Charlie Garcia
What is Swing?
Swing enables transactions across various blockchains in the web3 ecosystem by offering a single protocol that facilitates smooth exchanges involving over 50 different blockchains. As a provider of cross-chain infrastructure, Swing allows developers and businesses to access decentralized liquidity from over 100 EVM and non-EVM blockchains, as well as bridges and DEXes, using their SDK, API, Widget, and No-Code tools.
Throughout its four years in development, Swing has established itself as an important entity in the cross-chain infrastructure field, raising $9 million from prominent investors such as Republic Capital, Arrington Capital, and Hashkey Capital. The project functions through two primary pathways: B2B solutions targeted at developers and businesses, and Galaxy Exchange, its B2C platform that allows everyday users to carry out cross-chain transactions.
Via Galaxy Exchange, the consumer-oriented platform of Swing, users can quickly swap and bridge assets across various blockchains, tapping into a vast array of liquidity sources without relinquishing control of their assets. This effective method for handling cross-chain transactions has made Swing a vital component for numerous web3 applications, which include exchanges, staking platforms, GameFi initiatives, and NFT marketplaces.
Swing airdrop Details
Swing has introduced its Points Program, a rewards initiative designed to acknowledge and motivate users of the Swing protocol. Although an official token has not been announced yet, this Points Program hints at a potential future airdrop for early users and active participants of the platform.
The Points Program is integrated with Galaxy Exchange, allowing users to earn points through multiple activities like single-chain swaps, cross-chain transfers, referrals, and involvement in special campaigns. These points gauge user activity and may lead to token rewards if Swing opts to introduce its own token.
How to Earn Swing Points: Complete Guide
- Go to Galaxy Exchange
- Connect your cryptocurrency wallet with the platform
- Choose your source chain and the token you want to swap
- Select your destination chain and the token you wish to receive
- Check the transaction details and finalize the swap
- Start earning Swing Points instantly
- Monitor your accrued points via your Galaxy Exchange dashboard
Maximizing Your Swing Points
The Swing Points Program includes various ways to earn bonuses, each aimed at promoting consistent use of the platform:
Daily and Weekly Activities
There are two types of engagement bonuses within the program:
- Daily Check-in Bonus: Gain 5 points by completing at least one transaction each day
- Weekly Check-in Bonus: Obtain 45 points for performing at least one transaction throughout the week
Transaction-Based Points
Points can be earned through various transaction methods:
- Single-chain swaps on Galaxy Exchange
- Cross-chain transfers and bridging
- Referral rewards for inviting new users to the platform
- Completion of special quests and participation in campaigns
Volume Bonus Structure
There is a volume-based bonus aspect within the program that rewards users for conducting larger transactions. These bonuses add to the points gained from standard transactions, offering further earning potential for active traders.
Tips for Optimizing Your Rewards
- Maintain Consistent Activity
- Perform at least one transaction each day to earn the daily bonus
- Engage weekly to unlock the larger weekly bonus
- Regularly monitor your point accumulation
- Utilize Various Transaction Types
- Experiment with different transaction options
- Participate in quests and available campaigns
- Consider both single-chain and cross-chain transactions
- Strategize Your Volume
- Plan larger transactions to take advantage of volume bonuses
- Position significant trades wisely to enhance point accrual
Frequently Asked Questions
What are Swing Points worth?
Currently, Swing Points act as a reflection of user activity on the platform. Their actual monetary value is still undefined, but they may play a role in future token distributions if Swing opts to issue a native token.
How long will the Points Program run?
The timeframe for the program has not been clarified, indicating that users are encouraged to participate early to attain maximum potential benefits.
Can I lose my earned points?
Points that you earn are safely stored in your account. To get the most out of the program, it’s advisable to keep participating actively.
Conclusion
The Swing Points Program allows participants to engage with a well-established cross-chain protocol, offering a potential avenue for future rewards. By actively participating and wisely using the Galaxy Exchange, users can gather points that may be beneficial during future token allocations.
Considering Swing’s role in the cross-chain infrastructure domain and the support from significant investors, this program presents a unique opportunity for those eager to get involved in promising blockchain initiatives at an early stage.
Are you looking for more projects that currently lack tokens but might airdrop governance tokens to early participants later? Be sure to check our list of potential retroactive airdrops to stay informed about upcoming DeFi airdrops!
Don’t forget to follow us on Twitter, Telegram, & Facebook, and subscribe to our newsletter for updates on new airdrops!
Overview
