Cytonic, a Layer 1 blockchain, has announced the official launch of its testnet, introducing an innovative decentralized platform that integrates multiple Virtual Machines (VMs), including Ethereum’s EVM and Solana’s SVM.
Cytonic has announced an airdrop event associated with the launch of its native $CYTO cryptocurrency. The token distribution event is planned in multiple phases, with the initial phase estimated to span approximately six months, concluding with the mainnet launch. Subsequent phases will be conducted on-chain, focusing on promoting the growth of the Cytonic ecosystem.
This article will cover the key details about Cytonic blockchain, its upcoming airdrop event for the CYTO coin, steps to participate in the event, and the eligibility requirements. Let’s dive in.
What Is Cytonic?
Cytonic is a Layer 1 blockchain platform that stands out for its approach to blockchain interoperability, enabling seamless integration across multiple blockchain networks and protocols. The platform has already raised $8.3 million in seed funding, co-led by major investors Lattice fund and Lemniscap. Cytonic is designed to break down the barriers between different blockchain ecosystems to make cross-chain transactions a seamless experience.
The platform features effortless onboarding for DeFi protocols, including those from non-EVM ecosystems, while maintaining compatibility with existing developer tools and wallets. This capability ensures that users can uphold their preferred security measures while accessing a broader range of blockchain services. Cytonic stands out due to its approach to creating highly interoperable applications. Developers can build applications that function seamlessly across all supported ecosystems, transforming user engagement with blockchain technology.
Cytonic Airdrop Details
The Cytonic airdrop is an opportunity for early contributors to the project, including users and developers, to earn $CYTO coins as a reward. The event is designed to reward users and help bootstrap the initial value lock on the blockchain and expand the ecosystem. The campaign is strategised to unfold over several rounds, each with different conditions. The first phase will last for approximately 6 months and will end with the Cytonic mainnet launch. The subsequent phase will run on-chain and focus on the growth of the Cytonic ecosystem.
Cytonic offers a list of audited contracts deployed across multiple blockchains. Users can deposit supported tokens into these contracts, which will earn CYTO rewards throughout the airdrop campaign. These rewards can be utilized within the airdrop application.
Energy is the primary token used during the airdrop campaign. It is earned based on the deposited value on any supported chain and accumulates continuously, with updates occurring every hour. Energy can be earned by completing tasks and claiming their associated rewards.
The airdrop comes with some features:
- No vesting: All airdrop participants will receive their full allocation at the token generation event (TGE).
- Large token supply: The platform has allocated up to 25% of CYTO coin’s total token supply for contributors, distributed in multiple airdrop epochs.
- No compromises: No unexpected changes will be made that will harm the community.
- Maximum security: The airdrop event has been thoroughly audited and reviewed by industry experts.
How To Be A Part Of Cytonic Token Airdrop?
Now that you know the details about the Cytonic airdrop, here is a guide on how to participate in the event and earn CYTO token:
- Select preferred Layer 1: Go to Cytonic and choose between Cytonic Ethereum and Cytonic Solana. Opt for the Layer 1 of your preference.
- Set up your wallet: use Metamask or other compatible wallets that support EVM chains. Once you have registered your wallet, add the Cytonic testnet.
- Claim test tokens: Claiming test tokens is necessary to interact with the testnet and earn rewards. You can visit the Cytonic faucet to claim testnet tokens.
- Earn Airdrop Rewards: Cytonic provides a reward airdrop scheme, where you can earn Energy, Flames, and Chests through different tasks. Your airdrop allocation is determined by earning energy. You can win Flames and other rewards using your earned Energy tokens. You can obtain and open Chests that contain Energy, Flames, and Lottery Tickets. You can also earn points by sharing referral links.
- Track your progress: You can check the progress of your achievements and your rewards through the Cytonic Airdrop App.
- Claim the tokens: Those who participated in the event will receive the airdropped CYTO tokens with no vesting period during the Token Generation Event (TGE).
Eligibility Criteria For Cytonic Airdrop
To meet the eligibility criteria for the Cytonic Airdrop, you just need to be an active participant in the Cytonic testnet by creating an account on the Cytonic platform, linking your EVM wallet, participating in the liquidity provision on designated pools, and completing tasks, such as, following their social media accounts and sharing promotional content.
Key points to be eligible:
- Create a Cytonic account: Visit the official website of Cytonic and register your account by creating a new one or by signing in to an existing account.
- Connect your EVM wallet: After registration, link your account with a compatible Ethereum or Solana wallet.
- Participate in liquidity pools: Earn “Energy” to use for further engagement by providing liquidity to designated pools on the Cytonic platform.
- Engage with the testnet: Explore and engage with the testnet by requesting test tokens from a faucet.
- Social media activity: Follow and share the accounts and content of Cytonic’s social media platforms.
Conclusion
This Airdrop event is the right opportunity for the people who participated in the early stages of the Cytonic network to earn incentives and rewards. It also creates awareness of the CYTO token’s future launch on major exchanges and the project as a whole. Users can expect significant gains from future airdrop events as Cytonic will have considerable demand.
While airdrop events do not require you to spend any money for participation, but there are many safety measures to consider before you proceed. Remember to always stay updated on the latest developments surrounding Cytonic by following the project’s official social media channels and joining community forums. Do not forget that market conditions change on a daily basis, depending on geopolitical and macroeconomic events.
