Monad is a level 1 blockchain and since it does not have a testnet, it is necessary to perform activities in ecosystem projects in order to obtain the right to airdrop. Such projects include Wormhole, Ambient, Elixir, Stargate, Marginfi, Balancer. This is not an exhaustive list, these are projects I was doing long before I knew about Monad, and which will also need to distribute (or have already distributed) airdrop to their early adopters.
There is an assumption that Monad will generously reward the participants of the Discord, but here I can not suggest anything, because I am not active in this social network.
https://www.monad.xyzThanks, I'll probably wait for the testnet then.
Can I ask how to get into Hyperliquid, or it's to no avail at the moment due to the ending of the activities?
Thanks and sorry for a question for a question
Most of the points for this season are earned through spot holding and trading activities. The exact formula for the point system isn't public and varies each week, but I've found that buying and holding $PURR — a memecoin launched by the devs — has been a decent strategy. Personally, I’ve been consistently earning around 100-200 points each week by holding ~100k of $PURR.
Keep in mind, though, there are only two weeks left in this points season, so if you're just starting now, you might not accumulate a substantial number of points. However, it's still worth checking out Hyperliquid. It's currently the leading perpetual DEX, surpassing older competitors like DYDX and Jupiter.
Hope this helps!
