In this article, I will guide you on SORA x Polkaswap Airdrop worth $34,000 in $XSTUSD that everyone is talking about, and I will show how to earn up to $140 to one account.
Project link: https://polkaswap.io/
Gleam contest link: https://gleam.io/zHQmD/polkaswap-34000-xst-airdrop-campaign
Actually, I made this article for my team as a guide to the drop. But then I thought that every guy should also have the handy guide to use and earn maximum from this airdrop. That is why, put like and subscribe!
What is an Airdrop? Why is everyone talking about airdrops?
Simply, airdrop is when a project gives away tens, hundreds, or sometimes even millions of dollars worth of rewards in their tokens to community members. This can be a life-changing opportunity for many people, as often it doesn't require significant investments or working around the clock in the project.
Is it possible to earn from an airdrop?
To completely show you that airdrops can be profitable, take a look at these numbers. Recently, Arbitrum Airdrop distrubited 10 billion tokens. That's approximately 15 BILLION dollars. Anyone who interacted with the project in any way received tens of thousands of dollars. Just for swapping, imagine that.
From this drop, I personally received around $30,000, spending no more than $250 on fees. I know someone who made $1.3 million from the drop across their entire account farm. Another person made $500,000 from a small farm. And these are just some of the cases.
Not bad, right, for a simple bridge and swap?
To not miss out on such opportunities in the future, we've started to keep a closer eye on exciting project giveaways. And today, I stumbled upon one of them.
Sora x Polkaswap Airdrop - Is it a scam? No, it's not a scam
Polkaswap is a project within the Polkadot ecosystem with well-known founders and a strong team. Polkaswap, part of the SORA network (DEX on SORA, a parachain of Polkadot/Kusama, with at least some solid backers), is giving away up to $140 to one account for swapping, bridging, providing liquidity, and staking.
Moreover, being a project that connects with Polkadot, it genuinely distributes a substantial amount of money to a single account.
What token is being distributed in the Sora x Polkaswap Airdrop? SORA x Polkaswap is distributing $34,000 in the $XSTUSD token, which is the native stablecoin of the SORA Network.
What is SORA Network?
SORA Network is a new financial blockchain built on Substrate, and its main goal is to create a convenient and understandable DeFi settlement system for the world.
One of its standout features, making it a top-tier project, is their innovative system for integrating parachains into Polkadot, including Ethereum and other blockchains. In essence, they've developed the first working solution to bridge the Ethereum Virtual Machine (EVM) and other blockchains with the Polkadot ecosystem.
At the very least, it's a strong ecosystem solution.
These brilliant minds also came up with a DEX. But remember, this team is all about innovation, so they've created a DEX with AMM (Automatic Market Making) and minimal slippage. Everything we love, and they even built a bridge to Ethereum.
For Polkadot, this is truly unique, and the concept is somewhat similar to 1inch and Uniswap (perhaps I don't need to remind you how much money Uniswap and 1inch airdrops brought in?)
What is SORA x Polkaswap giving away?
They are giving rewards in native XSTUSD tokens. But don't rush to be concerned. XSTUSD is the native stablecoin, pegged 1:1 to DAI. There are plenty of native assets, so there shouldn't be any significant slippage. Moreover, with backers like Polkadot and Kusama, the project clearly has the funds.
What token is being distributed in the Sora x Polkaswap Airdrop?
SORA x Polkaswap is distributing $34,000 in the $XSTUSD token. $XSTUSD is the native stablecoin, pegged 1:1 to DAI.
What is SORA x Polkaswap giving away?
Polkaswap are giving $34000 in XSTUSD tokens. But don't rush to be concerned. XSTUSD is the native stablecoin, pegged 1:1 to DAI. There is plenty of liquidity, so there shouldn't be any slippage. Moreover, with backers like Polkadot and Kusama, the project clearly has the funds.
