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Alkimiya
Tier A

Alkimiya

Expected Gains
Medium
Time Required
Varies based on engagement level with the protocol
Quest Nature
Financial
Funding Info
$0.202
82
Airdrop Score
Airdrop Dashboard

Project Overview

Alkimiya is a permissionless, open-source protocol for consensus capital markets that makes the economics of block space accessible to the broader DeFi ecosystem. The protocol allows miners and staking validators to lock in upfront revenue to fund future production, similar to how traditional commodity producers use financial instruments to hedge against uncertainties. Alkimiya enables consensus producers to create financial contracts backed by underlying 'consensus resources', helping them manage risks associated with on-chain transaction volatility.

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

  1. 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
  2. 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
  3. 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
  4. 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:

  1. Understand the economics of block space and consensus resources
  2. For miners: Utilize Silica to stabilize revenue streams during market volatility
  3. For investors: Analyze potential mining returns carefully before purchasing contracts
  4. Stay updated with the project's development as it's still in Beta testing

Latest X Summary

Alkimiya Airdrop Hunter Update: Stack Points & Trade for Potential Rewards!

Alkimiya has been buzzing with activity, and for savvy airdrop hunters, there's a clear path emerging to potentially qualify for future rewards. While no direct token airdrop has been announced, the project is actively encouraging engagement through a points system and trading competitions. Get ready to dive in!


Key Opportunities for Airdrop Hunters

The most promising avenue for earning potential future rewards comes from Alkimiya's Social Fourier Program and related quests.

1. Social Fourier Program & Galxe Quests: Stack Those Points!

Alkimiya has introduced a system where users can earn "Social Points" by completing quests through Galxe. This is a classic strategy employed by projects leading up to a potential token launch or significant reward distribution. The project explicitly states that these points can lead to "rewards on and off-chain." This is your clearest signal to engage!

2. USDC Supply Trading Competition: Test Your Edge & Earn Rewards

Alkimiya has been running a USDC Supply Trading Competition that is currently nearing its conclusion. While this competition primarily rewards top traders on the leaderboard with direct prizes, active participation here is a great way to engage with the platform and potentially earn Social Points alongside your trades.

3. Engage with the Base Revenue Prediction Market

Alkimiya recently congratulated Base on its launch and encouraged users to "Lock in your position now on Alkimiya's Base Revenue Prediction Market." While not tied to an explicit points system, being an early or active participant in new markets or features on a platform can often be a beneficial activity for future distributions.


Important Links for Airdrop Hunters

Event/ResourceLink (Tweet)
Social Fourier Program (Galxe Quests)https://twitter.com/alkimiya_io/status/1944595646851514581
USDC Supply Competition Leaderboard & Rulebookhttps://twitter.com/alkimiya_io/status/1948695939058991339
Alkimiya Apphttps://twitter.com/alkimiya_io/status/1947138251124564465
Base Revenue Market Mentionhttps://twitter.com/alkimiya_io/status/1945287861953081516

What This Means for You

Alkimiya is clearly building towards something exciting, and the "Social Points" system is a strong indicator for airdrop hunters. Engage with the Galxe quests, participate in the active trading competitions, and explore their markets to maximize your potential for future rewards. Keep an eye on their official Twitter channels for any further announcements regarding points, rewards, or potential snapshots. Good luck, hunters!

Tutorial Videos