🚁 Potential Airdrop: Socket
It's a cross-chain interoperability protocol that, like LayerZero, is set to launch its native token, which has already been confirmed.
Backers include Coinbase, Framework, and Mark Cuban.
Here is how to interact for both developers and users👇
It's a cross-chain interoperability protocol that, like LayerZero, is set to launch its native token, which has already been confirmed.
Backers include Coinbase, Framework, and Mark Cuban.
Here is how to interact for both developers and users👇
🧵 Index of this thread:
- Info about the project & token. [1-2]
- For developers. [3-4]
- For users. (Dapps to use) [5-8]
- Info about the project & token. [1-2]
- For developers. [3-4]
- For users. (Dapps to use) [5-8]
1/8
🔮 Info about the project & token:
Socket enables secure and efficient data and asset transfers across multiple chains. It's mainly aimed at devs willing to build cross-chain Dapps.
These are the 2 key components in the stack:
- Socket Liquidity Layer
- Socket Data Layer
🔮 Info about the project & token:
Socket enables secure and efficient data and asset transfers across multiple chains. It's mainly aimed at devs willing to build cross-chain Dapps.
These are the 2 key components in the stack:
- Socket Liquidity Layer
- Socket Data Layer
2/8
Now the tech can be compared to LayerZero and could be a competitor of the same.
Socket has also confirmed its native token for governance and other use cases.
💰 The ticker and tokenomics are yet to be announced. $SOC maybe?
So...how to interact👇
Now the tech can be compared to LayerZero and could be a competitor of the same.
Socket has also confirmed its native token for governance and other use cases.
💰 The ticker and tokenomics are yet to be announced. $SOC maybe?
So...how to interact👇
3/8
👨🏾💻 For Developers.
On May 1, they launched the SocketSurge Incentivized testnet.
‣ Rewards: $150K USDC
‣ Join here: surge.socket.tech
• Basically, you have to find bugs and try to break the data layer and collect points.
👨🏾💻 For Developers.
On May 1, they launched the SocketSurge Incentivized testnet.
‣ Rewards: $150K USDC
‣ Join here: surge.socket.tech
• Basically, you have to find bugs and try to break the data layer and collect points.
5/8
👨🏽🤝👨🏼 For users.
Now obviously the main thing we can do here is to interact with the Dapps.
Socket is currently powering 70+ protocols.
Most of these Dapps don't have a native token, so we are basically catching two fish with one bait.
Here are the 5 main Dapps...
👨🏽🤝👨🏼 For users.
Now obviously the main thing we can do here is to interact with the Dapps.
Socket is currently powering 70+ protocols.
Most of these Dapps don't have a native token, so we are basically catching two fish with one bait.
Here are the 5 main Dapps...
6/8
1. Bungee [@BungeeExchange]
- Now this Dapp is developed by Socket itself.
- Open: bungee.exchange
- Transfer tokens from one EVM chain to another.
2. Zapper [@zapper_fi]
- Open: zapper.xyz
- Bridge from Polygon to Arbitrum or Optimism to Arbitrum.
1. Bungee [@BungeeExchange]
- Now this Dapp is developed by Socket itself.
- Open: bungee.exchange
- Transfer tokens from one EVM chain to another.
2. Zapper [@zapper_fi]
- Open: zapper.xyz
- Bridge from Polygon to Arbitrum or Optimism to Arbitrum.
7/8
3. Zerion [@zerion]
• Open: app.zerion.io
• Use the bridge functionality.
4. Rainbow [@rainbowdotme]
• Rainbow is a wallet similar to Metamask.
• They have used Socket for the bridge.
• So try that out.
3. Zerion [@zerion]
• Open: app.zerion.io
• Use the bridge functionality.
4. Rainbow [@rainbowdotme]
• Rainbow is a wallet similar to Metamask.
• They have used Socket for the bridge.
• So try that out.
8/8
5. Slingshot [@SlingshotCrypto]
• They have integrated Socket in their bridging Dapp.
• You can bridge from one chain to another: app.slingshot.finance
Trying out these bridges is the best thing you can do to interact with the messaging protocol.
5. Slingshot [@SlingshotCrypto]
• They have integrated Socket in their bridging Dapp.
• You can bridge from one chain to another: app.slingshot.finance
Trying out these bridges is the best thing you can do to interact with the messaging protocol.
If you like such threads and detailed guides!
You can follow this checklist:
✔ Follow: @its_airdrop
✔ Join on telegram: t.me
See ya!
You can follow this checklist:
✔ Follow: @its_airdrop
✔ Join on telegram: t.me
See ya!
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