đ˘đ˘ Update: By following these simple steps I've described below, you can easily earn $40. Airdrop is incredibly profitable, and I wholeheartedly recommend taking a little time to complete these actions. For some, it could be a life-changing opportunity. To avoid FOMO later, I recommend at least bridging your assets.
Our team is already busy preparing accounts. Let's get to work!
So, to maximize your earnings, here's what you'll need:
Fearless Wallet or Polkadot.js Wallet (download for Chrome here / for Firefox, download Polkadot.js here) and MetaMask (classics, if for some reason you don't have it yet, you can download it here)
A small budget for transactions (recommend $30-40 for deposits and withdrawals to meet all criteria and potentially earn more). You will spend no more than $5-10 on Ethereum gas fees, but you can earn an average of $70 in total, or up to $140
Some ETH to pay for gas fees
You can create as many accounts and wallets as you like, but it's better to use well-established wallets since newly created or unused ones may not work!
Sora x Polkaswap Airdrop - the hunt begins!
Airdrop is organized on Gleam. We're not picky about where we work, so let's get started
Total of 16 tasks, with most of them being related to subscriptions and communities. But we won't skip these, and I have a couple of pro tips for you đ¤ŤLet's get into work. Below, check a step-by-step guide so that everyone can maximize their earnings
1) Log in to Gleam through your Twitter or email account
I recommend using Twitter (X) to prove that you're a real G. To avoid being banned, authenticate via your social media accounts
2) Follow all socials
- Telegram - https://t.me/sora_xor
- Twitter (X) - https://twitter.com/sora_xor
- Discord - https://discord.com/invite/4TXRN6Y4gb
- Reddit - https://www.reddit.com/r/SORA/
3) Post about the project on Twitter (thread is better)
You might be wondering, 'Why a thread?' or 'Why bother with this at all?
Projects often require participants to share a tweet to reach a wider audience.
However, not many people know that this is how projects identify their most active community members. Yes, you read it rightâthey recognize the active participants and often reward them generously.
Writing a short text and posting it in threads won't take much time but will give you a significant advantage over those who decided to skip this step.
đ˘ PAY ATTENTION TO THIS TIP!!
4) Paste your SORA & EVM wallet
Getting your EVM address is pretty clear IMO (go to your MetaMask and copy the address)
Now, when it comes to SORA, there are some specific steps to follow. Here's a guide (btw, the link to the wallet guide đ https://telegra.ph/Fearless-Wallet-Guide-08-29):
Let's consider this using Fearless Wallet as an example (simple option):
Click on this link here and download the Chrome extension.
Create a new wallet (for security reasons, it's better to create a new one)
2. After you've entered your wallet, you need to select the SORA Network. To do this, follow the steps I'm showing you in the guide below
1. Click on 'ALL NETWORKS'
2. Type 'SORA' and select 'Sora Mainnet'"
3. After selecting the right network, click on the button I marked
4. Go to 'Receive Funds' and copy the address
5. Paste address you copied in Gleam
I hope everything is clear so far. Let's continue working!
5) Go to Polkaswap and connect your MetaMask and Fearless Wallet (or Polkadot.js)
Detailed guide so you won't have any questions is below
Click on 'Connect Wallet'
2. Choose one of your wallets (for ex., the Fearless Wallet)
3. Then click on 'Select all' and âYes, allow this application access'
4. After you successfully logged in, click on âPublic Testingâ
5. Double-check the address you previously entered in Gleam with 'Public Testing.' If you've done everything correctly, the addresses should match
6) Let's start on-chain activities on PolkaSwap. We're going to swap our ERC-20 tokens through the bridge
Bridge our ERC-20 tokens through the Polkaswap bridge
The reward here is only $5 for a swap on one account, which will barely cover the fees. The main activities where we can earn significantly more comes next
Full guide:
1. Go to https://polkaswap.io/#/bridge/
2. Click on âConnect your accountâ
3. Connet MetaMask that we already prepared
4. Choose any EVM-coin you have (but I personally highly recommend DAI or USDC due to the best liquidity)
5. After you've selected the token, enter the amount you want to exchange (make sure you have some ETH to cover the gas fees)
I also highly recommend doing this when gas fees are at their lowest. Usually, this is in the morning on weekends.
