Shardeum

Shardeum is an EVM based L1 that uses dynamic state sharding to achieve linearly scalability while attaining atomic composability across shards. This means Shardeum can increase its TPS capacity with each validator added to the network to retain low fees forever. Shardeum provides the highest throughput capacity of any EVM based L1 without sacrificing on decentralization. Developers can deploy and interact with Solidity or Vyper contracts without special considerations for sharding, since contracts are deployed to unique shards automatically while retaining atomic composability across all shards.

Shardeum has raised a total of $23.6M in funding from various investors and has confirmed to launch their own token called “SHM”. They’ve also confirmed to airdrop a total of 25,400,000 SHM to various participants including early contributors, incentivized testnet participants and mainnet users. Users who do testnet transactions now and also join their upcoming incentivized testnet campaign will get an airdrop once they launch their token.

Step-by-Step Guide:
  1. Visit the Shardeum website.
  2. Click on “Claim testnet SHM”.
  3. Add the Shardeum network to Metamask from here.
  4. Now visit the faucet page and request testnet SHM.
  5. You will get 100 SHM testnet coins.
  6. Now try out the dApps built on Shardeum like SharDex, Swapped Finance and ShardeumSwap.
  7. Get a domain name from dApp like DotShm.
  8. Check out the complete dApps of Shardeum from their ecosystem here.
  9. Also, try to set up a validator node. Users who run a validator node have the highest chance of receiving an airdrop, like we’ve seen with the Aptos airdrop. For more info on setting up a validator node, see this page.
  10. They’ve announced Airdrop Phase 1, in which various early contributors are eligible. A total of 3,661,600 SHM has been allocated for this Phase.
  11. Various offline and online contributors, Developers and node validators, including top social media contributors and top network testers, are eligible in this phase.
  12. You could still become eligible for Phase 1 as the cutoff time is one day before the launch of the incentivized testnet.
  13. They’ve also confirmed to airdrop 3,296,500 SHM for their upcoming incentivized campaign and an additional 18,441,900 SHM to the mainnet campaign. For more info, read this article.
  14. A total of 25,400,000 SHM has been allocated for airdrops. So there would still be multiple opportunities to earn more SHM.
  15. For more info regarding the airdrop, read this article.

Don’t forget to verify yourself with Gitcoin Passport, which is a way to ensure proof of humanity and prevent bot activity. It distinguishes real wallets from Sybil wallets, adding an extra layer of security. Creating a Gitcoin Passport and collecting stamps can help mark your wallet as “safe,” increasing your chances of being considered for airdrops by projects.

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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Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview


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