
Avalon Labs
Project Overview
Guide
To potentially participate in the Avalon Labs airdrop or community rewards, follow these steps:
- Research the project thoroughly on their official website and social media handles to stay updated on announcements.
- Hold or interact with Bitcoin on platforms supporting Avalon Finance to show community engagement.
- Engage with Avalon Labs products such as borrowing against Bitcoin collateral, using their Bitcoin-backed stablecoin (USDa), or participating in their lending protocols.
- Participate in staking or yield farming with the AVL token if available to increase eligibility.
- Follow Avalon Labs on social media platforms and join their official community channels to receive news about airdrop eligibility and distribution criteria.
- Complete any official tasks or campaigns announced by Avalon Labs related to the airdrop, such as onboarding, or testnet participation if applicable.
- Maintain an active wallet linked to Avalon Finance to be considered for rewards.
- Monitor official updates for snapshots or cut-off dates for qualification.
- Take part in governance voting or other community initiatives if the project links these to reward mechanisms.
- Always use official channels to avoid scams and verify authenticity of airdrop announcements.
Maximize Potential
To maximize potential rewards from Avalon Labs airdrops or incentives:
- Actively use the platform's financial products like borrowing, lending, and stablecoin transactions.
- Stake AVL tokens and participate in yield farming to increase reward eligibility.
- Engage regularly in governance processes to qualify for community incentives.
- Hold AVL tokens during key snapshot dates announced by Avalon Labs.
- Join and contribute to the community on X.com (@avalonfinance_) and other official channels for early info.
- Participate in cross-chain activities leveraging partnerships with BNB Chain and ZetaChain for broader ecosystem rewards.
- Complete all tasks and campaigns announced by the project promptly to ensure qualification.
- Secure your wallets and avoid phishing to maintain eligibility.
- Stay informed about updates through the official website and social platforms.
Latest X Summary
Airdrop hunters, it's time to dive into the latest from Avalon Labs! The past few weeks have been packed with significant updates, from a massive token burn that reshaped the supply to exciting new earning opportunities and crucial extensions for ongoing campaigns. Here’s your comprehensive breakdown of everything you need to know to maximize your potential.
🔥 Major AVL Token Burn: Claim Your Airdrops!
Avalon Labs kicked off June with a bang, executing a monumental burn of 80 million $AVL tokens on June 9th. This represents a staggering 44% of the circulating supply, equivalent to approximately $16 million. These tokens were primarily unclaimed airdrop rewards from the past year, now permanently removed from circulation.
This move signals a strong commitment to scarcity and value, but also serves as a stark reminder: claim your airdrops promptly, or you might miss out!
- Burn Announcement: Tweet Link
- Proof of Burn: Tweet Link
🚀 Ongoing KAIA Rewards Campaign: Extended & Refined!
Good news for those eyeing $KAIA rewards! The popular campaign to earn $KAIA by interacting with Avalon’s KAIA Lending Protocol has seen crucial updates.
Initially, participants could deposit or borrow to climb a leaderboard and share in a $200,000 $KAIA reward pool, with the top 100 sharing $100K. The engagement was so high that Avalon Labs decided to extend the event deadline to June 30th!
However, to ensure everyone gets a fair shot, the broader "Kaia campaign series" has been pushed back. This indicates that while the current lending protocol campaign is extended, further related initiatives might be slightly delayed for optimal rollout.
| Event | Details | Key Dates | Tweet Link The Avalon Labs team has been busy, and while there isnia few days, they have dropped some very important events for us to know. Here's a quick look at what's happening:
Key Highlights & New Developments
1. Massive $AVL Token Burn & Airdrop Reminder! Avalon Labs has permanently removed 80 million $AVL tokens from circulation, accounting for a huge 44% of the circulating supply and valued at approximately $16 million. These were primarily unclaimed airdrop tokens from the past year. This massive burn highlights the importance of claiming your airdrops promptly, as unclaimed tokens can be removed!
- Details: Tweet Link
- Proof of Burn: Tweet Link
2. KAIA Rewards Campaign: Extended & Series Pushed Back! The popular campaign to earn $KAIA through Avalon’s KAIA Lending Protocol has been extended! If you're depositing or borrowing to climb the leaderboard for a share of the $200,000 $KAIA reward pool, you now have more time. However, the broader "Kaia campaign series" has been temporarily pushed back to ensure everyone gets a fair shot.
KAIA Campaign Update Summary:
| Event | Details | Key Dates/Status | Tweet Link | | KAIA Lending Protocol | Participate by depositing and borrowing to earn points and climb the leaderboard. Points are based on deposits (1X) and borrowing (3X). Reward pool: $200,000 $KAIA ($100,000 for top 100). | Extended to June 30th. | Campaign Details, Extension Notice | | Kaia Campaign Series | A broader collection of Kaia-related campaigns. | Pushed back (no new date yet). | Postponement Notice | Event Description | | $sAVL Reward Distribution | Rewards distributed for the "Stake AVL & Win a Share of the 50,000 sAVL Reward Pool" campaign. If you participated, check your wallet! | Completed (June 12th) | Distribution Confirmation, Original Campaign |
💎 New Earning Opportunities
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Avalon's $USDT Vault is Live! Get ready to stake your $USDT and earn valuable Avalon Points and $KAIA. This new vault provides a fresh avenue for stablecoin yield farmers and airdrop enthusiasts alike.
- Launch Announcement: Tweet Link
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$sUSDa Pool on Penpiexyz_io: Avalon Finance is igniting the epoch with $15,000 in incentives for the $sUSDa pool on the @Penpiexyz_io Voting Market. Empower your vote and potentially earn!
- Incentive Announcement: Tweet Link
Stay tuned to Avalon Labs' channels for more updates and ensure you're participating in these exciting opportunities!