EASY Testnet Airdrop to Start! (You are EARLY)
AlphaDrop
26 days ago
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
Here's a summary of the video:
This video dives into Zealous Swap, an incredibly early and under-farmed testnet airdrop on the Caspa ecosystem with confirmed rewards. It outlines a straightforward, step-by-step guide to participating in the testnet to qualify for future token distributions, emphasizing the potential for easy gains due to low competition. Additionally, the video announces the launch of a new community platform designed to help airdrop farmers and crypto enthusiasts connect and share strategies.
Here are the key topics and technical details discussed in the video:
Zealous Swap - An Early & Under-farmed Opportunity:
- Zealous Swap is highlighted as a highly under-farmed testnet, with only about 4,288 followers currently, meaning very low competition for potential rewards. This is seen as a fantastic opportunity for early participants.
- It is the first Automated Market Maker (AMM) based decentralized exchange (DEX) on the Caspa ecosystem, a significant development for that blockchain.
- The platform recently underwent a security review by Hexens, covering smart contracts, core DEX logic, NFT-based fee mechanics, and staking/farming systems, indicating a focus on security and reliability.
Confirmed Airdrop Rewards:
- Zealous Swap's Kesplex testnet is incentivized, with 4.8 million Zeal tokens (2% of the total supply) confirmed to be airdropped to testnet participants and early supporters.
- This initial airdrop, distributed during the first week of mainnet launch (estimated to be around a month away), is valued at over $500,000, making it a very lucrative potential reward given the low number of current participants.
Tokenomics & NachoCat NFT Strategy:
- The total supply of Zeal tokens is 240 million, with 10% allocated for community airdrops.
- The 2% for testnet participants is specifically for "Airdrop 1."
- A significant "min-max" strategy involves the NachoCat NFT, which is the largest community meme coin and NFT collection in the Caspa ecosystem, considered its "blue chip" NFT.
- While not mandatory, acquiring a NachoCat NFT (currently around 2,000 Caspa tokens or $150 USD) can give access to "Airdrop 2," "Airdrop 3," and "Airdrop 4," which allocate additional tokens to NachoCat NFT stakers and active traders on the mainnet, distributed 1, 2, and 3 months after launch, respectively.
- A strong word of caution is given: do not FOMO into buying NachoCat NFTs as their floor price is currently near an all-time high, and prices often dump once airdrops are processed. Only buy if willing to risk the capital.
Step-by-Step Testnet Guide (Actionable Takeaways):
- The Kesplex testnet is EVM compatible, allowing the use of popular wallets like MetaMask. It's recommended to use a burner wallet unless you plan to stake a NachoCat NFT.
- Step 1: Claim Testnet Tokens. Visit the faucet link to claim 50 CAS tokens every 24 hours. Zealous Swap also has a direct faucet on its platform for various tokens.
- Step 2: Perform Swaps. Go to the swap interface and swap CAS tokens for other tokens that are used in the active farms (e.g., TZLWCast, WCast T Nacho, T Kango T WCast). It's advised to split CAS tokens into smaller amounts rather than using them all at once.
- Step 3: Add Liquidity. Navigate to the "Liquidity" section and deposit your swapped tokens into pools to create LP (Liquidity Provider) tokens.
- Step 4: Farm. Take your LP tokens and deposit them into the available farms on the platform.
- Step 5: Stake Zeal and Nacho Tokens. Stake your TZLWCast tokens in the infinity pool for XZeal, and stake Nacho tokens for XNacho. If you own a NachoCat NFT, there's an interface to stake it for voting power once governance features are live.
- Step 6: Submit Feedback. Fill out and submit the Kesplex testnet feedback form (provided by the team via Telegram) to report any bugs or suggest improvements. This participation can also contribute to eligibility.
- Repetition: To maximize chances, it's recommended to repeat these tasks consistently, for example, every eight hours (morning and night).
New Alpha Drop Community on Circle.so:
- A major announcement is the launch of a new community platform on Circle.so, chosen over Discord or Telegram for its cleaner interface and all-in-one features (chat, photo sharing, linking to social media).
- The platform aims to leverage AI-powered agents and automated workflows to manage community interactions and backlogs efficiently.
- It's designed as a hub for the "Alpha Drop army" to share referral links, discuss airdrop strategies, min-max protocols, and engage in general crypto trading discussions.
- Future plans include adding more features and potentially exclusive content, like insights on altcoin buys and positioning.
Trading Insights & Community Q&A:
- Confirmation vs. Deviation: An important trading concept is highlighted from a guide on identifying correct entries at pullbacks. It's described as crucial for understanding market moves, especially on higher timeframes, and can serve as an entry model itself.
