The crypto market has endured volatility since late March, and savvy investors are now eyeing airdrops as a potentially lucrative avenue.
For investors and crypto enthusiasts, these airdrops offer the chance to acquire new tokens and join the vibrant crypto communities. Airdrops aim to distribute free tokens while attracting new followers and expanding user bases. This June, there are three significant airdrops to watch – eBTC, Dyson Finance, and Kinetix.
eBTC Announces Round 3 of Get Paid to Borrow Bitcoin Campaign
eBTC is capturing attention with its “Get Paid to Borrow Bitcoin” campaign, an approach developed in collaboration with Lido. This campaign rewards users for borrowing Bitcoin (BTC), initially setting aside 15 Lido Staked Ethereum (stETH) for those who borrow eBTC using Ethereum (ETH) or Wrapped Ethereum (WETH). These incentives, shown as extra APY in the app, enhance the borrowing appeal.
Currently, Round 3 of this campaign is underway.
“Thanks to our friends at Lido, we are keeping the rewards flowing with another 11 stETH up for grabs until June 23,” eBTC announced.
eBTC distributes these rewards directly to the users’ wallets at the end of the incentive program, eliminating the need for claims or concerns over high gas fees. Distribution of rewards may take up to seven days after the campaign ends.
Read more: Best Upcoming Airdrops in 2024
Dyson Finance Celebrates with a Token Distribution
Ahead of its full version launch on the Linea blockchain, the decentralized exchange Dyson Finance plans to distribute Oath of Authenticity Tokens (OAT). OATs verify user eligibility for the airdrop, promoting a transparent and fair distribution process.
To qualify, users must engage with Dyson Finance and Linea on social platforms like X (formerly Twitter), fulfilling specific interaction requirements such as liking and reposting tweets.
Moreover, participants must join Dyson Finance’s Telegram group and secure a verified role in its Discord server. This approach ensures that only truly engaged and active community members benefit from the airdrop, thereby enhancing the project’s reach and effectiveness.
Kinetix’s Perps Week Campaign
Similarly, Kinetix, a perpetual decentralized exchange, has launched its “Perps Week” campaign. This initiative encourages users to complete various tasks on the Kinetix platform via Galxe to earn exclusive OATs and a chance to win from a $4,500 prize pool.
These tasks include social media interactions and executing leverage trades over $1 on the Kinetix Perps V2 DEX.
Read more: Earning Passive Income with Forks and Airdrops in 2024
Each completed task earns the user one OAT, signifying their active participation and dedication to the platform. This strategy motivates user engagement and boosts the platform’s visibility and interaction.
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