Particle Network Airdrop: IT'S FINALLY HERE! Diamond Season Zero (Huge Update) $PARTI | Full Guide
AlphaDrop
3 months ago
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Executive Summary
Here is a summary of the video about the Particle Network Airdrop Diamond Season Zero:
Alright, so after a long wait, Particle Network has finally launched its mainnet campaign called "Party Diamond Season Zero." The big goal here is to earn "Diamonds" by using their mainnet platform, Universal X, primarily through trading, as Diamonds are expected to be the key metric for getting a future token airdrop. If you participated in their testnet, you'll want to pay attention to maximize your potential rewards.
Here are the key things to know:
- Particle Network's mainnet campaign, called Party Diamond Season Zero, is finally here after about five months since the testnet ended.
- The main objective of this campaign is to earn "Diamonds."
- Diamonds are the metric that will likely determine your allocation in the future airdrop when Particle Network launches its token (TGE - Token Generation Event).
- To participate and earn Diamonds, you need to use their mainnet platform, Universal X, which is essentially a trading interface.
- Make sure to connect the exact same wallet you used for the previous Particle Pioneer testnet campaign.
- Connecting the same wallet is crucial because it grants you a "Community OG Booster" level. The presenter's testnet wallet gave them a Level 3 booster.
- If you hold other Particle Network assets like Ally tokens, Capybara NFTs, or participated in their Launchpad, your OG Booster level might be even higher. A higher booster level is considered advantageous for earning Diamonds.
- The primary way to farm Diamonds is by trading assets on Universal X.
- You can deposit assets onto Universal X by sending them to your unique "Universal Accounts address" provided on the platform.
- While you can deposit assets from many chains (they list 11), not all deposited assets can be used for trading.
- Only specific tokens are currently enabled for trading: USDT, USDC, ETH, BTC, and SOL.
- Depositing USDC or USDT specifically on the Arbitrum chain is recommended because it seems to be the cheapest option and the most reliable for making trades work. The presenter tried bridging USDC from the Mode chain, and it didn't work for trading.
- The trading on Universal X is currently only spot trading; there are no perpetuals or futures.
- It functions much like a decentralized exchange (DEX) where you can swap supported assets.
- They have a leaderboard, and earning more Diamonds or having a higher trading volume is likely to improve your rank. At the time of the video, fewer than 30,000 people were interacting with the mainnet, suggesting it's still relatively early.
- A significant point of concern is the "Universal Account address" you deposit funds into. You cannot export the private key for this specific address.
- Your original wallet (the one you connected initially, called the "owner address") acts as the signer for transactions on the Universal Account.
- The inability to export the private key means you don't have full, sovereign control over the funds held in the Universal Account address.
- The presenter feels this lack of direct control and inability to export the private key is a risk factor. If the Particle Network website or platform were to go down or the project had issues, you could potentially lose the funds deposited there because you can't access them with your own private key outside their interface.
- Because of this risk, the strong advice is not to deposit a large amount of money into Universal X. Be cautious and only deposit what you are comfortable potentially losing.
- There is no mention of insurance for funds held on the platform.
- This Diamond Season Zero campaign is expected to run for about a month.
- Overall, it's an important update for those who farmed the testnet and are interested in the Particle Network airdrop, but it comes with a notable risk regarding asset control.
