Lumerin is an ecosystem of multiple Web3 apps. More users are surging to the platform because of its nuanced technique to turn hashrate into a marketable commodity. This may end up in an airdrop soon.
In this article, we will delve into the details of the potential Lumerin airdrop, including a step-by-step tutorial to claim the LMR tokens. Also, we will go through the benefits of the airdrop, eligibility criteria, withdrawal process, and more.
Let’s start.
What is Lumerin?
Lumerin is a decentralized protocol primarily used for trading Bitcoin hashpower. It acts as a hashpower marketplace and provides the miners with a better market to earn with their hashpower.
Hashpower marketplace means a protocol for routing and trading data streams. As a routing protocol, Lumenin is routed through blockchain technology making it easy to control the data flow.
The LMR Token
LMR is the native token of the Lumerin protocol. It is used for governance, voting activities, and transaction gas. LMR acts as the backbone of the Lumerin ecosystem. Here are some more details:
| Token Ticker | $LMR |
| Contract Address | 0x4b1d0b9f081468d780ca1d5d79132b64301085d1 (Ethereum ERC-20) |
| Total Supply | 1,000,000,000 LMR |
| Market Cap | $10,953,434 |
Eligibility Criteria For the Airdrop
The airdrop campaign is not yet live. So, we don’t know more about the eligibility criteria to participate in the Lumerin airdrop. But, here are the usual eligibility criteria for the airdrops:
- You must be 18 years of age to join the airdrop.
- You shouldn’t use any VPN to access the airdrop.
- Those who cheat will be terminated immediately.
Is This Airdrop Free?
Yes, the airdrop will be completely free. However, sometimes you have to pay the gas fee for the transactions. There won’t be any hidden charges other than the transaction fees.
Step-by-Step Guide to Claim the Airdrop
The Lumerin airdrop campaign may include the usual airdrop tasks. This includes some quests and social media tasks. Let us get into the details.
- Visit Lumerin Platform: First, visit the official website of Lumerin and navigate to the signup page.
- Connect the Wallet: After reaching the signup page, connect your wallet. You can connect any of the wallets. But major wallets like MetaMask and Phantom are preferred.
- Signup Process: Give your email address and verify it. Create a username. Also, enter more personal details and complete your profile.
- Complete the Major Tasks: Engage with the Lumerin ecosystem and complete some tasks. This may cost you some gas fees. Usually, the airdrop tasks take only minutes to complete.
- The Social Media Tasks: The social media tasks involve liking and retweeting Lumerin network’s pinned tweet, following their Twitter (X) handle, and more. Here is a detailed list of potential tasks:
- Follow Lumerin Network’s official Twitter handle.
- Join Lumerin Network’s official Discord server.
- Follow Lumerin Network’s Telegram Announcement Channel.
- Join Lumerin Network’s Telegram community.
How to Withdraw Your Earnings?
After the end of the airdrop campaign, the LMR token will be sent to your wallet. You can connect your wallet to decentralized exchanges like Uniswap to swap the tokens for ETH. LMR is listed on major exchanges like Gate.io, KuCoin, and BitMart. You can send the tokens to these exchanges and cash out.
Airdrop Launch Date & End Date
As we covered earlier, the final confirmation of the launch date and end date is yet to come. Do follow the Lumerin Foundation’s newsletter, blogs, and social media handles to stay updated with the key dates.
Final Thoughts; Is This a Trustable Airdrop?
Lumerin is a trustable platform with large-scale adopters. The network is regularly used by crypto professionals and hashpower experts. Also, Lumerin is backed by major crypto ventures. Lumerin is not a bogus platform, and an airdrop campaign from Lumerin is equally trustable.
Nevertheless, do your research thoroughly before accessing the airdrop campaign. Go through Lumerin’s whitepaper, docs, and blogs for a clearer picture. Don’t trust any Web3 ventures blindly. Be vigilant and proceed with caution. DYOR! Good luck.
Read more: How To Claim Ethena Airdrop? Eligibility, Launch Date (listing date)
