Bracket, a liquid staking DeFi protocol, has initiated Phase I of its liquidity program. Users can earn huge rewards in ETH and BARS (Bracket’s native token) by staking their tokens and completing the quests.
This article will be a step-by-step guide to participating in the airdrop campaign. Also, we will provide you with a withdrawal guide while discussing eligibility, benefits, key dates, and the trustworthiness of the airdrop.
Let’s start.
What is the Bracket?
The Bracket is a brand new liquidity staking protocol that launched on July 31st, 2024. With this ERC-20 protocol, you can stake your Liquid Staking Tokens (LST) and Liquid Restaking Tokens (LRT) to earn rewards. The rewards will be in Bracket’s native token BARS and in ETH.
Eligibility Criteria For the Airdrop
- You should need a Twitter profile and an Ethereum or Arbitrum wallet to register.
- There is no age limit to participate, but a fake Twitter profile is not recommended.
- Users who reside in the United States of America, Canada, the UK, and selected regions cannot join the Bracket Network.
Is This Airdrop Free?
The quests are free to participate in. There are no additional costs to complete the quests. But you should have some tokens in your wallet to stake. So, the staking tasks are not technically free to participate.
Step-by-Step Guide to Claim the Airdrop
The airdrop quests involve numerous steps but most of them are easy to complete. You just have to follow some profiles, like, and retweet. Here is the detailed guide:
- Access Bracket Quests: Visit the official website of Bracket.fi and navigate to the Quests tab on the top right corner of the interface. Click on “Start Quest”, and register your account.
- Connect Your Wallet: You can register via Twitter too. But first, let’s connect the wallet. The Bracket ecosystem supports Ethereum and Arbitrum chains. Click Log in via Wallet and choose the extension. You can connect with MetaMask, OKX Wallet, or Gate Wallet. Choose your wallet and approve the connection request. Verify the captcha, and the first quest is completed.
- Connect Twitter: In the Login and Follow to Earn section, click “Login” and it will redirect you to Twitter (X). Authorize the app and follow Bracket’s official handle. Come back and click “Confirm” to complete the task.
- Like, Repost & Comment: Click “Like” on the next quest and you will be redirected to the Twitter (X) post. Like the post and come back to verify. Also, complete the next quests by reposting and commenting. Don’t forget to confirm.
- Claim Invite Code: After completing all the tasks, you can claim the invite code. Click “Claim” to receive an invite code and 2500 BARS tokens.
- Additional Quests: The additional quests include joining various Telegram groups, channels, and Discord servers. Also, follow various Twitter (X) profiles. The rewards are approximately 4000 BARS.
- Staking: If you have assets in your wallet, you can stake them to earn rewards in ETH and BARS. Come back from the Quests page to the front page and click “Stake”. Enter your invite code to reach the staking pool. You can now stake your crypto to earn daily rewards.
Airdrop Launch Date & End Date
Phase I of Bracket’s staking airdrop launched on July 31st, 2024, and may go about 60 or 90 days. Then Phase II will begin shortly. You have plenty of time to engage with the airdrop campaign.
How to Withdraw Your Earnings?
As the airdrop campaign will go on for a month or two, the withdrawal procedure will be released only after that. Probably, the ETH and BARS will be directly credited to your account. You can HODL them or swap them through a CEX or DEX.
Is This a Trustable Airdrop?
Bracket is backed by Binance Labs. Binance Labs won’t back a fraudulent project. They always choose after deep research. However, it is important to be skeptical about all Web3 ventures. You can do your research to verify the trustworthiness of the platform.
Conclusion
Bracket Protocol seems like a promising project and it may increase its locked assets shortly. If the project becomes successful, then the market cap of BARS tokens will increase. So, it is better to participate in the airdrop to gran some free BARS.
Nevertheless, always proceed with caution. Read Bracket’s terms & conditions. Also, go through the whitepaper, blogs, and social media profiles to get a clearer understanding of the project. DYOR!
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