MetalSwap

<blockquote>Originally written on <a href="https://metalswap.me/XmtAD" rel="noopener noreferrer nofollow">MetalSwap’s Official Blog — MetalSwap Release: XMT Airdrop</a></blockquote>In recent months, MetalSwap has released two public testnets: one for the <a href="https://metalswap.me/MS_rp" rel="noopener noreferrer nofollow">Recall Pool feature</a>, which has now been officially launched on the Optimism blockchain and another for the <a href="https://metalswap.me/3PfV6OX" rel="noopener noreferrer nofollow">NFT staking feature</a>, that was also released a few days ago.Both testnets received a tremendous response from our community, with hundreds of addresses testing the smart contracts and uncovering potential improvements before the final release.The team would like to publicly thank everyone who contributed to the development of these features and announce that these addresses will receive an XMT token airdrop!<h2 id="header-0">XMT Airdrop for Testnet Users</h2><a href="https://metalswap.me/MPC" rel="noopener noreferrer nofollow">MetalSwap has recently launched its Points Campaign</a> aimed at rewarding those who helped develop certain features, such as the Recall Pool and NFT staking, by completing operations in the various testnet phases.Users who interacted in the different testnets were able to accumulate XMTXP, which are points representing each user&#39;s effort.Now it is time to reward everyone who contributed to the development of these features and an airdrop of XMT tokens will be completed for all addresses that performed operations in the various testnets and thus held XMTXP.<h2 id="header-1">Eligibility and Token Amount</h2>The greater the effort of a given address within the testnet for the Recall Pool and NFT staking, the greater the number of XMT that address will receive in this important airdrop.The formula used to distribute the XMT tokens was as follows:Each XMTXP earned by the user was converted into MetalSwap Points, with a ratio of 1 XMTXP : 0.2 MetalSwap Points.In the first testnet, namely the Recall Pool, a total of 2342 MetalSwap Points were distributed, while for the second testnet, related to NFT staking feature, 4944 points were distributed, for a total of 7286 Points!The team allocated 147,058 XMT for the airdrop, which is approximately equivalent to $2000. This amount was distributed based on the accumulated MetalSwap Points, where 1 MetalSwap Point corresponds to 20.18 XMT.The XMT tokens have already been directly distributed to eligible addresses on the Optimism blockchain.<h2 id="header-2">Enjoy your airdrop and gain extra rewards</h2>The XMT tokens received via airdrop will be completely unrestricted, and users will be free to use them as they wish.However, it is important to remember that a few days ago, the NFT staking feature was released on Optimism and this represents a significant earning opportunity for everyone who holds XMT and USDC tokens in this chain.As detailed in the <a href="https://metalswap.me/NFTsr" rel="noopener noreferrer nofollow">dedicated article</a>, this feature has been incentivized with 500 OP and 5000 XMT, thus potential earnings are very high for all those who stake their liquidity.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXc4a-IsFdUOuvEyUiHdX89xkdKkWTu_V7KvnetkIY-RNXFH8U3SlNxtZN-yf7N3UtJwopUCPvRDOaULyqUehMDi6sShmWglSseu3ADLIr0DE6WIz0QsG11-BuWvdAU0xtYWtUm-kmVY3csMMkaI6LJoiX28?key&#61;X_YlM_8gyB4i5W-UaZbFQQ" />We therefore suggest trying out this new feature, which not only allows very interesting extra earnings, but also helps the development of MetalSwap and the XMT token.-The DeFi Foundation<h2 id="header-3">✎ What is MetalSwap?</h2>MetalSwap is a decentralized platform that brings Hedging Contracts on financial markets with the aim of providing coverage to those who work with digital asset and an investment opportunity for those who contribute to increase the shared liquidity of the project. Allowing the protection for an increasing number of operators.With <a href="https://app.metalswap.finance/" rel="noopener noreferrer nofollow">MetalSwap</a> we enable Hedging Contracts on the DeFi field, AMM style.

METALSWAP RELEASE : XMT AIRDROP

Table of Contents

MetalSwap

دیگر آرٹیکلز 5 جولائی، 2024 پر پبلش کیے گئے ہیں

Crypto Airdrops You Can't Miss

Ripple’s XRP Eyes $0.9594 Target Amidst Bullish Momentum

Bybit Institutional Makes Dual Sponsorship for Swiss Summer Web3Fest and Crypto Valley Conference...

XRP Drops as Whale Sells 65M Coins: What’s Next?

Worldcoin’s Resilience Amidst Bitcoin and Ethereum Struggles

Telegram Initiates Gaming Accelerator with Helika

Join our free newsletter for daily crypto updates!