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Cryptocurrency News Articles

Crypto airdrop: all the latest news of the week

Jul 20, 2024 at 02:00 pm

Several projects are continuing with their incentive campaigns, with many rewards on the horizon in the coming months. Among the most important, we mention Etherfi with Season 2, Scroll, and Grass. An airdrop from the Telegram ecosystem is also on the way, with the Dogshouse project about to hit the market.

Crypto airdrop: all the latest news of the week

In this article we see all the latest news of the week on the crypto airdrop front.

Several projects are continuing with their incentive campaigns, with many rewards on the horizon in the coming months. Among the most important, we mention Etherfi with Season 2, Scroll, and Grass. An airdrop from the Telegram ecosystem is also on the way, with the Dogshouse project about to hit the market.

All the details below.

Crypto airdrop: green light for the claim of Etherfi Season 2

The famous protocol of restaking EtherFi, announced a few days ago the start of the claim phase for Season 2 of its crypto airdrop.

All users who between March 15 and June 30 have accumulated Loyalty Points, by depositing or holding assets within the platform, are eligible for the prize.

After the success of the first season, which awarded over 86,960 users with 68 million ETHFI tokens, equal to 6.8% of the supply, here are new prizes on the horizon.

To check if you can claim the airdrop, click on the official claim page, connect your wallet, and verify the allocation.

Season 2 ETHFI claims are live: https://t.co/Zhqhe9VvoO Please only click official links

For the second season Etherfi has allocated 53 million ETHFI tokens, equal to 5.3% of the supply, for a value of approximately 121 million dollars.

At the moment, only 16.4% of the airdrop has been claimed by about 27,000 users, while the remaining 83.6% still needs to be redeemed.

The maximum allocation was 10,000 ETHFI while the minimum was only 1 ETHFI (a significantly lower figure compared to S1 where the minimum was 175 ETHFI).

Despite the total prize being slightly lower, it is worth noting that in the last season there were fewer users participating.

Now all eyes are on Season 3, officially started on July 1st and ending in the first days of September.

For this latest season, 25 million ETHFI tokens, equivalent to 2.5% of the supply, have been set aside. This prize pool should attract new users and incentivize current stakers to stay with EtherFi instead of seeking external yield.

A proposal to allocate 25M ETHFI tokens for Season 3 has been posted on discourse. Voting will be open for the next 5 days. Go vote now! https://t.co/DvmywtP6vx

The layer-2 Scroll introduces the Canvas mode

The well-known Ethereum layer-2 Scroll has introduced a new feature that could have an impact on the next crypto airdrop of the platform.

Following the launch of the Sessions incentive program, and the start of phase 0 and phase 1, Scroll publishes the initiative “Canvas”.

This is a collection of badges NFT that users can mint based on their on-chain metrics. The more active one has been within the Scroll ecosystem, the more badges can be minted, elevating one’s score and on-chain reputation.

Collecting these NFTs could result in a boost for the airdrop allocation of the upcoming SCROLL cryptocurrency.

We point out, however, that at the moment, holding this type of assets does not guarantee the accumulation of marks points, essential to obtain a substantial reward.

You can mint your NFTs by going to the “ecosystem” section and clicking on the various badges.

Scroll Canvas Update! ?Many of you have already minted the Scroll Canvas NFT, but there are new badges available for minting that you might not be aware of.These new badges could boost your chances for the Scroll airdrop, so be sure to mint as many as possible.Mint new… pic.twitter.com/WZWsUEJxqs

For the more experienced and daring users in the world of airdrop farming, we report how on the decentralized platform Tranchess it is possible to farm both the Scroll airdrop and the Etherfi airdrop.

By depositing funds in the staYWEETH-weETH pool, you get marks, loyalty points, and turbo points all at once, with an additional multiplier for Etherfi’s S3.

Strategies of this type allow for the optimization of one’s cryptographic resources, taking advantage of multiple yields with various types of incentives.

New funds don't stop coming, troopers! We're excited to introduce our newest ETH Funds using $eETH from @ether_fi:? Turbo Points EtherFi ETH (turPWEETH) ? Stable Yield EtherFi ETH (staYWEETH)More marks on @Scroll_ZKP, more points, and more yield for all of you…? pic.twitter.com/zmY7JMX9nK

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Original source:cryptonomist

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