16 Jan 2025

Potential Shardeum Airdrop: How to Be Eligible?

Potential Shardeum Airdrop: How to Be Eligible?

Shardeum is an L1 EVM-compatible network that enables smart contract deployment with linear scaling. It achieves true decentralization through dynamic state sharding, allowing for increased network throughput and reduced transaction fees.

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To learn more about blockchain sharding, visit our website for a detailed article.

Investment and potential airdrop

Shardeum has successfully secured $18.2 million in investments from venture capital funds such as The Spartan Group, Jane Street Capital, Big Brain Holdings, and Foresight Ventures. As a Layer 1 blockchain project, Shardeum will introduce its native token, SHM, for transaction fee payments once the mainnet goes live.

The project's website mentions that 5% of the total token supply (which is fixed) will be allocated to the ecosystem/airdrop. This raises the possibility that participants in the testnet may qualify for a potential airdrop. While it's not guaranteed with absolute certainty, it's worth noting that this activity requires no financial commitment — only your time.

Testnet guide

To get started, join the Shardeum Discord community. Agree to the community rules and click on the Shardeum logo in the “start-here” thread. You may need to wait approximately 10 minutes after joining before being able to click on this emoji (a timer will be displayed). 

Shardeum’s Discord Source: Discord Shardeum

Shardeum’s Discord Source: Discord Shardeum

In the meantime, you can add the Shardeum Liberty 2.X test network to your Metamask wallet. Visit the ChainList website using this link, connect your wallet, and click the “Add to Metamask” button. 

Adding Shardeum Liberty 2.X to MetaMask. Source: chainlist.org

Adding Shardeum Liberty 2.X to MetaMask. Source: chainlist.org

If you have already verified yourself on Discord (by clicking the Shardeum emoji), you can receive test tokens. Simply head to the “liberty-faucet-2.1” channel, enter the command “/faucet,” and provide your Metamask wallet address. Usually, the test tokens are distributed quickly.

Claiming test tokens through Discord Shardeum Source: Discord Shardeum

Claiming test tokens through Discord Shardeum Source: Discord Shardeum

To continue with the testing process, visit the Swapped website, connect your wallet, and perform a few token swaps. Keep in mind that since this is a test network, not all transactions may be successful. 

Swapping tokens on Swapped Source: swapped.finance

Swapping tokens on Swapped Source: swapped.finance

Once you've familiarized yourself with token swapping, you can proceed to add tokens to the liquidity pool. Access the “Pool” section, click on “Add,” choose the desired token pair, specify the amount, grant the necessary permissions, and confirm the addition to the pool.

Adding liquidity on Swapped Source: swapped.finance

Adding liquidity on Swapped Source: swapped.finance

For further exploration, try purchasing a domain name on the Shardeum test network. Visit the DotShm website, connect your Metamask wallet, select the Liberty 2.1 network, and search for an available domain name. If one is found, you can acquire it using the provided test tokens.

Buying a domain name on Shardeum Source: dotshm.me

Buying a domain name on Shardeum Source: dotshm.me

Finally, you can showcase your creativity by creating an NFT on the Spryio website. Connect your wallet, click on the “Create” button in the top right corner, upload an image, provide a title and description for the NFT, and confirm the creation. 

Creating an NFT on Shardeum Source: spriyo.xyz

Creating an NFT on Shardeum Source: spriyo.xyz

Congratulations! You have completed the testing phase on the Shardeum Liberty 2.X network.

The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.

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