Loading...What is XyloNet?
XyloNet is a stablecoin-focused DeFi protocol built on Arc Network, Circle’s Layer 1 blockchain. The platform operates as a StableSwap AMM offering low-slippage stablecoin trading, cross-chain bridging through Circle’s native CCTP, liquidity pools for fee generation, and yield vaults for passive income.
The protocol positions itself as a social-first liquidity and payments layer, integrating identity-based payments through partnerships with PayX TipBot. Users can swap major stablecoins like USDC, USDT, and DAI with minimal slippage, bridge assets across multiple chains without wrapped tokens, and earn yields through automated vault strategies.
XyloNet Airdrop Details
XyloNet has not confirmed a token launch or airdrop. The platform currently operates a points campaign where users earn XP through on-chain activities and social engagement. Points accumulate based on trading volume, vault deposits, tips sent, and completed social tasks. The campaign runs on Arc testnet, requiring no real assets or gas fees beyond test tokens.
Eligibility requires completing verification and connecting a wallet to the XyloNet dashboard. Points are awarded logarithmically for swap volume, proportionally for vault deposits, and in fixed amounts for social tasks. Users can track earnings on the points leaderboard and increase totals through referrals.
How to Participate in XyloNet Points Campaign
Step 1: Visit the XyloNet platform
Step 2: Click “Connect Wallet” in the top right corner and select your Web3 wallet
Step 3: Switch to Arc Network testnet when prompted (the site will guide you through adding the network)
Step 4: Navigate to the “Points” section to view available tasks
Step 5: Complete social verification tasks to earn free XP
Step 6: Request testnet USDC from the Arc faucet or bridge test tokens to Arc testnet
Step 7: Perform swaps on the DEX by selecting token pairs and executing trades (points scale with volume)
Step 8: Deposit test stablecoins into yield vaults under the “Vaults” tab to earn time and deposit-based points
Step 9: Install the PayX Chrome extension from the tools section
Step 10: Send tips to X posts using the extension to earn additional points
Step 11: Share your referral link from the dashboard to earn points when others join
Frequently Asked Questions
Is the XyloNet airdrop confirmed?
No. XyloNet has not confirmed token launch or airdrop plans. The current points campaign may or may not lead to future rewards.
Do I need real USDC to participate?
No. All activities occur on Arc testnet using test tokens with no monetary value. Use faucets to obtain necessary test assets.
How are points calculated for swaps?
Points scale logarithmically with trading volume. Higher volumes earn more points, but returns diminish as volume increases. Specific formulas are not publicly documented.
How long does the points campaign run?
No end date has been announced. Campaign duration depends on development timelines and potential mainnet launch plans, which remain unconfirmed.
Conclusion
XyloNet’s points campaign provides risk-free testnet experience with Arc Network’s stablecoin infrastructure. Complete social tasks for immediate XP, execute swaps to earn volume-based points, and maintain vault deposits for ongoing rewards.
While no airdrop is confirmed, early participation establishes position if future token distribution occurs. Track progress through the dashboard leaderboard and maximize points through consistent engagement and referrals.
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
