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.
Synthr is a synthetic asset protocol built on Ethereum, Aptos, Sui and Sei. It allows users to mint and trade on-chain derivatives using trustless financial contracts. Most importantly, the team has already confirmed they will do an airdrop! Here’s our Synthr token airdrop guide, which will help you best position yourself for maximum airdrops!
Did you know that some people made over US$10,000 during the Aptos airdrop? Now, Sui is ALSO following suit and doing a potential airdrop. Check out our Sui token airdrop guide!
Synthr ($SYNTH) airdrop step-by-step guide
Here’s how to receive a potential Synthr ($SYNTH) token airdrop:
Synthr is a DeFi protocol that provides traders with access to a universal and omni-accessible market. It was created by a team of experts in DeFi and traditional investors with real-world trading experience. Synthr’s goal is to enable traders to take advantage of the opportunities offered by DeFi solutions and to break down the barriers of traditional finance. It provides traders with the tools they need to succeed in the ever-evolving world of trading.
What is the $SYNTH token?
$SYNTH is the native token of Synthr. According to Synthr’s Whitepaper, $SYNTH will be rewarded for depositing into their vaults. There will be an initial supply of 690,095,238 $SYNTH released at the Token Generation Event (TGE). Most importantly, the team has already confirmed they will allocate 1.7% of these tokens (i.e. 11,731,619 $SYNTH) towards an airdrop. However, there are no further details on when and how Synthr will do the airdrop.
How to get a Synthr $SYNTH token airdrop?
Synthr have confirmed they will do an airdrop, but not how and when this will be. This is likely because Synthr is in a very early stage of development. Their testnet is currently only live for their OGs (of which there are only 100 people). But, is expected to be available for the public in Q1 2023. According to their FAQs, they expect to launch their mainnet in late Q1 2023/early Q2 2023. However, it is likely this will be delayed. Nevertheless, this means you are still early and have a good chance to be part of their future airdrop. Here’s how you can best position yourself for a future Synthr ($SYNTH) token airdrop:
Doing this will put you in the best position to be the first to know when details of the airdrop are finally announced.
Synthr ($SYNTH) 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: Synthr has already confirmed they will do an airdrop. But the details are unknown.
Airdropped Token Allocation: The team has confirmed that 1.7% (i.e. 11,731,619 $SYNTH) of the $SYNTH tokens released at the TGE will be allocated towards airdrops.
Airdrop Difficulty: The Synthr testnet is not open to the public yet. So the only things that can be done now to position yourself for the future airdrop is to join their Discord and follow their social media channels.
Token Utility: The $SYNTH token is given as a reward for depositing into the Synthr vaults.
Token Lockup: Over 690 million $SYNTH will be released at TGE. According to their Whitepaper, the vesting period for a major part of the total token supply have been drawn out for as long as 60 months.
Hunting for crypto airdrops is a great way to make free money. Some people have made as high as $10,000 from the Aptos token airdrop. If you missed it, Quai Network is another upcoming project with airdrop qualifications happening right now. Let’s take a look at what Quai Network is and what you can do to receive their token airdrop before it’s too late!
Quai Network ($QUAI) Airdrop Step-by-step Guide
Here’s how to receive a potential Quai Network ($QUAI) token airdrop:
Quai Network is a decentralized network of multiple proof-of-work (PoW) blockchains running in unison. These blockchains have native interoperability, allowing for cross-chain transactions and messages. It is also fully EVM compatible, allowing any Solidity contract to be ported and deployed.
Quai Network provides a novel approach to blockchain scaling, different from parallel processing chains such as Aptos and Sui. It aims to maximize the energy efficiency of PoW by introducing the concept of modularity.
Proof-of-Work 2.0 (PoW2)
Quai Network sought to improve upon the PoW consensus mechanism by addressing its environmental concerns. For the longest time, Bitcoin’s PoW algorithm has been infallible, but it also consumes massive amounts of energy. And it will continue to rise as mining difficulty increases after every Bitcoin Halving event. This is why Ethereum switched to proof-of-stake (PoS).
But Quai Network believes that PoS is inherently centralized due to the amount of money it requires to be a validator, creating a gap between the validator “class” and everyday users. Therefore, Quai Network has introduced an upgraded version of PoW called Proof-of-Work 2.0 (PoW2) where hash power can be reused to secure multiple chains. This is achieved by utilizing a novel combination of merged mining and sharding, reducing computational cost while allowing the network to scale more efficiently.
