The deBridge airdrop is an opportunity to receive tokens as a reward for your involvement in the blockchain ecosystem. How to be eligible for the airdrop of this cryptocurrency bridge?
deBridge Finance is a cross-blockchain interoperability protocol that enables the decentralized transfer of cryptocurrencies between different blockchains. Validation of cross-blockchain transactions is performed by a network of independent validators who are elected and work for the governance of deBridge.
deBridge raised $5.5 million from leading investors including Animoca Brands and ParaFi Capital. The protocol has also launched an airdrop campaign that will reward users for their bridge transactions.
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In order to facilitate transfers between blockchains, deBridge uses its own method of “ relay bridges ». This system involves the use of 2 smart contracts, 1 on each blockchain involved in the transaction.
First, users deposit their assets into the smart contract on the starting blockchain, then the deBridge protocol locks these assets and sends a message to the smart contract on the destination blockchain. This message instructs the smart contract to release assets equivalent to those deposited on the starting blockchain.
This relay system allows deBridge to offer fast and secure transfers between protocols. deBridge is also scalable and can support a wide range of blockchains.
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The benefits of deBridge
Within decentralized finance (DeFi), deBridge offers several advantages over other bridges:
- Speed : Bridge transfers are fast, very often validated in a few seconds;
- Security : the Bridge protocol is secured by delegated staking and slashing mechanisms;
- Scalability : deBridge allows developers to run their decentralized applications (dApps) on multiple blockchains. Their smart contracts are therefore more interactive and allow the development of new innovative cross-blockchain applications;
- Ease of use : this bridge is easy to use and does not require any special technical knowledge.
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deBridge has launched a points system to reward and value its users' commitment to its ecosystem. This program allows to measure users' participation in bridge and reward them accordingly with a possible airdrop.
The deBridge team has already organized several airdrops to reward its users. To be eligible for the most recent airdrop, users had to make at least 5 transfers to the Solana blockchain using the bridge.
To maximize your chances of receiving the deBridge airdrop, it is crucial to actively engage in the ecosystem now.
To learn more about deBridge airdrop and its points system, head here.
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There are several ways to accumulate points on the deBridge platform.
- Perform an asset transfer (bridge) : Earn points by paying fees to transfer tokens between different blockchains via deBridge’s native bridge. You receive 100 points per dollar of fees paid exclusively for transactions between different blockchains;
- Sponsorship : Invite your friends to join deBridge using your unique link. You will earn 25% of the points earned by each of your referrals;
- Point Multipliers : The more active you are on deBridge, the more you will be rewarded. The program uses multipliers to increase the number of points earned based on your seniority on the platform. The most loyal users and those who participated in the early phases of the network will benefit from the highest multipliers.
As Solflare is an official partner of the deBridge protocol, users of the wallet earn 1.1x more points than users of other crypto wallets.
2. Perform a token bridge
To bridge, go to the deBridge protocol at this address. Connect your cryptocurrency wallet and go to the “Bridge” tab on the page.
deBridge Finance Interface
Once present on the bridge interface, perform the following tasks:
- Select the “Market” option to directly place a market order or the “Limit” option (the transfer will be carried out once a certain price is reached);
- Fill in the blockchain from which you wish to transfer your funds, as well as where the funds will be sent;
- Indicate the cryptocurrency to transfer, as well as the one you want to receive on the destination network (for a bridge from one blockchain to another, you must select the same blockchain);
- Enter the amount to transfer;
- Click “Confirm Trade” to finalize your transfer. A confirmation from your wallet will also be necessary to validate the bridge.
For your information, points from farming are usually credited quickly, but it can sometimes take a few hours before they are updated in the system.
3. Earn Bridge points by referring your friends
As explained at the beginning of the article, It is possible to accumulate Bridge points by inviting your friends to invest in the ecosystem and use the protocol bridge.
To get your unique referral link, follow these instructions.
- Log in to your deBridge account;
- Click on the tab “Sponsorship” in the main interface;
- Select the desired network for your link and click ” Generate “ ;
- Confirm the generation of the link from your wallet (gas fees should apply);
- Copy your referral link.
You can now share your referral link on social media, to your friends or community.
Every time a user clicks on your link and creates a Bridge account in the processyou will earn 25% of the points that he will accumulate during his airdrop farming. Like many referral systems, the more users you refer, the more points you earn.
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If you wish, you can support Cryptoast for free by registering on deBridge with this link.
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Accumulating points on the Bridge protocol takes time. To maximize your chances of being among the top of the leaderboard, We recommend that you follow the steps described in this guide regularly, several times a week.
Additionally, it is very likely that new ways to earn points will be introduced in the coming weeks or months. Stay tuned for official announcements from deBridge so you don't miss anything!
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Having fallen into the crypto pot in 2018, I am passionate about this ecosystem and its evolution. Journalist at Cryptoast, I democratize and share my vision of Web3 with you.
