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Fuel Network
Airdrop (Retrodrop)
Active
08 Jul 2024 - 01 Jan 2025
Fuel Network is a software development kit with its own contract execution environment, FuelVM, for Ethereum rollups, powered by its proprietary Sway programming language. It aims to help Ethereum rollup developers achieve more parallelized, state-minimized, and interoperable applications without compromising any of these components.
Although Fuel has not disclosed any information regarding its token and crypto Fuel airdrop, it is currently running a point farming campaign for pre-depositing liquidity to its network. Hence, the CoinLaunch team has prepared a comprehensive guide on how to participate in the Fuel airdrop.
CoinLaunch Score:
Last update:
High
05 Aug 2024
Fuel Network - Airdrop (Retrodrop) Overview
start date:
08 Jul 2024
end date:
01 Jan 2025
Reward Distribution:
14 Jan
More about Fuel Network
Reward
N/A
Winners:
N/A
How to join Fuel Network - Airdrop (Retrodrop)?
To determine the community's contribution towards the Fuel network, the platform introduced the Fuel points, which you can acquire by pre-depositing funds to the platform. Until August 2nd, 2024, you could farm points on Fuel with a 2x multiplier while depositing over 24 various assets and Ethereum LRTs and LSTs.
This means that you can participate in various LR protocols' airdrops using their LRTs while farming Fuel points at the same time. Due to the large number of assets supported by the network, we will cover only the most effective staking routes for Ethereum and stablecoins, in our opinion:
- Ethereum LR protocols
Ethereum liquid staking is one of the most effective options to participate in the Fuel airdrop, as some LR protocols haven't launched tokens yet and also run point farming campaigns similar to Fuel's. These include Mellow protocol with its $ampETH, $Re7LRT, $pzETH, $steakLRT, and KelpDAO with its $rsETH LRTs.
To participate in the Fuel Retrodrop with Mellow protocol, you need to acquire some $ETH on the Ethereum network and restake it via Mellow to receive one of those LRTs and then deposit them to the Fuel network. This way, you will start earning LRT APR + Mellow points + Symbiotic points + Fuel points. Furthermore, if you restake your $ETH on Mellow in Renzo's $pzETH pool, you will also receive Renzo points.
Same steps work for KelpDAO, but unlike Mellow’s multiple LRTs, you will receive $rsETH and start earning KelpDAO points + $rsETH APR + Fuel points.
- rsUSDe pool
In addition to the Ethereum LRTs, the Mellow protocol mentioned above also enables you to stake Ethena's staked stablecoin $sUSDe and receive $rsUSDe LRT in return. This token can be deposited to Fuel Network to start earning LRT APR + Mellow points + Symbiotic points + Fuel points + sUSDe APR + 10x Sats / Day.
If you would like to explore more staking routes with Fuel, check out its points farming page.
Happy farming!
Step-by-step Guide
Acquire any of the assets supported by Fuel;
Deposit those tokens using our staking routes;
Wait for the official announcement on the Fuel social media about the token airdrop;
Receive your tokens.
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