Fast forward ≈2 months: Both Bitcoin & Solana continue to outperform ETH, despite the former being consensus bets for quite a while now.
The trend being your friend is why I'll continue to believe that the next speculative frenzy and lucrative airdrops will reside on BTC, Solana, or non-ETH-aligned chains: Hyperliquid, Berachain, Monad.
▫️ Hyperliquid: We've been farming since August '23. First Perp DEX to comfortably reside in the Top 75 (prediction).
▫️ Berachain: I recently I acquired some NFTs, w/ the bulk of the move/wealth creation likely occurring post-Mainnet launch by gambling on the chain.
▫️ Monad: I have zero exposure but I'm also the least bullish on it out of the three. Will gamble or farm native protocols upon Mainnet launch.
While Ethereum and Solana both had massive airdrop liquidity injections in the past 1-2 years (Arbitrum, Optimism, zkSync for ETH; Jito, Tensor, Wormhole for SOL), that effect has yet to take place on Bitcoin.
Bitcoin had a few solid airdrops such as Liquidium, Pizza, Merlin, and a bunch of Ordinals you received for holding NFTs, but nothing remotely close to Arbitrum on ETH or Tensor/Wormhole/Jito on Solana.
Which brings me to my next farm I went in with decent size ↓
---------------------------
Pointers 💡
▫️ Raised $11M, w/ additional undisclosed, solo round funding from none other than Binance Labs
▫️ Binance Labs being in the round doesn't guarantee a listing, but dramatically increases the odds
▫️ Had a record fee day yesterday, ranking #6 across ALL chains and protocols - even above Jito, Solana, Uniswap, PumpFun, Aave
▫️ Hands-off approach akin to Jito; you deposit liquidity and wait until 🪂
▫️ Gives you exposure to: Bitcoin price action, Solv Token, Babylon Token, and either Base (?), Corn, Bob, Fuel, or Pell Tokens.
2) Base: Buy $cbBTC via @JumperExchange, convert into SolvBTC, convert SolvBTC into SolvBTC.BBN: app.solv.finance/babylon?networ…
→ Hits: Solv, Babylon, Jumper, potentially Base
OR
2) Bob: Buy $WBTC on Arbitrum via Jumper, bridge to BOB via Orbiter, convert into SolvBTC, convert SolvBTC into SolvBTC.BBN on BOB: app.solv.finance/solvbtc?networ…
→ Hits: Solv, Babylon, Corn
→ Drawback: ETH Mainnet, but potentially the juiciest option due to 23.51% APY on top (no IL if you hold until 26 Dec maturity) and Corn being a Badger project (reached an absurd val. in 2021; they know how to make 'numba go up')
More options exist, such as Fuel Network (potentially a sleeper), Pell Network, or SatLayer, but I like to keep it somewhat simple. I mainly went w/ Pendle & Base.
As usual, this research is unsponsored, but I'm incentivized to dilute my own share by shilling my referral, so thanks for using it: app.solv.finance/points/8JPP65
🐦🔥
My second favorite tokenless Bitcoin eco project is @Lombard_Finance.
▫️ Similar Lego potential to Solv via their Vault: Lombard, Corn, Veda (and Babylon?) Tokens
▫️ OKX in the round = great listing potential
And no refs, which is arguably more bullish (but even Jito had refs)
Still believe neither Solv or Lombard will replicate Jito, and it will probably be some niche protocol coming out of nowhere w/ an unique use case that suddenly draws in all the attention and commands a high valuation.
I have yet to find it, but it will definitely happen on Bitcoin as the 'wealth generation airdrop effect' has yet to happen over there.
Aug 29, 2024 • 4 tweets • 5 min read
Long time no see.
The reason for my absence can be summed up by the fact that there hasn't really been anything exciting to farm since Wormhole, LayerZero, zkSync, Starknet, Jito, Tensor, and all other high-profile projects airdropped.
By now you should know that I only shill what I farm.
It's without a doubt that the dubbed 'Golden Year of Airdrops' is behind us. It became glaringly obvious after the most diligent farmoors walked away with literal high 6 / low 7 figs by manually pressing buttons for months on end since April 2023.
A literal free money glitch that was obvious to act upon the second Arbitrum airdropped a ridiculous amount of governance power.
As predicted, it is now fully institutionalized and has reached critical mass as most participants are now fully aware of how the playbook works —— not to mention the proliferation of sophisticated bots entering the arena.
