In March 2022, MetaMask confirmed they will launch a token called $MASK, according to parent company ConsenSys CEO Joe Lubin. The MetaMask airdrop distribution event has not been officially confirmed but is heavily speculated based on similar crypto wallet projects. Read our guide to learn how to maximize your eligibility in case of a token drop.
Summary
MetaMask has confirmed a $MASK token is launching but not an airdrop. However, based on similar projects, an airdrop is speculated. Our guide covers top tasks to try qualifying for the potential airdrop, including swapping tokens, bridging assets, staking, using dApps, buying crypto, and more.
What is MetaMask?
MetaMask is one of the most popular crypto wallets, with over 30 million active users per month. It allows easy access to thousands of Web3 applications and is owned by blockchain startup ConsenSys, which also builds Infura, Codefi, and other products.
MetaMask supports access to thousands of apps across popular networks like Ethereum, Polygon, BNB Chain, and more. In addition to the networks already supported, there are other blockchain protocols gaining popularity that users are requesting integration for.
For example, some users are asking how to add Sui to MetaMask as it continues gaining traction for its focus on scalability and sustainability.
Additionally, our guide to Adding THORChain to MetaMask recently enabled native integration, allowing easy access to its cross-chain liquidity features.
MetaMask’s Features
MetaMask has many built-in features, including:
- Token Swapping – Swap between thousands of tokens directly in the app
- Asset Bridging – Bridge tokens between different blockchains
- Staking Services – Stake assets like ETH through platforms like Lido Finance and Rocket Pool
- Fiat Purchases – Buy crypto directly with fiat currency through third-party services
- dApp Browser – Seamlessly access Web3 dApps like Uniswap, OpenSea and countless others
MetaMask Token – $MASK
In March 2022, MetaMask confirmed they will be launching a token called $MASK according to ConsenSys CEO Joe Lubin. However, no official launch date has been set yet.
Is a MetaMask Airdrop Confirmed?
While $MASK is confirmed, an airdrop has not been officially announced, according to MetaMask. However, many speculate there will be a major airdrop based on a few reasons:
- In 2020, Trust Wallet distributed $35M worth of tokens via airdrop to users
- ConsenSys is well-funded, having raised over $700 million
- Loyal users are trying to qualify just in case
If launched, it could be one of the largest token distributions of 2023/2024.
How to Qualify for the Possible MetaMask Airdrop
While unconfirmed, you can complete various tasks to maximize your eligibility:
1. Use the Swap Feature Extensively
- Swap various ERC20 tokens directly in your MetaMask Wallet App.
- Try to conduct swaps across multiple days and weeks.
- Spread transactions across networks like Ethereum, BNB Chain, Polygon etc.
2. Bridge Assets Across Blockchains
- Use MetaMask’s built-in bridge to transfer tokens between various networks.
- Bridging between Ethereum, BNB Chain, Polygon and Arbitrum for example.
3. Stake Cryptocurrencies
- Stake assets like ETH through MetaMask’s integration with platforms like Lido and Rocket Pool
- Try staking repeatedly over multiple weeks/months vs just once
4. Purchase Crypto with Fiat
- Buy crypto directly in MetaMask using 3rd party fiat on-ramps to demonstrate active usage
- Make occasional small buys instead of one large purchase
- Spread buys across multiple payment methods if possible
5. Connect to dApps
- Connect wallet to top Ethereum dApps like Uniswap, Aave, Lido etc
- Conduct transactions like swapping tokens and adding liquidity
- Use diverse dApps across DeFi, NFTs, gaming etc
6. Donate Through Gitcoin
- Donate small amounts to MetaMask’s Gitcoin grant page
- Also tip other grants that utilize MetaMask
And more tips:
- Track your stats related to transactions, volume, and other eligibility factors using Dune Analytics
- Consistently use MetaMask wallet every month if possible
- Leverage multiple wallets across different seed phrases/private keys
- Make transactions when gas fees are lower (nights & weekends)
Conclusion
The MetaMask airdrop is not guaranteed, but based on actions of similar wallets, speculation is high. Use this guide to give yourself the best shot at qualifying if MetaMask does airdrop their tokens.
FAQs
Is the MetaMask airdrop 100% confirmed?
No, MetaMask has not officially confirmed there will be a token airdrop. It’s only speculation at this point.
How many $MASK tokens would I get if there is an airdrop?
There are no details on airdrop distribution amounts yet since nothing is confirmed. Most airdrops distribute tokens based on factors like usage and transactions.
Can I qualify for the airdrop if I just hold crypto on MetaMask?
Probably not. Most projects require active usage like transactions, swapping, dApp connectivity, etc. Simply holding crypto without using the wallet on-chain likely won’t be enough.
