SPIN and is a utility and governance token. $SPIN is also distributed as a reward for various activities on the protocol.
Token Lockup: Those who received the first $SPIN airdrop are locked up for 3 months after the public token sale. The team has said that the lockup for the second $SPIN token airdrop will be “stricter and longer”, but it is unknown how long it will actually be.
Thala Labs is a decentralized finance (DeFi) protocol that is building a yield-bearing stablecoin and a liquidity provisioning layer on Aptos. Thala is currently in testnet phase, and will eventually release its $THL token and airdrop. In this article, we provide the ultimate Thala Labs ($THL) token airdrop guide so you can be in the best position to maximize any potential airdrop.
Thala Labs ($THL) Airdrop Step-by-step Guide
Here’s how to receive a potential Thala Labs ($THL) token airdrop:
Thala is a decentralized finance (DeFi) protocol that operates on the Aptos blockchain. In its most recent funding round, Thala raised US$6 million in a seed round co-led by Shima Capital, White Star Capital and Parafi Capital. Thala offers two main products: Move Dollar and Thala Swap.
Move Dollar (MOD) is a decentralized, censorship-resistant stablecoin designed to facilitate transactions, interactions, and other activities within the Aptos DeFi ecosystem. It is backed by a basket of on-chain assets, including liquid-staked derivatives, liquidity pool tokens, deposit receipt tokens, and RWAs. Hence it provides users with a store of value, a medium of exchange, and a unit of account. MOD also offers users the opportunity to earn yield on their investments.
Meanwhile, Thala Swap is an automated market maker that enables users to create dynamic pool weightings. This protocol supports a variety of pools, such as weighted pools, stable pools, and liquidity bootstrapping pools. Thala Swap unlocks additional use cases for MOD tokens and provides deep, long-term liquidity. Additionally, Thala’s launchpad provides a secure and equitable way of distributing tokens for projects and market participants.
What is the Thala Labs ($THL) token?
THL is the token of Thala Labs- it is a governance token that is native to Aptos. The THL token allows holders to vote on proposals and make decisions about the future of the protocol. Through Thala Improvement Proposals (TIPs), token holders can initiate proposals, vote on issues, and suggest changes to protocol parameters. This allows holders to have a say in the direction of the protocol and transition it to a DAO model.
Will there be a Thala Labs ($THL) token airdrop?
According to Thala’s Documentation, there will be a total supply of 100 million THL tokens. 35 million $THL (35%) is allocated to incentivize people to use the protocol and Thala’s other future products. It is worth noting that in their tokenomics, they specifically mention airdrops in their $THL emissions schedule and total circulating supply graphs. From these graphs, we can see that around 8.3 million $THL will be distributed via airdrops and that this will all be distributed within the first year of their Token Generation Event (TGE).
$THL emissions schedule and total circulating supply (Image Source: Thala Documentation)
With the amount of funding that the project has raised, and the success of the Aptos airdrop in the past, it is highly likely that Thala will also do an airdrop in order to attract even more users onto their platform.
How to get a potential Thala Labs ($THL) token airdrop?
Thala Labs has recently launched Thala Swap on testnet for the general public to try out. It is hoped that using Thala Swap would make you eligible for any potential airdrop. Here’s how to get a potential Thala Labs ($THL) token airdrop:
Go to Thala and connect your wallet. Thala currently supports Martian, Pontem and Petra wallets. Note you will need to change to Aptos Testnet to connect to the site.
Get testnet APT tokens
Get testnet APT tokens on Thala by clicking “Faucet”, and “Collect to claim”. Then, choose your wallet and then click “approve”. You can also get APT directly from your wallet (we used Martian wallet). To do this, click “Airdrop”. Then, connect your wallet to Apotos Labs, verify the transactions on your Martian wallet, and click “Activate faucet”. You will then receive 1 APT in your wallet, but you can click “Activate faucet” multiple times to get more APT tokens.
Create a vault
Go to the “Vaults” tab and click “Create vault”. To create a vault, you will need to deposit $APT tokens and borrow $MOD. Note you will need to borrow at least 500 $MOD, meaning that you must deposit at least 70 $APT.
Deposit $MOD to the stability pool
Click on the “Stability pool” tab, choose the amount of $MOD you wish to deposit, and click “Deposit”.
Redeem $MOD for $APT
Click on the “Redeem” tab, choose the amount of $MOD you want to redeem, and click “Redeem”. Note you will need to pay a redemption fee.
Add to liquidity pools
Click on the “Liquidity pools” tab, choose which pool you wish to add liquidity to, then click “deposit”. Select the number of tokens you wish to add then click “Add liquidity”.
Submit bug reports
If you find a bug on the Thala platform, report it! Developers reward this! To do this, go on Thala’s Discord channel and submit a report there.