To add fuel to the fire, market participants smartened up. Coupled with financial nihilism, this makes them less likely to buy VC bags anymore. They would rather gamble their money on pristine, top-of-the-creme memetic derivatives.
You essentially got a deadly mix of:
- Valuation compression
- Hundreds of Memecoins and VC coins entering the market → altcoin dilution (look at BTC dominance)
- Not enough participants to bid them all (unlike 2021)
The result of it is that while Wormhole initially launched at $17B FDV, the more pristine interoperability solution - LayerZero - launched at $4B FDV.
→ Less immediate money into the pockets of VCs and day-1 unlock Airdrop farmoors.
---------------
The last few promising projects that can reach a multibillion valuation after the conclusion of the golden airdrop era now gatekeep you one way or another:
Monad
Social activity.
Berachain
NFT pristine.
Both have a MUCH higher barrier to entry than LayerZero & zkSync - by a wide margin.
The last remaining bastion of hope is Hyperliquid, but there you're gatekept by being late (and not taking action when I initially shilled it in August 2023).
To maximize point extraction for Hyperliquid now, you'll have to buy spot tokens which generally trend downwards, so you'll have to run the numbers if the points they generate outweigh the negative PnL.
Almost every other promising tokenless project has a points campaign running, and more often than not, LIQUIDITY is the name of the game (with a linear skew).
---------------
That being said
Not all hope is lost.
Niche, obscure, under-the-radar projects will continue printing... forever
Case in point
I didn't claim the UWU / Unicorn🦄 airdrop out of complacency and because the latest Cosmos Memecoin airdrops were worth literal dust.
It turns out, the UWU Memecoin migrated to Solana and ran to a +50M valuation.
Given that I'm Sybilio and own A TON of Cosmos wallets (one of the main qualifying criterion), I literally missed out on a low 6 figures airdrop at the very least.
The fallacy of getting conditioned by numerous low-value airdrops, which made me fade the subsequent claiming process until it was too late.
It's like being conditioned by the bear, so you keep shorting BTC despite an obvious vibe/narrative shift and Blackrock bidding it to infinity.
Lesson
In Airdrop Land, you can't afford to fade ANYTHING; even if 95% of the projects you farm are very likely turds.
You miss 100% of the shots you don't take.
---------------
This is why I'll continue claiming those Scroll badges like a military general. There's always the off-chance that they'll get factored into the airdrop allocation of $SCRL. Especially considering that a lot of those badges have literally less than 2k users.
Apart from that, I'm providing liquidity for a plethora of Bitcoin Restaking Ponzis, even though a lot of them will likely result in 20-30% APR tops.
There's always the possibility that one of them will be an outlier and replicate Eigen or EtherFi (or zkSync).
The secret ingredient has always been to COVER ALL BASES and then make people believe you're an insider because you've literally done EVERYTHING humanly possible.
This inevitability makes you qualify for airdrop [X], as there is frankly no other criterion the project in question can use. You've literally done it all.
It's really that simple.
For Bitcoin Restaking Ponzis, here's the current list I'm in:
Solv
BedRock
Pell
Lorenzo
SatLayer
PumpBTC
Corn
Symbiotic (you can deposit WBTC)
BitFlow/StackingDAO (via STX)
Out of that list, I believe Symbiotic, Corn, and Solv are the most promising.
If you're in so many protocols, you don't even have to sybil - you can simply deposit from a single wallet into all protocols and have the same effect.
Might also add a little bit of FBTC via Fuse and Mezo.
All of those will likely only net 10-20% APR, but you never know.
They're all liquidity-based.
Might do a post in the future of the airdrops I'm farming that are still tx-based, but there are honestly not many promising options left.
Jul 24, 2024 • 20 tweets • 7 min read
Scroll recently launched Canvas
While Marks will likely dominate the airdrop, Canvas helps you stand out among a sea of identity-less addresses.
'On-chain data is 100x more provable than any other arbitrary data' —— Scroll Co-founder
Here's how to claim most available badges👇
First, you'll have to use a ref for a 50% fee discount:
This will already grant you marks based on your gas fees spent.
Due to popular demand, here's my updated, comprehensive Airdrop Guide on the zk-Rollup Vitalik himself strongly supports:
@Scroll_ZKP 📜
Introducing: 'The Road to Decentralization'
🧵⬇️
First, why should you interact with Scroll?
The answer threefold, and rather simple:
#1 – Community-Alignment
@Scroll_ZKP had a a comprehensive Galxe Campaign up, and they removed it within the SAME day after their community signaled dissatisfaction.
