Pencils Protocol is a yield marketplace and auction platform for Scroll users, launched in 2024. It enables users to join token auctions, stake assets for competitive yields, and engage with new projects.
In its third season, the platform expands with $P tokenomics, a staking points system, and Vault product beta for yield aggregation.
Backed by the Scroll Foundation, Pencils Protocol aims to become a leading launchpad brand, growing from 120,000 verified users in Q1 to 300,000 by Q3.
This guide covers everything you need to know to claim your $PENCILS airdrop and join the platform’s growth.
Benefits of Participating in the Airdrop
Participating in the Pencils Protocol airdrop has the following advantages:
- Get Pencil Points: Earn points that can be applied to airdrops in the future.
- Vault Privileges: Get entry to special vaults and tactics.
- Auction Priority: Take the lead in auctions for new projects.
- Scroll Session Points: By participating in pencil airdrop you not only collect $Pencils you also collect scroll session points.
Season 3 Rewards Overview
To celebrate the rebranding of Penpad to Pencils Protocol, the team has partnered with numerous high-quality projects and secured exciting rewards from the Scroll Foundation.
Here’s what you can earn during Season 3:
- Base Rewards: Up to 4x Pencils and Scroll Marks (as per Scroll Sessions rules).
- Partner Rewards:
- Up to 3x Kelp Miles
- Up to 3x STONE W1 Points
- Up to 2x Puffer Points
- Up to 8x Solv XP
- Up to 3x Etherfi Loyalty Points
- Eigenlayer Points
- Mind XP (Coming Soon)
- Extra Rewards:
- Pencils Genesis Airdrop
- Additional Token Airdrops…
Steps to collect $PENCILS Airdrop
Claiming your Pencil airdrop is straightforward. Follow these step-by-step guides to ensure you successfully receive your tokens:
Step 1: Visit the Pencils Protocol Website
- Go to the Pencils Protocol homepage.
- Connect your crypto wallet (like MetaMask or Trust Wallet) to the site.
Step 2: Switch to the Scroll Network
- Verify that the Scroll network is where you are. Change your network in your wallet’s settings if you’re not.
Step 3: Stake Your Assets
- Stake-supported assets (e.g., WETH, USDC, USDT, Stone, puffETH, or wrsETH) valued at a minimum of $100. Each day, you will receive one pencil point for every $100 you stake.
- Think about staking for extended periods to increase your returns. For example, you can obtain a unique S-badge that gives you a 1.2x pencil increase by staking 0.50 ETH for 28 days.
Step 4: Link Your Social Account and collect Soul Drops NFT
- Go to the Pencils Protocol Soul page at pencilsprotocol.io/soul.

- Click on “Get” and link your Twitter or Gmail account to verify your identity.
Step 5: Check Your Badge
- Go to your Scroll Canvas page after logging in. You should now be able to see your Pencil Badge.
Step 6: Stay Updated
- For the most recent news and advice, become a member of the Pencils Protocol Telegram community. They are available on Telegram.