TEN Protocol ($TEN) Token Airdrop Information
The TEN Protocol is an Ethereum Layer 2 rollup protocol that increases scalability, adds encryption, and prevents maximum extractable value. The team recently launched an incentivized testnet and users may be eligible to receive $TEN airdrops expected when the mainnet alpha launches in Q2 2024. The following is a guide to the TEN Protocol ($TEN) token airdrop.
Check out our step-by-step guide!
What is the TEN Protocol ($TEN)?
The TEN Protocol is a decentralized Ethereum Layer 2 rollup protocol that aims to improve encryption, scalability, and prevent maximum extractable value (MEV). Key features include:
- Dispersion: TEN allows existing Ethereum DApps to be migrated at minimal cost while maintaining the benefits of the Ethereum ecosystem, including adoption, security, and liquidity.
- encryption: Enables encrypted transactions and confidential computing within smart contracts by leveraging Secure Enclaves for strong confidentiality.
- confidential rollup: Inspired by Optimistic and ZK rollups, this rollup uses confidential computing techniques and economic incentives to solve confidentiality, short revocation period, and MEV problems.
- user experience: Compatible with MetaMask and other Ethereum wallets, there is no change in application and user interaction, providing a seamless experience for both developers and end users.
TEN’s approach to blockchain encryption aims to improve the experience of retail users, enterprise users, and applications that require smart contract secrets.
Notable investors in TEN Protocol include KuCoin Labs, Magnus Capital, and DWF Labs.
What is the TEN Protocol ($TEN) token?
The $TEN token is the native token of the TEN protocol and is used for various purposes within the TEN ecosystem.
- Node Operation Incentives: Rewards node operators who maintain network and ledger integrity.
- staking medium: Node operators can stake 10 tokens to cover operating costs.
- Governance Participation: Allows token holders to vote on Ten change proposals.
- ecosystem development: Fund and incentivize ongoing development through opportunities, grants and competitions.
How to receive the TEN Protocol ($TEN) token airdrop
Here’s how to get your hands on a potential TEN Protocol ($TEN) token airdrop:
- Complete the Meet Ten-Stage 1 task in Galxe.
Go to the TEN Protocol’s Meet Ten- Stage 1 Galxe page. Check if there is at least one transaction on Polygon, BNB, Ethereum, Arbitrum, Avalanche. or Optimism about meeting initial requirements here.
- Earn 1 entry and apply for the beginner role
Complete the survey on the Meet Ten-Stage 1 page, including your name and social media account information. Then follow TEN Protocol on Twitter, join Discord, and participate in community discussions to earn the Fren Discord role. Take on the role of a beginner at Galxe
- Complete the Meet Ten-Stage 2 task.
Connect your wallet to the TEN Protocol Galxe page here And get the job done. You can request a testnet token every 120 minutes. For the guessing game, connect MetaMask to the Ten Testnet here. Then connect MetaMask to the guessing game page and guess the secret number between 1 and 1,000. Keep guessing until you run out of testnet ETH tokens. Complete other social tasks.
- Interacting with the TEN Protocol Testnet
Play the testnet and participate in social actions to advance to phase 2.
- Claim Squire Role
Go to https://galxe.com/ten/campaign/GCxojtwqni. Since you’ve already requested the Novice role for Galxe in step 2 above, you can simply check and request the Squire role.
