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Ceitnot
Confirmed
3.3
Ongoing
Medium
DeFi
2026/06/05 11:00
→2026/12/04 11:00
1
6 Tasks~21 min
Overview
What is Ceitnot Protocol?
Ceitnot Protocol is a Collateralized Debt Position (CDP) protocol on Arbitrum. Users deposit crypto assets as collateral to mint $ceitUSD, a decentralized stablecoin. The protocol’s Peg Stability Module (PSM) enables direct swaps between $ceitUSD and other stablecoins, keeping the peg without depending on open-market arbitrage.
Ceitnot is currently live on Arbitrum Sepolia as an incentivized testnet ahead of mainnet.
Ceitnot Protocol Airdrop Details
Ceitnot Protocol has confirmed a $CEITNOT token airdrop for testnet participants. A pool of 50,000 $CEITNOT tokens — equal to 3% of the total supply — is set aside for users who interact with the testnet app before the snapshot.
Key Parameters:
- Allocation: 50,000 $CEITNOT (3% of total supply)
- Distribution Method: Testnet activity and social quests
- TGE Date: TBA
- Vesting Schedule: TBA
Since the campaign runs on Arbitrum Sepolia, participation requires only testnet ETH — no real funds needed. Users earn eligibility by opening vaults, minting $ceitUSD, using the PSM, and completing social tasks.
Participation Requirements6 links
1
Get Testnet Gas TokensEasy·~2min
Visit an Arbitrum Sepolia faucet such as Alchemy or QuickNode and claim free testnet ETH. You’ll need a small amount to cover gas on every transaction.
2
Visit the Ceitnot Testnet AppEasy·~5min
Go to the Ceitnot website and connect your Web3 wallet — MetaMask, Rabby, or Coinbase Wallet all work.
3
Mint Testnet CollateralEasy·~2min
Click the Faucet tab inside the dApp and claim testnet collateral assets such as mock BTC or mock ETH. These tokens have no real value but are required to interact with the CDP engine.
4
Open a Vault and Mint $ceitUSDEasy·~5min
Navigate to the Borrow or Engine section:
Select your collateral asset (e.g., mock ETH) Deposit collateral into a vault Mint (borrow) $ceitUSD against it
Keep your collateral ratio well above the minimum threshold to avoid mock liquidation during testing.
5
Use the Peg Stability Module (PSM)Easy·~5min
Go to the PSM or Swap tab. Swap mock USDC or USDT into $ceitUSD and back to test the peg mechanism. This is a core protocol feature, so interacting with it likely counts toward eligibility.
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