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4 Crypto Airdrops for the Third Week of October: Here’s What to Know

4 Crypto Airdrops for the Third Week of October: Here’s What to Know

BeInCryptoBeInCrypto2024/10/14 18:40
By:BeInCrypto

Crypto airdrops farmers have four confirmed valuable opportunities to receive free cryptocurrency tokens from projects backed by renowned investors.

Ether.fi, Debank, Pretzel, and WalletConnect make for the top four crypto airdrops for the third week of October.

Ether.fi

Ethereum liquid restaking protocol ether.fi has confirmed the availability of Season 3 airdrop claims for its stakers. The protocol, having raised $32.32 million from notable backers like Consensys, OKX Ventures, Arrington XRP, Amber Group, and  Aave network founder Stani Kulechov, is positioning itself as a key player in Ethereum’s growing staking ecosystem.

This airdrop presents an important opportunity for stakers to engage further with ether.fi’s ecosystem. The project specifically targets active Ethereum Layer-2 (L2) users and has a history of reclaiming millions of tokens from earlier distributions to reward its participants. Eligible stakers can now claim their tokens as the airdrop is officially live.

The eligibility criteria included completing tasks to qualify for potential airdrops and rewards. Among them were linking a wallet , staking assets from Symbiotic, Karak, or EigenLayer, and following the provided instructions. This included tracking updates and statuses to receive ether.fi points.

Read more:  What are Crypto Airdrops?

Season 4 of ether.fi’s staking program is currently ongoing, having started on September 15. Unlike previous seasons, Season 4 will be open-ended but organized into four-month mini-seasons.

DeBank

DeBank, a popular DeFi portfolio tracker, has confirmed an airdrop as part of its XP token campaign after securing $25 million in funding from investors like Coinbase, Circle, HashKey Capital, Delphi Ventures, and DragonFly Capital.

The airdrop targets active on-chain addresses in 2024 that have initiated at least one transaction, along with users who held assets greater than $0 on DeBank as of the snapshot on July 4, 2024.

Participants who leveraged the project’s referral program earned 50 XP per referral, and these XP tokens will be key to receiving airdrops once the token goes live. Additionally, DeBank badges, special icons awarded for various achievements, can also be one of the criteria for qualifying for an airdrop.

On October 10, the team introduced a new badge, providing users with more incentives to collect and participate.

“Are you eligible for the EigenLayer Airdrop? Claim your DeBank badge. If you are eligible, you can now get the ‘EIGEN Airdrop Hunter’ badge on DeBank,” one airdrop farmer shared recently .

ReOwn (ex-WalletConnect)

One of the top crypto stories this week is the WalletConnect (WCT) airdrop registration, which will close in a few days. Users have until the end of the week to register, with the token checker and claim process expected to begin in November.

Eligibility for the airdrop is based on users’ past activity and usage within the WalletConnect network. Increasing connections across the network boosts the chances of qualifying, as on-chain activity, signatures, and wallet connections are all taken into account. Contributors who have worked on projects related to CAIPs, EIPs, Ethereum SDKs, and other relevant platforms will also be considered for the airdrop.

Read more:  Best Upcoming Airdrops in 2024

Users who mint the WalletConnect badge will automatically rank among the top 1% of airdrop farmers, giving them priority in future distributions. Users who have securely connected their mobile wallets to apps using WalletConnect in the past may also qualify for the airdrop, according to the project’s blog announcement.

“Have you ever used WalletConnect to connect your wallet to an app? If so, you might be eligible for the WalletConnect Token (WCT) airdrop,” WalletConnect said in an official blog.

Pretzel

Berachain L2 Pretzel, a platform supporting independent game economies, has confirmed an upcoming airdrop as part of its testnet campaign. Participants must complete various tasks to earn points, which they can later convert into an airdrop following the PRET token generation event (TGE).

These tasks include bridging, staking, playing the game, and completing the Galxe quest. By engaging in these activities, users can accumulate free points, boosting their chances of receiving a portion of the airdrop once the PRET tokens are officially distributed.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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