Warm-up: Soneium and Astar join hands in layout
In order to welcome the upcoming launch of the Soneium mainnet, the community has recently launched a wave of "Astar Surge" pre-heating activities. This move is not directly carried out by the official or the foundation, but is spontaneously promoted by the ecological project. Through the lock-up mechanism on Astar EVM in advance, users who hold $ASTR or $vASTR can earn "points". It can be exchanged for the project token at the Token Generation Event (TGE) of each project. It is worth noting that the five protocols participating this time all belong to the Soneium ecosystem, which is equivalent to using Astar to lock up the Soneium token airdrop opportunity in advance.
What the outside world is paying attention to is that this wave of "Astar Surge" points will be directly linked to Soneium's protocols. In the future, when the Soneium mainnet is launched and cross-chain cross-chain is completed, users can import locked assets or earned points into Soneium to unlock the corresponding protocols. Function. In other words, if you are an $ASTR user, you can earn 5 types of points by locking your position once, and you can receive the corresponding airdrops once the mainnet is launched. This is a good early arrangement for investors who are optimistic about Soneium in the long term. Chance.
Further reading
After a year, Sony finally launched the blockchain Soneium, which will create an influential digital economic platform!
Sony’s dad supports! Sony blockchain Soneium testnet goes online and launches incubator
Focus: 5 major protocols focusing on lending, trading and leverage strategies
This event includes 5 major protocols: Sake Finance, Yay!, Untitled Bank, SoneX and Kyo Finance. Each project has its main features:
Sake Finance: combines lending, stablecoin and leverage strategies;
Kyo Finance: Emphasis on operational simplification and user experience optimization based on liquidity provision;
SoneX: focusing on lightweight AMM DEX, combining cross-chain and subsequent derivative functions;
Untitled Bank: Using a modular lending model, anyone can customize banking services;
Yay!: It is an ecological platform with community interaction characteristics.
Although these projects have different functions, they all provide similar staking entrances in "Astar Surge" to lock staking and accumulate points through the Agent NFT smart contract.
Source: Astar Sake Finance, Yay!, Untitled Bank, SoneX and Kyo Finance 5 major protocols jointly participate in the "Astar Surge" event
It is worth noting that the entire technical foundation adopts the ERC-6551 NFT smart contract wallet model. The $ASTR or $vASTR representing the participant will be encapsulated through a special gateway contract (DepositGateway), and finally used as Agent NFT in Astar EVM. It is held in a certain way and cannot be withdrawn before a specific date (February 1, 2025). If assets need to be cross-chained to the Soneium main network in the future, the same Agent NFT can also be used for the operation. The overall experience is quite intuitive. Just connect to the official page and complete the locking process in a few clicks.
Tutorial: How to have $ASTR in your wallet
Because currently mainstream exchanges (Binance, OKX) cannot directly transfer $ASTR to the EVM wallet, (Crypto City) specially compiled four simple steps for everyone:
Step 1: Download Nova Polkadot Wallet
Source: (CryptoCity) Chart Download Nova Polkadot Wallet
Step 2: Withdraw $ASTR from the exchange to Nova Wallet
Image source: (Crypto City) Chart Withdraw $ASTR from the exchange to Nova Wallet
Step 3. Use Nova to connect to Astar Portal
Source: (CryptoCity) Mapping Use Nova to connect to Astar Portal
Step 4. Transfer Nova’s $ASTR to the EVM wallet
Source: (CryptoCity) Chart Transfer Nova’s $ASTR to EVM wallet
There are also many cross-chain transactions on the Internet through Polkadot wallet, but the process is too complicated, so it is not recommended for everyone to use it.
Tutorial: Easily earn 5 types of airdrop points in 3 simple steps
If you already hold $ASTR in your EVM wallet or obtain $vASTR through Astar EVM, the participation method can be roughly divided into three steps.
first step
Enter the "Astar Surge" event page and select the protocol you want to lock up (you can choose from all five projects)
Image source: Astar Surge Five major Soneium projects participating in this event
Step 2
Enter the amount of $ASTR or $vASTR to be locked as required, and confirm it through wallet signature such as MetaMask. Since SoneX and Yay! are slightly different, they are specifically explained below:
SoneX: The system will remind and guide you to mint "Agent NFT", and then the pledged $ASTR or $vASTR will be bound to the NFT.
Yay!: The system will ask whether to enter the invitation code. You can use (CryptoCity)’s “J8UOR” here to get an additional 5% points.
Step 3
Once locked, you can start accumulating points for this agreement and cannot withdraw them until February 1 next year. After the Soneium mainnet is launched and the cross-chain bridge is opened, you can choose to migrate to Soneium or unlock the original tokens on Astar.
Image source: Astar Surge users will be able to unlock and redeem their tokens at Soneium mainnet launch, or as a fallback, withdraw their tokens on the Astar EVM starting on February 1, 2025.
The points accumulated by participants will be automatically converted into corresponding protocol tokens after TGE of each protocol. Since the five projects are all composed of excellent development teams in the ecosystem, and coupled with Soneium’s mainnet prospects, theoretically these tokens also have certain potential. Especially for users who were originally optimistic about Astar or Sony chains, now that they can get 5 airdrops at once by locking in early, it is obviously very cost-effective.
Outlook: Astar vs. Soneium’s outpost
To sum up, the “SONY Chain Ecological Airdrop” is actually a frontline battle between Astar and Soneium. As a preheating network for Soneium, Astar first locks $ASTR on Astar in exchange for multiple protocol points, laying a solid foundation for the launch of the Soneium mainnet in the future and increasing the utilization value of $ASTR in the entire ecosystem. For investors who want to take advantage of Soneium, this is an extremely intuitive opportunity. Of course, any cross-ecological and long-term lock-up behavior also represents certain risks. It is recommended that participants carefully evaluate their own capital allocation and pay attention to official announcements and the reliability of smart contracts to ensure safe operations.
If you have more questions about this, you can go to the official FAQ page or participate in the Discord and Telegram groups of each project. If you are optimistic about the development of Soneium, you may wish to take advantage of the airdrop points to seize the opportunity in the future Sony chain ecosystem.
"SONY Chain Ecological Airdrop Tutorial!" 5 types of points in one simple trick: a step-by-step graphic guide. This article was first published in "CryptoCity"
