Coinshift is a Web3 finance protocol focused on treasury management and asset management for organizations such as DAOs and crypto businesses.
It aims to be the on-chain equivalent of banking and yield systems for these users by providing tools for payments, accounting, asset management, and earning yield on stablecoins through its native products like csUSDL, which offers compounded interest from U.S. Treasury Bills and DeFi lending.
Coinshift is also launching a native token called SHIFT, which will be distributed via an airdrop to early users based on points earned through platform activities.
What is Coinshift?
Coinshift is a treasury and funds management platform for Web3 organizations and DAOs.
It enables these entities to manage cash reserves, conduct payments, and oversee accounting and assets on-chain.
The protocol integrates stablecoin yield products and offers a native token, SHIFT, designed for governance and revenue distribution purposes.
The platform serves a wide range of clients, including major Web3 businesses like Gitcoin, UMA, Aave, and Zapper, managing over a billion dollars in assets. Coinshift’s core capabilities include:
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Payments: Enables organizations to send and manage funds across teams, wallets, and blockchains with features like mass payouts and invoicing.
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Accounting: Automatically tracks, categorizes, and reports on-chain financial activity, integrating with tools like QuickBooks and Xero for seamless bookkeeping.
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Asset Management: Helps deploy idle capital into yield-generating strategies, including holding stablecoins like csUSDL which accrues real yield.
Coinshift is built atop secure, battle-tested smart contracts (such as Gnosis Safe), allowing organizations to maintain full custody of assets while benefiting from streamlined treasury and financial operations.
The platform supports multiple EVM-compatible blockchains including Ethereum, Polygon, Arbitrum, and others.
The Coinshift native token, SHIFT, is set to introduce governance and revenue-sharing capabilities, aligning incentives across the treasury ecosystem.
How Does Coinshift Work?
Users interact with Coinshift by buying and holding stablecoins like csUSDL, which accrues yield passively with no staking or lockups.
They can also participate in liquidity provision, earn campaigns, quests, and other tasks that earn points.
These points are used to farm the upcoming SHIFT token airdrop.
The protocol relies on a combination of traditional finance instruments (like U.S. Treasury Bills) and DeFi lending to generate real yield for users.
Coinshift Airdrop Details
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The SHIFT token airdrop is planned for Q3 or Q4 2025, depending on sources, with 5% of the total supply allocated for the airdrop.
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Users farm points by performing specific tasks on Coinshift such as swapping assets (e.g., USDC to csUSDL), participating in liquidity pools, joining earn campaigns, and completing on-chain quests on platforms like Galxe and Megaphone.
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Holding csUSDL boosts points by a multiplier (up to 5x), and higher engagement in campaigns and quests increases rewards chances.
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The top point earners may receive additional rewards via leaderboards and rank-based bonuses.
How to Farm Coinshift Points
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Connect your wallet to Coinshift.
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Buy and hold csUSDL tokens for baseline points.
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Swap and provide liquidity in partner pools to increase points farmed.
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Join earn campaigns by completing tasks on third-party sites.
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Complete simple and recurring quests on Galxe.
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Engage in tasks on Megaphone and consider minting NFTs for additional rewards.
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Track progress and points through portals like OneClick.Fi.
How will Coinshift allocate the 5% airdrop token pool across users?
Coinshift will allocate the 5% airdrop token pool across users based on a points system earned by participating in various activities on the platform.
This points-based distribution rewards users proportionally to their engagement and contribution to the ecosystem.
Points are earned by buying and holding csUSDL (a stablecoin product on Coinshift), participating in liquidity campaigns, completing quests on platforms like Galxe, and finishing tasks on Megaphone.
Key details of the allocation include:
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Users holding csUSDL receive a significant multiplier (up to 5x) on points, effectively boosting their share of the airdrop.
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Completing liquidity provision and swapping tasks, participating in earn campaigns, and engaging in quests on integrated platforms accumulate more points.
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The total 5% allocation of the SHIFT token supply will be distributed proportionally to users’ point totals.
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Top-ranking users on leaderboards might receive additional bonus rewards, incentivizing high activity and early participation.
Thus, the more actively a user farms points through these activities, the larger their portion of the 5% SHIFT token airdrop pool they will receive when the airdrop distributes tokens, expected by Q3 or Q4 2025.
Tips for Maximizing Coinshift Points
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Continuously hold and increase csUSDL balance to maintain the 5x points multiplier.
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Participate in multiple campaigns and liquidity strategies to diversify and maximize point earnings.
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Complete all available quests regularly as they offer easy recurring points.
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Stay active in the community and leaderboard competitions to earn potential extra rewards.
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Keep updated with new campaigns, referrals, or bonus tasks announced by Coinshift to capitalize on new earning opportunities.
FAQ
Q: When is the Coinshift airdrop?
A: Expected in Q3 or Q4 2025.
Q: Do I need ETH to participate?
A: Yes, ETH or other assets are required for certain tasks like swaps and liquidity provision.
Q: What boosts airdrop rewards the most?
A: Holding csUSDL tokens and actively completing all tasks and quests.
Q: Are the quests on Galxe mandatory?
A: Not mandatory but recommended for additional points.
Q: Can I track my points and tasks easily?
A: Yes, platforms like OneClick.Fi help manage and track your progress.
Conclusion
Coinshift is a comprehensive Web3 finance platform designed to help organizations manage their financial operations on the blockchain seamlessly.
It combines payments, accounting, and asset management into one unified, self-custodial interface without the need for KYC or hidden fees.
Coinshift aims to empower businesses by offering banking-like services that are more flexible and transparent than traditional banks.
Overall, Coinshift offers an all-in-one treasury and capital management stack that brings transparency, control, and efficiency to Web3 businesses and DAOs, making it a leading platform in the decentralized financial infrastructure space.