Avalon Labs
Project Overview
Guide
To potentially participate in the Avalon Labs airdrop or community rewards, follow these steps:
- Research the project thoroughly on their official website and social media handles to stay updated on announcements.
- Hold or interact with Bitcoin on platforms supporting Avalon Finance to show community engagement.
- Engage with Avalon Labs products such as borrowing against Bitcoin collateral, using their Bitcoin-backed stablecoin (USDa), or participating in their lending protocols.
- Participate in staking or yield farming with the AVL token if available to increase eligibility.
- Follow Avalon Labs on social media platforms and join their official community channels to receive news about airdrop eligibility and distribution criteria.
- Complete any official tasks or campaigns announced by Avalon Labs related to the airdrop, such as onboarding, or testnet participation if applicable.
- Maintain an active wallet linked to Avalon Finance to be considered for rewards.
- Monitor official updates for snapshots or cut-off dates for qualification.
- Take part in governance voting or other community initiatives if the project links these to reward mechanisms.
- Always use official channels to avoid scams and verify authenticity of airdrop announcements.
Maximize Potential
To maximize potential rewards from Avalon Labs airdrops or incentives:
- Actively use the platform's financial products like borrowing, lending, and stablecoin transactions.
- Stake AVL tokens and participate in yield farming to increase reward eligibility.
- Engage regularly in governance processes to qualify for community incentives.
- Hold AVL tokens during key snapshot dates announced by Avalon Labs.
- Join and contribute to the community on X.com (@avalonfinance_) and other official channels for early info.
- Participate in cross-chain activities leveraging partnerships with BNB Chain and ZetaChain for broader ecosystem rewards.
- Complete all tasks and campaigns announced by the project promptly to ensure qualification.
- Secure your wallets and avoid phishing to maintain eligibility.
- Stay informed about updates through the official website and social platforms.
Latest X Summary
Avalon Labs: Unclaimed Airdrops Burned & New Earning Opportunities Emerge!
Avalon Labs is buzzing with activity, and airdrop hunters, pay attention! Recent updates reveal significant token burns, ongoing reward distributions, and exciting new ways to earn points and tokens. If you're looking to farm potential future airdrops, Avalon Labs has just upped its game with a critical deadline extension and a brand-new staking opportunity.
Key Earning Opportunities
Avalon Labs has rolled out two primary avenues for you to get your hands on potential future rewards:
1. The Extended KAIA Lending Protocol Campaign
Good news for those who want more time! The high-stakes KAIA Lending Protocol Campaign has been extended, giving you a wider window to earn your share of a generous $200,000 worth of $KAIA rewards. This is the "Kaia campaign series" that was previously pushed back to ensure everyone gets a fair shot.
How to Earn:
- Deposit on Avalon’s KAIA Lending Protocol for 1X Points.
- Borrow on Avalon’s KAIA Lending Protocol for a boosted 3X Points.
- The more you engage, the higher your rank on the leaderboard, directly increasing your share of the rewards. The top 100 participants will split $100,000 worth of $KAIA!
This is a prime opportunity to stack up points that could translate into future airdrops.
| Campaign | Action | Points Earned | Reward Pool | Deadline Extension | Relevant Link |
|---|---|---|---|---|---|
| KAIA Lending Protocol Campaign | Deposit on Protocol | 1X Points | $200,000 worth of $KAIA | Extended to June 30th | Link to Tweet |
| KAIA Lending Protocol Campaign | Borrow on Protocol | 3X Points | $200,000 worth of $KAIA | Extended to June 30th | Link to Tweet |
2. The New $USDT Vault
A fresh opportunity has emerged with the launch of Avalon's new $USDT Vault. This is a straightforward way to start accumulating "Avalon Points" and $KAIA tokens.
How to Earn:
- Stake $USDT in the newly launched vault.
- By doing so, you will earn Avalon Points and $KAIA. Accumulating points is often a strong indicator for eligibility in future airdrop distributions.
| Opportunity | Action | Rewards | Status | Relevant Link |
|---|---|---|---|---|
| $USDT Vault | Stake $USDT | Avalon Points & $KAIA | Live | Link to Tweet |
Recent Airdrop & Reward Updates
Avalon Labs has also completed a significant token burn and distributed rewards from a previous campaign, showcasing their commitment to the community and tokenomics:
- Unclaimed Airdrop Burn: On June 9th, Avalon Labs officially burned a massive 80 Million $AVL tokens, representing 44% of the circulating supply. These were unclaimed airdrop tokens (worth approximately $16 million) that have now been permanently removed from circulation. This major burn indicates past airdrop activity and a deflationary measure that could benefit existing holders.
- 50,000 sAVL Reward Distribution: The rewards for the "Stake AVL & Win a Share of the 50,000 sAVL Reward Pool" campaign have been fully distributed to participating wallets as of June 12th. If you participated, remember to check your wallet!
Don't miss out on these ongoing opportunities to earn with Avalon Labs. The extended deadlines and new staking options make it an opportune time for airdrop hunters to get involved!