- Meme Coin Cycles: Discussion suggests that if Bitcoin hits new all-time highs this summer, meme coins might see an explosion (Phase 1.5 of the market cycle) even before Ethereum and large-cap altcoins, though these runs can be short-lived if Bitcoin retraces.
- Nansen Points: It's confirmed that it's not too late to farm Nansen points, and they are in talks for an official affiliate link. Farming points can be done through interactions like hype staking.
- Giza USDT Chart Analysis: A quick on-the-spot analysis of Giza USDT is performed, demonstrating how to apply principles of key support levels and potential re-entry strategies based on daily candle closes.
The video emphasizes the importance of networking within the crypto community and encourages viewers to join their new Circle.so platform to connect with other enthusiasts.
Transcript
Transcript
We're live! Boys welcome to Alpha Drop my name is Ron. My name is Martin. And today we have a quick and easy testnet airdrop that you can start farming. You are super early and this is highly under farmed. The rewards are confirmed. Now we'll explain this in this video. Also stick around till the end of the stream we have an announcement for our Alpha Drop army. This is gonna be a big one because this can be super helpful for your airdrop journey. Alright let's dive into the testnet. Let's go! I'm excited! You excited Ron? Super excited! I'm hyped! Yes! Smash the likes guys! Okay so this is Zealous swap. First and foremost this is highly under farmed. Only three people I know follow them and they only have 4,288 followers as of now. So they are the first AMM based dex on the Caspa ecosystem. Very recently they had Hexins did a security review for their platform audits focusing on smart contracts, cordex logic, NFT based fee mechanics, staking and farming systems. So the reward is confirmed. Their Kesplex testnet is incentivized. 4.8 million Zeal tokens will be airdropped to testers during the first week of mainnet launch as per their tokenomics. They haven't specified the exact date for the mainnet launch but it should be coming in about a month maybe earliest. So this was posted on June 2. Now it's worth not just $480,000 the airdrop itself it's worth more than $500,000. So if we only have less than 4,000 people farming this there's a very good chance we can get easy money from interacting with this testnet even just by doing a couple of swaps and LP-ing. Let's freaking go dude that's awesome this is a great freaking find. Yup and the full detail for their tokenomics Zeal token yes it's already live all right the part that concerns us total supply 240 million tokens 10% allocated towards community airdrop so they haven't done the airdrop yet. This is the one that targets testnet users. 2% of their supply 4.8 million tokens will be distributed to testnet participants and early supporters distributed at launch and also later when we get into the guide right step by step there's a part here that may interest you if you are bullish in the Casper ecosystem. This is for Nacho NFT stakers so Nacho NFT is the the Nacho meme coin is actually the biggest community meme coin following in terms of meme coin following on the Casper ecosystem and they are official partners with zealus swap okay let's actually see the NFT price here the floor price is roughly 150 USD which is 2,000 Casper tokens let's see NachoCats NFT so is it a meme coin as well yes it's a meme coin as well they also have their own NFT collection this is the blue chip of Casper mmm it's a blue chip of Casper pretty much I guess so here we go floor price 2,000 Casper tokens for the cheapest NachoCats NFT that is roughly 150 USD at the time of this recording so finally you know back in 2023 I bought a fuck ton of alt coins without even knowing much about market cycles then I bought some Casper tokens and now I can finally put it to use so I myself will be buying one NachoCats NFT it's up to you if you want to do it it might be a play it might be a play because if you look at the tokenomics right airdrop 2 they'll have 1.5% for Nacho NFT stakers this is for airdrop 2, airdrop 3, airdrop 4 this is on the mainnet airdrop 1 is for testnet okay so airdrop 2 Nacho NFT stakers 2.5 allocated to active traders so I'll also be spot trading on Zillis swap once they go on mainnet airdrop 3 1% for Nacho NFT stakers 1% for active traders then airdrop 4 also 1% for active traders 1% for Nacho NFT stakers distributed three months after launch for airdrop 4 2 months after launch for airdrop 3 1 month after launch for airdrop 2 okay so this is very straightforward very easy to do if you want to min max this airdrop particular airdrop then yes acquiring a NachoCat NFT is preferable but you don't need to do it okay okay so let's dive into the step-by-step guide for Zillis swap you can learn more about the project the overview the team information revenue model here on box mining.com full article is in the link down in the description below but what concerns us now is the testnet airdrop step-by-step guide so this is on Caspa or sorry casplex testnet which is EVM compatible so you can use MetaMask Ravi wallet or rainbow wallet to interact with this it is however recommended to use a burner wallet unless you have a Caspa NFT or sorry oh what's it called the NachoCat NFT okay so first things first claim testnet tokens from faucet so you can go to this link and claim 50 cas tokens every 24 hours you'll see a queue system there another cool thing is you can actually go directly to Zillis swap go to faucet here and if you have NachoCat NFT you can get oh sorry not this one here down here there's multiple tokens that you all can also claim the from the faucets each individual is there any fees that we have to pay only cast tokens so that's the first step you're gonna need to do which is to claim cast tokens right here okay then second perform swaps so you go to swap here and once you have some cast token right you can swap them to any token you want but the smartest way here is to see is to go from backwards so look at farms all right so right now there's only three active