Rainbow is a cryptocurrency wallet that supports a wide range of blockchain activities, including managing multiple wallets, trading NFTs, and performing cross-chain swaps.

Rainbow airdrop details​

Rainbow is running a points program where users can earn free points for swapping and using the wallet. Users can also earn 5x points for using their in-app browser. They currently don’t have a token, but they may launch one in the future. Users who collect points may receive an airdrop if their token goes live.

Step-by-Step Guide:

Latest Update: Rainbow Launches Phase 2 Collectible NFT and Token Launcher​

Rainbow has released several significant updates to their ecosystem, including a new collectible NFT mint and the launch of their Token Launcher feature.

Phase 2 NFT Collection​

• Mint the Rainbow Phase 2 collectible NFT on Highlight

New Token Launcher Feature​

Rainbow has introduced a Token Launcher that allows users to create their own tokens across 12 supported chains. To access this feature:

1. Update your Rainbow app to the latest version
2. Navigate to the “Discover” tab
3. Click on “Launch your coin”
4. Follow the setup process:
   • Upload a logo for your token
   • Choose a ticker symbol
   • Name your token

Token Distribution Structure​

When creating a token through Rainbow’s Token Launcher, the supply is allocated as follows:

• 1% of token supply: Sent to Creator’s wallet
• 5% of token supply: Goes “Over The Rainbow”
• 94% of token supply: Locked in Uniswap v3 LP pool

Rainbow Token News​

The Rainbow Foundation has created an official X account, suggesting that the Rainbow airdrop and token launch may be coming soon. To stay updated, follow the Rainbow Foundation.

How to Position for the Rainbow Airdrop ​

1. Visit the Rainbow website.
2. Download the Rainbow extension or the Rainbow app.
3. Now, swap, bridge, and use the wallet.
4. You will need some ETH and/or other tokens. You can get ETH from Binance.
5. You will earn points based on the actions that you do.
6. Users can also earn 5x points for using their in-app browser.
7. You can also refer your friends to earn 10% of their points.
8. Also, Rainbow is dropping ETH rewards to the most active users every week.
9. The top 10,000 all-time points leaders have received an ETH airdrop on June 26th.
10. ETH rewards will be dropped every Tuesday at 20:20 UTC to the top 1,000 Rainbow users based on the points they’ve earned in the previous week.
11. In later phases, ETH rewards will be dropped to more users.
12. For more details about Rainbow’s ETH rewards, read this official announcement.
13. Also, try to mint all Rainbow NFTs on Zora.
14. They currently don’t have a token, but they may launch one in the future.
15. Users who collect points may receive an airdrop if their token goes live.
16. Please note that there is no guarantee that they will do an airdrop or launch their own token. It’s only speculation.

Latest Update: Rainbow Launches ETH Rewards Bonus Multipliers​

Rainbow has introduced special bonus multipliers for traders of Rainbow Tokens, allowing users to earn significantly increased points based on trading volume.

Bonus Multiplier Structure​

• 10x points: For the first $5,000 in trading volume of tokens launched in Rainbow
• 5x points: For the next $15,000 in trading volume ($5,001-$20,000)
• 2x points: For all trading volume exceeding $20,000

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

• Airdrop Link: SWAP & REFER FRIENDS

• Total value: n/a

• Airdrop unconfirmed

• Platform: eth

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