Airdrop Pre-launch Phase, Check Out This MetaMask Season One Points Interaction Guide

Original Article Title: "Airdrop Imminent, MetaMask Season One Points Reward Interaction Guide"

Original Article Author: Umbrella, Deep Tide TechFlow

On the evening of October 28, MetaMask announced the launch of the "MetaMask Rewards" Season One points reward program.

As a long-standing wallet application that has been widely used since the DeFi era, coupled with the confirmation of an upcoming token issuance in a previous MetaMask official press release, the news of this event quickly garnered significant market attention.

This MetaMask Rewards event will last for 90 days, offering over $30 million worth of $Linea token rewards. Furthermore, the cumulative points from this event are very likely to impact the subsequent MetaMask token issuance allocation.

From Wallet to Crypto Financial Center

The launch of this MetaMask points program is not an isolated event but comes alongside product iterations as MetaMask transitions to a crypto financial center.

As a veteran wallet application, early investors in the crypto market have more or less used MetaMask, with the familiar little fox logo almost becoming synonymous with crypto.

However, with the emergence of a growing number of wallet applications in recent years and in the face of a constant stream of new features, this little fox has gradually been abandoned by the market.

Having missed out on the NFT, Metaverse, and MEME markets, MetaMask has chosen to embrace the Perp DEX this time, returning to the public eye with a new look.

With the latest MetaMask version update on iOS, users can now find the perpetual contract option in the middle "Trade" section, supporting up to 40x leveraged trading, with technical support provided by Hyperliquid. The positioning also clearly indicates that MetaMask is promoting Perp DEX as the main feature of this update.

Points Program Interaction Guide

The MetaMask points reward program this time only supports participation on mobile, not on the web, currently IOS users can update MetaMask from the APP Store, while Android users need to wait for the official update.

After updating MetaMask, click on the bottom navigation bar in MetaMask, go to "Rewards," and enter the invitation code to access the MetaMask Rewards event interface.

Once users enter the event interface, they can link other addresses to receive historical rewards. MetaMask will provide retrospective rewards for transactions made before October 15, with 250 points for every $1250 in exchanges or cross-chain activities. The maximum points per single address are 50,000. Users with multiple wallets can accumulate points quickly by linking addresses.

In addition to receiving base points by linking addresses, users can also earn points through the following activities:

1. Token Exchange: Conduct token exchange transactions using MetaMask to receive 10 points for every 800U. Transactions on the Linea network will receive a double points bonus, and when combined with mobile transactions, a 1.5 times bonus, allowing for a maximum 3 times points acquisition.

2. Perpetual Contracts: Users engaging in perpetual contract transactions within MetaMask, such as opening and closing positions, can earn 10 points for every 100U.

3. Refer Friends: Invite other users to participate in the points reward program using referral links. Invited users will receive double registration points, and through transactions, they can earn 50 points, while the referrer will receive a 10-point reward.

Furthermore, this event also includes a user level mechanism. Participants can clearly see their unlocked and pending rewards. By accumulating points to increase their level, users can gradually unlock additional time-limited points bonuses, perpetual contract fee reductions, and other benefits.

The Little Fox's Transformation Journey is About to Begin

As one of the most widely used veteran wallets, MetaMask has always had a good reputation in the crypto market. However, missing out on several market narratives has put MetaMask at risk of being banned and phased out.

Beyond making it more user-friendly and streamlined, this update embraces the Perp DEX and clearly announces a token issuance that is more like the first step in a little fox's transformation journey. Moreover, this reward points program is highly likely to bring about another large-scale airdrop event in the crypto market.