Preface
In the analysis of the airdrop track in the past two weeks, the author recommended several projects that are currently worthy of interaction in the article. Among them, the author believes that the closest airdrop snapshot is Babylon, a self-custody $BTC pledge agreement with high financing. As $BTC has recently broken through new highs, a lot of funds have flowed into $BTC and its market share has reached a high of 60%. In this article, the author will introduce the key points of Babylon airdrop interaction and estimate its potential currency issuance time.
What is Babylon?
Babylon is a Layer 1 blockchain founded by David Tse, a senior executive of the American Academy of Engineering and a professor at Stanford University. It aims to bring the security of the Bitcoin network to all blockchains, integrate Bitcoin into the PoS ecosystem, and enhance the blockchain Utility and provide a secure service framework, and then provide benefits to Bitcoin holders, creating a win-win situation.
Babylon Financing Background
Babylon was first launched in 2022 with a seed round of US$8 million in financing. It has raised a total of US$103 million in financing so far, led by top venture capital companies such as Paradigm, Polychain and Hack VC, including leading exchanges such as OKX Ventures and Binance Labs. Lay the foundation for future currency listing.
Babylon interactive participation
In previous weekly reports, the author has introduced Babylon interaction many times, including testnet interaction, mainnet staking and its related ecology. In this article, the author summarizes the current mainstream interaction methods, including the following:
1. Official pledge
After many months of testnet interaction, Babylon launched its first mainnet staking in August this year. Mainnet staking will be divided into the following three stages:
•Bitcoin Locking
The first wave of opening stage, this stage is to deposit $BTC.
•Bitcoin Staking Activation
Launch the Babylon Pos Chain and select a final provider with sufficient authorization from the first stage to participate in subsequent accounting verification.
•Bitcoin Multi-Staking Activation
The Babylon protocol will open up any PoS system to take advantage of Bitcoin security, allowing Bitcoin holders to stake in multiple PoS systems to obtain multiple rewards.
Mainnet staking page
Currently, the first and second phases of staking on the Babylon mainnet have ended, and both staking openings reached the staking limit within a few hours, which shows that Babylon is very popular. Points are calculated for both mainnet stakings. The author believes that points will be one of the main basis for future Babylon airdrops, so that we can grasp the opening of the third phase of staking next time!
2. Pledge on third-party platform
In addition to the above-mentioned mainnet staking, Babylon also has many third-party platforms such as Lombard, Solv and PumpBTC. The author has also introduced it in previous weekly reports. The opening time of staking is different from that of the mainnet, and the thresholds are also different. However, there is no official guarantee that you can get the Babylon airdrop by depositing it on a third-party platform. The author’s strategy is to deposit $BTC on these platforms while waiting for the mainnet to open. There is a chance of getting more out of one fish. The picture below shows the current popular three-party agreement. .
3.Galxe tasks
https://app.galxe.com/quest/Babylon
If users with a small capital want to participate in Babylon interaction, but think that the cost of pledging $BTC is too high, they can participate in Babylon's points tasks on Galxe. Among them, social tasks and joint ecological tasks account for the majority, and most of them are zero-cost interactions. .
Babylon Cap3
In the previous testnet task, Babylon divided the task into three chapters, corresponding to the staking limit that was opened three times in sequence. The author speculates that the mainnet staking will also be divided into three times. Just this week, Babylon official Be sure to seize the opportunity to participate in the final staking. The author will also explain the staking details in the DA announcement group before Cap3 is opened.
Conclusion: The third phase is about to issue coins, seize the opportunity to ambush
As $BTC breaks new highs again, many airdrop projects have recently settled their profits. Babylon is a big-name project that the author has been tracking for a long time. Babylon can be said to be the first promoter of $BTC native staking. While coexisting with each chain, it can make $ BTC holders get a more native and secure way to release liquidity.
The author estimates that the third phase of deposits is the last opportunity to participate, and the snapshot is likely to be taken when the upper limit is reached. Babylon is not only a fledgling Bitcoin fi with great potential, but also received financing participation from Binance and OKX as a BTC pledge The number one project, the airdrop income is worth looking forward to!
