Boxmining v2

Tag: testnet

  • Kaspa Finance Airdrop Campaign Full Guide

    Kaspa Finance Airdrop Campaign Full Guide

    Introduction

    Kaspa Finance is emerging as a significant player in the decentralized finance (DeFi) space, building on the high-speed and scalable Kaspa EVM (Kasplex L2) blockchain. With its innovative approach to DeFi, including ultra-fast swaps, AI-powered trading bots, and multi-reward farming, Kaspa Finance aims to provide a robust and efficient ecosystem for users.

    This article will serve as your ultimate guide to understanding the Kaspa Finance project, with a primary focus on how to participate in their confirmed airdrop campaign to earn valuable KFC tokens. We will also delve into the project’s overview, team information, funding details, and revenue model, providing a holistic view for potential participants and investors.

    Kaspa Finance Airdrop: Step-by-Step Guide

    The Kaspa Finance airdrop campaign is designed to reward early adopters and active participants within its ecosystem. The total airdrop token pool is 10,000,000 $KFC, with 2 million tokens allocated for Phase 1. Below is a detailed, step-by-step guide on how to interact with the project and maximize your chances of receiving an airdrop.

    Phase 1: Early Interest & Social Engagement

    Phase 1 focuses on onboarding early adopters and growing the Kaspa Finance community through social engagement. Completing these tasks will earn you points towards the airdrop.

    1. Go to https://app.kaspafinance.io/airdrop
    2. Follow Social Media: Follow the official Kaspa Finance social media accounts, particularly their X (formerly Twitter) account @KaspaFinance.
    3. Retweet Launch Announcement: Retweet the official launch announcement from @KaspaFinance.
    4. Connect & Engage on Social Accounts: Connect your social media accounts and actively engage with Kaspa Finance content. This helps in tracking your participation and assigning points.

    Phase 2: Testnet Usage & On-Chain Activities

    Phase 2 rewards users for actively using the Kaspa Finance testnet, focusing on trading, swapping, farming, staking, and providing liquidity. These actions contribute significantly to your airdrop points:

    Claim Faucet Tokens

    Trading & Swaps

    • Go to https://app.kaspafinance.io/swap
    • First Swap: Complete your very first swap on the Kaspa Finance testnet.
    • Daily Active Trading: Perform 5 or more swaps daily.
    • Weekly Volume Leader: Aim to be among the top 50 users in weekly trading volume. There are on-chain milestones for users who cross $1,000 and $10,000 in weekly trading volume.

    Liquidity Provision

    • Go to https://app.kaspafinance.io/liquidity
    • Add Initial Liquidity (> $100 USD): Provide over $100 USD worth of liquidity to the DEX.
    • Add Major Liquidity (> $1,000 USD): Provide over $1,000 USD worth of liquidity.
    • Add Whale Liquidity (> $10,000 USD): Provide over $10,000 USD worth of liquidity.
    • Maintain Liquidity for 7+ days: Earn a +50% bonus points for maintaining liquidity for at least 7 days.
    • Maintain Liquidity for 30+ days: Earn a +100% bonus points for maintaining liquidity for at least 30 days.

    Farming & Staking

    • Go to https://app.kaspafinance.io/pools
    • Provide Liquidity: Add liquidity to supported pools to start earning yield and automatically accumulate points.
    • Long-term Farming: Maintain your farming position for 14 days or more.
    • Maximum Farming: Maintain your farming position for 30 days or more.

    Daily Activities & Bug Bounties

    • Bug Reports: Report valid bugs found on the platform for rewards.
    • Daily Spin/Dice Roll: Participate in daily spin/dice roll activities. Consistent participation for 7 consecutive days for on-chain milestone.
    • Referral System: Earn points for each valid referral. Referrals must actively participate in the platform’s usage to count (Sybil Protection).

    Phase 3: Mainnet Usage

    This phase involves interacting with the Kaspa Finance mainnet once it launches.

    • Stake KFC/IOU Token: Stake a minimum amount of KFC/IOU tokens on the mainnet. The minimum quantity will be announced later.
    • Consistent Staking: Maintain staking for 7 consecutive days.
    • Same Points Structure as Phase 2: The points structure for mainnet usage will largely mirror that of Phase 2.

    Phase 4: Social Media Amplification

    This phase focuses on rewarding users for creating high-value social media content.

    • AI Bot Scoring: An AI bot will score posts based on value, tone, and content analysis to detect spam and reward points accordingly.
    • Original Content Creation: Create original content using the hashtags #KaspaFinance and tagging @KaspaFinance, along with $KFC.
    • Thread about Kaspa Finance Experience: Create a detailed thread about your experience with Kaspa Finance.
    • Viral Tweet: Achieve a tweet with over 1,000 engagements for bonus points.
    • Social Sharing Consistency: Earn a 1.5x multiplier for consistent social sharing for 7 days.

    Ongoing Plan for the Campaign

    • Real-Time Updates: Points will update every 15 minutes.
    • Live Rankings: A campaign dashboard/leaderboard will display live rankings.
    • Weekly Snapshots: Weekly snapshots will be taken for tier qualification.

    Multipliers & Bonuses

    • Early Bird Multiplier: A 1.5x points multiplier for the first 48 hours of certain activities.
    • Consistency Bonus: A +20% bonus for daily activity streaks.
    • Whale Bonus: Additional multipliers for large transactions.