Up to 1% Parallel Points Airdrop: Parallel X Ultiverse

Ultiverse Team
7 min readMay 11, 2024

Parallel is having an airdrop event with Ultiverse! Complete Parallel social tasks and explore Ultiverse Ulti-Pilot on Parallel to earn Parallel Points.

Duration: From 2024.05.11 1PM UTC — 2024.06.22 1PM UTC Parallel will calculate and distribute the parallel initial points within one week after the end of the event.

Parallel Point Distribution

Parallel total points = initial point + daily point + referral point + team point

Parallel points can be redeemed into Parallel tokens in the future. The more parallel points you have on the parallel mainnet, the more parallel tokens you can receive.

Participants who complete parallel on-chain tasks on Ultiverse will earn parallel initial points.

Initial Point for Ultiverse Participates

Participants who complete parallel on-chain tasks on Ultiverse will earn parallel initial points.

Please note that you can claim the initial points to your wallet address and check it on the parallel dashboard after the end of the event, so you will need to first complete the parallel social tasks and connect your wallet.

You can also earn Parallel team points and referral points by inviting friends and building up your team.

Parallel will distribute the initial points to three types of Ultiverse participants:

  1. Users who complete Parallel on-chain interactive tasks through the Ultiverse platform
  2. Ecological core members who contribute to Parallel through the Ultiverse platform

Parallel will calculate and distribute the points within one week after the event. Points will be based on the number of parallel on-chain transaction times you performed through Ultiverse during the event. The specific calculation rules will be announced after the event.

Besides initial points, you can also earn parallel points in the following ways:

  1. Daily Point: Parallel calculates your daily points based on your assets amount and the holding period on Parallel. The more assets you have on the Parallel Network, the more daily points you will receive every day. The daily points will be accumulated and updated daily into your total points on the Parallel dashboard. You can use the parallel bridge to cross your assets into parallel and earn parallel daily points

Please note that there is a 2X multiplier on daily points for rsETH and pt-rsETH holders on Parallel.

  1. Referral Point: The more people you invite, the higher points you get. You can earn 20% of the points from your invitee and 10% of the points from their invitee. For example, if A invites B, A can earn 20% of B’s points. If B then invites C, A can earn 10% of C’s points, and B can earn 20% of C’s points. To earn the referral points, you need to first complete the social tasks on Parallel. Please follow the user guide below for specific steps.
  2. Team Point: Build up your team.
  • When your team reaches maximum capacity (100 members), you will receive an additional 30% of your personal points. For example, if your team is full with 100 members and you have 1000 points now, you will receive an additional 30% which is 300 points, making your total points 1300.
  • When the team you join reaches maximum capacity, you will receive an additional 15% of your points. For example, if the team you joined is full with 100 members and you have 1000 points now, you will receive an additional 15% which is 150 points, making your total points 1150.
  • Team points are accumulated daily. If your team remains full every day, you will receive an extra 30% bonus on your points each day. Similarly, if the team you are in remains full every day, you will receive an extra 15% bonus on your points each day.
  • To earn the team points, you need to first complete the social tasks on Parallel. Please follow the user guide below for specific steps.

Parallel X Ultiverse Campaign Prize Pool

Up to 1% of parallel total tokens. Tokens will be distributed based on the points of all users.

How to Participate: Connect to the Parallel Mainnet

To connect to the Parallel Mainnet, you’ll need to add a new network with the following details:

You can find the parallel configuration information here: https://docs.parallel.fi/parallel-network/network-info/mainnet

1. Choose “Add network” in your metamask wallet

2. Fill the configuration information of parallel mainnet

How to Participate: Complete parallel social tasks

Please note that the Parallel points will be distributed to your wallet address on the Parallel dashboard, so you need to first complete the Parallel social tasks and connect your metamask wallet.

You can also earn Parallel team points and referral points by inviting friends and building up your team.

1. Enter the Parallel website, and connect with the Parallel network.

2. Click “Apps”, and enter the “Airdrop” page

3. Enter the invitation code to join a team, and complete social tasks. You can find the invitation codes in parallel Discord and Twitter.

4. Now you can check your points on your dashboard, the points will be calculated and distributed within one week after the end of the event.

Ulti-Pilot Guide for Parallel

1. Go to Ultiverse Ulti-Pilot Page. Click on the icon on the top right and select ‘Parallel’, click ‘Connect Wallet’ and then use the wallet to sign in.

2. Click [Create your agent now], create your username, and start creating your agent. *Note: You only have one chance to edit your username. Then click [Continue] and follow the prompt in your wallet to mint your agent.

3. Upon successful transaction, you will see the window below. Click [close] to continue.

4. You will be directed to the “Explore” page, for first-time users, click [Next] to go through the game guide. Then click on [Explore] and follow the prompt in the wallet to complete the exploration.

Parallel Bridge User Guide

1. Enter the Parallel website, and connect with the Parallel network.

2. Click the “APP” icon on the top right corner. Click “Bridge” to enter the parallel bridge page.

3. Select your cross-chain network and assets, input the asset amount, and click “Bridge”.

4. Authorize the wallet and confirm the transaction signature. You can click “Next” directly, or manually change the amount to your cross-chain asset value.

5. You can check the cross-chain status of your assets in the “Activity”

About Parallel Bridge

Parallel Bridge is a native cross-chain bridge launched by Parallel Network. Currently, in addition to supporting common assets such as ETH, USDC, USDT, and DAI, it also supports dozens of LST and LRT assets such as wstETH, rETH, and swETH. Parallel Bridge adopts LayerZero‘s underlying technology architecture, supported by Animoca and Blockdaemon, to ensure the most secure and efficient cross-chain asset experience for users.

About Parallel

Parallel, short for Parallel Network, is the first fully licensed Layer 2 solution built on EigenLayer and Arbitrum. It aggregates liquidity from any chain onto one platform, enabling true cross-chain DeFi applications. Users can achieve instant liquidity across any chain with just one account. Parallel Network offers an eight-tier yield structure, supporting over 20 blockchain networks, encompassing more than 50 ERC-20 standard assets and 30 top-tier NFT assets.

Join Parallel Community

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Ultiverse Team

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