Interact with Plaza Finance Testnet Activity for Potential Airdrop

Unyime Etim
3 min readFeb 3, 2025

What is Plaza Finance Testnet?

Plaza Finance is a decentralized finance (DeFi) platform designed for long-term investors, focusing on sustainable and composable DeFi products. The testnet introduces tools like bondETH and levETH, aimed at users seeking stable yields or leveraged exposure to Ethereum without the risks of liquidation.

How to Farm the Airdrop:

Prerequisites:

  • Wallet: You’ll need a compatible wallet like MetaMask.
  • Small ETH Deposit: Ensure you have at least $1 worth of ETH on the Base, Ethereum, or Arbitrum mainnet to prove wallet activity.

Steps to Farm:

Photo by Carlos Muza on unsplash
  1. Registration:

— Visit the Plaza Finance testnet site: Use the referral code ⏩[HAxb1nVNXZE4].

2. Wallet Connection:

— Connect your MetaMask wallet. Set your wallet to the Base Sepolia Testnet.

3. Deposit Confirmation:

— Confirm you have the required ETH in your wallet on mainnet.

4. Claim Testnet Tokens:

— Go to the “Dashboard” or similar to claim testnet tokens (Base Sepolia ETH, Plaza wstETH, Plaza USDC) for platform interaction.

5. Interact with the Platform to Earn Points:

— Buying/Selling bondETH: Earn points by trading these tokens.

— Leveraging with levETH: Points are awarded for transactions involving levETH.

6. Daily Engagement:

— Request testnet tokens daily to continue farming points.

7. Community and Social Engagement:

— Link social accounts, join Plaza’s Discord, and participate in community activities to increase point multipliers.

8. Referral System:

— Use your referral link to earn additional points when others join through your link.

Unlocking Levels and NFTs:

Photo by Andrey Metelev on Unsplash
  • Levels and Points:

— Level 1 — Early Tester: Reach 50 points to claim your first NFT.

— Level 3 — Testnet Enthusiast: 200 points unlock this level’s NFT.

— Level 5 — Connoisseur: 500 points for another exclusive NFT.

— Level 7 — Master: 1000 points for a limited edition NFT (only 2500 NFTs, tradable on OpenSea).

  • NFT Rewards: Each level you unlock provides you with a unique NFT. These NFTs are not just rewards but also serve as badges of your engagement and dedication to the platform. They can potentially hold value or grant special privileges within the Plaza Finance ecosystem on the mainnet.

Potential Airdrop Value:

  • Based on posts found on X, the speculated value for rewards can range from $500 to $2,500, though this is not officially confirmed.

Additional Information:

  • No Real Asset Risk: Use of testnet tokens means no financial risk.
  • - Educational: A chance to learn about DeFi tools in a risk-free environment.
  • - Stay Informed: Follow Plaza Finance’s official channels for the latest on points, NFTs, and potential airdrops.

Conclusion:

Engaging with Plaza Finance’s testnet requires minimal investment (just wallet setup and interaction), offering the chance to earn points and unlock NFTs at various levels. These NFTs could have future value or utility. Remember, all reward values are speculative until officially confirmed by Plaza Finance.

> Disclaimer: This isn’t a financial advice; consult one if needed.

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Unyime Etim
Unyime Etim

Written by Unyime Etim

Writer || Crypto Enthusiast || Artiste

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