Airdrop Guide
BlockStreet is a liquidity infrastructure platform engineered to unify fragmented markets for tokenized real-world assets like equities and bonds. Operating as a foundational layer rather than a traditional decentralized exchange, it links issuers, applications, and liquidity providers across multiple blockchain ecosystems via single-API access and institutional-grade settlement infrastructure. To support its development, BlockStreet raised $11.5 million in a funding round led by Hack VC. The project is scheduled to launch on the Monad network in Q4 2025 and is currently hosting an official incentive campaign through its Monad testnet, allowing users to earn BSD (BlockStreet Dollar) rewards by testing core functionalities at zero cost.
How to Participate in the Block Street Airdrop
To establish a sustained participation footprint on the Block Street testnet, you can engage with the platform's features by executing the following procedural steps:
- Acquire Testnet Gas: Visit the official Monad faucet, connect your Web3 wallet, and request test MON tokens to fund your initial transactions.
- Connect to the Dashboard: Navigate to the BlockStreet Dashboard, connect your Web3 wallet (such as MetaMask or WalletConnect), and switch your network to the Monad Testnet when prompted.
- Execute a Base Swap: Head to the swap interface and exchange a portion of your test MON tokens for BSD (BlockStreet Dollar). Please verify the token approval amount; authorize only the specific amount required for the transaction.
- Trade Tokenized Equities: Use your accumulated BSD to swap for tokenized stocks, including AAPL (Apple), TSLA (Tesla), and NVDA (Nvidia). Execute multiple swaps over separate days to build up your on-chain activity score.
- Provide Liquidity: Locate the supply section on the dashboard, select the tokens or tokenized stocks from your wallet, and confirm the supply transaction to begin earning rewards on your collateral.
- Borrow Assets: Utilizing your supplied assets as collateral, proceed to the borrow section. Select your desired asset to borrow while carefully monitoring your collateral ratio to ensure it remains healthy.
- Maintain Daily Engagement: Visit the platform regularly to complete the daily check-in task, complete available challenges, and share your activity results on social media to accumulate bonus BSD.
- Grow Your Network: Copy your unique referral link from the dashboard and distribute it to interested users to earn additional BSD rewards for each active participant you bring to the network.
Potential Reward
There is no confirmed token or airdrop mechanism. Participants currently earn testnet BSD (BlockStreet Dollar) rewards and activity history through the testnet campaign, which may determine a potential mainnet allocation according to future snapshot criteria.
Airdrop Requirements
To qualify for potential future rewards based on the testnet campaign, participants must interact with the platform on the Monad testnet. Requirements include performing token swaps, trading tokenized stocks (such as AAPL, TSLA, and NVDA), supplying assets to the liquidity pool, borrowing assets against collateral, checking in daily to complete tasks, and optionally generating referral rewards through active invitees.
Latest Block Street Airdrop Updates
The BlockStreet testnet campaign is currently ongoing and its timeline aligns with the project's scheduled launch on Monad in Q4 2025.
Risk
The main risks associated with the Block Street campaign are minimal financial risk due to its zero-cost testnet nature, but users face smart contract risks inherent to experimental testnet deployments, potential disqualification risks if engaging in Sybil farming across multiple wallets, and the speculative risk that testnet activity or earned BSD may not ultimately guarantee a mainnet token allocation.
FAQ
When will BlockStreet launch on mainnet?
BlockStreet is scheduled to launch on the Monad network in Q4 2025, and testnet activities are anticipated to run continuously until the official mainnet deployment.
Can I use multiple wallets?
Using multiple wallets to Sybil farm the testnet may violate eligibility criteria, as most projects utilize detection mechanisms to disqualify addresses that display coordinated behavior.
What happens to my testnet BSD after mainnet launch?
Testnet BSD will likely not convert directly into mainnet tokens; instead, your total accumulated BSD and overall activity history may be used to determine your mainnet allocation based on snapshot criteria.
[Data sources: official website / source JSON / project social links]