Key Takeaways
- Haven1 is building a new Layer 1 blockchain specifically designed to seamlessly integrate traditional finance (TradFi) concepts with the decentralized world of Web3.
- Their goal is to make DeFi (Decentralized Finance) more user-friendly and secure, clearing the way for mass adoption.
- Haven1 is currently conducting an airdrop for active users on its testnet.
What Is Haven1?
Haven1 is a new blockchain explicitly designed for secure on-chain finance. In other words, it aims to be a platform for financial transactions within decentralized finance (DeFi) that prioritizes security.
In its litepaper, Haven1 plans to build a secure ecosystem of DeFi protocols on its blockchain. These protocols will undergo a rigorous review process to ensure they meet the highest security standards and protect users.
The project has a long-term vision of working alongside Ethereum. This includes eventually transitioning from a separate chain (possibly a sidechain) to a roll-up solution that leverages Ethereum’s security for final settlements.
How To Qualify For An Airdrop?
With the mainnet launch approaching, the developers are excited to expedite the launch of their native token, $H1. To encourage participation in their incentivized testnet campaign, they’re launching a points system for completing quests on Zealy and Galxe.
To join:
👉 STEP 1: Head over to https://www.haven1.org/join-testnet.
👉 STEP 2: Click “Register” and connect to your Web3 wallet.
👉 STEP 3: Get testnet tokens at https://www.haven1.org/faucet.
👉 STEP 4: Regularly conduct swaps at https://testnet-swap.haven1.org/ with the testnet tokens that you have obtained.
👉 STEP 5: Head over to https://zealy.io/cw/haven1/questboard and complete Zealy tasks.
👉 STEP 6: Head over to https://app.galxe.com/quest/7tCjd9fRaWu2vKVoWpaLAo/GCFsmt43RL and accumulate at least 100 points on Galxe.
👉 STEP 7: Hope for the best!
Final Thoughts
Haven1’s mainnet launch is targeted for Q2 2024, but a specific date has not been announced yet. After launch, the blockchain will unlock the potential for credit scores that are not controlled by any single entity, opening doors for people who have not been well-served by traditional finance. It will also create a whole new system of borrowing and lending built directly on the blockchain.
That’s about it for this airdrop guide! If you have any questions, please do not hesitate to contact us on our official social media channels. Good luck!