Spin Protocol
What is Spin Protocol?
Spin Protocol is a defi app on the Near Blockchain. It is a decentralized perpetual protocol in the Near ecosystem as it includes both spot and futures trading. In order to be available to trade on the exchange you need to have a Near wallet, for example, MyNearWallet. People have an option to try both Testnet and Mainnet. They can request faucet from the website.
Get Dancho’s stories in your inbox
Join Medium for free to get updates from this writer.
What you can in order to be eligible for the airdrop?
Since the protocol is in early stages, people are allowed to test all its features on the website and to give feedback to the team on Discord. As an early user there is a big possibility that you will be rewarded if the Near ecosystem decided to reward early adopters. Engage on Discord, test the platform both on testnet and mainnet if possible and give feedback to the staff members. Also, engage and participate in events such as Twitter Spaces, rumbles, games, or in this case guild wars. Another way in order to be eligible for Spin Airdrop is to by Eternal Elf NFT from Near secondary marketplace called Paras. It is already confirmed that holders of the NFT get 10% of the airdrop.
In conclusion, I’m confident to say that Spin will play a significant part of the Near Ecosystem because the protocol got funding of more than three million dollars and also I’m bullish on the team behind it and their work.
