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How to get SUI airdrop?: Step by Step Guide
Started by ex-DIEM members, Sui is an upcoming layer 1 blockchain solution, which is open and permissionless;
This Layer 1 network is created from the scratch, and is built on Move language (which is same programming language used by APTOS). The blockchain wants to provide web 3.0 developers and programmers build experiences for the next billion web3 consumers in the most easiest manner, ranging from finance industry to gaming.
Sui’s horizontally scalability, unparalleled speed and inexpensive cost enable it to accommodate a broad spectrum of application development.
Who is behind Sui Blockchain?
Mysten Labs, an R&D firm created by former senior executives from Meta’s Novi Research and key architects of the Diem blockchain as well as Move programming language, is the company behind the Sui blockchain.
The company is poised to alter the Web3 scene. Mysten Labs is well-positioned to continue progress after successfully raising $300 million in the Series B fundraising round.
Like Aptos, Sui blockchain is created on Move programming language, which is based on Rust. Move is a bytecode language that makes it possible to create smart contracts and customised transaction logic.
It is seen as platform-agnostic, facilitating the creation of developer communities across several blockchain platforms as well as common libraries and tools.
SUI Token Explained
The Sui blockchain’s native token, SUI, has a fixed quantity of 10 billion tokens.
SUI serves a variety of functions within the Sui ecosystem and has several goals.
The four primary utilities of SUI token:
- First, gas fees on exchanges and other on-chain activities are paid using SUI.
- Second, the token can be staked in order to use the PoS feature of the platform. Sui’s storage fund ensures shifting staking rewards throughout the time, and paying for future storage costs to the future validators.
- Third, SUI follows POS consensus mechanism. SUI token will be used to pay the validators and delegates of Sui blockchain.
- Finally, SUI is crucial to the management of the Sui blockchain. As a result, token owners are granted the ability to take part in on-chain voting.
Post Aptos, many are hyped up for other layer 1 protocols like Sui, and hoping for an airdrop. In this article we are going to see what are the things you should do, in order to get SUI airdrop.
How to get SUI airdrop?
Recently, a twitter account that goes by the name, SUI_Station tweeted about a prospective airdrop.
Check out our detailed instructions for how to take part on Sui airdrop:
Potential Airdrop Opportunities on @SuiNetwork
Link: https://t.co/5caN9MQU18
Here's the sheet listing all projects on #Sui that have potential airdrop, based on many aspects.
We'll release detailed guides on these opportunities soon. Stay tuned🥰$SUI #Airdrop #Suiecosystem pic.twitter.com/XAuku7nggI
— Sui Station (@Sui_Station) October 20, 2022
1: Install the Sui wallet Chrome extension: Install
2: You will be taken to another page on the SUI Wallet after installation. Select “Get started“
3: Setup a wallet or import one and establish a strong password.
4: Visit the link below to join Sui Discord. Select “Accept Invitation“
5: Afterward, go to the “Developer” section and then enter the #devnet-faucet channel. You need to put in this: !faucet “Your Sui Wallet Address” in the devnet-faucet Chat.
6: You will soon receive 5 SUI while you regularly check your Sui wallet.
7: Get your decentralised digital identity for sui ecosystem username (.sui), which may be used to identify you in the metaverse on the following website: Sui Names
8: Connect your wallet and lookup any name you choose.
9: If the name is accessible, a “Claim” prompt will appear; just click it and authorise from your wallet.
10: Next, choose “activate name” and then “approve from wallet.”
You can also dismiss your name if you do not intend to use it anymore.
11: Custom NFT creation on the Sui Blockchain. Access this website and link your Sui wallet: Click here
12: Give it a name, provide a brief description, click “Create,” and then Accept the deal.
13: Now check the generated Service Name and NFT by opening your wallet.
14: Now to acquire token rewords, go to this website and link your wallet: Click here
15: Grab the Test Tokens.
16:Use the Swap function. Choose Tokens to be Swapped after choosing Market Order/Limit Order in USDT to DAI. Enter the desired amount, click “Swap,” and then confirm the transaction.
17: Even the pool feature may now be tried. To authorize the transaction, enter the required amount and click “Supply” after choosing the pooling tokens i.e USDT and DAI. Your position will be created by it.
18: Access this website and link your Sui wallet there
19: Go to “My Profile” by clicking the profile symbol in the upper right corner, then choose any NFT to list.
20: To authorise the transactions, click “List Token,” then choose a price and click “Submit.”
Please note that obtaining this entry does not ensure that you will receive SUI airdrop tokens. Only collect this NFT if you want to. Be aware that dealing with Testnet and, occasionally, mainnet might be dangerous. You run the risk of losing your cryptocurrencies if the dapps you use have used had issues. In order to ensure that losing it won’t be an issue, only connect with wallets that have a little amount of cryptocurrencies.
SUI is just getting started and a little airdrop in the initial days can make you a lot of money in the long run.
FAQ
SUI Airdrop: Is it confirmed?
There is a high probability that there will be SUI tokens airdrop, however the team has not confirmed anything yet.
Does this Sui Airdrop Guide ensure free SUI tokens?
There are no confirmed guide, on how you can get the SIO airdrop. However, from our experience we wrote this guide, and completing these steps, you will have a higher chances to get airdropped tokens.
Has the SUI mainnet launched?
Sui mainnet is still not launched. However, testnet is live.
What will the SUI tokens airdropped value?
If SUI tokens are airdropped, it should be close to 1000USD (much like APTOS)
How much do I need to spend as gas fee for getting SUI airdrop?
Zero. You do not need to spend any real money at this moment.
Closing thoughts
The Sui blockchain appears to have a lot of potentials, and its technical characteristics, development strategy, and goals appear to have resonated well with a number of people who are passionate about blockchain technology. If SUI wishes to see more widespread adoption, it will have to face serious competitors from other blockchains and must keep improving the quality of its ecosystem. Both of these requirements have to be met and Sui seems to be making an effort in the right direction.
Participating on SUI airdrop is the best way to get the SUI tokens absolutely free. Thus, we highly recommend you to complete the steps as soon as possible.