LOXO Airdrop Round 2 is Live!

Foreword

In the realm of DeFi evolution, meticulous testing stands as the bedrock of innovation. As Loxodrome prepares for its complete launch in March, an essential element of this process entails rigorous testing to guarantee the seamless operation of the protocol. This involves the integration of DEX features with the intricate mechanics of ve(3,3).

In celebration of this significant milestone and to draw focus towards this endeavor, we are thrilled to introduce: Zealy Testnet Campaign ($LOXO AIRDROP ROUND 2) - an initiative crafted to incentivize and thoroughly assess Loxodrome.

In $LOXO AIRDROP, we are airdropping 500,000 LOXO tokens! 🪂

Including two rounds (Community Campaign Round 1 + Testnet Campaign Round 2) Depending on the number of Zealy XP points for each user. In other words, the more Zealy points earned for each user, the greater his share of LOXO tokens.

As for the first round, it was community tasks (off-chain) amplifying the campaign's outreach, some of which are still active like Social tasks. New Participants to the Zealy can perform this tasks and take points in addition to participating in the second round.

Airdrop Rules:

  • With an initial supply of 10,000,000 $LOXO and 5% allocated for the airdrop, a total of 500,000 LOXO/veLOXO are ready to be claimed as rewards after the mainnet launch.

  • The minimum requirement for calculating points and receiving the reward is to reach level 4 in Zealy (1200 xp).

  • Round (2) ends on March 20th, 2024.

Reward Breakdown:

  • Every eligible wallet will receive:

    • 60% as veLOXO locked for 2 years

    • 40% as $LOXO (6 months linear vesting)

  • All participants who successfully reach Zealy level 4 (1200 XP) will get the "Contributor" role in Discord. To inform them that they have reached the minimum limit and entered into Airdrop calculations.

Testnet Campaign Guidelines:

  • Download Metamask wallet

    Installing MetaMask & Creating an Account: First, visit the MetaMask website to download the extension. MetaMask is available as an extension on Chrome, Firefox, Brave, and Edge.

    If you have already installed MetaMask, you can skip this step.

  • Add IoTeX testnet network to Metamask

    Go to ChainList and search for the IoTex Network Testnet and add it like picture:

Add IOTX testnet network to Metamask
Add IOTX testnet network to Metamask

After connecting your MetaMask to ChainList, click on "Add to MetaMask" you will receive a notification from MetaMask, click "Approve" Then, click "Switch Network". The IoTex Network Testnet will now be added to your MetaMask Wallet. You can confirm this by navigating to your MetaMask Wallet.

  • Getting IOTX testnet token to carry out the tasks

    Next step is getting testnet IOTX tokens. There are 2 options:

    OPTION 1: Official IOTX Faucet (Requirement Github account)

    Navigate to the IoTeX developers portal IoTeX Developer Portal then Sign in with your Github account.

    Enter your Metamask wallet address and verify then post the draft tweet, verify tweet and claim your test IOTX token.

OPTION 2: Multi-Chain Faucet from chains.tools

Visit chain tool and choose the “Testnet” tab Copy your Metamask wallet address on the IoTeX testnet, paste in the “enter address section and then verify the captcha and click on Request Now.

  • On-Chain Tasks

    It is important to note that every task will have a point based system and there will be points distributed to all task which is successfully carried out and reported as instructed.

    These tasks will include testing functions on Loxodrome Testnet Dapp

    Through Testnet Category on Zealy there are all special tasks about test the functions like Swap, Add Liquidity, Lock and Vote explained in detail.

    Every test task = 300 XP

    Renewed in a weekly way

Join the Zealy campaign here:

Join Us:

Website: https://loxodrome.xyz

Link3: https://link3.to/loxodrome

Twitter: https://twitter.com/_Loxodrome

Discord: https://discord.gg/Wz5WXSQ4Nu

Telegram: https://t.me/loxodrome_xyz

Ascend with us and become a Contributor.

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