A must-do for big-name projects: Story Protocol Odyssey
Story Protocol is a decentralized L1 that aims to change the management and monetization of intellectual property rights in the digital age through Web3 technology. Story Protocol provides a simplified framework to manage the entire process of IP development, supporting features such as provenance tracking, frictionless licensing, revenue sharing, and application development.
Story Protocol has currently raised a total of US$134.3 million, led by the famous venture capital A16z. The financing background is very good, and Story Protocol launched the test network in August, which immediately attracted a large number of airdrop players to participate in the interaction of its ecology. The author is also The relevant interactions of Story Protocol have been introduced in previous weekly reports.
Last week, Story announced that it will launch the final test network "Odyssey" on November 24, and released a series of interactive tasks for ecological Odyssey and Odyssey badge casting. Currently, many tasks have not been launched yet, and the large number of people has caused congestion on the chain. The author in this article The article first explains the completion of pre-requisite tasks and personal completed tasks.
1. Get $IP test tokens
https://faucet.story.foundation/
2. Mint Odyssey Badge
https://mint.story.foundation/
Complete social tasks and mint Odyssey badges. Story Protocol has repeatedly mentioned that they are opposed to the multi-account behavior of scientists, studios, etc., so they have specially set a 12.5-point threshold for Galxe Passport, which can be met by connecting to Binance KYC.
3. Ecological Odyssey Mission
https://www.story.foundation/ecosystem
The author is currently testing some interactions due to chain congestion, and the operating experience is not smooth. Currently, I have only done three projects: Color, Unleash, and Punkga. The rest of the teaching will be made up in the future.
4.Color
1. Complete community tasks such as Email, X and Discord.
2.Mint Color Commemorative Odyssey NFT。
3. Buy and sell any item, Color Odyssey NFT is recommended to be cheaper.
4.Mint Any License.
5. Buy any License.
5.Unleash
1. The prerequisites are to bind
2. Stake 0.8 $IP and withdraw 0.2 $IP.
3. Borrow 12 $USDT and return 10 $USDT.
4. Click $IP Supply on the loan page, check Swap Hook, and choose to consume the unreturned $USDT below.
5. Click $USDT Supply on the lending page, check Looping Hook, and adjust any parameter pledge.
6. First go to Verio to pledge 0.9 $IP to obtain the equivalent value of $vIP, and then pledge it to Unleash.
https://www.verio.network/
6. Punk game
1. First register and bind the wallet with your email, then click Enroll to start the task.
2. First select the character in the Map, and then Collect three times for free verification below.
https://punkga.me/events/ava-2024/map/character
3. Select any comic in Mange, like, subscribe and leave a message on the right as shown below.
https://punkga.me/comic/be-yourself-144/chapter/1
4. Complete X and Discord social tasks, which must be completed realistically.
5. Complete the answer. The answer is not fixed and can be tried multiple times.
6. Like any artwork in the Artwork room in the Map.
Featured Project Interaction: Hunting Field
Hunting Field is a small game in the TON ecosystem, which also runs on Telegram Bot. The main gameplay is tower defense clearance. Currently, there are more than 250,000 registered users, and 45% of its tokens will be airdropped to players. The author believes that the difference between Hunting Field and other TON chain mini-games is that it is simple and easy to use while retaining the depth of the game of Play to Earn. It will not be too boring and players can combine it through hundreds of branch skills. Clear customs.
The current reward mechanism of Hunting Field is that you can get token airdrop rewards and $USDT bonuses after completing the level. It has also launched a cooperation event with OKX to airdrop an additional 200 million tokens and 1,000 $OKB. The author thinks it is relatively fun and can make a small amount of airdrops. Way, recommend everyone to play!
The Hunting Field tutorial is attached below:
1. First join the Hunting Field Telegram Bot.
2. Enter the game homepage as shown below. You can log in to receive the gift package and sign in every day. Rewards including OKX cooperation are also on this page. There are three stages to complete.
3. You can enter the gift code HF000058 on the avatar in the upper left corner to get diamond rewards. Note: The gift code comes from X blogger @ouyoung11
4. The bread icon in the picture represents physical strength, which can be used to complete levels.
5. The game screen is as shown below. To upgrade the skill combination to pass the level, the author recommends the ice arrow skill, which is a range skill and is easier to use for control.
