YieldNest, Shardeum, Loop, KAYEN Protocol, Tari: new drops
Introducing a new weekly selection of drops. All projects are confirmed. For each drop you will need proxies, antidetect browsers, email and virtual phone numbers to confirm your social media accounts.
YieldNest
YieldNest runs a “Seeds” drop-in program to reward users of the protocol. With the “Seeds” program, YieldNest aims to increase user support by offering rewards for completing tasks.
About the project
YieldNest is a next-generation protocol for liquid re-staking that offers easy-to-understand risk-adjusted strategies.
Its mission is to simplify the complexities of re-staking by creating versatile, easy-to-understand nLRT and LRT-based products with risk-adjusted returns.
How to make money on drop
Step-by-step guide:
- Visit the drop site and connect your wallet.
- Spend some ETH by converting them to ynETH to start earning points.
- Check out the Earn section for ynETH integrations into DeFi to earn even more points.
You can also invite referrals by creating your referral link. You will receive additional points for referrals.
Shardeum
Shardeum has raised $23.6M in funding from various investors and confirmed that it will launch its own token “SHM” and hold a drop with a reward of 3,296,500 SHM. The second season of the drop is now underway. Once it ends and the token is launched, the points received by users will be converted into tokens.
About the project
Shardeum is an EVM-based L1 that uses dynamic state sharding to achieve linear scalability while maintaining atomic composition between sharders.
This means that Shardeum can increase its throughput with each added validator to keep fees low forever.
Shardeum provides the highest throughput of all EVM-based L1s without sacrificing decentralization. Developers can deploy and interact with contracts on Solidity or Vyper without special sharding conditions, as contracts are automatically deployed to unique shards, preserving atomic composition between all sharders.
How to make money on drop
Step-by-step guide:
- Visit the drop testnet page.
- Connect your wallet and change the network to Shardeum Atomium testnet.
- Now complete the quests from Stage 2 to earn points (XP). Stage 2 includes only 4 levels of quests. Complete more quests to earn more XP.
- Click on “Validator Quest” and complete the validator task to earn more XP points.
- You will need a test SHM to complete onchain tasks. You can get a test SHM on their Discord channel.
Drop also has a referral program, you can get 50 points for each referral.
Loop
Loop is launching a drop to attract users. To participate in the program, users must deposit ETH or liquid re-staking tokens (LRT) into the protocol. Loop announced that at the TGE, 7% of the tokens will be raffled off to users with a linear distribution among all participants.
About the project
Loop is a specialized lending marketplace for Ethereum trading transactions. Users can provide a long range of liquid re-staking derivatives (e.g., LP token staking tokens) as collateral to borrow ETH to increase yields and gain additional exposure to the tokens.
How to make money on drop
Step-by-step guide:
- Visit the drop site and connect your wallet.
- Make sure you have ETH or WETH in your wallet. If not, buy them from an exchange such as Binance or Bybit.
- Now deposit ETH or liquid re-staking tokens to start earning points (Quaaloops).
You can also invite referrals to earn 20% of the points they earn.
KAYEN Protocol
KAYEN Protocol is running a KAYEN League campaign for its users. Visit the drop page and start completing tasks to earn points. The company has confirmed the drop campaign.
About the project
KAYEN Protocol is a DeFi ecosystem built on top of the Chiliz Chain and focused on the community. Starting with its core product, KayenSwap, a native DEX for Chiliz, KAYEN is dedicated to continuously evolving its ecosystem with the addition of features such as Launchpad and Marketplace for RWA NFT.
How to make money on drop
Step-by-step guide:
- Visit the drop page.
- Connect your wallet and switch to the Chiliz network.
- Perform various tasks on their page (for example, sign up for social media).
Drop has a referral program. You will receive 5% of the points earned by referrals.
Tari
Tari, backed by Blockchain Capital, Pantera, CMT Digital, Slow Ventures, DV Chain, and Paris Hilton and Lil Wayne, has launched its own drop in the form of a game.
Users can collect “jewels” (points), which will then be converted into XTM tokens after TGE. The drop has been confirmed.
About the project
Tari is a revolutionary Tier 1 blockchain protocol that allows anyone to become a native user simply by mining on their laptop or desktop.
For developers, Tari offers infinite scalability, fast finalization, and low fees comparable to highly efficient native L2, combined with unprecedented access to users on the blockchain through Tari's built-in app launcher.
How to make money on drop
- Go to the drop page.
- Sign in with Twitter and link your account to start completing tasks and earning rewards.
- Complete the first two tasks to earn points.
- You can also earn more points by completing other tasks.
Owning Gen 0 or Gen 1 Yats allows you to earn the ultra-rare in-game items “Turtle Shells” and “Heavenly Hammers”, which will increase your point gain multiplier.
The drop has a referral program. You will get 1000 points for each referral if they sign up and complete the first 2 quests.