Variational is a Peer-to-Peer (P2P) trading platform built on Arbitrum, enabling users to trade derivative financial products without intermediaries. The project is currently in the Testnet phase and has confirmed that it will offer a VAR token airdrop to users who actively participate. This article will guide you on how to participate in the Variational Airdrop and maximize your chances of earning rewards from the project.
What is Variational?
Variational is a Peer-to-Peer (P2P) trading platform built on Arbitrum, designed to provide a flexible and simple solution for trading derivative products. This platform allows users to trade financial products such as perpetual contracts, futures contracts, and other derivatives without the need for intermediaries. This not only reduces trading costs but also ensures a fast and transparent trading experience.
Built on Arbitrum, one of Ethereum’s leading Layer 2 blockchains, Variational leverages the power of this technology to offer fast and efficient trading with low fees. The project is still in development and already features pioneering products, including two main trading platforms: Omni and Pro.
- Omni: This platform is designed for casual users. With Omni, users can trade leveraged financial products without complicated processes. Popular trading pairs such as Crypto, Point, Pre-Market, and meme coins are key highlights of this product.
- Pro: Tailored for professional traders, Pro offers the ability to trade more complex financial products such as options and futures contracts. Additionally, users can trade unlisted tokens and adjust factors like margin, liquidation, and payment conditions as required.
With an experienced founding team in finance and technology, Variational is gaining significant attention from the DeFi community and major investors.
Key features of Variational
- Fast and intermediary-Free trading: Variational’s P2P trading system on Arbitrum allows users to execute trades quickly without the need for intermediaries. This helps reduce transaction fees and processing times, providing a smoother experience compared to traditional exchanges.
- Potential of derivative financial products: Variational enables trading of perpetual contracts and other derivative products, creating a promising space for professional traders. This attracts major investors and provides an accessible platform for smaller users to enter the derivative financial market.
- Ability to trade unlisted Tokens: Variational provides a great opportunity for users to explore new or unlisted tokens on major exchanges. Trading these tokens not only offers the chance for profits but also allows users to participate in promising projects from the start.
- Leverage financial products support: Omni, the beginner-friendly trading product, enables leveraged trading with minimal procedures. This key differentiator makes it easier for small investors to participate in complex financial markets without significant barriers.
What is the Variational Airdrop?
The Variational Airdrop is a free token distribution event for the VAR token, intended for users who actively engage in the Testnet and Mainnet phases of the P2P trading platform on Arbitrum.
In the Variational Airdrop program, users will be required to perform test transactions, generate trading volume, and provide feedback on their experience. Participants can earn free VAR tokens by meeting the project’s criteria (though the official criteria have not been fully disclosed yet).
This airdrop is seen as an opportunity for users to not only explore the new platform but also potentially receive VAR tokens that may gain value in the future as the project officially launches and the VAR token becomes widely traded.
Steps to participate in the Variational Airdrop
Access the Variational Testnet page
- First, you need to access the official Variational Testnet page.
- Ensure you are using the official platform to avoid fraudulent websites.
Connect your wallet
- Use Rabby Wallet (recommended) to connect to Variational.
- If you’re using another wallet, you can add the Arbitrum Sepolia Testnet network on Chainlist.
- Once connected, you will automatically switch to the Arbitrum Sepolia Testnet network.
Claim USDC from the Faucet
- After connecting your wallet, the platform will provide you with a certain amount of USDC via the faucet.
- This virtual currency can be used for transactions on the Testnet platform without worrying about costs.
Deposit USDC into the exchange
- After receiving USDC, you need to deposit it into your Variational account.
- On the exchange interface, click on the “Deposit” section in the top-right corner, enter the amount of USDC you wish to deposit, and click “Confirm.”
Execute transactions
- Proceed with transactions on the exchange using pairs like BTC-USDC, ETH-USDC, SOL-USDC, etc.
- You can choose between Market or Limit Orders depending on your trading strategy.
- The main goal is to generate as much volume and as many transactions as possible to optimize your chances of receiving the Airdrop.
