Flend Research GroupMintable Tokens of DeFi: A Degen's Guide
If you've ever glanced at decentralized finance (DeFi) on platforms like Dexscreener, you might have noticed tokens flagged with the intriguing label "This token is mintable." But what does it mean to be "mintable," and how does this feature play into the high-stakes game of DeFi and degen trading? Let's look into this fascinating aspect of crypto trading. What Does "Mintable" Mean? In the simplest terms, a "mintable" token can be created or "minted" beyond its initial supply. This ...
Flend Research GroupPermissioned and Permissionless Blockchain
Permissionless blockchains, like Ethereum, Bitcoin, and Solana, are fascinating public networks that anyone can join, use, or validate without needing approval. These decentralized systems operate without a central authority, meaning no one has to fill out paperwork or prove their identity to participate. Let's look at it as a global ledger that is open to all, here every transaction can be traced and verified by anyone curious enough to dig into it. The beauty of this setup lies in its ...
Flend Research GroupUSDT,USDC and BUSD: SIMILARITIES AND DIFFERENCES
In one of our previous article we talked about stablecoins and how they have emerged as a bridge between the traditional financial world and the realm of digital assets. These stablecoins offer the stability of traditional fiat currencies while leveraging the speed and efficiency of blockchain technology. Three prominent stablecoins in this space are Tether (USDT), USD Coin (USDC), and Binance USD (BUSD). While they all share the common goal of being pegged 1:1 to their respective fiat curren...
Flend Research Group is a dedicated sub-department of Flend focused on providing comprehensive coverage of the financial market space.
Flend Research GroupMintable Tokens of DeFi: A Degen's Guide
If you've ever glanced at decentralized finance (DeFi) on platforms like Dexscreener, you might have noticed tokens flagged with the intriguing label "This token is mintable." But what does it mean to be "mintable," and how does this feature play into the high-stakes game of DeFi and degen trading? Let's look into this fascinating aspect of crypto trading. What Does "Mintable" Mean? In the simplest terms, a "mintable" token can be created or "minted" beyond its initial supply. This ...
Flend Research GroupPermissioned and Permissionless Blockchain
Permissionless blockchains, like Ethereum, Bitcoin, and Solana, are fascinating public networks that anyone can join, use, or validate without needing approval. These decentralized systems operate without a central authority, meaning no one has to fill out paperwork or prove their identity to participate. Let's look at it as a global ledger that is open to all, here every transaction can be traced and verified by anyone curious enough to dig into it. The beauty of this setup lies in its ...
Flend Research GroupUSDT,USDC and BUSD: SIMILARITIES AND DIFFERENCES
In one of our previous article we talked about stablecoins and how they have emerged as a bridge between the traditional financial world and the realm of digital assets. These stablecoins offer the stability of traditional fiat currencies while leveraging the speed and efficiency of blockchain technology. Three prominent stablecoins in this space are Tether (USDT), USD Coin (USDC), and Binance USD (BUSD). While they all share the common goal of being pegged 1:1 to their respective fiat curren...
Flend Research Group is a dedicated sub-department of Flend focused on providing comprehensive coverage of the financial market space.
Subscribe to Flend Research Group
Subscribe to Flend Research Group
Share Dialog
Share Dialog
<100 subscribers
<100 subscribers
NEVER STOP CLICKING.
It’s no secret anymore: crypto rewards active participation. A perfect example is the recent “$PENGU” airdrop on the Solana blockchain.
So, here’s the deal: I qualified for the $PENGU airdrop. Surprisingly, I don’t own their NFT, and I hadn’t interacted with them before. So, why was I eligible? Simple—active participation. I’m a consistent user of the Solana blockchain, constantly interacting with various protocols, decentralized exchanges (DEXs), and wallets.
If you haven’t received an airdrop yet, don’t worry. Plenty more are on the horizon. All you need to do is position yourself correctly. Let’s talk about how to do just that.
First things first, you’ll need the basics: a mobile phone or PC and a crypto wallet. If you’re using a mobile device, I recommend Android over iOS for its flexibility. Remember, every project operates on a specific blockchain, and not all wallets support multiple blockchains. For instance:
Use Phantom Wallet for Solana.
