Degen Airdrop: The TVL Squad's $100,000 Reward Pool—Here’s How You Can Join the Race

The TVL Squad is rolling out one of its most lucrative events yet, offering a chance for DeFi enthusiasts, or “Degens,” to get a piece of a $100,000 reward pool. With over $6.2 million already invested by eager airdrop farmers in just two weeks, the airdrop is rapidly gaining momentum. Now, everyone has an opportunity to jump in and earn rewards by participating in various DeFi projects within the TVL Squad.

Here’s how participants can get started and maximize their chances to rake in rewards.

Step 1: Mint Your Degen Badge

To qualify for the airdrop, users must first mint a Degen Badge, which serves as their entry pass to the reward pool. The process is simple—users can visit the official Degen Airdrop site to secure their badge. The badge unlocks access to a range of exclusive perks and rewards across TVL Squad’s participating projects.

Step 2: Provide Liquidity

The next crucial step is providing liquidity. To become eligible for the airdrop, participants need to invest a minimum of $200 into any of the TVL Squad’s protocols. Users can choose to concentrate their liquidity in one protocol or spread it across multiple projects to diversify their positions. As with many DeFi platforms, those who invest more liquidity stand to gain better rewards.

A Closer Look at the TVL Squad Projects

The TVL Squad comprises a variety of DeFi protocols, each with unique features designed to offer participants multiple ways to earn rewards. Here’s a glimpse of the top contenders:

• 1. Hipo: One of TON’s liquid staking protocols, Hipo allows users to stake TON tokens and receive hTON, which can be used in other DeFi activities while still earning staking rewards. During this campaign, participants can earn not only staking rewards but also access to exclusive in-game rewards and a future airdrop of $HPO governance tokens. Learn more.

• 2. Aqua Protocol: This borrowing protocol is making waves by minting its own decentralized stablecoin, AquaUSD, which is over-collateralized. Participants can access spot leverage, borrowing opportunities, and additional rewards in AquaXP during The Open League season. Check it out.

• 3. JVault: Designed for ease of use, JVault is a platform for jettons (native tokens on TON) that helps users climb the airdrop rankings. In addition to earning rewards, users can receive commemorative Soulbound Tokens (SBTs) and XP points, which will play a vital role in upcoming platform upgrades. Join the action.

• 4. DAOLama: Offering NFT collateralized lending, DAOLama allows users to explore TON’s DeFi ecosystem by leveraging their NFTs. The top 10 liquidity providers will also enjoy exclusive perks like promo codes for free loans. Learn more.

• 5. TON Hedge: A platform that lets users predict price movements through options trading or provide liquidity for passive income. Active participants during The Open League season earn boosted rewards, and liquidity providers accumulate tickets that will be converted into $THC tokens in the future. Explore more.

• 6. SettleTON: Focused on maximizing yields, SettleTON is offering a farming opportunity with an auto-reinvestment vault that boosts APYs up to 239%. A total of 333 TON has been allocated for farming over the next two weeks, providing substantial gains for participants. Get started.

• 7. Parraton: This yield optimizer introduces a points and referral system for users, automatically reinvesting rewards to increase earnings. Parraton’s system helps liquidity grow faster, providing a unique take on yield farming. Learn more.

• 8. TonStable: A decentralized stablecoin protocol that provides a reliable option for over-collateralized loans within the TON ecosystem. Discover more.

• 9. TonPools: Known for its no-loss, prize-linked staking pools, TonPools adds a fun element to DeFi with quests and specific prizes for completing tasks. Participants can also stake tokens to earn raffle rewards and token airdrops. Join the fun.

• 10. Tonstakers: Simplifying DeFi for users, Tonstakers provides high APR single-token staking options without the need for complex liquidity pool management. Participants can earn up to 450% APR by staking tokens like xRocket, Fanton, and others. Start staking.

Ready to Join the Challenge?

Now’s the time for Degens to mint their badges, provide liquidity, and start exploring the rich ecosystem of the TVL Squad. With $100,000 in rewards available, the opportunities are endless for those who act quickly and smartly. Whether you’re staking, borrowing, or earning through options, there’s a project for every DeFi enthusiast.

Bonus: Tap Into Volume Squad's Rewards

For those looking to maximize their earnings, the Volume Squad protocols offer an additional $100,000 reward pool. By engaging with both the TVL and Volume Squad projects, Degens can farm the full $200,000 airdrop, doubling their chances of raking in impressive rewards. Check out Volume Squad.

The Degen Airdrop is more than just an opportunity—it’s a challenge to test your skills, strategies, and DeFi prowess. So, what are you waiting for? Join the excitement, claim your rewards, and level up your DeFi game. Good luck, Degens!