MetaMask may offer users an airdrop

Key Points:

• MetaMask is devising an airdrop strategy by taking a snapshot of user transactions.
• Users must conduct transactions on the dApp in order to participate in the airdrop.
• To participate in the airdrop, you must have at least four txns and a $1,000 volume.

The crypto community has been paying attention to recent airdrop events. The number of users on the network significantly increased, especially after the airdrop was carried out by Ethereum’s top layer 2 layer. As a result, other DeFi projects value their airdrop plans to encourage more participants. MetaMask, the world’s most popular DeFi wallet, recently hinted at an airdrop for users in the coming year.

@serpnofomo, CEO of the NFT DegenScan project, spread this rumor. In a snapshot of user transactions, he stated that MetaMask is developing an airdrop in first quarter 2024.

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According to the snapshot, in order to receive the MASK airdrop, a wallet must have made at least four transactions with a minimum transaction volume of $1000. https://twitter.com/serpnofomo/status/1640098129826521095 If MetaMask issues a token, MASK is considered a token symbol. Due to the dominance of this dApp platform over other crypto wallet platforms, this is a fairly straightforward condition. The execution of the condition is viewed as in any case basic.

Although it’s just a rumor, @serpnofomo claims this is a pretty solid “signal”:

“The source is a trusted insider; however, there is no official announcement,” he said.

MetaMask is currently connected to a number of blockchains, including Ethereum, BNB Chain, Polygon, Avalanche, and Solana, making it simple to move assets between chains on wallets. However, it should be noted that gas fees require a certain amount of tokens, such as ETH, BNB, and SOL.

Users can swap tokens on the wallet in addition to making requests, but this is more expensive than other dApps.

During the DeFi summer of 2020, well-known DeFi platforms like Uniswap and 1inch have provided a supply of tokens to the project’s early supporters. For users of various dApps, giving away free tokens to community members has proven to be very profitable.

One possibility that MetaMask—one of the most important DeFi applications—may also be issuing tokens to its user base has been fueled by this pattern. Although no launch date has been set, the company has recently confirmed that it is still developing a token and airdrop strategy.

The majority of Ethereum-based DeFi apps prefer MetaMask, which has more than 20 million monthly active users. Notwithstanding wallet administrations, it gives trades, which empower clients to exchange tokens from wallets. This may imply that there will be a lot of FOMO once the MASK cryptocurrency is officially issued.