Get Access to Helpful Information on the Highly Awaited Cryptocurrency Airdrops That Will Take Place in July

Learn more about Rho Markets, TachySwap, Echelon Market, Kayen Protocol, and Zeta when you read this article.

In July, the world of cryptocurrency is poised for growth as TachySwap, Kayen Protocol, Echelon Market, Rho Markets, and Zeta prepare to launch exciting crypto airdrops. These innovative crypto protocol initiatives enhance visibility and trading activity by distributing complimentary tokens to their expanding communities.

In this article, we delve into the details of each airdrop, highlighting the protocols' unique offerings and the steps to participate.

As always, conducting thorough research and exercising caution is crucial before making any crypto-related decisions. Now, let's explore the highly anticipated crypto airdrops scheduled for July.

TachySwap

As a decentralized currency exchange (DEX) operating on the Etherlink blockchain, TachySwap is a cutting-edge platform. To ensure the highest possible level of customer happiness, our platform provides token swaps that are efficient, quick, and low-cost. In addition to being an automated market maker focused on the community, it now has an aggregate price locked of 2.96 million ether.

When they engage with the platform, individuals have the chance to contribute liquidity to TachySwap’s pools and gain transaction fees. This helps to promote an equitable profit-sharing framework. The incorporation of Etherlink’s MEV protection results in a major improvement in deal security and integrity, hence producing a more dependable and secure exchange environment.

Those who want to participate in the airdrop will be required to carry out a particular action, such as offering liquidity or engaging in trades on the platform. Further information will be made available on TachySwap's official channels.

Rho Markets

Overcollateralized lending is the focus of Rho Markets’ flagship Scroll-based lending protocol, which the company recently announced. ETH, BTC, and LRT assets are only some of the prominent assets that can be borrowed using this platform, which is endorsed by the Scroll team since it offers borrowing services. Furthermore, it gives users the ability to stake RATE tokens in order to guarantee they would receive higher returns.

To be eligible for the airdrop, users must contribute to the protocol's lending pools or participate in governance activities. Those who participate early and maintain a high level of engagement will be rewarded with a larger allocation of airdropped tokens. Further details will be公布ed on Rho Markets' official channels.

Echelon

With its groundbreaking Echelon Market, the Aptos blockchain is changing the face of DeFi. One way this cutting-edge platform helps drive up rates is by acting as a worldwide lending market, which increases liquidity. Echelon uses Pyth Network, built with the help of Aptos and Thala Labs, to enhance its operations.

This airdrop is scheduled to take place in Q3 2024, following the mainnet launch and TGE in Q2 2024. Those who participate in the protocol's testnets, contribute to governance, or offer liquidity to lending pools will be eligible for the airdrop. Further information will be公布ed on Echelon's official channels.

Kayen Protocol

An innovative breakthrough is currently in progress at Sports Blockchain with the unveiling of KAYEN. The DeFi Ecosystem, powered by Chiliz, seeks to transform the world of Sports Blockchain. KAYEN guarantees the improvement of the usefulness and accessibility of Fan Tokens, establishing a fresh standard in the field.

At the heart of KAYEN lies its function as a decentralized exchange (DEX).

KayenSwap is a platform native to Chiliz that prioritizes the community’s needs. This is more than just another platform for exchanging fan tokens. Instead, it promotes a collaborative environment where every transaction and engagement contributes to the development of a livelier ecosystem.

Those who want to participate in the airdrop will be required to carry out a particular action, such as offering liquidity or engaging in trades on the platform. Further information will be公布ed on Kayen Protocol's official channels.

Zeta

Through the implementation of innovative technologies for options trading, Zeta is bringing about a revolution in the decentralized finance (DeFi) field. This particular platform is one of a kind due to the fact that it provides the ability to trade derivatives without requiring a significant amount of collateral. It caters to individual traders as well as clients from big trading firms. One of the most important benefits is that it gives consumers the ability to safeguard themselves against the unpredictability of cryptocurrency markets and specific incidents.

At the moment, Zeta distributes eight percent of its total ZEX token supply as a substantial prize for its pioneers on the platform. By the 7th of June, those who have acquired a minimum of 500 Z-Score points are eligible to receive this airdrop.

Furthermore, 30% of the ZEX tokens are set aside for continuous trading incentives to encourage members to stay involved for longer. The frequency of distribution is determined by the participants' cumulative Z-score, and it occurs on a monthly basis. This strategy ensures that traders who are actively participating will continue to benefit from future dividends and reap the profits of