Venom Foundation is licensed by the Abu Dhabi Global Market (ADGM), and they have been making big moves in the crypto space recently. They have allocated $1 billion in funding to invest in Web3 firms, and is launching a layer-0 blockchain that will function as the main infrastructure for a global ecosystem of Web3 applications. According to their whitepaper, 22% of the initial token supply will be allocated to the community. This is very likely to be an airdrop to early users.
How to Get $VENOM Token Airdrop?
The best way to get the $VENOM airdrop is to interact with the Venom Network Testnet. Here’s a step-by-step guide:
- Create a Venom Wallet Go to the Venom Network Testnet, and install a Venom Wallet (Chrome users can download here). Pin the wallet to your Google Chrome Extension at the top right.
- Claim Testnet $VENOM Tokens Go to the Task page, and log in with your Venom Wallet. Connect your wallet, Twitter account and follow Venom Foundation to claim 50 testnet $VENOM. You can also claim additional testnet tokens by completing other tasks on the Faucet page.
- Wrap $VENOM tokens Visit the Swap page. Choose VENOM and WVENOM tokens, and the amount. Then click “Wrap VENOM” and approve your transaction.
- Provide liquidity Go to “Liquidity Providing” and click “Add Liquidity”. Then, connect pool and approve the transaction, set the amount you wish to add and continue. Next, deposit your tokens and confirm the transaction in the wallet. Then, click “Supply tokens” and approve the transaction.
- Deposit into farming pools Go to the “Farming” tab, choose the USDT/WVENOM pool. Then, enter the amount you want to deposit and select the lock-up period. Click the deposit button and approve the transaction in your Venom Wallet when prompted.
- Trade NFTs on Oasis Gallery Oasis Gallery is a NFT marketplace on Venom. You can buy and sell NFTs on Oasis Gallery by going to their website. Afterwards, choose an NFT you wish to buy and click “Buy now”.
- Stake Venom Connect your wallet to https://testnet.venomstake.com/. Then choose the amount you wish to stake and click “Stake”.
- Use Venom Bridge Connect your wallet to Cross-Chain Transactions | Venom Bridge. In the “From” and “To” fields, select “Venom Testnet” and “Binance Smart Chain” respectively. Select the amount of Venom tokens you want to transfer and turn off the “Swap TVENOM to pay BSC gas” option. Click “Continue”, then approve the transaction.
- Complete Venom Ecosystem Tasks After claiming the tokens, you can now explore the Venom Ecosystem. Scroll down and you will see all the available DApps on the testnet. Complete the tasks for each DApp to earn an NFT. These NFTs represent your engagement with the ecosystem, and are key to getting airdrop rewards in the future!
- Complete tasks on Venom’s Zealy Questboard Go to Venom’s Zealy Questboard and complete the tasks. Tasks include liking and sharing their Tweets, and following social media accounts.
How to mint Venom NFTs
You can mint Venom NFTs as rewards for using the Venom testnet and represent your engagement with the ecosystem. They could be the key to getting airdrop rewards in the future! Here’s a step-by-step guide:
- Go to Venom Blockchain Testnet Campaign, and click “Complete tasks”. Follow Venom Network on Twitter and tweet about the Venom Testnet. Then click “Mint” to mint your Venom NFT.
- You will then need to send any amount of Venom tokens to their address. Once you have done so, click “Check” and you can now mint your NFT.
