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Malda XYZ Airdrop: Full Comprehensive Guide Testnet Airdrop | Risc Zero (Free)

Channel

AlphaDrop

20 days ago

Score: 900

The summaries and transcripts on this page are generated with AI technology and may not perfectly represent the content of the video. Please use the information as a guide only.

Executive Summary

Malda XYZ (Formerly Mendi Finance) - Unified Lending Testnet Airdrop

  • What it does: Malda XYZ, previously known as Mendi Finance, is a platform offering unified lending across multiple chains. It’s currently in public testnet phase co-hosted by Risk Zero, utilizing zero-knowledge technology. The core functionality revolves around supplying assets, borrowing funds, and repaying loans within a multi-chain environment.
  • Eligibility & Airdrop: The video emphasizes participation in the testnet to increase eligibility for potential future airdrops and NFT rewards. Completing tasks on Galaxy (see below) is crucial for boosting chances. The $52 million funding round suggests significant investor interest, potentially indicating a substantial airdrop down the line.
  • Tokenomics/Utility: While not explicitly detailed in the transcript, the platform facilitates lending and borrowing of assets across chains, implying a utility token could be used for governance, rewards, or access to premium features (not confirmed).
  • Participation Steps:
    1. Connect your wallet (MetaMask recommended).
    2. Claim testnet tokens using faucets: Linea Sepolia, Ethereum Sepolia, and Optimism Sepolia (links provided in the video description).
    3. Supply USDC (e.g., 100 USDC on each platform) – Approve and supply transactions.
    4. Add Collateral - Enable and approve collateral in your wallet.
    5. Borrow tokens – Enter amount, select destination chain, borrow across networks (repeat with WSTETH).
    6. Repay debt – Repay a small amount of debt across available networks, then withdraw USDC and WSTETH to any chain.
  • Deadlines: The video focuses on the current testnet phase; specific deadlines for airdrop eligibility are not provided but completing tasks quickly is recommended.

Galaxy Tasks (Malda XYZ)

  • What it is: A platform integrated with Malda XYZ, providing quests and tasks to reward users who engage with the project. Completing these tasks likely contributes towards increased eligibility for future airdrops.
  • Eligibility & Airdrop: Completing Galaxy quests is explicitly mentioned as essential for boosting chances of receiving an airdrop or NFT rewards from Malda XYZ.
  • Tokenomics/Utility: Not directly related to tokenomics, but completion may unlock exclusive access or bonus rewards.
  • Participation Steps: Follow the link provided in the video description: https://app.galxe.com/quest/malda/GCHzKt1LFP

Nova Airdrop (TradeonNovaBot)

  • What it does: The video mentions a Nova airdrop accessible through TradeonNovaBot, a Telegram bot. The requirement for participation is making at least one trade on the platform.
  • Eligibility & Airdrop: Making a single trade qualifies users for an airdrop.
  • Tokenomics/Utility: Not specified in the transcript.
  • Participation Steps: Join the TradeonNovaBot Telegram group and complete one trade: https://t.me/TradeonNovaBot?start=r-QJJWL2

BullX (Memecoin Trading Bot)

  • What it is: A Telegram bot for trading memecoins. The video promotes it as a tool for users interested in this type of activity, though not directly tied to an airdrop.
  • Tokenomics/Utility: Not specified in the transcript.
  • Participation Steps: Join the BullX Beta Bot: https://t.me/BullxBetaBot?start=access_GFZL7XMA6NK

Transcript

What's going on everyone? Welcome to Alpha Drop. My name is Martin. Guys I know the market is down. I know how you're feeling. We're on this boat together, okay? For the meantime, let's just farm some airdrops. I'm gonna take you step by step on how you can do them. So like this video, subscribe to the channel if you love farming airdrops. And without further ado, let's just get started. So make sure you're following me on X if you want some more. We've grown like crazy ever since we've been active together. So make sure you follow me on X, have notification bells on and click on my link tree. You might see something special. MALDA XYZ. Previously, Mendy Finance. So MALDA Awakening Public Testnet is now live, co-hosted by Risk Zero. Try unified lending, collect NFTs, and earn boosted rewards. Guys, this one's gonna be huge. Let's go ahead and start farming this project together. All right, now that we're in the website, link down below. All we have to do is connect our wallet. I'm gonna be using MetaMask. As you can see, this is a testnet environment. Assets and transactions are not real. MALDA has raised $52 million, by the way. Now after you connected your wallet, let's go ahead to the testnet faucets, link down below, so we can claim our Linea Sepolia, Ethereum Sepolia, and Optimism Sepolia. Just click on the button. You should see a pop-up on your screen and just confirm the transaction. It could take around 30 seconds. If you're having problems, you can always refer to these FAQs. All right, guys, now that you got your testnet tokens ready, head over back over here and click on supply. What you then want to do is enter the amount of USDC that you want to supply. I'm just gonna do 200 and I'm gonna do an even amount. So 100 over here and another 100 over here. And then we're just gonna approve and supply the transaction. All right, now that the approval is successful, what you then have to do is go ahead and add some collateral. Just click on collateral, click enable over here, and then approve it in your wallet. Nextly, click on borrow, enter the amount of tokens you'd like to borrow, select a destination chain, click borrow, approve in wallet, borrow in all available networks, and repeat the process with WSTETH. Lastly is to repay and withdraw. So click on repay, repay a small amount of your debt, repay in all available networks, click approve and repay, approve in the wallet, repeat the process with WSTETH, withdraw USDC to any chain, and then withdraw WSTETH to any chain. And then last but not least, link down below, we have some Galaxy tasks to do to finish off. All right, if you're done, if you finished all the tasks that we just did earlier, you should be able to complete this with no problem. And then lastly, these two tasks right here. All right, so that is MALDA XYZ, co-hosted by Risk Zero. All right, I hope you found this video helpful. I hope you enjoyed this video guys. If you did, give this video a like, make sure you subscribe to the channel. Shout out to the Alpha Army, we're building a cabal over here. Check these two videos out if you want to watch some more crypto content. I hope you guys have a profitable rest of your day. My name is Marden. Peace.

Video Stats

Views1,226
Likes53
Comments21
Duration3:34