Ethereal

Ethereal: Get Ready for Season One & New Point Boosts!

Ethereal, the high-performance perpetuals DEX, has been buzzing with activity, and airdrop hunters should definitely pay attention! With its unique approach to earning native USDe rewards on all deposits and a strong focus on community, Ethereal is wrapping up its initial phase and gearing up for what promises to be an exciting Season One. Here's a rundown of recent key updates that could directly impact your airdrop eligibility.

Season Zero Recap & The Road to Season One

Ethereal's Season Zero has been a monumental success, boasting over $1.2 billion in pre-deposited capital. This initial phase focused on early participation through deposits, primarily with USDe and eUSDe. Mid-May, Ethereal announced the "end of Season Zero is fast approaching," signaling a potential snapshot for these early contributors. New opportunities to deposit eUSDe and August PT-eUSDe via Pendle and Aave were also introduced to support Season Zero participants, solidifying ways to earn during this crucial period.

While Season Zero is concluding, the team has hinted that Season One is expected to kick off "during the course" of the August Pendle eUSDe maturity period, so keep an eye out for official announcements on its commencement!

🚀 New Opportunity: Earn 30x Ethereal Points with Strata! 🚀

This is big news for point farmers! Ethereal has partnered with Strata Money for their "Strata Season 0." As of July 22nd, you can now earn a significant multiplier of Ethereal points by participating in Strata's pre-deposit phase.

• What to do: Pre-deposit USDe and eUSDe on Strata.
• Your Reward: Earn 30x Strata points AND a massive 30x Ethereal points! This is a fantastic way to boost your potential Ethereal airdrop eligibility.

🔗 Link to Strata's announcement: https://twitter.com/strata_money/status/1947701561578107295

Testnet Trading Competition – Your Chance to Prove Skill & Earn!

As the public testnet phase for Ethereal draws to a close, a testnet trading competition was launched on July 23rd. This is a direct call to action for active users and provides a clear pathway to earning prizes. Testnet engagement, especially in competitive events, often serves as a strong indicator for future airdrop eligibility or direct rewards.

• How it works: Compete by trading on the Ethereal testnet.
• Key Rule: You must be profitable, and rankings are based on net PnL.
• Why it matters: This competition marks the "end of the public testnet phase," suggesting a potential snapshot of testnet activity for those who participated.

🔗 Link to Testnet Competition Announcement: https://twitter.com/etherealdex/status/1948051896541003902

Key Events & Actions for Airdrop Hunters

Ethereal is actively rewarding its community through various engagement avenues. Keep a close watch on their official channels for more announcements regarding Season One and any potential token launch details! Don't miss out on these opportunities to secure your spot in the Ethereal ecosystem.