AetherEVM ($AETHER) Token Airdrop Information
AetherEVM ($AETHER) has confirmed that it will be holding an airdrop for Cosmos ($ATOM) stakers, and no snapshot has been taken yet. The team confirmed that they will be airdropping 34.16 million tokens to Cosmos $ATOM stakers! AetherEVM($AETHER) token airdrop guide is as follows.
Check out our AetherEVM($AETHER) token airdrop guide!
What is AetherEVM ($AETHER)?
Aetherevm is a project that aims to create an EVM-compatible consumer chain with full vertical integration and core DeFi primitives on the Cosmos network. The main features of AetherEVM ($AETHER) are:
- EVM-compatible consumer chain: Ethereum Virtual Machine (EVM) A blockchain that can run smart contracts and interact with other blockchains through the Inter-Blockchain Communication (IBC) protocol.
- Full vertical integration: The design allows AetherEVM to have its own native token (AETHER), consensus mechanism (Tendermint BFT), and governance system without relying on external platforms or services.
- Core DeFi primitives: A set of decentralized finance (DeFi) applications and features that allow users to lend, borrow, exchange, stake, and earn AETH and other tokens on AetherEVM.
Will AetherEVM ($AETHER) have a token airdrop?
AetherEVM has confirmed that it will soon conduct a token airdrop. 40% of AetherEVM tokens are reserved for airdrop to Cosmos $ATOM token holders. Since no snapshots have been taken yet, now is a good time to start locating your airdrop. Please note that you can only qualify for the airdrop by staking to decentralized exchange (CEX) validators. Therefore, do not invest your stake in CEX validators like Binance or Coinbase.
How do I receive the AetherEVM ($AETHER) token airdrop?
necessary time: 4 minutes
Here’s how to receive the AetherEVM ($AETHER) token airdrop.
- Buy or transfer Cosmos $ATOM
To stake with a validator, you need to purchase or transfer Cosmos $ATOM tokens to your Keplr wallet. You can purchase Cosmos $ATOM tokens on major exchanges such as Bybit.
Join Bybit here!
- Go to Keplr dashboard
Go to your Keplr wallet dashboard. Click “Chains” in the sidebar and go to “Cosmos Hub.”
- Find a Community Validator
Browse the list and find a community validator you would like to stake with. All non-CEX validators are eligible for airdrops. Examples of non-CEX validators, i.e. community validators, include Cosmostation, Stakecito, and some validators with “node” at the end of their names.
- $ATOM Staking
Click on the validator of your choice, enter the amount of $ATOM tokens you wish to stake and click “Stake”. If possible, we recommend staking more than 1 $ATOM token to avoid being mistaken for a Sybil farmer. This is because some projects actively seek out and disqualify Sybil farmers from airdrops. We typically stake 10 $ATOM for validators on Cosmos Hub.
AetherEVM ($AETHER) Airdrop Review
There are several factors to consider when reviewing airdrops. First, there is a possibility that the project will conduct an airdrop in the first place. We will then look at how many tokens the project will allocate to the airdrop campaign and the difficulty of participating in the airdrop. It is also important to look at the utility of the token to ensure there is a real use and purpose for participating in the airdrop in the first place. Lastly, a factor to consider when reviewing an airdrop is whether a lock-up period applies to the airdropped tokens.
Airdrop possibilities: AetherEVM($AETHER) airdrop has begun!
Airdropped token allocation: AetherEVM has confirmed that it will be airdropping 70% of its token supply, of which 40% (i.e. 34.16 million) will be reserved for $ATOM stakers.
Airdrop Difficulty: The AetherEVM airdrop simply requires participants to stake Cosmos $ATOM to validators rather than CEX. This is a very simple task, but requires the use of real money.
Token Utility: AetherEVM($AETHER) token utility is unknown.
Token Lockup: AetherEVM($AETHER) token lock is unknown.