farms there is this one TZLWCast WCast T Nacho T Kango T WCast so just go to swap and swap to those tokens don't use up all your casts all at once split them up small by small small small okay small small small then once you have those just provide liquidity here this is the next step add liquidity to pool you go to liquidity and deposit all that you can okay then you take your LP token go to farms there are only three here so you deposit your LP tokens after providing liquidity that would be step four okay then step five is to stake zeal and nacho token if you head on over to the interface that would be here now we'll talk about this in a bit but first this is the easiest thing you can do is just a stake zeal to your TZLWCast tokens in the infinity pool for X zeal and then stake nacho tokens for X nacho right here in the nacho pool now if you have nacho cat NFT in your wallet you should there should be an interface here for you to stake the NFT to acquire voting power once they have governance features up you can vote for those proposals the check here and the leaderboard you can see the top stakers they definitely have NFT staking total stakers 383 oh my god this shows they actually control a lot of NFTs we're talking about 383 stakers but 7587 NFT stake so someone here probably has a lot a lot of those nacho cat and hey maybe we can scoop some up and maybe if this video gets a bunch of likes you can give one away yeah so smash up the like button guys we're gonna scoop up our entire floor and let's see yeah one thing to note here though is do not FOMO for the nacho cat NFT why because yes they control a lot of the supply look at the floor price look at the analytics the floor price is actually near all-time high so June 16 yes I did it soon expect the dip soon right so maybe later when airdrop to airdrop airdrop three according to the tokenomics where did it go right here maybe once these are in process usually what happens is the NFTs they start dumping okay so be very careful here only buy if you're willing to risk the amount for it okay okay and then the last step is to or yeah but hey me the last step is to submit a feedback form so if you've encountered a bug or you would like to give a feedback or if you want to suggest new interface for zealus swap platform you can fill in and submit the form here this is provided by the team themselves on telegram you can also see where do I go you can not this one you can also see right here the team themselves provided the Kesplex testnet feedback so previously they had an open beta right that was for developers don't confuse that feedback form with the Kesplex testnet feedback form which is for us end users okay so very very straightforward I hope this has helped you get on this ASAP try to try to complete as much of these tasks as you can LP into all of these pools deposit your LP tokens for these farms and stake and repeat I'm myself I'm just gonna be repeating the same route every eight hours so just morning and then nighttime and go to bed and then see if we can capture the 2% supply for testnet participants okay let's actually take a look at zeal token price oh it's pumping dude not bad mm-hmm yeah it's on higher high higher low structure okay okay now let's talk about the announcement big announcement yes what's up guys mmm a lot of you guys have been asking for this so yes found the perfect platform to do so we don't really want we didn't really want to do it on discord or telegram but we did choose to go with circle you don't know about circle it's just an all-in-one platform where everyone can just talk mm-hmm it's a lot cleaner I find yeah and you can post photos you can put it can link towards our YouTube and other social media platforms like X so we went ahead with the circle all you have to do is click the link down below fill up your information there should be pop up in your email and then you can just join yes so you do need a circle account so you can just sign in with your email and then join click the link and you'll see an invitation link in your email just click the link and you'll be in the alpha drop circle dot so so another nice feature that we learned about circle dot so is there's actually AI powered agents and to automated workflows so this is gonna be nice it's gonna clean up a lot of the backlogs we have I mean if you're farming air drops you know there's a shit ton of backlogs right so yeah if you have you know you want to share your referral links and have other alpha drop army members use it just post it here if you want to talk to other community members about strategies how to min max particular protocols that you've been interacting with you can share here as well right just yeah it takes two minutes by the way so strategies farming crypto trading alpha airdrop alpha everything over here yeah so go ahead chat and then we'll see how this goes we'll definitely add more new features here on circle dot so it won't just be a community chat we might even post content here why not right so yeah all right yeah guys we'll talk about all coins we're buying the things we're positioning for and things like that mmm Zeno says need access you've created the circle account already though let us know Zeno okay oh and also guys show some love for my trading for beginners guide series so part three is already out confirmation versus deviation this is super important concept to know even if you're not you know charting yourself or trading yourself even if you are copy trading others this is a very important concept to know because it helps you be in line with the thinking of the author that you're copy trading so basically if you want to learn how to enter correctly at a pullback confirmation versus deviation I know you hear me say this all the time during trading streams like Ron what the heck is a confirmation what the heck is a deviation how do you define those how do you identify those so full guide here on this article I will do a dedicated video we'll publish it soon here on alpha drop to explain more of my thought process on identifying confirmation and deviation so if you