The Evmos airdrop feast is entering the countdown, please keep this tutorial safe

Source: The Way of DeFi

At 4 AM Beijing time on March 3, the EVM-compatible chain Evmos in the Cosmos ecosystem will officially launch its mainnet. At the same time, a total of 100 million Evmos tokens will be airdropped to 2 million wallet addresses in the Ethereum and Cosmos ecosystems, accounting for 50% of the initial circulating supply of Evmos.

To understand what Evmos is, it is recommended to read the article “Understanding EVMOS in One Article, and What It Means for Cross-Chain Communication and Modularity.”

This article briefly discusses the airdrop query, claiming, and trading tutorial that everyone will be concerned about:

1. How to Query Airdrop

The coverage of the Evmos airdrop is very extensive. If you frequently used Ethereum applications such as OpenSea, UniSwap, Sushiswap before November 25, 2021, or have staked or performed IBC operations on the Cosmos hub and Osmosis network, you can check your wallet address's airdrop status by visiting the following link:

https://gotrekt.com/mission-control

Then connect your Keplr or Metamask (Fox) wallet to view the airdrop status of your wallet address.

For example, the number 432 displayed in the My SUMMARY box in the image means that this address can ultimately claim 432 Evmos tokens.

2. How to Claim Airdrop

After the official launch of the Evmos mainnet, eligible users can unlock their tokens by completing Mars Missions tasks (similar to the method used by Osmosis), which includes Staking, participating in governance, and other operations.

The related operational process is expected to be very simple, but we may need to pay attention to the following three points:

1. Choosing the right validator for staking is important. It is generally suitable to select two types of validators: (1) well-known Cosmos node operators, and (2) nodes related to ecosystem projects (which may have airdrop surprises);
2. Since governance proposals can be submitted by anyone, it is essential to carefully review the proposal content and then vote on options that benefit the ecosystem;
3. Although the airdrop claiming period usually lasts for several months, it is recommended to claim the airdrop as early as possible. In the case of Osmosis, tens of millions of OSMO tokens (currently worth hundreds of millions of dollars) were ultimately missed due to users not claiming them for a long time.

3. How to Trade After Claiming Airdrop

Although the Evmos mainnet has not officially launched yet, some DEX projects have already confirmed they will support trading of Evmos tokens as soon as possible, such as the native Evmos DEX projects Diffusion Finance, Exswap, and Cronus Finance, which are essentially Uniswap V2 Fork projects.

It should be noted that using native DEXs currently carries higher risks, as they have not yet been tested in real-world scenarios. However, the potential returns from Degen plays may be greater.

(Image: Diffusion Finance testing interface)

A safer option would be to wait for the major DEX in the Cosmos ecosystem, Osmosis, to launch Evmos tokens (which may take a little longer).

Finally, one method that is not highly recommended is to wait for centralized exchanges to actively list Evmos. The reasons are as follows:

1. Evmos is a public chain project without VC or private placement, and its airdrop is unrelated to any centralized exchange, so the likelihood of CEX actively listing Evmos in the short term is low;
2. Trading Evmos tokens on centralized exchanges does not provide any incentives, while there are incentives on the Evmos network;
3. Since the Swiss bank announced the freezing of funds related to Russian individuals and institutions, decentralization has become a major trend.