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Shardeum
Retrodrop Phase 1
Past
22 May - 01 Apr
Shardeum is an EVM-based Layer 1 blockchain network with dynamic sharding technology. This technology allows for horizontal scaling of the network without compromising security and decentralization. The network operates on two consensus mechanisms: Proof of Quorium (PoQ) and Proof of Stake (PoS).
Both consensus mechanisms are powered by the network's native token, $SHM. The SHM token serves multiple operational purposes, including rewarding node runners, paying fees, and incentivizing the decentralized economy within the Shardeum network.
CoinLaunch Score:
Last update:
High
06 Mar 2024
Shardeum - Retrodrop Phase 1 Overview
start date:
22 May
end date:
01 Apr
Reward Distribution:
20 Apr
Reward:
$5,025
Winners:
42,281
How to join Shardeum - Retrodrop Phase 1 ?
Recently, Shardeum officially announced the first phase of its airdrop for early contributors, allocating approximately 0.72% (3,661,600 $SHM) of the total supply to over 42,281 of the most active on-chain and off-chain contributors, developers, and node validators.
After analyzing the Shardeum crypto project and its airdrop campaign, the CoinLaunch team has prepared a comprehensive step-by-step guide on how to participate in the Shardeum airdrop:
- Follow Shardeum on social media;
- Engage on social media:
Engage with the Shardeum community on Discord, repost content on Twitter, create your own content about the project, and invite others to join the community.
- Add the Shardeum network to your wallet:
Follow the guide from Shardeum docs to add the network to your Metamask.
- Get the testnet $SHM:
Visit the Shardeum faucet page and claim $SHM though any of the suggested options.
- Explore and interact with dApps on Shardeum
Explore over 144 different projects built on Shardeum on the Shardeum ecosystem page. Many of these projects are in the development stage and do not yet have their own tokens, which could lead to potential rewards from these projects in the future.
The CoinLaunch team has identified some of the most interesting projects you might consider starting with:
- Swapped Finance: A decentralized exchange that enables users to swap $SHM tokens and add them to liquidity pools. The DEX currently supports SWPD, $SHM, and $WSHM tokens on the Shardeum testnet network;
- ChainHash: A cross-chain DEX that currently supports over 9 different tokens on the Shardeum;
- NFTs2Me: An NFT creation tool that allows users to create their own NFT collections with no coding skills required on the Shardeum sphinx and over 10 other testnet networks.
- Deploy smart contracts on Shardeum;
- Install and operate node:
Download and set up the Shardeum node on your computer, following the step-by-step instructions provided in the Shardeum docs. Ensure that your computer meets the capacity requirements before installing and running the node.
Good luck!
Step-by-step Guide
Follow Shardeum on social media;
Engage with Shardeum social media;
Add the Shardeum network to your wallet;
Visit Shardeum faucet;
Get the $SHM testnet tokens;
Explore and interact with dApps on Shardeum network;
Deploy smart contracts on Shardeum;
Install and operate nodes, using the guide in Shardeum docs.
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