Are you curious about the Thetanuts Finance Airdrop and how to enhance your score in preparation for the upcoming airdrop event?
This blog post aims to offer you essential insights into the Thetanuts Finance Airdrop and effective strategies to boost your score.
What is Thetanuts Finance?
Thetanuts Finance is a decentralized on-chain options protocol focused on altcoin options, allowing users to go long or short on on-chain options. Its aim is to generate diversified high organic yield for users by selling automated options strategies.
Thetanuts Finance supports trading of native altcoin options on multiple networks, such as Ethereum, Binance Smart Chain, Polygon, Solana, and others. Thetanuts Finance also has a v3 upgrade that introduces new features such as a Lending Market and Uniswap v3 Pools.
Thetanuts Finance has raised $35 million in funding from investors such as QCP Capital, Deribit, Paradigm, GSR, Wintermute, Jump, GoldenTree, Tribe Capital, and Polychain Capital.
Why trade altcoin options on Thetanuts Finance?
Thetanuts Finance aims to address the gap in the altcoin options space, leveraging its strong track record as a leading option vault protocol with extensive coverage of altcoin options across approximately ten networks.
Altcoins, known for their higher volatility compared to majors like ETH and WBTC, attract option traders looking to speculate or hedge on altcoin price movements. Additionally, some altcoins lack means to generate yields through block rewards, making option premiums a viable income source for altcoin holders.
Thetanuts Finance v3 introduces first-to-market features allowing users to engage in long or short options via its interface, abstracting the deployment into v3 modules. Users can also participate in borrowing or lending basic vault LP tokens through the lending market, as well as contribute liquidity to Uniswap v3 pools to earn fees and rewards.
Thetanuts Finance Airdrop.
While there hasn’t been an official confirmation, it’s been verified that they’re gearing up to introduce their native token – $NUTS. This has stirred excitement about a potential Airdrop.
Additionally, they’ve initiated various tasks, each offering different point allocations upon completion. Although they haven’t explicitly mentioned an Airdrop, the setup of tasks and point systems strongly suggests an imminent Airdrop is on the horizon.
How to earn points?
Join the Thetanuts Finance v3 Incentivised Alpha
Participating in V3 Incentivized Alpha offers an exclusive opportunity to access Thetanuts Finance v3’s latest features before the public launch. To join, complete the Application Form.
Once submitted, your form will undergo qualification. Verify your eligibility by connecting your wallet to the Thetanuts Finance platform and switching to the Arbitrum chain (ARB). Successful transition indicates eligibility.
To accumulate points in Thetanuts Finance v3 Incentivized Alpha, deposit funds into your account. Your points will correspond to the deposited amount. Refer to the table below for point allocation.
This method is by far the best way for you to earn the most points since you can earn up to 1000 points. Your points will be count monthly.
Excited to earn points while awaiting approval? No problem! There are various ways to accumulate points, and one effective method is active participation in their Discord channel.
Engage in the general channel regularly to earn points every two weeks:
- Initial contribution: 1 point.
- Additional points for brief discussions: 2 points.
- Engage in in-depth discussions: 5 points.
Remember, not all interactions will earn you points, so avoid spamming:
- Spam control: -1 point for each instance of spamming.
Stay engaged and earn points responsibly to make the most out of your participation!
You can earn 2 points for this task. Simply retweet & like ‘Weekly Round-Up’ post.
You should keep checking this task site weekly since there might be a chance of new tasks and you can earn more points.
Engage in a different task as a Trendsetter II! Give a mention or shoutout to Thetanuts on Twitter, blogs, or videos and then submit them to Zealy to earn points:
- Tweet: 10 points.
- Blog: 30 points.
- Video: 50 points.
Don’t forget to follow their X (Twitter) for the latest updates. Your points will be reviewed on a weekly basis.
In this task, your objective is to translate announcements or tweets from Thetanuts Finance into other languages and then submit them to Zealy.
- Documents: 20 points.
- Announcements: 5 points.
It’s important to note that documents or announcements requiring translation might not always be available. Additionally, points will only be awarded if your translations are selected for use.
To increase your chances, regularly check Zealy quests for translation opportunities. Translating content into multiple languages can improve your likelihood of selection.
While this task isn’t difficult in execution, being chosen can be challenging. However, swift action and some luck can result in more points for you. Stay proactive and seize the opportunity!
Create educational content on Twitter or Medium and then submit them to Zealy to earn points:
- Tweet: 10 points.
- Blog: 30 points.
- Video: 50 points.
Here are some recommended topics that could help you earn more points:
- Thetanuts v3 Deep Dive
- Understanding the Importance of On-chain Options
- Exploring Options – The Emerging Narrative
- Analyzing $NUTs Speculation Strategies
- Simplifying On-chain Options Models
- Identifying Market Gaps
- Adding Humor with $NUTs Jokes
Feel free to choose any of these topics to create your content and increase your points!
Above are the current tasks available from Thetanuts Finance that can help you increase your score and potentially boost the number of tokens you might receive during the airdrop.
Moreover, there will definitely be more new tasks to assist users in earning points. This blog post will update you on them as soon as they are available, so stay tuned and follow KEYRING’s blog.
KEYRING PRO Wallet – Your Trusted Companion!
To access the finest Airdrop projects, the essential tool you’ll need by your side is a secure and convenient crypto wallet. Look no further than the KEYRING PRO Wallet for the ideal solution.
The KEYRING PRO Wallet stands out as a secure and user-friendly option. It simplifies wallet creation for various market chains. Moreover, users can directly purchase select token types through the wallet’s integrated payment gateway.
Furthermore, users enjoy the flexibility of effortlessly adding desired new chains or tokens. To add a new token, follow these simple steps:
- Download the KEYRING PRO Wallet.
- Set up your wallet.
- Choose your portfolio.
- Tap the ‘add token’ button.
- Select the token’s network.
- Enter the token contract details.
- Click “Next” and “Add” to include the token.