Potential Airdrops and Lending Platforms on Solana Network

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8 Jan 2024
102

7 anticipated digital currency giveaways in 2024.



Airdrop became very popular in the crypto community after 2023, several crypto projects provided airdrop with fantastic value such as Arbitrum (ARB), Celestia (TIA), and Jito (JTO).
This article discusses seven potential airdrops in 2024. It should be noted that the list mentioned is probable , so the existence of an airdrop is not necessarily certain.

Ageo Pond

Ageio is a staking platform on the Theta network. Users can do staking THETA to get returns in the form of TFUEL at the same time reward in the form token native Ageio (AGT).
Image: Event airdrop Aegio
Ageio held airdrop for the community through the Zealy event with a total of airdrop worth US$50,000 in AGT tokens. The steps are quite easy, just create an account Zealy and join the Ageio community. Furthermore, user can complete daily tasks and task others to collect as much XP as possible.
The first place with the most XP will earn US$10,000 in AGT. Ranks 2-10 will earn US$1,000 each in AGT. A total of US$16,000 in AGT will be distributed to ranks 11-100, the remaining US$15,000 will be distributed to all Zealy participants who stake on the Ageio platform. It should be noted that this event period runs from 3 January 2024 to 3 March.

Chimney

Kamino is a lending platform built on the Solana network. Based on DefiLlama data, this platform has total value locked (TVL) of US$ 197 million and is a lending platform a>second largest in the Solana ecosystem.
Image: Homepage Road. Sumber: Road
This platform does not yet have tokens so there is a possibility airdrop at a later date. Additionally, Kamino will introduce a point system that will likely be used to measure user activity on the platform.
To have a chance to enter the airdrop requirements, users can make lending < a i=4>and borrowing assets or depositing and borrowing assets such as SOL, USDC, and other available assets.
Image: k tokens the platform Road. Source: Road
In addition, on the Kamino platform there are k tokens or tokens in the form of liquidity provider < a i=4>(LP). There are four k tokens that are obtained by providing liquidity to the pool. Further, users can deposit these tokens as collateral.

Marginfi

Marginfi is the number one lending platform by TVL on the Solana network, with a TVL of US$335 million. Just like Kamino, Marginfi also has a point system used to measure user activity on the platform.
Image: System point on Marginfi. Source: Marginfi
The strategy for entering the requirements airdrop is still the same as the strategy on Kamino, because both are lending platforms< /span>assets or deposit and borrow assets such as SOL , USDC and other available assets.borrowing and lending . Users can carry out
Image: Token LST Marginfi. Source: Marginfi
The difference is, Marginfi has a feature liquid staking Solana, namely LST tokens. Users can carry out minting LST by depositing SOL. As of this writing (8/1/24), 1 LST is equivalent to 1.267 SOL.

Drift

Drift is a decentralized perpetual futures trading platform on the Solana network. Based on DefiLlama data, Drift is the platform with the largest TVL on the Solana network with a TVL of US$106 million. Apart from trading futures, this platform also provides lending and as on Kamino and Marginfi.borrowing
Image: Trading Window on Drift Platfortm. Source Drift
To potentially enter the airdrop requirements, users can open a position futures on the markets available on the platform. Users can also increase the trading volume to increase the airdrop allocation they get.

In addition, users can also perform lending and borrowing as done on Kamino and Marginfi.

Zeta Markets

Zeta Markets is the second perpetual futures DEX platform on the Solana network after Drift. The platform's TVL is US$13 million, well below Drift. This is because Zeta Markets only has a trading feature futures only, TVL is not supported from the lending feature like Drift.
Picture: Trading window on the Zeta platform. Source: Zeta Markets
Zeta Markets has a system point called Z-score . Users can obtain Z-score by opening futures positions. The bigger the volume of trading, the bigger the Z-score obtained. Most likely the allocation airdrop will refer to this point system.
Image: NFT Zeta Cards. Source: Magic Eden
In addition, users can multiply Z-score with NFT ownership Zeta Cards Magic Eden and Tensor. As this article was written (8/1/24), the price of this NFT is 0.213 SOL or around Rp300 thousand.marketplacewhich can be purchased through NFT

Staking On-chain TIA, ATOM, dan OSMO

The Cosmos ecosystem has received various airdrops recently, the requirement is to carry out on-chain staking Celestia (TIA), Cosmos (ATOM), and Osmosis (OSMO). It is worth noting that these three projects are popular projects from the Cosmos ecosystem
The Dymension modular blockchain project provides airdrop DYM tokens to those who carry out on-chain staking TIA and ATOM.stakersSAGA tokens to airdrop TIA, ATOM, and OSMO. Apart from that, the Saga.xyz crypto project also provides
There are many crypto projects related to the Cosmos ecosystem that do not yet have tokens, including: InitiaCaldera Astria, and Monad , which may provide an airdrop token with one of the requirements being to carry out on-chain staking.
To start on-chain staking, users must set up a Cosmos wallet, one of the popular ones is Keplr Wallet. After setting up wallet, users can send TIA, ATOM, and OSMO to wallet and carry out staking in the menu provided.
It should be noted that the selection of validators staking is attempted outside the top 20 to support the distribution of validator power. In addition, the greater the amount staked the better.

MilkyWay

MilkyWay is a liquid staking derivatives (LSD) platform for the crypto asset Celestia (TIA), which collaborate with the Osmosis network. It works the same way as platforms in general, such as Lido for ETH and Jito for SOL.
Image: Homepage MilkyWay. Source: MilkyWay
Users can do staking by depositing TIA. Users will get liquid staking milkTIA tokens as proof staking.
In addition, users can also become liquidity provider on DEX Osmosis by depositing milkTIA-TIA liquidity pairs. This activity will likely be one of the criteria on the airdrop.

That's a list of seven airdrop opportunities that you can try this year. It is important to note that the entire list in this article is only potential and not a certainty.


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