Recently, the highly anticipated real-time blockchain MegaETH launched its public testnet. Regarding the hot question of whether you can get airdrops by participating in the MegaETH testnet interaction, the official gave a clear response: Public testnet participants will not receive airdrop rewards. This testnet is designed to conduct technical stress testing, help developers overcome technical difficulties and achieve technological breakthroughs, and also allow users to experience the various functions of real-time applications.
Although the official denial of the possibility of direct airdrops on the testnet, the official page information shows that MegaETH uses a dynamic design for the distribution of official NFT tokens, and this mechanism is an important part of MegaETHs broader distribution plan. Many community users believe that actively participating in testnet interactive activities will have the opportunity to receive MegaETH token airdrops, and may also receive airdrops from ecological projects.
The 10,000 soul-bound NFTs officially issued by MegaETH, The Fluffle, have a unique dynamic adjustment mechanism. Each NFT is divided into multiple evolutionary stages based on the different activities of the user. The higher the stage level, the richer the rewards the holder can get. When The Fluffle was issued, some NFTs were distributed through free airdrops, and the rest were sold at a price of 1 ETH each. This series of NFTs represents at least 5% ownership of the MegaETH network. Tokens distributed in this way will be released 50% at TGE, and the remaining 50% will be gradually released in a linear manner within 6 months. It is worth mentioning that if users achieve specific KPIs, the release of tokens can be accelerated. Therefore, users holding The Fluffle NFTs need to interact more with the MegaETH network in order to obtain more or faster released rewards.
In the MegaETH ecosystem, projects selected for its flagship accelerator program Mega Mafia will be specially marked in this article. The following is a summary and interaction strategy of some projects in the MegaETH ecosystem that have been launched on the test network or are worth paying attention to.
GTE (Selected for Mega Mafia)
GTE is a decentralized exchange based on MegaETH. It has previously raised $10 million through three rounds of financing, including $1.5 million in Pre-Seed financing, $6.942 million in seed round financing, and $2.5 million in community financing from Echo. GTE venture investors include Maven 11, Wintermute, Flow Traders, Robot Ventures, IMC Trading, Guy Young of Ethena, etc.
In addition to trading, GTE also supports providing liquidity and one-click token issuance. In one-click token issuance, 80% of the token supply is reserved for sale on the joint curve, and the remaining 20% is reserved for the AMM pool after graduation.
Interaction strategies: trading, providing liquidity, testing Takeoff.
https://testnet.gte.xyz/
Teko Finance (selected by Mega Mafia)
Teko Finance is a MegaETH ecological lending platform that supports low-collateralized lending and ensures the safety of both borrowers and lenders through a micro-liquidation mechanism. Teko Finance partners and supporters include Ambush Capital, CMS Holdings, etc., and advisors include @0x Snarks, the founder of Hyperliquid ecological lending platform Sentiment. Currently, Teko Finance supports joining the waiting list.
Interaction strategies: minting test tokens, lending tokens, and borrowing tokens with collateral assets.
https://testnet.teko.finance/mint
CAP (Selected for Mega Mafia)
CAP is a stablecoin engine that supports the issuance of stablecoins anchored to USD, BTC and ETH. Each stablecoin has two forms: interest-bearing and interest-free. The former will gain income from the proxy strategy and grow with its value, while the latter will be linked to its anchor asset.
Agents will include market makers, MEV participants, DeFi protocols, RWA companies, and other entities that can generate returns with a reasonable risk profile. CAP uses shared security to protect stablecoin holders from the risks associated with agent activities.
CAP Labs announced the completion of a $1.9 million Pre-Seed financing in the second half of 2024, with participation from angel investors including Kraken Ventures, Robot Ventures, ANAGRAM, ABCDE Labs, SCB Limited, and Synthetix founder Kain Warwick.
