In this tutorial, we’ll explore how you can complete a series of tasks in Plato for the Bybit x Monad ecosystem airdrop.

In this tutorial, we’ll explore how you can complete a series of tasks on Plato for the 

Task: Complete quests on Plato with your Bybit Wallet

: Sign up for an account through the exclusive 

: Enter your email address and phone number, and verify your account. 

: Download the Plato app and sign in to your account. 

Once the app is downloaded onto your device, simply eat to earn FAT rewards! 

At the end of the event, users with the top amount of FAT rewards earned on the Plato Testnet will win rewards!

Beginner

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How to complete Plato tasks for the Bybit x Monad ecosystem airdrop

In this tutorial, we’ll explore how you can complete a series of tasks in PumpBTC for the Bybit x Monad ecosystem airdrop.

In this tutorial, we’ll explore how you can complete a series of tasks on PumpBTC for the 

Task: Complete quests on PumpBTC with your Bybit Wallet

: Once your wallet is connected, enter the amount you’d like to stake. Then, click on 

pumpbtc tutorial.png

How to complete PumpBTC tasks for the Bybit x Monad ecosystem airdrop

In this tutorial, we’ll explore how you can complete a series of tasks in Wumbo for the Bybit x Monad ecosystem airdrop.

In this tutorial, we’ll explore how you can complete a series of tasks in Wumbo for the 

Task: Earn points by Testnet trading with Bi-directional Perps and Burst-LPs on Wumbo

in the upper-right corner of the page. Connect your Bybit Wallet to receive 500 points.

: Trade on the Wumbo Testnet using your newly earned points. Your points will be converted into mainnet rewards once the Testnet event ends. 

: To trade Bi-directional Perps, you’ll first need to select a token pair you’d like to bet on by clicking on the drop-down menu.

: Select the amount of points you want to bet (1, 10 or 100).

button and your position will run for 60 seconds. It starts at 0 and increases in value as the token pair’s price moves in either direction.

: You can stop at any time to lock in your earnings by clicking on the 

: To create a new position, you’ll first need to click on 

tab. Just as with Normal LPing, Burst-LPing is a bet that the price will return back to near where it started.

: This lets you LP with extreme leverage (100–10,000x) for a short amount of time. Your position starts at the same value as your deposit. 

button to start market making. In the beginning, the impermanent loss will outweigh any fees you earn, but over time, as the price bounces back and forth, the fees will accumulate. 

: Just as with Bi-directional Perps, you can stop and reset at any time.

You can try out these two Wumbo products first in order to understand how they work before going live with real USDC on the Monad Mainnet. Any points you earn here can be kept for Wumbo’s eventual launch events. 

: There’s an exclusive 5x multiplier on points!

wumbo by hyperplex tutorial.png

How to complete Wumbo tasks for the Bybit x Monad ecosystem airdrop

In this tutorial, we’ll explore how you can complete a series of tasks in Mu Digital for the Bybit x Monad ecosystem airdrop.

In this tutorial, we’ll explore how you can complete a series of tasks on Mu Digital for the 

in the upper-right corner of the page to connect your preferred wallet (such as the Bybit Wallet). 

: You can proceed to mint muBOND with MON or USDC.

: Obtain at least one egg from the Mu Digital Easter Egg Hunt event. 

mu digital tutorial.png

How to complete Mu Digital tasks for the Bybit x Monad ecosystem airdrop

Altcoins

Dash is a cryptocurrency based on the "blueprints" of Bitcoin as a result of a Litecoin fork. But what value it brings? Find out more.

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When analyzing the history of cryptocurrencies — and especially the most prominent cryptocurrency of all, 

(BTC) — you’ll come across cryptocurrencies that were built based on the “blueprints” of Bitcoin. One such 

Dash is a cryptocurrency with an open-source 

 that has been gaining attention, especially recently.

Before investing in a cryptocurrency such as Dash, you need to know a little about its background, unique features, price timeline and future plans, as well as its “controversial” history. So, let’s begin with a brief explanation of Dash.

Dash is a cryptocurrency that was created due to a 

. Since Litecoin is a Bitcoin fork, these three cryptocurrencies are very similar. The name DASH is a blending of the words “digital” and “cash.” Indeed, digital cash is essentially what a cryptocurrency is.

Dash intends to become a better version of both Bitcoin and Litecoin. Additionally, it aims to be a successful medium that allows people to complete daily transactions.

Dash is open-source, which means that anyone has access to new updates and can propose protocol changes if the majority of nodes agree. 

It is worth noting that Dash, just like other cryptocurrencies, is decentralized and does not have a central authority. Dash, however, is governed by 

 (Decentralized Autonomous Organization).

What makes Dash unique is the efficiency it provides when compared to the likes of Bitcoin and Litecoin. Moreover, the Dash network tries to improve privacy protocols, meaning that they promote a more private transaction than other cryptocurrencies.

It has a limited supply of 18.9 million, with around 10 million already in circulation.

