If you’re looking to farm a Testnet airdrop for free with the goal of earning at least a thousand dollars, there is one project right now that you can farm: Morph. In this blog post, we’ll briefly discuss what Morph is, what they’re building, and why their high valuation is a very good opportunity for airdrop farmers. Moreover, we will provide a step-by-step guide on how to interact with the Morph Testnet airdrop campaign.
As a reminder, none of this is financial advice. It’s purely for educational purposes.
What is Morph Building?
Morph is developing an Ethereum Layer 2 solution that merges optimistic roll-ups and zk technology. This innovation is one of the first happening in the Layer 2 space. Morph focuses on retail consumers, which means many applications they build cater to everyday people. This focus can lead to some unconventional yet engaging applications.
Morph’s Funding and Valuation
Morph has successfully raised $20 million from prominent investors like DragonFly Capital and Pantera, and other tier-one VCs. Current valuations suggest Morph is worth at least $110 million. Historically, projects with extensive funding tend to offer substantial airdrops. This background makes Morph a prime candidate for yielding high-value airdrop rewards.
Step-by-Step Guide
The Morph Testnet airdrop is live now and valid until 31 July 2024, so act fast!
1. Claim Testnet Tokens
- Holesky ETH: Obtain Testnet tokens on the Holesky PoW Faucet by pasting your Ethereum address. Before that, make sure your ETH address has at least 2 Gitcoin Passport score. Please visit Gitcoin Passport to increase your passport score.
- Holesky USDT: Acquire USDT from their Discord Faucet channel by typing in “
/faucet"
and your ETH address.
For more details about Wallet Setup, Faucet and Bridge, you may refer to Morph Step-by-Step Guides.
2. Earning Points
There are 3 main ways to earn points:
Part 1 – Interact with dApps on Morph:
Engage with various decentralized applications (dApps) built on Morph. Visit and interact with dApps listed on PART 1: DISCOVERY TRAIL:
- Morph Bridge: Use the testnet ETH and USDT to bridge assets over to Morph Holsky.
- BulbaSwap: Swap testnet tokens and provide liquidity in multiple combinations like ETH/USDT.
- Abra Finance: Supply USDT and enable it as collateral to borrow additional assets.
- Morpha.nft: Purchase NFTs using Panda tokens and check your dashboard for your acquisitions.
- RapChain: Generate AI rap lyrics by providing keywords, selecting a voice sample, and paying with ETH.
- Ping Pong: Claim and stake MGRT and MLPT tokens for point generation.
- T3: Open long and short positions on various assets and stake TMX/TLP.
- KlapAI: Create and mint AI-generated art on the Morph test net.
- StarlandAI: Lend idle GPU or CPU power for point generation.
- Owlto Finance: Use this as another bridge for testnet ETH.
- Kayak Finance: Swap tokens and provide liquidity for additional rewards.
Part 2 – Daily Check-ins and Voting:
Regularly check-in and vote for projects. Vote here. Click Daily Check-in and Open Mystery Box, then click “Vote Now“. Base on the Voting Power you have, you can allocate your vote to different dAPP projects.
Part 3 – Participating in Events:
Engage in partnership events at Galaxy Quests. 3 tasks are ongoing now. Complete quests for bonus points and minted NFTs that serve as multipliers or boosters.
Where will Morph Points be displayed?
Morph Points for season 1 earned through dapp engagement will be calculated and displayed under “Your Points” at the conclusion of the event, which is on 31 July 2024, along with the final tally of all points earned through all activities.
More details about Morph Airdrop by senior analyst, Angela Wang from Boxmining: