Key Takeaways
- MetaMask appears to be transferring towards decentralization, which might counsel that an airdrop is on the horizon.
- Utilizing MetaMask in several methods and interacting with ConsenSys-linked tasks might assist improve your possibilities of qualifying for the airdrop.
- Swapping tokens on MetaMask and utilizing the pockets’s new bridge are two actions that would result in an airdrop sooner or later.
Share this text
Crypto Briefing seems on the numerous steps MetaMask customers can take to spice up their probabilities qualify for the pockets’s long-rumored token airdrop.
MetaMask Token Incoming?
MetaMask is the preferred Web3 pockets, and rumors of a possible token airdrop for lively customers have circulated within the crypto area for years. ConsenSys founder and CEO Joe Lubin has hinted on a number of events {that a} token is within the works, however the firm has not but shared full particulars. Apparently, ConsenSys not too long ago launched its MetaMask Grants DAO, an employee-led initiative to grant funding to builders exterior of ConsenSys engaged on increasing the MetaMask ecosystem. The transfer might be a touch that the corporate is trying to decentralize the challenge.
ConsenSys hit a $7 billion valuation with a $450 million Collection D elevate in March, which suggests it might doubtlessly airdrop a good-looking sum to customers. However for the reason that pockets is broadly utilized by crypto natives of all stripes, qualifying for the airdrop will not be straightforward. Listed here are some steps MetaMask customers can take to maximise their possibilities of receiving the pockets’s token as soon as it’s reside.
1. Swap Tokens on MetaMask
Should you don’t have a MetaMask pockets, you’ll want to begin by creating one. To get began, obtain the browser extension or cellular app, create a pockets, retailer your seed phrase in a secure place, and fund your pockets with some ETH.
Swapping tokens on MetaMask is simple. In the principle menu, simply click on on the blue Swap button subsequent to the Purchase and Ship icons. Commerce some ETH for any token of your selecting, however ensure that to maintain sufficient ETH in your pockets to pay transaction charges.
2. Use the MetaMask Bridge
MetaMask not too long ago launched a bridge to let customers transfer funds from one blockchain to a different. Join your pockets to the MetaMask bridge, choose Ethereum as your first community, select one other community to ship to (you possibly can select between Polygon, Avalanche, and BNB Chain), then bridge over both ETH, MATIC, DAI, USDC, or USDT tokens.
Once more, be sure to have already got your second community’s native token in your vacation spot pockets to pay for gasoline charges. In any other case, a easy answer is to bridge MATIC from Ethereum to Polygon since MATIC is Polygon’s native token.
3. Create a Gnosis Protected Pockets
ConsenSys and Gnosis Protected introduced a partnership in February to extend pockets security, so MetaMask might reward Gnosis customers.
To start out utilizing the product, go to Gnosis Safe, join your pockets, and observe the steps to create a multisig Protected pockets. You’ll want to pick out Ethereum because the community, identify your new pockets, present no less than two addresses because the “homeowners” of the pockets (you possibly can create a brand new MetaMask account and enter that tackle alongside the one you’re already utilizing), and pay a small transaction payment.
4. Donate by way of Gitcoin
ConsenSys has shut ties with Gitcoin, because it helped the Ethereum-based donation platform in its early days earlier than it struck out by itself in 2021. Donating to Gitcoin might subsequently improve the possibilities of qualifying for a MetaMask airdrop. To make a donation, you’ll must create a profile on GitHub, then go to the Gitcoin Grants web page, join your MetaMask, choose a Grant challenge that you just like, add it to your cart, go to take a look at, and select how a lot you need to donate (and by which foreign money). We advise donating a minimal of $10 as any qualification standards might have a minimal donation restrict to stop airdrop farming.
5. Signal Up for Infura
ConsenSys acquired Infura in October 2019. Infura is taken into account one of many world’s main blockchain infrastructure platforms and it additionally straight helps MetaMask. Infura is transferring towards decentralization and has launched an early entry program for group members to assist. You’ll be able to fill out a type on the corporate’s website to enroll, although Infura is particularly in search of folks with expertise in blockchain infrastructure. You can too go to ConsenSys’ Discord channel to find out about extra methods to become involved.
Ultimate Ideas
Airdrop searching is extra artwork than science, and includes a component of luck. Even in the event you observe all of those steps, it’s not assured that it is possible for you to to assert MetaMask tokens as soon as ConsenSys points them. Some airdrops like Bored Ape Yacht Membership’s APE token giveaway have been extraordinarily profitable. Others like Optimism’s OP token distribution have been controversial attributable to their strict qualification standards. Nonetheless, following the steps listed on this piece is definitely worth the effort and time on the possibility they repay.
Disclaimer: On the time of writing, the creator of this piece owned BTC, ETH, and several other different crypto belongings.