How to Participate in the SAKE Airdrop: SakePerp and Sake Finance Rewards Guide

If you’ve been trading perpetual contracts or lending crypto on DeFi platforms, you might have heard about the SAKE airdrop - and you could be missing out on real value just by not taking action. Unlike many token launches that promise rewards but never deliver, SAKE is already live, active, and paying out points to users who interact with its ecosystem. This isn’t a guess. It’s a structured, points-based system backed by real trading volume, lending activity, and community engagement. And if you’re not earning Sake Points right now, you’re falling behind.

What Is SAKE and Why Does It Matter?

SAKE is the governance token behind a growing DeFi ecosystem built around three core platforms: SakePerp (perpetual futures), SakeSwap (spot trading and ILOs), and Sake Finance (lending and borrowing). It’s not just another meme coin or speculative token. SAKE powers a fully functional DeFi stack where users earn rewards for doing what they’re already doing - trading, lending, and providing liquidity.

The token was designed from the start to be earned, not bought. That’s why there’s no public sale. Instead, the team rewards early adopters with Sake Points, which will convert into SAKE tokens when the official launch happens. Think of it like airline miles - the more you fly, the more you earn. Only here, you’re flying through DeFi.

How SakePoints Work: The Airdrop Engine

The entire airdrop runs on SakePoints. These aren’t theoretical. They’re tracked in real time on the Sake Finance dashboard. Every time you interact with the protocol, you earn points. The more you do, the more you get. There’s no cap on participation, and no deadline - yet.

Here’s how you earn points:

• Supplying assets as collateral (ETH, WETH, ASTR, USDC.e)
• Borrowing against your collateral
• Completing Layer3 quests (tasks like connecting wallets or joining communities)
• Following SakeFinance on Twitter and verifying your account
• Joining the official Discord and claiming the "Sipper" role

Each action has a point value. Supplying ETH gives you more points than supplying USDC.e because it’s higher risk and higher value to the protocol. Borrowing also earns points - but only if your health factor stays above 1. If you get liquidated, you lose points. That’s intentional. It keeps the system healthy.

Setting Up Your Wallet: Step-by-Step

You can’t earn points without connecting your wallet. Here’s how to get started:

1. Get a Web3 wallet like MetaMask or WalletConnect.
2. Buy ETH or USDC on Binance or another exchange.
3. Use the Rhino Bridge to move your assets to the Soneium network. This is critical - you can’t interact with Sake Finance on Ethereum or BSC.
4. Make sure you have a small amount of native Soneium ETH for gas fees. Without it, transactions will fail.
5. Go to Sake Finance Rewards and connect your wallet.
6. Sign the connection request and the participation agreement.

After that, head to Twitter and follow @SakeFinance. Then join the Discord server. Once you’re in, claim the "Sipper" role. That’s your ticket to extra points.

Maximizing Your SakePoints: Pro Tips

Most users just supply one asset and call it a day. That’s a mistake. Here’s how to stack points fast:

• Supply multiple assets. ETH, WETH, ASTR, and USDC.e all earn points - but at different rates. Rotate between them.
• Borrow smart. If you’ve supplied ETH, borrow USDC.e. It keeps your position balanced and increases your activity score.
• Check your health factor daily. Stay above 1.5 if possible. Liquidations wipe out progress.
• Do Layer3 quests. These are simple tasks like connecting your wallet to SakeSwap or sharing a post. Each one gives 50-200 points.
• Don’t just leave your funds idle. Log in every few days. The system rewards consistent activity.

One user in the Discord reported earning over 12,000 points in 18 days by doing just these basics. That’s not a fluke. It’s the system working as designed.

How SakePerp and SakeSwap Fit In

You don’t have to use all three platforms to earn SAKE, but if you do, your rewards multiply.

SakePerp lets you trade perpetual futures on pairs like BTC/BUSD, ETH/BUSD, and DOGE/BUSD. Every trade you make generates a 0.05% fee. Here’s the kicker: 90% of that fee is burned, and 10% goes to SakeBar stakers. But here’s what most people miss - the platform also uses 50% of all trading fees to buy back SAKE tokens and lock them as insurance. That means every trade you make helps increase the token’s value over time.

SakeSwap is where projects launch their tokens through Initial Liquidity Offerings (ILOs). If you provide liquidity to an ILO pool, you get 3% of the liquidity when you withdraw - and those fees go straight into SAKE buybacks. You can also farm SAKE rewards by staking your LP tokens. And yes, ILO participants often get bonus airdrops too.

So if you’re trading on SakePerp, lending on Sake Finance, and providing liquidity on SakeSwap - you’re hitting all three reward streams. That’s the full SAKE experience.

What Happens When SAKE Launches?

No one knows the exact date. The team hasn’t announced it. But here’s what we do know:

• All SakePoints will be converted into SAKE tokens at a fixed ratio.
• Points earned on SakePerp, SakeSwap, and Sake Finance will be combined.
• There will be a vesting schedule - likely 6-12 months - to prevent dump pressure.
• SAKE will be used for governance: voting on fee changes, new assets, protocol upgrades.

Based on current point accumulation rates and the size of the ecosystem, early participants could earn anywhere from 5,000 to 50,000+ SAKE tokens. That’s not guaranteed - but it’s plausible. The protocol has already processed over $120 million in trading volume on SakePerp and $85 million in lending on Sake Finance. That’s real value being captured.

Common Mistakes to Avoid

People mess this up in predictable ways:

• Using the wrong network. Sake Finance only works on Soneium. Don’t try to connect from Ethereum.
• Forgetting gas fees. You need native Soneium ETH to pay for transactions. No ETH? No points.
• Not verifying Twitter or Discord. These are mandatory for point eligibility.
• Leaving positions idle. The system rewards activity. If you don’t touch it for 30 days, you lose momentum.
• Ignoring health factors. Borrow too much, get liquidated, and your points reset.

One user lost 8,000 points because they borrowed too much ETH and got liquidated during a market dip. They didn’t understand the health factor. Don’t be that person.

Is This Worth Your Time?

If you’re already trading or lending crypto, this takes 15 minutes a week. You’re not risking money - you’re earning potential value. Even if SAKE only hits $0.10 per token, 10,000 points could mean $1,000 in future value. If it hits $0.50? That’s $5,000.

Compare that to waiting for the next "big" airdrop that never comes. SAKE is here. It’s live. It’s working. And the window to earn points is still wide open.

Where to Track Your Progress

Go to https://finance.saketoken.io/rewards and connect your wallet. You’ll see your current SakePoints, your activity history, and your earned roles. Check it weekly. Watch your points climb. That’s your proof you’re doing it right.

Don’t wait for an announcement. Start now. The airdrop doesn’t start when SAKE launches - it started the moment you first interacted with the protocol. And if you haven’t interacted yet? You’re already behind.