Knowledge

Pontem Network Airdrop: The Biggest Airdrop Of Aptos Ecosystem

Pontem Network airdrop is diligently crafting apps and tools for the Aptos and Move ecosystem in collaboration with the Aptos Foundation.

With a focus on facilitating user onboarding to the most scalable L1 blockchain, Pontem plays a crucial role in the evolving landscape.

Table Of Contents

What is Pontem Network?
What is Pontem Network Product Studio?
How to Hunt Airdrop on Pontem?
Activity in SuperLumio (EVM)
Conclusion

What is Pontem Network?

Pontem Network was created in 2020, more than a year before the launch of Aptos. Back then, Meta was still working on the Diem blockchain project, and the Move language was part of it. Pontem Network’s original objective was to provide a link between the highly regulated Diem ecosystem and the rest of the blockchain world. The idea was to use Polkadot’s infrastructure for the purpose.

Pontem Network raised $10M from tier 1 funds such as Animocabrands and has a TVL of $42M. Pontem recently launched mainnet SuperLumio – the part of OP Superchain. Reminder that Pontem is a top project in Aptos and the first cross-chain solution between APT & EVM.

What is Pontem Network Product Studio?

Pontem stands as a product development studio dedicated to advancing global financial inclusion through blockchain technology. Our strategic partnership with Aptos involves the creation of essential decentralized applications (dApps) and infrastructure.

This includes the development of tools, EVMs, AMMs, and more, facilitating the widespread adoption of their L1 blockchain. The Move IntelliJ IDE and Move Playground signify just the initial steps in our collaborative journey, setting the stage for further innovations and contributions to the burgeoning blockchain ecosystem.

Pontem Network is originally a development studio for DApps on Aptos. It has created: Pontem Wallet, Liquidswap DEX, NFT, Pontem also supports the NFT,…

What is Lumio?

Lumio, a groundbreaking optimistic rollup developed by Pontem Network, poised to redefine the realm of Layer 2 solutions. What sets Lumio apart from its counterparts, such as Optimism and Arbitrum, is its unique support for both the Ethereum Virtual Machine (EVM) and Move VM. Notably, the latter powers Aptos, and Lumio aims to leverage Aptos for processing transactions settling on the Ethereum network.

The name ‘Lumio’ draws inspiration from the Latin word “lumen,” symbolizing light, a nod to the swiftness reminiscent of the speed of light that Lumio brings to Ethereum dApps on its Layer 2.

Powered by the OP Stack, an open-source toolkit from the Optimism Collective, Lumio ensures scalability and speed, inheriting the same robust technology that drives the Optimism mainnet. Leveraging a Rust implementation of the OP Stack, with the Magi client developed by a16z and Reth (Rust Ethereum), Lumio benefits from a solid foundation provided by Paradigm’s execution layer.

What is SuperLumio?

SuperLumio, an EVM iteration within the expansive Lumio L2 Pontem Network initiative, distinguishes itself by embracing both execution and settlement layer agnosticism. Presently, the xLumio, a production-grade experimentation platform on the testnet, settles on Ethereum while supporting both the Ethereum Virtual Machine (EVM) and Move VM, integral to Aptos.

As research progresses on merging alternative VMs on the testnet, xLumio, with its Move VM capabilities, is slated to amalgamate into SuperLumio. This innovative dual-production environment mirrors the successful approach of Polkadot and Kusama for testing and upgrading L1 and L2 solutions in live production settings.

Powered by the OP Stack, a cutting-edge framework facilitating interoperable and scalable Layer-2 networks, SuperLumio gains prominence with its integration of Proto-Danksharding (EIP-4844), an Ethereum scaling solution poised to substantially reduce rollup fees.

In the future, there will be a possible integration into other networks like Solana, Avalanche, Cosmos,..

How to Hunt Airdrop on Pontem?

Before betting on Pontem Network, investors need to prepare 10.1 APT and assets on Aptos.

Waitlist L2 Lumio

Step 1: Visit https://lumio.io/#join-whitelist.
Step 2: Fill in your email, check the boxes “I have read and agree to the terms and conditions” and “I agree to receive emails from Lumio” -> “Join”.

Step 3: The screen displayed as shown below is successful.

Staking 10.1 APT

Step 1: Visit https://liquidswap.com/#/aptos-staking -> check the box “I accept the terms and conditions” -> “Continue”.

Step 2: Select “Connect Wallet” to connect the wallet.

Step 3: Select any “Validators” section -> stake at least 10.1 APT (recommended to choose validators with a long unlock time).

Swap on Liquidswap

Step 1: Visit https://liquidswap.com/#/.
Step 2: Select “Connect Wallet” to connect the wallet.

Step 3: Option to swap tokens to create volume.

Farm and stake LP tokens

Step 1: Visit https://stake.amnis.finance/mint -> select “Connect Wallet” to connect the wallet.

Step 2: Enter the amount of APT you want to mint to amAPT -> “Mint”.
Step 3: Visit https://farms.liquidswap.com/#/stakes -> add amAPT/APT on Liquidswap.

Step 4: Conduct StakeLP to enjoy APR from pool farm (about 30% per year).

Buy NFTs

Step 1: Visit https://www.topaz.so/collection/Pontem-Space-Pirates-c46dd298b8 -> select “Connect Wallet” to connect the wallet.

Step 2: Any NFT option -> select “Buy Now” to buy now or “Make Offer” to suggest a price.

Step 3: Visit https://www.topaz.so/collection/Pontem-Dark-Ages-7fef9d50cd.

Step 4: Any NFT option -> select “Buy Now” to buy now or “Make Offer” to suggest a price.

Activity in SuperLumio (EVM)

The bridge between Ethereum and SuperLumio has been successfully established, heralding a new era of interoperability in the crypto sphere. With this bridge, users can seamlessly transfer assets between the two networks, unlocking vast potential for decentralized finance (DeFi) and cross-chain functionality.

Excitement mounts as plans are unveiled to grant access to NarSwap DEX for SuperLumio, facilitating token swaps and further expanding the utility of both platforms. This move signifies a significant step forward in bridging disparate blockchain ecosystems, promising enhanced liquidity and accessibility for cryptocurrency enthusiasts worldwide. Stay tuned for more updates on this transformative integration.

You can already add SuperLumio to MetaMask with the following parameters:

Name: SuperLumio
RPC: https://mainnet.lumio.io
Chain ID: 8866
Coin: ETH
Block explorer: https://explorer.lumio.io

Conclusion

The Pontem Network Airdrop emerges as a pivotal moment within the Aptos ecosystem, marking a significant milestone in its evolution. With this airdrop, Pontem Network pioneers a generous distribution of tokens, fostering widespread community engagement and participation. As the largest airdrop in the Aptos ecosystem to date, it symbolizes a commitment to democratizing access to decentralized technologies and empowering users worldwide.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.