Cont.
Mar 18, 2024 • 4 tweets • 3 min read
Given how lucrative the EtherFi Airdrop turned out and with the Restaking Narrative not stopping until the biggest gorilla in the arena has its TGE ( $EIGEN ),
I'm now giving you the soon-to-be biggest player in the LRT space that vastly went under the radar
Meet @ZircuitL2
▫️ AI-enabled, modular zk-Rollup (we all know at what absurd valuations every single Ethereum-based L2 trades at; just look at Starknet)
▫️ Raised $18M from Dragonfly and Pantera
▫️ Received a grant by the Ethereum Foundation
The catch is that I publicly dilute alpha across my follower base to increase my ref sign ups - a trade offer so to speak; so keep the engagement low
This is not necessarily a bad thing, as the more eyes a project gets, the higher its eventual valuation. Study why projects conduct airdrops to begin with.
EtherFi x Pendle was a degen strategy that paid off 5x and which I mainly kept under wraps by only mentioning it in comments - this time is different.
Zircuit is a non-degen strategy; and your only risk is smart contract risk.
My recommendation is restaking with Renzo, and then depositing it into Zircuit for a 3-in-1 Airdrop Lego:
Eigenlayer, Renzo, Zircuit, + Yield and $ETH PA
As always, I'll claim clout post-airdrop, whether you join in on the fun or not
For now, all you can do is answer 4 quizzes, which will already grant you 30 LXP - for free
In 20 hours, the real 'fun' starts, with on-chain games.
As always, appreciate it if you use my ref, as it comes at zero cost
------------------
Very important
▫️ You have to pass PoH in order to receive LXP:
Tips on PoH
Group 1: Trusta is easiest by far; all you need is an active on-chain wallet. It's not retroactive, so you could boost your footprint, and then try again in 24 hours.
zkPass is simple as well, if you have a Coinbase or OKX CEX account.
Group 2: TrustaLabs, OpenID3, Nomis, and 0xScore are all quite easy to pass. You need 2 in that group.
------------------
Wormhole's recent $225M raise makes it a worthy contender in the interoperability sector, ranking just behind LayerZero.
In light of this, I've handcrafted a route w/ high odds to qualify you for $HOLE
8 Chains.
8 dApps.
2 Messaging protocols.
The Ultimate Wormhole Route ⭕⬇️
Our aim is to establish a deep on-chain footprint as it's a criterion for almost every airdrop.
Examples: Pyth, Celestia, Jupiter.
For $HOLE, it's as easy as interacting with dApps with the 'Powered by Wormhole' label.
We also throw in a few LayerZero txs for good measure.
⬇️
Oct 29, 2023 • 21 tweets • 14 min read
Aptos' 1st airdrop was worth over $1000, and you only had to mint a single NFT.
With over 51% allocated to the community and $0.0012 tx fees, Aptos presents one of the best risk/reward opportunities in airdrop land.
Introducing: Your high-odds guide to qualify for Round 2
🧵⬇️
⚫ SUPPLY BREAKDOWN by @its_airdrop
▫️ 51% is allocated to 'Community'
▫️ Out of that, 2.35% has been distributed via Airdrop #1
Speculation – the remaining 49% will go to:
▫️ Projects/Grants
▫️ Liquidity Mining Incentives
▫️ Airdrop #2 [and more, similar to Optimism]
▫️ TBD
Oct 21, 2023 • 15 tweets • 10 min read
Scroll launched less than 2 weeks ago, and the early bird usually gets the worm.
It's never too early to engage with technology Vitalik himself is a huge proponent of.
EVERY single ETH rollup has a token – here's your concise, early adopter guide to qualify for $SCRL
🧵⬇️
No long intro needed.
Arbitrum, Optimism, Celestia & co demonstrated all that truly matters is establishing a robust, organic on-chain footprint.
First, use a privacy-protecting rpc:
Now, let's engage with Scroll during the very first month of launch ↓ 1rpc.io
Oct 7, 2023 • 19 tweets • 17 min read
The Base Edge
$BASE will 100% have a token. 🪂
Once Gary Gensler is gone, Coinbase can freely decentralize its chain and onboard MILLIONS of users.
Base will flip Arbitrum.
Here's the only, comprehensive guide you ever need to qualify for $BASE and replicate $ARB.
🧵 ⬇️
Let's keep the intro short – why farm $BASE?
