Preface
If you are a user who usually uses the Galxe platform to interact with airdrop tasks, you will find that some Galxe points tasks have recently begun to collect Gasfee, and you need to use its $G token as a handling fee to receive points. What exactly is Galxe’s intention with this change? Is charging Gasfee considered a platform benefit? Let the author analyze them one by one for everyone.
What is Galxe?
Galxe, also known as "Galaxy" in the Chinese circle, is a Web3 task distribution platform. Project parties can publish interactive tasks and community tasks on Galxe for users to complete. The project party issues NFT vouchers and Galxe points as users' interactions. Based on this, obtain potential airdrops in the future. Competing products on the same track include QuestN, Layer3, Zealy, etc., which are all common airdrop mission platforms.
Airdrop mission platform
Gravity full chain network
Galxe released its token $GAL in early 2022. At the beginning of 2024, Galxe cooperated with Arbitrum and Polyhedra to issue staking rewards through the $GAL staking activity; then it launched “Smart Saving”, allowing users to deposit to EtherFi and Ethena and providing 20 % or above annualized. Through the above process, Galxe learned that the platform had sufficient funds and technology, so Galxe officially launched its own Gravity network in June this year and split the original token $GAL into the new $G.
Gravity
Gravity is a Layer 1 full-chain smart contract platform designed by Galxe. It integrates advanced technologies such as ZK and supports hundreds of millions of transactions every month. It aims to promote efficient cross-chain interactions while ensuring high performance, scalability and security. , providing Web3 users with a smoother R&D environment.
In today's overly complicated ecology of the public chain track, how many of the L2s that are not technologically mature enough are actually being harvested in the name of entrepreneurship? However, the author is quite optimistic about full-chain projects such as Gravity. Abstract concepts can simplify the complexity of the blockchain. The convenience of cross-chain interoperability allows users and funds that have been diverted by multiple chains to gather together, and it can also avoid transfer errors caused by wrong links. The mistake of addressing, "Who wants to be complicated when it can be simple?", like the Particle Network introduced earlier, has huge development potential.
The Galxe platform itself also has a sufficient number of users. As the largest airdrop mission platform today, statistics on Dune show that there are currently more than 25 million interactive addresses and the monthly active addresses are closer to 3 million. It can be known that Galxe is completely sufficient. Individual users can create Gravity.
Galxe task charges
As mentioned above, Galxe has recently begun charging $G for some tasks as Gravity mainnet Gasfee. The following author will share how to obtain Gasfee.
How to obtain $G Gas
Symbiosis cross-chain
https://app.symbiosis.finance/swap?amountIn&chainIn=Optimism&chainOut=Gravity&tokenIn=ETH&tokenOut=G
You can use the assets of each chain to directly cross-chain to Gravity for $G. The current exchange rate is about 0.001 $ETH, which can be exchanged for 55 $G. The cost per time is 0.6 US dollars. According to actual measurements, a single task only consumes 0.25~0.3 $G, so across 5 US dollars can be used for a very long time.
Gaszip Buy
https://www.gas.zip/
You can use Gaszip to purchase Gravity Gasfee directly, which avoids the above-mentioned $0.6 fee. You can purchase it directly by linking Fox Wallet.
Conclusion: Galxe relies on Gravity to solve the dilemma, and collecting Gasfee is considered a benefit!
Galxe is already the largest platform in the task distribution track. Currently, its biggest competitors are not other platforms of the same type, but wallets launched by centralized exchanges, such as Binance Wallet’s Megadrops task and OKX Wallet’s Cryptopedia task. The rewards independently distributed by the project parties have built momentum for their own wallets, and now some projects have separated from the Galxe platform and are trapped in a competitive dilemma. The author believes that the development of Gravity's full-chain abstraction is the key to Galxe's rescue. If Gravity can develop smoothly , in conjunction with $G Gas and other ecological mechanisms, Galxe still has great potential to compete.
Galxe's move to start collecting Gasfee has raised the user's interaction threshold, but a small amount of Gas consumption can promote the $G token economy. Galxe also stated in the Gravity token economy that it will reserve airdrop shares for users in the future, allowing users to voluntarily Pay and interact to form a positive economic cycle.
A must-do for big-name projects: Fuel Phase 2
Fuel is Ethereum L2 scalability technology. It adopts the original FuelVM architecture and UTXO data model. It aims to become the fastest modular execution layer, provide high security and flexible throughput, and compete with TIA when modularity is prevalent. Equally famous, it raised US$81.5 million led by Blockchain Capital and Stratos.
Fuel Financing Background
Fuel’s previously launched testnet and first-stage deposit points program have received a lot of attention, and there is still $340 million in pledges. This week Fuel announced that it will launch the second phase (also the final phase) of the deposit points program after the mainnet goes online. The participation method is similar to the first season’s “pledge to earn points”, but there are some adjustments in the rules, and it also Users who have participated in the first quarter points plan will get bonus points. Below, the author will introduce the key points of participating in the second quarter points plan.
