Cryptocurrency

Teneo Protocol Airdrop Update: Everything You Need To Know

By Tiera Cowden

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Reviewed by: Tiera Cowden

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Teneo Protocol Airdrop Crypto

The Teneo protocol’s airdrop event is expected to be unveiled soon. This is an amazing opportunity for crypto users to take part in an upcoming cryptocurrency project from its initial stage. The Teneo tokens are distributed for free based on each user’s engagement with the Teneo protocol such as installing the Teneo Community Node extension and doing simple tasks. As it is interoperable with famous blockchain networks such as Solana and Ethereum, every user will have better access to data storage and other facilities through advanced AI features.

Eligibility Criteria for Teneo Airdrop

Teneo Protocol Airdrop Crypto

Certain eligibility criteria make every user equally eligible for the upcoming Teneo airdrop. You should belong to the geographical space earmarked as eligible for the Teneo airdrop. While the Teneo protocol is available worldwide, it is banned in certain places.

You must connect a crypto wallet to the Teneo protocol to collect your airdrop tokens. You are also required to regularly engage with the Teneo community to get the airdrop rewards. You can keep 

  • Interacting with Teneo on social media and forums
  • Keeping an eye on Teneo’s performance on DeFiLlama
  • Getting involved in Teneo’s governance and decisions
  • Using Teneo’s services and features

How to Participate in the Teneo Airdrop?

Here is a detailed, step-by-step guide to participating in the Teneo airdrop.

  1. Visit the Teneo Protocol official website.
  2. Download the Community Node extension of the Teneo protocol and install it. 
  3. Sign up for the Teneo protocol using this node extension and submit all the details required.
  4. Verify your mail and log in.
  5. Now click on “Connect Node” to start earning points on the Teneo protocol. The longer the node stays online the more points you will earn.
  6. Refer your friends to the Teneo protocol and get 5,000 points for each referral.
  7. The points will be converted to TENEO tokens after the official token generation event.

How to Earn Teneo Points?

Earning Teneo points is an important prerequisite for getting $TENEO tokens in the upcoming airdrop. The Teneo points can be earned through consistent engagement with the Teneo Community Node. 

Users are rewarded for the stability of their node connectivity. That means you will earn more Teneo points for staying online for a long time. Your connectivity is measured four times an hour through four heartbeats. Each heartbeat helps you earn 25 points, with a maximum earning capacity of 2400 points.

Follow these steps to install and activate the community node connectivity.

  1. Install the Chrome extension of the Teneo community node. 
  2. Create your account in the Teneo protocol’s community node. 
  3. Start running your node and keep it active to earn Teneo points. 

Another fruitful method to start earning Teneo points is to invite the maximum number of possible friends to the Teneo protocol using the unique referral link. Such invitations will help you and your invited friend earn Teneo points. You get 5000 points for each successful referral and your friend gets 2500 points. 

You can expect the Teneo protocol to devise new methods for earning Teneo points as time passes. 

More Details About the $TENEO Tokens

$TENEO is a unified multi-chain token that is interoperable with multiple blockchains such as Ethereum and Solana. The $TENEO tokens have vivid utility cases such as token rewards, facilitating access to data, staking, and engaging in node operations. The value of the $TENEO tokens will be maintained in the market through regular burning of the tokens. This deflationary mechanism helps the growth of the Teneo platform in the long run. 

The royal supply of $TENEO tokens is pegged at 10 billion. These tokens are distributed in the following ratio for various purposes. 

  • Community and Partner Incentive Pool: 33%
  • Public and Private Sales: 25%
  • Team/Core Contributors: 12%
  • Treasury: 10%
  • Early Backers: 8%
  • Marketing: 5%
  • Advisors: 4%
  • CEX/DEX Liquidity: 3%

The Bottom Line

The Teneo platform’s airdrop is an important event that every crypto enthusiast should watch out for shortly. You should utilize this opportunity to learn more about the Teneo platform and engage with the platform in all possible ways to earn maximum Teneo points. Thus you will get a competitive edge in the crypto market and can earn $TENEO airdrop as soon as it is launched. 

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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