Particle Network Airdrop: IT'S FINALLY HERE! Diamond Season Zero (Huge Update) $PARTI | Full Guide

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#Airdrop #Diamond Season Zero #Particle Network #USDC #USDT #Universal X #particle network #testnet airdrop #mainnet #airdrop #$parti #wallet #chain abstraction

Description

Join us as we dive into Particle Network’s new Diamond Season Zero mainnet campaign. In this video, you’ll learn how to connect to Universal X, bridge assets, trade on multiple chains, and get Diamond...

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Here is a summary of the video about the Particle Network Airdrop Diamond Season Zero:

Alright, so after a long wait, Particle Network has finally launched its mainnet campaign called "Party Diamond Season Zero." The big goal here is to earn "Diamonds" by using their mainnet platform, Universal X, primarily through trading, as Diamonds are expected to be the key metric for getting a future token airdrop. If you participated in their testnet, you'll want to pay attention to maximize your potential rewards.

Here are the key things to know:

  • Particle Network's mainnet campaign, called Party Diamond Season Zero, is finally here after about five months since the testnet ended.
  • The main objective of this campaign is to earn "Diamonds."
  • Diamonds are the metric that will likely determine your allocation in the future airdrop when Particle Network launches its token (TGE - Token Generation Event).
  • To participate and earn Diamonds, you need to use their mainnet platform, Universal X, which is essentially a trading interface.
  • Make sure to connect the exact same wallet you used for the previous Particle Pioneer testnet campaign.
  • Connecting the same wallet is crucial because it grants you a "Community OG Booster" level. The presenter's testnet wallet gave them a Level 3 booster.
  • If you hold other Particle Network assets like Ally tokens, Capybara NFTs, or participated in their Launchpad, your OG Booster level might be even higher. A higher booster level is considered advantageous for earning Diamonds.
  • The primary way to farm Diamonds is by trading assets on Universal X.
  • You can deposit assets onto Universal X by sending them to your unique "Universal Accounts address" provided on the platform.
  • While you can deposit assets from many chains (they list 11), not all deposited assets can be used for trading.
  • Only specific tokens are currently enabled for trading: USDT, USDC, ETH, BTC, and SOL.
  • Depositing USDC or USDT specifically on the Arbitrum chain is recommended because it seems to be the cheapest option and the most reliable for making trades work. The presenter tried bridging USDC from the Mode chain, and it didn't work for trading.
  • The trading on Universal X is currently only spot trading; there are no perpetuals or futures.
  • It functions much like a decentralized exchange (DEX) where you can swap supported assets.
  • They have a leaderboard, and earning more Diamonds or having a higher trading volume is likely to improve your rank. At the time of the video, fewer than 30,000 people were interacting with the mainnet, suggesting it's still relatively early.
  • A significant point of concern is the "Universal Account address" you deposit funds into. You cannot export the private key for this specific address.
  • Your original wallet (the one you connected initially, called the "owner address") acts as the signer for transactions on the Universal Account.
  • The inability to export the private key means you don't have full, sovereign control over the funds held in the Universal Account address.
  • The presenter feels this lack of direct control and inability to export the private key is a risk factor. If the Particle Network website or platform were to go down or the project had issues, you could potentially lose the funds deposited there because you can't access them with your own private key outside their interface.
  • Because of this risk, the strong advice is not to deposit a large amount of money into Universal X. Be cautious and only deposit what you are comfortable potentially losing.
  • There is no mention of insurance for funds held on the platform.
  • This Diamond Season Zero campaign is expected to run for about a month.
  • Overall, it's an important update for those who farmed the testnet and are interested in the Particle Network airdrop, but it comes with a notable risk regarding asset control.

Transcript

Boys, welcome to Alpha Drop. My name is Ron. Martin here. And we have some long-awaited updates from several of the airdrop. Finally! That we have been farming, so we need to cover them now because the call to action for these campaigns are for this month if you want to be maximizing from these ecosystems. What's the first project, Ron? Alright, the first project, and oh my god, it's finally here. Everyone has been asking us about Particle Network. And the honest answer is, we do not know what ...