Parallel Network Airdrop

Parallel Network stands as a groundbreaking layer 2 scaling solution leveraging Ethereum’s infrastructure, powered by Arbitrum’s Nitro stack. With a Parallel Chain that is EVM-compatible, users can seamlessly perform various actions akin to Ethereum mainnet – from deploying contracts to utilizing Web3 apps and interacting with wallets.

The project has garnered significant support, having raised $34M in funding from prominent investors such as Polychain Capital and Coinbase Ventures. Excitingly, Parallel Network has announced plans to launch its native token, “PARA,” and conduct an airdrop exclusively for testnet participants.

To incentivize engagement, Parallel Network has introduced a point system on the testnet, enabling users to accumulate points based on their activities. These points will be converted into PARA tokens once the token goes live, offering participants a tangible reward for their contributions.

Step by step guide for Parallel Network testnet Airdrop

1. Visit the Parallel Network testnet page.
2. Select the Parallel Testnet and connect your wallet.
3. Click on “Apps” from the top right corner.
4. Navigate to “Airdrop” and enter the code “BA59A” to access the airdrop section.
5. Complete the Twitter tasks to sign up for the airdrop.
6. Obtain Sepolia ETH from the provided source.
7. Bridge ETH from Sepolia to Parallel Testnet using the provided link.
8. Return to the Parallel Testnet page and click on “Create Parallel account.”
9. Go back to the “Apps” section and click on “Wallet” to claim testnet tokens.
10. Navigate to “Apps” again and access the “Lending” section.
11. Supply testnet NFTs and tokens, and afterward, you’ll be able to borrow assets.
12. Earn airdrop points for interacting with the testnet.
13. Connect to different available test networks like Goerli to earn additional points.
14. Invite your friends to join the Parallel testnet to earn more points.
15. Parallel has confirmed an airdrop of PARA tokens to testnet participants based on their points.
16. For more information regarding the testnet airdrop, refer to the provided tweet.