Week Recap : Claiming Rewards and News !

Week Recap : Claiming Rewards and News !

By Astroboy13 | CryptoByte | 16 Jun 2024


This week was rich in news, with a lot of airdrops such as Aethir and IoNet. Let’s see how to claim those tokens, what to do, and how their launch went !

1*s-lyPiQ5l3cgqxRVaDCsKw.jpeg Photo by AbsolutVision

Rewards Time !

This week, people who participated in the airdrop of IoNet ($IO) and Aethir ($ATH) got their hands on an airdrop. You can check your eligibility for IoNet drop here, you have to enter your Solana address. The claim will close on June 18th !

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Let’s take a look at the price of those tokens :

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For the IoNet token, we can clearly see that there is a lot of hype around it despite the Fear, Uncertainty, and Doubt (FUD) on social media. 

Two important things to note are the Fully Diluted Valuation (FDV) of 4.4 billion at the time of writing, which is almost at the same level as Render ($RNDR), one of the historical leaders (and partner of IoNet) of DePin infrastructure just like IoNet.

1*6qJ6017eDjDC2ChYcyHeog.png

So that clearly shows the hype around $IO. Furthermore, the 24h Volume of $IO is very high (545 million) compared to other top crypto such as Avalanche ($AVAX) and Toncoin ($TON). It’s 5 times more than Polkadot ($DOT) and 6 times more than Render ($RNDR).

1*oeBWk3j5hh3DPIIhD16EgA.png Source : Crypto Bubbles

That can be explained by the fact that $IO was in the Binance launchpool, offering great publicity, and is now trading on Binance, the world’s largest crypto exchange with over 200 million users across the globe!

Let’s now take a look at $ATH, the currency of the Aethir project, which is also in the DePin sector.

1*S5Kfz0ymJHqHo3HVxs2GZg.png

$ATH had a rough start and is now in a correction phase. The volume is significant, showing the enthusiasm around the launch. Unlike $IO, $ATH is not listed on Binance for now.

For those who think they might be eligible, check here. There is no transaction needed, you just have to enter your EVM address and if you are eligible you will have to sign. You have until July 28th to claim your reward for the first season of the drop.

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For those who were able to get some $ATH, you can stake it here. We don’t have information about the APY, but we know that there will be rewards for stakers :

1*vfeIJ3F6Q3KgH-6DoUkD7Q.png Source : Aethir blog

There are two pools of staking, one for gaming and the other one for AI. If a partner of Aethir in the field of AI makes an airdrop for Aethir stakers, it will be for the AI pool and vice-versa for gaming partners.

As always thank you for reading !

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Disclaimer : This is not a financial advice, you need to do your own research !

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Astroboy13
Astroboy13

No hype, just alpha. Discover the crypto ideas and projects worth your attention.


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