Hop Protocol Airdrop Review: Hop Protocol Will be Airdropping 8% 

by Cws Team
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About Hop Protocol Airdrop

Hop Protocol Airdrop is a scalable rollup-to-rollup general token bridge. It allows users to send tokens from one rollup or sidechain to another almost immediately without having to wait for the networks challenge period. It currently supports bridging assets across Ethereum, Arbitrum, Optimism, Polygon, and xDai.

As already guessed in retroactive airdrop overview, Hop Protocol will be airdropping 8% of the total supply to early users of the platform. Users who’ve used bridge at least two times with at least $1,000 volume, liquidity providers, bonders, top 500 Hop Discord participants and 79 Twitter users who were early evangelists for Hop, external Hop contributors and past Authereum users with deployed accounts by the snapshot date are eligible to claim the airdrop. The snapshot was taken on April 1st at 12:00 am UTC.

BasicDetails
Token NameHop Protocol Airdrop
PlatformETH
Total Value8% of the total supply
Airdrop EndN/A
KYCKYC Is Not requirement
WhitepaperClick Here To View
Max. ParticipantsUnlimited
Collect AirdropClick Here To Collect Free Airdrop

How To Join Age Of Hop Protocol Airdrop

First Step

Visit the Hop Protocol airdrop eligibility checking page.

Second step

Connect your wallet.

Third Step

If you’re eligible, then the claimable amount will be displayed.

Fourth Step

Users who’ve used the bridge at least two times with a minimum of $1,000 volume, liquidity providers, bonders, top 500 Hop Discord participants and 79 Twitter users who were early evangelists for Hop, external Hop contributors and past Authereum users with deployed accounts by April 1st at 12:00 am UTC are eligible to claim the airdrop.

Fifth Step

The claim will go live at a later date, so make sure to follow their social channels.

Six Step

Eligible users will have 6 months from the launch of the token to claim the tokens else it will be reclaimed by the DAO.

Seven Step

For more information regarding the airdrop, see this article.

Getting started

Before getting started, read through the requirements listed below:

The first step is to set up a configuration file to specify which network to use and which tokens to bond.Create a new directory under your home directory for the Hop Node configuration.

Open up this file now with your favorite editor and add the following example config.

For more configuration examples and information, see the Hop Node Configuration page. The next step is to run the Hop Node using configuration.

Resources

The recommended requirements for Hop Node are:

  • 100GB of storage or greater
  • 8GB of memory or greater
  • Intel i5 processor or newer

The minimum requirements for Hop Node are:

  • 10GB of storage or greater
  • 1GB of memory or greater
  • Intel i3 processor or newer

Operating system

Hop runs on any operating system as long as Node.js or Docker is supported. Ubuntu is a popular choice. Using Docker is recommended.

Logging

The Hop Node does put out a lot of logs so it’s recommended to use a log managment service like CloudWatch, Loggly, Splunk, or simply rotate the logs so your node doesn’t run out of storage.

RPC Provider

It is not a requirement to run your own RPC server on chain supported chain but you can use an existing RPC provider like Infura when running the Hop node.

RPC Endpoints

These are public RPC URLs available on each network. It’s important to note that public RPC URLs generally have rate limits, so they may not be reliable 100% of the time. For the Hop Node, it is highly recommend to use custom RPC endpoints from an RPC provider service such as Infura or Alchemy.Check out https://chainlist.org/ as an easy way to connect wallet and add network to your wallet. Note: the Infura project ID in the examples below is the default that ethersjs uses.

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