What is the t3rn Airdrop and How Can You Benefit from It?

2025-01-08
What is the t3rn Airdrop and How Can You Benefit from It?

The t3rn Airdrop, featuring the innovative BRN token, is a unique community-driven initiative that rewards participants for engaging with the t3rn ecosystem. 

Whether you're a developer, user, or part of the broader blockchain community, this airdrop offers an opportunity to earn BRN tokens and eventually convert them into the mainnet TRN token at the Token Generation Event (TGE). Here's everything you need to know about how the t3rn Airdrop works and how you can participate.

What is the t3rn Airdrop?

The t3rn Airdrop is a reward program designed to celebrate and incentivize the community for their active involvement in the t3rn ecosystem. Participants can earn BRN tokens by executing testnet and mainnet cross-chain transactions, supporting the platform's development, and contributing to the network's growth. 

These BRN tokens can later be redeemed for the TRN token during the Token Generation Event (TGE), allowing users to convert their earned tokens into the new native asset of the t3rn platform.

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How Does the t3rn Airdrop Work?

  1. Testnet Transactions: Every time you complete a cross-chain transaction on the t3rn testnet, you earn 1 BRN token. These test transactions are critical for the development and fine-tuning of the protocol.

  2. Mainnet Transactions: Mainnet transactions yield significantly higher rewards. The value of BRN tokens you earn is proportional to the USD value transferred in a transaction. Both the user and the executor of a transaction can earn up to 20,000 BRN per user address, incentivizing larger transactions.

  3. Redeeming BRN for TRN at TGE: Upon the full launch of the t3rn mainnet and the TRN token, participants will have the opportunity to "burn" their BRN tokens to receive TRN tokens. This burn mechanism ensures a seamless transition from BRN to TRN.

BRN Tokenomics: A Community-Centric Model

The BRN token is designed with a balanced and community-focused approach. Here's how the tokenomics works:

  • Token Allocation: 50% of the total supply is reserved for the community, 40% for ecosystem support, and 10% for the treasury. There are no tokens allocated for sales or the team.

  • No Locking Periods: All tokens are available immediately without vesting or locking periods, promoting fair and transparent access.

  • Fixed Supply: The supply of BRN tokens is fixed, ensuring no inflationary pressure and providing clarity on token circulation.

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How to Earn BRN Tokens?

There are several ways to earn BRN tokens as part of the t3rn ecosystem:

  • Community Initiatives: Participate in campaigns, follow t3rn on social media, and engage in community activities.

  • Protocol Engagement: Join the testnet and make cross-chain transactions to earn BRN for each transaction you complete.

  • Executor Liquidity: Executors who provide liquidity and contribute to cross-chain interoperability are rewarded with BRN tokens.

  • Collators & Attesters: Validate and verify transactions to help maintain the network, earning BRN tokens in return.

What Happens at the TRN Token Launch?

At the TRN token launch, the t3rn community will have the opportunity to burn their BRN tokens in exchange for TRN tokens. Up to 5% of the total TRN token supply will be distributed to the community as part of this unique airdrop program.

The exact percentage depends on the success of the BRN campaign and the level of community participation.

The BRN to TRN conversion process ensures full sybil resistance, guaranteeing that only legitimate participants can redeem their tokens.

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FAQ

1. How do I earn BRN tokens?

  • You can earn BRN tokens by participating in testnet and mainnet transactions, contributing liquidity, and engaging in community initiatives.

2. What can I do with my BRN tokens?

  • BRN tokens can be burned for TRN tokens during the Token Generation Event (TGE), offering you a chance to claim the native asset of the t3rn ecosystem.

3. How is the BRN token distributed?

  • BRN tokens are distributed across the community (50%), ecosystem (40%), and treasury (10%) without any sales or team allocations.

4. Is there a lock or vesting period for BRN tokens?

  • No, all BRN tokens are available immediately with no vesting periods or lock-up conditions.

Disclaimer: The content of this article does not constitute financial or investment advice.

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