BulbaSwap, the decentralized exchange on the Morph L2 network, is next in line for airdrops. Even though the exact date for the BulbaSwap airdrop has not yet been announced, this is the right time for you to devise strategies to win this airdrop.
In this article, you will learn more about the BulbaSwap decentralized exchange and understand the ways to participate in its upcoming airdrop.
What Is BulbaSwap?
BulbaSwap is a Morph network decentralized exchange. This platform aims to solve a few of the pressing concerns about decentralized exchanges in general such as
- The shift of focus from liquidity accumulation to gaining public attention.
- Increased importance of trading volume in driving success.
- Lack of effectiveness of Total Value Locked (TVL) as a successful metric.
- Emerging market opportunity for a new DEX focussed on attention building.
The BulbaSwap DEX platform provides an adequate solution to all these challenges. The platform is user-friendly and community-driven. It acts as a liquidity hub for the Morph network. The DEX will also have a Telegram bot launched for trading and farming cryptocurrencies.
BulbaSwap puts a special focus on trading meme coins with the help of AI. It works on the principle of building trade through building attention. BulbaSwap’s focus is on building trading volume rather than focusing on the Total Volume Locked (TVL).
Key Features Of BulbaSwap
BulbaSwap DEX has many unique features that make it adept at catering to user needs.
- Multi-Chain Support: BulbaSwap DEX is built on both Morph and Solana blockchain networks for enhanced performance and scalability.
- Telegram Integration: BulbaSwap DEX is linked to the Telegram app. This helps users to trade seamlessly within Telegram using the Pepeboost interface.
- Fair Launches: A fair distribution of new tokens is ensured in the BulbaSwap DEX as there is only a low Fully Diluted Valuation (FDV).
- Focus on Trading Volume: BulbaSwap focuses on dynamic metrics such as trading volume over traditional methods such as the Total Value Locked (TVL).
- Prediction AMM for KOLs: Key Opinion Leaders (KOLs) are empowered by the BulbaSwap ecosystem to create prediction pools or Prediction Automated Market Makers (AMM) to engage their communities.
How To Participate In The BulbaSwap Airdrop?
BulbaSwap airdrop is a good chance for you to invest in a DEX that uses innovative methods for trading. Here are the steps to participate in its upcoming airdrop.
- The first step in receiving the BulbaSwap airdrop is the setting up of the wallet and filling it with enough funds. You can set up any Ethereum-compatible wallet such as the MetaMask.
- Provide enough Ethereum in your wallet to cover the transaction costs.
- You need to connect your wallet to the Morph network and bridge the ETH tokens in your wallet to the Morph L2 layer.
- Now connect your wallet to BulbaSwap through its official website.
- Start your engagement with eth BulbaSwap DEX to earn credits. You can start trading on the DEX, and add to the existing liquidity pools. You can also earn points by referring your friends to the platform using the unique referral link.
- You can boost your credits by participating in special events.
- Keep track of your credit points to have an idea about the number of airdrop coins you will earn. Monitor your dashboard to know about your credit points.
How To Maximize Your Credit Points?
There are a few methods to boost your credit points. You can diversify your activities on the BulbaSwap by engaging in trading, liquidity provision, referral activities, and the like. You can diversify your activities by trading using different trading pairs. You should consistently log in to the platform to know about any opportunities for boosting your credits.
Additionally, you can earn upto 50% bonus of the earnings of your friend who you have referred to the platform. You can also participate in special events to boost your credit earnings.
The Bottom Line
BulbaSwap DEX airdrop is a unique opportunity for you to earn an additional income apart from what you earn through trading and liquidity provision. Make use of this opportunity to maximize your engagement with the platform and earn more airdrop coins.
