Odos Protocol, a blockchain organization focusing on Smart Order Routing (SOR) and Automated Market Maker (AMM), officially launched its DAO into the mainnet on December 13th, 2024. The platform organizes various events during DAO’s arrival, including an airdrop campaign to recognize its early users.
ODOS, the native token of the platform, will be rewarded to all the eligible addresses at the end of the campaign. This article will guide you through Odo’s airdrop, covering key dates, eligibility criteria, claiming process, and the withdrawal process. Additionally, we will check whether this project is genuine or not.
What is the Odos Protocol?
Odos Protocol is a Smart Order Routing (SOR) platform that executes multiple trades through an automated process. It offers enhanced trading features that optimize trading returns with Automated Market Maker (AMM) technology. Odos assists traders in token swapping by combining liquidity from many sources, which lowers gas fees and speeds up execution.
The Odos DAO and $ODOS Token
The launch of the Odos DAO gives the community the ability to take part in protocol development and decision-making procedures, democratizing the entire ecosystem. The native asset of the Odos ecosystem, the $ODOS token, is mainly used for governance and to incentivize the liquidity providers. Holders will be able to participate in the voting and decision-making process. Also, there will be staking rewards for those who lock up $ODOS tokens.
How Does the ODOS Airdrop Work?
Unlike the traditional airdrops with effortless tasks, the Odos Protocol drops its tokens only to those who engage with the ecosystem through various serious activities. Users should contribute to the ecosystem through various means like trading, providing liquidity, and engaging with the community.
After earning an in-app reputation, users can claim the tokens according to their credits. Check eligibility and claim the tokens to HODL or sell them to the listed exchanges. Follow ODOS token’s social media pages to stay updated with the listing dates.
Eligibility Criteria For the ODOS Airdrop
The airdrop is mainly for the early contributors to the Odos ecosystem where those who participated in the liquidity pools, governance, and trading activities will be eligible for the airdrop. Also, community supporters will get priority in the campaign.
Is This Airdrop Free?
The existing eligible users can participate in the campaign for free. There are no additional hidden costs to partake. You should only bear the gas fee to transfer the ODOS into an exchange for swapping.
How to Claim the Airdrop?
The claiming process consists of engaging in the activities, checking the eligibility, and the claiming process. Let’s get into the details.
- Engage: Visit the official website of Odos Protocol and navigate to its app. Open the app and connect your crypto wallet. Engage in activities like trading and providing liquidity.
- Check Eligibility: After the eligibility checker becomes live, visit it through the Odos website and connect your wallet again. You will see if you are chosen for the drop.
- Claim ODOS: When the claim becomes open, visit the claim page and initiate a transaction of ODOS to your wallet. It will be credited to your wallet within seconds.
ODOS Airdrop: Key Dates
- Eligibility Check Date: The eligibility checks will start on December 12th, 2024.
- Claiming Date: Users can claim the tokens starting from December 20th, 2024.
- Listing Date: The ODOS token is live on various DEXs. However, there is no official confirmation regarding the listing to mainstream exchanges.
How to Withdraw Your Earnings?
As a newly launched token, ODOS is not yet available on major crypto exchanges. However, you can trade it on its official swapping interface. We can expect the token to get listed on CEXs soon.
Final Thoughts: Is This a Trustable Airdrop?
Odos Protocol is an established network trusted by many web3 enthusiasts. However, as always, exercise caution and do your research before accessing any sort of airdrop. DYOR!
If you are a new user of the platform, it is better to skip this airdrop. Otherwise, make sure you verify your eligibility and claim your tokens in accordance with the given dates.
