Website: Visit Website
Platform:Ethereum
- White Paper: Link
- Platform: Ethereum
- Total Supply: n/a
MetaStreet Airdrop introduces a protocol focused on generating yields by transforming high-yield sources into tradable assets.
Enabled by MetaStreet’s version 2, the Automatic Tranche Maker (“ATM”), this protocol is a permissionless lending system designed to automatically adjust capital within a pool to cater to the risk and return preferences of depositors.
The project has successfully raised $25M from diverse investors and has initiated the ASCEND campaign. Participants who register and deposit wstETH are rewarded with XPs.
Providing liquidity to the Wrapped Cryptopunks/wstETH pool also yields additional XPs, as does each successful referral. Although MetaStreet has not issued its own token yet, accumulating XPs could lead to an airdrop for users in the event of a future token launch.
How to Claim Metastreet Airdrop Guide:
- Head over to the MetaStreet Ascend campaign site.
- Sync your cryptocurrency wallet.
- Become a follower of MetaStreet on Twitter and enter their Discord group.
- You’ll need to obtain some ETH, which is purchasable on Binance.
- Next, convert your ETH into wstETH, Lido’s wrapped version of stETH. Achieve this by staking ETH on Lido and applying the “Wrap” function to transform stETH into wstETH.
- As an alternative, you can exchange ETH for wstETH on Uniswap.
- Proceed to MetaStreet and make a wstETH deposit.
- You’ll be awarded XPs for your deposit.
- Receive an allocation of 1,000 XPs for each wstETH deposited.
- Increase your XP earnings by adding liquidity to the Wrapped Cryptopunks/wstETH pool.
- Earn extra XPs for every referral you make.
- While MetaStreet hasn’t launched its own token yet, the anticipation of a future token introduction suggests that XP collectors might be rewarded with an airdrop.