▫️ Transactions are dirt-cheap
▫️ Blue chip dApps already exist: Uniswap, Aave, PancakeSwap etc
▫️ Coinbase is catering to Normies -> easy to qualify
▫️ Arb = GMX | Base = Friendtech
▫️ Early innings of rerunning the $ARB playbook
Oct 3, 2023 • 13 tweets • 9 min read
#10 LayerZero α Dose – Niche Iceberg.
The finale is here. We dive deep.
Tasks so niche, you didn't know they existed or would even remotely trigger a LayerZero message.
... but might play a substantial role for $ZRO. 🪂
Keep reading if you're a true LayerZero Maxi. 👇
This guide consists of 6 different tasks that ALL trigger an unique LayerZero message/contract.
Only 2 are mentioned in some form on Twitter.
If you knew at least 3 beforehand, then you can consider yourself a true LayerZero Maxi.
Let's get started.
Aug 25, 2023 • 26 tweets • 19 min read
It's time to seriously make it – bear market or not.
Each transaction either interacts with:
• The big 6 [LayerZero, zkSync & co]
• A tokenless dApp w/ high airdrop odds
Ideally both.
It's best to split the route across a few days.
The sheer number of involved projects/synergies will blow you away.
⬇️
Aug 20, 2023 • 11 tweets • 7 min read
After qualifying for Connext's Airdrop, I'm on the constant lookout for projects:
• In the same sector
• With equally high Airdrop Odds
• $15M+ Funding
And I've just found the perfect match.
Even better: it also interacts with LayerZero!
Introducing: @JumperExchange
🧵⬇️
Jumper dubs itself as "Crypto's Everything Exchange"; essentially functioning as both a DEX and a Bridge Aggregator.
They raised over $17.5M back in April '23, led by @coinfund_io.
It took Connext only 2 months to airdrop after their raise.
I suspect Jumper is close too. 🐦
Aug 7, 2023 • 4 tweets • 2 min read
You want αlpha ? Here's αlpha.
Seasoned Korean multi-million net worth airdrop farmers that made it via $ARB / $APT are still hyperfocused on $ZRO and haven't even begun farming $ZKS...
But Crypto Twitter psyops you into 'snapshot taken' based off 10 month old data.
Base recently went live, and LayerZero already enabled numerous bridges!
One specific interaction is even endorsed by @LayerZero_Labs' co-founder. 👀
Here's your cost-efficient $ZRO x $BASE edge while everyone stopped farming.🧵⬇️ https://t.co/8wawz2MGkntwitter.com/i/web/status/1…
Funding
Coinbase: $498.7M
LayerZero: $293M
While it's not as surefire that Coinbase launches a token, I can almost guarantee you with 100% certainty $ZRO 🪂 will happen sooner rather than later.
$ZRO is your main course – everything else is a side dish.
Let's begin. 👇
Aug 5, 2023 • 9 tweets • 7 min read
LayerZero x Poly zkEVM – Airdrop Route
No engagement farming, no clickbait title, no long intro.
Just a smooth, little route with new interactions that might increase the size of your $ZRO bag. 🪂
Short guide 🧵⬇️ https://t.co/He6vaDXqbqtwitter.com/i/web/status/1…
This route will be entirely centered around cost-efficient LayerZero x Polygon zkEVM interactions.
With $ARB setting the bar at 50+ contracts, $ZRO will likely follow suit. 🪂
Here's where DFK comes in clutch, boasting OVER 20 unique interactions.
And the best part:
1 Transaction = 1 Penny!
Fishing for LayerZero contracts. 🎣 👇 https://t.co/3n3usQlG7Ntwitter.com/i/web/status/1…
Using all aspects of a pre-token project has always been generously rewarded.
I can’t think of many ways that are more organic than using contracts on a literal GameFi chain – Powered by LayerZero!
Make sure to use this guide in conjunction w/ my others to cover all bases.
Jul 26, 2023 • 12 tweets • 6 min read
Zora Airdrop Route ⚪
$60M in funding.
Airdrop hints in ToS.
Simple interactions.
$ZORA shows early signs of rerunning the $BLUR playbook with 5x the funding! 🪂
Here's my short guide on an airdrop hiding in plain sight. 👇 https://t.co/vRzmi7PiXetwitter.com/i/web/status/1…
Zora is an NFT Creation Platform, allowing anyone to seamlessly create & mint NFTs.
$60M in funding ranks it among the Top 10 best funded, tokenless crypto projects. 👀
VCs like Haun, Kindred and Coinbase Ventures will push them to tokenize for much needed exit liquidity. 🪂