What is Plaza Finance?​

Plaza Finance is an innovative platform for programmable derivatives built on the Base network. The protocol leverages Solidity smart contracts to offer sophisticated financial products centered around Ethereum liquid staking derivatives (LSDs) and liquid restaking derivatives (LRTs). Plaza Finance introduces two flagship products: bondETH and levETH, which are programmable derivatives based on a pool of assets like wstETH.

The platform represents a significant advancement in DeFi derivatives, providing users with more flexible and programmable ways to interact with their staked ETH positions. By building on Base, Plaza Finance aims to leverage the network’s scalability and cost-effectiveness while maintaining strong security through its connection to Ethereum.

Plaza Finance Airdrop Details​

While Plaza Finance has not officially confirmed a token airdrop, the platform has launched a comprehensive Preseason Points Program that could potentially lead to future rewards. This points-based system is designed to incentivize meaningful engagement with the protocol’s testnet and community features.

The program incorporates various earning mechanisms, including on-chain interactions, social media engagement, and community participation. Points holders may be positioned for potential future benefits, though it’s important to note that any token distribution remains speculative at this stage.

Update: Mainnet is scheduled to go live in Q1, which means any day now. TGE and airdrop could also happen this month.

Step-by-Step Guide:

How to Participate in Plaza Finance’s Points Program​

1. Connect to Base Testnet
   • Visit Plaza Finance’s testnet application
   • Connect your Web3 wallet (Rabby recommended)
   • Ensure your wallet is configured for Base Sepolia testnet
2. Acquire Test Tokens
   • Click the “Get Test Tokens” button
   • Receive test ETH on Base Sepolia
   • Claim Plaza wstETH and Plaza USDC test tokens
3. Interact with Core Products
   • Experiment with buying and selling bondETH and levETH
   • Complete daily interactions (limit: 4 points per day per action)
4. Set Up Social Connections
   • Join Plaza’s Discord server
   • Go to Plaza’s Guild page and sign in
   • Link your X (formerly Twitter) account
   • Join and connect Discord
   • Verify your email address
   • Connect your Farcaster profile

Latest Update: Plaza Launches Incentivized Pre-Deposits on Base Mainnet​

Plaza is transitioning from Pre-Season to Season 1 with the launch of incentivized pre-deposits on Base mainnet on March 24th at 2PM ET.

• Launch Date: March 24th, 2025 at 2 pm ET
• Points System: 10 Plaza Points per $ per day
• Referral Bonus: 10% of Plaza Points earned by referred depositors

Maximizing Your Points​

Daily Activities​

• Engage with bondETH and levETH products
• Create or redeem derivative tokens
• Monitor your points accumulation on the dashboard
• Maintain consistent daily participation

Social Engagement​

• Participate in Discord community events
• Engage in contests and games
• Share your unique referral link
• Build meaningful connections within the community

NFT Rewards​

• Earn 50 points to claim the Basic NFT
• Progress through higher tiers for additional NFTs
• Unlock special Discord roles based on point thresholds

Frequently Asked Questions​

What is the value of Plaza Finance points?
Points currently serve as a measure of engagement and may influence future reward distributions, though their exact value is not determined.

How often can I earn points?
Users can earn up to 4 points per day for: creating bondETH, creating levETH, redeeming bondETH and redeeming levETH tokens, with additional points available through social activities and referrals.

Are the points transferable?
No, points are non-transferable and tied to individual wallet addresses and social accounts.

How can I track my progress?
Visit the Points & Rewards page on Plaza Finance’s platform to monitor your point accumulation and NFT eligibility.

Conclusion​

Plaza Finance’s points program offers an engaging way to familiarize yourself with their innovative derivatives platform while potentially positioning yourself for future opportunities. While an airdrop remains speculative, the program provides valuable hands-on experience with DeFi derivatives and community building. Stay informed about updates and program changes by following Plaza Finance’s official social media channels.

Remember that participation in testnet activities involves no real assets, making it a risk-free way to learn about programmable derivatives and contribute to the platform’s development.

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

• Airdrop Link: INTERACT WITH TESTNET

• Total value: n/a

• Airdrop unconfirmed

• Platform: base

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