Create volume and transactions
- The more transactions and matching orders you create, the higher your chances of receiving the Airdrop.
- Since the project is still in the Testnet phase, you can make numerous transactions without worrying about transaction fees.
Provide feedback
- After trading and exploring the platform, if you encounter any issues or have ideas for improvements, you can send feedback via Variational’s Discord.
- All your contributions are recorded and can impact your chances of receiving the Airdrop.
Stay updated
- To avoid missing important information about the Airdrop and other updates, follow Variational’s Twitter page.
- New information about Airdrop eligibility criteria and upcoming activities will be announced through the project’s official channels.
Growth potential of the VAR Token
The VAR token will play a crucial role in the Variational ecosystem. After the project completes and the Mainnet launches in early 2025, the growth of the VAR token could provide significant returns for those who participated during the Testnet phase.
Why does the VAR token have strong growth potential?
- Investment from major funds: Variational has received support from major investment funds like DragonFly Capital and Coinbase Ventures, along with a $10.3 million investment in its Seed round. This shows strong confidence from large investors in the project’s development.
- DeFi growth: As derivative financial products on DeFi platforms continue to rise in popularity, platforms like Variational are set to thrive. With a large market potential and unique features, the VAR token could become a valuable asset in the future.
- Liquidity and utility of the VAR Token: Once the Mainnet launches, the VAR token will be used to pay for transaction fees, participate in governance, and serve other purposes within the Variational ecosystem. This ensures that the VAR token will have high demand and utility in the future.
How to optimize your chances of earning rewards from the Variational Airdrop
To optimize your chances of earning rewards, users should:
- Participate actively in trading: The more you trade and generate volume, the better your chances of receiving the airdrop.
- Provide feedback: Sharing your feedback on the trading experience is a way to help the project identify issues and improve, while also increasing your chances of getting the airdrop in the future.
- Share the project with the community: Invite friends or share about Variational on social media platforms to enhance your chances of earning rewards from the airdrop program.
In conclusion, the Variational Airdrop is a great opportunity for those looking to explore the advanced P2P trading platform on Arbitrum. By participating in the Variational Airdrop and executing trades, users can potentially earn VAR tokens in the future. The project is not only exciting for its diverse trading products but also for the promising growth potential of the VAR token. According to Blockchain Global Network, if you’re an investor or a DeFi enthusiast, don’t miss out on the chance to participate in the Variational Airdrop today.
RELATED POSTS
Blockchain Research Unveiled: Navigating the Future of Tech Innovation
Uncover the Evolution of Blockchain...
What is Karak? Guide to joining Restaking
In the dynamic cryptocurrency market...
Interoperable Blockchains: Unpacking Hidden Security Risks
Understanding the security risks in...
Lost Private Key in Blockchain: Unlocking Digital Dilemmas
Lost your private key in...
Seer Airdrop: A chance to receive free SEER Tokens
Seer Airdrop is attracting the...
Unveiling the Future: How DAOs Revolutionize Learning and Teaching
Discover how DAOs are transforming...
Can my Phantom Wallet be hacked?
Wondering, “Can my Phantom Wallet...
Predictions For The Future Of Blockchain Technology: Trailblazing Tech Transformations Ahead
Blockchain technology is shaping the...
Explore Top DePin AI Projects
Exploring the leading DePin AI...
limitations of traditional systems in transparency: Unveiling the Gap
Limited transparency in old systems...
Kroma Airdrop Season 2 – Opportunity to Earn KRO and Explore Web3
Kroma Airdrop Season 2 is...
How Blockchain Security Audits Safeguard Your Digital Assets
How Blockchain Security Audits Work:...
Is Hashgraph Consensus the Future of Decentralized Technology?
Understanding Hashgraph: The Basics and...
Towns Airdrop – Expert Experience in Mining
To optimize benefits from the...
What is Bitcoin Lightning Network? Revolutionizing Crypto Transactions
What is Bitcoin Lightning Network?...
Blockchain Revolution: Slashing Educational Expenses with Tech-Savvy Innovation
Unlocking the Potential of Blockchain...