Blackwing, a brand new DEX abstraction layer, is providing an airdrop for users who join their early access. The airdrop works primarily through deposits and referral tasks.
In this article, we will get into the details of the airdrop including a step-by-step guide to participating in the campaign. Also, we will go through the benefits of the airdrop, eligibility criteria, withdrawal process, end date, and more. Let’s begin.
What is Blackwing?
Blackwing is a modular blockchain that has a nuanced construct called Limitless Pools. These pools enable liquidation-free leverage trading for assets.
The major advantage of Blackwing is that traders can swap their assets without bothering about the blockchains. They can seamlessly leverage trade assets from any chain without compromising decentralization.
The Blackwing has created this airdrop campaign to let some early users check the working conditions of the platform. That means the mainnet is not yet launched technically. The Blackwing XP program will expire one week before the mainnet launch.
The BXP Program
The Blackwing XP (BXP) program is designed to reward early adopters and participants in the initial development stage of Blackwing. The early adopters should do certain tasks to earn more BXP in rewards.
The BXP coin is currently used as a reward token for the airdrop campaign. The accumulated amount of BXP, along with other factors, will be used to determine airdrop rankings.
Eligibility Criteria For the Airdrop
You should need an invite code to claim the BXP airdrop. Finding an invite code is easy. Visit the official social media handles of Blackwing and go through the comments section to find someone to get an invite. Or, join the Blackwing Telegram community and ask for an invite code. One invitation code can only be used once.
Is This Airdrop Free?
No. This airdrop is for early users of a recently launched trading and staking platform. So you need to deposit an initial amount to get the benefits of the airdrop. The more you deposit, the more you will climb up the leaderboard.
Step-by-Step Guide to Claim the Airdrop
The steps involve registration, completing the tasks, and inviting users to the Blackwing platform. We will get into the details.
- Blackwing Onboarding
- To be eligible for any BXP, you must first complete the Blackwing Onboarding process. Visit the onboarding page.
- First login with your Wallet. Three Ethereum wallets will be available – MetaMask, Ronin Wallet, and WalletConnect. Connect any of them.
- Connect your Twitter (X)
- Follow certain accounts to complete the onboarding process. The accounts include Blackwing’s official account, their partner handles, and all.
- The Blackwing Airdrop Registration Process
- Visit the official site of Blackwing and click the Sign In button.
- Connect with the Ethereum wallet you previously connected. Otherwise, you won’t be able to connect to the airdrop campaign.
- Now the tasks, referral interface, and everything will be visible.
- Complete the Tasks
- Initial Joining Bonus: When you complete the first deposit, you will get around 50 BXP based on the deposited amount.
- Complete Testnet Trades: BXP will be rewarded to users who engage with Blackwing’s testnet. According to your performance on the testnet, you will receive a significant amount of BXP tokens.
- Deposit Yield: To encourage the earliest depositors, Blackwing has provided deposit yield for early access users. The users will automatically earn a yield on the assets they deposited. The yearly rate is determined by an inverse bonding curve based on the total BXP accumulated by all users
- The Galxe Missions: These are exclusive tasks that vary according to individual users.
- Complete Invites: Mere invitations won’t earn you this reward. The invited person should deposit at least 10 USDT or equivalent assets. We will get into invitation details now.
Boost Your Earnings With More Referral Codes
When your friend deposits 10 USDT, you will get only less amount of reward. But, when you and your direct invitees deposit more, you unlock more referral codes. Here are the rewards for bigger deposits:
- < $5000: Everyone who has deposited any amount in Blackwing, will get 10 unique referral codes.
- > $5,000: After you and your invitees deposit more than $5,000, you will have a total of 15 referral codes.
- > $25,000: After you and your invitees deposit more than $25,000, you will have a total of 50 referral codes.
- > $50,000: After you and your invitees deposit more than $50,000, you will have a total of 150 referral codes.
- > $100,000: After you and your invitees deposit more than $100,000, you will have unlimited referral codes.
How to Withdraw Your Earnings?
The early access campaign is live now, and the withdrawal announcements are not yet public. Most probably, you can convert the BXP you accumulated to any tokens you wish. Those who collect more BXP will be eligible for future rewards.
Airdrop Launch Date & Ending Date
The Blackwing airdrop campaign is live now, and the ending date is not yet confirmed.
Is Blackwing Trustable Airdrop?
The Blackwing project is backed by major crypto ventures, and it seems like a trustable airdrop. However, as this airdrop works by depositing your asset you must do your own research thoroughly.
Final Thoughts
As a DEX abstraction layer, Blackwing has huge potential to grow in the future. But it all depends on the quality of users like us because it is governed by a decentralised process.
As a platform in its initial stages, Blackwing will offer you rewards that will never come again. This is your chance to participate in the airdrop. But, I repeat, verify their trustworthiness first by yourself before investing. Thank you, and good luck.
