Hemi Network, a brand-new Ethereum layer-2 solution, is organizing a testnet campaign to ensure the participation of early users and to fix current errors in the program. The campaign has witnessed participation from millions of users.
This article will guide you through the participation process of the Hemi Network airdrop. Additionally, we will provide tips to boost your earnings and attach a withdrawal guide. Also, we will check key dates such as TGE and listing.
What Is Hemi?
Hemi is a layer-2 protocol that uses its core Hemi Virtual Machine (HVM) to incorporate a full Bitcoin node within an Ethereum Virtual Machine. Users can access existing dApps or create new ones (hApps) through the network. At present Hemi Network is in its testnet phase.
How Does The Hemi Airdrop Work?
Those who participate in Hemi’s testnet will be rewarded with points that will be converted to blockchain coins after the Token Generation Event (TGE). The reward structure is divided into two; on-chain engagement where users will be incentivized according to the number of transactions and other activities, and off-chain engagement where points will be given to external contributions such as social media posts and community discussions.
Apart from these tasks, users can earn extra points by inviting their friends to the platform. The referral program of the airdrop campaign is hosted on Absinthe, a platform where crypto-native projects can build customizable points programs. Beyond the ongoing testnet airdrop campaign, more incentive programs will be hosted after the mainnet launch.
Eligibility Criteria For The Hemi Airdrop
The program didn’t pose any country restrictions or age restrictions. Those who wish to participate in the on-chain testnet should have a basic understanding of how blockchain layer-2 protocols work. The off-chain program will better suit influencers and creative people who can push Hemi to a wider audience.
Is This Airdrop Free?
The Hemi testnet airdrop is 100% free to partake. Free testnet tokens will be given to on-chain participants to do transactions. Also, there will be no extra hidden costs at the time of withdrawal to exchanges or your crypto wallets.
Step-By-Step Guide To Claim The Hemi Airdrop
Before accessing the Hemi Network testnet, fund your Sepolia wallet with some test ETH. You can get the tokens from free Sepolia ETH faucets. Here is the full testnet guide:
1. Visit the official website of Hemi Network (hemi.xyz) and tap “Launch Testnet.”
2. In the testnet application, click “Connect your EVM Wallet” and integrate one. Make sure you have switched to the Sepolia test network. If you don’t have ETH in Sepolia, tap on the “Faucet” in the Tools option to get some.
3. Access “Tunnel” and convert your Sepolia ETH into Hemi Sepolia ETH ($hETH). You can use hETH to engage with the platform and earn points.
4. Engage with the testnet until the conclusion of the event. The details of converting points into blockchain coins will arrive soon.
How to Boost Your Hemi Network Points?
As mentioned above, you can boost your points by referring friends. Make sure you have an invite code with you. Or else, look for one in the Discord, X, or Telegram communities. Here is a step-by-step guide for the referral process:
1. Visit the official referral interface of Hemi on Absinthe (points.absinthe.network/Hemi) and click “Join Now”.
2. Tap “Connect Wallet” and integrate one of your EVM-supported wallets. WalletConnect, Phantom, Ronin, or MetaMask are preferred.
3. Input the invite code and verify. After that, click “Apply Code” to generate one for you.
4. Tap “Connect X” and integrate your genuine X (Twitter) to verify your identity. That’s it. Now invite other people using your referral code.
How To Withdraw Your Earnings?
You can convert the testnet points into Hemi Network’s native token after its Token Generation Event (TGE). Then you can withdraw them to exchanges after the listing. Nevertheless, it is better to HODL the rewards for the long-term due to the potential increase in its market cap in the coming years.
Hemi Network TGE, Listing, & Mainnet Launch Dates
The testnet is considered the Season 1 of the network’s incentive programs. Season 2 will witness the mainnet launch and the Token Generation Event (TGE). Unfortunately, the dates are not revealed yet. Season 3 will witness Post-TGE activities like listing into prominent exchanges. You can subscribe to Hemi Network’s social media profiles to get notifications on key dates.
Concluding Thoughts: Is This A Trustable Airdrop?
According to the Hemi Sepolia explorer data, around 1.8 million blocks have been created with a daily transaction average of 120K. The community engagement itself shows that it is a significant airdrop. However, do your research to verify Hemi’s genuineness. Always DYOR!