Dash is a fungible cryptocurrency, which means that one coin cannot be traced back to earlier transactions.

What differentiates Dash from other cryptocurrencies is the way it works. Dash has three distinct features that make it the cryptocurrency it is today: Masternodes, PrivateSend, and InstantSend.

There are two main systems that work on Dash, namely those of miners and Masternodes. Miners on the Dash network work in the same way as other cryptocurrencies. Masternodes, on the other hand, are users who own more than 1000 DASH.

These Masternodes serve as DAO (Decentralized Autonomous Organization) in the DASH network. They have more leverage than smaller users and possess the ability to operate various functions within the Dash blockchain as well as govern the network. In order to do so, Masternodes need to spend a lot of money for running every service within the network. 

But what is the benefit of being a part of Masternodes besides owning 1000 DASH?

Masternodes are rewarded in the same way that miners are rewarded. Whenever 1 DASH is mined, 45% of the mined DASH goes to the miner responsible for mining, another 45% goes to the Masternodes to reward them for their contributions to operating the Dash blockchain, and the remaining 10% is used by DAO to improve the Dash network on other fields.

There are two main functions for which Masternodes are responsible. These are PrivateSend (private transactions) and InstantSend (instant transactions). 

makes it possible for users to secure transactions, even more than before. Users that trade DASH have options to make the transactions completely untraceable and invisible to other users. In other words, users may not be able to check on your DASH transaction history, transaction amount or even your address. PrivateSend has made DASH one of the most prominent cryptocurrencies when it comes to anonymity and security. 

is another feature that Masternodes make possible for users. This service makes DASH transactions much faster than those of most other cryptocurrencies. To put it more concisely, around two-and-a-half minutes are needed for a DASH transaction to be completed, which is much faster than with a lot of other cryptocurrencies. Moreover, users can pay a very small fee to Masternodes if they want to complete the DASH transaction instantly.

As a consensus mechanism, Dash uses a hybrid version of both Proof-of-Work and Proof-of-Stake.

DASH and BTC share many features in common. However, since Dash was created to become a better version of Bitcoin, there are a lot of differences between the two.

Since Litecoin is considered one of the first Bitcoin forks, Dash is considered by most as a Litecoin fork. Initially, it was launched in 2014 with the name XCoin by software developer Evan Duffield. Later, its name was changed to “Darkcoin” before receiving the name “Dash.”

Controversy surrounded Dash from the very beginning of its operation, when 1.9 million Dash (around 10% of the total supply) were mined within a span of just two days due to a bug that appeared when the fork from Litecoin occurred.

In its early stages, Dash received a lot of criticism because of reports that people might be using Dash for illicit transactions in black markets. This allegation was resolved as of August 2016.

Dash has been growing as a cryptocurrency and as a community ever since.

Dash expanded its network in Venezuela, by 2019 becoming that country’s largest cryptocurrency. 

According to CoinMarketCap, DASH had a starting price of $0.36 on February 16, 2014. The price went on to a good start, reaching $14 by May 2014. Its price started rapidly declining in the next few months, reaching as low as $1.34 by the beginning of 2015. It then started its longest and biggest bullish run. The price increased relatively slowly until the beginning of 2017.

Along with a lot of other cryptocurrencies (including Bitcoin), DASH’s price drove higher than ever before. Within three months, it exceeded the $100 mark. It kept growing at the same rate throughout 2017, reaching $374 in August. After a couple of months of stagnation, the price started increasing again, finally reaching its all-time high on December 20, 2017, with a value of $1,437. Then, following the crypto bearish run, Dash dropped as low as $40 by the end of 2019.

The price ranged from $40 to $100 for the majority of 2020. In 2021, the price of DASH has been constantly increasing, but not at the same rate as some other cryptocurrencies that have had the biggest bull runs in their history. As of May 2021, DASH had reached a price of around $400, a more than 300% increase over what it had been at the very beginning of the year.

Now that we know the basics required before investing in DASH, let’s look at what many experts predict about the price of DASH for the future.

When it comes to price predictions over the next few years, Digitalcoin 

 that the price of DASH may get close to $650 by 2022, and $1,090 by 2025.

 predicts DASH may reach $490 by 2025, an increase of around 38% over current prices. 

 forecasts that by 2025, DASH could reach between $660 and $1,300 in price.

 DASH may reach a price of $220 by the end of 2021. One of the reasons for this might be the fact that DASH has yet to exceed its previous bull run in the same way that other cryptocurrencies have done.

What influences the price of DASH? Here are the main factors:

A lot can be said about Dash — its background, controversial history, system, historical price patterns and predicted future value. All of these considerations lead to the conclusion that DASH definitely has potential, whether due to the ultimate privacy it provides or the likelihood that it will exceed its all-time high at the end of 2017’s infamous crypto bull run. Overall, DASH’s future seems to be pretty promising.

A Beginner’s Guide: What Is Dash Crypto?

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards