Explore Cheap, Fast and Secure Bridgeless Swaps with X-Talk Technology
L1X Cross-Chain Swaps are powered by the innovative X-Talk technology, eliminating the security risks associated with traditional bridge solutions. Bridges have unfortunately been a target for hackers, with over $3 billion lost in bridge hacks throughout the cryptocurrency industry.
X-Talk's bridgeless design ensures a trustless system where you maintain custody of your assets throughout the entire swap process. This eliminates the risk of relying on a central custodian to hold your funds during a swap, significantly enhancing security.
On top of security, Layer One X technology facilitates faster and cheaper swaps compared to leading bridge solutions like Stargate Finance (powered by Layer Zero Tech) and Squid Router (powered by Axelar Tech). This means you can experience seamless cross-chain swaps with minimal wait times and transaction fees.
How to Participate:
Layer One X has partnered with Intract.io to run this airdrop campaign. The airdrop is divided into two different Phases, which each one has its own link:
Phase 1. Single XP Points
- Register on the Intract website: https://www.intract.io/quest/65f0026dde12da229d8b5d91
- Follow and complete the required tasks to earn your XP.
- For swaps, access the L1X App (Desktop Only - Mobile Coming Soon): Head over to L1XApp.com.
- Connect your MM Wallet: Once on the LX App connect your Metamask wallet.
- Start Swapping Tokens: Here's the fun part! Swap tokens between different blockchains to earn XP points.
Phase 2. Recurring Swaps for extra XP Points
- Register on the Intract website (different Link): https://www.intract.io/quest/65f83fd77fe5935ce844e9c5
- Follow and complete the recurrent required tasks to earn your XP.
- It will redirect you to the the L1X App (Desktop Only - Mobile Coming Soon).
- Connect your MM Wallet: Once you are on LX App connect your Metamask wallet.
- Start Swapping Tokens: Here's the fun part! Swap tokens between different blockchains to earn XP points.
Earning XP Points:
XP (short for Experience Points) is a scoring system used in the L1X Cross-Chain Swaps Airdrop. By participating in activities like swapping tokens and completing social tasks, you'll earn XP points. The total number of XP points you earn will determine your final share of the L1X Coin airdrop pool.
Phase 1. Single XP Points
| Swap Tasks | XP Points |
|---|---|
| Swap any asset between two blockchains excluding Ethereum chain | 50 XP |
| Swap any asset between two blockchains including Ethereum chain | 200 XP |
*** Extra points added for ETH swaps to acknowledge the high gas fees on the network.
You can also earn extra XP by following L1X on social media and referring friends.
| Social Tasks | XP Points |
|---|---|
| Follow L1X on Twitter, Join Discord, Join Telegram | 10 XP each |
| Retweet an L1X tweet (once a day) | 10 XP each |
Phase 2. Recurring Swaps for extra XP Points
| Swap Tasks | XP Points |
|---|---|
| Swap any asset between two blockchains excluding Ethereum chain | 50 XP |
| Swap any asset between two blockchains including Ethereum chain | 200 XP |
How do XP Points affect my Airdrop?
At the end of the airdrop campaign, all participants' XP points will be added together. Your final share of the L1X Coin airdrop pool will be based on the percentage of total XP points you earned. For example, if you earn 1% of the total XP points distributed during the campaign, you will receive 1% of the total L1X Coins allocated for the airdrop.
Tracking Your Progress:
L1X has partnered with Intract to handle the recording of your XP points. You can track your progress on Intract leaderboard:
Important Dates:
- Airdrop Period: Starts March 14th, 2024, and ends March 25th 8:00 PM AWST, 2024.
- Claiming Rewards: You can claim your L1X Coins starting from the L1X launch date. Your rewards will be distributed daily over 4 months.
Ready to Get Started?
Access any of the Intract phases Link, head over L1X App on your desktop at https://l1xapp.com/ , connect your wallet, and start swapping tokens to earn XP and be a part of the L1X Swap Bounty Airdrop! Remember, the more you swap, the bigger your potential reward!
Don't miss out on these incredible bonus opportunities to supercharge your L1X Coin Airdrop rewards!
FAQS for the Intract Airdrop Campaign
Q: Do social media bonuses (follow, retweet) reset daily or accumulate throughout the campaign?
A: You can only join L1X Twitter, Discord and Telegram once to earn XP Points, however for every eligible retweets you will earn XP each time.
Q: Will the leaderboard update in real-time, or is there a delay?
A: The Intract leaderboard will update frequently to reflect your XP.
Q: Will I need to do anything specific to claim my L1X Coins after the launch date?
A: Once you receive your L1X Coins in your wallet you will need to go through the XPerks program to start your vesting from TGE. Simple instructions for this will be provided near the end of the airdrop campaign.
Q: How will I know how many L1X Coins I am receiving each day during the 4-month distribution period?
A: Once you have gone through the XPerks program your coins and the vesting schedule will be displayed in the portfolio section of L1X App.
Q: What happens if a swap fails due to technical issues? Will I still earn XP points?
A: You will earn XP points on completed cross-chain swaps.
Q: Are there any transaction fees associated with swapping tokens on the L1X App?
A: Source and destination chain gas fees will apply, however since the L1X X-Talk technology interacts with fewer smart contracts on the participating chains then gas fees are lower than competitors. The transaction fee on top of this is a minuscule 0.02%.
Q: Is there a minimum amount of tokens required to perform a swap and earn XP points?
A: No
Q: Which blockchains are currently supported for cross-chain swaps on the L1X App?
A: Initially the supported chains are Binance, Avax, Polygon and Ethereum
Q: Which crypto wallets are compatible with the L1X App?
A: MetaMask wallet is supported on the L1X App
Q: Can I swap any token on the L1X App, or are there specific tokens supported?
A: The current tokens supported are USDC, USDT, BNB, Avax, Matic and ETH
