How to Claim the SAKE Airdrop for SakePerp Traders - Full Details

If you’ve been trading on SakePerp the perpetual contract platform that uses a virtual AMM and oracle price feeds, the SAKE airdrop is the biggest incentive you can still capture. Below is a step‑by‑step guide, the economics behind the reward, and tips to maximize your Sake Points the points‑based metric that decides how many tokens each user receives.

What the SAKE token ecosystem looks like

The SAKE token the governance token that powers both spot and futures markets in the Sake ecosystem sits at the centre of three main products:

• SakePerp perpetual futures platform
• SakeSwap an AMM DEX that also runs Initial Liquidity Offerings (ILOs)
• Sake Finance the lending‑borrowing protocol built on the Soneium network

All three feed into the same reward pool: half of every transaction fee on SakePerp is used for SAKE buybacks, while SakeSwap fees are partially burned and partially sent to the SakeBar the staking contract where users lock SAKE for voting power. The buy‑back and burn model creates a steady upward pressure on token price, which is why the airdrop is seen as a “free‑mint” of future upside.

How the Sake Points system works

Unlike a simple snapshot airdrop, the Sake Points are earned retroactively for any on‑chain activity within Sake Finance. The main sources are:

1. Supplying assets as collateral (ETH, WETH, ASTR, USDC.e).
2. Borrowing against that collateral.
3. Completing community quests on Layer3 a gamified task platform that rewards wallet‑linked actions.
4. Joining the Discord server and earning the "Sipper" role.
5. Following SakeFinance on Twitter and linking the account.

Each action has a weight. Supplying BTC‑equivalent value earns roughly 0.5 points per $1, borrowing costs you -0.3 points (to discourage reckless leverage), and a completed Layer3 quest adds a flat 25 points.

Step‑by‑step: Claiming the airdrop

Follow these instructions with a Web3‑compatible wallet (MetaMask is the most common). The process is the same whether you are on desktop or mobile.

Once you’ve completed the checklist, the system will automatically calculate your final point total. When the distribution round opens (the exact date is still TBD), you’ll receive SAKE tokens proportional to your points relative to the total pool.

Tips to boost your point total

• Stay diversified. Supplying a mix of ETH and ASTR generates more points than a single asset because each carries a separate weight.
• Keep the health factor high. A safety margin of 1.5 reduces the risk of liquidation and avoids a points penalty.
• Repeat quests. Layer3 releases new tasks weekly; each completed task adds a flat 25 points.
• Provide liquidity on partner protocols. Some SakeSwap partner farms reward extra Sake Points for cross‑protocol LP tokens.
• Engage in community events. AMA sessions, tweet contests, and Discord “Sipper” challenges often hand out bonus points.

Understanding the economics of the reward

The total SAKE allocation for the airdrop is not publicly disclosed, but the protocol’s documentation hints at a “dynamic pool” that scales with total points earned. In practice, this means:

• If 1 million points are earned overall and the pool is set at 10 million SAKE, each point equals 10 SAKE.
• If participation spikes and points rise to 2 million, the per‑point share drops to 5 SAKE, keeping the overall token supply constant.

The model encourages long‑term, multi‑product involvement rather than a one‑off deposit.

Common pitfalls and how to avoid them

• Insufficient gas on Soneium. The network uses native SONE for fees; always keep a small reserve of SONE in your wallet.
• Health factor below 1. Liquidations not only wipe your collateral but also reset your points to zero for that position.
• Missing social verification. The airdrop contract checks the Discord role flag; forgetting this step disqualifies you.
• Using unsupported assets. Only ETH, WETH, ASTR, and USDC.e count - other tokens are ignored in the points calculation.

Tracking your progress and future steps

After you’ve earned points, the Sake Finance Rewards Program the dashboard where you view your accumulated points and pending airdrop shows a live graph. Keep an eye on announcements in the official Discord; the team typically posts a tentative distribution window 2‑3 weeks before the actual token drop.

When the SAKE tokens land in your wallet, consider staking them in the SakeBar to earn a share of future fee buy‑backs. This creates a compounding loop: the more SAKE you hold, the larger your voting power and the bigger your share of the next round of buy‑backs.

Bottom line: the SAKE airdrop rewards users who stay active across the entire Sake ecosystem. By supplying collateral, completing Layer3 quests, and engaging on Discord, you can lock in a sizable chunk of future governance tokens. Follow the checklist, keep your health factor healthy, and you’ll be ready when the distribution goes live.