SAKE Airdrop Guide: How to Earn SakePerp Trading Points and Prepare for SakeToken Distribution

If you're trading perpetual contracts on SakePerp or lending assets on Sake Finance, you might already be earning something valuable without realizing it: SAKE Points. These aren't just badges or virtual trophies-they’re your ticket to a future airdrop of SAKE tokens, the governance token powering the entire Sake ecosystem. And unlike many airdrops that reward only early adopters or big wallets, this one is open to anyone who actively uses the platform. The clock is ticking, and the points you earn today could be worth far more tomorrow.

What Is the SAKE Airdrop?

The SAKE airdrop isn’t a single event-it’s a long-running, points-based reward system tied to real activity on three interconnected DeFi platforms: SakePerp (perpetual futures), SakeSwap (spot trading), and Sake Finance (lending and borrowing). The goal? To reward users who help grow the network by trading, providing liquidity, or lending assets. The more you use these platforms, the more Sake Points you earn. When the SAKE token officially launches, those points will be converted into actual tokens, distributed based on your total accumulation.

No one knows exactly how many SAKE tokens will be distributed or what the final conversion rate will be. But the structure is clear: participation = reward. This isn’t a lottery. It’s a merit system.

How to Earn Sake Points

You earn Sake Points by doing real things on the Sake ecosystem. There’s no guessing. Here’s exactly what works:

• Supply assets as collateral on Sake Finance: Deposit ETH, WETH, ASTR, or USDC.e. Each asset earns different point multipliers based on its risk and usage. The more you supply, the more points you get.
• Borrow assets: Taking out a loan isn’t just a financial move-it’s a point multiplier. Borrowing increases your activity score and boosts your total points.
• Keep your position healthy: Your Health Factor must stay above 1.0. If it drops below that, your position is at risk of liquidation-and you stop earning points until you fix it.
• Provide liquidity on SakeSwap: Add tokens to AMM pools for ILOs (Initial Liquidity Offerings). You earn 3% of all liquidity withdrawal fees, and those fees are used to buy back and burn SAKE tokens, which benefits all future holders.
• Join community quests: Complete tasks on Layer3, a platform that tracks on-chain activity. Tasks include connecting your wallet, verifying social accounts, or completing simple challenges.
• Follow and engage: Follow @SakeFinance on Twitter and join their Discord server. You must claim the "Sipper" role in Discord to qualify for bonus points.

There’s no cap on how many points you can earn. You can earn them every day, every week, as long as you’re active. Even small, consistent actions add up over time.

How to Connect Your Wallet and Start Earning

Getting started is simple, but you need to do it right.

1. Open your Web3 wallet-MetaMask or WalletConnect are the most common.
2. Go to the Sake Finance Rewards page.
3. Click "Connect Wallet" and approve the connection.
4. Sign the confirmation message (this proves you own the wallet).
5. Visit the Sake Finance Twitter account and follow them. Then, go to the rewards page and click "Verify Twitter" to link your account.
6. Join the official Sake Finance Discord server. Once you’re in, claim the "Sipper" role in the #roles channel.
7. Go to Layer3 (layer3.xyz) and connect your wallet there. Complete any active Sake Finance quests.
8. Bridge assets to the Soneium network. Use Rhino Bridge to move ETH, USDC.e, or other assets from Ethereum or BSC. Make sure you have enough native Soneium gas tokens (like ETH) to cover transaction fees.
9. Start supplying, borrowing, or trading. Your points will update in real time on the Rewards page.

Don’t skip the Discord and Twitter steps. Many users miss them and lose out on hundreds of points they could’ve earned in minutes.

What Assets Can You Use?

Sake Finance supports several assets for lending and borrowing:

• ETH and WETH - Highest collateral factor, best for large positions.
• USDC.e - Stablecoin, low risk, ideal for beginners.
• ASTR - Astar Network token, offers higher APY but higher volatility.

Each asset has a different collateral factor (how much you can borrow against it) and APY (earnings rate). For example, USDC.e might give you 4% APY and a 90% collateral factor, while ASTR might give 12% APY but only 70% collateral factor. Higher APY doesn’t always mean higher points-stability matters too.

Always check the current rates on the Sake Finance dashboard before depositing. They change based on demand and market conditions.

What Is SakePerp’s Role in the Airdrop?

SakePerp is the original platform that started the SAKE ecosystem. It’s a perpetual futures exchange that trades pairs like BTC/BUSD, ETH/BUSD, and DOGE/BUSD. Unlike other perpetual platforms, it doesn’t use funding rates. Instead, it uses a vAMM (virtual AMM) paired with an oracle to keep prices accurate.

Here’s the key: every trade on SakePerp generates fees. Half of those fees go toward buying back and burning SAKE tokens. That means the more you trade, the more value you help create for the token. While trading on SakePerp doesn’t directly earn Sake Points, it strengthens the entire ecosystem. And when SAKE tokens launch, holders of the token will benefit from this buyback mechanism.

So even if you’re not lending on Sake Finance, trading on SakePerp makes you a stakeholder. And if you do both? You’re positioned to earn from multiple reward streams.

What Happens When SAKE Token Launches?

No one knows the exact date. The team hasn’t announced it. But here’s what you can expect:

• Your Sake Points will be locked and counted.
• A snapshot will be taken of all active wallets.
• Points will be converted to SAKE tokens using a formula only the team knows.
• Tokens will be distributed to your wallet automatically.
• SAKE will become a governance token-you’ll be able to vote on protocol upgrades, fee structures, and new asset listings.

There’s no guarantee on token value. But the design is intentional: the more you contributed, the more you’ll receive. Early, consistent users will get the biggest share.

Common Mistakes to Avoid

Many users miss out because they make simple errors:

• Not connecting Discord - You lose bonus points.
• Not verifying Twitter - Your account won’t qualify.
• Letting your Health Factor drop below 1 - You stop earning points until you fix it.
• Using the wrong network - Don’t deposit ETH on Ethereum mainnet. You must use Soneium.
• Not bridging assets - If your ETH is on Ethereum, it won’t work on Sake Finance.
• Waiting until the last minute - Points accumulate over time. The longer you wait, the fewer you’ll have.

Set a reminder. Check your Sake Points dashboard every week. Even 10 minutes a week can make a difference.

Is This Airdrop Worth Your Time?

Yes-if you’re already trading or lending in DeFi. The Sake ecosystem is one of the few platforms that rewards real, ongoing activity instead of one-time actions like joining a Telegram group. You’re not just waiting for a free token. You’re building something valuable.

If you’re new to DeFi, start small. Deposit $50 in USDC.e. Borrow $20. Trade one BTC/BUSD contract. Join Discord. Follow Twitter. That’s it. You’ve already earned points.

If you’re already active? Keep going. Every trade, every deposit, every quest completed adds up. The SAKE token might not be worth much today-but the ecosystem behind it is growing. And you’re part of it.

Where to Track Your Points

Your dashboard is your most important tool. Go to app.sake.finance/rewards while connected to your wallet. You’ll see:

• Total Sake Points earned
• Breakdown by activity (supply, borrow, liquidity, quests)
• Estimated value of your points (if provided)
• Next steps to earn more

Bookmark it. Check it weekly. If your points haven’t updated in 48 hours, double-check your wallet connection and ensure you’re on the right network.

If you’re serious about DeFi rewards, this is one of the cleanest, most transparent systems out there. No hype. No promises. Just activity = reward. Start today. Check your dashboard tomorrow. And keep going.