Use MetaMask for Ethereum.
Prepare different wallets for different blockchains to cover all bases.
Once you’re equipped, staying informed is crucial. Keep track of projects, their launches, and upcoming airdrops. One of the best platforms for updates is X formerly called Twitter. If you don’t already have an account, now’s the time to create one and start following crypto-related accounts.
Being part of a crypto community is a game-changer. These groups share valuable updates, insights, and opportunities in the crypto space. Join two or more communities to maximize your exposure. You’ll gain access to shared knowledge, airdrop alerts, and tips from fellow enthusiasts.
Opportunities abound in the crypto space. There are countless projects to interact with and airdrops to qualify for. Some will reward you handsomely; others might not. It may take time to see substantial rewards, but don’t let that discourage you. Stay consistent. Interact with as many projects as possible because you never know when the next big reward will come.
While enthusiasm is key, safety is paramount. Before interacting with any link or project, ensure you verify its legitimacy. Use trusted sources and double-check URLs. Always keep a separate wallet exclusively for airdrops to minimize risk.
Some airdrops require liquidity, while others don’t (also known as “zero-dollar airdrops”). If you don’t have liquidity to spare, that’s okay. Focus on zero-dollar airdrops to start building your portfolio and gain financial leverage over time.
Crypto is both exciting and financially liberating, but success requires effort and consistency. Stay active, stay informed, and, most importantly, NEVER STOP CLICKING. Remember, crypto rewards active participation. Your dedication today could lead to amazing rewards tomorrow.
You can join our communities below for more updates:
https://twitter.com/FlendCryptoClub?t=inxX2B1U66ottpijD1Mj1w&s=09
NEVER STOP CLICKING.
It’s no secret anymore: crypto rewards active participation. A perfect example is the recent “$PENGU” airdrop on the Solana blockchain.
So, here’s the deal: I qualified for the $PENGU airdrop. Surprisingly, I don’t own their NFT, and I hadn’t interacted with them before. So, why was I eligible? Simple—active participation. I’m a consistent user of the Solana blockchain, constantly interacting with various protocols, decentralized exchanges (DEXs), and wallets.
If you haven’t received an airdrop yet, don’t worry. Plenty more are on the horizon. All you need to do is position yourself correctly. Let’s talk about how to do just that.
First things first, you’ll need the basics: a mobile phone or PC and a crypto wallet. If you’re using a mobile device, I recommend Android over iOS for its flexibility. Remember, every project operates on a specific blockchain, and not all wallets support multiple blockchains. For instance:
Use Phantom Wallet for Solana.
Use MetaMask for Ethereum.
Prepare different wallets for different blockchains to cover all bases.
Once you’re equipped, staying informed is crucial. Keep track of projects, their launches, and upcoming airdrops. One of the best platforms for updates is X formerly called Twitter. If you don’t already have an account, now’s the time to create one and start following crypto-related accounts.
Being part of a crypto community is a game-changer. These groups share valuable updates, insights, and opportunities in the crypto space. Join two or more communities to maximize your exposure. You’ll gain access to shared knowledge, airdrop alerts, and tips from fellow enthusiasts.
Opportunities abound in the crypto space. There are countless projects to interact with and airdrops to qualify for. Some will reward you handsomely; others might not. It may take time to see substantial rewards, but don’t let that discourage you. Stay consistent. Interact with as many projects as possible because you never know when the next big reward will come.
While enthusiasm is key, safety is paramount. Before interacting with any link or project, ensure you verify its legitimacy. Use trusted sources and double-check URLs. Always keep a separate wallet exclusively for airdrops to minimize risk.
Some airdrops require liquidity, while others don’t (also known as “zero-dollar airdrops”). If you don’t have liquidity to spare, that’s okay. Focus on zero-dollar airdrops to start building your portfolio and gain financial leverage over time.
Crypto is both exciting and financially liberating, but success requires effort and consistency. Stay active, stay informed, and, most importantly, NEVER STOP CLICKING. Remember, crypto rewards active participation. Your dedication today could lead to amazing rewards tomorrow.
You can join our communities below for more updates:
https://twitter.com/FlendCryptoClub?t=inxX2B1U66ottpijD1Mj1w&s=09
No activity yet