🔥 The Best Airdrop To Do In March 🔥 Only 1 Step To Do - Takes 5 minutes 🚀
Crypto Currency State
3 months ago
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Executive Summary
Here's a summary of the video about the Ethereal DEX airdrop:
Here's one of the top airdrops to chase in March, focused on the Ethereal DEX by Ethena Labs. It's super simple, just requiring one step to start earning points for a potential token airdrop by depositing Ethena's stablecoin, USDe. Given Ethena's past successful airdrops and massive funding, this feels like a prime opportunity that's still flying a bit under the radar.
Here are the key points and details about this airdrop:
This is considered one of the best airdrops you can do in March.
Participation is very easy, requiring just one simple step.
It should take around 5 minutes to complete the initial setup.
The airdrop is for the Ethereal DEX, which is set to launch very soon.
Ethereal is developed by Ethena Labs, known for their USDe stablecoin.
Ethena Labs has already delivered two successful airdrops in the past, with the first one being very profitable (yielding thousands of dollars).
This Ethereal airdrop feels like it's still "under the radar" compared to Ethena's main project.
There's a strong feeling that this project and its token could be the "next hype token" in the crypto space.
Ethena Labs, the creator of Ethereal, is a significant player in crypto.
Their stablecoin, USDe, is designed to maintain a stable value, similar to other stablecoins pegged to the US dollar.
The mechanism behind USDe has been working perfectly so far.
Ethena has a range of products built around USDe.
Stablecoins are seen as a crucial part of the future financial system, and Ethena is positioning itself strongly in this area.
Ethena secured $136 million in funding by April 2024.
USDe is considered one of the best stablecoins launched in 2024.
USDe has a very large market capitalization ($5.4 billion) and ranks high among cryptocurrencies (currently around rank 28).
Ethena's main token, ATINA, is also a top coin (currently around rank 57). Having two coins in the top 60 shows Ethena's scale.
Ethena is rapidly expanding through partnerships, reportedly including BlackRock.
They are generating substantial fees and revenue, indicating a healthy business model.
Ethena is backed by major industry giants like Binance Labs, adding to its credibility.
Ethena Labs has considerable resources ("millions and millions of money") to invest in growth and projects like Ethereal.
The Ethereal airdrop campaign is not brand new; it started in February, so it's already been running for about a month.
It operates on a point system where users accumulate points based on their participation.
Getting points involves a "pre-deposit" of funds into the Ethereal platform.
These accumulated points are expected to convert into tokens for the Ethereal platform itself.
A nice bonus is that by participating in the Ethereal airdrop, you also earn points towards the next round of the ATINA airdrop.
A major advantage is that you can withdraw your deposited funds anytime you want. This is seen as "very important" and "great for this airdrop" because many similar protocols require locking up your capital.
The point accumulation period is currently planned to end in May, giving about two and a half months from March to earn points.
The first step to participate is connecting your Metamask wallet to the Ethereal platform (it's safe).
You need to deposit USDe into the Ethereal pre-deposit application, which is currently in "Season Zero."
When you deposit USDe, you receive eUSDE "recipient tokens."
Holding these eUSDE tokens is what earns you Ethereal points.
Holding eUSDE also gives you a maximum 30x multiplier on your Ethereal rewards.
It also provides a 30x multiplier on your ATINA rewards from that deposit.
The more USDe you deposit and the longer you hold it, the more points you accumulate; points scale linearly with deposit size and duration.
Soon, you'll be able to use your eUSDE in other supported integrations to earn even more rewards.
An integration with Pendle liquidity pools/application is already available, offering 60% more Ethereal points on your deposit if you use it.
To participate: 1) Go to the Ethena platform. 2) Swap other stablecoins (like USDT, USDC, etc.) for USDe. 3) Go to the Ethereal pre-deposit page. 4) Connect your wallet. 5) Enter the amount of USDe you want to deposit and confirm the transaction.
The fees for swapping to USDe and depositing on the Ethereum mainnet are currently quite low (reported around 35 cents per transaction).
After depositing, the Ethereal page will show your points total and the amount of eUSDE you hold.
Just holding the eUSDE after depositing automatically earns points.
You can get a referral link after making a deposit.
Sharing your referral link earns you points based on the deposits of people you refer (they don't lose points; you just get a bonus).
Using or sharing referral links can be done through community channels like private Discords dedicated to airdrop hunting.
Ethereal currently seems less well-known than Ethena, suggested by its 36k followers on X compared to Ethena's likely higher count.
Its Total Value Locked (TVL), which is the total amount of crypto deposited in the platform, is around $400 million. This is a substantial amount but might not be "super farmed" yet compared to other major protocols.
It's considered "worth it" to deposit a couple of thousand dollars or more in USDe to start earning these points, given the potential reward.
Airdrops from the first rounds ("Season Zero") are often better and larger.
Airdrops for Decentralized Exchanges (DXs) historically offer great opportunities, like the successful Hyperliquid airdrop.
The main actionable step is to get USDe and deposit it into the Ethereal pre-deposit application.
Acquiring USDe can be done by swapping other stablecoins on the Ethena platform.
Keep in mind the point earning period might end around May.
Check for and utilize supported integrations like Pendle to potentially boost your points accumulation.
Consider sharing your referral link and using others' links within communities.
The ability to withdraw funds anytime makes this a lower-risk way to chase an airdrop compared to protocols that lock your capital.
Transcript
Transcript
Hi crypto fans, welcome to CCS Cryptocurrency State. My name is Santiago and in today's video we are going to cover probably one of the best airdrops that you can do in March. This airdrop is very easy to apply, you just need to do one step and you are going to start receiving those points for this airdrop. It's impossible to talk about this project without talking about the real responsibility of this. The project is called Ethereum, this is a DX that is going to be launched very, very soon. The project that created Ethereum is actually Athena, which is a stablecoin project that we covered in the past. We received already two airdrops from them. The airdrop number one of Athena was amazing. Thousands of dollars we received on that one. And this could be one of those big airdrops that from my perspective is still under the radar. Ethereum DX was created by Athena Labs. So like I mentioned, Athena, we covered this before, we got these airdrops. You can go here to the application, you can buy USDE, which is their stablecoin. How does stablecoin functions? You can check it in the documentation, we covered it in the past, but so far has been working perfectly. And they got many, many products related to this stablecoin. Like you know, with the new government and new normatives that are going to be launched soon, stablecoins is going to be a huge part of the new financial system. And they are really positioning on that already. Athena not only got 136 million in fundraising until April 2024, but was one of the best stablecoins launched in 2024. At this point in the market, you can see USDE is at position 28 and always around these ranks with 5.4 billion in total market cap, which is huge. And if you scroll down on the top of the coins, you also can see the ATINA token itself that is at 33 cents. It was around $1 and something else at position 57. So this project has right now two coins in the top 57 coins. So ATINA for sure is one of the biggest projects that we saw in 2024. And right now, ATINA has been expanding a lot. They have partnerships and projects related to BlackRock and many other projects on the way. So they are really generating feed and revenue for the company. So I think they are going to expand massively on the crypto space. One of those projects that they are expanding is this, Ethereum, which is going to be this DX. And I think this one could be the next hype token, the airdrop distribution. ATINA has millions and millions of money to spend on these expansions and projects. And of course, a logical business is a DX that they are going to be controlling, generating fees and more. ATINA also is backed by giants like Binance Labs and many others. So important points about this airdrop. This is not a new airdrop. This started in February. So we are already a month into the airdrop and they launched a point system, which is very easy to apply. What you need to do is do a pre deposit that is going to generate you points for the airdrop. It's almost guaranteed that this could end up in a token airdrop for the token specifically for this platform. Also, it's going to give you ATINA points system. So doing this, you also participate on the next round of ATINA airdrop. Another important thing is that the withdraw is open so you can withdraw your funds anytime that you want. So you don't need to lock up your capital if you want to take it out. And that is very important because many of these airdrop protocols that ask you to put deposit there, you need to leave the money in there and lock the money there for some timeframe or period of time. And I really don't like that. I had to be able to take out my capital wherever I want. So this is also great for this airdrop. And the main need and the end of the point system is planned for May. It's not confirmation that in May they are going to launch, but that is what is planned in their website and documentation. So if that is true, we have two months and a half for generating points on this project. Let's go and see how it goes. First of all, the point one is that you need to connect your Metamask wallet. It's safe. I have been using it already. And deposited funds there. So go to the link here. You support the channel with a referral link. It's going to send you to the Ethereal pre-deposit application. This is a season zero. You can see your total points when you connect and your rank. So basically you can earn more with every deposit. If you need to deposit USD into Ethereal and receive eUSDE recipient tokens, you need to hold to accumulate ethereal points. And as a bonus, unlock the maximum 30x ethereal rewards multiplier on your deposit. Plus, use eUSDE in supported integrations that are going to be soon to amplify your rewards even further. Ethereal points are distributed linearly, scaling with your deposit size and duration. The more you deposit, the more you earn. And here you can see the pre-deposit application. What you need to do is connect your wallet and deposit USD, which that brings us to the second point of the video, which is you need to go to Athena to get these USD tokens. As much as USD you deposit is better for the point system. So you will get more points. So just go to Athena, connect your wallet, and you can swap here many different tokens, stable tokens into the USD token. So this is on Ethereum mainnet, but right now the fees are really, really low. I just deposit more and I just paid like 35 cents on each of the two transactions that I needed. So it's really cheap even if we are talking about Ethereum mainnet. So go to Athena, connect your wallet, swap some stable for USD. You are not losing any value or money there. And then with your USD, go to the project, go to the pre-deposit here, connect your wallet, enter the amount of USD and click on deposit. And you are set. After that, you are going to start seeing your points, the total eUSDE that you get. And simply by holding USD after pre-deposit earns you Ethereum points plus the bonus 30x Athena rewards multiplier on that deposit. And like you said here, soon you are going to be able to use that eUSDE into another supported integration to even greater rewards. And like you can see down here, you can also deposit in Pendle liquidity pools or in Pendle application to get 60% more Ethereum points on your deposit with this supported integration. So here you already have one supported integration. So that was step three. So you go back to the Ethereum deposit page and deposit your USD. And after you do that, you are done. You don't need to do anything else. You just need to start seeing your points generated. The point four is that after you deposit, you will be able to get a referral link that will also give you some rewards of your referees. It doesn't mean that your referees lose anything. You are getting some points too of what they put. So there's no harm on that. So you can start sharing your referral links. And remember that we have a specific section on our invites and referrals in my private Discord, where we share those referrals. So we can share that and use the referrals from other people in my private Discord. So that is also another advantage to be on my private Discord. We have many channels for announcements, airdrop distributions, many things that I don't cover on YouTube are only on my private Discord, with many eligible people and airdrop hunters that help me there to keep my community live there. And with plus and alpha information of all the different airdrops. So showing to my private Discord, the subscriptions are really, really cheap. You can go to cryptocurrencystate.net slash subscriptions. Check my website. Here you have all the information of my private Discord and my airdrop application. This is the app that I use to keep control and track everything that I do on my more than 12 wallets with more than 70 airdrops on each of my wallets. So here's a video on how it works. The subscriptions are really cheap, guys. If you want to start doing airdrop hunting, showing to my community and my application, you will be set. And Boris, I and many others are going to help you on my private Discord. So for more news on Ethereum, you can go to the X account and you can see that it's passing a little bit under the radar. 36k followers. If you compare it to Athena, I don't think that all the people that is doing Athena is actually depositing here on Ethereum. If not, the volume and the TBL is going to be bigger than what we have right now, which is around 400 million in TBL. I know that is a lot, but I think it's not super farmed at this point. It's worth it to put a couple of thousand dollars on USD and move it into Ethereum to start getting these pre-deposit points that are going to be airdrops. Remember, the first round of airdrops is always better and a DX is always a great, great opportunity for airdrops. We saw what happened with Hyperliquid. The hype token was one of the best of the year. So that is all for this video. This is probably one of the best airdrops that you can do on March in one step. Before we leave, don't forget to like the video, click the subscribe button and click the bell to get the notifications so you don't miss any of these airdrop videos. And most important, the airdrop distribution and claim videos. So you get your tokens after you apply. Guys, soon we are launching a merchandising store with many, many cool designs related to crypto and airdrop hunting. So I hope you get one of these merchandising items. It's great to have something that you can identify with. And there are not many good designs of merchandising related to crypto. And even with airdrop hunters, I didn't find anything. That is why I wanted to create my own designs and I will be launching that very, very soon. That will be all guys. And I will see you in the next video. Bye. Bye.