How to get Avantis airdrop:
Guide to participating in the AVANTIS project’s Airdrop (First Perp Dex on @base)
Season 1 of Avantis XP is now live! Earn $USDC rewards.
This marks the first step in our decentralization journey, and a significant step towards achieving our vision of becoming the largest hub for composable derivatives on @base.
@avantisfinance has raised $4 million from major funds such as @galaxyhq and @base, led by @PanteraCapital in this round.
About Avantis
Avantis is a an onchain leveraged trading and market-making platform. Trade cryptocurrency, forex and commodities with up to 100x leverage, or power trades on the platform as a liquidity provider. Avantis gives advanced risk management tools to traders and liquidity providers for the use and provision of trading leverage. Avantis is built on Coinbase’s Base blockchain, and is backed by industry leading investors such as Pantera, Founders Fund, Galaxy Digital and Coinbase Ventures.
Step-by-step guide on how to get Avantis Airdrop
Avantis have launched their first season of earning points (XP).
XPs are awarded for actions on the Avantis platform to recognize and reward long-term behavior and regular use of the protocol.
There are two types of XP:
– Trading XP: Earned for all trading and referral activity on Avantis.
– Liquidity XP: Earned based on duration of USDC deposits, and lock duration.
Here is how to join:
You will need some ETH on Base to pay for gas fees and USDC to make trades. You can get it on Binance.
You can also use Rhino.fi or Owlto to bridge ETH and USDC from another network to Base.
- Go to the official Avantis website and connect your wallet.
- Use Avantis exchange’s bridge and swap for activation (swap ETH for USDC for easier trading).
- Trade (generate volume) You can choose Forex or commodities to trade and earn volume.
- EARN Stake USDC in the pool to receive APY (Currently, there are 2 pools, any pool is okay. You can choose to lock or not lock according to your preference, I prefer to stake and lock USDC for 30 days).
- Referral (You receive 5% of the referral transaction fee).
Note: In order to produce volume, you must pay a little charge and have some USDC as capital. The site only offers trading pairs in USDC.
Stay tuned, and don’t forget to check out our big list of the hottest crypto airdrops.