Alphador

SparrowSwap Airdrop Guide

sparrowswap

Event details

Status
active
Risk
1/10
Links
Alphador Rating
alphador
good
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What is SparrowSwap

SparrowSwap is the native DEX on Sei network, built by the Sei native team. You will be able to farm, stake, and swap with the platform. If you are familiar with Sei, you won’t have any problem.

Sei serves as plumbing for the future financial system - infrastructure to support capital markets, starting with exchanges. As the first Layer 1 specialized for trading, SEI claims to be the fastest chain to finality, optimizing every layer of its stack to give exchanges an unfair advantage.

Sei has raised $30M, bringing the valuation up to $800M, and Jog, the co-founder said. The money will also be used to expand its presence in the Asia-Pacific region, he added 

The blockchain is still in its public testnet phase and plans on launching its mainnet later this year, hopefully in the second quarter, he added. Blockchains use testnet periods to run and test projects on their network prior to a full launch.

“From our side, we had ample runway,” Jog said. Sei raised a $5 million seed round in August 2022, but said the primary goal for this round wasn’t “just focused on capital, but to get the right set of partners.”

Investors in the new round include Jump Crypto, Distributed Global, Multicoin Capital, Asymmetric Capital Partners, Flow Traders, Hypersphere Ventures, and Bixin Ventures.

How to get SparrowSwap Airdrop

In order to make your account eligible for a potential SparrowSwap airdrop you need to interact with the SparrowSwap DEX. Use our checklist to qualify for an airdrop. 
 

How to participate