Concrete Hints at Airdrop With New Points Program for $1B Protocol

Edgen Crypto·Mar 17 2026, 14:15

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Key Takeaways

DeFi yield protocol Concrete has launched a multi-faceted points program, signaling a potential future token airdrop for its users. The protocol, which has already attracted over $1 billion in total value locked (TVL), allows users to earn rewards through both on-chain deposits and social engagement.

Strong Financial Backing: Concrete is supported by $17 million in total funding from prominent investors including Polychain Capital, Hashed, Tribe Capital, and YZi Labs (formerly Binance Labs).
Dual Reward System: Users can accumulate "Concrete Points" by depositing assets into yield vaults, while a parallel social campaign rewards tasks with "Bags" that will later convert to points.
Confirmed Future Token Rewards: A separate campaign with Binance Wallet explicitly offers participants a share of a $200,000 prize pool denominated in "Concrete Future Tokens," providing the clearest confirmation of a forthcoming token.

Concrete Launches Points Campaign with $1B in Assets

Concrete, a yield infrastructure protocol on Ethereum, has initiated a points program that strongly suggests a future token airdrop for early participants. The protocol has already achieved significant scale, with its institutional-grade vaults managing over $1 billion in total value locked (TVL). Concrete has raised a total of $17 million in funding, including a Series A led by Hashed and Tribe Capital and a $9.5 million strategic round led by Polychain Capital, with participation from YZi Labs (formerly Binance Labs) and VanEck.

Dual-Campaign Structure Offers Multiple Airdrop Paths

The rewards program is divided into two distinct systems. The primary method for earning rewards is by acquiring "Concrete Points" through direct capital deposits. Users who place USDT, USDC, or WETH into vaults on Ethereum, Arbitrum, or Berachain earn both a live APY on their assets and a steady stream of points proportional to the size and duration of their deposit. A secondary system, run as a social campaign on Absinthe, allows users to earn "Bags" for completing social quests, such as following team accounts on X, engaging in Discord, and referring new users. The protocol has stated these Bags will be convertible into Concrete Points at a later date, creating a pathway for non-capital-intensive participation.

Binance Wallet Campaign Confirms $200,000 in 'Future Tokens'

While the core team has not officially announced a token generation event, a parallel promotion provides the most direct evidence of an upcoming token. A campaign exclusive to Binance Wallet users offers a share of a $200,000 reward pool for those who deposit a minimum of 100 USDT into Concrete's USDT vault. The rewards are explicitly described as "Concrete Future Tokens," confirming the project's intention to launch a token and distribute it as a reward to participants. This targeted campaign provides a clear incentive for users to engage with the protocol through a specific partner wallet, further integrating Concrete within the broader crypto ecosystem.