Metis Airdrop Guide: EFFICIENT Route for Layer3 Quests

Boxmining

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Description

Metis just finished their incentivized testnet campaign and if you have participated, you can now claim an NFT which will help with the airdrop allocation. You can now interact with Metis Andromeda ma...

Metis just finished their incentivized testnet campaign and if you have participated, you can now claim an NFT which will help with the airdrop allocation. You can now interact with Metis Andromeda mainnet via Layer3 to earn more points and NFTs. Here's what you need to know. Step-by-step guide: https://boxmining.com/metis-token-airdrop-guide/ Metis NFT Claim: https://decentralize.metis.io/ Layer3 Metis Quests: https://layer3.xyz/collections/introduction-to-metis BingX Sign-up Bonus: https://bingx.com/invite/QP0XYB Add Metis Andromeda Mainnet: https://chainlist.org/chain/1088 🌼 GET $30,000 in rewards on Bybit: https://partner.bybit.com/b/boxyt ●▬▬▬▬▬▬▬Recommendations▬▬▬▬▬▬▬● 📲Binance Exchange: http://boxmining.co/binance 📖 Guides, tutorials and insights: https://boxmining.com/ 🔒Hardware Wallet: http://boxmining.co/ledger 👍🏻Brave Browser: http://boxmining.co/brave ●▬▬▬▬▬▬▬▬▬▬Community▬▬▬▬▬▬▬▬▬● Boxmining clips: https://www.youtube.com/channel/UCjFy3VBgOZanySOLhQu6GaQ Boxmining News Website: https://www.boxmining.com/ Telegram Group: https://t.me/BoxminingFam ●▬▬▬▬▬▬▬▬▬▬▬Social▬▬▬▬▬▬▬▬▬▬▬● Twitter: https://twitter.com/boxmining Discord: https://discord.gg/9qCpqpZm8G Facebook: https://www.facebook.com/boxmining ●▬▬▬▬▬▬▬▬▬▬DISCLAIMER▬▬▬▬▬▬▬▬● Boxmining, including its employees, are not affiliated with and do not endorse or sponsor any token sales, initial coin offerings, initial exchange offerings and/or airdrops (the “token sales”) unless clearly disclosed. The contents of these videos are for information purposes only. Boxmining and its employees do not provide investment advice and do not take one’s personal circumstances into consideration when providing information about token sales and cryptocurrency exchanges or platforms. In light of the above, Boxmining and its employees may hold the cryptocurrencies mentioned in the videos. Please note that there are legal requirements in various countries that may restrict token sales, and furthermore, the access to, and products and services provided by any of the cryptocurrency exchanges or platforms mentioned in these videos. Consequently, the contents of this video are not directed at or intended to be accessible by persons in any jurisdiction where the extension of the availability of the materials to which you are seeking access would breach any applicable law or regulation. Decisions to participate in token sales or to buy, sell or hold cryptocurrencies, as well as the access to and use of any cryptocurrency exchange or platform involves risk. You are also responsible for informing yourself about and observing any restrictions and/or requirements imposed with respect to any such token sale, or the access to and use of any cryptocurrency exchange or platform. You must use your own judgment or consult a professional for advice on such matters.

AI Analysis

Hey there! So, this video is all about the Metis airdrop and how to navigate their new mainnet quests on Layer3 efficiently, especially if you're keen on farming airdrops. It dives into how to claim your NFTs from the recent testnet campaign and, more importantly, how to participate in the current mainnet activities without breaking the bank, aiming for a better airdrop allocation.

Here's a breakdown of what you need to know:

* Metis Airdrop Campaign & NFT Claim:
* The Metis airdrop campaign has been ongoing, with two testnet seasons already wrapped up. If you participated in these testnet phases, you can now claim a special NFT on decentralize.metis.io.
These NFTs come in three tiers – Elite, Based, and Good – with the tier you receive depending on your performance during the testnet. It's not just about earning points; it’s also about having enough unique smart contract interactions*.
* It's highly recommended to claim your NFT even if you only qualify for a lower tier, because the focus for a larger airdrop allocation seems to be shifting towards mainnet activities on Layer3.

* Layer3 Mainnet Quests: The Smart, Cheap Way to Farm:
* The current phase involves completing seven quests on Layer3, which are mainnet activities and require Metis tokens for gas fees.
* The good news is, these quests are surprisingly cheap to complete! You can theoretically do them with as little as $10-$15 of capital (excluding gas fees, which are minimal) by strategically moving your funds.
* A well-known alpha airdrop farmer, MZTA cat, pointed out this cost-efficient method, suggesting you can even pull your funds back out after completing each task.
While you could* hold positions in each of the nine protocols involved, which would require around $90, the presenter, despite having the resources to do the $90 route, highlights the $25-$30 method (including gas) as the go-to for those with limited funds. This is a game-changer for many, making the airdrop accessible.

