Considering the t3rn project and available activities on the testnet
T3rn is a hosting platform for hosting smart contracts, enabling their secure and interoperable execution on different blockchains, and allowing them to be aggregated into a single ecosystem.
The team’s main goal is to create an environment for trusted interoperability between blockchains, where developers can deploy universal smart contracts and be fairly rewarded for their contributions to the decentralized ecosystem.
The total amount of investments raised amounted to $7.85 million. The funds were received from such funds as Polychain Capital, HTX Ventures, Blockchange Ventures and others.
Further in the article, we will tell you how to participate in the Airdrop BRN campaign to be able to claim awards from the protocol in the future.
Guide to completing the activities
In the campaign announcement, the t3rn team indicated that for each crosschain transaction users will receive 1 BRN, which can be exchanged for the main project token at the time of TGE. The exchange rate will be announced later.
Note: you will need a Metamask-type wallet to pass. If you don’t have one, you can use our guide to set up and configure it.
- Request test ETH on Sepolia network from Alchemy or Quicknode faucet.
- Go to the Arbitrum Bridge website and connect the wallet.
- Open the Settings tab by clicking on the address of your wallet and enable Developer Mode. After that, bridge ETH from the Sepolia network to the Arbitrum Sepolia network:
- Go to the T3rn website and connect your wallet.
- Select the Arbitrum Sepolia network and ETH token, then select the asset and the network to which you will transfer funds. Confirm the transaction. For this you get 1 BRN:
Then you can make transactions yourself, transferring tokens between different networks and earning BRN.
Additional activity
The project team is also running various campaigns on Galxe, which, according to the announcement, also offer rewards for participation:
Conclusion
Although the team claims that testnet is rewarding, it should be kept in mind that once the mainnet protocol is launched, farming will continue. After the release of the mainnet, a single transaction will yield much more BRN than at this stage. Accordingly, the total supply of points that will be converted into project tokens will be significantly diluted.
Tokenomics has set aside 50% of the total for the community, but the team plans to allocate up to 5% for the first drop phase. The final offer will depend on the success among the community of the BRN farming campaign.
Highlights:
- the team will allocate up to 5% of the total token supply for the campaign;
- BRN farming will also be available after the launch of the main project network;
- Galxe-campaign participants can also qualify for rewards;
- the team has raised a total of $7.85 mln.
If you have any questions when going through the activities, you can ask them in our X.
Useful links: Website | X | Discord
It will be interesting