Merged Mining
Merged mining is the process of securing multiple blockchains with one miner, allowing miners to earn rewards in multi cryptos without having to switch between networks or use additional hardware. It was first conceived by Satoshi Nakamoto in the Bitcoin white paper, in which a completely seperate blockchain could share CPU power with Bitcoin, inheriting the same security and decentralization of Bitcoin without requiring dedicated miners.
Quai Network uses this concept, but instead of having Bitcoin as a parent chain, it has its own parent chain (the Prime Chain) which secures the many other chains beneath it by sharing hashrate. This improves throughput over monolithic chains such as Solana without the need for layer-2 solutions. Moreover, Quai Network is horizontally scalable, which means additional chains can be added to meet network demands. This is possible because of their multi-chain architecture.
Multi-Chain Architecture
Quai Network’s architecture makes use of sharding by dividing a single blockchain into multiple smaller and faster blockchains to improve network performance, similar to Ethereum and Polkadot. Its network is divided into a hierarchical structure of three different types of chains. At mainnet launch, Quai Network will begin with the single Prime Chain, three Region Chains, and nine Zone Chains.
Prime Chain
The Prime Chain is at the core of the entire network, utilizing a hashing algorithm that is shared across all subordinate chains (Region and Zone). It aggregates and settles state transitions across the network, which means miners are required to mine the Prime Chain to keep the blockchains functional.
However, it has the highest mining difficulty, which means it has the slowest throughput (one block every 15 minutes). Therefore, it is not ideal for simple transactions and DApp activities. It is mostly for use in situations where the whole network is being addressed and securing the network.
Region Chains
There are three Region Chains at mainnet launch: Cyprus, Paxos, and Hydra. These chains have lower mining difficulty, thus a higher throughput than the Prime Chain (one block every 5 minutes). These chains handle lesser network interactions that are not necessary to address the entire network. They can also interact natively on the network, but each require unique mining power. Therefore, a miner can only mine a single Region Chain at a time, in addition to the Prime Chain.
Zone Chains
At mainnet launch, each Region Chain will have three Zone Chains under it. These Zone Chains have the highest throughput (one block per 10 seconds) and TPS capacity, making them ideal for regular transactions and contract interactions. As such, most activity on Quai Network will occur on Zone Chains. They are also able to interact with other Zone chains, even those under different Region Chains. But similar to Region Chains, miners can only select one Zone Chain to mine.
Coincident Blocks
Coincident Blocks tie the whole hierarchal structure together, linking all chains which enables cross-chain state transfers and periodic pegging of all chains to the Prime Chain’s total work. These blocks allow the entire network to inherit the same security of the Prime Chain, governed by three rules:
All Prime blocks must contain a Region and Zone block.
All Region blocks must contain a Zone block.
Zone blocks can be mined asynchronously without being included in a Prime or Region coincident block.
Basically, a Coincident block occurs when (1) a Prime, Region, and Zone block are confirmed at the same time OR (2) when just a Region and Zone block. Each time a Coincident block is mined, all blocks since the last coincident block are then confirmed by the Region Chain, continuing upwards until the Prime Chain — think of it as a roll call. Therefore, chains lower in the hierarchy can inherit the security of the Prime Chain while still conducting independent activities.
Who is the Team behind Quai Network?
Quai Network is developed by Dominant Strategies, a technology development company based in Austin. The company was co-founded in 2019 by Alan Orwick, Jonathan Downing, Karl Kreder, Yanni Georghiades, and Sriram Vishwanath, all of whom worked together in the Electrical and Computer Engineering department at the University of Texas. They co-wrote and published the white paper for Quai Network in December 2021.
Dominant Strategies has raised $10 million over two funding rounds — $8 million from Polychain Capital in March 2022 and $2 million from Alumni Ventures in May 2022.
Does Quai Network have a Token?
Yes. $QUAI will be used to ensure network security and as an exchange of value in the ecosystem. Their token supply is hard-capped but its total number is not yet determined. According to their tokenomics, 25% is distributed as “adoption incentives”, 3% for “community” and 0.5% for “testnet incentives.” This means token airdrop opportunities for early users of Quai Network!
How to Receive Quai Network ($QUAI) Token Airdrop?
