2024 is undoubtedly the year of airdrops, with various airdrop activities being released intensively. In our airdrop circle, there is another saying: "If you want to make big money at a low cost, you still have to use a public chain." However, due to the long-term PUA of users by public chain projects such as Layerzero and zkSync, many studios, professional airdroppers, and airdrop enthusiasts have begun to feel confused, and even many airdrop hunters have lost confidence in the industry.
The market seems to have forgotten that Aptos, the last big money maker, only airdropped 3% of tokens in the first round. Even with this 3% of token allocation, a single wallet could get 1000-3000u of airdrops. Considering that these wallets only completed a few tasks on Galxe, cast a few votes on Gitcoin, and issued a few NFTs.
Aptos has allocated 51% of the tokens to the community, and 48% has not yet been distributed, so there is more than four billion US dollars worth of wealth for us to tap. With such a large total amount of wealth, why should we be PUAed by those projects with no vision? What reason do we have not to invest in these projects that already have methods and results?
1. What direction should we work towards on Aptos?
Aptos will definitely launch several rounds of airdrops. As professional coin collectors, we need to know which direction to work towards and how to work hard, so let’s take a look at the official distribution of tokens:
The community portion of the 51% community token allocation is 410,217,359.767 APTs held by the Aptos Foundation, and 100,000,000 by Aptos Labs. The official said that these tokens will be used to promote the growth of Aptos ecological projects, so many people call "community allocation" "ecological fund."
Aptos Token Economics: https://aptosfoundation.org/currents/aptos-tokenomics-overview
From these words, we can roughly know that a large part of the remaining 48% of tokens are expected to be distributed to users of the Aptos-based ecosystem. Only users who actively participate in ecological projects will receive airdrops, so our next step is to focus on the Aptos ecosystem.
This is still better. Now basically most Web3 development teams will issue their own tokens, so that users can kill two birds with one stone. If it is a Defi project, they can kill two birds with one stone.
So in today’s article, let’s take a look at what the focus should be?
First, let’s see if Aptos is going to launch a second round of airdrops?
2. Is Aptos really preparing for a second round of airdrops?
Aptos technology is superior to Solana, but neither the token nor the community has flourished like Solana. Not only Solana, for example, Aptos' valuation is almost the same as Celestia ($3 billion), and the latter has about 400,000 active stakers, almost 4 times that of Aptos.
Amnis, the largest staking platform for the Aptos ecosystem project, has less than 100,000 users and a TVL of only US$45 million, accounting for more than 25% of the total locked value of Aptos.
These data are very disadvantageous for an L1 and a public chain. The lack of user activity can easily lead the system into a vicious cycle. Do you think the project parties can be calm?
So what’s the point of all this nonsense? What’s the market reaction? What actions have the project owners taken?
Inference 1: Aries Incentive Program, Rewarding APT
In mid-January, Aries launched an incentive plan to distribute APT rewards.
https://x.com/AriesMarkets/status/1745668145015410850
When the project launched, its TVL was around $29 million. Towards the end of March, Aries launched the ARIES Points system to incentivize borrowing/lending activities and referrals. When this was announced, Aries' TVL was $155 million.
Killing Two Birds with One Fish: https://x.com/AriesMarkets/status/1770753114800284005
Inference 2: Aptos publishes four tasks on Galxe
In addition, Aptos launched four tasks on Galxe in the first and second quarters (ending in April). The tasks were simple and only required obtaining OAT. This may be a market test.
But the move suggests that a second round of airdrops will be coming soon, specifically targeting active contributors and investors in the Aptos DeFi and NFT ecosystem.
https://x.com/Aptos/status/1767594987594944587
It is obvious at this point that Aptos' data is not very good and has been surpassed by too many others. The Aptos Foundation has also started to get anxious and has tested the waters several times, probably in preparation for a full-scale launch later.
So let’s see if Aptos is worth buying?
3. About Aptos — High-Performance Public Chain
Maybe many people entered the market in 2024 because of $STRK, so many people don’t know how powerful Aptos is. Let us first introduce the background of Aptos, and then we can see whether the project is worth investing in based on these objective facts.
About Aptos
According to Messari research, Aptos is a brand-new independent public chain project established in 2021, focusing on the first-layer public chain with security and scalability. Its consensus mechanism adopts Proof of Stake, and it has attracted much attention due to its Meta background, Move language, and high TPS. The core developer Aptos Labs raised about $400 million in two rounds of private investors in 2022.
The founder of Aptos worked at Novi (Facebook) for two years and was responsible for the Diem (formerly known as Libra) project. Libra was a digital currency solution for payment transactions launched in 2019. Due to regulatory and other reasons, Libra was revoked and transformed into a stablecoin and renamed Diem.
After several setbacks, Diem was not launched well. So a team of 17 former Novi/Diem engineers and researchers founded Aptos, with the goal of building the most secure and scalable Layer1 blockchain.
