Participating in the StableSwap Airdrop: A Step-by-Step Guide

Step 1: Obtain USDT

Start by purchasing USDT from exchanges like Binance, then withdraw to your wallet on the Ethereum mainnet to engage in StableSwap activities. Alternatively, you can use alternative bridging options like Rhino to transfer USDT from Ethereum to Stable.

Step 2: Bridge USDT to StableChain

Access the StableSwap bridge dashboard. Connect your wallet, select USDT from your source chain, and finalize the bridging transaction. You will receive USDT0 on the StableChain along with a 1 gUSDT gas fee bonus for your first transaction.

Step 3: Execute Stablecoin Swaps

Once connected to StableSwap, swap some amount of USDT0 for wgUSDT. Enter your desired swap amount and enjoy the zero-slippage trade.

Step 4: Provide Liquidity

Equalize your funds between USDT0 and wgUSDT, then navigate to the Liquidity section. Add liquidity to the USDT0-wgUSDT pool to earn trading fees and become eligible for a share of the 65% liquidity mining token allocation. Increased liquidity contributions often lead to larger rewards. Be sure to stake your liquidity tokens as well.

Step 5: Purchase and Lock STA (Optional)

Convert USDT0 to STA tokens, then visit the Lock page. Select the option to create a lock and lock your STA tokens to enhance your voting power and earn more substantial rewards.

Step 6: Connect on Discord

Join the StableSwap Discord community and complete the connection on the leaderboard page. Engage in conversations, assist fellow members, and participate in events to accumulate points for the leaderboard.

Step 7: Content Creation

Create informative content about StableSwap on X (formerly Twitter), such as posts, threads, or memes. Additionally, consider writing a blog or producing a video on YouTube to gain more points. Content that highlights the platform’s functionality or serves educational purposes usually ranks higher.

The following are potential points for various content contributions:

• Long-form article (on Medium, Mirror, or Paragraph): 25 points for each approved piece
• YouTube Video: Earn 25 points for each video
• X post or thread: 10 points per post made
• Memes: 3 points each

To secure an airdrop allocation, achieve the following point levels:

• Early Contributor: 30 points; guaranteed token allocation = 1,000 STA
• Super Contributor: 100 points; guaranteed token allocation = 3,000 STA
• OG: 200 points; guaranteed token allocation = 8,000 STA

Strategies for Optimizing Your Airdrop Earnings

Bridge early: First-time bridging users receive a 1 gUSDT gas fee bonus, effectively making your initial transactions cost-free.

Be active regularly: Frequent swapping and liquidity provisioning showcase ongoing engagement with the platform rather than one-time participation.

Diverse engagement: Participate in various types of activities, including swaps, liquidity contributions, STA locking, and content creation, rather than focusing entirely on transaction volume.

Prioritize quality content: Authoritative articles and creative contributions generally yield more points than low-effort posts.

Track your leaderboard rank: Keep tabs on your Discord rank and adapt your participation strategy to maintain a leading position.

Commonly Asked Questions

When is the $STA token expected to launch?

The exact date for the Token Generation Event has not yet been revealed. Stay tuned to StableSwap’s official channels for updates on presale and launch information.

Is there a need to hold tokens to be eligible for the airdrop?

No token-holding requirements are needed. Eligibility is based on your activity on the platform, including swaps, liquidity provision, and community interactions.

What is the minimum activity necessary for participation?

No specific minimum activity has been defined. However, consistent engagement across numerous activities typically enhances your chances for allocation compared to sporadic participation.

Can assets from any blockchain be bridged?

The bridge currently accommodates USDT transfers exclusively from the Ethereum mainnet.

How are points earned in Discord calculated?

Points are amassed through active participation in discussions, accomplishing tasks, and leveling up your rank within the server. Higher ranks often correspond with greater point totals on the leaderboard.

Is there a referral program available?

Currently, StableSwap does not offer a referral program.

Final Thoughts

The upcoming airdrop from StableSwap presents various opportunities for participation through bridging, trading, liquidity providing, and community involvement. With 7% of tokens allocated to the community and 65% for liquidity mining, early users who engage across these avenues stand to gain significantly from the $STA token distribution. Aim for ongoing activity and varied participation rather than focusing solely on one aspect.