Airdrops / fuel
What is Fuel?
The Fuel Network is an advanced architecture designed for Ethereum rollups. It aims to enhance
performance, sustainability, interoperability, and customizability for decentralized applications on
Ethereum.
Fuel combines features from various blockchain technologies like Bitcoin, Solana, Move, and Cosmos to
create a robust operating system for Ethereum rollups2. It uses the FuelVM and the Sway language, which
is a Rust-based domain-specific language for smart contracts, to deliver high performance and a great
developer experience.
Mainnet is live since 16th Oct 2024: Fuel Ignition. A high-performance Ethereum Layer 2 powered by the FuelVM.
It is very likely that they will also launch their own token $FUEL and reward users with an airdrop.
Fuel already started the Fuel Points Program and all users who participated on ethereum can now migrate there Ethereum to te Fuel Ignition network.
See below the guide how to earn points in PHASE 2 and get your rewards.
Quick Guide
| 1 | For users who already participated on Ethereum network, go to the Fuel Points Program and connect your wallet. Click on Migrate to migrate your assets to the Fuel Ignition network. You have 14 days to migrate for keeping your points (until end Oct 2024). |
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| 2 | For current and new users: first bridge Ethereum(ETH) to the Fuel Ignition network at the Fuel Bridge. Do not bridge all ethereum, keep some in your wallet for gas. Keeping round 0.03 ETH is enough for a lot of transactions on the Fuel Network. Note that it can take around 30 minutes until your assets are arived in the Fuel Iginition network. You can use several wallets. We advise to use the Fuel Wallet. You can also use Ethereum / EVM wallets, but with Ethereum / EVM wallets currently you can not see your balance in your wallet. To see your balance, go to the Fuel explorer. |
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| 3 | Now go to the Fuel Phase 2 Dashboard. Here you can track your points (The points will be visible on the dashboard after October 23rd.). You will get passive points for just hold your assets, like Ethereum, on the Fuel Ignition network in your wallet. You get Activity Points (double points) if you will use your assets at partners of Fuel. Check the Fuel Ecosystem for all partner sites. Check where you see '2x Points'. For example you can borrow your assets on Swaylend or provide liquidity on Mira Exchange to get activity points (double points). And you get points for spending gas on the Fuel Ignition network. So Ways to Earn Fuel Points:
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| 4 | To earn your first activity and gas points you can go to Griffy, use code V42TN9 and connect your wallet. At Griffy you can trade on opinions with USDT, for example you can supply USDT on 'Will Donald Trump win the 2024 Presidential Election?'. If choosing Yes and he wins, you can earn up to 200% profit. Als you will earn Griffin points which can lead to a potential Griffy airdrop. If you don't have USDT yet, go to Mira and swap some ETH for USDT. |
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| 5 | To earn activity points (double points) you can go for example to Swaylend. Connect with your Fuel wallet and click on supply at the asset you want to supply, for example Ethereum. Now you get activity points for keeping your ethereum there. Do always your own research before using any third party website as your assets can be at risk. |
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| 6 | Now you can even earn 4x points. Click on borrow at USDC. We advice to borrow around 50%. The more you borrow the more risk to get liquidated. Now go to Mira and swap your USDC for USDT. |
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| 7 | Go back to Swaylend. Now supply your USDT for even more points. |
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| 8 | If you want your assets back, withdraw first your USDT. Swap it back to USDC on Mira and repay your borrowd USDC. Now you can withdraw the rest of your assets. Not that you have to repay all your borrowed assets before you can withdraw all your supplied assets. |
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| 9 | Explore the rest of the Fuel Ecosystem to earn more points. |
That's all.
Keep an eye on this page for news and check the social media channels to keep informed when you will be rewarded.
Steo-by-step Guide
At the moment there is not a step-by-step-guide. This will follow later.
For now follow the quick guide to earn your rewards.
Bonus tasks
At this moment there are no bonus tasks.
Keep an eye on this page for future bonus tasks.
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