The more airdrops the better, the implementation of receiving Lum Network airdrops

In Matt City, the most popular introductions to virtual currency airdrops are LikeCoin and Desmos, and there are also Bitsong and Chihuahua. Everyone should be more and more familiar with the operation and practice of airdrops.

Lao Mao recently saw a Cosmos system called Lum Network for commercial credit and online shopping-related blockchains are also doing airdrops. The airdrop targets are ATOM delegators and OSMO liquidity providers. As long as 5 ATOMs are delegated to validators on September 29, 2021 and more than 30 OSMOs are bound and invested to provide liquidity to the liquidity pool containing OSMO (Bonded Liquid Provider) is eligible. You can fill in the ATOM and OSMO wallet addresses on the airdrop inquiry page of Lum Network to check the airdrop income.

To get the airdrop, you need to do two tasks, one is to delegate and the other is to vote. You can go to Lum's wallet page to connect your wallet (the wallet on the Cosmos tether, that is, the wallet used for LikeCoin, ATOM, Desmos or OSMO, such as Keplr wallet, Ledger cold wallet are all supported), you can see the main watch after connecting. Edition (Dashboard). The main dashboard will display the amount of airdrops you can get and the completion of the mission. In addition, the team is very kind and will give you a Lum coin first, which is convenient for operation and payment of gas fee (thanks 👍🏻).

At the time of writing, there are no proposals to vote on, so you can delegate first and take half of the airdrop first. Staking is the third option on the top menu. To unlock the airdrop for the delegation part, you need to do two delegations. The first delegation can release the airdrop of the delegation part. The old cat suggests that you can delegate 0.1 to the validator first ( Oldcat is also one of them, the commission is 0%, you can find Oldcat and choose Delegate). As a reminder, do not entrust too much before making the first entrustment (0.1 is enough for the experiment), because you only have one Lum coin, and if you entrust too much, there is a risk that you will not have the money to pay the gas fee to complete the airdrop. After successfully delegating 0.1 to the validator, you will see the Vesting Tokens panel (grey) which will display the amount of released Lum. At this point, a second delegation is required, and the number of Vesting Tokens is delegated to the validator, and your airdrop will be safe.

Voting is the Governance section, the fifth and last of the top options. I believe it is the same as voting on LikeCoin Chain (of course the layout is different). When there is a vote, the old cat will remind you again.

The period of this airdrop is 6 months from September 29, 2021, and the released but not delegated coins need to be delegated within 2 years, otherwise your airdrop income will be lost.

In addition to being a Lum Network verifier, Lao Mao is also a verifier of multiple chains (including all the chains mentioned in this article). You are welcome to entrust, thank you in advance.

References:

About Lum Network:

https://medium.com/lum-network/lum-network-official-launch-4acc3e07d635

Airdrop inquiry page:

https://airdrop.lum.network/

Lum Network empty investment materials:

https://medium.com/lum-network/lum-airdrop-for-atom-stakers-osmo-lps-120d3e472f38