For Aptos, the Diem team background is one of the reasons why it has attracted attention.
technology
Aptos' technology stack has many novel aspects, including the AptosBFTv4 consensus mechanism, the Quorum Storemempool protocol, the Block-STM parallel execution engine, and the Move programming language. Move on Aptos is built on the original Move language created by the Diem and Novi teams, and provides enhanced flexibility and security compared to other Web3 programming languages. Move on Aptos is jointly developed by multiple protocols.
Other key features designed to improve user experience and security include accounts with decoupled private and public keys, transaction pre-execution to explain transaction results before the user signs, and transaction expiration times and sequence numbers. The development of the Aptos Network and the growth of the Aptos ecosystem are primarily led by Aptos Labs and the Aptos Foundation.
Aptos’ architecture makes it ideally suited to support a new generation of high-performance dApps, beyond the forked derivatives of existing EVM products on other chains. This architecture provides Aptos with three main advantages over other networks:
High throughput
Low transaction fees
Safety
background
Since Aptos was officially exposed in February 2022, it has continued to attract market attention due to its background as a member of the Facebook team. With the blessing of the "halo of a star team", capital has extended a high olive branch. In March 2022, it completed a US$200 million seed round of financing, and in July of the same year, it received a US$150 million Series A financing. Most of the well-known investment institutions in the industry, including a16z, Coinbase Ventures, Paypal, and Binance Labs, have participated in the investment.
MOVE Language
Move is a bytecode language inspired by Rust created by the Diem and Novi teams, designed to provide a more flexible and secure solution than Solidity and other Web3 programming languages. It eliminates attack vectors present in Solidity and EVM, such as reentrancy attacks and asset duplication issues, by enforcing data abstraction and built-in protection functions.
Market performance
The first quarter brought new momentum to the aptos ecosystem, with TVL increasing by nearly 500% from $130 million to $493 million in just four months, and daily active addresses (DAA) stabilizing at an average of around 120,000. While Solana leads the Alt L1 space in both TVL and DAA, it’s interesting to note that Aptos has the second-highest DAA in the Alt L1 space.
APTOS's ecological turning point
For each public chain L1, a complete DEFI ecosystem is the top priority for its sustainable development. At present, APTOS already has high-quality projects in various sectors that can proceed to the next stage.
Network data indicates that Aptos is at an inflection point, with a thriving dApp ecosystem ready to welcome a new wave of users. Aptos Ascend positions the network as a competitive TradFi entity and RWA with built-in compliance and customizability on day one.
DeFi on Aptos has grown significantly over the past quarter.
So what are you masturbating for?
When it comes to public chains, you must focus on leading projects, such as Aries Finance, Aptin Finance, Liquidswap and other projects, as well as NFT markets such as Wapal, Mercato and Topaz.
The more you participate, the more likely you are to earn APT tokens and other new tokens. But participation costs money, and watching the dongle tutorial is not to let you rub one by one, but to find ways to kill two birds with one stone and reduce costs.
So this tutorial starts with Pontem Network, the largest application of APTOS, to see how to use different strategies to kill two birds with one stone.
IV. About Pontem Network
Pontem Network was created in 2020, more than a year before Aptos was launched. At the time, Meta was still working on the Diem blockchain project, of which the Move language was a part. The original goal of Pontem Network was to provide a connection between the highly regulated Diem ecosystem and the rest of the blockchain world, and the idea was to use Polkadot's infrastructure to achieve this.
What is Pontem Network Product Studio?
Pontem Network is a product development studio, which is what many public chains call a "developer". Pontem's strategic cooperation with Aptos involves creating Dapps and infrastructure for Aptos, including development tools, EVM, AMM, etc. to promote the widespread use of its L1 blockchain.
Pontem Network Basic Products
Pontem Network has created: Pontem Wallet, Liquidswap DEX, NFT, Pontem also supports NFT, …
Lumio L2
Lumio is a groundbreaking Optimistic Rollup developed by Pontem Network, poised to redefine the landscape of Layer 2 solutions.
What makes Lumio different from similar products such as Optimism and Arbitrum is that Lumio supports both Ethereum Virtual Machine (EVM) and Move VM. Lumio aims to use Aptos to process transactions settled on the Ethereum network.
Lumio is developed based on OP Stack (Optimism Collective's open source toolkit), inheriting the powerful opportunities of the Optimism mainnet, which can effectively ensure transaction speed and scalability.
On the technical side, Lumio benefits from the solid foundation provided by the Paradigm execution layer, leveraging the Rust implementation of the OP Stack, and the Magi client developed by a16z and Reth (Rust Ethereum) for various extensibility.
SuperLumio is the EVM iteration in the Lumio L2 Pontem Network plan (already on the mainnet). SuperLumio supports both the Ethereum Virtual Machine (EVM) and Move VM (part of Aptos).