Interaction strategy: mint testnet-cUSD and convert USDC to bcUSD.
https://cap.app/testnet
RainMakr
RainMakr is a MegaETH ecosystem Launchpad that provides AI agent Launchpad RainAI, Meme Launchpad RainPump, and IDO Launchpad RainLaunch. The official stated that 100% of the fees will be used to repurchase RAIN tokens.
RainMakr has launched an incentivized testnet this month, which will run until May 7, 2025. The RainMakr incentivized testnet is a six-week activity to stress-test RainAI and RainPump before the release of the RainMakr mainnet.
Interaction strategy: Trade on RainAI and RainPump to accumulate trading volume and compete for rankings. Top-ranked users will share 60% of the RAIN in the mainnet airdrop pool. This requires completing some social tasks. In addition, you can test functions such as creating AI agents.
AWE (selected for Mega Mafia)
AWE is a game engine that supports faster and more open transformation of some ideas into 3D experiences, such as AI simulation, crypto games, galleries, etc. Currently, only the Whack A Fluffle game is available on the website. Whack A Fluffle is similar to the whack-a-mole game, where rabbits will randomly pop out of holes. The goal of the game is to hit the rabbits head with the mouse to make the rabbit return to the hole to increase the players score.
Interactive Strategy: Play the Whack A Fluffle mini-game and earn points by hitting the bunnies that pop up.
https://awe.box/
Nectar AI (Selected for Mega Mafia)
Nectar AI is an AI virtual companion generation platform that currently allows you to earn points by logging in daily, turning Gachapon, creating pictures, videos, and some social characters.
Nectar AI recently launched the digital realm “Nectar Love Island” powered by AWE, where Nectar points can currently be exchanged for LOVE tokens, which will later give access.
Interaction strategy: Earn Nectar AI points and exchange Nectar points for LOVE tokens.
https://love.nectar.ai/
Bebop
Bebop is a multi-chain DEX and API platform incubated by Wintermute that supports Ethereum, Arbitrum, Base, Berachain, BNB Chain, Polygon network, and also supports Monad and MegaETH.
In addition to being able to trade one token for another, Bebop also allows users to trade one token for up to 5 tokens in one transaction, or trade multiple tokens for one token. Bebops official website shows that it does not have its own token.
Interaction strategy: Transactional.
https://bebop.xyz/trade?network=megaeth
Other projects that have not yet been launched on the testnet but are worth paying attention to and have been selected by Mega Mafia:
Avon Protocol (@avon_xyz): Introducing limit orders to on-chain lending.
Euphoria (@Euphoria_fi): supports derivatives trading, social trading and other services, and provides a gamification experience including points, rewards, etc.
HopNetwork (@Hop_Network): is building a decentralized, anonymous, secure, and fast VPN, leveraging MegaETH to drastically reduce the latency burden experienced by users.
Noise (@noise_xyz): is a trend trading platform where trends are assets and their value is driven by public opinion.
Pump Party (@pumppartyapp): A live interactive game show that allows users to chat, stream, and win prizes in real time. Pump Party is launching its first season soon.
Valhalla (@valhallaperps): is a decentralized perpetual contract exchange in the MegaETH ecosystem. In December 2024, Valhalla announced the completion of a $1.5 million Pre-Seed round of financing. Robot Ventures led the investment, with GSR and others participating.
Here are the MegaETH testnet addition methods and faucet links:
1. Add the MegaETH testnet to your wallet
Name: MEGA Testnet
Chain ID: 6342
Native Token: MEGA Testnet Ether (ETH)
RPC URL: https://carrot.megaeth.com/rpc
Browser: https://megaexplorer.xyz
2. Faucet
1. Official faucet: https://testnet.megaeth.com#1 (up to 0.00002 testnet ETH can be obtained every 24 hours).
2. Claim cusd at https://cap.app/testnet, and then exchange it for ETH in DEX.
3. https://www.gas.zip/faucet/megaeth (receive 0.00002 ETH every 24 hours)
