Monad testnet is live: How to Participate and Earn Airdrop Rewards

Monad testnet is live: How to Participate in the Monad Testnet and Earn Airdrop Rewards

The Monad Testnet is live, offering users the chance to interact with its high-performance blockchain while earning potential airdrop rewards at TGE (Token Generation Event). If you want to maximize your participation and claim testnet tokens, follow this step-by-step guide.

OVERVIEW

PROJECT: Monad
💰FUNDING: $225M
☑️BACKER:Paradigm, Coinbase Ventures, Electric Capital, and Greenoaks.
⌛️TIME: 10MINS
💧AIRDROP STATUS: CONFIRMED
🤑REWARD TYPE: TestNet
💳COST:0

🚀 What is Monad?

Monad is a Layer 1 blockchain designed to be faster and more scalable than traditional networks like Ethereum. With EVM compatibility, parallel execution, and a custom state database, it aims to provide seamless support for various decentralized applications (dApps).

🔥 Key Features of Monad

  • High-Performance Blockchain
  • EVM Compatibility
  • Support for Various Applications
  • Parallel Execution
  • Custom State Database
  • Growing Ecosystem

Additionally, Monad Labs has successfully raised $225 million in funding from major investors, including Paradigm, Coinbase Ventures, Electric Capital, and Greenoaks.

Monad Testnet Airdrop: Get Started;

Now, let’s get started with the testnet!

🛠 Step-by-Step Guide to Participating in Monad Testnet

✅ Step 1: Connect to Monad Testnet

  1. Visit testnet.monad.xyz
  2. Click on “Manually add network”
  3. Approve the transaction in your MetaMask wallet
  4. Sequentially, click Continue to proceed

💰 Step 2: Claim Faucet Tokens

  1. Copy and paste your wallet address into the faucet claim box.
  2. If you’re a Monad Discord member, connect your Discord account to claim additional tokens.
  3. Token Distribution:
    • 5 MON for users with “Full Access” in Monad’s Community/Dev Discord
    • 2 MON for users with 0.01 ETH & an outgoing transaction on Ethereum Mainnet
    • 0.05 MON as the default amount for all other users.

📌 Note: If you encounter errors while claiming the faucet, try again later. It’s a testnet, so bugs are expected!


🔄 Step 3: Make Your First Trade

To interact with the testnet, you can trade tokens like Molandak, Moyaki, & Chog by following these steps:

  1. Visit testnet.monad.xyz and connect your wallet.
  2. Scroll down to find the available testnet tokens.
  3. Take note of their prices and execute a trade.
  4. Alternatively, swap tokens via Uniswap Testnet.

🔴 Remember: Since this is a testnet, you may experience bugs and transaction errors. Just retry, and things will improve over time.


🎮 Step 4: Play the Fantasy Game

Fantasy

Furthermore, Monad has launched a fantasy game competition where users can win multiple whitelist spots.

  1. Visit Monad Fantasy
  2. Connect using Google or X (formerly Twitter)
  3. Play the game and stay engaged for future rewards!

🏦 Step 5: Interact with DApps (Curvance)

One of the best ways to qualify for future airdrops is by engaging with Monad’s ecosystem dApps. Start with Curvance:

  1. Visit Curvance Leaderboard
  2. Connect your wallet
  3. Perform the following interactions:
    • Mint testnet tokens
    • Deposit assets
    • Collateralize and borrow assets
    • Repay loans
    • Lend assets
    • Lock and unlock MON tokens
    • Withdraw funds

Moreso, for more ecosystem projects, explore Monad Ecosystem.


🏆 Final Thoughts

Participating in Monad Testnet not only gives you firsthand experience with its high-performance blockchain but also increases your chances of receiving a MON airdrop at TGE.

With zero fees, easy-to-use dApps, and multiple ways to earn rewards, there’s no reason not to get involved. Stay tuned for more updates as the testnet evolves!

Finally, let us know what you think. Comment your thoughts below and follow us on our telegram and X channels.

👉 Start now: testnet.monad.xyz