Fuel second season points plan
How to participate
After the Fuel mainnet is online, you can use the Fuel cross-chain bridge to bridge the mainnet funds to Fuel.
How to get points
As shown in the figure below, there are currently three ways to accumulate points, namely "activity points, passive deposits, and fuel consumption".
1. Activity points
In the second stage, the most effective way to accumulate Fuel points is to deploy assets in the designated Defi protocol on Fuel, including deposits, derivatives and other interactions, which can earn a large amount of Fuel points. For details on Defi, please refer to the official Mirror.
2. Passive deposit
Every dollar of assets held on the Fuel mainnet can earn passive points at a minimum ratio of 1:1. If you hold different assets, you will have different points multiples. The detailed multiples will be announced in the future.
3. Fuel consumption
To encourage users to actively participate, every Gasfee spent on Fuel will be converted into points.
Fuel Points Earning Rules
First stage multiplication
In order to encourage participants in the first phase, Fuel will give participants in the first phase a 1.25 times increase in activity points and fuel consumption within 45 days after the launch of the main network. There is still time to join in the first phase, so you can seize the time to participate and get mainnet multiplication.
https://app.fuel.network/earn-points
Featured Project Interaction: Story Testnet Tasks
Story Protocol is a decentralized L1 that aims to change the management and realization of intellectual property rights in the digital era through Web3 technology, and is committed to establishing a "Story Lego" ecosystem that focuses on the creation, management and licensing of IP on the chain. . Story Protocol has currently raised a total of US$134.3 million, led by the famous venture capital A16z, ranking among the best in terms of financing background.
Story Protocol Financing Background
Story Protocol launched the test network on 8/27 and launched its first interactive task "IP Asset Collection". The large influx of users at that time caused the faucet and website to crash, and the gasfee on the chain also soared. After that, Story has been silent until now. This week, Story launched 5 testnet tasks on Superboard, which interact with Story and 4 different Defi respectively. They are all 0-cost interactions. You can also get a total of 380 $SUPR points by interacting at the same time, as follows Detailed tutorial is attached.
Superboard testnet tasks
Story Protocol
https://superboard.xyz/quests/intro-to-story-protocol
1. Connect the wallet to receive 0.01 $IP test token.
2. Use the $IP Mint Color NFT you received.
3. Retweet Superboard tweets.
PiperX
https://superboard.xyz/quests/piperx-dexplorers-tale-on-story
1. Swap once at random in PiperX.
2. Use the Token and $IP you just exchanged to set up a liquidity pool on PiperX.
Unleash
https://superboard.xyz/quests/unleash-the-ip-operating-system
Provide any amount of $IP as liquidity on Unleash.
Story Hunt
https://superboard.xyz/quests/story-hunt-unlocking-the-crypto-saga
Make any Swap in Story Hunt.
Standard
https://superboard.xyz/quests/standard-protocol-trade-without-limits
Place any limit or market order on Standard.
Emerging project ambush: Matr1x Fire gold mining
Matr1x Fire is the first work launched by Matr1x. It is a first-person FPS shooting mobile game. In the virtual universe, you become a character and participate in the battle. Its novel battle mode and exquisite battle scenes have attracted more than 3 million downloads inside and outside the industry. , and also has the reputation of "Web3 version of VALORANT". Matr1x was first founded in 2021 and has currently received a total of US$20 million and an undisclosed strategic round of financing, led by SevenX Ventures and OKX Ventures.
Mart1x Financing Background
Matr1x launched its token $MAX on August 5. At that time, many companies including OKX, BingX, etc. were launching new online activities. Although the profits were not good at the time, the performance of the $MAX token was very strong. It doubled the day after it was launched. It has not fallen below the low so far. Matr1x Fire launched the "Fire Test" on 9/21 this week, which is the first wave of players to earn $FIRE tokens through playing. This news instantly became a hit in various communities. The following author will explain to you how to earn money on Matr1x Fire. teaching.
1. Purchase character NFT
First of all, the necessary element for gold mining is "character NFT", which can be converted through the creation gene in the past. It can currently be purchased on the OKX NFT Market. The current floor price of the lowest-level character is about US$580.
Character NFTs
2.Register Mart1x
Log in and register a Mart1x account. Subsequent deposits and withdrawals must be made through this account.
3. Recharge assets
Use Deposit to deposit the purchased character NFT and necessary assets in Asset. Because the character needs to be upgraded to optimize the gold farming efficiency, the upgrade materials include $FIRE tokens and batteries (the recommended quantity is 160 $FIRE, 40 batteries). The physical strength of gold mining may consume the battery, so it is recommended to purchase it once and deposit it.
