{"id":15455,"date":"2024-07-10T15:10:21","date_gmt":"2024-07-10T15:10:21","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=15455"},"modified":"2024-07-10T15:10:21","modified_gmt":"2024-07-10T15:10:21","slug":"li-fi-airdrop-exploration-and-evaluation","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/li-fi-airdrop-exploration-and-evaluation\/","title":{"rendered":"LI.FI Airdrop Exploration and Evaluation"},"content":{"rendered":"\n
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LI.FI introduces a cross-chain bridge aggregation protocol that facilitates any-2-any swaps by connecting bridges to DEXes and DEX aggregators. Similar to 1inch & Paraswap for bridges, LI.FI selects the best bridge to transfer funds between chains. Since bridges only support stable-coins and a few other coins, DEXes are available on both sides of the bridges to enable any-2-any swaps across chains.<\/p>\n

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Having secured $23M in funding from prominent investors such as Coinbase and DragonFly Capital, LI.FI has initiated an XP campaign. Users engaging in swaps will accrue points in the form of XPs. Early users utilizing the bridge and accumulating XPs may be eligible for an airdrop<\/a> should they launch a token in the future.<\/p>\n

\n Procedure at a Glance:<\/strong><\/p>\n
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  1. Access the LI.FI x Jumper bridge.<\/li>\n
  2. Connect your wallet.<\/li>\n
  3. Choose a source chain and coin.<\/li>\n
  4. Select the destination chain and complete the swap.<\/li>\n
  5. Earn points in XPs.<\/li>\n
  6. Monitor your XPs here.<\/li>\n
  7. XP points are updated monthly during the first week.<\/li>\n
  8. LI.FI is yet to introduce its own token but may do so in the future.<\/li>\n
  9. Users accumulating XPs are likely to receive an airdrop upon token launch.<\/li>\n
  10. Ensure to fulfill their Galxe tasks.<\/li>\n
  11. Kindly note that there is no assurance of an airdrop or token launch. This is speculative.<\/li>\n
  12. The team mentioned Season 2 of the Loyalty Pass is concluding this month.<\/li>\n
  13. Users from season 1 and season 2 will receive overall XP boosts.<\/li>\n
  14. Engage in the SuperFest to complete missions across various DeFi protocols on OP Mainnet, Base, Mode, and Fraxtal. Each mission rewards you with 5 XP and a share of 1.5M OP tokens. For additional details, refer to this tweet.<\/li>\n
  15. Details regarding the future of the Loyalty Pass will be disclosed next week.<\/li>\n<\/ol><\/div>\n

    If you’re interested in potential projects without a token yet that could offer retroactive airdrops of governance tokens to early users, explore our list of prospective retroactive airdrops to not miss out on the next DeFi airdrop!<\/p>\n

    Stay updated by following us on Twitter<\/a>, Telegram<\/a>, & Facebook, and subscribe to our newsletter for the latest airdrop notifications!<\/p>\n<\/div>\n

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    Overview<\/h2>\n
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