From the end of 2023 to the present, the "myth" that a single address can earn up to tens of thousands of dollars is arousing web3's unprecedented enthusiasm for airdrops.
Solana can be said to be the leader in airdrop performance in the past three months. I believe you are all impressed by these three projects: In November 2023, Pyth, the oracle project on Solana, provided 250 million token airdrops and distributed them to early users. raised over $77 million; in December, Jito, the liquidity staking protocol on Solana, issued 100 million tokens worth approximately $450 million at its peak. At the end of January 2024, Juniper, the liquidity infrastructure on Solana, launched the largest airdrop event in Solana's history, with a scale of over US$750 million, and 430,000 claimed addresses. The largest single address was worth as much as US$130,000 after the opening.
Of course, the reason why Solana airdrop deserves attention is not only because there are many wealth-making projects, but also because of its low gas cost, which makes the cost of interaction on the Solana chain lower than that of Ethereum. For participants, not only the financial threshold Lower, and the potential opportunities will also increase. More project parties will turn to Solana and open airdrop plans.
This is also the reason why we chose Solana for special explanation after we introduced airdrops some time ago.
Summary criteria:
The airdrop season is in full swing in anticipation of the recent bull market. How to concentrate on the many dazzling projects and select the highest-priority projects is also a question that requires all your energy. At this time, it is very important to understand the project background, airdrop progress and airdrop strategy.
First of all, the project background affects the stability of the airdrop. For projects with large financing amounts and the support of well-known VCs, or for projects with mature products and top TVL, the airdrop size is not expected to be too small, and the market capitalization limit is also higher. But at the same time, the airdrop timeline will also be lengthened, and the delay in announcing the airdrop time will also lower your enthusiasm for interaction.
This article will summarize the pending projects that have announced airdrop times from the above three aspects.
(Note: The following interactive strategies do not constitute suggestions. The project side has the right to interpret the airdrop rules. If there is a points system, the points will be mainly regarded as the main points. The following strategies are only used as a reference that may increase the probability of airdrops)
Kamimo
Kamino Finance is the leading Defi project on Solana. It is positioned as an automated liquidity solution and earns income through market making. Since its establishment in 2022, TVL has reached 569 million U.S. dollars, ranking fourth in TVL growth in February 2024. .
The airdrop date for Kamimo has been set. This airdrop is called the "Genesis Distribution" and is scheduled to take place in April. Eligibility will be determined in the snapshot on March 31. This airdrop will be based on the accumulated points in the first quarter. Linear distribution; at the same time, Kamino also announced that it will conduct multiple rounds of airdrops in 2024, which means that even if you miss this opportunity, you can wait for the next opportunity.
Interaction strategy reference:
Deposit: Deposit SOL, and deposit USDC, USDT, USDH (derivative tokens on Hubble) to get 3 times the points.
Borrowing/Loan: Borrowing or lending operations can earn 1 point, but lending funds will generate loan interest. It is recommended that participants lend tokens with lower interest rates to avoid losses.
Leverage: Going long/short in the market will also increase points.
Participate in bybit’s Solana Fiesta event: follow Kamino’s social account, deposit 100U, connect to Bybit wallet to complete any interaction with Kamimo, and click verification to participate in the lottery. You will also have the opportunity to receive KMNO token airdrops. The deadline is March 29.
Parcl
Parcl is a decentralized real estate index derivatives platform based on the Solana public chain. It belongs to the RWA (Real World Assets) sector agreement. It will complete two rounds of financing totaling US$11.6 million in 2022. Financing institutions include Archetype, Dragonfly Capital, ParaFi, Shima Capital, Coinbase Ventures, Solana Ventures. According to DeFiLlama data, Parcl TVL is US$75.44 million, an increase of more than three times from the beginning of the year.
In February this year, Parcl announced that it would launch an airdrop plan in April, with a total supply of 1 billion tokens. The initial community airdrop will account for 7% - 8%, and the initial circulating supply is expected to be 10% -12%.
Interaction strategy reference:
Deposit: LP Provider 4 points/USD
Trading: Trader 2 points/USD;
Invite new users: 10% points for new users
Purchase NFT: NFT holders can enjoy a 20% permanent points increase and potential additional rewards
BackPack
Backpack Exchange is a new cryptocurrency exchange led by former FTX executive Can Sun. The exchange is only a part of Backpack's business, including the BackPack wallet and the NFT series Mad Lads under the Solana ecosystem. Backpack completed US$17 million in strategic financing in February this year, led by Placeholder, with participation from Hashed, Wintermute, Amber Group, Robot Ventures, Selini, Delphi Digital, etc.
At present, the first phase of the airdrop activity has ended, and the second phase of the airdrop activity is currently in progress. The account trading volume points system will be launched on February 14, and it is stated that the ranking of the points system will be used as an important reference data for air investment qualifications. On March 7, Backpack announced that the exchange’s first Pre-Season snapshot will be taken on March 18.
Interaction strategy reference:
Deposit SOL on Backpack Exchange and conduct transactions. You can conduct several sales and purchases on Backpack Exchange every day. It is recommended to choose the SOL-USDC trading pair with lower handling fees.
Deposit funds in the BackPack wallet and interact with other protocols on Solana
Purchase NFT products Mad Lads, or increase the probability of airdrops
Zeta Markets
Zeta Markets is a DeFi futures and options trading platform based on Solana. It announced a financing of US$8.5 million in December 2021, led by Jump Capital, and launched the mainnet in January 2022. According to its official data, the platform has facilitated more than US$2.77 billion. trading volume, serving more than 71,600 monthly active users. The Z-Score mechanism was launched last year to lay the foundation for airdrops.
On March 13 this year, Zeta Markets released a complete project roadmap, announcing the token airdrop plan and future token governance rules. The airdrop is planned to be carried out in April, and participants in the first and second seasons of the Z-Score program are eligible to receive the initial token airdrop. This plan also includes a second airdrop plan.
Interaction strategy reference:
Transaction: Points will be awarded for both pending orders and taker orders. Among them, pending orders will get 1 point for every 5 US dollars traded, and takers will get 1 point for every 1 US dollar traded. The top 100 profitable rankings will also receive additional multiplier rewards.
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Solana上的潜在空投项目远不止这些，不过暂时都未发布具体空投时间。下一篇我们也将对后者做一个盘点。
Finally, we need to repeatedly remind you that the airdrop rules of the project side are not transparent. This article is for reference only. No matter what airdrop you choose, it is recommended that you have a basic understanding of the project and go to the official website and official community to learn more detailed interaction strategies. Try to Reduce your own opportunity costs.
