DeversiFi Airdrop Review 2023: Good Or Bad Airdrop Read Our Review

What Is Crypto Airdrop?

A crypto airdrop is a popular marketing technique used by blockchain projects and cryptocurrency businesses to give out free tokens or digital assets to a select group of users, usually current owners of a particular cryptocurrency or users who match certain requirements. The idea of “dropping” these tokens into the wallets of qualified recipients is where the word “airdrop” originates, much as how aid is airdropped to those in need during humanitarian endeavors.

Airdrops have a number of uses, such as introducing a new cryptocurrency, rewarding devoted users, or fostering community interaction. In order to participate in an airdrop, participants frequently have to fulfill requirements or fulfill pre-requisites, such as owning a minimum quantity of a particular cryptocurrency, following social media accounts, or taking part in the project’s community events.

While some airdrops can be legitimate opportunities for users to acquire new cryptocurrency tokens, others may be scams or fraudulent schemes aimed at tricking users into giving away their private keys or personal information. Therefore, it is important to carefully research and verify the legitimacy of an airdrop before participating.

What Is DeversiFi Airdrop?

DeversiFi Airdrop is a professional-grade, self-custodial exchange built using the StarkWare zkSTARK layer 2 scaling technology allowing for an industry-first 9,000+ tps via UI or API. DeversiFi is built with serious traders in mind and reflects the experience of a large centralised exchange (by providing low-fees, fast speeds, privacy-by-default and deeply liquidity, aggregated order books) to self-custodial trading.

DeversiFi is airdropping their governance token DVF to various communities. Active users of DeversiFi by November 16th, 2021 at 12:00 pm UTC and NEC holders who had balances on 25th March at Ethereum block 12107360 are eligible to claim free DVF.

Basic DeversiFi Airdrop Points

How To Claim DeversiFi Airdrop Step-by-Step Guide:

1. Visit the DeversiFi airdrop claim page.
2. Connect your ETH wallet.
3. If you’re eligible, then you will be able to claim up to 300 DVF tokens.
4. Users who’ve made at least one transaction, along with USD equivalent trading volume (excluding staking volume on cUSDT or xDVF), and detailed the number of weeks in which they had made at least one swap, trade or transfer via the protocol before November 16th, 2021 at 12:00 pm UTC are eligible.
5. Users who were holding NEC by March 25th, 2021, at Ethereum block 12107360 are also eligible for the airdrop. NEC holder’s claimable DVF will be split into two parts in which 50% claimable immediately and another 50% claimable after 3 months. NEC holders have to fulfill additional rules mentioned in the below article to be eligible to claim the remaining 50% of the airdrop.
6. For more information regarding the airdrop, see this article.

How To Check DeversiFi Airdrop Is Real Or Fake

Checking the legitimacy of a crypto airdrop can be a bit tricky, as scammers often use sophisticated techniques to create fraudulent airdrop campaigns that appear to be legitimate. Here are some steps you can take to verify the authenticity of a crypto airdrop:

1. Verify Official Announcements: To begin, look for any official announcements regarding the airdrop on DeversiFi’s official website, blog, and social media channels (Twitter, Telegram, etc.). These authorized channels are often used to announce legitimate airdrops.
2. Check the Information’s Source: Verify the information’s source to see whether it really did lead you to believe there was an airdrop. Be wary of arbitrary emails, social media posts, or websites that promise to give out tokens. Do not rely on sources other than DeversiFi’s authorized sources.
3. Be Wary of Unsolicited texts: If you received information about the airdrop by unwelcome emails or texts, take it with a grain of salt. Phishing is a technique used by con artists to get victims to give money or divulge personal information.
4. Verify the Website URL: Verify the Website URL to make sure you are not visiting a scam site but rather the DeversiFi legitimate website. Check the URL again for typos or other changes.
5. Don’t Share Private Keys or Personal Information: You are not need to provide your private keys, wallet addresses, or other sensitive personal information in order to participate in legitimate airdrops. Any request for such information should be handled with extreme caution.
6. In summary, it’s important to conduct thorough research, verify the source and instructions, look for feedback from other users, and trust your instincts when evaluating the legitimacy of a crypto airdrop. By taking these steps, you can minimize the risk of falling for a fraudulent airdrop and protect your assets and personal information.

What are the risks of participating in an airdrop?

There are a number of hazards associated with taking part in an airdrop, which is a free distribution of bitcoin or tokens to owners of a particular blockchain or cryptocurrency. Priority one is to exercise caution over the validity of the airdrop.

Scammers frequently utilize airdrop announcements to trick unwary victims into divulging private keys or personal information, which can result in theft or phishing assaults. Therefore, it’s critical to confirm the airdrop source’s legitimacy.

DeversiFi Airdrop Pros Or Cons

Pros of participating in an airdrop:

1. High Throughput: DeversiFi is able to handle 9,000+ transactions per second (tps) because to the utilization of StarkWare’s zkSTARK layer 2 scaling technology. Due to the high throughput, orders are executed quickly and effectively for dealers.
2. Self-Custodial: DeversiFi is a self-custodial exchange, so users retain ownership of their money and private keys. This provides a better level of protection and does away with the necessity to entrust custody to a third party.
3. Cheap Transaction Fees: DeversiFi strives to offer cheap transaction fees, making it affordable for traders, particularly those who frequently engage in trading activities.

Cons of participating in an airdrop:

1. Complexity for Novice Traders: DeversiFi’s professional-grade features and self-custodial structure may intimidate or befuddle rookie cryptocurrency traders.
2. Limited Asset variety: Compared to some centralized exchanges, DeversiFi may have a smaller variety of cryptocurrencies, which could be a disadvantage for traders seeking a diverse selection of assets to trade.
3. Risk of Self-Custody: Although self-custody offers security advantages, it also places all of the onus for safeguarding funds on the user. If users are inexperienced with protecting their private keys, there may be a risk.

DeversiFi Airdrop Final Verdicts

DeversiFi is a testament to the constantly changing world of cryptocurrency exchanges, to sum up. It represents a significant development in the field of self-custodial exchanges because it uses StarkWare zkSTARK layer 2 scaling technology, which provides an industry-leading transaction rate of over 9,000 transactions per second via both the user interface and API.

DeversiFi smoothly integrates the benefits of a centralized exchange with the security and control of self-custodial trading, primarily serving the demands of serious traders. Low fees, blazing-fast transaction rates, secrecy as the default mode, and access to highly liquid aggregated order books are provided to accomplish this.

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