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xBank Airdrop

Airdrop details

  • Platform
    zkSync
  • Social links:
xBank Airdrop
Cover image via U.Today

Airdrop Description

xBank is a decentralized non-custodial liquidity market protocol. xBank manages deposits for lenders and facilitates lending of the deposited asset for borrowers while conducting appropriate risk management to protect the lenders from risks of illiquidity and insolvency.

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xBank will be airdropping free XB tokens to users who deposit or borrow funds. Connect your zkSyncc wallet and deposit or borrow funds from the platform to receive free esXB tokens. A snapshot will be taken on September 30th, 2023 and eligible users will get free XB based on the esXB held by users.

How to Participate

  1. Visit the xBank dashboard.
  2. Connect your zkSync wallet.
  3. You will need ETH or USDC on zkSync ERA. You can get ETH and USDC from Binance.
  4. Now use the zkSync bridge to transfer it to zkSync ERA.
  5. Now go to the “Markets” section and deposit or borrow tokens.
  6. You will start earning esXB tokens.
  7. These tokens will be converted to their governance token “XB” in the future and will be distributed on a pro-rata basis based on the esXB held by users.
  8. A snapshot will be taken on September 30th, 2023 to determine the allocation.
  9. Also complete the Zealy quests to increase your share of the airdrop.
  10. You could also become eligible for the zkSync speculative airdrop.
  11. They’ve also confirmed to distribute an allocation of zkSync potential token received by them if zkSync does launch an own token and does an airdrop.
  12. For more information regarding the airdrop, see this tweet.

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