Perform swaps and provide liquidity on Ambient Finance for a chance on their potential airdrop!
Ambient Finance
DeFi
Ambient Finance
Progress mission: 0 of 4
Rewards
Rewards
TBA
Past rewards
$800 $15,000
Details
Minimal cost
~$100
Time required
25 min.
Category
Mainnet
Rating
6/10
Risk
Medium
Joining Ambient Finance could be a good choice. They focus on governance and plan to build their platform with the community. Like other DeFi projects, they might also reward early users with a governance token later.
The platform is made by a skilled team, including founder Douglas Colkitt. They've received $6.5 million from top-tier investors like Circle. This funding makes the project more reliable and legitimate.
Your main task should be to use the platform, increasing your transaction volume and count.
While participating in the Ambient Finance opportunity you will need around $500 that will be used to generate volume. This means that you won’t need to spend it - just use it as a means of generating volume. You will, however need to spend money on transaction fees while generating the volume.
You will also need to deposit funds for liquidity provision, these are withdrawable at all times though.
Pros & Cons
Why is it worth it?
Token Potential
No current token, hinting at possible future governance token issuance. Their community-focused development supports a decentralized approach.
Good Funding
Raised $6.5 million from leading investors, indicating strong support.
Risks to consider
Complex Use
Navigating Ambient Finance and its airdrop farming can be challenging for newcomers.
Security Risk
New technology carries risks of dApp exploits, requiring cautious participation.
Funds Commitment
In order to participate and have a higher chance for a potential airdrop, you need to use around $500 to generate volume.
How to participate?
Every opportunity has its own rules. Following these closely can significantly increase your chances of qualifying for rewards. Here’s a list of recommendations from our team to help maximise your chances of benefiting from this opportunity.
- Trade on Ambient Finance dApp: To improve your chances of getting a potential airdrop, use the Ambient Finance decentralized app (dApp) for trading. Increasing your trading volume and the number of transactions (Tx count) on this platform can be beneficial.
- Liquidity Provision: You can provide liquidity on Ambient Finance, as doing this proved to be valuable for the zkSync airdrop eligibility.
- Explore Different Networks: Ambient Finance operates on multiple networks. By using all of these different networks, you can enhance your overall activity level on the platform.