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How to Participate in the Pell Network Airdrop
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- @airdropdecks
The Pell Network offers a testnet campaign, allowing participants to earn Core Ignition Sparks and Pell Airdrop Points (PAP). These rewards can potentially qualify users for future airdrops and other incentives. This guide will walk you through the steps to maximize your participation and collect rewards effectively.
Campaign Period
📅 November 11 - December 12, 2024
Step-by-Step Guide to Earning Airdrop Rewards
1. Social Onboarding and Initial Setup
- Join the Community: Make sure to follow Pell Network's social channels to stay updated.
- Visit the Galxe Quest: Start your journey on the Pell Network by completing social onboarding tasks. This will give you a head start in earning Core Ignition Sparks.
- Galxe Quest Link: Start on Galxe Quest.
2. Claim Testnet Tokens
- Step 1: Connect your MetaMask wallet.
- Step 2: Visit the following faucets to receive testnet tokens:
- Core Testnet Faucet: Core Faucet
- BNB Testnet Faucet: BNB Faucet
- Mantle Sepolia Faucet: Mantle Sepolia Faucet
- Step 3: Enter your MetaMask wallet address and request tokens.
- Step 4: Access Pell’s multi-chain faucet to claim tokens from various blockchains: Pell Faucet.
3. Daily Restakes on Pell Testnet
- Step 1: Go to the Restake section on Pell’s testnet site: Restake.
- Step 2: Connect your MetaMask wallet.
- Step 3: Perform daily restakes on all supported chains to earn rewards.
- Tip: Restaking regularly increases your participation score and earns more points.
4. Delegate Your Tokens
- Step 1: Switch to the "Operator" tab on the Pell Testnet.
- Step 2: Delegate your testnet tokens to the listed validators. This helps secure the network and earns you additional points.
5. Complete Galxe Tasks for Bonus Points
- Step 1: Visit the additional Galxe Quest tasks page: Galxe Tasks.
- Step 2: Complete all available tasks to claim more Pell Airdrop Points (PAP).
- Tip: Completing all tasks will maximize your rewards and increase your eligibility for future airdrops.
6. Engage with Intract Tasks
- Step 1: Visit Intract.io and complete tasks associated with Pell Network:
- Intract Task Links:
- Step 2: Complete all missions to collect more points and claim your rewards.
Understanding the Pell Network Ecosystem
What is Pell Network?
Pell Network is a decentralized, BTC Restaking Network, designed to extend Bitcoin's cryptoeconomic security to a wide range of Decentralized Validated Services (DVSs). It provides a robust and scalable platform for developers to build secure applications across multiple blockchains.
Pell Chain: The Core Blockchain
Pell Chain is a Proof of Stake (PoS) blockchain built on the Cosmos SDK and Tendermint PBFT. It achieves a fast block time of 5 seconds with instant finality, allowing for quick and secure transactions. Pell Chain’s architecture supports high throughput, capable of handling over 4000 transactions per second (TPS) in ideal conditions.
Key Components of Pell Chain:
- Validators: Validators are nodes that participate in consensus and secure the network. They earn rewards for validating transactions and maintaining the blockchain.
- Observers: Split into Sequencers and Verifiers, observers track external blockchain events and validate them on the Pell Network.
- Dynamic Hidden Committee (DHC): Ensures high security with privacy-focused verification nodes. It leverages a Ring VRF election algorithm to keep member identities anonymous, further securing the network.
Tips for Success
- Stay Active: Participate daily by restaking and completing tasks. Consistent activity will yield the highest rewards.
- Engage with the Community: Follow updates on Pell Network’s social media and participate in discussions to get hints and stay ahead.
- Diversify Participation: Take part in both Galxe and Intract tasks to maximize your reward potential.
By following these steps and engaging with the Pell ecosystem, you can earn valuable rewards and be well-positioned for future airdrops. Happy hunting!