4. Resource purchase
$FIRE:
Bybit, BingX exchanges, purchase and deposit into wallet, or purchase directly on Uniswap Polygon.
Battery:
The current official selling price is 0.36 $USDT, and players will be able to trade in battery production in the future.
5. Composite Characters
If the purchased character is "Character Gene", after recharging the gene, it needs to be synthesized here to obtain a new character NFT.
6. Download Mart1x Fire
Download Mart1x Fire on your mobile phone or mobile device. It is now available for both IOS and Android platforms. After downloading, log in with the account you just registered with Mart1x.
Mart1x Fire Download
7. Prerequisites for gold mining
• Qualifying must reach the Silver stage, which was originally Gold and has been revised down.
•Send characters to "Bounty" as shown below. You can equip up to 5 characters. If you have a lot of money, it is recommended to equip "1 blue, 4 green" character NFTs.
•It is recommended to upgrade the character to level 20 for better benefits. You can upgrade when you reach Silver.
8. Precautions
•The icon in the upper right corner of the picture above shows energy. Before making gold, you must use the battery to replenish energy to gain profits. Each battery can replenish 10 energy. The energy consumption depends on the length of a single game.
•The character consumes stamina, which is the same as energy. The upper limit of stamina increases as the character upgrades. Green level 20 is 150 stamina. The stamina is fully restored at 8 o'clock every morning.
•Each character has different attribute configurations, and you can choose the character with the best attributes to dispatch.
9. Payback cycle
Currently, the green character’s daily income is about 20 $FIRE (40 US dollars), and the blue character’s daily income is about 60 $FIRE (120 US dollars). The estimated payback period is about 1 month. The floor price of the character has increased from US$300 to US$580, which is a slight premium. However, the $FIRE token has also increased a lot. The official announced on September 24 that it will reduce the total income calculation power, and the payback cycle will be further lengthened, and the investment cost will be relatively high. Gao recommends careful evaluation before entering the market.
Role dispatch
For a detailed explanation of the gold farming mechanism, please refer to the official article
Projects with financing potential: PINAI
PINAI is an artificial intelligence open platform founded by former Ethereum core research member Davide Crapis. It uses open source technology and cryptocurrency to ensure users’ data ownership and privacy. It aims to solve the centralization bias of the current artificial intelligence industry and provide users with Provide decentralized resources and motivating contributions to developers to cultivate a more equitable information environment. PINAI received US$10 million in seed round financing this week led by A16z and Hack VC. It is a project that is well understood by first-line venture capital companies and has a high financing amount. It has certain potential and is worthy of interaction.
PINAI Financing Background
With the completion of financing, PINAI launched its first task in Galxe. Like most projects, it was initially focused on social tasks. This task requires tracking the X of PINAI's founding members and joining PINAI-related communities. After completion, you can receive 65 Points, but Gasfee is also required to receive them. Please refer to the above tutorial.
PINAI Galxe Mission
If you want to apply for PINAI early visitor qualifications, you can fill in your personal email address on the PINAI official website, and you will be able to obtain usage rights when PINAI opens for early access. If there are incentives, you can also get early qualifications to get more rewards.
PINAI Early Visitor Eligibility Application
Airdrop blessing inquiry
1.$ZRO
https://www.layerzero.foundation/claim
Layerzero is a full-chain interoperability protocol that provides developers with a platform that can connect different blockchains to transmit asset messages between each other. Since its launch in 2021, it has achieved asset transfers worth more than US$5 billion. Layerzero released its second airdrop this week. The conditions are that users who meet the first season airdrop conditions and still have used the ecosystem after TGE will be allocated more than in the first issue.
2.$LOGX
https://pro.logx.trade/rewards
LOGX is a multi-chain derivatives exchange supported by CoinBase. It aims to change the inconvenience of decentralized trading and create a seamless trading platform through high scalability and enhanced user experience. LOGX launched $LOGX tokens on 9/24 and airdropped them to users who have traded during LOGX OG. Those who have done Orderly before may have traded in LOGX OG. Check it out.
3. $LET'S
https://claim.aleo.org/en/
Aleo is a privacy-focused L1 blockchain that aims to revolutionize secure transactions. It has received US$228 million in financing from A16z and Samsung. It has opened its testnet since the beginning of this year. Those who participated in the testnet will open inquiries for the $ALEO airdrop this week. To qualify, you need to pass KYC to receive it.
4.$QGOV
https://airdrop.qdev.li/season-1
Q Blockchain has the opportunity to receive $QGOV airdrops for active wallets that have used specific protocols and meet the above conditions. Depending on the degree of compliance, they will receive 200~1200 $QGOV. The current unit price is approximately $0.095.
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