DOT is $DED is a memecoin on Polkadot ($DOT) and is very popular amongst the Polkadot community. The team have confirmed that 100% of the token supply will be airdropped and the snapshot has not been taken yet! Here’s our DOT is $DED token airdrop guide.
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What is DOT is $DED?
DOT is $DED is a memecoin in the Polkadot ecosystem. According to the team, the goal of the project is to drive growth in the Polkadot ecosystem through onboarding new users, bringing in new liquidity and attracting new attention from the crypto community.
DOT is $DED is created by a team of Polkadot natives and $DOT token holders.
How to get the DOT is $DED token airdrop
Here’s how to get the DOT is $DED token airdrop.
Get a Polkadot wallet
To get the airdrop, you will need a Polkadot wallet such as SubWallet, Talisman, Enkrypt or Polkadot.js. We use SubWallet which is a Chrome extension that can be downloaded here.
SubWallet is also a good choice because we can use it to stake Manta tokens for ecosystem airdrops. Check out our Manta token staking guide here.
Fund your wallet with Polkadot ($DOT) tokens
DOT is $DED will airdrop $DED tokens to any Polkadot $DOT token holders, including $DOT held on centralized exchanges. HOWEVER, the team have warned that it does not mean that the centralized exchanges would give $DED to their users.
Therefore, you should move your Polkadot into your SubWallet to get the airdrop or buy Polkadot ($DOT) tokens from centralized exchanges such as Bybit, Binance or KuCoin exchange.
Sign up for a Bybit account here!
BONUS: Stake $DOT on Polkadot
Staking $DOT tokens on Polkadot means you will be nominating a validator. However, there are requirements for becoming a nominator on Polkadot. To become a nominator on Polkadot, you will need 250 $DOT to run a nomination pool and maintain a 100% uptime.
Join a nomination pool
Alternatively, you can join a nomination pool with only 1 $DOT! To join a nomination pool, connect your wallet to https://staking.polkadot.network/?utm_source=polkadot.network#/pools, go to “All Pools” and choose a nomination pool to stake your Polkadot. However, you can only bond your $DOT tokens to one pool at a time, and it will take 28 days to unbond your tokens from the pool.
To decide which Polkadot pool to stake your $DOT, we looked at https://polkadot.subscan.io/nomination_pool. In particular, we look at the “Reward Pool” and “Members” columns. We would look for pools that have higher Reward Pool but fewer Members. However, avoid the pools with “Destroying” or “Destroyed” as its status.
Mint Deadmine NFT badge
To mint the Deadmine NFT badge, go to https://ded.games/play/dedmine and play the Deadmine game.