Quai Network has a Social Media Rewards Program that will airdrop $QUAI tokens for engaging with their Twitter, YouTube, Reddit, TikTok, and Instagram. Compared to other projects, this is one of the easiest ways to earn free tokens.
To begin, join their Discord server and follow their Twitter account. Afterwards, you can check your rewards on the Quai Dashboard. If you have a Citizen role in their Discord server, you will have a 1.5x multiplier for your $QUAI rewards. You can obtain it by completing their survey here. It is easy to do if you have some degree of understanding of the project.
From here on out, Quai Network will reward you $QUAI tokens for your engagement with their social media platforms. As of now, only Twitter and Reddit rewards are available. YouTube, TikTok, and Instagram rewards will be available soon.
Liking and retweeting Quai Network’s Tweets that are less than seven days old (limited to twice a day).
Make a Tweet mentioning Quai Network. Original and insightful Tweets that are liked or replied by Quai Network will grant you additional rewards.
Reddit
Make a unique post in their channel (limited to twice a day).
Make a post about Quai Network in another approved crypto-related Subreddit (limited to twice a day).
It is worth noting that your account must have more than 50 post/comment karma, and the post must be approved by their team. Therefore, it will some time for your rewards to show if you make a post on Reddit.
Quai 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: Quai Network’s token airdrop is now live!
Airdropped Token Allocation: According to Quai’s tokenomics, 25% will be distributed as “adoption incentives”, 3% for “community” and 0.5% for “testnet incentives.” This could mean token airdrop opportunities for early users of Quai Network!
Airdrop Difficulty: Quai Network has a Social Media Rewards Program that will airdrop $QUAI tokens for engaging with their social media accounts on Twitter, YouTube, Reddit, TikTok, and Instagram. This is one of the easiest ways to earn free tokens compared to other projects!
Token Utility: The $QUAI token will be used to ensure network security and as an exchange of value in the ecosystem.
Token Lockup: Participants of Quai Network’s Social Media Rewards Program will receive their $QUAI tokens upon Quai Network’s Mainnet Launch
ArbiSpace ($ARS) is a crypto launchpad built on Arbitrum. They recently announced a live $ARS airdrop event which will end on 6th March 2023. In this article, we will explain what ArbiSpace is and how to position yourself for their airdrop.
ArbiSpace ($ARS) Airdrop Step-by-Step Guide
Here’s a step-by-step guide on how to get a potential ArbiSpace ($ARS) token airdrop:
ArbiSpace leverages the layer-2 rollup technology of Arbitrum to create a secure and smart launchpad for DeFi developers and investors. Essentially, it provides DeFi projects with all the features and tools they need. For example, for token issuance, liquidity management, community operations, and DAO governance. Meanwhile, everyday users can invest in crypto projects at an early stage, with the potential to get the most profit. It also offers revenue-sharing protocols for yield farmers, and has strict moderation mechanisms integrated for safety and security.
Does ArbiSpace have a Token?
ArbiSpace confirmed on their document that there will be a total supply of 170 million $ARS. There will be an initial supply of 300,000 $ARS. ArbiSpace will split this into two rounds: a private round of 130,000 $ARS and a listing round of 170,000 $ARS. The ArbiSpace team has 10.2 million $ARS locked for two years with a linear vesting of 5%. Also, 13.46 million $ARS locked for two years with a linear vesting of 5% for marketing campaigns.
Farming rewards will receive the largest share of 146 million $ARS. Additionally, the smart contract will release 100,000 $ARS per day for farming rewards in a 4-year period according to pre-set rules.
ArbiSpace Airdrop Rounds
40,000 $ARS have been allocated to airdrops. Arbispace announced on Twitter that their airdrop event is now live for a limited time. The team will allocate 20,000 $ARS (worth around $15,000) for a second round of airdrop after 6th March.
All you have to do is go to gleam.io/iocyb/arbispace-special-airdrop-event and complete the tasks to be eligible for the $ARS airdrop. The tasks are very simple. You just have to submit your Arbitrum One wallet address, follow them on Twitter and Telegram. Retweet ArbiSpace and quote their pinned Tweets. You can also refer a friend to boost your chances of getting more $ARS airdrop.
Complete these simple tasks for ArbiSpace airdrop (Source: ArbiSpace)
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: ArbiSpace confirmed on their document that there will be an $ARS airdrop.
Airdropped Token Allocation: 40,000 $ARS in total will be airdropped. The first round, consisting 20,000 $ARS, is live, and the cutoff date is 6th March 2023.
