Preparations for MetaMask AirDrop have already begun. There are a few things you can do to strengthen the odds of receiving it in the event of a potential AirDrop…
With over 30 million monthly active users, the MetaMask wallet is undoubtedly one of the most used wallets in the crypto space. In November 2021, Consensys CEO Joe Lubin said the native token MASK for the wallet would be released, prompting many investors to speculate about an airdrop. However, he later confirmed in March 2022 that MetaMask plans to launch its own token and Decentralized Autonomous Organization (DAO) to maintain ‘progressive decentralization’.
Lubin also mentioned that the DAO will aim to promote community ownership. Therefore, while there was no confirmation at launch that the token will be airdropped, Lubin’s claim has led many to speculate that the token will be distributed via an airdrop.
However, Jacobc.eth, the leader of MetaMask operations, mentioned in an interview that MetaMask is taking extra precautions to ensure that the token launch is not a “cash extortion”. He also stated that if there were an airdrop, they would take preventive measures against “airdrop farmers” since the purpose of the token is to give governance.
How to Get MetaMask Airdrop?
To qualify for a potential MASK airdrop, users will likely need to use the built-in features MetaMask offers and interact with different networks and protocols.
Deposit or Buy Tokens
To get started, you must deposit tokens by sending them to your wallet address or buy ETH directly from MetaMask. If you buy tokens directly from MetaMask, you can use credit and debit cards, Apple Pay, and wire transfers.
Use Metamask’s Swap Feature
You can also use MetaMask’s own swap feature to increase your airdrop chances. To get started, go to your extension and click ‘Change’. Select the token or coin you want to trade and confirm the ‘trade’ when you’re done.
It is also worth noting that MetaMask’s swap feature acts as an aggregator and MetaMask charges 0.875% for the transaction.
One of the criteria for the airdrop is also likely to be your trading volume, so it might be good to make a few trades. You should also try to do this every week or month, as airdrop criteria may include having traded for several months.
Use Metamask’s Hyperlink Feature
To use the hyperlink feature, go to your MetaMask extension and select ‘Hyperlink’ which will take you to a new page.
Once brought to this page, first select your target chain and token for the bridge. MetaMask will then automatically choose the cheapest rate for you.
If you wish, you can click ‘Choose a different quote’ option to change your bridge provider. It’s worth noting that Metamask charges 0.875 percent, similar to making a trade.
Another possible criterion for an airdrop would be certain amounts that you need to bridge. Depending on your selection, it may be good to make multiple trades for larger amounts to ensure you meet the criteria. However, this can be quite costly and you should consider that the airdrop is currently speculative.
Engage with Top dApps
After depositing your tokens, you can also interact with decentralized applications on different networks. The idea is to use your MetaMask wallet to perform transactions such as token swapping, staking, yield farming, lending, and even NFT purchases. Don’t forget to link your MetaMask wallet to the dApp.
For example, you can interact with popular dApps like Uniswap, SushiSwap, and OpenSea on the Ethereum chain. Uniswap, a decentralized exchange (DEX), allows users to trade ERC-20 tokens. On the other hand, Sushiswap is also a DEX but offers additional features like yield farming and staking.
Use Metamask’s Liquid Staking Feature
To use the liquid staking feature, go to your MetaMask extension and select ‘Portfolio’ which will take you to a new page.
After that, click on ‘Stake’ on the left side of the screen. Since this function is still in beta, there are only two staking providers: Lido and Rocket Pool.
The provider with the highest award will be automatically selected for you. If you want to switch to other provider, just click on it.
Once you click on the provider, simply enter the amount of ETH you want to stake; this will show you an estimated staking reward.
