Cryptocurrency

Confidential Layer ($CLONE) Airdrop Breakdown: How It Works?

By Tiera Cowden

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Reviewed by: Tiera Cowden

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Confidential Layer ($CLONE) Airdrop

Confidential Layer’s $CLONE airdrop campaign is live till November 30, 2024. The airdrop tokens that you claim will be distributed during Q4 2024. 35% of the total $CLONE tokens are set aside to be distributed through the airdrop. 

Before we discuss the airdrop in more detail, let’s first understand the Confidential Layer platform. This protocol facilitates interoperability between public and private blockchains. Using it, you can bridge assets between programmable blockchains like EVM, Solana, and Cosmos and non-programmable blockchains such as Bitcoin and other privacy-focused blockchains.

$CLONE Tokenomics

$CLONE tokens are the native tokens of the Confidential Layer platform. It has a total supply of 1,000,000,000. These $CLONE tokens are allocated for various purposes, as mentioned here.

$CLONE Tokenomics

Airdrop And Incentives: 35%

35% of the total supply of $CLONE tokens is set aside for airdrops and incentives. This is part of the marketing strategy of the platform. A steady flow of users is attracted to the platform, and they are adequately rewarded for their participation. Of the 35%, 15% are set aside to be given as incentives to reward partners and participants of the Confidential Layer platform. 

The remaining 20% of the tokens are distributed through the upcoming airdrop event. The airdrop of the $CLONE tokens will be conducted in three stages: Pre-Launch/Launch, Communities Airdrop for Future Growth, and Volume Multiyear Airdrop.

Liquidity And Listings (10%)

10% of the total token supply is allocated to ensure that the tokens are adequately available in the market so that users can trade seamlessly.

Launch (5%)

5% of the total supply of $CLONE tokens is allocated to power the initial launch of the Confidential Layer platform.

Core Contributors & Strategic Reserve (20%)

Out of these 20%, 10% is allocated for core contributors, and another 10% is allocated for powering the strategic initiatives required for the growth and development of the tokens. To ensure that the stakeholders are held accountable for the development of the platform, these tokens are locked for 6 months, followed by a 24-month unlock period. 

$CLONE Token Staking

The staking method followed by the Confidential Layer platform differs from what other cryptocurrency platforms adopt. Stakers are rewarded through revenue sharing. This will ensure the connection between the stakers and the platform’s development is adequately maintained. Stakers are assured to be made a part of the growth of the $CLONE platform. At the same time, they are given access to the future opportunities and benefits available. 

How To Participate In Confidential Layer ($CLONE) Airdrop?

As you might have understood now, $CLONE airdrop is a profitable investment opportunity for you. Here are the steps to participate in the $CLONE airdrop.

  1. Connect to the official website of the Guardians of the Privacy campaign to access the Confidential Layer ($CLONE) Airdrop.
  2. Go to the Portal 1 to complete the tasks. On the Portal 1, you should connect your X account. For that, you should first follow the official X account of Confidential Layer. You should also submit your email address and get it verified. Create your own character by clicking on the “Create Guardian” button.
  3. Now you can move on to do the tasks in Portal 2. You should first get the unique referral code share it with 10 of your friends, and invite them to the Confidential Layer platform. You will get 10 privacy items for your Guardian after all the 10 friends you referred log in to the platform and complete the Portal 1 tasks.
  4. To complete the Portal 3 requirements, you should first connect your discord account to the Confidential Layer platform and join its official server. You can earn Space Miles after you complete all the designated social tasks.
  5. Collect all the 6 Guardian cards available on the platform. Your share of the airdrop increases with each card. If you have collected the mythical card, you will get 40% of the airdrop tokens.
  6. Keep an eye on the official website and social media channels of the Confidential Layer platform to learn about the latest developments.

The Bottom Line

The Confidential Layer airdrop is a must-try event. You should complete all the social tasks given, stay active in the discord community, collect all Guardian cards, and make all your referrals complete the tasks to ensure maximum share in the airdrop event. The Confidential Layer ($CLONE) airdrop is indeed a profitable event. Go through the official documents of the airdrop before confirming your engagement with the Confidential Layer platform.

Tiera Cowden

British crypto writer and professional investor. Analyses digital asset markets and blockchain developments. Provides insights on cryptocurrency trends and investment strategies.

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