Airdrop Difficulty: The tasks for the airdrop are very simple to complete. All you have to do is (1) submit your Arbitrum One wallet, (2) follow them on Twitter and Telegram, (3) retweet them and quote their pinned Tweets, and (4) and refer a friend for extra entries.
Token Utility: $ARS will be used as a fee for token minting, launchpad, and smart contract locking. $ARS will also be rewarded for yield farming protocols.
Token Lockup: The ArbiSpace team has 10.2 million $ARS locked for two years with a linear vesting of 5%. Also, 13.46 million $ARS locked for two years with a linear vesting of 5% for marketing campaigns.
Eggs have suddenly shown up on our airdrop radar. Seemingly with no actual utility, Eggs calls itself an “eggsperiment in decentralized finance”. The $EGGS token also does not seem to have any use. The only thing that is known about them is that the supply of the EGG token is decreasing by around 0. (https://www.iport.com/) 001% per block or around 7% per day. Eggs however have announced a free $aEGGS airdrop coming soon on Arbitrum, and a user snapshot has not been taken yet. So, you can still be eligible for the upcoming airdrop. In this article, we have compiled our ultimate guide on how to get the Eggs $aEGGS token airdrop.
Here’s a step-by-step guide on how to get a potential Eggs ($EGGS, $aEGGS) token airdrop:
On their website, connect your wallet.
Buy $EGGS on UniSwap.
Stake your $EGGS on either the FULL protec or big protec vaults. Note staking on the smol protec vaults does not make you eligible for the $aEGGS airdrop.
On the “deposit” tab, choose the amount of $EGGS you want to stake and click “Approve”.
To withdraw your $EGGS, click on the “withdraw” tab, choose the amount of $EGGS you want to withdraw and click “Approve”.
EGGS is a decentralized finance experiment that is being threatened by the “Egg Cartel”, a group of criminals stealing EGGS and decreasing the supply by 0.001% every block, or around 7% per day. This has caused a crisis in the EGGS market, and users are tasked with looking for ways to protect their investments.
The project asks users to protect their EGGS by depositing them into secure vaults. The full protec vault offers the highest level of protection and has a locking period of 7 days on deposit and partial withdrawals. Meanwhile, Big and Smol vaults offer partial protection in the form of rewards. Both of these vaults have a locking period of 24 hours and partial withdrawals will not lock them. Depositing or claiming rewards will reset the timer and lock for another 24 hours. Protect your EGGS and earn rewards with secure vaults.
Does Eggs have a token?
Eggs have an $EGGS token with an initial supply of 3,324,324,324,357. However, around 931,616,056,878 of $EGG tokens have already been burned. The current supply of $EGGS is less than 2,000,000,000,000 (and decreasing 0.001% every block). EGG has a debasing mechanism to its token supply, which will reduce the number of EGGS in circulation. This will benefit holders of EGGS, as the price of the token will continue to increase if no one is selling and ETH remains stable. The debasing will affect the entire token supply, including EGGS held in vaults and EGGS held in liquidity pools. This is a great opportunity for holders of EGGS to benefit from the increasing value of the token, as the amount of ETH remains the same.
$EGGS tokens do not appear to have any utility. Except that staking $EGGS in either Full, Big or Smol vaults gets you rewards. There are three types of vaults. Full protec vault will fully protect your $EGGS and won’t be affected by debase. But it has a 7-day locking period. The other two vaults only protect your $EGGS partially in the form of rewards of 10 million $EGGS per block (but subject to change). Big protec vault earns you 9/10 of the rewards by staking EGGS/ETH LP on Uniswap V2. Whereas the smol protec vault earns you only 1/10 of the rewards. Both of these vaults only have a locking period of 24 hours. This 24-hour lock will reset every time you deposit or claim $EGGS in the vault.
$aEGGS tokens will be given during the airdrop for those who have locked their $EGGS in the Big or Full protec vaults. However, it does not appear that $aEGGS tokens have any utility either.
The smart contract for the $EGGS token does have a mint function. This can potentially allow the developer to mint unlimited $EGGS and drive down its market prices due to overwhelming supply. However, according to the project, it is a Timelock contract set for 3 days. This means everyone has time to react for 3 days if the developer does do something.
Eggs however does not seem to be a project with any purpose or token utility, so users and potential airdrop hunters should exercise caution.
How to Receive Potential $aEGGS Token Airdrop?