7. Click on âSwapâ. That's it!
đđ REMINDER, the more is your volume, the higher your chances to get a generous airdrop. I recommend making a volume of $30-40 several times. Personally, I will be doing a minimum volume of $1000 to ensure I meet all the criteria
2. Swap tokens to XOR. Max Earn is $10
Last point, we moved our ERC-20 tokens to the SORA network. Now we need to XOR these tokens on the SORA network. How can we do this and get $10 with a penny commission?
Easy, take the guide:
Go to Polkaswap (if you've somehow left), and navigate to the 'Swap' section
2. Select the token that you've already transferred through the ERC-20 bridge to the SORA network (if needed, GUIDE HOW TO BRIDGE FROM ERC-20 TO SORA)
3. Choose XOR or XST as a 'To' pair
4. Enter the amount of tokens you want to swap and click 'Swap'
Repeat this operation several times to qualify for a higher airdrop, up to $10 for simple actions. I recommend swapping a minimum of $100
3. Add liquidity to XOR-XST pools: max earn is $30 (READ THE GUIDE)
đ You will need to lock a minimum of $100 for 2 weeks for this task. But the reward will be $30 for this simple action.
Go to https://polkaswap.io/#/pool/, and click on âPoolâ section Â
2. Click on âAdd liquidityâ to add liquidity
3. Enter the token pairs as I've shown in the example
4. Deposit XOR, and left minimim $100 on 2 weeks (đ´IMPORTANT)
5. Click âAdd liquidityâ, sign the transactionÂ
6. Then send TX ID to Gleam to prove the operation
You may be wondering how to find the TX ID. It's quite simple: we'll need to click on 'ACTIVITY' and write 'Add Liquidity'. Then copy & paste
Or the warrior way, for true cryptans
Go to https://sora.subscan.io/
2. Paste SORA wallet to 'Search by Block', and click on 'Search'
3. After you've found your transaction, open it and copy the 'Hash'
4. Insert the details into Gleam, leave the pools untouched for 2 weeks, and wait for the $30
If you've followed all the steps correctly and followed my recommendations, congratulations â you've earned an easy $40 on one account (and you can have more than oneđđ)
BUT, there's more. If you're going to do it, do it big. Below, I'm providing a guide on how to extract $140 from the airdrop on a single account. Not for the lazy folks đ
To significantly increase your results on one account, we can take part in a referral contest with a maximum reward of $100. What do you need to do? Where can you get a referral link?
GUIDE:
Go to https://polkaswap.io/#/referral
2. Click on XOR Bonded, and then âBond moreâ
3. Input any amount greater than 0.0007 XOR to cover the small fee. I hope you remember that I asked you to leave some XOR for activities?
4. And there you have it, the coveted referral link. Copy it and start sharing it. Where? Write articles on Medium, start posting on Twitter/Telegram, create YouTube guides. As I mentioned before, this is not for the lazy
The best part is that you'll receive 20% of all your referral's commissions. FOREVER. We'll see how it works in reality, but it sounds promising.
How to Receive Payouts for Referrals:
If someone joins SORA through your referral link, you'll receive a notification
2. If that referral also makes transactions, XOR will be automatically credited to your balance
Referral abuse schemes are numerous
This is a separate topic for discussion, which we'll delve into if this article gains some traction. So, comment, like, and write me if you want more đĽđĽ
If possible, make a volume +- $100 in all activities. We have seen many times that users who genuinely interacted with the entire ecosystem are more likely to be rewarded.
Found this SORA x Polkaswap guide helpful? Then put that like and share with your friends. This is the best appreciation for me â
