2024 will be a huge year for airdrops.
I made a list of promising projects with live points programs as those are likely to launch a token soon.
My favorite 2 birds 1 stone airdrop strategies
👇
1. Eigenlayer + Kelp
EigenLayer is the first ETH restaking protocol. It attracted >$1b TVL in a few months.
Kelp is the protocol built on top of Eigenlayer behind the most popular liquid restaking token, rsETH.
Both of them launched points programs.
How to qualify for their potential airdrops:
• get some ETH on Ethereum mainnet (in case you don't already have)
• stake it with
@LidoFinance
/
@staderlabs_eth
and get stETH or ETHx in return
• go to Kelp and deposit stETH or ETHx in exchange for rsETH
Kelp was created by the founders of
@staderlabs
, a well-known liquid staking protocol with >$300M TVL.
If you stake your ETH with Stader and then deposit it to Kelp, you'll get extra Eigenlayer points💸
Link to
: kelpdao.xyz/restake/
2. Parcl + MarginFi
Parcl is a derivatives DEX for real-world assets. This seems to be one of the most underrated Solana airdrops despite that it has $10M+ funding.
MarginFi is the most popular money market on Solana.
Both have launched points programs.
How to qualify for their potential airdrops:
• lend assets on MarginFi (SOL, ETH, etc.)
• borrow USDC against your collateral (with a low loan-to-value ratio to make sure you'll not get liquidated)
• provide liquidity on Parcl in the form of USDC
Pro-tip:
If you want to lend SOL on MarginFi, stake it with
@marginfi
/
@jito_sol
first to also earn a staking yield and then lend the liquid staking derivative.
Links: (you can use my referral code "yomieth" on Parcl to get a 5% lifetime points boost)
Parcl: app.parcl.co/referrals
MarginFI: mfi.gg
3. EigenLayer + Swell
Swell is the largest tokenless ETH liquid staking protocol.
The launch of its token is confirmed, and you can earn Pearls (Swell points) + EigenLayer points for staking & restaking swETH.
swETH is Swell's ETH liquid staking token.
How to qualify for their potential airdrops:
• go to
@swellnetworkio
• stake ETH with Swell in exchange for swETH
• go to EigenLayer and restake swETH
You can get 10 more Pearls per swETH minted with my referral:
Swell: app.swellnetwork.io
EigenLayer: app.eigenlayer.xyz
LIFI + LayerZero
@lifiprotocol
is an API for seamless swaps & bridging, which raised $17.5M in funding.
LayerZero is the most popular omnichain interoperability protocol. The launch of its token in H1 2024 is confirmed👀
These 2 airdrops are very easy to farm:
• go to
@JumperExchange
(the main cross-chain DEX aggregator built on top of LIFI)
• bridge any asset to any chain you want and select 'Stargate' for the route
Stargate is the most popular cross-chain DEX built on LayerZero.
As a tip, I suggest you try to use these bridges mostly organically.
Whenever you want to move your assets from one chain to another, use LIFI + LayerZero in the way I showed you earlier if a bridge route for your transfer is available.
Link to Jumper: jumper.exchange
Velvet Capital + Helio Protocol
@Velvet_Capital
is a DeFi Asset Management project. It's backed by Binance Labs and it has a live points program, yet its TVL is still very low: $900k
@Helio_Money
is the protocol behind one of the most popular stablecoins backed by BNB ($HAY). The project is backed by Binance Labs.
How to qualify for their potential airdrops:
• borrow $HAY (Helio stablecoin) against ETH, BNB, or a BNB liquid staking derivative on Helio
• swap $HAY to USDC / USDT
• deposit USDC / USDT in a low-risk Velvet vault
Anyone can create a vault on Velvet, and you can easily see the historical performance of a vault on the Velvet UI.
For the Velvet airdrop, you can also directly deposit USDT / USDC in a Velvet vault if you have some stables available.
Links:
Velvet:
v2.velvet.capital
Helio: helio.money/app
Manta + LayerBank
@MantaNetwork
is the first Ethereum L2 on Celestia. It raised $60M in funding.
LayerBank is a multichain DeFi money market.
Manta confirmed an airdrop for its early adopters and a % of the airdrop is reserved for the Layerbank users on Manta.
How to qualify for their potential airdrops:
• access this link - newparadigm.manta.network
• replace the code in the url above with a valid invite code (Manta is currently in an invite-only phase)
• then deposit ETH or USDC from Ethereum mainnet to bridge to Manta
• go to Layerbank and lend STONE or wUSDM
I've recently got a small no. of new invite codes for Manta, so if you need one and want to deposit over 0.4 ETH send me a DM.
When you bridge to Manta, your funds will be locked until early Q1.
Until then, you'll get STONE and wUSDM on Manta network in exchange for the assets you bridge.
The more funds you bridge, the more Manta boxes you'll get. Those boxes can be opened in order to earn future $MANTA rewards.
Links:
Manta: newparadigm.manta.network
Layerbank: manta.layerbank.finance/bank
EigenLayer + Etherfi
And here's the 3rd strategy involving EigenLayer😂
I expect its token to have a $10b+ valuation, so that's why I'm very interested in its airdrop.
@ether_fi
is another liquid restaking project built on top of EigenLayer with a live points program.
How to qualify for their potential airdrops:
• go to Etherfi
• stake ETH in exchange for eETH (Etherfi's liquid restaking token)
You can earn 100 more Etherfi points for every 0.1 ETH staked with my referral:
app.ether.fi/eeth?address=0x0216120f0ec906e192724EA00EC1B2AbbB7C1240
And that's all for Now!
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