* Getting Started & Executing the Quests (Step-by-Step for Efficiency):
* First, get Metis for Gas: You'll need some Metis tokens in your MetaMask wallet to cover gas fees.
* The cheapest way to get started is by bridging funds from the BNB chain to Metis using the Synapse bridge. This is highly recommended because it's cheap and you often receive a small amount of Metis for gas.
* If you need more Metis, or prefer buying, exchanges like BingX are recommended for their liquidity. You can buy at least 5 USDT worth of Metis and withdraw it to your MetaMask.
* Add Metis Andromeda Mainnet: Make sure you've added the Metis Andromeda mainnet to your wallet using chainlist.org.
Claiming your NFT: It's smart to acquire some Metis for gas before* claiming your testnet NFT, as the NFT claim itself costs around 20-30 cents, and the initial bridge might only give you around 44 cents, which isn't much wiggle room.
* The Fund-Recycling Strategy: This is key for cost-efficiency:
1. Bridge: Start by bridging a minimum of $25 (or $30 to be safe including gas) to Metis.
2. Swap: Swap the bridged funds to whatever token is required for the first Layer3 quest.
3. Complete Task: Perform the required action for the quest (e.g., lending, swapping).
4. Withdraw Immediately: As soon as the task is marked complete, withdraw your funds. Don't leave them as collateral. This makes them liquid for the next quest.
5. Repeat: Use the same funds for subsequent quests, like perpetual trading. This means you only need that initial $25-$30 for all seven on-chain tasks!
* Quest Breakdown: Not all seven Layer3 quests are on-chain activities; some are simple social media tasks, further reducing the actual gas cost and complexity.
* Volume Building: For a potentially larger airdrop allocation, increasing your transaction volume is beneficial. Perpetual trading is an easy way to do this by leveraging borrowed funds, but it comes with significant risk and is not financial advice – only do it if you know what you’re doing!

* Airdrop Allocation & Timing:
* People are naturally curious about the airdrop date and size. Metis tokens have been around since 2021 and have shown good performance, with potential to hit new highs in a bull market.
A critical insight: 6 million Metis tokens, representing 6% of the total supply, are still locked* and specifically allocated for the airdrop. All other vesting schedules for the token are already complete, making this airdrop a highly anticipated event. This strongly suggests the airdrop is on the horizon.
* While there's no official confirmation, it's generally believed that higher frequency of smart contract interactions and larger transaction volumes (e.g., via perpetual trading) will positively influence your airdrop allocation.

This whole strategy aims to make participating in the Metis airdrop as accessible and cost-effective as possible, leveraging clever fund management to maximize your chances without requiring a huge upfront investment. It's a smart way to get involved if you're looking to farm future airdrops.

Transcript

Welcome to Box Mining. My name is Ron. I'm an analyst here and if you're familiar with my work, I am huge on airdrop farming. Now, while Michael is going to be away for a week, I'll hold down the fort here. We're going to be talking about Metis airdrop and I'm sure this is very, very much right up your alley. Okay, so if you've been following us, oh my bad, I forgot to have there. Oh man, there we go. Now, if you've been following us on Box Mining Plus, I've talked about this for already more t...

