Allo ($RWA) is a decentralized finance (DeFi) ecosystem designed to unlock liquidity and provide innovative financial solutions around Bitcoin and Real World Assets (RWAs), enabling users to stake, trade, and borrow using tokenized assets. They have ongoing Galxe quests which could lead to a potential token airdrop. Here is our Allo ($RWA) token airdrop guide.
Check out our step by step guide
What is Allo ($RWA)?
Allo ($RWA) unlocks liquidity and provides innovative financial solutions around Bitcoin and Real World Assets (RWAs) as a decentralized finance (DeFi) ecosystem. Its main features include:
Marketplace: A secure space for trading tokenized RWAs with low transaction costs.
Tokenization: Allows users to tokenize their assets, bringing real-world assets onto the blockchain for greater liquidity and accessibility.
Staking: Incentivizes users to stake their Bitcoin and earn rewards, bridging the gap between Bitcoin and the DeFi space.
Borrowing: Offers decentralized borrowing options, leveraging tokenized assets.
Directory: Enables users to explore other users and entities within the Allo ecosystem.
Rewards system: Allo has a rewards system that allows users to earn points for participation. These points can then be converted into benefits within the Allo network.
Allo is a winner of the BNB Incubation Alliance and has been accepted into the BNB MVB program. Investors of Allo include Neo Global Cpaital, Chainfund Capital, Cluster Capital, Cogitent Ventures and Morningstar Ventures.
How to get the Allo ($RWA) token airdrop?
Time needed: 20 minutes.
Here is how to get the potential Allo ($RWA) token airdrop
Connect to Galxe
Go to the Allo ($RWA) Galxe page and connect your wallet to log in.
Meet minimum requirements
To be eligible for the Galxe quest rewards, you need to satisfy the minimum requirements of either having a Galxe Score of Level 1 or hold a Galxe Passport Soul-Bound Token.
Get Allo Bull NFT
Complete the tasks to mint 1 Allo Bull NFT and earn 30 points. Tasks include following their social media accounts and having a Member role in the ALLO Discord Server.
Complete Learn and Earn quest
Complete the Learn and Earn with Allow- RWA Tokenization quest. You will need to read their blogs and answer the quiz. Here are the answers to the quiz: B (Real World Assets), C (Increased liquidity and accessibility), D (All of the above), D (All of the above), A (Real estate investment trusts (REITs)), A (Tokenization), C (Increased diversification), C (Increased accessibility).
