Airdrop Alert 🚨: DeBank can make you go -> 🤑
Step by Step guide for DeBank airdrop
What’s up Hunter’s! Another week and another Airdrop in your inbox. Today we cover the potential airdrop for DeBank, this letter covers all the information and step by step guide.
About Debank
DeBank is a decentralized finance (DeFi) dashboard that allows users to track their DeFi assets across multiple platforms. It also provides insights into risk and performance, and allows users to manage their DeFi portfolios more effectively⚡
DeBank has a number of features that make it a valuable tool for DeFi users, including:
Asset tracking : DeBank allows users to track their DeFi assets across multiple platforms.
Risk assessment : DeBank provides insights into risk and performance, including liquidation risk, impermanent loss, and gas fees.
Portfolio management: DeBank allows users to manage their DeFi portfolios more effectively. This includes features such as asset rebalancing, stop-loss orders, and yield optimization.
Web3 SocialFi : DeBank has messaging features using which you can communicate with other wallets, they also have a stream tab which is similar to twitter but can be used with just your wallets.
You can track one of our wallets where we are undertaking a $100 to $5000 Airdrop🔥 Challenge :- Our DeBank Profile
(Visit the Crypto Cult twitter to know more about the challenge)
As we can see Debank is the leading defi asset tracking platform and also has the potential to become a major player in decentralized social media in the future, one of the reasons being their Strong Backers.
Backers & Funding
DeBank has raised a total of $25 million✨ in funding from a single round, which was led by Sequoia China. Other backers include Dragonfly Capital, Coinbase Ventures, Crypto.com Capital, Circle, and Ledger
This funding round valued DeBank at $200 million 🔥
DeBank’s backers are a mix of venture capital firms and crypto companies. This suggests that it is seen as a promising DeFi startup with the potential to disrupt the DeFi market.
We have statistically seen many projects invested by Coinbase Ventures do Massive Token Airdrops, many people are anticipating one for Debank too!
Let’s explore the Platform and discuss the most probable Airdrop criteria’s…
Airdrop Criteria + Tasks
1. Account Creation
Go to :- https://debank.com/
Click on “Log in via web 3 wallet” and connect your Metamask.
Verify you address by solving the captcha and signing a transaction in your wallet, now you will be able to see all the assets in you wallet.
2. Connect Email and Twitter
Go to :- https://debank.com/settings
Simply connect your email and Twitter
Verify them..
Note : Only Wallets holding $1000+ in assets or holding Web3 ID(discussing later) can add Twitter
3. L2 Account
Go to :- https://debank.com/account
Create a L2 account in any network, for example Polygon
Deposit some $USDC
Which will be used as gas fee for performing transactions inside the debank ecosystem, like messaging
4. Messaging
Search any address on the search bar for example the wallet I provided above, follow and go to “say hi”
Now you can send them a message in exchange for some fee
5. Set NFT as profile picture
Simply go to your own profile or “Home” go tour you face icon
Click on edit
Select any NFT and save
Also add a bio (Web3 ID required)
6. Badges
Go to :- https://debank.com/badge
Mint any badge you are eligible for..
7. Write a post
Go to :- https://debank.com/stream?tab=hot
Click on New post , and write a post
Also Comment under other posts and retweet other posts making your account active, and more eligible for potential Airdrop
8. Bundle feature
Go to :- https://debank.com/bundles
Use the bundle feature to group different addresses you want to keep track of, these can be whales, genius traders, hackers ,etc.
✅All Basic Tasks are done!
You can definitely explore more on you own, Now let’s come to the most important Airdrop criteria Web3 ID which costs $96 to mint..
Is Minting a Web3 ID worth it?
Ultimately, the decision to mint a Web3 ID and participate in the DeBank airdrop should align with your overall crypto investment and participation strategy. If you believe in the project and ecosystem, and the potential rewards outweigh the initial cost, it may be worth it for you. However, always approach cryptocurrency investments and activities with caution and thorough research.
Hope it was worth your time! Keep Hunting until the next drop
Todays Newsletter was Brought to you by : Kartik Goyal
Edited by : Geek Jayant
