Introduction to Shardeum
Shardeum is an EVM-based Layer 1 (L1) blockchain platform that leverages dynamic state sharding to achieve linear scalability while maintaining atomic composability across shards. This unique architecture ensures that the network can increase its transactions per second (TPS) capacity with each new validator added, thereby retaining low fees indefinitely.
Scalability and Decentralization
One of Shardeum’s most compelling features is its ability to provide the highest throughput capacity among EVM-based L1 blockchains without compromising decentralization. The platform allows developers to deploy and interact with Solidity or Vyper contracts seamlessly, as these contracts are automatically deployed to unique shards while retaining atomic composability.
Funding and Token Launch
Shardeum has raised a total of $23.6 million in funding from various investors. The platform has also announced the launch of its own token, “SHM,” and plans to airdrop 3,296,500 SHM tokens to participants of its incentivized campaign.
Participate in the Incentivized Campaign
The incentivized campaign Season 2 is now live, enabling users to earn XP by completing simple tasks. Here’s a step-by-step guide:
- Visit the Shardeum testnet campaign page.
- Connect your wallet and change the network to Shardeum Atomium testnet.
- Complete the Stage 2 quests to earn XPs. Enter “airdropsio” in the friend’s code field for the Stage 2 Level 1 quest.
- Complete more quests in Stage 2, which has a total of four levels, to earn more XPs.
- Click on “Validator Quest” and complete the validator task to earn additional XPs. You will need testnet SHM for on-chain quests, which can be obtained from their Discord channel.
- Refer friends to earn up to 50 XP for each referral.
Users who collect XPs will receive an SHM airdrop once the token goes live. For more detailed information, you can read the comprehensive guide provided by Shardeum.
Conclusion
Shardeum is pushing the boundaries of what is possible with EVM-based L1 blockchains through its innovative approach to scalability and decentralization. Its incentivized campaign provides a unique opportunity for early adopters to participate and benefit from the upcoming SHM token launch.