What is Kittenswap?
Kittenswap is a decentralized exchange (DEX) built on the Hyperliquid Layer 1 blockchain as a fork of Velodrome. The platform allows users to perform token swaps, provide liquidity to both volatile and stable pools, and participate in governance through pool voting mechanisms that determine reward incentives. By integrating Velodrome’s proven model into the Hyperliquid ecosystem, Kittenswap offers enhanced trading capabilities and yield opportunities.
The platform supports both standard volatile pools and specialized stable pools, catering to diverse trading and investment strategies. As a key player in the Hyperliquid ecosystem, Kittenswap contributes to expanding liquidity and governance options within this high-performance blockchain environment.
Kittenswap Airdrop Details
Kittenswap has officially confirmed its airdrop program, initially allocating 20% of the total KITTEN token supply for distribution in the form of vote-escrowed KITTEN (veKITTEN). This governance-enabled token format ensures long-term alignment between token holders and the protocol's development. Recently, the allocation was increased to 30% of the total supply.
Eligibility Categories
1. Testnet Participants: Users who contributed to validating the platform during its testnet phase.
2. Early Mainnet Users: Participants active during the first epoch of mainnet operations.
3. Hypurr NFT Holders: Owners of Hypurr NFTs, integrating NFT ownership into the reward structure.
Additionally, Kittenswap has launched its MechaCats NFT collection on Drip.Trade, offering unique benefits for participants.
MechaCats NFT Launch Details
- Platform: Drip.Trade
- Date: Tuesday
- Time: 6 PM UTC
- Total Supply: 1,000 MechaCats NFTs
Minting Rounds
1. Round 1: Points Holders Priority
- Allocation: 500 NFTs
- Price: 4 HYPE per NFT
- Eligibility: All Kittenswap point holders
- Minting Cap: 4 NFTs per wallet
2. Round 2: Public Mint
- Allocation: 500 NFTs
- Price: 6 HYPE per NFT
- Eligibility: Open to everyone
Benefits
- 1.25x multiplier boost on Kittenswap points
- Contribution to the Token Generation Event (TGE)
- veKITTEN token allocation
Step-by-Step Guide: How to Participate in the Kittenswap Airdrop
1. Acquire HYPE Tokens
- Purchase HYPE tokens from Hyperliquid’s HYPE-USDC spot market.
- Recommended amount: >5 HYPE.
2. Bridge to HypeEVM Network
- Navigate to Hyperliquid’s app “Send” section.
- Enter destination address `0x2222222222222222222222222222222222222222`.
- Select your desired HYPE amount for bridging.
3. Configure HypeEVM Network Settings
- Add a custom network in your wallet:
- Network Name: Hyperliquid
- RPC URL: https://rpc.hyperliquid.xyz/evm
- Chain ID: 999
- Currency Symbol: $HYPE
4. Interact with Kittenswap
- Connect your wallet to Kittenswap.
- Perform token swaps (e.g., HYPE to WHYPE, stHYPE, or PAWS).
- Add liquidity to pools like WHYPE/PAWS (additional pools coming soon).
5. Maximize Participation
- Visit the “Points” section on Kittenswap.
- Generate your unique referral link and share it with others.
- Earn 30% of all points your referrals generate.
- Use a referral code for an additional 10% bonus.
6. Snapshot Announcement
- A snapshot of Kitten points will be taken on Tuesday (March 4th). Ensure all activities are completed before this deadline.
Tips for Maximizing Airdrop Rewards
- Maintain consistent activity across all platform features.
- Diversify participation by providing liquidity in multiple pools.
- Refer friends using your unique link for bonus points.
- Monitor Kittenswap’s X account for updates on voting and reward gauges.
- Use Hypurr NFTs or participate in MechaCats NFT minting for additional benefits.
Kittenswap combines innovative DeFi features with governance-focused incentives, making it a cornerstone of the Hyperliquid ecosystem while rewarding early adopters through its robust airdrop program!