Connext Announced the NEXT Token Airdrop – How To Know if You Eligible?
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Connext recently announced an upcoming NEXT airdrop, introducing a unique mechanism. Recipients can claim their NEXT tokens on their preferred chain, eliminating the need for bridges or additional gas fees. Interested participants can visit Connext’s official airdrop claim page to ascertain eligibility or initiate claims.
A Point-based Evaluation For Eligibility
Connext determines eligibility through a structured point system that considers liquidity provision, stable swap, and bridge usage. Users who consistently engage can gain an advantage, potentially accumulating up to 13 points. Active participation with partner projects or support for community causes can further boost one’s point tally.
User eligibility largely rests on two foundational criterias:
- Conducting over five transfers averaging above $15 in value, cumulating to a volume exceeding $200.
- Infusing the Connext network with liquidity surpassing $1,500, even if just for a single day.
A NEW CHAPTER IN CROSSCHAIN INNOVATION
— Connext (@ConnextNetwork) August 17, 2023
➡️ We are thrilled to announce the airdrop of NEXT!
A huge step forward for the decentralization of the Connext ecosystem, the NEXT distribution will also be a first-of-its-kind crosschain airdrop.
As always, beware of scams ⚠️
1/12 pic.twitter.com/EYP6UmnV2a
Eligibility criteria extend to details tied to stable swap LP activities, bridge engagements, and bonus multipliers. For instance, playing a role in community advocacy can double or even triple the accrued points, while utilizing a partner protocol results in a 1.5x point increase.
On the contrary, Routers undergo assessment based on the utility of their provided capital. Their eligibility encompasses transaction metrics, total router volume, and duration-specific transaction support. Connext also provides multipliers for routers, particularly those making significant contributions to the community or affected by external events such as the nomad hack.
Connext has just announced $NEXT Airdrop! 🚨
— 𝗰𝘆𝗰𝗹𝗼𝗽 (@nobrainflip) August 17, 2023
If u thought that $SEI Airdrop was little, you were wrong…
Counting our pennies: they've given a lot 😁
1 token = 0.25$ So, for 100k liquidity for half a year and other criteria – you get $1,000#ConnextScam? pic.twitter.com/EPV3yCAjc5
The Anti-Sybil Mechanism to mitigate attacks
Connext strategically deploys robust filters in its NEXT airdrop to counter Sybil attacks. The company aims to eradicate identified malicious actors through meticulous reviews of interactions across Ethereum, Polygon, and Binance Smart Chain. Additionally, it leverages algorithms to detect suspicious transaction patterns. Connext has meticulously crafted the NEXT airdrop process to identify and incentivize genuine and active participants.
This approach is a standard procedure for projects seeking safeguard against potential intrusions and to exclusively recognize sincere and enthusiastic users of the system.
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Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.
More articlesNik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.
