Venom aims to be a Layer 0 blockchain using dynamic sharding to become a network ready for mass adoption.
The token is already live on CoinMarketCap, and they have mentioned in their whitepaper that 22% will be allocated to the community.
It’s still in its very early stages, and here are some steps to claim its airdrop with the launch of its testnet campaign.
Note: the network can be quite buggy at times, so you may need to perform the transactions multiple times before it works.
📝 Checklist for Venom
- Create a Venom Wallet
You can’t add the Venom network to your Metamask wallet, so you’ll need to create a separate wallet.
Similar to other wallets, you can choose to create or import a wallet.
After writing down your seed phrase, you should be able to create a wallet.
- Get testnet Venom from the faucet
You can complete some social tasks to receive some VENOM tokens in your wallet.
- NFT 1: Complete social tasks
- NFT 2: Send some Venom to an address
It took a while before it updated to say that the wallet received my funds.
- NFT 3: Interact with Web3.world (DEX)
This will be similar to other testnet DEXes that we’ve interacted with (swap, add liquidity, farm).
P.S. some of the transactions can take really long! Swapping Venom to USDC took 9 minutes before it was confirmed.
- NFT 4: Stake Venom with a validator
- NFT 5: Bridge Venom to an EVM chain
- NFT 6: Stake Venom
- NFT 7: Buy an NFT on the network
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NFT 8: Complete social tasks for the launchpad (VenomPad)
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Give feedback on Discord (under completed-tasks channel)
That’s it for now! I will update this page if there are any new tasks to perform.
Something you may need 🤔
Do you find it overwhelming to track all of the different airdrops that are available?
I've created an airdrop tracker of all the different networks and projects that I'm keeping an eye on,
and you can gain access to it by signing up for my Substack newsletter! The link to this Notion site will be included in the welcome email.