SafePal and 1inch to Give Away Hardware Wallets to Boost DeFi Security
Main Idea
SafePal and 1inch are collaborating to distribute 300 limited-edition hardware wallets to DeFi users who utilize 1inch within SafePal's mobile wallet swap aggregator, aiming to enhance DeFi security and user engagement.
Key Points
1. SafePal and 1inch are partnering to give away 300 co-branded hardware wallets to users who interact with 1inch via SafePal's mobile wallet swap aggregator.
2. The initiative targets DeFi-native users, focusing on long-term engagement rather than short-term incentives like traditional airdrops.
3. SafePal CEO Veronica Wong emphasized that such 'walletdrops' favor genuine DeFi users and improve asset management security.
4. The campaign aligns with SafePal's ongoing product expansion, including recent integrations and the introduction of SafePal Mini, a Telegram-based liquidity solution.
5. The effort underscores the importance of user-owned asset management as DeFi continues to scale.
Description
Crypto wallet provider SafePal and decentralized exchange (DEX) aggregator 1inch announced a free hardware wallet giveaway to reward active decentralized finance (DeFi) users while sidestepping the common pitfalls of token airdrops. The program will distribute 300 limited-edition, co-branded hardware wallets to participants who use 1inch within SafePal’s mobile wallet swap aggregator, the companies said Monday. Unlike conventional airdrops — often gamed by automated bots and opportunistic users ...
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