Tulpea, a decentralized banking protocol on the MegaETH network, confirmed the launch of its TULIP token airdrop, introducing a loyalty program with 2 distinct tracks for earning rewards.
According to details released by the project, the "Season 1" campaign is now live, allowing users to accumulate points that will be converted into TULIP tokens at a future token generation event (TGE). The date for the TGE has not yet been announced.
The program is structured around two parallel earning methods: users can deposit USDT into the protocol's "Bulbs vault" to earn TULIP Bulbs, or complete tasks in the "Golden Key" campaign on Galxe to earn TULIP Points. Early participants in the vault receive a 5x multiplier on their earned Bulbs, an incentive designed to reward speed. Additional bonuses are available for wallets that participated in the MegaETH ICO (+5 percent) or hold a Badbunnz NFT (+5 percent).
The key to maximizing allocation is acting before the protocol's real estate credit vault is fully subscribed, as the 5x multiplier on TULIP Bulbs only applies while the vault is filling. This first-mover advantage heavily outweighs the size of later deposits. Combining vault deposits with the Galxe campaign is necessary to secure a full potential allocation.
How to Participate
To earn TULIP rewards, users must connect an EVM-compatible wallet to the Tulpea application on the MegaETH network and deposit USDT. The primary methods for earning are:
- Vault Deposits: Deposit USDT into the Tulpea Bulbs vault to accrue TULIP Bulbs, benefiting from the 5x multiplier while capacity is available.
- Galxe Campaign: Complete quests on the Golden Key Galxe campaign to earn TULIP Points.
- Referrals: Share a unique referral link to earn a 10 percent bonus on TULIP Bulbs earned by referees, who in turn receive a 5 percent bonus.
About Tulpea
Tulpea is a decentralized banking protocol that aims to merge traditional finance and real-world assets with DeFi infrastructure. Its first product is a structured credit vault that issues debt against tokenized real estate, with the inaugural deal backing the Genesis Villa in Bali.
This article is for informational purposes only and does not constitute investment advice.