Eggs has announced on Twitter it will be doing a FREE airdrop on Arbitrum. A snapshot has not been taken yet so users still have a chance to join and be eligible for the airdrop. However, to be eligible for the $aEGGS airdrop, users must have either staked their $EGGS in the Big or Full protec vault. The Smol vault does not count and unclaimed rewards do not count toward the airdrop. According to the team, more details will be announced soon.
$aEGGS is a FREE airdrop coming to Arbitrum. Snapshot has NOT been taking yet. To be eligible you either have to be in Big or Full protec vault. Smol vault does NOT count and unclaimed rewards does NOT count either. 🥚
Here’s how to receive a potential $aEGGS token airdrop:
On their website, connect your wallet.
Buy $EGGS on UniSwap.
Stake your $EGGS on either the FULL protec or big protec vaults. Note staking on the smol protec vaults does not make you eligible for the $aEGGS airdrop.
On the “deposit” tab, choose the amount of $EGGS you want to stake and click “Approve”.
To withdraw your $EGGS, click on the “withdraw” tab, choose the amount of $EGGS you want to withdraw and click “Approve”.
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 Eggs team have already announced an airdrop. Details are coming soon.
Airdropped Token Allocation: The amount of $aEGGS to be airdropped are unknown.
Airdrop Difficulty: The project has announced that only the Full or Big protec vaults will be eligible for airdrops. However you must buy $EGGS and stake them. And there does not seem to be any actual utility for $EGGS.
Token Utility: There does not seem to be any utility for both $EGGS or $aEGGS.
Token Lockup: The $aEGGS token lockup period is unknown.
Increment Finance is built on the zkSync ecosystem which allows on-chain perpetual swaps that feature automatically concentrated liquidity, dynamic fees, and parametrizable pools. Increment Finance launched on the same day as zkSync Fair Onboarding Alpha. Following this launch, projects on zkSync can continue running contests and bug bounty programs. This means a possibility of airdrops on zkSync ecosystem projects such as Increment Finance. In this article, we provide a guide on how you can potentially get an Increment Finance ($INCR) token airdrop.
Learn more about how to get a potential zkSync airdrop. And don’t miss out on any other upcoming airdrops by signing up for the NEW Boxmining Newsletter to get alerted!
Increment Finance is built on zkSync Era (i.e. zkSync 2.0). It is a decentralized, algorithmic perpetual swaps protocol that features automatically concentrated liquidity, parametrizable pools, and dynamic fees. The protocol joined zkSync Era’s Fair Onboarding Alpha which was launched on 16th February 2023.
Increment Finance is backed by venture funds such as Parafi Capital, Delphi Capital, Dialectic, LedgerPrime, AngelDAO and Skyvision Capital.
Features of Increment Finance
There are 3 main features of Increment Finance. The protocol supports multi-asset collateral (e.g. stablecoins and synthetic assets etc.) for trading perpetual swaps. Increment Finance also integrates Curve V2 Crypto Pools for improved liquidity and trade execution. Finally, users can increase buying power by minting more virtual assets using the Curve V2 trading engine.
What is the Increment Finance ($INCR) token?
Increment Finance has not launched its token, or its tokenomics and distribution model yet. But its latest blog post suggests it would have the ticker symbol $INCR. According to its documentation, the $INCR token will be for governance.
Increment Finance has recently taken a poll, and a proposal was passed that 9,200,000 $INCR (i.e. 46% of its total token supply) will be allocated toward 3 community distributions. In the first phase, 400,000 INCR will be distributed retroactively and be available immediately to specific members of the Increment Finance community. These community members include contest winners, community writers, beta testers and those with a community role. However, the ERC-20 token contract will initially be paused, so the INCR token will not be transferable. A breakdown of which addresses will receive the initial 400,000 INCR tokens is available here.
Phase 2 will distribute 1,000,000 tokens to the community within the first year of the token launch. Finally, the third phase will distribute another 1,000,000 tokens to the community within the second year of the $INCR token launch.
What is the status of Increment Finance?
Increment Finance has joined zkSync’s Fair Onboarding Alpha, which was launched on 16th February 2023. The project is currently actively
Will there be an Increment Finance ($INCR) token airdrop?
