The airdrops serve as a cutting-edge marketing strategy for capturing the attention of cryptocurrency enthusiasts to a new or upcoming token.
Pryzm ($AUUU) is one such airdrop that distributes free tokens directly to the wallets of the participants.
The platform calls the $AUUU airdrop, AUUUDROP, pretty cute, right? Anyway, the AUUUDROP is about to close very soon. But if you do not want to miss out on this opportunity to earn free $AUUU tokens, then read on.
What is AUUU?
AUUU is a crypto token of one of the newest layer1 Blockchain for yield, Pryzm. The token’s logo is a picture of a Wolf and the the ticker is inspired by the wolf’s howling.
AUUU is the base currency of the blockchain and the users on the blockchain can trade AUUU, pAUUU, yAUUU, and LP AUUU on the platform.
The Pryzm claims that their platform is built for people who thrive on high risk and high rewards formula.
They boast a random annual percentage yield (rAPY) for their users. It is said that the platform is not for the faint-hearted who may instead be comfortable with minimum returns investments such as government bonds.
The creators aim that the AUUU-based decentralized autonomous organization (DOA) and the users can rise and master the monetary policy of the AUUU token to get a substantial yield and to handle its minting and burning.
If you are interested in joining this movement, you can join in on the platform and claim an AUUU airdrop.
What is AUUU Airdrop?
The creators of the AUUU token promise that their airdrop will not be a meritless marketing stunt like many of the recent crypto launches. They assure the participants that the token will be distributed to everyone who deserves it.
The AUUU airdrop is offered for users who have been actively participating on the Pryzm platform.
The participants who have been providing liquidity on Pryzm mainnet, bridging assets over, and those who have been active airdrop participants are assured a significant airdrop in their wallet.
What is the Eligibility Criteria for AUUU Airdrop?
The criteria for claiming the AUUU airdrop is to be an active participant in the Pryzm. Some of the things that you need to do on the Pryzm platform to claim the airdrop include:
- Liquidity providers to the features pools of Pryzm
- The holders of Liquid staking Tokens such as cATOM, cOSMO, cINJ, and cLUNA
- Yield Token Holders of any maturity. Yield tokens include yATOM, yOSMO, yINJ, and yLUNA.
- ‘Staked Droopers’ – the delegators to Pryzm’s validators
- ATOM Delegators on the Cosmos Hub who have the ability to convert their staked ATOM to cATOM instantly.
What are the Rewards of AUUU Airdrop?
AUUU airdrop has different criteria for providing rewards. The rewards you will be potentially receiving in your crypto wallet will vary according to the criteria you have fulfilled. The criteria and the corresponding distribution amount are:
- Liquidity pool token holders – receive the equivalent of 50 AUUUS per dollar.
- Liquidity staking token holders – equivalent to 20 AUUUs per dollar.
- Yield token holders – equivalent to 50 AUUUs per dollar
- Pryzm validator deligators – equivalent to 10 AUUUs per dollar.
- ATOM delegators to cosmos hub validators – the equivalent of 20 AUUUs per dollar
After fulfilling the criteria, the platform will communicate a snapshot date with the users shortly.
Additionally, you can multiply your points by doing additional activities. The activities and the corresponding increase in rewards are:
- Testnet liquidity providers – up to 10% increase in rewards
- Zealy participants (based on their current XP-based role) – up to 50% increase in rewards
- Testnet validators – eligible for a multiplier on LP token holdings in the testnet
Step-By-Step Guide to Recieve AUUU Airdrop
You can claim the AUUU airdrop before it ends by following the below steps:
- Visit the Pryzm airdrop page from your browser and click the “Add Pryzm Chain to Keplr” button.
- Find your Pryzm wallet address. You can find it by clicking on the “Check your Prysm address” link at the bottom of the page.
- You can now select the blockchain that you are eligible for an airdrop on.
- The platform will verify your eligibility. The users who have delegated recently will be recognized as eligible immediately.
- If you are eligible, you will be able to link the Pryzm wallet where you want to receive the airdrop.
- Confirm and sign a small transaction as the gas fee from the wallet
- After the gas fee payment is confirmed, your wallet will be linked to receive airdrop.
AUUU Airdrop Launch Date and End Date
The AUUU airdrop is live and open for participation. Currently, the only active airdrop on the platform is StakeDrop. The end date has not been announced yet.
However, according to the community posts on the X platform, and the official website, the AUUUDOP will come to an end any time soon. For more updates, follow the social media pages of the Pryzm platform.
Also, Read: ANGRYGF Airdrop: Is It Worth A Try? Find Out The Truth
Conclusion
$AUUU is a crypto token of the Pryzm platform. The AUUU is designed for risk-takers and people who thrive on constant changes.
The platform is hosting an AUUU airdrop, sometimes referred to as AUUUDROP. In this article, we have explored what AUUU is, how the airdrop works, and how to receive the rewards.
If you are interested in receiving AUUUDROP you may need to act quickly since the airdrop is expected to close soon.
