Aptos airdrop season is here.Here’s how to profit

important point

  • Hundreds of projects have announced launches or releases on Aptos, and many are rumored to be planning airdrops.
  • The best way to safely take advantage of Aptos airdrop season is to use as many applications as possible on your network.
  • We’ve created a short step-by-step guide to help readers get involved in the airdrop from the Aptos project, which is rumored to be launching.

share this article

In cryptocurrencies, the launch of a new network is usually followed by an airdrop season. These “seasons” are when all new projects that successfully build applications on the network’s testnet are ready to launch on the mainnet. To drive activity and attract new users to the product, they airdrop allocations of native tokens to early adopters.

For new projects, airdrops are a great way to get noticed and have a fair initial distribution of native governance tokens. For users, it’s a great risk-free way to make money by trying out new applications. The latest example of this is the launch of one of his most anticipated Layer 1 networks, Aptos, and the upcoming airdrop season.

Hunting for Aptos Airdrops

Before digging into how best to take advantage of Aptos’ airdrop season, here’s a quick primer on networking.

Aptos is Proof-of-Stake based Layer 1 blockchain It combines parallel transaction processing with a new smart contract language called Move to achieve very high transaction throughput. It was built by Aptos Labs, a blockchain startup led by Mo Shaikh and Avery Ching, two of his former employees at Meta. It is seen as the technical successor to Meta’s abandoned blockchain project Diem, which is the main reason why it attracted a lot of attention in its early days.

Aptos launch 150 APT tokens (valued at about $1,237 at the time) will be airdropped to users who participate in the incentivized testnet. Less than a month later, hundreds of new projects have announced launches or releases on his Aptos, many hinting at possible airdrops. And while most of these airdrops have yet to be officially confirmed, many airdrop hunters have already started using the application in hopes of qualifying.

The best way to take advantage of this gold rush is to use as many Aptos applications as possible. Many of these applications can retroactively reward users with airdrops. You can start using the network and preparing for the airdrop season with a small amount of capital and reduce your risk. Allocating a low amount to an airdrop hunting strategy is unlikely to exclude you from potential opportunities. aptos news Provides a Notion page containing extensive list of Aptos live and upcoming applications. You can filter projects that are already live on mainnet to see if they have plans to launch their token.

To help you start your Aptos journey and potentially make big profits, we have put together a short step-by-step guide to help you protect your token from several projects rumored for upcoming airdrops. .

1. Get an Aptos wallet

The first step in this process is to download a crypto wallet that supports Aptos. The two most popular wallets right now are: Martian When PontemSome Aptos applications only support one and not the other, so download and install both. Additionally, both wallets are rumored to issue their own tokens, but to be eligible, different procedures must be followed.

For Martian, once you’ve downloaded the Chrome extension and created your wallet, go here. web page, change the network from within the wallet to Devnet, grab some devnet APT tokens, and craft a free Martian NFT. Holding this NFT will increase your chances of receiving a potential airdrop from the project soon.

To qualify for the officially confirmed Pontem airdrop, you must first download pontem chrome extensioncreate a wallet and bridge some tokens to Aptos.

2. Bridging USDC with Aptos Bridge

We recommend using LayerZero to bridge stablecoins like USDC. Aptos BridgeIf you do this you are more likely to kill two birds with one stone. layer zero It is also rumored to issue its own token.

To move USDC to Aptos, go to Aptos Bridge, connect your Ethereum MetaMask wallet with Aptos Pontem wallet, select the amount of USDC you want to move from Ethereum to Aptos,[転送]Click. In minutes, your Pontem wallet on Aptos will be credited with USDC. This will help you qualify for the LayerZero airdrop.

3. Trading on Liquid Swaps

To qualify for the Pontem airdrop, you must use the project’s decentralized exchange on Aptos, Liquidswap. But before we can do this, we need to get some APT tokens as we will need them to pay for gas to trade on Aptos. Currently, the only way to do this is to use a centralized exchange such as Binance, Coinbase or FTX and then withdraw APT to your Pontem wallet on Aptos.

Once you have your APT, move on. liquid swap We hope you can do a simple exchange and qualify for the Pontem airdrop. This should be enough to qualify for the airdrop. However, to further increase your chances, we also recommend offering liquidity. If you followed the previous steps, you should already have USDC and APT in Aptos, so you can provide liquidity to her APT/USDC pool on the exchange. To do this, use thepoolClick on Options in the upper right corner of the Liquidswap homepage, select APT and USDC as the desired tokens,[流動性を提供]Click. You can stop providing liquidity at any time, but we recommend continuing until the airdrop is distributed.

4. Purchase Aptos Monkeys or Aptomingos NFTs

Enchanter Finance Another decentralized exchange from Aptos that has confirmed airdrops. To qualify for this, you must purchase his NFT from either the Aptos Monkeys or Aptomingos collections and follow the steps outlined in the team description. Official airdrop guideThis airdrop campaign will start in the next few days. Stay up to date on the project’s social media accounts. We also recommend doing a quick swap or providing liquidity on the exchange in case you decide to retroactively reward users in the future.

5. Trading on the Cetus Protocol

Consider swapping and liquidity offerings to cover all bases. Cetus protocol A decentralized exchange, as it is another project rumored to launch its token soon. This process is effectively the same as swapping or adding liquidity in Liquidswap and Enchanter Finance.

6. Start liquid staking in Tortuga

Another project you should consider using is Aptos’ liquid staking protocol Tortuga. While not officially confirming the airdrop, Tortuga has announced plans to issue its own tokens to distribute to users. To qualify for Tortuga’s potential airdrop, you can stake his APT on Tortuga’s yielding tAPT token. liquid staking application and provide liquidity APT/tAPT trading pair On Aptos’ AUX Decentralized Exchange.

final thoughts

Many of the potential airdrop opportunities are unconfirmed, so there’s a good chance some of them won’t materialize. It is worth considering that it may be susceptible to hacking. This is especially true for decentralized exchanges that may experience liquidity issues or suffer from platform-wide outages.

That said, looking for Aptos airdrops using only small amounts should outweigh the inherent risks of using nascent Layer 1 networks and their smart contract-based protocols. As you go along, there’s every reason to get stuck following our guide.

Disclosure: At the time of writing, the author of this work owned ETH and several other cryptocurrencies.

share this article Aptos airdrop season is here.Here’s how to profit

Show More
Back to top button