More and more blockchains and decentralised finance (DeFi) protocols are rewarding their early adopters by giving away free tokens via an airdrop. If you missed the one from Aptos (APT), here are 5 potential airdrops you shouldn’t miss.
Cryptocurrency airdrops are back
This week, the launch of the Aptos blockchain mainnet has animated much of the crypto community. And for good reason, it was possible to take advantage of a generous airdrop of one’s APT token, worth at least $1,000 in the first 24 hours.
If you missed it, don’t panic, this is not an isolated event. Token airdrop is a trend that has been as successful as decentralised finance (DeFi). At the beginning of 2021, there were countless protocols using this practice: Uniswap, PoolTogether, 1inch, Pangolin, Mirror… But in concrete terms, what does it involve?
When a DeFi protocol or a blockchain creates its own token, it can choose to distribute part of it for free in order to reward “early” users, i.e. those who have been present since the beginning. Sometimes, these airdrops can reach huge amounts, as in the case of dYdX or Uniswap (several thousand dollars).
After a quieter period, the trend of airdrops has come back in force with the arrival of second layer solutions on Ethereum (ETH). The first of these to airdrop was Optimism (OP), but many others are expected to do so in the coming months.
As our experts had explained on our private group of the Aptos Grille-Pain, it was enough to carry out some very simple steps to be eligible for this airdrop, the important thing being to do it before the announcement of the token and/or the launch of the mainnet of the blockchain concerned.
These steps will also have to be repeated with the 5 blockchains and protocols that we will present below and that could carry out an airdrop of tokens in the near future.
LayerZero
To begin with, it will be neither a blockchain nor a decentralized application, but a clever mix of both: LayerZero. It is likely that a token will be created soon, as there are already lines of code mentioning its existence and its name: ZRO. However, the airdrop has not yet been officially confirmed.
In concrete terms, LayerZero is an omni-chain interoperability protocol, i.e. it allows the creation of applications that function between several blockchains. In other words, the aim is to bridge all so-called EVM-compatible blockchains and pool assets and liquidity pools.
With a recent fundraising round of $135 million, which also saw the participation of PayPal, this airdrop of ZRO tokens could potentially prove to be significant. To try and take advantage of this, try using the few applications already launched on LayerZero, such as Stargate Finance for example.
Sui
The main competitor of Aptos, the Sui blockchain is now under the spotlight. The first point in common, these two blockchains use the Move programming language. Secondly, Sui has also raised a massive amount of money: 300 million dollars.
At the moment, the Sui blockchain is still in testnet. This is why it will be necessary to carry out some manipulations to perhaps obtain tokens and test the various decentralised applications (dApps) already available on the network, in particular the few decentralised exchanges (DEX) and marketplaces of NFTs.
Many are hoping that the Sui blockchain will offer them an airdrop on a par with Aptos. That’s why their Discord server is currently under attack. If you want to try your luck, you’ll have to be patient
Sei Network
Sei Network is one of the first layer 1 blockchains dedicated to a specific sector. It specialises in trading and every aspect of its infrastructure has been optimised to help exchanges work better and offer the best interface to their users.
An airdrop of tokens was confirmed several weeks ago. To qualify, users can perform a series of tasks on the testnet, such as connecting their wallet or placing buy orders on the Vortex exchange, and have them validated by simply filling out a Google Document.
Quai Network
Quai Network is an unusual layer 1 solution, based on a consensus called Proof of Work 2.0. It is defined as a modular infrastructure made up of several superimposed chains according to a principle called Merge Mining, which allows it to achieve better scalability performance.
With the announcement of its QUAI token, the possibility of an airdrop became somewhat clearer, as tokenomics plans to allocate 3% to the community. In addition, Quai Network has set up a rewards programme for its users via various social networks, including Twitter, Discord, YouTube and Reddit. Be active on these platforms to be eligible for an airdrop
Atlendis
Atlendis is a new kind of decentralised lending application. It offers asset-free lending solutions to institutional and corporate players in exchange for complying with credit audits. In other words, the idea is to finally attract these players to the world of decentralised finance.
To try and get an airdrop, you can deposit a few USDC in the two available liquidity pools. In addition to enjoying an attractive return, you could benefit from a potential airdrop in the coming months. Since Atlendis is based on the Polygon blockchain (MATIC), it should not cost you too much in transaction fees.
Bonus: StarkNet, ZkSync and other layer 2s
After the launch of the Optimism token, layer 2s on Ethereum were expected to be the driving force behind a new season of long-awaited airdrops. Although some have already publicly announced the upcoming release of their tokens, the airdrops are still overdue and it seems that it is still possible to qualify for them.
The two most anticipated are certainly StarkNet and zkSync. With relatively low fees, it doesn’t cost much to transfer funds and interact with the few protocols available. By the way, you will only need to use one wallet for StarkNet and zkSync, namely Silver X.
