Today I will sort out the projects on Aleo that you can participate in to compete for future project token airdrops. These are my personal opinions and are for your reference.
1.Arcane Finance
Aleo is a decentralized exchange. They have launched a series of 10,000 NFTs. They are still in the process of minting. At the current price of ALEO, each NFT only costs a few ∪. In the future, when projects issue coins and airdrop, the airdrop of holding this NFT will definitely be indispensable. Its competitor is AlphaSwap. I was quite optimistic about it before the launch of the Aleo mainnet. But now that the Aleo mainnet has been launched, ALEO, a decentralized exchange on Aleo, has to be rebranded as WALEO. It is unnecessary. There has been no update or change since the mainnet was launched. The meme event has no attention at all, and the time has been extended again and again. It seems that it will not change in the future. There is no need to pay attention to it now.
2.ANS
Comparable to ENS, you can apply for a domain name; for 5 characters or more, it only costs 2 ALEO, which is very cheap.
3.PondoProtocol
Aleo Staking Platform
4.BetaStaking
Aleo Staking Platform
5.LSP Finance
Strictly speaking, this is not a project on Aleo, but rather a project on the ARB chain. However, it also has ALEO staking. LSP is an innovative platform that currently has ALEO and MANTA node share staking and flexible staking. The assets in staking, whether node shares or flexible staking tokens, can be traded directly on the LSP platform. LSP has confirmed the airdrop and is currently conducting the second quarter airdrop activities, with a tentative launch of the token airdrop in the first quarter of 2025. Next, LSP is set to launch pre-trading functionality and is voting on which project to launch first among KiloEX, Story, and Binomial. Those holding ALEO for staking can diversify their staking into the three projects: Pondo, Beta, and LSP, to gain airdrops. The staking returns for these three projects are not significantly different, as they are all calculated based on real-time fluctuations on the Aleo chain. Moreover, diversifying stakes can help spread risks and avoid total loss if one platform encounters issues.
6.RATS
This is a meme coin on ALEO, which has been traded on Arcane Finance. The founder occasionally conducts airdrop events on X.
7.zSociety
A builder community that recently conducted a zSCT token airdrop task activity, which has now concluded. They plan to develop zMarket, an NFT trading market on Aleo, and issue zMKT tokens.
These are the current projects on Aleo. I will continue to update as new projects emerge. Aleo, as a new public chain, is not performing well at the moment, and its token price is quite poor. However, given it time, with the development of the ecosystem, I believe it will improve.