PARADEX Airdrop Qualification - Comprehensive Tutorial

PARADEX, a decentralized perpetual futures exchange on Starknet, operates a structured Experience Points (XP) farming program to determine eligibility and size for its future token distribution. The airdrop token is expected to be $DIME, with the platform allocating a significant percentage (e.g., $20\%$ of the total supply) for the community airdrop across multiple seasons.

The current strategy for qualification revolves around earning the maximum amount of XP.

• Starting XP on Paradex here: https://app.paradex.trade/r/web3wikis

See video insight:

Core XP Earning Activities (Season 2)

XP is awarded for meaningful interaction and contribution to the platform. Key activities include:

Activity	Detail	Focus
Trading Volume & Fees	Executing trades and paying associated trading fees. This is generally considered the most straightforward method.	User Adoption
Maintaining Positions	Keeping open trading positions on the platform.	Genuine Usage
Depositing Collateral	Depositing funds to be used as trading margin or into the official Paradex Vaults (protocol, vtf, community).	Liquidity/Security
Providing Liquidity	Contributing to the platform's liquidity by setting tight two-sided quotes (relevant to Quote Quality XP component).	Market Making
Inviting Friends	Using a unique referral link to bring new users to the platform. Referrers can earn a percentage of the taker fees paid by the referred user (e.g., $5\%$).	Network Growth
Community Engagement	Staying active through community research, testing new products/features, sharing alpha, and general activity on social platforms like X (Twitter) and Discord.	Ecosystem Contribution
Liquidations	Users can reportedly earn XP even when their positions are liquidated.	Risk Participation

Step-by-Step Guide to Participation

• Connect and Create Account: Go to the official Paradex website and connect your wallet (e.g., MetaMask, Argent X).

• Deposit Funds: Deposit the desired collateral (typically stablecoins) into your Paradex wallet.

• Trade and Provide Liquidity: Begin trading perpetual contracts and/or provide liquidity to the Paradex Vaults.

• Referral Link: You can invite others to join the platform using your unique referral link to earn bonus XP: https://app.paradex.trade/r/web3wikis

• Monitor Progress: Track your accumulated XP in real-time on the dedicated XP page on the platform.

Anti-Sybil Measures

Paradex employs systems to detect Sybil accounts and self-referral schemes. Eligibility checks may involve verifying platform identity (e.g., Kaito Social Score, Twitter, Discord) and analyzing platform activity. Users found to be in violation may have their XP or referral rewards voided or reduced.

2. Kaito InfoFi Campaign (Yaps-to-Earn)

Kaito is a platform centered on Information Finance (InfoFi), a concept that treats valuable information, content, and the attention it receives as an asset that can be rewarded. Kaito's core mechanism is the Yaps-to-Earn model.

While PARADEX does not run its own specific InfoFi campaign on Kaito, the two projects are related through Kaito's role as a platform that measures and rewards high-quality social attention, which is utilized by projects like PARADEX for Sybil detection.

The InfoFi Mechanism on Kaito

• Goal: Earn Yaps (Tokenized Attention Score), which reflects the quality and influence of a user's content within the crypto sphere, and participate in Airdrops from partnered projects.

• Platform: The core platform involves Kaito Pro (an AI-powered search engine for crypto) and Kaito Connect (the InfoFi network).

• Earning Yaps (Rewards):

  • Content Creation: Users (referred to as "Yappers") earn rewards by writing, curating, or amplifying content about listed projects on platforms like X (Twitter).

  • Quality over Quantity: Kaito's proprietary AI filters out low-effort or low-quality content ("slop") and rewards content based on relevance, originality, and genuine engagement.

  • Partnerships: Kaito partners with projects to distribute rewards from dedicated pools, incentivizing discussion and research on those projects.

• $KAITO Token: The platform’s native token, $KAITO, is used as the network currency, enables governance, and is distributed through airdrops to active community participants (Yappers).

Relevance of Kaito to PARADEX Qualification

• Sybil Detection: PARADEX's anti-Sybil measures explicitly state they check for user identity using social scores, including the Kaito Social Score. Maintaining a verifiable, high-quality social score on Kaito helps establish a user's legitimacy, which can be a key factor in distinguishing genuine users from multi-account farmers and increasing overall airdrop eligibility.

• Your Kaito Invite: You can invite others to join the Kaito InfoFi ecosystem using your unique referral link: https://yaps.kaito.ai/referral/1639156369436835840

3. NFT Earning Campaigns (PARADEX & Kaito)

PARADEX NFT Earning

• No Active NFT Earning Campaign: The Paradex airdrop qualification is purely transactional, focusing on trading volume, fees paid, and liquidity provision.

• Factual Basis: There is no publicly verifiable, featured campaign where holding a specific PARADEX-branded NFT provides a direct multiplier on XP or is a mandatory condition for airdrop eligibility. The mechanism for qualification remains generating on-chain activity.

Kaito NFT Earning

• Genesis NFT Holders: Kaito has previously hosted a Genesis NFT Minting Event for early users.

• Airdrop Benefit: Holders of the Kaito Genesis NFT are often included in the token allocation model (e.g., they are specifically mentioned as a group eligible for token allocation in $KAITO$ tokenomics) and may have voting rights in the ecosystem.

• Status: While the NFT itself was an entry point for early supporters and grants long-term privileges, the primary, ongoing method for earning airdrop points is the Yaps-to-Earn activity, not a continuous NFT-staking campaign. For Kaito, the NFT serves as a badge of early community loyalty that secures future benefits, rather than a point-farming tool.