Venus Reward Token Airdrop is expired
The Venus Reward Token Airdrop airdrop has officially ended, marking another completed campaign in the expanding crypto rewards space. Participants who joined during the active period were able to claim N/A, distributed directly through verified smart contracts. While the claim window is now closed, this archived page remains available for reference, helping users understand how the token performed after launch and how similar airdrops might evolve in the future.
Airdrop summary
Was the airdrop real or a scam?
The Venus Reward Token Airdrop was confirmed to be real and successfully executed. Eligible users who completed the official campaign tasks received Venus Reward Token Airdrop tokens directly in their connected wallets. The claim process was verified through the project’s account and supported by multiple blockchain transaction proofs. Community feedback across Telegram and Discord remained largely positive, with no reports of phishing or distribution issues, confirming the campaign’s legitimacy.
How much did users actually receive from Venus Reward Token Airdrop?
The token value of the project was N/A. Venus Reward Token Airdrop total rewards for the airdrop was N/A
Lessons for future airdrops
The Venus Reward Token Airdrop demonstrates the importance of evaluating token utility and post-launch strategy before claiming rewards. While the campaign itself was legitimate and transparent, participants faced rapid value depreciation due to early unlock schedules and limited ecosystem adoption. Future airdrop hunters should look for projects with clear long-term token use cases, vesting mechanisms, and public liquidity plans. Tracking verified campaigns on Freecoins24 remains one of the most reliable ways to avoid low-value or high-risk drops in the market.
Analyzing expired airdrops like Venus Reward Token Airdrop provides valuable lessons for anyone exploring new campaigns. Evaluating distribution rules, vesting periods, and project transparency before claiming rewards can prevent disappointment after token listings. Freecoins24 continues to monitor both active and past airdrops to ensure the community has accurate data and trusted insights when deciding which opportunities to join next.
About Airdrop
Venus Reward Token Airdrop
Token value: 1,000 VRT to 1 XVS & 1 VENUS NFT per 10 XVS
Referral: N/A
Max. participants: NA
About:
Venus Reward Token ( VRT) is a mechanism created to become an additional mining distribution to suppliers and borrowers of Venus Protocol. The goal is to gradually lower XVS inflation rate and also include burning XVS throughout this process. Venus reward token is to make the Venus total supply lower over time to make Governance more secure. In substitution to this, it will create a lucrative APY yield in the protocol. VRT will have a total supply of 30 billion and be distributed to users over the course of 4 years while XVS distribution will double to around 8 years to compliment the reductions. All of this is subject to Governance changes and on-chain proposals.
Venus is airdropping VRT to XVS and vXVS holders. A snapshot will be taken on May 15th, 2021, at block number 7479562. Users are required to hold XVS or vXVS in a private wallet or in a supporting exchange like Binance during the snapshot. VRT distribution will be done at a ratio of 1,000 VRT per 1 XVS. XVS or vXVS holders will also receive limited edition NFTs at a ratio of 1 VENUS NFT per 10 XVS owned or the corresponding amount vXVS in their private wallet. Follow our step guide to receive your Venus Reward Token.
Step-by-step guide:
- Hold XVS or vXVS in a private wallet, supporting exchange or Binance Exchange and receive 10% off trading fees
- The mininum XVS holding required to be eligible is 0.01 XVS or the corresponding amount of vXVS in exchange like Binance during the snapshot
- The ratio of the airdrop will be 1,000 VRT to 1 XVS. This will also apply to the net amount of XVS you have supplied to the Venus Protocol and hold vXV. The corresponding ratio of 1 XVS = 50 vXVS
- All non exchange wallet will receive a limited edition of 1 VENUS NFT per 10 XVS owned (includes net XVS held as vXVS)
- The rewards distribution will begin on May 17, 2021, and will end on May 24, 2021
Note:
Relative to Binance Users
- Deposits and withdrawals for XVS tokens will be tentatively closed at 2021-05-17 03:30 (UTC). The timing will be adjusted according to the network speed.
- XVS tokens that are pending deposit or withdrawal at the time of snapshot will not count towards your XVS balances. Please ensure you leave sufficient time for deposits and withdrawals to complete prior to the snapshot.
- The snapshots will include XVS balances in Spot wallets, Margin accounts and DeFi Staking accounts. Undistributed XVS interest payments will not be included.
- XVS borrowed from Margin, or XVS transferred to Spot wallets from Margin accounts, will not count towards the airdrop threshold.
- For the trading and listing of VRT on Binance, VRT will go through the same strict listing review process as Binance does for any other coin/token. Supporting this airdrop does not guarantee the listing of VRT. Binance does not guarantee any listings as per its internal policy.
- Binance will distribute the VRT tokens after the project has completed the VRT token distribution to Binance. We will post a further announcement once the distribution to Binance users is completed.
- US persons, entities and sanctioned countries are not eligible to receive this airdrop. For more information, please refer to Binance Terms of Use.
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Requirements:
Get Airdrop⚠ Never share your private key with anyone!
⚠ Never spend money to get free tokens!