Increment Finance has not announced an $INCR token airdrop yet. However, they are actively discussing issues of token creation and distribution in their Governance proposals. Poll voting has recently ended and a governance proposal on phase 1 of $INCR token creation and distribution has been passed. So far, it has been decided that there will be 3 community distributions of the $INCR token. And how the first phase of 400,000 INCR will be distributed has been agreed upon. So here’s hoping the issue of airdrops would be specifically discussed soon. (https://bestsellerpublishing.org/)
How to participate in any potential Increment Finance ($INCR) token airdrop?
Increment Finance has not announced any airdrop yet. However, from the latest passed governance proposal, we can see how Increment Finance community members were eligible for phase 1 of the $INCR community distribution. These members will be retrospectively airdropped a total of 400,000 $INCR between them when the token launches. So based on who were eligible for phase 1 of the $INCR community distribution, here are some ways you can be eligible for any potential $INCR token airdrop:
Participate in any Increment Finance contests or tournaments;
Participate in any beta testing;
Find and report any potential cases of sybil attacks (coming soon); and
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: No airdrop has been announced yet, but a governance proposal has recently been passed which sees a retroactive airdrop of $INCR tokens to specific community members when the token launches. So an airdrop is likely.
Airdropped Token Allocation: Increment Finance has recently taken passed a governance proposal to allocate 9,200,000 $INCR (i.e. 46% of its total token supply) toward 3 community distributions.
Airdrop Difficulty: Increment Finance has not launched its protocol for all users yet. So far the ways to potentially get a $INCR airdrop is to participate in their contests and vote on governance proposals. The latter is relatively straightforward.
Token Utility: The $INCR token is used for governance.
Token Lockup: The ERC-20 token contract for $INCR will initially be paused, so the INCR token will not be transferable by those who got airdrops in phase 1 of the community distribution. However, it is unknown how long this pause will be.
EVO Wallet is an Aptos Network wallet available on both iOS and Android. The wallet will allow users to send and receive Aptos tokens ($APTOS), store their cryptocurrencies, swap tokens, and more. In this article, we give you a complete guide on how to get a potential EVO Wallet airdrop.
EVO Wallet is a cryptocurrency wallet for the Aptos ecosystem. It is available for download on both iOS and Android. The wallet boasts an amazing UI/UX and allows users to send and receive APTOS, swap tokens, and safe storage of their cryptocurrencies. EVO wallet also has security features such as two-factor authentication and is non-custodial.
EVO Wallet
Does EVO Wallet have a token?
EVO Wallet does not have a token, and there is no documentation available to indicate whether or not they will eventually have one. But they have done various competitions in the past where they awarded Aptos tokens ($APT) to winners.
How to receive EVO Wallet Token Airdrop?
EVO Wallet is currently running an airdrop campaign until 7th March 2023! Here are the following steps required in order to get a potential EVO Wallet token airdrop:
— EVO Wallet / Aptos (@EvoWalletAptos) March 3, 2023
Join for a chance to get a potential airdrop!
Little is known about the project and it is at a very early stage of development. So we expect they will have even more airdrops and giveaways in the future.
Airdrop Review
When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.
Likelihood of Airdrop: EVO Wallet has done previous contests where they rewarded winners with Apotos tokens ($APT). For the current airdrop, the reward seems to be an exclusive Aptodino NFT.
Airdropped Token Allocation: Their tokenomics is not yet available, so this information is unknown for now.
Airdrop Difficulty: The current airdrop is very simple and only requires downloading their wallet and replying to the team’s Tweet.
SharDex is now live on Shardeum Liberty 2.X, and they have launched a million-point airdrop plan. Users can earn Share Points by inviting friends and completing simple tasks on their Crew3 page. These points will be translated to token rewards in the future. In this article, we will explain what SharDex is and what you can do to position yourself for the airdrop.
Use our invite link to sign up with their testnet (we each get Share Points)!
SharDex ($SDT) Airdrop Step-by-Step Guide
SharDex hinted at several ways you could get a token airdrop. Here’s how to get a potential $SDT airdrop:
SharDex is a new trading platform that has been launched on the Shardeum blockchain. It leverages Shardeum’s dynamic state sharding to provide users with the best possible on-chain trading experience for assets. The platform includes a range of asset management solutions, such as Bridge, Swap, NFT Marketplace, Launchpad, and DAO.
These features allow users to easily transfer assets from other chains to Shardeum, and exchange them for other assets in a secure, affordable, and user-friendly way. With SharDex, users can manage their assets more efficiently and take advantage of the benefits of decentralized trading.
