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- Chain: Arbitrum
What is Ceitnot Protocol?
Ceitnot Protocol is a Collateralized Debt Position (CDP) protocol on Arbitrum. Users deposit crypto assets as collateral to mint $ceitUSD, a decentralized stablecoin. The protocol’s Peg Stability Module (PSM) enables direct swaps between $ceitUSD and other stablecoins, keeping the peg without depending on open-market arbitrage.
Ceitnot Protocol Airdrop Details
Ceitnot Protocol has confirmed a $CEITNOT token airdrop for testnet participants. A pool of 50,000 $CEITNOT tokens — equal to 3% of the total supply — is set aside for users who interact with the testnet app before the snapshot.
Key Parameters:
- Allocation: 50,000 $CEITNOT (3% of total supply)
- Distribution Method: Testnet activity and social quests
- TGE Date: TBA
- Vesting Schedule: TBA
Since the campaign runs on Arbitrum Sepolia, participation requires only testnet ETH — no real funds needed. Users earn eligibility by opening vaults, minting $ceitUSD, using the PSM, and completing social tasks.
How to Participate in the Ceitnot Protocol Airdrop
Step 1: Visit the Ceitnot Testnet App
Go to the Ceitnot website and connect your Web3 wallet — MetaMask, Rabby, or Coinbase Wallet all work.
Step 2: Mint Testnet Collateral
Click the Faucet tab inside the dApp, then click the Markets tab and open a position.
Step 3: Open a Vault and Mint $ceitUSD
Navigate to the Borrow or Engine section:
- Select your collateral asset (e.g., mock ETH)
- Deposit collateral into a vault
- Mint (borrow) $ceitUSD against it
Keep your collateral ratio well above the minimum threshold to avoid mock liquidation during testing.
Step 4: Use the Peg Stability Module (PSM)
Go to the PSM or Swap tab. Swap mock USDC or USDT into $ceitUSD and back to test the peg mechanism. This is a core protocol feature, so interacting with it likely counts toward eligibility.
Step 5: Complete Social Quests
Follow and join Ceitnot’s official channels:
Tips for Maximizing $CEITNOT Allocation
Use all core features. The vault, faucet, and PSM are distinct interactions — complete each one rather than focusing on a single action.
Keep vaults open. Maintaining an active CDP position over time may count more than a single open-and-close transaction.
Check for quests. Many testnet campaigns add bonus tasks via Zealy or Galxe. Monitor the official Telegram for announcements.
Use a consistent wallet. All testnet activity should come from one address so interactions are attributed correctly at snapshot time.
Frequently Asked Questions
When Will the $CEITNOT Airdrop Happen?
Ceitnot has not announced a TGE date yet. The testnet is live now, so participating early is the way to secure eligibility before any snapshot is taken.
Is the Ceitnot Airdrop Free to Participate?
Yes. The testnet runs on Arbitrum Sepolia and uses only free testnet tokens. No real ETH or other assets are required at any point.
How Are $CEITNOT Tokens Distributed?
The 50,000 $CEITNOT allocation (3% of supply) goes to testnet participants. Exact allocation criteria — points, tiers, or flat distribution — have not been published yet. Completing all available interactions is the safest approach.
Conclusion
Ceitnot Protocol’s confirmed testnet airdrop requires no real funds and takes under 30 minutes to complete on Arbitrum. Open a vault, mint $ceitUSD, test the PSM, and finish the social tasks — that covers every available interaction.
You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!
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Overview
- Website: ceitnot.io
- Ticker: CEITNOT
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