Project Overview
Guide
To engage with Alkimiya's protocol: Start here - https://kazm.com/s/membership/c5c005e4-31b7-4e53-a705-f950a4d8074b?referralId=1682a5af-1185-469f-80c5-907fef5b3665
Understand the two main components: Silica and Hash Vault
- Silica: A float-to-fixed swap issued by block space producers
- Hash Vault: Packages Silica contracts and restructures underlying cash flows into various financial products
For miners/validators:
- Use the platform to lock in future revenue by creating Silica contracts
- This allows hedging against market volatility and securing stable income
For investors/buyers:
- Purchase Silica contracts to prepay for future mining revenue
- Potentially benefit from excess mining returns
- Engage with restructured financial products through Hash Vault
Note that Silica is non-custodial, meaning sellers don't receive payment immediately
The protocol went live on mainnet on March 26, 2022, and is currently in Beta testing phase.
Maximize Potential
To maximize potential benefits:
- Understand the economics of block space and consensus resources
- For miners: Utilize Silica to stabilize revenue streams during market volatility
- For investors: Analyze potential mining returns carefully before purchasing contracts
- Stay updated with the project's development as it's still in Beta testing
Latest X Summary
Alkimiya: Phase I Competition Concludes with USDC & NFT Airdrops, Phase II on the Horizon!
Airdrop hunters, keen an eye on Alkimiya! The prediction market platform has been buzzing with activity, recently concluding its USDC Supply Trading Competition Phase I and teasing future opportunities. While there's no official token airdrop announcement yet, the project is actively rewarding its early adopters and participants with tangible assets and exclusive NFTs.
Alkimiya's recent updates highlight a significant focus on community engagement through trading competitions. The first phase of their USDC Supply Trading Competition wrapped up, celebrating participants who sharpened their trading skills. More importantly for you, the airdrop hunter, rewards are being distributed, including USDC and exclusive NFTs!
Key Airdrop & Reward Events:
| Event | Details | Relevant Tweet |
|---|---|---|
| USDC Supply Trading Competition Phase I | Concluded! Participants engaged in predicting USDC total supply movements. | Tweet |
| USDC Rewards Distribution (Phase I) | USDC rewards for winners of Phase I were scheduled for distribution by the end of the week following the July 29th announcement. | Tweet |
| Exclusive NFT Airdrop (Phase I Winners) | The top 10 finishers of Phase I are set to receive an exclusive NFT, custom-designed for the Alkimiya community. These NFTs will be airdropped to winners' wallet addresses at the end of Phase II. | Tweet |
| Phase II Competition Anticipated | Following the successful conclusion of Phase I, Alkimiya has explicitly stated to "stay tuned for the Phase II planned," suggesting more opportunities for engagement and rewards. | Tweet |
| Galxe Leaderboard Mentions | While not a direct airdrop, a recent retweet from an Alkimiya community member celebrating hitting "No.1 on @alkimiya_io 's Galxe leaderboard" indicates ongoing community engagement through platforms like Galxe, which often precede or run alongside airdrop campaigns. | Tweet |
Alkimiya is clearly building momentum, emphasizing active participation in their prediction markets. The upcoming Phase II competition, coupled with the ongoing Galxe leaderboard activity, presents fertile ground for those looking to get involved early and position themselves for potential future incentives.
Keep a close watch on Alkimiya's channels for announcements regarding Phase II and any further details on rewards or broader ecosystem incentives. Engaging with their platform and participating in upcoming events could prove to be a rewarding venture!
