Airdrop, Spotlight

YieldNest Airdrop: Check Your Eligibility To Participate

By Carl Vogel

YieldNest Airdrop

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YieldNest protocol is a liquid restaking protocol that will soon witness its airdrop event. The exact dates of the airdrop event are still undisclosed. YieldNest’s Loyalty Program is the key to earning the seeds, which are points that determine your share of the airdrop tokens. By earning free YND tokens through the airdrop, you can take advantage of the YieldNets protocol which delivers secure, high-yield strategies through easy-to-use AI-powered products, robust security, and continuous innovation.

Keep reading this article to learn more about the YieldNest airdrop and ways to participate in it. 

How To Ensure Your Eligibility For YieldNest Airdrop?

To become eligible to receive the YieldNest airdrop, you should collect seeds through the YieldNest’s Loyalty Program. You can restake assets in YieldNest products or join DeFi integrations to earn seeds. There are three qualifying seasons for the YieldNest season, the details of which are given below. 

  • Season OG (Epoch 1+2): Ended on August 20, 2024
  • Season 1: August 20, 2024 — October 22, 2024
  • Season 2: Started on October 22, 2024, ends at snapshot date (TBD)

The total accumulated seed points across all seasons will be taken into consideration while awarding you airdrop tokens. Through the YieldNest platform’s Seeds tab, you may confirm the total number of seeds you have accumulated.

Additionally, you also become eligible for YieldNest airdrop if you hold specific governance tokens or NFTs (Non-Fungible Tokens) from partner programs.

  • Llama NFT Holders: You must hold a minimum of 0.1 ynETH or ynETHx. 
  • StakeDAO: Holders of StakeDAO NFTs or veSDT can participate in the YieldNest airdrop, with a bonus allocation for veSDT voters on the ynETHx/WETH pool.
  • Curve: veCRV voters on the ynETHx/WETH pool are eligible for the airdrop.
  • Yearn: veYFI voters on the ynETHx/WETH pool are eligible for the YieldNest airdrop.
  • Convex: Locked CVX voters on the ynETHx/WETH pool are eligible for the YieldNest airdrop.
  • Spectra: Future veSpectra voters on the ynETHx pool can also claim the airdrop.
  • Thena: veTHE voters on BTCB/ynBTCk, enzoBTC/ynBTCk, or ynBNBx/BNB pools can claim the YieldNest airdrop.
  • Leviathan News: Holders of SQUID LP tokens on Fraxtal (via Curve/Convex) can hold the airdrop.
  • Nest AI: you can also claim the YieldNest airdrop if you hold a minimum of 10,000 NEST tokens.
  • Kernel: Users who restaked a minimum of $250 via Kernel can avail of the YieldNest airdrop.

How To Participate In The YieldNest Airdrop?

To participate in this airdrop, you have to select a cryptocurrency wallet and connect it to the YieldNest website. Next, deposit some amount of ETH tokens to the YieldNest restaked ynETH to start earning the seeds. On the earn page of the YieldNest website, checkout for ynETH DeFi integrations to earn even more seeds. You can invite your friends through your unique referral link to help them join the YieldNest platform, for which you will be rewarded with seeds. At the time of the airdrop, you will get rewarded according to the seed you have accumulated. Stay glued to the YieldNest website and follow the protocol on X to get updated news about the airdrop and participate in it. 

How To Claim The YieldNest Airdrop?

You can claim your YieldNest tokens through the airdrop after the airdrop window closes. However, the exact timeline as to when this will occur is not yet announced. To claim the airdrop, you should keep a cryptocurrency wallet connected to the YieldNest website. When the time comes, you can claim the airdrop tokens by simply visiting the airdrop claim page and clicking on the “Claim” button. 

After claiming the YieldNets airdrop, you can stake it to receive veYND, vote on incentive allocation decisions, and participate in the governance of the Yilednest protocol to earn additional rewards. 

The Bottom Line

YieldNest protocol is a profitable platform that offers secure, high-yield strategies through easy-to-use AI-powered products, robust security, and continuous innovation. The airdrop helps you earn free YND tokens based on your holding of various authorized assets. Make sure that you become eligible for the airdrop by collecting the maximum possible number of seeds, as your share of the airdrop is based on your seed holding. Keep a watchful eye for the latest updates regarding the YieldNest airdrop. 

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