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VirtuSwap is on a mission to make Decentralized Exchanges dominate the crypto trading landscape, by enabling efficient, cheap trades; while multiplying yields to liquidity providers. This is reached by a combination of revolutionary financial engineering and state-of-the-art AI-based governance of the protocol.
We are thrilled to announce that the VirtuSwap platform will be launching soon. Our development team has been working tirelessly to create a state-of-the-art DEX that will provide our users with unparalleled efficiency and yields. We are excited to introduce the result of our hard work to the crypto community.
In this article, we will explore the VirtuSwap INITIUM Airdrop campaign in detail, including the eligibility criteria for participants, the process for claiming the airdrop tokens, and the potential benefits of participating.
Indirect (triangular) trades, due to lack of native liquidity pools of sufficient size, lead to unnecessarily high costs of trading (duplicate fees, price impact, and gas).
Through this airdrop campaign, we aim to demonstrate the advantages of using VirtuSwap DEX and to incentivize users to switch to a more efficient trading experience. By participating in the airdrop and connecting their wallets, users can find out how much they would have saved on their previous trades had they used VirtuSwap.
The goal of the airdrop is to reward users who were trading and providing liquidity to the “99 Percent” assets, i.e. all assets outside the top major coins.
Up to 10,000,000 VRSW tokens will be distributed to the participants.
Participants can receive up to 4,000 VRSW for qualified trades. The VRSW tokens can be claimed on Polygon network.
Only trades and deposits that were made between May 1st, 2022 and May 1st 2023, and pools that existed before May 1st 2023 are eligible;
Both Polygon and Ethereum trades and LP deposits are eligible;
Only indirect trades involving qualified tokens are eligible (see Qualified Trades and LP Deposits);
Only LP deposits of qualified tokens to qualified are eligible (see Qualified Trades and LP Deposits).
To participate in VirtuSwap INITIUM Airdrop, users must follow the steps below:
Make sure you’re eligible and meet criteria highlighted above.
Connect you wallet here: airdrop.virtuswap.io
After connecting your wallet, if you’re eligible to participate, you’ll see the list of your transactions eligible for the airdrop, and your resulting reward.
The rules for the Airdrop are presented here:
Wallets that performed indirect trades in qualified tokens and/or LP deposits of qualified tokens in qualified pools will be eligible for rewards;
Only Ethereum and Polygon networks are supported;
Every Indirect Trade of over $100 in volume will be rewarded with 100 VRSW, up to 10 trades per wallet. Only trades involving qualified tokens are counted;
Every LP deposit of **over $500 **will be rewarded with 300 VRSW, up to 10 LP deposits per wallet. Only trades involving qualified tokens unqualified pools are counted;
Maximum total reward per wallet is 4,000 VRSW (up to 1,000 VRSW for trades, and up to 3,000 VRSW for LP deposits);
With every 2,000,000 VRSW distributed in this airdrop, the rewards will be decreased by 20% of the original reward. The exact rewards are specified in the table below:
The airdrop will start on May 22nd and will last for 14 days or until the cap has been reached.
Trading volume is calculated by using average daily prices, calculated by VirtuSwap. In some cases, the prices calculated by VirtuSwap may be different from the official market prices. The calculation done by VirtuSwap is final and no disputes will be entertained.
We strived to include as many pools and tokens as possible. Our database supports all the major protocols such as Uniswap V2, Uniswap V3, Curve, Balancer, Dodo and also clones of those protocols.
However, some of the less used or less known tokens may have been missed.
The list of all qualified trades and LP deposits is available here.
The workbook has four separate sheets:
Indirect Trades or LP Deposits in tokens or pairs that are not in the list above will not be eligible for Initium Airdrop Rewards. No disputes will be entertained.
VirtuSwap is on a mission to make Decentralized Exchanges dominate the crypto trading landscape, by enabling efficient, cheap trades; while multiplying yields to liquidity providers. This is reached by a combination of revolutionary financial engineering and state-of-the-art AI-based governance of the protocol.
We are thrilled to announce that the VirtuSwap platform will be launching soon. Our development team has been working tirelessly to create a state-of-the-art DEX that will provide our users with unparalleled efficiency and yields. We are excited to introduce the result of our hard work to the crypto community.
In this article, we will explore the VirtuSwap INITIUM Airdrop campaign in detail, including the eligibility criteria for participants, the process for claiming the airdrop tokens, and the potential benefits of participating.
Indirect (triangular) trades, due to lack of native liquidity pools of sufficient size, lead to unnecessarily high costs of trading (duplicate fees, price impact, and gas).
Through this airdrop campaign, we aim to demonstrate the advantages of using VirtuSwap DEX and to incentivize users to switch to a more efficient trading experience. By participating in the airdrop and connecting their wallets, users can find out how much they would have saved on their previous trades had they used VirtuSwap.
The goal of the airdrop is to reward users who were trading and providing liquidity to the “99 Percent” assets, i.e. all assets outside the top major coins.
Up to 10,000,000 VRSW tokens will be distributed to the participants.
Participants can receive up to 4,000 VRSW for qualified trades. The VRSW tokens can be claimed on Polygon network.
Only trades and deposits that were made between May 1st, 2022 and May 1st 2023, and pools that existed before May 1st 2023 are eligible;
Both Polygon and Ethereum trades and LP deposits are eligible;
Only indirect trades involving qualified tokens are eligible (see Qualified Trades and LP Deposits);
Only LP deposits of qualified tokens to qualified are eligible (see Qualified Trades and LP Deposits).
To participate in VirtuSwap INITIUM Airdrop, users must follow the steps below:
Make sure you’re eligible and meet criteria highlighted above.
Connect you wallet here: airdrop.virtuswap.io
After connecting your wallet, if you’re eligible to participate, you’ll see the list of your transactions eligible for the airdrop, and your resulting reward.
The rules for the Airdrop are presented here:
Wallets that performed indirect trades in qualified tokens and/or LP deposits of qualified tokens in qualified pools will be eligible for rewards;
Only Ethereum and Polygon networks are supported;
Every Indirect Trade of over $100 in volume will be rewarded with 100 VRSW, up to 10 trades per wallet. Only trades involving qualified tokens are counted;
Every LP deposit of **over $500 **will be rewarded with 300 VRSW, up to 10 LP deposits per wallet. Only trades involving qualified tokens unqualified pools are counted;
Maximum total reward per wallet is 4,000 VRSW (up to 1,000 VRSW for trades, and up to 3,000 VRSW for LP deposits);
With every 2,000,000 VRSW distributed in this airdrop, the rewards will be decreased by 20% of the original reward. The exact rewards are specified in the table below:
The airdrop will start on May 22nd and will last for 14 days or until the cap has been reached.
Trading volume is calculated by using average daily prices, calculated by VirtuSwap. In some cases, the prices calculated by VirtuSwap may be different from the official market prices. The calculation done by VirtuSwap is final and no disputes will be entertained.
We strived to include as many pools and tokens as possible. Our database supports all the major protocols such as Uniswap V2, Uniswap V3, Curve, Balancer, Dodo and also clones of those protocols.
However, some of the less used or less known tokens may have been missed.
The list of all qualified trades and LP deposits is available here.
The workbook has four separate sheets:
Indirect Trades or LP Deposits in tokens or pairs that are not in the list above will not be eligible for Initium Airdrop Rewards. No disputes will be entertained.
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