Hunting for zero-cost airdrops with Taiko Testnet 7 - The final testnet before the Airdrop

1. What is Taiko? How does Taiko present Airdrop opportunities?

Taiko is an Ethereum-equivalent ZK-Rollup, positioned as a leading contender in advancing zk-EVM technology within the Ethereum network. Operating as a layer 2 solution, it adopts the Type 1 ZK-EVM architecture, known for its exceptional compatibility with the Ethereum Virtual Machine (EVM). Notably, Taiko has garnered praise from Vitalik Buterin, being hailed as a "Fascinating Work" for its potential to enhance EVM compatibility while maintaining rapid processing speeds, surpassing those of ZK-proofs.

Developed by Taiko Labs, the project has secured significant funding, totaling $22 million through two successful rounds of financing. Notable contributors include SEQUOIA, Generative Ventures, and IOSG Ventures. Upon the conclusion of the Helka testnet, the seventh iteration, Taiko has confirmed plans for an airdrop campaign targeting users for participation and engagement.

2. Steps to participate in the Taiko Helka testnet

Step 1: Integrate the Helka network into your Metamask wallet.

• Access https://chainlist.org/chain/167009
• Connect wallet
• Add the Hekla network to the Metamask wallet

Step 2: Faucet ETH Holesky and Horse

• Faucet ETH Holesky: visit https://stakely.io/en/faucet/ethereum-holesky-testnet-eth
• Paste wallet address and verify captcha => Connect with Twitter and tweet to receive ETH testnet on the Holesky network

• You can also access the $ETH testnet faucet at: https://holesky-faucet.pk910.de
• For $HORSE token faucet: visit https://bridge.hekla.taiko.xyz/faucet to acquire HORSE tokens on the Holesky network.

Step 3: Bridging $ETH and $HORSE to the Helka network

• Access https://bridge.hekla.taiko.xyz
• Connect your wallet
• Transfer $ETH from the Holesky network to the Helka network
• Proceed to transfer $HORSE from the Holesky network to the Helka network

Step 4: Exchanging tokens between pairs

• Access https://swap.hekla.taiko.xyz/#/swap
• Connect your wallet
• Execute a minimum of 10 transactions between token pairs

Step 5: After successful swaps, participants proceed to the Pools section to provide liquidity for any desired token pair.

• Select "New Position"
• Then choose the trading pair you wish to provide liquidity for and select the Fee Tier
• Finally, enter the amount of tokens you want to provide liquidity for.

3. Conclusion

The aforementioned guide provides detailed instructions for participating in the Taiko 7 testnet named Helka. Amidst the backdrop of numerous prominent projects facing community backlash due to inadequate airdrop criteria and tokenomics, Taiko emerges as a pioneering Layer 2 solution by initiating an airdrop immediately following the testnet phase. It is hoped that all participants will receive the project's airdrop in the future. For further inquiries, individuals are encouraged to visit the Bigcoin Chat group for comprehensive guidance.