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STRATOVM Airdrop Step By Step Guides

STRATOVM

StratoVM is a Layer 2 solution built on Bitcoin, designed to unlock the full potential of DeFi applications on the Bitcoin blockchain. This innovative platform aims to address the limitations of the current DeFi ecosystem, which primarily exists on the Ethereum blockchain, by offering a scalable and high-throughput solution that improves user experience and ensures fast transactions.

Key Features of StratoVM

  • Scalability: StratoVM addresses the issue of slow block times on Bitcoin, providing a scalable and high-throughput solution that enhances user experience with fast transactions.
  • Low Transaction Costs: It aims to solve the high transaction costs associated with the existing DeFi ecosystem on Ethereum.
  • Easy Migration: Developers can migrate their dApps from Ethereum to Bitcoin with little to no modifications, making the transition seamless.
  • Security: By storing data hashes on the Bitcoin blockchain, StratoVM leverages Bitcoin’s unparalleled security.

Funding and Partnerships

StratoVM has raised a whopping $1 million acceleration program to support builders within its ecosystem. Deploy your dApp to the StratoVM Testnet and secure $SVM token allocation from the $1 million fund.

Additionally, StratoVM has partnered with Icecream Swap, a leading DEX aggregator. This strategic partnership aims to expand the SVM ecosystem, bringing innovation and expertise to the blockchain space.

Step-by-Step Guide to Getting Started with StratoVM Testnet

Step 1: Add StratoVM Testnet Network to MetaMask

Step 2: Complete Galxe Tasks

  1. Go to Galxe Quest.
  2. Connect your wallet and socials.
  3. Ensure your Galxe account is linked.
  4. Complete all tasks.

Step 3: Claim Faucet

  1. Go to StratoVM Discord.
  2. Verify your Discord account.
  3. Navigate to “request faucet”.
  4. Type in “!faucet [MetaMask address]”.
  5. Receive 0.01 BTC after some minutes.

Step 4: Mint NFT

  1. Go to StratoVM NFT.
  2. Connect your MetaMask wallet.
  3. Stay on StratoVM Testnet.
  4. Click on “mint NFT”.
  5. Approve and confirm the transaction.

By following these steps, you can start exploring and benefiting from the StratoVM Testnet. For more details and a complete guide, stay tuned to the latest updates and announcements from StratoVM and its community.

You’re interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

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