As an investment project that has received a total of US$25 million so far, DeBank is a platform designed for tracking DeFi investment portfolios, providing data such as wallet balances and the value of each asset in different EVM networks, allowing users to easily manage Its assets and query the holdings and transaction history of any crypto wallet.
Personally, I find it very useful and I use this tool almost every day to look up wallet addresses. Just in the article a few days ago, we mentioned the topic of Debank’s airdrop, so a friend left me a message asking, will DeBank really have an airdrop?
The current situation is that there is a lot of news about the DeBank airdrop, but the official did not clearly say that there will be an airdrop. The official just clearly pointed out that if you participate in some related interactions (referral links) currently, there will be corresponding rewards in the future. As shown below.
As for what specific rewards they are? Is it DeBank’s token? We can only speculate at this time. But it is much better to participate now than to miss out later, which is one of the reasons why many people are actively participating in DeBank.
Now that users who actively participate in the DeBank platform may have the opportunity to receive its airdrop rewards in the future. So, how exactly does DeBank get involved? Today we will focus on this topic again and sort out and summarize it separately for everyone.
First, the most basic interaction you need to do is to bind your own crypto wallet:
- Enter the DeBank platform:
https://debank.com/profile/0x13f9d53e33f5725d09645a45d3d848f8852b3f65?t=1690250204251&r=72746
- Click "Log in via web3 wallet" in the upper right corner to connect your wallet (such as MetaMask), as shown in the picture below.
Then, you can further participate in some functions of the platform. Let’s sort them out separately below.
1.Web3 Social Ranking
This is a Web3 social ranking list developed by DeBank that evaluates on-chain addresses based on their social influence in the Web3 ecosystem and ranks addresses based on their previous on-chain behavior. Each wallet address will have a score, and this score directly determines the final ranking. If you want to get a higher ranking, then your wallet needs to be active on the chain frequently. This is not limited to the DeBank platform. On a daily basis, you participate in airdrop interactions on other platforms, wallet transfers, participate in DeFi pools, hold NFTs, etc. All will be counted.
Specifically, Debank will evaluate each wallet address through a "social score", which consists of two parts: a "basic score" and a "weighted score". Basic score + weighted score = social score. The detailed score calculation rules are shown in the figure below.
2. IMF
In addition to the Social Ranking just mentioned, DeBank also has a ranking called TVF (Total Value of Followers). TVF refers to the total value of followers, that is, the funds held by your followers (followers) The more, the more TVF points you accumulate. As shown below.
In addition, I can also tell you a little trick to quickly improve your TVF, that is, in DeBank, some whales will organize some NFT giveaways from time to time, as shown in the picture below, which was done by A16Z two days ago. Participation is also very simple, just follow the steps to claim and mint Zora NFT, and then you will not only get the follow of A16Z, the big guy, but also have the opportunity to get more NFT/airdrop opportunities.
A16Z Zora NFT:
https://debank.com/stream/217656?t=1690223761668&r=72746
3.NFTs
DeBank is able to display your wallet’s NFTs on a variety of networks, including Ethereum, BNB Chain, Polygon, Arbitrum, and Optimism. Based on this, DeBank also has a ranking called NFTs. In addition to calculations based on NFT value, the number of NFTs in your wallet will also directly affect your position in this ranking. As shown below.
4. Stream
Through Stream you can create your own posts and comment on other posts, which is like a mini version of Twitter. In addition, a new update also appeared yesterday, allowing users to create prize pools: the creator sets the conditions for participation, contributors receive assets, and others have a chance to win funds. As shown below.
5.Hi
"Hi" can be directly understood as a web3 messaging function. You can send messages and chat to any DeBank wallet address. Of course, if you are not friends with the other party, you will need to pay a certain fee to send a message, and the initial cost is US$0.1 or more. As shown below.
6.Vote
In Vote, you can participate in votes created by other users. Of course, you can also create some votes yourself (this is equivalent to giving suggestions to DeBank) to encourage more participation and activities. Simply click "Create new proposal" in the upper right corner of the interface to create it. As shown below.
7.Badges
Regarding the issue of Badges, we have already mentioned in Hua Li Huawai’s article a few days ago that there are currently two main types of DeBank badges: Web3 ID and Web3 Badges. Among them, Web3 ID represents your identity. To put it simply, it is equivalent to setting a username for your DeBank account. Currently, DeBank has only released 100,000 IDs, but minting requires $96. In addition, there are those badges listed in the Web3 Badges list, which can be cast for free, as shown in the figure below.
Of course, in addition to the above functions, you can also share DeBank with others through the Referral links function in the lower right corner. This is also an interactive method mentioned by the official before.
Okay, the above is all the content shared through "Hua Li Huawai" today. Let’s summarize and review it together at the end. This article mainly focuses on further sorting out the DeBank airdrop issue that everyone is more concerned about, and provides a relatively complete introduction to the functions of DeBank. I hope today’s sharing can be helpful to everyone.
Special thanks for this article: splinter0n, 0xTHades
Disclaimer: The above content is only a personal perspective and analysis. It is only for science learning and communication among enthusiasts and does not constitute any investment advice. Investment is risky, please treat it rationally, increase risk awareness, and abide by the relevant laws and regulations of the country and region where you are located!