Welcome to cryptomarketblog, number one blog for crypto education. Here we explain the topics of cryptocurrency using examples so that anyone can easily understand them. In this article we are going to show you how to get eligible for Metamask Airdrop.
What is MetaMask?
MetaMask is a popular self-custodial cryptocurrency wallet that provides a secure and user-friendly way to connect with blockchain applications and the web3 ecosystem. With a strong reputation and a vast user base, MetaMask is a trusted choice for people around the world.
MetaMask’s parent company has achieved a valuation of more than $7 billion, following a successful Series D funding round that raised over $430 million. Additionally, MetaMask is reportedly exploring the creation of a DAO and a new token as it approaches 30 million users, which could potentially result in an airdrop of tokens to early community members. This is a article on how to qualify for possible Retroactive Airdrop for Metamask.
Prerequisites
To ensure you don’t miss out on potential opportunities with MetaMask, follow these steps:
- Install the MetaMask wallet on your desktop browser or mobile device.
- Keep your seed phrase in a safe place to prevent any loss of funds.
- Add some $ETH to your wallet by purchasing it from a reputable exchange such as Binance, ByBit, KuCoin, or others.
- Visit http://chainlist.org, connect your wallet, and add the most widely used chains to your MetaMask app or extension. By doing so, you’ll be ready to participate in a wide range of decentralized applications and potentially benefit from future developments within the MetaMask ecosystem.
If your MetaMask wallet is ready lets start MetaMask airdrop activities
Activity 1: Metamask swaps
MetaMask Swap allows you to swap tokens directly in-app like dex, To utilize MetaMask as a decentralized exchange (DEX), follow these guidelines to initiate an in-app swap. The Metamask swaps are right now active on these networks: ETH, BSC, and Matic. I recommend you to use Ethereum network to increase airdrop chances.
- Open the MetaMask wallet, click the “Swap” option.
- Choose the coins you wish to exchange and enter the amount you want to swap & Click on Review swap.
- Click “Swap” to finalize the transaction.
- I recommended to have a good volume of $1k to $10k, Do multiple swaps.
- By utilizing the MetaMask DEX, you can efficiently swap between cryptocurrencies with low fees and without the need for a centralized exchange.
Activity 2: Using the MetaMask Bridge
MetaMask has released a new Dapp for portfolio management, which includes a built-in bridge feature. To use this feature
- visit https://portfolio.metamask.io/bridge
- connect your wallet, select the from & to network then choose the tokens you want to bridge & enter amount. Then it will display best bridge to bridge tokens, click on “submit transaction” and complete the transaction.
- Do transactions regularly to increase airdrop chances.
- The Metamask bridge are right now active on these networks: ETH, BSC, Avalanche and Matic.
It's important to note that bridging your assets using MetaMask's built-in bridge feature may take some time to complete. It's worth keeping in mind that gas prices can fluctuate, and there are no guarantees as to how long the bridging process will take or whether it will be successful. Please note that this is not financial advice, and all information provided is speculative.Activity 3: Stak Ethereum on your MetaMask wallet
In January, ConsenSys announced the launch of Liquid Staking on MetaMask wallet. This feature enables $ETH holders to stake their tokens and earn passive income.
How to stake on MetaMask wallet?
- visit https://portfolio.metamask.io/stake & connect your wallet.
- Here you can see list of Staking providers available select the staking provider, I am staking on “Lido Staked ETH” pool.
- Tap on “Stake”, enter amount of eth you wish to stake, then you will as well see the yearly and monthly reward plans for it. This help you adjust your staking choice. Then click on “review” and confirm the MetaMask transaction.
Taking advantage of these features could potentially position you well for a future MetaMask airdrop, but it's important to remember that this is all based on speculation and there are no guarantees.What else can you do to earn Metamask Airdrop?
- Consider signing up for Infura.
- Gitcoin is owned by Consensys, it’s likely that users who donate through Gitcoin will receive a MetaMask airdrop.
- Using Gnosis Safe, which has significant investment from ConsenSys, may increase the chances of receiving an airdrop.
- To stay up to date, consider taking small steps such as staying informed about the various DApps and protocols that ConsenSys is launching.
