Cryptocurrency

What Is Walrus Airdrop? All You Need to Know

By Tiera Cowden

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Reviewed by: Tiera Cowden

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Walrus Airdrop

The Walrus airdrop is a prominent airdrop that will happen soon. Although the exact timeline for it has not yet been announced, it is expected to benefit various users in the cryptocurrency space. 

In this article, you will learn everything about eligibility and participation in the Walrus airdrop to get the maximum rewards. In that way, you can engage with the Walrus project on the SUI blockchain network to gain maximum benefits in the form of airdrop tokens. 

Objective Of Walrus Airdrop

Objective Of Walrus Airdrop

The main objective of the Walrus airdrop is to introduce users to the Walrus platform, which revolutionizes data storage. By participatingit, users can access features of the Walrus project, such as scalability to hundreds or thousands of decentralized storage nodes, the ability to upload gigabytes of data at minimal cost, and assured data recovery even if two-thirds of the storage nodes fail. Additionally, users can seamlessly manage their rewards and interact with the platform through secure Crypto Wallets. $WAL tokens are distributed as staking, governance, and fee incentives.

Decentralized Apps (dApps) further enhance the user experience by enabling seamless interaction with the Walrus platform’s decentralized storage. With the Walrus airdrop, you can engage with the Walrus project financially. The $WAL token holders can participate in the growth and development of the ecosystem and get incentivized.

The Walrus Project has a large community of followers where you can share your insights and give feedback. Community engagement will also give you special access to the latest news and updates about the Walrus protocol. 

Eligibility Criteria For Participating In The Walrus Airdrop

There are several criteria you should meet to get eligibility to participation it

  1. Get at least one testnet SUI token from the SUI testnet faucet.
  2. To be eligible for the airdrop, stake a $WAL token to a validator on the Walrus website
  3. Mint a Flatland NFT on the Walrus website using your Sui Wallet to improve your chances of getting the airdrop. 
  4. Participate in Galxe’s Walrus Odyssey and Explorer programs. Completing community service and social media initiatives will earn you points and Non-Fungible Tokens (NFTs).

How To Join The Walrus Airdrop?

Here is a step-by-step guide to joining the Walrus airdrop. 

  1. Visit the airdrop section on the official website of the SUI platform. Connect the platform to your SUI wallet. 
  2. Claim at least one $WAL token to join the airdrop. You can claim it using the SUI testnet faucet.
  3. Stake the $WAL tokens you have claimed with an approved validator. Staking shows your commitment to the project and will boost your chances of getting the airdrop. 
  4. On the SUI website mint the Flatland NFT and improve your chances of getting the airdrop. 
  5. You should also actively participate in the Walrus community on its various social media pages. Give your insights and advise your fellow investors about investment techniques and tricks.  Consistent engagement with the community boosts your chances of receiving the airdrop.
  6. You can also boost your chances of receiving the airdrop by participating in the Walrus Explorer and Walrus Odyssey campaigns on Galxe. You should promptly participate in the social media tasks and activities listed on the Galxe platform to improve your chances of winning.

How To Claim Your Walrus Airdrop?

Now that you will receive a share of the airdrop tokens, here are the ways to claim your share of the airdrop tokens. 

  1. Connect any SUI wallet to the airdrop page of the Walrus website.
  2. On the wallet settings, select testnet.
  3. Testnet tokens are available from the SUI faucet or Discord every two hours. You can request to receive the tokens every two hours.
  4. Move on to swap the SUI tokens in your wallet to receive $WAL tokens. 
  5. Stake at least one $WAL token with an accredited validator.
  6. You can claim your rewards at the time of the official distribution, the date of which will be announced later. 

Conclusion

Airdrops such as the Walrus airdrop are valuable opportunities for crypto enthusiasts to earn free tokens. As in the case of it, you only need to get engaged with the project and sustain your presence and interest by getting involved in the various activities of the platform. 

Walrus airdrop is an important opportunity for you to get started with the cryptocurrency world. So make use of this opportunity. However, make informed decisions to avoid any loss in the future.

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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