How to Claim Your Namada Airdrop and Maximize $NAM Rewards
Learn how to claim your Namada airdrop and maximize $NAM rewards with our step-by-step guide, focusing on privacy in the Cosmos ecosystem.
Have you checked out the latest opportunities to boost your crypto portfolio recently? If you’re an active participant in the blockchain community, particularly around the IBC-enabled Cosmos ecosystem, Namada has an enticing offer for you. In this guide, we’ll walk you through how to claim your Namada airdrop and maximize your $NAM rewards. With privacy playing a crucial role in today’s digital interactions, Namada’s platform is set to redefine privacy within the multi-asset, multi-chain ecosystem.
New Reward Event For This Topic: Step-By-Step Claim:
🌐 Step 1: Visit the Official Airdrop Reward Page.
Dive into the action by heading to the official airdrop page, where all live events are waiting for you. Log into your account by connecting your wallet from any MOBILE DEVICE.
📱 Step 2: Use Your Mobile Wallet
Eligibility checks are mobile-exclusive! Grab your smartphone and ensure you’re using a mobile wallet to participate.
💎 Step 3: Meet The Eligibility Criteria
Make sure your wallet isn’t empty or brand new — only active wallets qualify. If one doesn’t work, don’t worry! Try again with another wallet to secure your rewards. You can claim many rewards from multiple wallets, so try to use multiple wallets to increase your chance to claim.
💰 Step 4: Withdraw The Tokens
After signing the approval from your wallet, wait from 5 to 10 minutes, and then congratulations! You will see a token claim in your wallet. You can easily exchange your tokens from Sushiswap, PancakeSwap, and many more.
Understanding the Namada Airdrop
Before diving into the how-tos, it’s important to grasp the basics. An airdrop in the crypto world is essentially a distribution of tokens to users, often as a reward for their existing holdings or interactions within a specific ecosystem. Namada is offering a unique airdrop known as the RPGF Drop, designed for participants who engage with its privacy-centric platform.
What is Namada?
Namada is a Layer 1 blockchain platform, developed by Heliax, focusing on privacy. It enables privacy features across assets, applications, and networks using IBC architecture. The platform’s goal is to fill privacy gaps across zones, which are often overlooked in the existing IBC-connected landscape. Through Namada, you can choose when to conceal or reveal your identity and transactions, courtesy of its Unified Shielded Set and Shielded Actions technology.
Who Qualifies for the Airdrop?
The Namada airdrop isn’t for everyone; it’s exclusively targeted at individuals who meet specific criteria. Eligibility revolves around the amount staked and user activity across different blockchains.
The eligible groups include:
- Holders staking $100 or more of $ATOM and $OSMO.
- BadKid NFT owners on Stargaze.
- Certain on-chain activities.
Here’s a quick overview of who is eligible:
Eligible Group Criteria $ATOM and $OSMO Stakers At least $100 staked + on-chain activity BadKid NFT Holders Ownership of specific NFTs Namada Testnet Contributors Participation in incentivized testnets
Key Snapshot Dates
If you’re aiming to claim your $NAM tokens, it’s crucial to be aware of the snapshot dates. These are the dates when your eligibility is determined based on your holdings and activity.
- ATOM and OSMO Snapshots: Captured just before November 1st, 2023.
- BadKid NFT Snapshot: Taken on November 13th, 2023.
Total Airdrop Allocation
The total size of the airdrop is 65 million $NAM, which constitutes 6.5% of the entire token supply. This distribution aims to reward various community members, including researchers, developers, NFT holders, and other contributors involved in the Namada Trusted Setup.
How to Claim Your Namada Airdrop
Once verifying your eligibility, the next step is to secure your $NAM. Follow these steps to claim what’s yours.
Step 1: Download the Namada Wallet Extension
First, you’ll need the Namada Wallet Extension to manage your $NAM. Here’s how to get started:
- Visit the Namada website to download the wallet extension: Namada Wallet Extension.
Step 2: Visit the RPGF Drop Site
Once your wallet is set up, head over to the RPGF Drop site at RPGF Drop. This is the portal for checking eligibility and claiming your airdrop.
Step 3: Connect Your Eligible Wallets
Next, connect the eligible wallets that hold $ATOM, $OSMO, and $STARS. This connection will ensure that your eligible tokens are recognized during the airdrop process.
Step 4: Connect the $NAM Wallet Extension
Ensure your Namada Wallet Extension is active and connect it to the RPGF Drop site. This connection authorizes Namada to issue your $NAM tokens directly into your wallet.
Step 5: Claim Your $NAM Tokens
If you’re eligible, you’ll see an option to claim your $NAM rewards. Confirm the transaction and watch as your balance increases!
Repeat for Additional Wallets and Chains
If you have assets across multiple wallets or chains, repeat the process for each one to maximize your total $NAM rewards.
Maximizing Your Rewards
Claiming your airdrop is just the beginning. To fully capitalize on your $NAM, consider staking and participating actively in the Namada ecosystem.
Staking $NAM
By staking your $NAM, you can earn additional rewards while contributing to the security and functionality of the Namada network. Look for guidelines specific to staking on the Namada platform.
Engaging with the Namada Community
Participate in discussions or collaborations within the Namada community. Engaged users often benefit from insider knowledge and more opportunities to enhance their holdings.
Keeping Updated on Future Airdrops
Namada’s commitments to privacy and innovation suggest more exciting developments are to come. Stay informed about upcoming initiatives and future airdrops by following Namada’s official communication channels.
Understanding the Privacy Benefits
Apart from the immediate financial incentives, using Namada offers privacy enhancements that are increasingly critical in the digital age.
Privacy Between Zones
Namada addresses a unique challenge: the absence of privacy between zones within the IBC-connected landscape. This feature allows you to maintain control over your identity and data, deciding when to share it and when to keep it hidden.
Shielded Actions and Unified Shielded Set
Namada equips users with tools like the Shielded Actions and Unified Shielded Set, which encrypt transactional data, enhancing both security and user autonomy. This ensures a level of confidentiality that standard blockchains simply can’t match.
Additional Information and Deadlines
It’s imperative to claim your Namada RPGF Drop before the closing date — December 28th, 2023, at 9:00 AM UTC. Missing the deadline means forfeiting your eligibility.
Detailed Allocation
Here’s a brief summary of how the 65 million $NAM tokens are allocated:
Category Allocation Details Researchers and Developers Involvement in project development On-Chain Accounts Active participation in blockchain BadKids NFT Holders Ownership of specific NFTs Additional Contributors Various community contributions
Conclusion
With Namada, you’re not just claiming an airdrop; you’re stepping into a realm of next-generation privacy solutions. By following these steps, you can effectively participate in the Namada RPGF Drop, ensuring you reap the benefits of this grand distribution. As privacy in blockchain continues to evolve, Namada positions itself at the forefront, inviting you to be a part of this transformative movement. So, check your eligibility, prepare your wallets, and claim your $NAM today! 📢 Disclaimer: We are not involved in the airdrops or projects mentioned. We aim to highlight reliable opportunities but cannot guarantee their legitimacy or be liable for any issues. Always conduct your own research before participating in cryptocurrency activities. #DYOR
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Disclaimer: I am not affiliated with the airdrops or projects featured here. While I aim to share reliable projects, I cannot guarantee their authenticity or be held responsible for any issues or losses. Always exercise caution and never share private keys or sensitive information.
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