What is Ponder?​

Ponder is the ultimate web3 comparison tool that allows its end users to compare and choose the best option whether it’s bridging, borrowing/lending or dealing with NFT Marketplaces. Ponder will plug into partners’ solutions at both SmartContract and API levels to provide a seamless and fluid user experience where users can carry out their actions all within a single intuitive interface.

Ponder x Covalent Airdrop Details​

The Ponder x Covalent airdrop is a points-based campaign designed to reward users for engaging with the platform and specifically incentivizing transactions involving the $CXT token. The airdrop features a total reward pool of $500, split equally between $CXT and $PNDR tokens ($250 worth of each).

Participation involves completing mandatory social tasks and performing transactions on the platform to earn points. The more points accumulated, the higher your ranking on the leaderboard and the better your chances of winning a share of the rewards. The campaign particularly rewards consistent daily activity and transactions involving the $CXT token.

Step-by-Step Guide:

How to Participate in the Ponder x Covalent Airdrop​

1. Complete all mandatory social tasks
   • Retweet the official Ponder x Covalent airdrop announcement post
   • Follow Covalent’s official account on X
   • Follow Ponder’s official account on X
2. Connect your wallet to the Ponder platform
   • Visit the Ponder platform
   • Click on “Connect Wallet” and select your preferred wallet provider
   • Confirm the connection in your wallet
3. Perform qualifying transactions on the platform
   • Swap or bridge tokens with a minimum value of $1.00
   • For maximum points, focus on transactions involving the $CXT token
   • Complete at least one transaction daily to build your consecutive day bonus
4. Monitor your point accumulation
   • Check the leaderboard regularly to track your ranking
   • Adjust your strategy based on your position relative to other participants
5. Verify your eligibility before the end date
   • Ensure all social tasks are completed
   • Confirm your transactions have been properly recorded
   • Make sure your wallet is properly connected to receive rewards

Point System Breakdown​

Understanding the point system is crucial for maximizing your earnings in this airdrop campaign:

Transaction-Based Points​

• Standard transactions: Swap or bridge any token worth at least $1.00 to earn 1 point per transaction
• $CXT transactions: Swap or bridge $CXT token worth at least $1.00 to earn 5 points per transaction

Volume-Based Points​

• Standard volume: Earn 10 points for every $1,000 in volume swapped or bridged into any token
• $CXT volume: Earn 50 points for every $1,000 in volume swapped or bridged specifically into $CXT token

Daily Consistency Bonus​

The airdrop rewards consistent daily activity with exponentially increasing points:

• Day 1: 5 points
• Day 2: 10 points
• Day 3: 20 points
• Day 4: 40 points
• Day 5: 60 points
• Day 6: 100 points
• Day 7: 150 points

To qualify for these daily bonuses, you must complete at least one transaction worth $1.00 or more each consecutive day.

Reward Distribution​

The Ponder x Covalent airdrop will distribute rewards to 33 winners based on their leaderboard ranking:

• Grand Prize Winner: $100 (awarded to the participant with the highest total points)
• Top 2-10 Participants: $20 each (total: $180)
• Top 11-33 Participants: $10 each (total: $220)

Winners will be finalized within one week after the airdrop end date, following a verification process to eliminate any suspicious accounts. Rewards will be distributed within the following week after the winners are established.

Frequently Asked Questions​

When does the Ponder x Covalent airdrop start and end?​

The Ponder airdrop begins on March 24th and will end on April 8th.

How are the rewards calculated?​

Rewards are distributed based on your ranking on the leaderboard, which is determined by the total number of points you accumulate during the campaign period.

What happens if there’s a tie in points?​

While not explicitly stated, ties are typically resolved based on which participant reached the point total first, or through other predetermined tiebreaker mechanisms.

Do I need to hold any specific tokens to participate?​

No, you don’t need to hold any specific tokens to begin participating. However, transactions involving $CXT tokens will earn you significantly more points.

How can I check my current ranking?​

You can monitor your ranking on the official leaderboard on the Ponder platform during the campaign period.

Conclusion​

The Ponder x Covalent airdrop presents an opportunity to earn $CXT and $PNDR tokens by engaging with the Ponder platform and completing social tasks. With a reward pool of $500 and 33 winners, maintaining consistent activity and focusing on $CXT transactions will significantly increase your chances of success.

Remember to complete all mandatory social tasks, as these are prerequisites for eligibility regardless of your point total. By understanding the point system and implementing strategic participation, you can maximize your potential rewards from this airdrop campaign.

• Airdrop Link: Go to airdrop

• Total value: n/a

• Platform: Multi Chain

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