Botanix Labs Airdrop Guide: How to Receive Botanix Lab's Airdrop

Empowering Traders 2024-08-27 12:35:23

 

What is Botanix Labs?

Botanix Labs is pioneering the infrastructure needed to transform Bitcoin from the best money ever created into a programmable layer that will form the foundation of future finance. Botanix Labs is developing the first fully decentralized EVM-equivalent Layer 2 on Bitcoin, combining the ease and versatility of the Ethereum Virtual Machine (EVM) with the decentralization and security that Bitcoin offers.

 

By leveraging Bitcoin's Proof-of-Work (PoW) as a Layer 1 for base settlement and decentralization, Botanix will implement a Proof-of-Stake (PoS) consensus model. In this model, stakes (represented by bitcoin) are securely stored on the Spiderchain, a distributed network of decentralized multisigs safeguarded by a randomized subset of participants. This design allows anyone to stake their bitcoin on Bitcoin, enhancing both security and decentralization.

 

Step-by-Step Guide to Participate in the Botanix Labs Airdrop

 

 

Task 1: Preparing for the Testnet

Begin your journey by visiting the Botanix Labs website and connecting your wallet. After connecting, you'll need to add the Botanix test network to your wallet. This setup is crucial for participating in the testnet activities. Once your wallet is ready, complete a captcha, verify your email, and request test tokens (botanix.5thweb.io). These tokens will be needed for interacting with the Botanix network. You can request test tokens to your Bitcoin wallet (such as Xverse or Unisat) using one of the available faucets.

 

Task 2: Participating in the Botanix Testnet

Once you have your test tokens, the next step is to bridge some funds into the Botanix network using the official bridge (bridge.botanixlabs.dev). Begin by copying the signet address provided and send sBTC from your Bitcoin wallet to this address. After the transaction, copy the transaction ID (Txid), paste it into the designated field on the Botanix bridge interface, and click "Verify."

 

Next, head over to Avocado Swap, connect your wallet, and start making swaps on the Botanix network. After trading, go to the Liquidity tab and add liquidity to one of the available pools. These actions help you engage with the network and gain experience using its features. Once you’ve completed these steps, don’t forget to provide your feedback by filling out the testnet feedback form, which is essential for the development of Botanix.

 

Task 3: Minting NFTs on Botanix

Botanix Labs occasionally releases NFTs on the test network (botanixlabs.xyz/en/nft-drop). It’s highly recommended not to skip these opportunities, as they may come with future rewards. To mint an NFT, visit the Botanix website, connect your wallet, and click the "Mint" button. This simple action could potentially earn you unique rewards down the line.

 

Task 4: Engage with Botanix on Galxe

Botanix Labs also runs a campaign on Galxe (app.galxe.com/quest/botanixlabs). Although there is no official information about rewards at the moment, the Botanix team may announce the conversion of points earned in this campaign into project tokens in the future. To participate, visit Galxe, connect your wallet (or social account), and complete the tasks to earn points. Staying active in this campaign could position you for future rewards.

 

Conclusion

By following these steps, you can actively participate in Botanix Labs' development and position yourself for potential future rewards, including airdrops. Engaging with the testnet, minting NFTs, and completing tasks on Galxe will help you maximize your involvement and potential benefits as Botanix Labs continues to innovate within the Bitcoin ecosystem.

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