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$BTC Airdrop Soon? These Bitcoin-Based Protocols Have Ongoing Crypto Points Farming

Photo for the Article - $BTC Airdrop Soon? These Bitcoin-Based Protocols Have Ongoing Crypto Points Farming

BitPinas has already listed different airdrop campaigns on major blockchains like Solana, Ethereum, Sui, The Open Network, and even Ronin—whether these campaigns are hosted by decentralized apps (dApps), games, protocols, and crypto projects. 

  • This time, here are the five protocols on Bitcoin that are currently hosting a point system, hinting at a future airdrop. 

Worth Reading: Here are the four crypto games that allow players to earn $BTC.


List: Bitcoin-Based Protocols with Ongoing Crypto Points Farming

Solv Protocol

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Solv Protocol is a Bitcoin staking platform that offers $SolvBTC, a universal Bitcoin Reserve token that unifies fragmented Bitcoin liquidity across different blockchain networks.

  • Function: Thus, when a user stakes or deposits Bitcoin, they will receive a liquid token in return, based on the chosen blockchain. 
  • How to Earn Points: To earn points on Solv Protocol, farmers can do the tasks listed on the airdrop page. 
  • Airdrop Link: https://app.solv.finance/points 
  • Airdrop Status: Confirmed. The airdrop page reads, “The point system allows you to earn points that will be used to allocate a portion of the airdrop of Solv’s token on a future date.”

Lombard 

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Lombard is a Bitcoin staking platform that eyes to grow the digital economy by building the infrastructure and distribution channels that unlocks Bitcoin’s utility and transforms the largest decentralized asset from a store of value into a productive financial tool. 

  • Function: When a user stakes Bitcoin, they will receive $LBTC, a liquid and yield-bearing representation of $BTC. Users can also stake $BTCB, which are bitcoin tokens minted on the BNB chain. 
  • How to Earn Points: To earn points on Lombard, farmers can stake $BTC and join time-sensitive events. 
  • Airdrop Link: https://www.lombard.finance/app/dashboard/ 
  • Airdrop Status: Unconfirmed. Lombard Lux, which are crypto points, are still unclarified on where it will be used. 

Bedrock

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Bedrock is a multi-token liquid restaking protocol. It is actually an Ethereum-based protocol utilizing EigenLayer but it has a partnership with Bitcoin-focused Babylon in issuing $uniBTC.

  • Function: When a user stakes Bitcoin available from different chains, they will receive $uniBTC in return. 
  • How to Earn Points: To earn points on Bedrock, users can mint, swap, and lend and borrow $uniBTC to earn free MERL, esMP, Pell points, Avalon points, and Bedrock Diamonds.
  • Airdrop Link: https://app.bedrock.technology/airdrop 
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Airdrop Status: Unconfirmed. Lombard Lux, which are crypto points, are still unclarified on where it will be used.

Echo Protocol

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Echo Protocol is a Bitcoin liquidity layer that aims to introduce restaking solutions for $BTC-based assets. 

  • Function: Users can use its lending and bridging features for Bitcoin-based assets, including liquid tokens. 
  • How to Earn Points: To earn points on Echo Protocol, farmers can use the bridge feature and bridge $uBTC from B2 network to Echo Protocol. 
  • Airdrop Link: https://www.echo-protocol.xyz/bridge 
  • Airdrop Status: Unconfirmed. 

PumpBTC

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PumpBTC is a liquid staking solution for Babylon. It aims to help $BTC holders maximize yields through Babylon’s staking.

  • Function: When a user stakes Bitcoin, they will receive $WBTC, $BTCB, and $FBTC with native yield
  • How to Earn Points: To earn points on Lombard, farmers can hold $pumpBTC, where they will earn one point per second for every token they hold.
  • Airdrop Link: https://mainnet.pumpbtc.xyz/ 

Airdrop Status: Unconfirmed. The points earned are said to be used for potential rewards in the future, but an airdrop is still not yet confirmed.

This article is published on BitPinas: $BTC Airdrop Soon? These Bitcoin-Based Protocols Have Ongoing Crypto Points Farming

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