How to get Parallel Network airdrop:
Join the first phase of Early Access to win airdrops and more surprise rewards.
Points and Airdrop
Users who partake in the Parallel L2 Early Access are eligible for Initial Points. The quantity of these points is directly correlated with your financial engagement on the Parallel L2, reflecting our appreciation for your early support and involvement.
Every user actively interacting with Parallel L2 is entitled to earn Daily Points. This system is designed to continually recognize and reward your engagement with the platform, fostering a vibrant and interactive community.
Inviting friends to join Parallel L2 is an important way to help you earn more points. Earn 20% of invitee’s points and 10% of their invitee’s points.
How to Earn Parallel Points
You can earn Parallel Points by engaging in activities on the Parallel Testnet, such as lending and borrowing. Based on information from the project, these Parallel Points will be exchangeable for future tokens at a predetermined ratio, although there is no confirmed airdrop period at time of writing.
About Parallel Network
Parallel Network is a layer 2 solution for Ethereum that uses Arbitrum’s Nitro technology for faster and cheaper transactions. It’s compatible with Ethereum Virtual Machine (EVM), allowing you to deploy contracts, use existing Web3 apps, and connect your wallets – just like on Ethereum mainnet.
Parallel Network has secured $63 million in funding from major investors and plans to launch its PARA token with an airdrop for testnet users. By participating in testnet activities, you can earn points that will convert to PARA tokens after launch.
Step-by-step guide on how to get Parallel Network Airdrop
To participate in the Parallel Network testnet and be eligible for the PARA token airdrop, follow these steps:
- Navigate to the Parallel Network testnet application.
- Select the “Parallel Testnet” option and connect your compatible crypto wallet.
- Authorize the connection request by signing the message displayed on your wallet.
- Access the “Apps” menu located in the top right corner. From there, locate and select the “Airdrop” section. Enter the access code “EEB3D” and complete the designated social media tasks (e.g., Twitter) to register for the airdrop program.
- Obtain Sepolia testnet ETH. Utilize a faucet service to acquire the necessary testnet funds.
- Use the Testnet Superbridge to transfer ETH Sepolia to Parallel Testnet.
- Return to the Parallel testnet application and create a dedicated Parallel account.
- Access the “Wallet” section within the “Apps” menu and claim your allocated testnet tokens.
- Engage with the Lending application by supplying testnet NFTs and tokens. This functionality allows you to explore borrowing assets within the testnet environment.
- By interacting with the Parallel testnet, you will accumulate airdrop points. Consider connecting to additional supported test networks (e.g., Goerli) to maximize your point collection.
- To further enhance your point accumulation, invite your contacts to participate in the Parallel testnet.
- The PARA token airdrop will be distributed to testnet participants based on their accumulated points.
- For comprehensive details regarding the testnet airdrop, kindly refer to the following tweet.
There are many more to come. Stay Tuned and don’t forget to check our big list of hottest crypto airdrops.
