Sunder Protocol

How to Participate in the Sunder Protocol Airdrop

Follow these steps to participate in the Sunder Protocol airdrop and maximize your chances of receiving SUNDER tokens:

1. Visit Sunder Protocol website and connect your wallet (preferably Rabby or another EVM-compatible wallet).
2. Acquire HYPE tokens from Hyperliquid, as you’ll need them to interact with the protocol. HYPE is the native token of the Hyperliquid ecosystem.
3. Transfer HYPE to HyperEVM by following the bridge instructions on the Hyperliquid platform.
4. Swap HYPE to WHYPE and/or SUNDER on the Sunder Protocol interface. WHYPE is the wrapped version of HYPE that’s used within the Sunder ecosystem.
5. Perform regular swaps between these tokens to earn points. Consistent activity is likely to be rewarded more than one-time large transactions.
6. Provide liquidity to the WHYPE/SUNDER pool to earn additional points:
   • Navigate to the “Pool” section
   • Select the WHYPE/SUNDER pair
   • Enter the amount you wish to provide
   • Confirm the transaction
7. Lock SUNDER tokens to create a veSUNDER position:
   • Go to the “Lock” section
   • Enter the amount of SUNDER tokens you want to lock
   • Choose your lock time (longer periods typically yield more voting power)
   • Click “Create” and confirm the transaction in your wallet
8. Participate in governance voting:
   • Navigate to the “Vote” section
   • Enter 100% under “Vote %” for the WHYPE/SUNDER pool
   • Click “Cast Vote” and confirm the transaction
9. Follow Sunder Protocol on X (Twitter) for the latest updates about the airdrop and points program.

Maximizing Your Airdrop Potential

To increase your chances of receiving a larger allocation in the Sunder Protocol airdrop, consider these strategies:

• Engage regularly with the protocol rather than performing one-time transactions
• Diversify your activities across swapping, liquidity provision, and governance
• Lock SUNDER for longer periods to demonstrate commitment to the protocol
• Maintain liquidity in the WHYPE/SUNDER pool over extended periods
• Stay informed about any updates to the points system through official channels

Understanding ve(3,3) and veSUNDER

The ve(3,3) model used by Sunder Protocol combines two powerful DeFi concepts:

Vote-Escrow (ve): This allows users to lock tokens for a period of time (up to 4 years typically) in exchange for voting rights and rewards. The longer you lock, the more voting power you receive.

(3,3): This refers to game theory notation popularized by OlympusDAO, where mutual cooperation (holding or staking tokens) benefits all participants.

When you lock SUNDER tokens, you receive veSUNDER in return. This veSUNDER:

• Gives you voting power in protocol governance
• Allows you to direct emissions to preferred liquidity pools
• May earn you a share of protocol fees
• Demonstrates your commitment to the ecosystem

Understanding this mechanism is crucial for maximizing your participation in the Sunder ecosystem and potentially your airdrop allocation.

HyperEVM Essentials for Sunder Protocol Users

What is HyperEVM?

HyperEVM is the Ethereum Virtual Machine implementation on the Hyperliquid network, allowing for familiar EVM-based interactions while benefiting from Hyperliquid’s performance advantages. For Sunder Protocol users, understanding a few key aspects of HyperEVM is essential:

• Gas fees are paid in HYPE, which must be bridged from Hyperliquid
• WHYPE is the wrapped version of HYPE used within DeFi applications on HyperEVM
• Bridging assets requires following specific steps on the Hyperliquid platform
• Transaction speeds are typically faster than on Ethereum mainnet

Bridging to HyperEVM

To interact with Sunder Protocol, you’ll need to bridge assets to HyperEVM:

• Create or access your account on Hyperliquid
• Acquire HYPE tokens through exchanges or trading
• Click on “Transfer to EVM” on Hyperliquid
• Select the amount to transfer to HyperEVM
• Wait for confirmation (typically faster than Ethereum bridges)
• Once on HyperEVM, you can swap HYPE for WHYPE to use in Sunder Protocol

FAQs

When Will the Sunder Airdrop Take Place?
The exact date for the Sunder Protocol airdrop hasn’t been announced yet. The team has confirmed the airdrop will happen, with 32% of the token supply allocated for it, but participants should follow official channels for timeline updates.

How Many SUNDER Tokens Will I Receive?
The distribution formula hasn’t been disclosed yet. Allocation will likely be proportional to your activity and engagement with the protocol through the points system. Diversifying your participation across swapping, liquidity provision, and governance will likely maximize your potential allocation.

Is There a Minimum Requirement to Qualify?
While no specific minimum requirements have been officially announced, users should aim to engage with multiple aspects of the protocol. Even small amounts of activity across different features (swapping, providing liquidity, and voting) are better than none.

Can I Participate from Any Country?
Sunder Protocol operates as a decentralized protocol, but users should always verify their local regulations regarding participation in token airdrops and DeFi activities.

What Happens After I Lock My SUNDER Tokens?
After locking SUNDER tokens, you’ll receive veSUNDER, which provides voting power in protocol governance. You won’t be able to unlock your SUNDER until the lock period expires, but you’ll be able to participate in governance and potentially earn additional rewards.

Risks and Considerations

While participating in the Sunder Protocol airdrop, be aware of these potential risks:

• Smart contract risks: As with any DeFi protocol, smart contract vulnerabilities could potentially affect your funds.
• Impermanent loss: When providing liquidity, price changes between paired assets can result in impermanent loss.
• Lock period inflexibility: Once you lock SUNDER tokens, they cannot be unlocked until the lock period expires.
• Market volatility: The value of SUNDER and related tokens may fluctuate significantly.
• Evolving criteria: The airdrop criteria might evolve over time, so staying updated is crucial.

Always practice responsible risk management by only using funds you can afford to lose and staying informed about protocol developments.

Conclusion

The confirmed Sunder Protocol airdrop presents an exciting opportunity for users to participate in a promising ve(3,3) DEX on HyperEVM. By engaging with multiple aspects of the protocol—swapping tokens, providing liquidity, and participating in governance—users can position themselves to receive SUNDER tokens when the airdrop occurs.

Early and consistent participation is likely to be rewarded, so those interested should consider beginning their engagement with Sunder Protocol sooner rather than later. As with any DeFi opportunity, users should conduct their own research, manage risks appropriately, and stay informed through official channels.