Collect an exclusive Thala NFT
To collect an exclusive Thala NFT, go to Thala’s Galxe campaign page and complete the 10 tasks to receive an OAT NFT. Tasks include liking and retweeting Thala’s tweets, using ThalaSwap, and joining their Discord etc.
Thala Labs ($THL) 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: Thala Labs have confirmed they will have a $THL token and will be doing an airdrop. However, the team has not released details of the future airdrops yet.
Airdropped Token Allocation: We can see from their documentation that around 8.3 million $THL tokens will be allocated towards airdrops. Also, any airdrops will be within the first year of their TGE.
Airdrop Difficulty: As they are still in testnet stage, interacting with the protocol is free. So if they do an airdrop to reward early testers of the platform, you could potentially get an airdrop for free!
Token Utility: The $THL token will be used for governance.
Token Lockup: There are no details on the airdropped token lockup yet.
SpaceFi is the first web3 platform that will connect the Cosmos and Layer2 networks through zkSync. It offers a variety of products, including a decentralized exchange (DEX), non-fungible tokens (NFTs), a starter platform, and a spacebase. SpaceFi has already confirmed it will launch its $SPACE token, and will distribute some of these tokens via airdrops. In this article, we give you a guide on how you can earn free money with a potential $SPACE token airdrop.
Did you know that zkSync is also doing an airdrop? This will give users the chance to potentially DOUBLE your airdrop rewards if you interact with both SpaceFi and zkSync! Check out: zkSync ($ZKS) Token Airdrop Guide: Earn double rewards!
SpaceFi ($SPACE) airdrop step-by-step guide
Here’s how to receive a potential SpaceFi ($SPACE) airdrop:
SpaceFi is a revolutionary platform that will connect Cosmos and the Ethereum Layer 2 ecosystem via zkSync. Through SpaceFi, users can trade, earn, mint, stake, sell, create, and invest in a variety of projects. With SpaceFi, users can swap assets, farm rewards, mint, and stake Planet NFTs, join or create a spacebase, and invest in new projects. SpaceFi provides users with a secure and efficient way to manage their digital assets.
What is the SpaceFi ($SPACE) token?
$SPACE is the native token of the SpaceFi protocol and according to their Tokenomics, would be allocated to stakeholders most aligned with the strategic direction of SpaceFi. The $SPACE token can also be converted into $xSPACE by locking $SPACE at a 1:1 ratio with a 30 days unbonding period. Meanwhile, $xSPACE can be earned from farming on their platform, or converting $SPACE tokens directly. $xSPACE can also be staked on farms to earn more xSPACE and can be used for SpaceFi governance.
SpaceFi will have an initial supply of 60 million $SPACE tokens at genesis. 30 million $SPACE has already been released on Evmos mainnet on 7th March 2023. The remaining 30 million $SPACE will be released on zkSync mainnet when it is launched. The team has already said that a part of these tokens will be allocated toward airdrops and on the platform, there is already an airdrop page up.
How to get a potential SpaceFi ($SPACE) token airdrop?
SpaceFi is already available on zkSync testnet. So one way to potentially get a $SPACE token airdrop is to interact with the protocol in anticipation of the zkSync Era mainnet launch. Here’s how to get a potential SpaceFi ($SPACE) token airdrop:
On the platform, click the “Swap” tab. Select how many and which type of token you want to change to $tSPACE, then click “Approve”. Approve the transaction on your MetaMask and click “Swap” and “Confirm swap” on the SpaceFi platform.
Add liquidity to SpaceFi pools
Click on the “Pool” tab and “Add liquidity”. Then choose the 2 tokens you want to add to the pool. You may need to approve the use of the token by clicking “Approve”, then “Supply”.
Join the SpaceFi Crew3
Join the SpaceFi Crew3. On Crew3, You can also complete the quests on Crew3 which include following their social media accounts and joining their guilds. Completing each quest allows you to claim a reward.
SpaceFi ($SPACE) token airdrop review
Likelihood of Airdrop: SpaceFi have already confirmed they will do an airdrop. There is even an airdrop page up on their platform!
Airdropped Token Allocation: The team have confirmed a portion of the 60 million $SPACE tokens released at genesis will be allocated towards airdrops.
Airdrop Difficulty: So far, it seems that interacting with the SpaceFi testnet could make you eligible for an airdrop. But, there are many steps that need to be done (though fortunately only with testnet funds). Also, there are quite a few Crew3 quests to do.
Token Utility: The $SPACE token can be used for staking and is given as rewards to SpaceFi’s supporters.
Token Lockup: 60 million $SPACE will be released at genesis (30 million already released on Evmos mainnet, and later, 30 million upon zkSync Era mainnet launch). There will be a total supply of 600 million $SPACE, with token issuance being cut by one-third every year until the maximum supply of 600 million is reached.