As research into merging alternative virtual machines progresses, SuperLumio may be integrated into other networks in the future, such as Solana, Avalanche, Cosmos, etc.
Is Pontem Network worth playing?
After all this chatter, has Pontem Network issued any coins?
Pontem Network has not issued any tokens yet. It is one of the few projects on APTOS that has not issued any tokens. It is also the first cross-chain solution between APT and EVM.
Pontem Network raised $10.5 million from the primary market, including Animocabrands, with a TVL of $42 million.
Therefore, Pontem Network is worth participating in. As a strategic partner of APTOS since its establishment, we should try our best to get the maximum airdrop quota.
So how do you get started with Pontem Network?
4. Preparation before the airdrop tutorial
Pontem posted a tweet in 2022 suggesting that a token might be launched.
What preparations are needed to play Pontem?
1. Funding preparation
Fund 1: + 10.1 APT (current value 80u+)
Fund 2: +100u
These funds are used for the following purposes:
Volume: +$5,000
Number of interactions: +30
Add liquidity: + $100, add at least 3 pairs
Staking: +10 APT
The above are just basic estimates, the more interactions the better.
2. Wallet preparation
Phantom Wallet
Metamask or OK Wallet
Pontem wallet (if you have previously paid APT fees on OK wallet, you can directly import the original mnemonic)
Since this tutorial is about the Pontem Network airdrop, we will use the Pontem wallet as the beginning of the tutorial. I imported the original OK wallet mnemonic.
3. Pontem Wallet Tutorial
Log in to the Pontem airdrop page
https://airdrop.liquidswap.com/?ref=01HYAQ97X8M52ZCEJWEJBFVG7R
Click the Pontem bar to install the Pontem wallet
After creating a wallet, recharge APT and continue with the first step above, linking Pontem wallet, Phantom wallet, Metamask or OK wallet in turn. After the link is completed, it will be displayed as follows:
5. Airdrop Tutorial
1. L2 Lumio Waiting List
Step 1: Visit https://lumio.io/#join-whitelist
Step 2: Fill in your email, check “I have read and agree to the terms and conditions” and “I agree to receive emails from Lumio” -> “Join”
2. Exchange on Liquidswap
Step 1: Log in to Liquidswap and link your wallet
https://liquidswap.com/#/
Step 2: Select a trading pair to trade
If you want to be shortlisted, it is recommended that each account increase the transaction volume to: + 5,000 US dollars or more, and the number of interactions is not less than 30 times.
(III) Pledge
On Liquidswap, click Earn
Choose Staking
Select any "Validators" section
Click stake
Stake at least 10.1 APT (it is recommended to choose a validator with a longer time)
4. Adding liquidity (three ways to eat one fish)
Here we choose the Amnis Finance platform. The Amnis Finance platform is a liquid staking protocol. Amnis has a points program. Creating an Amnis Finance account allows you to use the Amnis and Aries Markets systems at the same time, which allows us to get at least 3 airdrops.
Step 1: Log in to Amnis Finance and link your wallet
https://stake.amnis.finance/mint
Step 1: Enter the amount of amAPT you want to mint and click Mint Only (If you want to earn more Amnis Finance, you can choose Mint & Stake later, so you don’t need to do this step here)
Step 2: Add liquidity on Liquidswap
Return to Liquidswap Platform
Click Earn
Select Farms
Add amAPT/APT
Step 3: Stake LP
Click on the "fish icon"
Click Balance
Click Stake to stake LP, the annualized return here is 30%;
(V) Purchase NFT (for reference only)
NFT 1. Log in to the NFT trading platform and link your wallet
https://www.topaz.so/collection/Pontem-Space-Pirates-c46dd298b8
Select an NFT to trade
NFT 2. Log in to the NFT trading platform and link your wallet
https://www.topaz.so/collection/Pontem-Dark-Ages-7fef9d50cd
6. Using PontemAi
PontemAi is a Web3 native chatbot. To register, you need a captcha, NFT or doodoo tokens.
Summarize
Pontem is a very powerful project collection on APTOS, which includes many products. It has not issued any tokens yet, but may issue tokens during the second airdrop of APTOS.
This article introduces the interactive tutorials of various products on Pontem. If you want to try it, please focus on the Defi part to increase the transaction volume and transaction frequency, so that you can kill two birds with one stone.
Any airdrop can have multiple accounts. The tool I currently use is: MorLogin Fingerprint Browser
https://www.morelogin.com/?from=AANvwSB8onX4
This is the Web3 fingerprint browser that I think is relatively safe among all the tools I have used. It is also the browser that has passed the official review of OK Wallet:
The multi-opening tutorials are as follows:
https://medium.com/@jiamigou/ Cryptodog Compilation Airdrop No. 263 - Use Fingerprint Browser to Start the Journey of Getting Rich with Hair-Low Hair Xiaobai Super Tutorial-8240e4c8d51f
