Engage in the Base ecosystem by swapping, providing liquidity and minting NFT's for a chance on a potential airdrop!
Base Mainnet
Progress mission: 0 of 13
Rewards
Rewards
TBA
Past rewards
$1,100 $15,000
Details
Minimal cost
~$20
Minimum deposit
$2,000
Time required
30 min.
Category
Mainnet
Rating
9/10
Risk
Low
This opportunity is interesting for several reasons. Lots of ETH is moving to Base, averaging 0.6 ETH per user. This means that by bridging a similar amount you would be able to be in an average users position in terms of airdrop.
Base collabed with platforms like Sound.xyz and Zora, offering NFT-oriented activities to boost your transaction volume. This might help you get the potential airdrop.
But, there are uncertainties. No official token has been announced, and being US-based, Base might face regulatory issues affecting token rewards.
The amount of funds that you need in the Base opportunity is mostly withdrawable - the amount you bridge and provide liquidity with. The rest of the costs include transaction fees, which aren’t high on the Base chain.
Pros & Cons
Why is it worth it?
Coinbase Involvement
Participation might be valuable due to direct ties with Coinbase, a leading player in the market.
Simple Missions
Current activities, like bridging to Base and NFT mints, are easy to complete.
Potential Listing
The possible Base token could be listed on Coinbase, exposing it to a vast user base of 110 million.
Risks to consider
No Official Token
Without confirmed token announcements, efforts could be fruitless.
Regulatory Issues
Being US-based, Base might face legal challenges in token issuance, which could restrict rewards.
Required Funds
In order to be above an average user, you need to use around $2000 for this opportunity.
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 maximize your chances of benefiting from this opportunity.
- ETH Bridging to Base: Data from Dune Analytics shows that more than 200,000 ETH has been transferred (bridged) to Base by 342,000 users. This means, on average, each user bridged about 0.6 ETH.
- Fitting into the Average: Bridging around 0.6 ETH to Base would place you in the category of an average user in terms of the amount bridged.
- Providing Liquidty: You can provide liquidity on DEX’es available on Base. Doing so might help in eligiblity for a potential airdrop, as this was the case for zkSync.
- Combining with other projects: You can merge this opportunity with activities on Sound.xyz or Zora.