Malda Testnet is expired
The Malda Testnet 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 Malda Testnet was confirmed to be real and successfully executed. Eligible users who completed the official campaign tasks received Malda Testnet 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 Malda Testnet?
The token value of the project was N/A. Malda Testnet total rewards for the airdrop was N/A
Lessons for future airdrops
The Malda Testnet 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 Malda Testnet 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
Malda aims to solve blockchain fragmentation by providing a unified liquidity lending protocol. While many solutions focus on point-to-point integrations, they fail to offer a general-purpose solution. These limited approaches often target proprietary smart contract endpoints. Malda stands apart by utilizing zero-knowledge proofs (ZKPs) for secure and trustless cross-chain transactions.
By employing zero-knowledge proofs, Malda enables seamless interoperability between smart contracts across different chains. This eliminates centralized bottlenecks. Unlike traditional solutions, Melda enhances liquidity and composability, offering users a smooth experience across multiple blockchains.
For end users, it abstracts away complex technicalities. It provides the same experience as traditional lending protocols on a single chain. Users can access global assets from supported chains, all with a unified interest rate. Whether choosing a specific chain for borrowing or letting the protocol handle it, users can easily optimize for gas efficiency.
In partnership with RISC Zero, Malda launched its testnet, offering participants the chance to earn rewards. The testnet has two types of tasks: open tasks and more challenging hidden tasks. Completing these tasks grants participants tiered NFTs that enhance their Malda Points.
Step-by-step guide
- Obtain test ETH tokens on the Ethereum Sepolia, Linea, and Optimism Sepolia networks.
- If you have tokens on Ethereum Sepolia, you can bridge them to the other networks.
- Request Test USDC and wstETH Tokens
- After connecting your wallet, supply USDC tokens on the three networks, then supply wstETH tokens.
- Borrow 20-40% of the tokens you supplied. Repeat this with six different tokens.
- Use the Withdraw and Repay features to complete the participation process.
- Completing tasks rewards you with NFTs that boost your Melda Points.
