The campaign will see 200,000 TENFI tokens airdropped to 2,000 lucky participants.
Airdrops and CoinMarketCap
Crypto airdrops are distributions of a cryptocurrency to many people. The recipients often get the tokens at no cost, though they are usually required to meet requirements that involve engaging with the platform. Airdrops are of mutual benefit to both the sender and receiver. For the receivers, it is a kind of passive income. There is such a negligible cost for entering that any winnings might as well be free – the best kind of income!
On the other hand, airdrops are very important to the platforms or projects that send them out. More often than not, these projects are new/upcoming and use airdrops to kick-start adoption. When a project distributes airdrops, it puts the tokens in the hands of potential users, thus helping build a project’s user-community.
The world’s most famous market information website, CoinMarketCap, periodically runs airdrop campaigns. The campaigns leverage CoinMarketCap’s extensive community to help nascent projects acquire exposure.
New Airdrop Campaign
CoinMarketCap is partnering with TEN Finance – a yield optimization protocol on BSC, in the latest CMC airdrop campaign. Announcing the airdrop, TEN Finance said that a total of 200,000 TENFI tokens would be airdropped to 2,000 winners.
How To Participate In The Airdrop
Log into your CoinMarketCap account here (or create an account if you do not have one).
Visit this link and TENFI to your watchlist.
Follow TEN Finance on Twitter.
Join the official TENFI Telegram group.
Retweet this pinned Announcement Tweet and tag at least three followers.
Enter your details in the participation form.
TEN Finance will randomly choose 2,000 winners from a pool of all who completed the steps. The winners’ list will be published on Tuesday, June 15.
Duration of the airdrop campaign: June 4 – June 10, 2021
TEN Finance is a yield-optimization platform built on the Binance Smart Chain. TEN, which is an acronym for Token Enrichment Network, simplifies the process of staking/yield-farming whilst offering high APY returns.
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.