Grove Airdrop: tasks and status

GROVE updated 21 May 2026

Grove Finance is a credit infrastructure protocol in the Sky ecosystem that lets you deposit stablecoins and earn yield. Its points program rewards you for holding sUSDS tokens in your wallet on Ethereum.

RWA

About the project

What Grove Finance is

Grove Finance is an institutional credit infrastructure protocol within the Sky ecosystem. It lets users deposit stablecoins like USDS and USDC to earn the Sky Savings Rate and receive sUSDS in return.

sUSDS is a fully liquid, yield-bearing token with no lock-ups. You can withdraw your funds at any time and swap your sUSDS back to USDS or USDC. The protocol is non-custodial, meaning you keep control of your assets.

How the points program works

Grove distributes 10 million points daily to users who hold sUSDS in their Ethereum wallet. Points accrue only to sUSDS that sits directly in your wallet, not in other protocols or on other networks.

To start earning, deposit at least $1 of USDS or USDC through the Grove Savings interface. This activates point accrual on your entire sUSDS balance, including tokens you may have received before from other sources.

You can withdraw your funds at any time without losing the points you have already earned. Points stop accruing if you deposit sUSDS into other DeFi protocols, use it as collateral, or transfer it to another network.

What it takes

The estimated cost is about $100. You need an Ethereum wallet and stablecoins such as USDS or USDC.

The initial setup takes about 5 minutes: connect your wallet, enter your deposit amount, and confirm the transaction. After that, you simply hold the sUSDS and the points accrue passively.

This suits anyone comfortable using a wallet and DeFi protocols who wants to earn yield on stablecoins while participating in a points program.

What stands out

sUSDS is liquid and composable, so you can move it or use it across DeFi as long as you know that points will not accrue while it is deployed elsewhere.

All allocations and performance are transparent and visible on the public Grove Data dashboard.

Step-by-step checklist

How to qualify for the airdrop Open steps: 1 of 1
  1. 01 Mint sUSDS and earn Grove Points Starts 21 May 2026 Open

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 are not guaranteed: the Grove team can change the points program rules, distribution rates, or requirements at any time.
  • Smart contract bugs or exploits could affect the protocol or your funds. Yield-bearing tokens like sUSDS carry protocol and market risks.
  • Points accrue only when sUSDS is held directly in your wallet. Deploying it in other protocols, using it as collateral, or bridging it to other networks will stop point accrual.
  • Stablecoin value can fluctuate, and the yield rate offered by the Sky Savings Rate may change.

Frequently asked questions

What do I need to start?

You need an Ethereum wallet and at least $1 in USDS or USDC stablecoins. Deposit through the Grove Savings interface to receive sUSDS and start earning points.

Can I withdraw my money anytime?

Yes. You can withdraw your funds at any time and convert your sUSDS back to USDS or USDC. Points you have already earned will not be lost when you withdraw.

What happens to my points if I use sUSDS in other protocols?

Points stop accruing if you deposit sUSDS into other DeFi protocols, use it as collateral, or bridge it to another network. Point accrual resumes when you move sUSDS back to your Ethereum wallet.

Is the reward guaranteed?

No. Rewards are not guaranteed. The Grove team can change the points program terms, distribution rates, or rules at any time.

How often are points distributed?

Grove distributes 10 million points daily to all participants holding sUSDS in their wallets on Ethereum.

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