A step-by-step guide to ambush the airdrop: Monad and Polymer Labs

Original | Odaily Planet Daily

Author | Asher

Monad: A high-performance L1 compatible with Ethereum

Reasons to participate

Image source: Official Twitter

Monad was developed by the Pyth and Solana teams over a period of more than two years and is a high-performance L1 public chain compatible with Ethereum. According to the official documentation, Monad defines itself as a high-performance L1 compatible with EVM using the PoS mechanism, aiming to create a new paradigm of public chain possibilities through pipeline execution of Ethereum transactions.

On the evening of April 9, 2024, Monad Labs announced the completion of a $225 million financing led by Paradigm, with participation from Electric Capital and Greenoaks. As the most anticipated project in the Layer 1 track, Monad, which focuses on the concept of Parallel EVM, hopes to introduce a parallel processing execution layer expansion solution to greatly improve network execution efficiency while being 100% compatible with all EVM byte symbols.

Monad Labs announces $225 million in funding

Interactive Tutorial

Direction 1: Interactive Monad Ecosystem High-Quality Projects

Currently, Monad has not opened its testnet, but some projects in its ecosystem have already opened their testnets. Among them, Elixir deserves special attention and participation because it has raised over 17 million US dollars in financing.

Image source: Elixir official Twitter

STEP 1. Go to the official website ( click here to jump ), connect your wallet, follow the official Twitter, and join Discord to complete your personal information

STEP 2. Click MINT ELXETH to deposit the mainnets ETH into it

Note: Deposit at least $100 USD worth of ETH; cannot be withdrawn before mainnet launch in August.

Direction 2: Enter the official Discord and strive to obtain some early status. You can also enter the official Telegram to get the latest developments.

Official Discord: https://discord.com/invite/monad

Currently, you can get the newbies status by clicking Join Server. There are several other statuses worth striving for:

• Nads: Provide value to the Monad community;

• OG: Obtained by being active in the channel and providing effective suggestions;

• Monartist: Suitable for creators to obtain through making memes, etc.

Official Telegram: https://t.me/monad_xyz

Unofficial Chinese Telegram: https://t.me/Chinads

summary

Monad is one of the projects with the largest financing this year, on the same level as Wormhole, Layer 0, and zkSync. Monad is still in its early stages and has no open testnet, so it is worth joining Discord to get an early role. Also pay attention to the dynamics of its ecological projects, such as Elixir, which is worth considering because of its good financing background.

Polymer Labs: A modular network protocol built on IBC

Reasons to participate

Image source: Official Twitter

Polymer Labs is a Rollup that combines the Cosmos SDK and the OP stack, using EigenDA for data availability services and Ethereum for settlement. This multi-technology integrated solution provides its users with diverse application scenarios and strong network support.

At present, Movement has completed secondary financing with an amount of over 26 million US dollars, which are:

On March 3, 2022, Polymer Labs announced the completion of a $3.6 million seed round of financing, led by Distributed Global and North Island Ventures, with Digital Currency Group (DCG) participating.

On January 23, 2024, Polymer Labs announced the completion of a US$23 million Series A financing round, led by Blockchain Capital, Maven 11 and Distributed Global, with participation from Coinbase Ventures, Placeholder, Digital Money Group, North Island Ventures and Figment Capital.

Polymer Labs announces $23 million Series A financing

Interactive Tutorial

According to relevant information, a certain share of token airdrops will be given to testnet participants in the future. Therefore, it is worth participating in the interaction at 0 cost.

STEP 1. Add a test network to ChainList ( click here to jump to the link )

STEP 2. Receive test tokens ( click here to jump to the link ): Connect your wallet and select the Optimism Sepolia test network to receive 0.05 ETH

STEP 3. Go to the official website, connect your wallet and Discord account (you need to enter the official Discord to pass the authentication, click here for the link ), then click Faucet Points by gaming below

Due to the popularity of the project, the test network has failed, so the activity is currently on hold. But first, let me explain what we will do next, so that we can complete the second phase of the test network as soon as it is open again.

1. Click Faucet Points by gaming and there will be a turntable. Click SPIN to get Polymer Points. The turntable can be turned once every 5 minutes. Repeat this operation to get more Polymer Points.

2. Get enough Polymer Points and start claiming NFTs ( click here for the link ). Each NFT has a corresponding point requirement, which is 10, 50, 150, and 500 PolyP2 points. (You can also spend 30 points each time to click the Claim Random NFT above to get a random NFT)

3. Get more points: If you get all 4 NFTs, you can get 2,000 points. You can only have 4 NFTs at the same time, so you can get a 20% point return by burning the extra NFTs ( click here for the leaderboard link ).

summary

According to official information, due to the communitys enthusiasm for participating in the second phase of activities, the test network has failed and the network has been shut down for repair. Therefore, it is recommended to collect Optimism Sepolia test tokens for free every day in preparation for future activities, and to pay attention to the notification of the second phase opening again in the official Discord.

This article is sourced from the internet: A step-by-step guide to ambush the airdrop: Monad and Polymer Labs

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