Upcoming Crypto Airdrops and Retrodrops

Sandra.R
Coinmonks
Published in
4 min readJun 9, 2023

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Crypto airdrops are widely used by blockchain projects to promote visibility, build their community, and boost the value of their offerings. After all, a project’s capacity to draw in and expand its user base is crucial to its existence. Of course, users have nothing to be upset about. Who doesn’t enjoy free goods, after all? We examine the rumored forthcoming cryptocurrency airdrops in this post. We also examine how to sign up for free tokens that are airdropped to you.

Polygon zkEVM ($MATIC) Token Airdrop

Airdrop Review

According to Boxmining:

Likelihood of Airdrop: Although not confirmed, it is very likely there will be a MATIC airdrop for Polygon zkEVM users, according to Sandeep Nailwal.

Airdropped Token Allocation: Nailwal hinted on Twitter that there is “no rule that an existing token can’t do a massive airdrop.”

Airdrop Difficulty: Simply bridge to Polygon zkEVM and interact with QuickSwap. You will need real ETH to perform these tasks.

Token Utility: MATIC is the native token of the Polygon blockchain. Although Polygon zkEVM uses ETH for gas fees, it is likely MATIC will be airdropped as rewards.

Sei Network ($SEI) Token Airdrop

Likelihood of Airdrop: Sei has confirmed they will do an airdrop after the mainnet launch in the coming months.

Airdropped Token Allocation: 1% of the total $SEI supply will be airdropped.

Airdrop Difficulty: Some of the Seinami Testnet validator tasks are quite difficult as they require technical skills. Try completing the easier participant tasks first.

Token Utility: Sei has not published their tokenomics yet, so their token utility is unknown.

Token Lockup: Sei has not published their tokenomics yet, so their token lockup is unknown.

Vela Exchange ($VELA) Airdrop

Likelihood of Airdrop: Vela CONFIRMED its airdrop will be on the day of the mainnet launch i.e. 26th June 2023.

Airdropped Token Allocation: 10% of the $VELA supply (limited to 2% per fiscal year) will be allocated towards marketing rewards including airdrops.

Airdrop Difficulty: Vela hinted that those with higher trade volume on their exchange will be airdropped more $VELA. Unfortunately, this makes the airdrop more difficult as you will actually need to trade on the exchange using your own funds (USDC).

Token Utility: $VELA holders and stakers will be entitled to trading fee discounts.

Token Lockup: $VELA is already being traded. Any token lockup would depend on how Vela plans to do its airdrop.

StarkNet ($STRK) Token Airdrop

Likelihood of Airdrop: The StarkNet Foundation is currently planning out the distribution mechanism for the token, which means an airdrop is likely.

Token Allocation: The STRK token has a total supply of 10 billion, 17% of which goes to investors, 32.9% goes to core contributors, and 50.1% to the StarkNet Foundation.

Airdrop Difficulty: The mainnet is launching soon, which means the snapshot window is closing. But there are rumors that a second snapshot will take place after the mainnet launch, so it is recommended to use the most out of the mainnet.

Token Utility: The STRK token has three main utilities: (1) staking to participate in StarkNet’s consensus mechanisms, (2) governance and voting, and (3) paying transaction fees.

Token Lockup: Tokens allocated to shareholders, employees, and independent software developers will have a 4 year lockup period.

MetaMask ($MASK) airdrop

Likelihood of Airdrop: Metamask hinted it would launch its own token called $MASK. However, there are no further details.

Airdropped Token Allocation: There are no announcements on how much of its token supply would be allocated towards airdrops.

Airdrop Difficulty: Everyone uses Metamask — hence it’s not hard to get in on this airdrop. Perhaps make a few more accounts.

Token Utility: Metamask is THE most popular client for Ethereum. Utility value is extremely high.

Token Lockup: No information is given on this so far.

The Retrodrop of WB Network Testnet

WhiteBIT launched its asset, the WhiteBIT Token (WBT), in August 2022.Now, the company has taken another critical step in its development by launching a test network of its blockchain.

Today, on the official WhiteBIT Twitter account, we found out the encryption about RETRODROP. It was actually unexpected and the users were pleased to hear such news. And now, all eyes on WhiteBIT exchange and the all followers are waiting for more details about Retrodrop.

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