Tide Airdrop Guide On Sui
AI Overview
What’s This?
An artificial intelligence tool created this summary, which was based on the text of the article and checked by an editor. Read more about how we use artificial intelligence in our journalism.Tide is a Sui protocol that funds projects through revenue-sharing and staking rewards.
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The platform is running an incentivized testnet that may lead to a future token airdrop.
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Users earn points by backing projects, trading NFTs, and borrowing against collateral.
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Because it runs on testnet, the campaign can currently be farmed for free.
The Sui blockchain was once described as a potential “Solana killer,” but the network has gradually evolved into something different.
Rather than competing directly with other high-performance chains,Sui has become a growing hub for Web3 gaming, ecosystem incentives, and airdrop campaigns. Several projects launching on the network have already distributed meaningful rewards to early users.
One of the latest protocols attracting attention is Tide, a project focused on funding and revenue-sharing mechanisms for new applications on Sui.
What Is Tide?
Tide is a capital formation and funding protocol built on the Sui blockchain.
The platform allows users to support new projects launching on Sui by providing capital through on-chain smart contracts. In return, supporters receive SupporterPass NFTs, which represent their financial participation in a project.
These NFTs function as proof of funding and provide access to potential rewards generated by the project.
Tide aims to generate returns for users in two ways:
- Native Sui staking rewards while capital is locked
- Revenue sharing from funded projects
SupporterPass NFTs can also be used as collateral, allowing users to borrow against their positions and improve capital efficiency.
One early example is the Faith Expansion Fund, a prediction-style game project on Sui that raised over 350% of its target funding goal with nearly 20,000 backers.
Is the Tide Airdrop Confirmed?
While a token airdrop has not been officially announced, Tide has launched an incentivized testnet campaign, which is widely considered a precursor to a future token distribution.
Testnet participants earn points and leaderboard rankings based on their activity within the protocol.
These types of reward systems frequently lead to token allocations once a project launches its token.
Because the campaign runs on testnet, participation is free and requires no real funds.
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How to Farm the Tide Airdrop (Step-by-Step)
The Tide airdrop can currently be farmed through its incentivized testnet.
Step 1: Set Up a Sui Wallet
You will need a compatible Sui wallet.
Common options include:
- Nightly Wallet
- Martian Wallet
- Slush Wallet
After installing a wallet, switch to the Sui testnet.
Step 2: Claim Testnet Tokens
Request testnet SUI from the faucet.
These tokens are used to interact with the Tide protocol and complete tasks required for the reward campaign.
Step 3: Deposit Test SUI Into Tide
Visit the Tide testnet platform and connect your wallet.
Deposit test SUI into the protocol to begin interacting with its funding mechanisms.
Step 4: Back Projects
Backing projects is one of the core activities.
When you support a project, you receive a SupporterPass NFT, which represents your participation in the funding pool.
Step 5: Trade SupporterPass NFTs
Users can also:
- Buy SupporterPass NFTs
- Sell them on the marketplace
- Interact with the trading interface
Trading activity contributes to point accumulation.
Step 6: Borrow Against Your Position
SupporterPass NFTs can be used as collateral.
Users can:
- Borrow test SUI
- Repay loans
- Interact with the lending mechanics
These activities increase protocol engagement and help accumulate points.
Step 7: Climb the Leaderboard
The platform tracks participation through a points leaderboard.
Higher rankings generally indicate stronger engagement and may improve eligibility for future rewards.
Users may also unlock tiers and badges as they interact with the protocol.
Possible Token Utility
Although a token has not been confirmed, Tide’s structure suggests several likely use cases for a future $TIDE token.
Possible utilities include:
- Staking rewards
- Revenue sharing
- Governance participation
- Fee discounts within the protocol
- Incentives for ecosystem participation
These utilities would align with Tide’s focus on funding and capital efficiency.
Team and Backing
Limited information about the project’s team and funding has been publicly disclosed.
However, the project has attracted attention within the Sui ecosystem. Notably, Eman Abio, co-founder of Mysten Labs, follows the project, which has helped increase visibility among Sui community members.
Roadmap and Future Development
Tide has not published a detailed roadmap yet.
However, the project’s current focus appears to be onboarding users through its incentivized testnet campaign.
Typical next steps for similar projects include:
- Expanding testnet participation
- Launching the mainnet protocol
- Introducing token incentives and governance mechanisms
Verdict
Tide represents a new type of protocol within the Sui ecosystem that combines project funding, revenue sharing, and DeFi-style capital efficiency.
Because the platform is still early and the current campaign operates on testnet, it may offer an accessible opportunity for users interested in exploring the Sui ecosystem while positioning for potential future rewards.
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