Transcript
Transcript
Boys, welcome to Alpha Drop. My name is Ron. Martin here. And we have some long-awaited updates from several of the airdrop. Finally! That we have been farming, so we need to cover them now because the call to action for these campaigns are for this month if you want to be maximizing from these ecosystems. What's the first project, Ron? Alright, the first project, and oh my god, it's finally here. Everyone has been asking us about Particle Network. And the honest answer is, we do not know what the hell is going on. Until now. So finally, it's been, I think, five months now since the end of the Particle Network testnet. Now the mainnet phase is in. So this mainnet airdrop campaign is called the Party Diamond Season Zero. And the call to action here is to use their mainnet universal account to trade, also known as Universal X, to earn diamonds. Okay? So the diamonds will be the metric for getting the airdrop once their TGE goes live. So if you've been farming the testnet, and if you're interested in pursuing this ecosystem, pay attention. If not, then it's okay. You don't need to get caught up in this. You can just continue farming your other airdrops. But if you're particularly interested in Particle Network, then you must pay attention here. Okay? So let's dive straight into here. So once you get here, you're going to need to connect your wallet. And the wallet has to be the same as the one you connected for the testnet. Right? The Particle Pioneer. Because once you get to the diamond, you can see you'll be able to get the Community OG Booster. Okay? So that means if you're a ally token holder, Capybara NFT holders, if you participated in the People's Launchpad, or if you participated in the Particle Pioneer. And this is the one that pertains to most of us here. Right? We just did the testnet. Now what's the next step? So now the next step is to use this Universal X mainnet to trade. All right? So connect that same wallet that you've connected to Particle Pioneer here on Universal X. And you'll be able to get a level for your OG Booster level. So for this wallet, I only completed the Particle Pioneer. Right? We only participated in the testnet campaign. So that gave me level three. But I think if you have more of those, more of these, so maybe if you're holding ally tokens, or if you're holding Capybara NFTs, or even if you've participated in the Launchpad, your Community OG Booster level should be higher. Okay? Then the next step is to just simply trade. Because this is what we're aiming for if you want to get more airdrops from Particle Network, which is the Diamonds. So they have, I think, how many Diamonds that they're going to be giving out? I think it's 10 million. All right? And Ron, do you suggest logging in with Metamask, email, or what do you suggest? Metamask. Metamask with the wallet you used previously, right? In the testnet. Yes, exactly. Making it clear. So all you need to do to farm the Diamonds is here. It's simply to trade assets, and you can choose any across 11 chains that you can do. But a little bit confusing here because when it comes to depositing assets, right? So how you deposit assets is you go to Account, you click Receive here, and then this is the Universal Accounts address. So this is your wallet here on Particle Network Mainnet. And you can actually deposit any assets on these chains here onto the Universal X. However, not all of them can be used to trade, okay? So they've stated here in the document, here in the Primary Tokens, these are the tokens that you can only use to trade. It's USDT, USDC, ETH, BTC, and SOL, okay? So that's gonna be primarily on Arbitrum and Ethereum. It's a little bit wobbly on other EVM Layer 2s because I've bridged my USDC from mode, and I couldn't use it as an asset to trade here. So the most reliable one simply is just to stick to USDC or USDT on Arbitrum. That would be the cheapest option that you can do if you're gonna be trading here on Particle Network, okay? So this is purely spot. It looks like there's no perps going on here. So it's just treated like a DEX if you're going to be swapping here, okay? And anything else to cover about this one? So it's currently on the leaderboard. I'm at zero points for this wallet at 29,000 ranks. That means I think less than 30,000 people so far interacting with this Universal X, the mainnet of Particle Network. So I think the more volume you have going on, the higher that you will rank. And it's definitely advantageous if you get the booster levels here, okay? Anything else to cover? Yeah, not much, pretty much. That's it. That's it, really. And plus, my first thought was, hey, since I've been given this Universal account, right? Because it's a different address, how do I export my private key here? So from what it looks like in the document, there's, this is, you can't do that because it's already, sorry, your owner address, right? The wallet that you use to sign into Particle Network is already acting as the signer for the Universal account. So as long as this website is here and live, your funds should be safe. But here's a little bit of risk factor because you cannot get full control of that Universal account by exporting your private key. I suggest not depositing a lot of money into this for now, okay? Because we don't have insurance here, right? We can't get to export our private key, much like we were able to do so with BullX or other trading platforms that allow us to export private keys. But here, I can't seem to export my private key. It's just, I'm only able to sign the transaction with my owner address. So if you're going to be trading this, please be cautious. There's that risk factor there. If this website for some reason goes down or maybe the project goes bust, then you'll lose those funds. So be very, very careful there, okay? All right. So that's it for Particle Network. It looks like this season will go on for, I think, about a month. That's what they said. All right. That's it for Particle Network. Long-awaited update. And yeah, that's it for now. You guys know what to do. Smash up the like button. Subscribe to the channel. My name is Ron. Marden. Happy birthday, Dino. Birthday, Dino. Happy birthday, Dino. .