Be eligible for any potential rewards!
Li.Fi
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Updated:
Rewards
Rewards
TBA
Past rewards
$1,700 $9,600
Details
Minimal cost
~$70
Time required
10 min.
Category
Mainnet
Rating
5/10
Risk
Medium
LI.FI has raised a significant $23 million through two funding rounds. Notably, investors like Coinbase Ventures, who often back projects that distribute free tokens to early members, have contributed. This could be a positive indicator for LI.FI.
Participating in LI.FI 's opportunity is not time-consuming, making it potentially worthwhile. You can engage with their dApp, mint a loyalty pass, and take part in Li.Fi quests.
However, it's important to note that the LI.FI team has not guaranteed an airdrop.
Pros
Significant Investment
The project received a big $23m investment, showing a strong financial base.
Strong Backers
Supported by major players like Coinbase Ventures, known for airdrop strategies, suggesting a reliable backing.
Easy Participation
Joining this activity is quick and straightforward.
Cons
Mainnet Usage
Activities need real funds on the mainnet, which can be risky or costly for some people.
No Airdrop Guarantee
There's no official promise of an airdrop, leaving uncertainty about potential rewards.
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.
- Use Li.Fi Bridges: For some of your asset transfers, use bridges (for crypto and NFTs) that are part of the Li.Fi infrastructure. This helps increase the number of your transactions and the volume processed through Li.Fi.
- Engage with Li.Fi dApps: Find and use decentralized applications (dApps) that utilize Li.Fi infrastructure. Using these apps will further boost your transaction count and volume on Li.Fi.
- Join Li.Fi Questing Campaigns: Participate in Li.Fi's questing campaigns. Completing these quests often involves minting On-Chain Achievement Tokens (OATs) and NFTs, which are digital proofs of your participation.
- Consistent Participation Over Time: Maintain regular activity on Li.Fi. It's important to be consistently active over several months, rather than participating only once.
- Mint Li.Fi Loyalty Pass: Create your own Li.Fi loyalty pass. Continue to engage in various activities over time to enhance your score on the platform.
- Exercise Caution with dApps: Be aware that dApps can sometimes be vulnerable to hacks and scams. Always do your own research (DYOR) before interacting with any dApp, and approach new platforms with caution for your security.