OneBalance is shaping up to be a significant player in the cross-chain infrastructure space, and early users have a chance to get potential rewards. This framework for creating and managing accounts across multiple chains recently raised $25M from prominent investors including Blockchain Capital and Mirana Ventures.
What is OneBalance?
OneBalance is a unified liquidity and UX layer that allows you to hold a single balance and use it across multiple chains including Bitcoin, Ethereum, Layer 2s, and soon, Solana. The key innovation is that it eliminates the need for bridges and handles gas fees automatically, creating a seamless "click and go" experience.
Why OneBalance Matters
The project addresses one of the biggest pain points in the crypto space: fragmented liquidity across different blockchains. By creating a unified account system, users can interact with multiple chains without the typical complexities.
Impressive Backing
OneBalance has raised $25M in total funding from an impressive roster of investors:
Blockchain Capital
Bybit Mirana
L2IV
WalletConnect
Wintermute
Consensys
The team includes former members from Flashbots and Coinbase, indicating strong technical expertise in the space.
How to Position Yourself for Potential Rewards
Follow these steps to start using OneBalance and potentially qualify for future rewards:
1. Visit the OneBalance Website
Navigate to https://app.onebalance.io/account and connect your wallet.
2. Create Your Account
Set up your OneBalance account by following the on-screen instructions.
3. Choose a Network and Deposit Tokens
Select your preferred network and deposit tokens to the platform. This establishes your presence on OneBalance.
4. Swap Tokens
Navigate to the "Swap" tab and exchange tokens. This increases your activity level on the platform.
5. Build Trading Volume
Consistently use the platform to build your trading volume. Higher engagement may correlate with better positioning for potential rewards.
6. Transfer Tokens Back to Your Wallet
In the "Transfer" tab, you can send tokens back to your wallet when needed.
7. Join Discord and Provide Feedback
Join the OneBalance Discord and actively participate in discussions. Providing feedback shows your engagement with the project.
Connect with OneBalance
Website: https://app.onebalance.io
Twitter: @OneBalance_io
FAQs
Is there a confirmed airdrop for OneBalance?
No, OneBalance has not officially confirmed an airdrop. However, based on similar projects with comparable funding and structure, a token launch with an airdrop component is rumored in communities.
What chains does OneBalance currently support?
OneBalance currently supports Ethereum and various L2 networks, with Bitcoin integration and Solana support coming soon.
How much activity do I need to qualify for potential rewards?
No specific thresholds have been announced. Generally, consistent and meaningful engagement with the platform across multiple features is recommended.
Is there a deadline to start using OneBalance?
No official deadline has been announced. However, early adopters typically have advantages in potential airdrops, so starting sooner is recommended.
Do I need to keep funds on OneBalance?
You can transfer tokens back to your wallet using the "Transfer" tab. However, maintaining some activity on the platform may be beneficial for potential future rewards.
