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Fhenix Airdrop: tasks and status
Fhenix is an Ethereum Layer 2 network that lets developers build smart contracts using encrypted data. Participants can earn rewards by testing the Redact testnet, completing quests, deploying contracts, contributing content, and joining Discord activities. An airdrop may follow.
About the project
What Fhenix is
Fhenix is a Layer 2 blockchain built on Ethereum. It uses a technology called Fully Homomorphic Encryption (FHE) to let developers write smart contracts that work with encrypted data. This means transactions and information stay private even while being processed on chain.
The platform raised $22M across 24 investors, including Multicoin Capital, Hack VC, and Gate.io. It aims to bring privacy to decentralized finance, governance, and gaming applications.
How to earn rewards
There are several ways to participate. You can test the Redact testnet by connecting a wallet, requesting test ETH and USDC, and encrypting assets. You can also deploy a contract on the Sepolia, Arbitrum Sepolia, or Base Sepolia testnet. These activities take about an hour and cost nothing.
Other options include completing tasks on the OnlyFhens platform to earn points and climb a leaderboard, earning Discord roles through activity and feedback in the server, or creating content in non-standard formats for the Privacy Backrooms creator program. Content creators have earned stablecoin rewards.
An airdrop is not guaranteed. The project has announced that active users who send feedback may qualify for rewards and exclusive roles, but terms have not been fully detailed.
What it takes
The estimated time is about 57 minutes, and there is no cost in USD. You will need a wallet and test tokens, which you can claim for free from faucets on the Sepolia network.
The activities suit people who are comfortable with wallets and blockchain interaction. Some tasks ask you to sign transactions and understand smart contracts. Content creation tasks require the ability to produce original work in creative formats.
What to watch for
An airdrop has not been announced yet, only the potential for rewards. Rules can change as the project develops. Some activities have start dates in 2026, so timings may shift.
Discord roles and some rewards are assigned manually by the team or moderators, so there is no automatic way to verify you have earned them.
Funding
$22M raised · 24 investors
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Multicoin Capital
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Hack VC
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GSR
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Robot Ventures
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Amber Group
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MH Ventures
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NGC Ventures
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Foresight Ventures
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Gate.io
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Bankless Ventures
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Primitive Ventures
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Collider Ventures
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WAGMI Ventures
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Stake Capital Group
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Node Capital
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Protagonist
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TPC
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Tane Labs
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Metaplanet Holdings
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Panga Ventures
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SuDo Research
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Tandem (by Offchain Labs)
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dao5
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Orrick
Step-by-step checklist
- 01 Complete the Redact testnet Starts 28 May 2025 Open
- 02 Complete OnlyFhens quests Starts 15 Oct 2026 Open
- 03 Join the Privacy Backroom content program Starts 09 Apr 2026 Open
- 04 Deploy a token on the testnet Starts 14 Jan 2026 Open
- 05 Earn roles on Discord Starts 27 Oct 2025 Open
- 06 Participate in the Fhenix testnet Starts 04 Jun 2024 Completed
These tasks are available in the CoinDropster dashboard: exact links, progress tracking and deadlines — open the app to see the checklist.
Risks and what to watch for
- Rewards including an airdrop are not guaranteed. The project states participants may qualify but has not detailed terms or amounts.
- Rules for earning roles and rewards can change at any time as the project develops.
- Smart contract interactions on testnet and mainnet carry technical risks. Bugs in contracts or user error can lead to loss of funds.
- Test tokens have no value, but using them to interact with smart contracts requires learning how to use a wallet and sign transactions correctly.
Frequently asked questions
What is Fhenix?
Fhenix is an Ethereum Layer 2 network that uses Fully Homomorphic Encryption (FHE) to allow smart contracts to run on encrypted data without decryption. This enables privacy for finance, governance, and gaming apps.
Do I need to pay to participate?
No. The testnet activities cost nothing in USD. You only need to claim free test tokens from a faucet on the Sepolia network.
How much time do the activities take?
The estimate is about 57 minutes for the main tasks. Some activities like quests or Discord participation can take longer depending on how active you choose to be.
Is an airdrop guaranteed?
No. Fhenix has stated that active testnet users who send feedback may qualify for rewards and roles, but no airdrop has been announced and terms have not been published.
Can I earn money as a content creator?
Yes. The Privacy Backrooms program pays creators in stablecoins for content about complex technologies in non-standard formats. Over 30 creators have earned more than $40,000 in the past 3 months.