tea Protocol Airdrop

tea Protocol Airdrop 2024 – In Detail About tea Protocol

tea Protocol Airdrop: In this ongoing airdrop season, recently, Tea Protocol announced that it is going to launch its open token on June 12, 2024, additionally, they also confirmed that in the coming days, they will come up with an airdrop. However, tea is a web3 protocol as well as an open-source software where individuals, as well as developers, make software more reliable and sustainable. 

Additionally, this airdrop is going to be huge as it recently raised over $16.90 million from web3’s leading investors like Binance and Woodstock. In this article, we’ll get to know more about in detail of tea protocol airdrop, how to claim it, tea protocol airdrop eligibility, and many more things. So, please read till the end.


tea Protocol Airdrop Eligibility 

The eligibility for tea protocol airdrop is quite simple as you need to just follow these simple criteria to become eligible for Tea protocol airdrop.

  • The open-source developers who make the software more reliable and sustainable are eligible for tea airdrop. Additionally based on their contribution they will receive points based on that they will receive tea tokens through an airdrop.
  • The user who participates in the incentivized testnet campaign is also eligible for the tea token airdrop. However, based on the interaction participants could earn a point as per testnet tasks. Based on the points, the participants in the coming days receive a token airdrop.
  • The users who visit (https://app.tea.xyz/sign-up) and sign up with either Google, Microsoft, or GitHub are also eligible for tea token airdrop.

However, the above points are the steps to becoming eligible for free tea token aidrop.


How to Claim tea Protocol Airdrop

If you want to claim tea Protocol Airdrop, follow these simple steps:

  • Visit the Airdrop site. URL: https://app.tea.xyz/sign-up
  • Once you open the URL, Sign up with your Google, Microsoft, or GitHub account.
  • Following completion of your sign-up, you will receive 100 points.
  • Once you sign in, you will receive 10,000 testnet tokens automatically.
  • Additionally, once you set up your profile and once you set up your GitHub account with your account you will receive an additional 250 points.
  • However, you will also receive more points once you complete the task.
  • Additionally, you will earn more once you complete the testnet challenge.
  • And recently, the tea protocol community member also confirmed that individuals who are eligible for the tea protocol airdrop will be able to trade their testnet points for real blockchain tokens or other rewards.

These are the above steps, to claim the Tea protocol airdrops.


What is Tea ($TEA)?

Tea is a web3 protocol and open-source software that allows individuals and developers to make software more sustainable and reliable. However, the Tea protocol runs and its base is built on Coinbase. The open-source developer who helps Tea in its continuous development is also rewarded for their contribution. During the development, open-source developers’ contributions are like fixing bugs, and adding new features, besides all these their work is to make the Tea protocol more secure.

Tea uses a proof-of-contribution algorithm to measure how much other projects benefit by using its open-source software. Based on that, it gives the project a score which is called teaRank, which highlights how useful and important this open-source is in this rapidly evolving cryptocurrency landscape.

https://youtu.be/71MPf2VGQ3E


What is the Tea ($TEA) token?

In this rapidly evolving cryptocurrency landscape, the Tea token is a digital currency on Tea protocol that is used to support open-source software. However, the developer who contributed or participated in the governance also gets rewarded with tea tokens. 

Besides this developers reward, an individual with a tea token in their wallet, and if they stake it to show support for the protocol also get rewarded with a Tea token. According to the tea’s official website, there’s a fixed supply of 10 billion tea tokens which will never exceed. 

Tea also has a mechanism that is designed in such a way it removes tea tokens from circulation via a slashing and burn mechanism. However, these mechanisms future enhance the tea token’s utility and also encourage collaboration between the community.


Tea Token Tokenomics

As it is not currently launched, however, there will be only 10 billion Tea tokens available.

Maximum token supply: 10 Billion token

  • Ecosystem & Governance: 51.4% of Maximum Token Supply
  • Protocol Development: 18.6% of Maximum Token Supply
  • Early Supporters & Advisors: 12.7% of Maximum Token Supply
  • Private Sale: 11.0% of Maximum Token Supply
  • Liquidity Provision: 3.2% of Maximum Token Supply
  • Public Sale: 3.0% of Maximum Token Supply

Tea token launch date: June 12, 2024.

Token Supply: Deflationary

Tea Token Tokenomics
Source: tea Protocol

Conclusion

Tea protocol airdrop by the Tea community is confirmed but the launch date is still not yet decided. However, tea is a web3 protocol as well as an open-source software where open-source developers make the software more reliable and sustainable, and by doing all of these things they receive tokens. Besides all these, there are many more options available by doing so you will receive a tea protocol airdrop.


Frequently Asked Questions (FAQs)

When tea protocol token will launch?

The tea protocol token is scheduled to launch on June 12, 2024.

Is the tea protocol airdrop confirmed?

Yes, Tea Protocol confirms its airdrop, that it is soon going live with its most awaited tea protocol airdrop.

Who backs the tea protocol?

Tea Protocol raised over $16.90 million from web3’s leading investors like Binance and Woodstock.

Posted In : ,

Leave a Reply

Your email address will not be published. Required fields are marked *