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This guide is for informational purposes only. The token(s) discussed as potential rewards may not have launched yet or may never launch.
This guide is for informational purposes only. The token(s) discussed as potential rewards may not have launched yet or may never launch. Users should conduct their own research and exercise caution before investing or signing any transactions. CoinMarketCap is not responsible for any losses or damages that may result from using this information. Never invest more than you can afford to lose.
LayerEdge is a decentralized network that aims to improve Bitcoin blockspace by incorporating cutting-edge technologies like Zero-Knowledge (ZK) proofs and BitVM. This guide provides a comprehensive overview of the LayerEdge airdrop, discussing how participants can get involved, earn rewards, and understand the program's framework.
Through this initiative, users can not only accumulate valuable EDGE points but also play a role in the continued growth of Bitcoin’s layer 2 ecosystem.
Overview of LayerEdge
LayerEdge is designed to efficiently secure transactions across different blockchain layers using advanced ZK proofs and aggregation techniques. These proofs, which serve as certificates of completed computations, are trustlessly verifiable, forming the foundation of LayerEdge's operations.
To aggregate and verify these proofs, LayerEdge introduces BitVM, a trust-minimized modular Bitcoin rollup framework. This framework enables efficient rollups and blockchain settlements on Bitcoin, leading to a significant reduction in blockspace usage and the associated costs.
Objectives of LayerEdge
LayerEdge aims to achieve several key objectives with its network:
LayerEdge Airdrop Details
LayerEdge has launched an incentivized testnet program where participants can earn EDGE points by operating light nodes and verifying proofs. The program is divided into two phases, each designed to engage users and reward them for their contributions to the ecosystem.
Key Dates
During these phases, participants can earn EDGE points by running light nodes and verifying proofs. As they operate their nodes, users will accrue points seamlessly, earning 1 point for every second of active operation.
Additionally, participants can further boost their point totals through daily check-ins and by completing various tasks within the LayerEdge ecosystem.
Token Generation Event (TGE)
The exact timing of the TGE for EDGE tokens is still to be determined by the LayerEdge team.
Tokenomics
The total supply of EDGE tokens is set at 1 billion.
These points may later convert into tokens, providing potential value to participants who engage in the network’s activities.
How to Participate in the LayerEdge Airdrop
Step-by-Step Participation Guide
To participate in the LayerEdge airdrop, follow these steps:
Step 1: Access the LayerEdge Dashboard
Begin by visiting the official LayerEdge website and locate the "Join Airdrop Now" button on the homepage. Click on this button to proceed to the airdrop registration page.
Step 2: Connect Your Wallet
An EVM-compatible wallet such as MetaMask or Rabby is required for participation. Ensure that you connect your wallet to the LayerEdge dashboard to enable your participation in the airdrop program.
Step 3: Obtain an Invite Code
To join the airdrop, you will need an invite code. You can find these codes by searching for terms like "LayerEdge invite" on social media platforms such as X (formerly Twitter). Alternatively, request an invite code from friends or community members already participating in the project.
Step 4: Enter the Invite Code
Once you have an invite code, enter it in the designated field on the LayerEdge airdrop registration page. This will allow you to continue the registration process and join the program.
Step 5: Start Your Light Node
After successful verification, click the “Start Node” button on the interface. This action will initiate your light node, enabling you to begin accumulating EDGE points.
Step 6: Keep Your Browser Tab Open
It’s crucial to keep the browser tab open throughout the operation of your light node. This ensures that you continue to earn points seamlessly as long as your node remains active.
Step 7: Invite Your Friends
You can also invite your friends to take part in the LayerEdge airdrop. By doing so, you will collect additional daily rewards based on their participation, further increasing your earning potential.
Step 8: Daily Check-ins
Make it a point to visit the “Claim Reward” tab on a daily basis to collect any additional point bonuses. Regular engagement will enhance your overall reward potential.
New Point-Earning Opportunities in Testnet Phase 2
During Testnet Phase 2, which is active until March 22, 2025, LayerEdge has introduced several new tasks that participants can engage in to earn additional points. These opportunities include:
OG Pass NFT Benefits
Participants who claimed the OG Pass NFT can enjoy several benefits:
How to Earn EDGE Points
Participants can earn EDGE points through various mechanisms:
Point Accumulation Structure
The rate at which participants earn points depends on the tasks they perform and the time spent on them. For instance, every second of operating a light node will accrue
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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