Rivo just launched its Points Program which users will qualify for a token airdrop at TGE in Q4 2024 earliest. Rivo is a DeFi platform that combines a multichain smart-contract wallet with a DeFi marketplace. They are partners with some of the top DeFi protocols in the world including Yearn Finance and Beefy Finance. Some of the yield farming vaults offered by Rivo will also qualify users for other projects’ airdrops! Here’s what you need to know.
What is Rivo?
Rivo is a decentralized finance (DeFi) platform that integrates a multi-chain smart contract wallet with a DeFi marketplace. This combination utilizes account abstraction technology. Rivo’s ecosystem currently spans six different chains: Ethereum, Polygon, Arbitrum, BNB, Avalanche, and Optimism. Notably, Rivo has already partnered with top DeFi protocols, including Aave, Yearn Finance, Pendle, and Magic Internet Money.
Key Features
- Multi-Chain Wallet: Rivo supports Ethereum, Polygon, Arbitrum, BNB, Avalanche, and Optimism, allowing users to interact with multiple blockchain networks from one wallet.
- User-Friendly Technology: Simplifies complex wallet operations, making it easy for anyone to manage their assets and perform transactions.
- DeFi Marketplace: Offers a variety of yield farming and investment opportunities with strategies from leading DeFi projects.
- Top DeFi Partnerships: Collaborates with renowned DeFi protocols like Beefy Finance, Yearn Finance, Pendle, and Magic Internet Money (Abracadabra).
- Points Program: Earn points through activities like investing, swapping tokens, and completing tasks. Points determine your share of the upcoming airdrop.
- Immediate Token Distribution: All airdropped tokens will be distributed in full at the Token Generation Event (TGE), with no waiting period.
- Easy Onboarding: Sign up with a new Rivo wallet or connect your existing Metamask wallet easily.
- Referral Program: Earn extra points by inviting others to join Rivo.
- Founding Member NFT: Invest $1,000 in a yield strategy and hold for 14 days to get an NFT that boosts your points.
- Low Fees: Uses low-cost networks like Arbitrum to keep transaction fees minimal.
Rivo aims to make DeFi accessible and rewarding, offering a simple, integrated platform for earning and investing across multiple blockchains.
What Makes It a Top Airdrop?
Rivo’s airdrop stands out due to its extensive integration with leading DeFi protocols and its innovative points program. Additionally, Rivo has allocated 10% of its total token supply for the airdrop, with 100% of this allocation being distributed at the TGE, ensuring immediate availability without a token unlock schedule.
Airdrop Objectives
The main objectives of the Rivo airdrop are to:
- Increase user engagement and adoption of the Rivo platform.
- Reward early adopters and users of partner projects.
- Promote the use of Rivo’s DeFi services, including yield farming and swapping.
How Much Will Be Airdropped?
Rivo has confirmed that 10% of its total token supply will be allocated for the airdrop. This 10% will be fully distributed at the time of the TGE.
How Long Does It Take for the Airdrop to Complete Its Objectives?
The airdrop program will run until the TGE, which is expected to occur in Q4 2024 or Q1 2025. Users can earn points throughout this period, with no cap on the amount of points that can be accumulated.
Step-by-Step Guide to Get the Airdrop
1. Sign Up: Go to the Rivo platform and sign up by creating a new Rivo wallet or connecting your existing Metamask wallet.
2. Earn Points: Engage in various activities on Rivo to earn points. These activities include investing in yield strategies, swapping tokens, and participating in bonus tasks.
3. Yield Farming: Choose from various yield farming strategies available on the Rivo marketplace. For example, you can invest in the ETH liquidity pool offered by Beefy Finance.
4. Swapping: Utilize the swapping function to exchange tokens across different chains. Arbitrum is recommended for its low network fees.
5. Referral Program: Refer friends to Rivo to earn additional points.
6. Monitor Your Progress: Keep track of your points and ranking on the leaderboard. Aim to maximize your points by frequently participating in new tasks and strategies.
7. Bonus Tasks: Complete regularly updated bonus tasks announced on Rivo’s Discord and Twitter channels.
8. Zealy Campaign: Participate in the Zealy campaign by creating content related to Rivo for additional points.
9. Founding Member NFT: Invest at least $1,000 in any yield strategy and hold the position for 14 days to mint the Founding Member NFT, which provides a percentage boost in points.
