DOT is $DED token airdrop information.
DOT, also known as $DED, is the memecoin of Polkadot ($DOT) and is very popular in the Polkadot community. The team has confirmed that 100% of the token supply will be airdropped and no snapshot has been taken yet! Below is the DOT is $DED token airdrop guide.
Learn more about Polkadot!
Check out our step-by-step guide!
Is DOT $DED?
DOT is $DED and is a memecoin in the Polkadot ecosystem. According to the team, the goal of the project is to foster the growth of the Polkadot ecosystem by onboarding new users, bringing new liquidity, and attracting new interest in the cryptocurrency community.
DOT is $DED and was created by the Polkadot native team and the $DOT token holder team.
The way to get DOT is through the $DED token airdrop.
Here’s how to get DOT from the $DED token airdrop:
- Get your Polkadot wallet
To receive the airdrop, you will need a Polkadot wallet such as SubWallet, Talisman, Enkrypt, or Polkadot.js. We use SubWallet, a Chrome extension that you can download here.
SubWallet is also a good choice as it can be used to stake Manta tokens for ecosystem airdrops. Check out our Manta token staking guide here.
- Fund your wallet with Polkadot ($DOT) tokens
DOT is $DED and will airdrop $DED tokens to all Polkadot $DOT token holders, including $DOT held on a central exchange. However, the team cautioned that this does not mean centralized exchanges will offer $DED to users.
Therefore, you will need to move your Polkadot to a SubWallet to receive the airdrop or purchase Polkadot ($DOT) tokens from a centralized exchange such as Bybit, Binance or KuCoin exchanges.
Register your Bybit account here!
- Bonus: Staking $DOT on Polkadot
When you stake $DOT tokens on Polkadot, you nominate a validator. However, Polkadot has requirements to become a nominator. To become a recommender on Polkadot, you will need 250 $DOT to run your referral pool and maintain 100% uptime.
- Join the candidate pool
Or, you can join the candidate pool with just 1 $DOT! To join a candidate pool, connect your wallet to https://staking.polkadot.network/?utm_source=polkadot.network#/pools and go to “All Pools” to select the candidate pool you want to stake Polkadot in. However, $DOT tokens can only be bonded to one pool at a time, and it takes 28 days to unbond a token from a pool.
To determine which Polkadot pool to stake my $DOT in, I looked at https://polkadot.subscan.io/nomination_pool. Let’s look specifically at the “Reward Pool” and “Members” columns. We will look for pools with higher reward pools but fewer members. However, do not use pools with a status of “Destroyed” or “Destroyed.”
- Mint Deadmine NFT Badge
To create a Deadmine NFT badge, go to https://ded.games/play/dedmine and play the Deadmine game.
