As the Route Protocol entered a new phase with their announcement of ROUTE 2.0, there is a strong chance that they will start an airdrop soon. One possibility is that it will be in the form of a Testnet Airdrop. All experienced crypto enthusiasts and beginners can participate in the testnet.
In this article, we will look into what is Router Protocol, what Testnet airdrops are, and how to claim this exciting airdrop. Also, we will discuss the eligibility, benefits, trustworthiness, and more.
What is Router Protocol?
Router Protocol is a platform that allows the native blockchains to communicate and build IDAPPS. IDAPPS are interoperable DAPPS that allow multiple platforms to interact in a secure way. For the next few months, they will be testing their 2.0 platform. That is why, there is a strong possibility that the upcoming airdrop of Router Protocol will be in the form of a Testnet.
What is Testnet Airdrop?
Usually, blockchain projects involve a test phase before the official release of the platform to the public. They need users like us to test the project and give them valuable suggestions and errors. Crypto projects will invite people to their Testnet, which is an identical copy of the mainnet. People can log in and engage in the testnet with test tokens for a while, resulting in an assured reward.
Meanwhile, the core team will evaluate the Testnet data to release the mainnet by correcting all the issues and executing the suggestions. Usually in all testnets, you just have to do some basic tasks within the user interface for a while to claim real tokens or NFTs.
The ROUTE Coin
ROUTE is the native coin of Router Protocol. Four months ago, 60% of the community users voted for the ROUTE 2.0 Proposal. The proposal comes with significant changes in the tokenomics. The major change is that 10 million new ROUTE tokens will be added to the total supply. Here are the details of the new tokenomics:
ROUTE Tokenomics
| Token Ticker | $ROUTE |
| Total Supply | 1,000,000,000 (previously it was 30 million.) |
| Bucket | Inflation % | Description | Tokens | Vesting Schedule |
| Ecosystem Grants & Community Incentives | 30% one-time | To ensure that they can support the builders in their ecosystem. | 6,000,000 | Cliff for the first year after the token generation event, and then quarterly vesting over 5 years. |
| Router Foundation | 15% one-time | To ensure the treasury is well-equipped for the long term. | 3,000,000 | Cliff for the first year after the token generation event, and then quarterly vesting over 5 years. |
| Core Contributors | New team additions and commitments will be there until 2029 | 1,000,000 | Cliff for the first year after the token generation event, and then quarterly vesting over 5 years. | |
| Staking & Validator Rewards | Annually proposed inflation for rewarding validators and stakers. | Will be minted as per actuals. | Perpetually / Till required starting from the token generation event. |
Is this Airdrop Free?
Yes! It is 100 percent free and easy to use. To qualify for the free airdrop, you shouldn’t miss any of these tasks mentioned in the step-by-step guide below.
Step-by-Step Guide to Claim the Airdrop
- Visit Airdrop Page: First visit the official website of Router Protocol and navigate to the Testnet login.
- Connect the Wallet: Connect any of your wallets. If you don’t own one you’ll be guided through the wallet creation process generating a new private key. Keep the private key in a secret and safe place to secure the wallet.
- Add Test Tokens: Accumulate ROUTE 2.0 test tokens in your wallet.
- Complete the Tasks: Fill in your profile details and complete the tasks in Attributes, Skills, and Goals.
- Mint: Start minting according to the instructions.
- Social Media: Join their discord and Twitter handles, and complete other tasks if any.
- Interact: Run through the Testnet interface and complete the assigned tasks. Also, suggest new features, find important technical issues, and errors, and provide your valuable feedback.
How to Withdraw the Earnings?
Based on your performance in the Testnet, you’ll receive mainnet ROUTE tokens in your wallet as a reward. You can convert them for stablecoins or you can HODL.
Launch Date of ROUTE 2.0
The official launch date is yet to be announced. Follow their blogs, social media handles, and communities to know the launch date announcements.
Key Benefits of Participating
The first 1000 participants will get a cumulative total of 5000 credits. Also, being a community member you can earn additional credits, and there is a strong chance for this project to rapidly increase their market cap. So it will be a great asset for you in the long run.
Launch Date
The new tokenomics will take effect after the Router Chain mainnet launch, which is targeted for the Quarter of 2024. The Quarter 3 airdrop will be announced shortly through their official Twitter handle and website announcements. Visit the site and social media regularly to become one of the first participants in the Testnet airdrop.
Conclusion
The Router Protocol testnet airdrop is one of the most important drops of this quarter. It may consume your time and energy but definitely great rewards will be there. Follow the Router Protocol to know the exact date of the airdrop.
Router Protocol has a name of its own, but DYOR! Analyze any projects before engaging with them. Proceed with caution. Thanks, and good luck.
Read more: How To Claim UXLINK NFT Airdrop; Eligibility & Launch Date
