Gate Wallet BountyDrop Launches Folks Finance Airdrop, Unlocking $20,000 Prize Pool

BountyDrop Block Position Analysis

BountyDrop is the hub section of Gate Wallet that features on-chain tasks and Airdrop functions, gathering popular project tasks, simplifying interaction paths, and providing one-stop services such as status verification and reward distribution.

Users can view task details, enter project pages, perform on-chain interactions, and claim rewards within the App without switching between multiple modules.

Folks Finance Project Introduction

Folks Finance is a cross-chain DeFi protocol designed around lending and liquidity staking, providing users with a solution for asset circulation and yield generation in parallel, and allowing governance participation through token holding. It is very suitable for novice users interested in exploring DeFi.

Highlights of the event

1. Simple task flow: Complete tasks such as asset holding, social participation, and platform deposits, and confirm by clicking “Verify”.
2. High-value rewards: 300 participants will be randomly selected from all valid participants to share a prize pool of $20,000 FOLKS tokens and points.
3. No cheating deterrence: The system monitors behaviors such as multi-address voting and witch attacks, and immediately disqualifies rewards upon detection.
4. Transparent reward distribution: Reward records and receiving records can be viewed in “My Rewards” in BountyDrop, which is transparent and efficient.

Participation Guide

• Open the BountyDrop module in Gate Wallet
• Log in with the wallet address backed up by the mnemonic phrase.
• Hold at least 10 USDT in total chain assets
• Follow the Folks Twitter account
• Join the Folks Telegram and Discord groups
• Register on Folks xChain and deposit at least 10 USDC.
• After completing all tasks, click “Verify” to submit, which qualifies you to participate in the lottery.

After completing the task, the interaction records and prize pool status will be displayed in “My Rewards”. If you win, you can claim the corresponding reward.

Tips: How to increase your winning rate?

• Participate in all tasks: Ensure that you complete each task and click verify to qualify for the raffle pool.
• Retain asset screenshot as proof: Some tasks require on-chain assets ≥10 USDT, backup screenshots can prevent audit rejection.
• Keep track of activity progress: complete tasks on time to avoid missing verification deadlines.
• Maintain single address participation: Avoid using multiple wallet addresses or devices to log in, reducing the risk of being seen as cheating by the system.

Security and Risk Warning

• Gate Wallet encourages users to complete the backup of their mnemonic phrase to ensure the security of their private keys.
• It is recommended to perform interactive operations in a Wi-Fi environment to eliminate the risk of man-in-the-middle attacks.
• Folks Finance is a DeFi project, and assets may be subject to price fluctuations and contract risks. Participation requires assessment and careful operation.

Conclusion

After the addition of the Folks Airdrop task in Gate Wallet BountyDrop, users will enjoy a more targeted and high-value DeFi interaction experience. Complete any of the three tasks easily to share a prize pool of $20,000 FOLKS. If you want to experience on-chain tasks and enter the DeFi world, consider starting this Folks Airdrop journey to take the first step into Web3 with ease.

Disclaimer
This article is for activity introduction only and does not constitute any investment advice. Investing in crypto assets carries high risks, please ensure that you are fully prepared. For more details, please refer to:https://www.gate/user-agreement