understand this you're already well well ahead you can actually practice yourself charting these patterns on trading view train your eye to see these okay and then back test it this can this is actually already an entry model itself this is actually perfect for retail traders looking to swing because confirmation deviation is much more accurate on a high time frame you can also do this on a low time frame but it is a lot of noise on the low time frame I still haven't back tested yet on a low time frame because I have my own entry model for low time frame you already know opening range breakout aka orb all right okay let's answer some questions Xeno says this is a private community it doesn't look like you have access to alpha drop the admin may need to add you as a member or grant you access to this page this text pop up okay so it looks like we might yeah yeah there's a five people already over here and I see Xeno already yep yeah so we'll get everything set up don't worry about it but let us know okay because this is a new tool that we're using but we talked to a lot of other other other people and they suggested that just use circle dot so it's a very clean interface for organizing content organizing chats especially especially because you know it's a lot of topics when it comes to airdrops so we'll review this with Michael too okay all right hello boys oh football tales is ebu tony what's up ibuka tony oh he changed his name I was like I saw this name yesterday yeah yeah yeah football tales you've been joining us all along with a different name cool cool yo Chris how's it going what's up Chris yo yo yo shout out to sapta rishi boss shout out to xeno I see you guys already joined the community chat so that's great is now a good time to re-enter in Giza let's actually take a look oh I need to log in to say oh so that's Sajjan Joseph so shout out Sajjan Joseph man hmm not this email actually can I just look at the chart without logging in Giza usdt me xc okay it looks like we can yeah yeah yeah okay okay this key level 18 cents so if you want full confirmation right read this one but we're using the principle from the article is it's so far it's respecting this key level right but potentially if we see a daily candle close below then it is likely it could retest the key level again and if it makes a new low this would be an entry for a short so if this happens scenario number one right you can bid here this is an ob at 10 cents otherwise if you if you want to re-enter now on the basis that price is respecting this key level you can enter here but also placing your stop loss at this ob so two ways to play about this all right I hope that helped glenberg juliana yo anthony o walabi been a been a while dude anita cho says I think the meme coin will not take off until november december or two all the way next year june and july uh you know if btc hits new all-time high in the summer then certain meme coins will explode you know that that uh what bitcoin ethereum altcoin cheat sheet this one right this one needs to be updated and you you definitely see a lot of talks about the update for this cheat sheet on twitter yep where bitcoin will definitely be phase one but phase two will be meme coins rather than ethereum and large caps yeah that's actually the phase 1.2 1.5 phase 1.5 it's meme coins actually yes because bullish for bitcoin immediately there are traders out there that just wants to look for quick gains for high volume uh assets where do you find that memes right so it will be very short-lived though if bitcoin does retrace back towards its support key level then it's likely those memes that really had a big run it falls just at fast exactly we've seen this many many times mm-hmm uh nansen point coming do we are we late for this plane no not at all in fact we are um in talks with the nansen team for an official affiliate link so uh once that comes through we will talk about nansen but in any case you can still interact with nansen and just farm points okay we're already doing this with hype staking via nansen okay made 200 on my hype long big big big big big big big big good stuff retaliation says when runiverse tge i know right i gotta know i gotta know does anyone know zeno do you know if uh xp token tge is coming very soon yes sir he's still playing though right uh anisio says oh by the way i might not be coming here as anita after september what what do you mean after september beta bot yeah yeah come in as beta bot coming as beta bot okay i see you i got you ah okay okay i see you i see you which version of datagram you got let me see is zealous a free airdrop yes yes testnet airdrop borrow yes sir it's confirmed two percent supply for testnet participants and as of right now that supply is worth more than five hundred thousand dollars and airdrops like these always do pretty well in our experience so as soon as i heard about z list i was like yep we're hopping in mm-hmm uh the datagram version right now 1.3 2.2 yes correct cyjan joseph says if anyone's got all nine chapters of monad verse there is form you can fill up to get the 10th white list let us know if you guys got nine chapters of monad verse we only got six i got four martin got four four again time zone diff dude time zone dish uh might not be beta bot either well let us know think of a nice username and then let us know all right you guys been great remember to smash up the like button subscribe to the channel and we really encourage you guys to join our circle community and just have a chat there you know any feedback you have for us you can even uh post it there but more importantly we want you guys to get started talking with the other people because you know people have been asking us yeah where are you gonna make a discord hey it's great to network around crypto enthusiasts within the community people who are always grinding on crypto it's important to make connections and just network oh i need to update is 1.3.5 now okay i'll check all right smash up the like button subscribe to the channel my name is ron my name is martin i was about to say michael but my name is martin