Aleo network funding raise:-
It is expected that Aleo, a project that was funded with $298 million, will host a community airdrop in the first quarter.
What is aleo network?
Aleo Network protects user data privacy and security by implementing Zero-Knowledge Proof (ZKP) technology. It offers tools and APIs to developers so they can build and run decentralised apps (Dapps) on its network. Aleo, a potential Layer 1 blockchain, raised $298 million in funding at a valuation of $1.3 billion. About 100,000 users are expected to receive airdrop rewards, with rewards for qualifying accounts ranging from $7,500 to $25,000.
Detailed guide on how to participate in Aleo Network potential airdrop:-
step 1-Visit
https://chrome.google.com/webstore/detail/leo-wallet/nebnhfamliijlghikdgcigoebonmoibm?hl=en-GB
1. Click on “Add to Chrome” (or the corresponding option for other browser extensions).
2. Create a new wallet and store the seed phrase inside of it securely.
Step 2: Open the tap and add the wallet to the greenlist.
Visit
https://faucetgreenlist.snarkos.net/
add your walllet to the greenlist and put your address.
Step 3: Redeem testnet tokens.
visit :-https://faucet.aleo.org/
Put ETH from the testnet into your MetaMask wallet.Send a sms to the specified number to the recive tokens your wallet .
Step 4: Send ETH across the bridge to Aleo.
visit:-https://testnet-bridge.izar.xyz/bridge
Transfer a test quantity of ETH from Sepolia to Aleo. The exact amount is not critical.
Step 5: Generate an NFT.
visit:-https://aleo.store/collection/create
Enter your detailed informatin.
To pay fees, enter the receiving wallet address and choose “Use mine.”
After that, select “Create collection.”
Step 6: Deploy the smart contract:-
visit:-https://aleo.tools/develop
After completing the programme section as directed by the instructions, click “Run.”
Step7: Utilise AleoSwap:-
visit:- https://app.alphaswap.pro/faucet
1-Redeem every token that is available (this should take about five minutes).
2-Proceed to the SWAP area and trade tokens there.
3-After contributing liquidity to the POOL section, take 50% of the tokens.
Step 8-Establish your token
visit- https://app.alphaswap.pro/list
After providing the necessary information, choose “Insufficient Balance.”
step 9 -Interact with Arcane Finance :-
1-Redeem USDC; the process usually takes five minutes.
2-Execute token exchange transactions.
Step 10: Buy a domain name:-
visit – https://testnet3.aleonames.id/
Get into your Aleo account.
Aleo faucet full guide:-
How to Use the Aleo Faucet: You may now connect instantly to the community faucet. Aleo’s community is getting involved to improve chances for the next airdrop. If the project detects high FOMO, the tap portal may close early.
step 1 : open your wallet.
Step 2: Select “Faucet”.
Choose the ” join the leo wallet discord ”
1- join the leo discord channel .
2-verify your on the server .
3-Navigate to the faucet vhannel .
4-press the request faucet and paste your aleo address .
5- done 15 testnet credits will be dilivery in a few minutes.
