Connext: The points mechanism determines the Airdrop quantity, with plans to expand to 20 chains by the end of the year.

Recently, cryptocurrency projects are welcoming a new round of Airdrop season. Following the announcements of Airdrops by Cyber and Sei, the blockchain interoperability protocol Connext has also announced the launch of its native token NEXT, with 10% of the total supply allocated for Airdrops. The NEXT token will be available for claiming starting September 5, and early users will be eligible for the Airdrop.

Connext is an established blockchain project founded in 2017. According to data platforms, Connext has undergone 8 rounds of financing and has received support from several well-known investment institutions.

Over the past 6 years, Connext has repeatedly adjusted its business direction in response to changes in the market environment. Initially, Connext focused on how to purchase cryptocurrencies using credit cards. Subsequently, the team shifted its focus to Ethereum's layer 2 scaling solution—state channels. Ultimately, Connext turned its business towards the current interoperability protocol.

Max, the Growth Lead at Connext, introduced that Connext is a layer that allows all Rollups to interact and is the only cross-chain solution that does not add new trust assumptions on top of connected blockchains. It enables developers and their xApps to access smart contracts, liquidity, and data on any chain, unifying a fragmented ecosystem. With Connext, users can interact with dApps from any chain using any token without leaving the dApp interface.

Regarding the airdrop mechanism, Connext adopts a points system to determine the amount of NEXT that users can receive. This points standard takes into account the liquidity provision of stableswap and the usage of cross-chain bridges, rewarding users with the highest points for sustained and stable usage.

After the DAO launch and token release, Connext plans to expand to 20 L2 chains by the end of the year to promote the growth of the protocol and ecosystem.

Max stated that Connext is the first bridge to connect Arbitrum and Optimism in a trustless manner. Its new architecture allows for the transmission of any type of message across chains, enabling developers to create cross-chain applications.

In terms of security, Connext ensures protocol safety through multiple audits, an open bug bounty program, and a monitoring network managed and operated by multiple teams. When the monitor detects any potential malicious attempts, it can stop the connection to the specific blockchain connected to Connext.

Connext's modular universal messaging is achieved by creating a modular stack that allows for the insertion of the most secure and trust-minimized transport and validation layers. This enables Connext to transfer assets across different chains and allows developers to create cross-chain applications for any use case.

In terms of chain abstraction, Connext allows users to interact with dApps from any chain using any token, without leaving the dApp interface. This greatly improves the user experience, as users no longer need to consider the underlying blockchain technology.

xApps in the Connext ecosystem can access smart contracts, liquidity, and data on any chain. For example, Metamask integrates Connext for cross-chain swaps, Alchemix integrates Connext to create cross-chain assets, and Keep3r Network uses Connext to create trust-minimized cross-chain oracles.

For future development, Connext plans to expand to 20 L2 chains by the end of the year and support hundreds of builders who have already created revolutionary xApps. At the same time, Connext is establishing partnerships with key players in the field to drive exponential growth in the future.