The Ethereal project is launching what it calls “Season Zero”, opening its pre-deposit phase for users to make their first interaction and earn a multiplier for the upcoming airdrop. Ethereal is a perpetual decentralized exchange (perp-dex) that has been developed alongside Ethena, utilizing the $USDe stablecoin as its primary asset for trading on the platform.
What Is Ethereal?
Ethereal has been designed to support over $6 billion in liquidity from Ethena, making it the first native application of the Ethena Network. The platform promises ultra-low latency of under 20 milliseconds and the ability to handle over 1 million orders per second. This ensures a fast and seamless trading experience while maintaining complete self-custody for its users.
Currently, Ethereal operates on the Ethereum ecosystem for its pre-deposit phase. This means that gas fees may vary depending on Ethereum network congestion at the time of deposit.
How to Participate in Ethereal’s Airdrop?
To join Season Zero, simply deposit $USDe using the 👉 Ethereal app. You can withdraw your funds at any time, but keeping them deposited for longer periods can maximize your rewards.
Key Benefits of Depositing USDe on Ethereal:
- Ethereal Points: Earn points linearly based on the amount and duration of your deposit.
- Ethena Rewards Multiplier (30x): Get an additional 30x reward boost on your Ethena rewards for $USDe deposits.
- Exclusive Perks: Gain priority access to the testnet and future platform initiatives.
Best Strategy to Deposit $USDe on Ethereal
If you already have funds on Layer 2 networks like Base, you can acquire $USDe and transfer it to Ethereum using the Stargate bridge.
Stargate is a LayerZero-powered bridge that is also running a farming campaign for its second airdrop round. If you want to learn more about LayerZero’s airdrop, click here.
Community Building: Earn the SZO Role on Discord
Ethereal is actively working on community engagement, launching an official Discord server where early users of the platform can earn an exclusive SZO role. Holding this role may provide special benefits in the future, setting you apart from other users.
How to Claim Your SZO Role on Discord:
- Deposit funds on Ethereal.
- Join the Ethereal Discord server.
- Verify that you are not a bot.
- Go to the
season-zero-rolechannel. - Paste your wallet address and send it.
- Wait for the team to verify your deposit.
How Long Will Season Zero Last?
Season Zero is expected to continue until May 2025, giving participants ample time to farm rewards. If you are already farming Ethena, Ethereal adds an extra layer of multipliers to your strategy, maximizing your potential gains.
Final Thoughts
The Ethereal Season Zero airdrop is a great opportunity to gain exposure to a growing decentralized exchange while earning significant multipliers. By depositing USDe, bridging assets strategically, and engaging with the community, you can position yourself for maximum rewards in the upcoming airdrop.
Disclaimer
This is not financial advice. If you choose to interact with the mentioned protocols, you do so at your own risk. Airdrop Guild is not responsible for any potential losses incurred from using these platforms. We strongly recommend conducting your own research before engaging with any blockchain protocol.