How can I claim the airdrops
1. Staying active on chain
2. Staking your cryptocurrency on different chains
3. Focusing your airdrop farming on a few projects
4. Interacting with new protocols
5. Staying up to date
Conclusion
Airdrops Farming Guide
An airdrop is an event where a DeFi project or protocol distributes cryptocurrency assets to a specific group of users within the project's community. These assets are usually native to the project and can have varying values, ranging from a few cents to thousands of dollars, depending on the level of hype and publicity surrounding the project.
Airdrops can be conducted in two ways:
Assets are transferred directly into users' wallets
Users can claim their airdrop by visiting the project's website
When an airdrop is announced, the project usually discloses the eligibility criteria. In this article, we will share some tips to help you when farming airdrops in DeFi.
With airdrops, people can earn life-changing money. Some airdrops are even likely to be worth more than 1,000 USD.
In this article, I will explain how to improve your management of airdrop farming. Let's go through the 5 essential topics:
1. STAYING ACTIVE ON CHAIN
Long-term activity is proof that you are an engaged user. During bear markets, many people stop being active on chains, but staying active sets you apart from the crowd. Most wallets are dormant during times of low airdrop hype and only become active when an airdrop is announced. To be in the top 1 %, don't be like that.
2. STAKING YOUR CRYPTOCURRENCY ON DIFFERENT CHAINS
Major projects like Arbitrum, Cosmos, Optimism or ZkSync may distribute assets to users who contribute to their TVL. They could also allocate a percentage of crypto assets to projects so that they can give back to their communities. When it comes to staking, volume is important. It's better to stake 300 USD than 1 USD. However, it can be risky if a protocol gets exploited, so choose where you stake carefully.