Does SharDex have a Token?
Yes, SharDex’s ticker symbol is $SDT, as confirmed on their testnet. Please note that this is not to be confused with the Soul Bound Token (SBT), which is obtained by successfully referring 3 friends and serves as an admission ticket for their future Initial DEX Offering (IDO).
SharDex has also confirmed in its roadmap that there will be an $SDT airdrop in the future.
How to Receive $SDT Airdrop?
The best way to get the $SDT airdrop is to earn Share Points on the testnet and claim the Soul Bound Token (SBT). You can also use the testnet products (i.e. swaps, liquidity pool, bridge) to qualify for a potential snapshot. Here’s a step-by-step guide:
Enter SharDex Waitlist with Our Referral Link
Use our invite link to enter the SharDex Waitlist (we each get Share Points)! Connect your MetaMask wallet and switch the network to Shardeum Liberty 2.X.
Afterwards, bind your Twitter and Discord accounts, and you will have your own referral link to invite friends for more Share Points.
Claim SBT and Complete Crew3 Tasks
After successfully referring 3 friends, you can claim your SBT and join the SharDex NFT Waitlist for the Genesis Airdrop. Additionally, you can complete their Crew3 tasks to earn more Share Points. They are very easy to complete.
Swap Tokens
From this point on, it’s optional, but participating may increase your chances of being included in an airdrop if there are snapshot criteria for using the protocol.
Stake some testnet $SDT at testnet.shardex.org/pools. You can choose to stake manual SDT or Auto SDT, similar to the compounding features of PancakeSwap.
Provide Liquidity and Stake LP Tokens
If you have at least 2 tokens, you can provide liquidity for certain trading pairs by depositing them at testnet.shardex.org/pool. After getting the LP tokens, you can stake them at testnet.shardex.org/farm to earn more $SDT.
Bridge Assets to Shardeum (For SBT Holders Only)
Once you have your SBT, you can use their Bridge feature. You will need some $SHM to cover gas fees. As of now, there are five test coins to bridge between seven different testnets.
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 will be an airdrop in the future, according to SharDex’s roadmap.
Airdropped Token Allocation: Token distribution information will be released soon.
Airdrop Difficulty: The tasks are straightforward and easy to complete. Simply connect your wallet to Shardeum Liberty 2.X, bind your Twitter and Discord accounts, and refer your friends using the invite link. You will earn Share Points for completing these tasks, which can be redeemed for token rewards in the future. Additionally, after successfully referring three friends, SharDex will automatically send an SBT to your wallet, which can be used as a ticket for future IDOs and airdrops.
Token Utility: SharDex has not yet published details of the utilities of $SDT, but it is likely that they will follow a similar model to other DEX protocols, including governance rights, fee discounts, yield farming, and listing fees.
Token Lockup: Tokenomics has not yet been published.
Vertex Protocol’s testnet is currently live, and they are planning to launch their $VRTX token. This means that an airdrop is very likely. In this article, we will explain what Vertex Protocol is and what you can do to position for the airdrop.
Vertex Protocol is a decentralized exchange (DEX) that offers fast and efficient cross-margined spot and derivatives trading, lending and borrowing for yield or leverage, and a robust risk engine for capital efficiency and risk management. It features an easy-to-use UI/UX for both Web3 and Web2 preferences, industry-leading fees, and complete self-custody of funds.
Built on Arbitrum, Vertex leverages smart contracts for optimal liquidity and trading opportunities, multiple UIs catering to traders of different levels and goals, a high-quality software development kit, future tokenomics for strong alignment of incentives and governance rights, and seamless bridging and on/off ramp experiences directly in the dApp. With Vertex, users can enjoy a frictionless decentralized trading experience while having full custody of their own funds.
Does Vertex Protocol have a Token?
Yes, Vertex Protocol confirmed in their litepaper that they are planning to launch their $VRTX token. It is a governance token that allows users to participate in the protocol in a decentralized manner. Additionally, Vertex will create two other tokens: xVRTX, a liquid staking token, and voVRTX, a voting token that cannot be transferred. Both tokens are crucial in rewarding stakeholders at different levels of governance and participation based on their level of commitment to the protocol.
How to Receive Potential $VRTX Airdrop?