Welcome to Box Mining. My name is Ron. I'm an analyst here and if you're familiar with my work, I am huge on airdrop farming. Now, while Michael is going to be away for a week, I'll hold down the fort here. We're going to be talking about Metis airdrop and I'm sure this is very, very much right up your alley. Okay, so if you've been following us, oh my bad, I forgot to have there. Oh man, there we go. Now, if you've been following us on Box Mining Plus, I've talked about this for already more than a month. And in fact, the airdrop campaign itself, the beginning of it was season one testnet airdrop, right? Now, season two just finished and now they're pivoting to the mainnet task. So as of now, if you have completed, if you have participated in the test net airdrop, you can claim your NFT, which will be on the decentralized.metis.io. So all of the links are in the description. Okay, so here, based on your performance, how many times you've played around signing transactions, it's not just XP because some people did get a lot of points, but they didn't have enough unique smart contract interaction. That's what I am understanding. They're only able to claim the lower tiered NFTs. So, so far, let's see, there are three tiers. There's elite, based, and good. So the top third will get the elite helmet and then so on and so forth, right? So as of, I think if you, yeah, this is just an example. For example, let's say you've earned 20,000 points, then, uh, yeah. But anyway, just get it because I think now the bigger, um, allocation of the airdrop will be focused on the layer three, which is the mainnet activity. So, um, some of you guys say, I don't have Metis for gas fee. Uh, if you don't have, then you won't be able to do this, but it's very cheap. So I've checked, check this guy out. MZTA cat. He's a very smart alpha airdrop farmer. He's one of the ones who actually called that the Starknet airdrop favors developers more than users. So check MZTA cat. So he says that you can do with just more than $10 and you can even take the funds back, uh, excluding gas fees, of course. So theoretically on paper, right? When you go to the, um, the layer three quest, that is, you're going to have to do seven quests. And these are mainnet activities, but don't be intimidated because I've done the task itself. You can actually do it with $15 or even $20 just to be safe. But that is only if you are pulling your money out of each protocol and then moving it to the rest. If you're going to be holding your position in each protocol, then the steps would be just take the number here. Actually, I'll put the links in the description later. So for the first task, you'll need to bridge $25. So obviously 25 would be the minimum bet, not $10. So bridge 25, $10 here, $10 here. So $40, $50, $60, $70, $90. So if you want to hold your position on nine of those protocols, you're going to need $90. But if you want to take your funds out of the protocol, once you've completed your task. So on this browser, I cannot use my MetaMask for some reason, because this is the name Vox mining channel. Um, but I'll show you later on. Maybe I'll do another explanation on the plus channel, but essentially, uh, you do the, you start by doing the bridge first, right? You bridge $25, you bridge $25 and you, which bridge to choose, you should go for the synapse one. So MZTA cat says here, because you can, uh, bridge from BNB chain to Metis. And that's the cheapest option in terms of gas. And here you will also receive a little bit of Metis for gas. Okay. Now, if you want a little bit more Metis, because, um, I recommend doing the swap first before claiming your NFT because the claiming NFT will cost around 20 cents, 30 cents. So that's not enough. Clearly you only get like 44 cents, right? So if you need more, uh, Metis tokens, you can get them, uh, on these exchanges here. I highly recommend Bin X, uh, Bing X, uh, our invite link is down in the description if you want to use it. And if you've been following us on the plus channel, uh, you know that we like Bing X as well. This is very strong liquidity, very good perpetual volume, but head on over to spot and just type Metis, Metis USDT. And you need to buy at least five USDT worth of Metis and withdrawal will also be five USDT worth of Metis. Just move that to your MetaMask and you will see your Metis there. Then you can play around with here. So me, I'm doing 90, I'm doing the $90 route. I want to hold my position, uh, in each of these protocols just because I have the resources to do, to do so. But if you're, um, if you're limited with your money and you need to save as much as you can on gas. So for example, you know, you're bridging $25. So the minimum safe, just to be safe, including the gas costs $30. All right. So after you bridge, you swap and then you swap to whatever the requirement here is. Right. And then once you've swapped, you just swap it back to Metis, right. Or whatever. And then lend it here. You finish the lending one done. Take the money out. Don't need to post it as collateral. Just take it out so that you can use it. Right. Have it liquid and then do the perpetual. Do the perpetual. Done. You close your position, take it out. No need to put it in as collateral. Have it in your MetaMask wallet as liquidity. So you can do the rest of these. So theoretically you can do it with $25 or sorry, $30. All right. If that makes any sense. So yeah. And in terms of the airdrop itself, people are asking, um, when's the airdrop? How much is the airdrop? And if the token has been going on, like it's been launched since, when was it? Since 2021. Why is there an airdrop? And you see, the performance is actually pretty good. If we're talking about peak alt season, 12 months after you're having, I mean, this could go beyond 200 or even all time high. So that's going to be crazy. So in terms of the, the allocation of the airdrop, that would be, from what I understand is 6 million Metas tokens, I think, vesting. So even until now, the airdrop allocation, which is 6% of the total token supply is still locked. It's still not given away yet. Everything else is already completed. All of their linear vesting schedules have already been done. So the next one that we need to look out for is the airdrop. So 6% of that, that would be 600,000, sorry, 600,000 Metas tokens is still pretty good, right? Uh, Glynbert says, is this a new layer three Metas quest? Because I think I did this quest before Metas went up in price. Uh, as of now, this is the updated one. Yes. So I think so far, there are seven. Uh, yeah. But it's only like one on-chain activity per these. So you think, oh, this one, wait, this one, let's see. Yeah. These are social media tasks. So really it's less than seven on-chain tasks. So yeah, save up on the gas and you can repeat it as much as you want, as much as you need. There's no official confirmation from the team. I think in terms of frequency, it, uh, is it confirmed that frequency of smart contract interaction? Will that help with more airdrop allocation? Uh, no official confirmation for that, but certainly it helps, right? And it's even more helpful if you have a bigger volume. So if you're going to be, uh, ramping up your volume, perpetual is definitely an easy way for me to, uh, to do that, right? Cause you're borrowing money, but it's not financial advice. Okay. If you don't know what you're doing in perpetual, you can easily lose your money. Okay. And that's pretty much it for this video guys. Smash up the like button and subscribe to the channel and I'll see you on box mining plus channel. Uh, but I'll do one more video here on the main box mining channel. Uh, I think we'll be talking about polka dot. We'll look at the polka dot ecosystem because it's, they're making moves now. They're making moves. Okay. So my name is Ron. Shana na.