Blackwing and Initia will be launching their incentivized Testnet soon. Blackwing is currently running an 2-in-1 airdrop, participants can earn rewards by completing tasks. Here is our Blackwing x Initia double token airdrop guide.
What is the Project?
Blackwing is a margin trading protocol built on Initia, a network for interwoven rollups. These projects aim to address data availability issues and scalability challenges faced by Layer 1 blockchains.
Blackwing – a modular blockchain for margin trading built using Initia. It allows users to trade any asset natively by low fee and fast execution, without the risk of liquidation. It offers liquidation-free leverage trading for a wide range of assets, focusing on those with high growth potential.
Initia – a network for interwoven rollups, solving fragmentation issues in modular blockchains. They have recently secured a $7.5m seed fundraise led by Delphi Ventures and Hack VC. Initia is also backed by Binance Labs.
Step-by-Step Guide:
1. Complete the onboarding task
Visit Blackwing’s website, you will need an invite code to get into Blackwing. Here’s a few you can use:
https://blackwing.fi/stkeaq
https://blackwing.fi/safav7
https://blackwing.fi/pmcowe
https://blackwing.fi/jgyzvu
https://blackwing.fi/ajt67i
2. Sign up and complete tasks
Connect your X account and optionally your email, join their telegram and sign up for the airdrop. Note you should complete all the tasks in order to get the maximum number of Blackwing XP points.
3. Deposit on Blakcwing
Depositing $USDC and $wETH on BSC, Arbitrum, or Ethereum Mainnet will further enhance your participation. We recommend Arbitrum network as this costs the least gas fees. Then choose the type of asset you wish to deposit and the amount. You will earn 11 Blackwing XP points for completing this task.
4. Share invite code
Go to “Earn” at Blackwing to find your invite codes and share it with your friends. You will earn 10 Blackwing XP points for each invitee that deposits at least 10 USD worth of crypto assets. You will also get an additional 10% of your 1st degree invitee’s BXP yield and 5% of your 2nd degree invitee’s BXP yield.
5. Complete Blackwing Galxe Tasks
Go to Blackwing Glaxe and complete the social tasks to mint OATs.
Both Blackwing and Initia’s testnet are set to be launched at the end of April, 2024. keep an eye on their social media accounts for the latest details of any launches as this will mean you can be the first ones to complete any Testnet tasks in order to get their potential airdrops.