Charlie Garcia
Rainbow Protocol is an advanced overlay protocol created to introduce programmability to the Bitcoin ecosystem. By incorporating an interoperability layer on top of Bitcoin, Rainbow Protocol extends the core functionalities of Bitcoin, enabling developers to build and execute intricate smart contracts and decentralized applications (dApps) on the Bitcoin network.
Rainbow Protocol is hosting an incentivized testnet for its users, starting at block height 42000. Participants can mint, send, and stake tokens to engage with the testnet.
The platform currently has a token and assures users that they will be rewarded with tokens for their participation in the testnet.
Step-by-Step Guide:
- Go to the Rainbow Protocol testnet page.
- Connect your Wizz or Unisat Wallet.
- Switch the network to BTC testnet4.
- Obtain testnet4 BTC from this faucet.
- Mint, stake, swap, or transfer your tokens.
- Earn free Rainbow tokens for engaging with the testnet.
- For more airdrop details, refer to the quick start guide.
If you are interested in projects that do not have a token yet and may potentially airdrop a governance token to early users in the future, explore our list of potential retroactive airdrops to ensure you don’t miss out on the next DeFi airdrop!
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