Biztech

Menu
Airdrop

SatoshiVM (SAVM) Airdrop: How To Become Eligible To Claim $SAVM?

Eleanore O HattaBy 3 Mins Read
satoshivm price prediction

SatoshiVM is a decentralized zero-knowledge rollup (ZK), layer-2 scaling solution on Bitcoin that is also compatible with the Ethereum Virtual Machine (EVM).

The cryptocurrency project leverages Bitcoin for transactions and Ethereum for the network’s security and scalability. 

Recently, SatoshiVM launched its testnet phase and also announced there was going to be an airdrop for its native SAVM token. 

This article is a step-by-step guide on how to participate in the SatoshiVM airdrop and become eligible to claim the SAVM tokens. 

What is the SatoshiVM Airdrop?

The SatoshiVM airdrop for SAVM coins is a unique event where existing token holders will receive free additional tokens. Airdrops are a way for crypto projects to reward their dedicated community members. 

satoshivm Airdrop claim

The SatoshiVM airdrop is a truly unique event as it will deliver 500 USDT along with governance tokens that will grant the receivers a vote on prospective project choices. This event will be exciting for those who are part of community-focused initiatives in decentralized finance (DeFi). 

How to Join SatoshiVM Airdrop?

There are two ways in which you can obtain SAVM tokens, which are explained below. 

1. DappRadar

  • Visit the DappRadar website and check your eligibility for airdrops
  • Link your operational cryptocurrency wallet. Keep in mind that unused or new wallets are not eligible for the airdrop
  • Verify your participation in the airdrop from within your wallet’s interface
  • Verify the transaction and you will be redirected to a hidden SatoshiVM $SAVM airdrop page 
  • From that page, confirm the receipt of tokens in your wallet
  • Once the process is completed, the tokens will automatically be credited to your wallet

2. UniSat Wallet

  • Set up a UniSat wallet that supports BRC-20 and testnet tokens
  • Ensure that you create a native Segwit (P2WPKH) wallet. Once set up, securely store your seed phrase and switch to Testnet in the wallet’s settings
  • Acquire test BTC for your wallet by visiting coinfaucet.eu. Use the testnet wallet address for the transactions, which starts with ‘tb’.
  • Bridge your Bitcoin testnet tokens to the SatoshiVm testnet. Connect both your EVM wallet and your UniSat wallet to bridge the tokens. Note that this process could take a while. 
  • Visit the SavmSwap decentralized exchange (DEX), swap your BTC for SAVM, and add liquidity to one of the available pools
  • Now bridge Ethereum Sepolia testnet tokens with the same process using the SAVM bridge
  • Trial the testnet’s efficiency by performing several transactions, including withdrawals

Conclusion

The SatoshiVM (SAVM) airdrop is your chance to join a community-led token initiative that is seeking to develop a truly unique project in the blockchain sphere. By becoming part of this event, you also contribute to shaping the project’s future. 

This airdrop is more than just giving out free tokens. It also provides a chance for you to engage with the SatoshiVM governance and play a pivotal role in the project’s development. By staying knowledgeable and actively involved, you can optimize the benefits of this airdrop and other similar opportunities. 

Hailing from the bustling metropolis of Metro Manila, Philippines, Eleanore Hatta is BizTech Africa's trusted crypto news correspondent. With over a decade of experience as a content writer, Eleanore has honed her expertise in the world of cryptocurrency, with a keen focus on issues like the FTX exchange.

Add A Comment
Leave A Reply