Time needed: 15 minutes
The best chance to receive a potential $VRTX airdrop is to interact with the Vertex Protocol testnet. Here’s a step-by-step guide on how to position yourself for the airdrop:
Copy and paste your wallet address at faucet.triangleplatform.com/arbitrum/goerli to claim 0.01 testnet ETH on Arbitrum Goerli. You will need this for gas fee in the next step.
Claim Extra Testnet Funds on Vertex Protocol
After you have some testnet ETH on your Arbitrum Goerli, go to app.vertexprotocol.com/portfolio/faucet. You can mint testnet wBTC, wETH, and USDC here. You can mint as many times as you like, but keep in mind they have no monetary value.
Deposit Funds to Start Trading
Go to app.vertexprotocol.com/portfolio/overview and click “Deposit”, and then approve and confirm the transaction. Keep in mind your deposits may take a few minutes to be reflected in balances.
Trade on Vertex Protocol
Once your funds are deposited, you can start trading on the spot market or perpetuals. Since these are testnet tokens, feel free to go crazy on those trades! We recommend making at least 10 trades per day to secure a position for the airdrop snapshot.
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. (perfumesample.com) Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.
Likelihood of Airdrop: Vertex Protocol has not officially announced an airdrop. However, their testnet is currently live and they are planning to launch the $VRTX token, which means an airdrop is very likely.
Airdropped Token Allocation: Their tokenomics is not yet available, so this information is unknown for now.
Airdrop Difficulty: It is very simple to qualify for the airdrop. All you have to do is connect to the Arbitrum Goerli network in your MetaMask, claim testnet tokens, and start trading.
Token Utility: The $VRTX token is a governance token that enables users to participate in Vertex Protocol in a decentralized manner. The protocol will also introduce two other tokens: xVRTX, a liquid staking token, and voVRTX, a voting token that cannot be transferred. These tokens will be used to reward stakeholders at different levels of governance and participation based on their level of commitment to the protocol.
Token Lockup: The $VRTX token lockup period is unknown for now.
Flare, a new layer-1 Ethereum Virtual Machine (EVM) blockchain has gone live with the launch of two core protocols as well as its FLR token airdrop. All existing XRP holders from participating crypto exchanges including Binance, Bybit, Kraken, and OKX have been distributed FLR tokens. The airdrop marks one of the largest token distributions in crypto history, with over a million users receiving 4.279 billion FLR tokens.
The initial airdrop began at 23:59 UTC on January 9, representing 15% of the FLR’s total token distribution. The remaining 85% of tokens will be distributed over the next 36 months according to the community vote on Flare Improvement Proposal 01 (FIP.01). If passed, the proposal would place a hard cap on FLR’s annual inflation at 5 billion tokens per annum.
Over 4.28 billion Flare ($FLR) tokens were airdropped to XRP holders holding at least 1 XRP based on a snapshot taken in December 2020. FLR tokens were distributed at 1:1, meaning that XRP holders received 1 FLR for every 1 XRP held.
Fortunately, Celsius Network (which is now bankrupt) obtained Court approval for XRP token holders to also receive the Flare ($FLR) token airdrop.
What is Flare Network?
The Flare network serves as an oracle network that allows developers to build apps that are interoperable with the internet and other blockchains. It leverages two interoperable protocols to power its application-building suite: the State Connector and the Flare Time Series Oracle (FTSO).
State Connector
According to their white paper, the State Connector protocol enables smart contracts to interact securely with information and data from other blockchains and internet sources. This function offers powerful data to the network in a decentralized manner on-chain, facilitating the development of cross-chain solutions.
Flare Time Series Oracle (FTSO)
The Flare Time Series Oracle (FTSO) provides prices and data series to DApps running on the layer-1 blockchain without relying on centralized data providers. It is essentially a decentralized data feed oracle that sources data from many independent data providers. In conjunction with the State Connector, it provides inputs for DeFi platforms as DApps can access timely information across different blockchains easily.
Key Takeaway
Flare initiated its token airdrop on Jan. 9, with 4.27 billion FLR tokens distributed to millions of existing XRP holders across various cryptocurrency exchanges including Bybit, Binance, Kraken, and OKX.
The initial token distribution released 15 percent of the full public token allocation, with the remainder set to be released monthly over 36 months. The allocation method for the remaining token supply will be settled by a community vote through the Flare Improvement Proposal 01 (FIP.01).
Flare Network is a layer-1 EVM blockchain that serves as an oracle network to provide developers a platform to build interoperable DApps such as DeFi solutions.
