DappRadar PRO members will receive a share of $50,000 worth of NET tokens from Nektar Network.
DappRadar PRO members will receive a share of 500,000 NET tokens from Nektar Network. A snapshot has been taken and token distribution will happen by the team at Nektar Network. Find out how to claim your tokens!
Nektar Network will distribute 500,000 NET tokens to the DappRadar PRO community. The community will have immediate access to 8.33% (1/12th) of the airdropped tokens, while the remaining 91.67% will vest linearly over a period of 11 months. This means that every day PRO members will be able to claim NET tokens, as they unlock over time. The unlock will be completed after 11 months.
Nektar Network launched their token today on various exchanges, such as MEXC and Gate.io. Moreover, token holders can provide liquidity on Balancer, stake their LP tokens and earn generous liquidity provision bonus rewards. The APR at the time of writing sits at 1,364%, but this will drop over time as more people provide liquidity to the NET-WETH pool.
Nektar Network part of DappLaunch
Nektar Network is one of the first four partners of DappLaunch, an initiative to support early-stage projects with marketing and development support. Projects in the DappLaunch program can expect to get access to tools, services and discounts from top-tier industry partners, such as OKX, Polkastarter, QuickNode, AWS, Lunar Strategy and more.
DappRadar aims to connect every partner in the DappLaunch program to our DappRadar PRO community. Through this PRO Airdrop, the community gets an entry in one of the exciting projects in the DappLaunch program. We expect to welcome more projects in 2025 as the program shapes up, build a reputation, and helps partners to build their projects and grow their community.
What is Nektar Network
Nektar Network is a marketplace for decentralized infrastructure, and connects operators, networks and delegators to match their infrastructure and liquidity needs. For example, Nektar Network can support AI infrastructure by proving computing power. In addition, Nektar offers a Decentralized Asset Manager which allows delegators to aggregate liquidity to support various networks.
It supports a wide range of users, from professional node operators to gaming aficionados, from shared security protocols to liquidity pools. Nearly any participant in the modular decentralized economy can use Nektar to distribute rewards or source compute power without relinquishing token control or altering incentive mechanics.
How to claim your NET token airdrop
We have taken a snapshot for our PRO members, and therefore this airdrop is only available to the DappRadar PRO community. You can join PRO here. Nektar Network, one of the DappLaunch projects, will airdrop 500,000 NET tokens to the PRO community. Tokens can be claimed from the Nektar Network platform. 1/12th is immediately unlocked, after that the other 11/12th will unlock over the coming 11 months.
Claiming will start on December 5th 2024 at 12PM UTC.
This is how you can claim your airdrop:
- Go to Hedgey to claim your locked NET tokens.
- Connect your DappRadar PRO membership wallet
- Click “Claim NFT”, and complete the transaction. This will require a small fee.
- Now you have your locked NET tokens as a non-transferable NFT.
- To claim the unlocked tokens, again go to Hedgey.
- Connect your wallet, and click “Proceed to Step 2”.
- Click “Check eligibility”
- Accept the Terms, and sign the message.
- Click “Claim NET” and complete the transaction.
- This action claims all the unlocked tokens into your wallet, and you can do this multiple times during the 11 month linear vesting period.