6. Gold coins can be used to upgrade skills in Spell, which requires spending gold coins and skill fragments.
Emerging Project Ambush: Laika Layer2
With the recent take-off of $DOGE, the overall ecological performance of Doge chain is also very good. The market value of $DOGE has even reached 57 billion US dollars, surpassing $XRP and becoming the sixth largest token in the market. There are also many people looking for Doge chain behind it. Other opportunities for profit.
Laika is the first Layer 2 project based on Doge chain. It expands the Doge chain ecology, uses smart contracts to enhance the performance of Doge chain while increasing its interactivity, and introduces the latest Defi technology, including faster transaction speed and scalability, allowing Users can seamlessly transfer DOGE native assets between L1 and L2.
Laika will launch the first on-chain $DOGE pledge in history, protect the network with its future issuance of $LAIKA tokens, return assets from centralized exchanges to the chain, and use cross-chain technology to support meme tokenization on other chains. coin, giving tokens like $WIF, $PEPE and others a chance to return to their meme origins.
At present, Laika is currently the leader of the Doge chain ecosystem with a TVL of 4 million US dollars. It has accumulated more than 30,000 active users and processed more than 3 million transactions. The author believes that Laika is a good platform to participate in the Doge ecosystem. It can cross-chain and Swap and other interactions accumulate participation records. And its token $LAIKA will be TGE this month, 35% of which will be allocated to airdrops and ecosystem development, which has certain ambush potential.
Projects with financing potential: StakeStone & Plume Network joint pledge
StakeStone is a full-chain liquidity facility that uses a decentralized approach to bring L2 staking income and provide liquidity. Mingpai will airdrop 6.5% of tokens to staking participants. In March this year, the first round of financing was led by OKX Ventures and Binance Labs for an undisclosed amount. This week it announced a $22 million investment led by Polychain and launched a joint staking event with Plume Network.
The author believes that the time for StakeStone’s coin issuance is approaching, and Plume Network has not yet issued coins, so we can take advantage of the recent and launched joint staking activities to get the best of both worlds.
This joint staking event opened a limit of US$5 million for the first time last week, reaching the upper limit within 10 minutes, and then opened a second pledge limit to US$30 million on 11/7, which was also fully deposited in just 90 minutes. You can see how hot it is. The author believes that you can pay attention to StakeStone’s opening of the third round of staking opportunities and seize the time to deposit. The staking tutorial is attached below.
1. If you don’t have $STONE, you can deposit $ETH into StakeStone to get it.
https://app.stakestone.io/u/eth/stake
2. Or return the previous cross-chain on Scroll to the main network, which currently requires about 10U Gasfee.
https://app.stakestone.io/u/eth/bridge
3. Deposit $STONE into the pool that cooperates with Plume.
https://app.stakestone.io/u/vault/detail/plume
4. If you don’t want to deposit $ETH, you can also deposit $SBTC. You can get it by depositing $BTCB from BNB chain. The subsequent operation method is the same as $ETH.
https://app.stakestone.io/u/sbtc/stake
Airdrop blessing inquiry
1.$OM
https://checker.mantra.zone/
MANTRA, a RWA Layer1 blockchain project, announced last week that it will release an airdrop of 500,000 $OM tokens. The airdrop is mainly targeted at MANTRA mainnet task participants, specific blue-chip NFTs such as PudgyPenguins, Bad Kids and Galxe task participants, and $ATOM Node pledgers can check the wallets of each chain linked above.
2.$MINE
https://app.runemine.com/claim#
RuneMine was one of the popular runestone projects in April this year. The RuneKey NFT series released at that time can obtain RuneMine ecological rewards, whitelists, etc., and RuneMine recently announced that it will airdrop $MINE to the top 10,000 Solana Saga (Seeker) mobile phones. Those who are determined can click on the above link to inquire.
3.$WCT
https://airdrop.walletconnect.network/
Wallet Connect is a well-known wallet link plug-in. It announced last month that it would be airdropped in the first quarter. It had previously been reminded to register in the DA group and was bound to email and GitHub. Wallet Connect will airdrop 18.5% of the total amount of $WCT tokens, which will be determined based on the contribution to Wallet Connect network connection and on-chain interaction.
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