Reactor protocol will soon unlock its airdrop event, with users earning free $RCT tokens based on their engagement with the platform during the testnet phase. The community airdrop incentivizes long-term participation through max-locked tokens. 10% of the $RCT tokens set aside to be distributed through the airdrop will be unlocked at the token generation event (TGE). 20% of the total veRCT will be locked for 6 months, 30% of the total veRCT will be locked for 12 months, and 40% of the total veRCT will be locked for 24 months.
12% of the initial supply of RCT tokens is allocated for the airdrop, of which 4% is set aside for engaged users from the Reactor protocol, 3% for engaged users from partner communities under Monad ecosystems, and 5% for engaged users from veTOKEN partner communities.
Reactor Protocol In Detail
The Reactor protocol serves the Monad blockchain as its central liquidity hub. It features a powerful liquidity incentive engine and a vote-lock governance model and provides a user-friendly experience. The protocol helps traders make transactions at minimal slippage and at low fees. Liquidity providers can add liquidity to the protocol and earn rewards. 100% of the protocol fees and incentives are set aside for the voters on the Reactor protocol.
$RCT utility and governance token of the Reactor protocol. $RCT tokens emissions have the objective of maintaining adequate liquidity to facilitate optimal trading conditions. The token holders can also participate in the decentralized governance of the Reactor platform and take part in its long-term development. You can lock your $RCT tokens to earn veRCT tokens. You can access the revenue of the protocol and participate in the platform’s governance through the veRCT tokens.
How Do You Earn Reactor Points To Participate In The Reactor Airdrop?
In this section, you will read about the ways to earn Reactor points, which will help you participate in the Reactor airdrop and get token rewards.
1. Set up a crypto wallet for Monad Testnet
- Install a wallet compatible with the Reactor protocol, like MetaMask, if you don’t already have one.
- Connect the selected wallet to the Monad Testnet.
2. Get Testnet Tokens
- Visit the Monad Testnet faucet.
- Connect your wallet to the faucet.
- Request MON testnet tokens. The token will be sent to your wallet in a matter of seconds.
3. Access Reactor Platform
- Go to the Reactor website.
- Connect your wallet to the platform.
4. Start Earning Points Through Swapping
- On the “Swap” section on the Reactor platform, select the tokens and the number of tokens you wish to swap.
- Confirm the transaction and pay the gas fee on the testnet.
- For every $5 worth of tokens swapped on the Reactor protocol, you’ll earn 1 Reactor Point.
5. Provide Liquidity to Earn Points
- On the “Liquidity” section on the Reactor website, choose a token pair from the following eligible liquidity pools.
- RCT/MON
- RCT/USDC
- RCT/ETH
- RCT/USDT
- MON/USDC
- MON/USDT
- MON/YAKI
- MON/CHOG
- MON/DAK
- MON/shMON
- Select the amount of tokens you want to provide as liquidity and confirm the transactions.
- Check if your points have accumulated on an hourly basis based on the USD value of your position.
6. Refer Friends to Multiply Your Points
- Visit the Reactor points dashboard.
- Generate your unique referral code.
- Share your referral code with friends and earn additional points when they use your referral code to join the Reactor protocol and do the activities.
- Track your referral earnings on the dashboard.
7. Monitor Your Progress
- Regularly check the Reactor points dashboard to track the points.
- Compare your status on the reactor testnet to that of other participants through the leaderboard.
- Adjust your strategy to include those activities that are earning you the most points.
How Are Reactor Airdrop Points Calculated?
You need to understand the method used by the Reactor protocol to calculate Reactor points so that you can tailor your strategies to earn maximum points. There is a facility to swap the points where you get 1 Reactor point for every $5 traded. You also get liquidity points for the liquidity you have provided to the Reactor protocol. These points are calculated and updated every hour. Moreover, you also get additional points when a contact you have referred joins the Reactor protocol and engages with it through various activities.
The Bottom Line
The Reactor protocol is at the testnet stage, and its airdrop is expected to happen soon after its TGE. The exact dates of the Reactor airdrop are yet to be announced. However, you should start engaging with the testnet at the earliest and consistently do all the activities to earn Reactor points, which will determine your share of the $RCT tokens at the Reactor airdrop.