Pencils Protocol Token Airdrop Guide
Pencils Protocol is a comprehensive auction platform and yield aggregator powered by Scroll. Pencils Protocol has multiple mines where users can earn points by completing tasks, which can lead to huge rewards and potential token airdrops! Introducing the Pencils Protocol token airdrop guide.
Learn more about the Scroll Token Airdrop and how to get the most Scroll Points. here.
What is the Pencil Protocol?
Pencils Protocol is a next-generation decentralized platform powered by Scroll. Some of its key features include:
- Auction Services: Pencils Protocol provides auction services for blockchain-based assets and real-world assets (RWAs).
- Integrated and Leveraged Return Aggregation: Users can maximize the utilization of their assets through our return aggregation service.
- Scroll Native Gateway: Pencils Protocol uses Scroll’s zero-knowledge technology to act as a gateway for liquid staking and re-staking of assets.
- Community Points System: Pencils introduces a community points system called “Pencils” that provides active users with token allocations and benefits such as exclusive merchandise based on their contribution and participation in the Scroll ecosystem.
How to receive Pencils Protocol token airdrop
necessary time: 28th
Here is a guide on how to receive the Pencils Protocol token airdrop:
- Connect to the pencil protocol
Connect your wallet to the Pencils Protocol. Make sure you are on the Scroll network.
- Join the pencil farming
Go to the Pencils Farming page. Pencils Protocol Farmin supports the following crypto assets: ETH (including WETH, wstETH, wrsETH, pufETH, weETH), WBTC, Stablecoins (e.g. USDT, USDC), SolvBTC.b and Stone. Select your assets and click “Deposit”. You will receive various rewards including Pencils points and Scroll Marks. Farming is therefore a great way to position yourself for multiple airdrops, including Scroll. I recommend farming on STONE, as you will get Pencils points, Stone points, Eigenlayer points and Scroll Marks. That means you will be positioning yourself for 4 potential airdrops!
Learn more in our token airdrop guides: StakeStone ($STONE) Airdrop, Eigenlayer Airdrop, Scroll Airdrop.
- Apply for a Pencil S or Pencil P badge
You can earn the Pencil S badge by staking an amount equal to or greater than 0.5 ETH for 28 consecutive days. To earn the Pencil P badge, stake an amount equal to or greater than 0.1 ETH or stake for 28 consecutive days. Once you are eligible, to claim your Pencil S or Pencil P badge, connect your wallet to https://scroll.io/canvas and click on “Badges” and “Mint Eligible Badges.”
