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Pharos Network Testnet Airdrop (Full Guide)

Channel

AlphaDrop

27 days ago

Score: 1000

The summaries and transcripts on this page are generated with AI technology and may not perfectly represent the content of the video. Please use the information as a guide only.

Executive Summary

Okay, here's a summary of the video about the Pharos Network testnet airdrop:

Pharos Network, a high-performance EVM layer 1 focused on real-world assets, has launched its testnet, and it's seen as a strong candidate for a potential airdrop. The testnet is still very early, having launched recently and already attracting over 110,000 users. To participate in the airdrop opportunity, you need to join the testnet and complete various on-chain and social tasks.

Here are the key details and steps discussed:

  • Pharos Network is an EVM Layer 1 blockchain designed for real-world assets.
  • It has raised $8 million from notable ventures like HackVC and FactionVC.
  • The testnet is currently live and is considered to be in its very early stages (day 3 at the time of recording), which makes it a potentially good airdrop target.
  • Over 110,000 real users are already participating in the testnet.
  • To get started, you need to go to the Pharos testnet website, connect your wallet, and switch to the Pharos testnet network.
  • A crucial daily task is the daily check-in, which you should remember to do every single day.
  • To perform the on-chain tasks, you first need testnet tokens, which you can claim from a faucet provided by Pharos.
  • The first on-chain task is swapping tokens. You use the testnet Pharos tokens from the faucet to swap for other tokens, like Wrapped Pharos tokens.
  • You can swap to any of the available tokens, and it doesn't seem to matter which pair you choose.
  • You can repeat the swap task up to 10 times per day, so you need to manage your testnet tokens wisely. An additional faucet link is available if you need more tokens.
  • The second on-chain task is providing liquidity. You need to click on "new pool," select any token pair, enter the amount of tokens you want to add, and approve the transaction.
  • The third on-chain task is sending tokens to friends. Trying to send tokens to your own address doesn't seem to work. The presenter suggests sending tokens to another one of your wallets if you have multiple, which should count for the task.
  • There is a task to invite friends, which can be done by sharing your code. You can share the video, tag @boxminingmartin on X, and include your code.
  • Pharos has upcoming features like the Pharos Identify Service and NFTs.
  • Social tasks are also available, including following them on X, retweeting and replying to their posts, and joining their Discord server to stay updated.
  • Another method to farm the Pharos testnet and potentially increase your chances for an airdrop is by deploying smart contracts.
  • You can use a tool like Mint Air to deploy testnet smart contracts on the Pharos network.
  • To deploy a smart contract via Mint Air, connect your wallet, select Pharos testnet, choose whether to deploy a token or an NFT contract, set a timer, and deploy.
  • Deploying smart contracts is a way to ramp up your transaction volume on the Pharos testnet.
  • Participating in testnets like Pharos is part of a broader strategy for positioning yourself well for the upcoming "airdrop season."
  • It's recommended to check out Airdroplet.com for updates in the airdrop space, including their rumor monitor and news tab. Becoming a free member offers additional perks.

Transcript

Welcome to AlphaDrop. My name is Martin. Today we're going to be talking about Pharos Network, an airdrop a bunch of you guys have been asking us to cover. I'm going to be telling you my opinions about Pharos Network and everything you need to know about the airdrop. I'm going to be taking you step by step to complete all of the tasks so we can hopefully get the rewards at the end. All right, so if that sounds good to you, make sure you drop a like on this video, subscribe to the channel, and without further ado, let's get started. So the Pharos testnet is now live. They are a high-performance EVM layer 1 for real-world assets, backed by HackVC and FactionVC. Heading over to CryptoRank, they've raised a total of $8 million, backed by these big ventures over here. As you can see guys, we are still early. It is currently day 3 of Pharos testnet. The testnet was live recently and have over 110,000 real users on board. All right guys, the project team recently announced the launch of the testnet, which is definitely not to be missed. The first step is to click the link down below to head over to the testnet Pharos Network website. Once you connect your wallet, you will have to switch to the Pharos testnet to begin. Once you're done with that, the first step, what I did was to click on the daily check-in. Remember to do this every single day. And as you can see over here below, there are on-chain tasks we have to complete. And we can't do this without first heading over to the faucet. So click on the link down below so you can head over here to claim your testnet tokens from the faucet. And there we go. Now that we have the tokens ready, we can now head over back to the tasks and complete them. All right guys, now that we have our testnet tokens, let's head over to the first task, which is to swap. What we're going to have to do is connect over here. You're going to see we have our testnet tokens from the faucet, which we're going to pay with. And then for the tokens we're going to receive, we're going to be choosing the wrapped Pharos tokens. So I'm just going to adjust mine to 0.05 and then we hit on confirm. So feel free to swap to any of these tokens. As far as I know, it doesn't really matter what tokens you swap to. You can repeat this task up to 10 times a day. So remember to budget your Pharos tokens wisely. And if you need an additional faucet to claim your Pharos tokens, I'll leave one down below as well. All right guys, now with that out of the way, let's go ahead to task number two, which is to provide liquidity. So to provide liquidity, click on new pool and select any token pair. And then you'll enter any amount of tokens you'd like to add. And then you just hit on approve and boom. Now that that's done, we are onto the third task, which is to send to friends. Now for this step, let's go ahead and just send a random amount to my own address. Hopefully that works just like with some of the other projects that we've done this with. Okay. It seems like it does not work, but what you can do is just send it to another wallet. If you have multiple, like I do, that should do the trick guys. And then of course, lastly, for now we have the task to just invite a bunch of your friends for this task. Feel free to just share this video on X tag me at box mining Martin, and then also add in your code and then you should be good to go. All right. As you can see, there's the Pharos identify service, which is coming soon, and then also NFTs. And if you scroll down, of course, we have the social tasks as well to follow them on X, retweet their posts, reply to them, and then join their discord to stay updated with what they have going on. The Pharos testnet guide for beginners. I know some of you have been following. A lot of you guys. A lot of you. It is also a good target for testnet airdrop. So there's also another way that you can go about to farm Pharos testnet is by deploying smart contracts. So you can go to Mint Air and deploy testnet smart contracts on Pharos. So you just connect your wallet. Once you have some faucet tokens, right? You claim the tokens. Just look for Pharos testnet. Where are you? Right there. Right here. Just click Pharos testnet, set a timer, and you can select either a token or an NFT. It's the same thing we did for the other ones. And just deploy. This is also one way for you to ramp up your transaction volume on Pharos testnet. Look at that, guys. This is every single airdrop we've farmed on the channel. Look at that. Lisp, Mode, Lens, Ape Chain, Pharos, Polygon, Zora, Scroll, Sezmic, Somnia, OG Labs. This is literally everything we farmed. Damn, I think we're positioned nicely for airdrop season. Looking really good, guys. Looking really good. All right, guys. But that is pretty much it for Pharos Network. I hope you found that useful. Make sure to go ahead and check out airdroplet.com. We have a lot of updates in the airdrop space right now, especially if you're an airdrop farmer, you want to stay updated. So your best friends are going to be our rumor monitor over here and also our airdrop news tab. Go ahead to airdropa.com. Become a member for free. There's some additional perks to anyone who signs up with their email address. But that's pretty much it for today's video, guys. I hope you guys found it helpful. Give this video a like if you do and let me know down below in the comment section if there's any other projects you want us to cover next. Check these two videos out if you want to watch some more crypto airdrop related videos. I hope you guys have a profitable rest of your day. I'll see you guys in the next one. My name is Martin. Peace.

Video Stats

Views258
Likes29
Comments3
Duration5:52