The biggest Solana airdrop season in history is about to commence.
You have a huge opportunity to capitalise, with over a dozen protocols set to launch tokens in 2024.
🧵: Your ULTIMATE guide to attaining Solana ecosystem airdrops.👇
In this thread, I'll cover:
• The top Solana ecosystem airdrops
• How to qualify for them
• Tips to qualify FASTER with less effort (at the end)
Let's dive in. 👇
Over the last 38 days, $SOL has risen 178%.
This price rise has casted a spotlight upon the ecosystem, and has also substantially increased the value of Solana-based protocols.
This bodes well for airdrop farmers, as the financial opportunity is now significantly larger.
The increased interest in the ecosystem is also exhibited via Solana's TVL growth. It's the fastest growing chain this month, rising 121% to $563m in TVL.
There are over 20 tokenless protocols in the Solana ecosystem.
Many of which have been quietly building in the bear market.
But now that market conditions have improved, many are starting to pencil in dates for their token launch.
This paves the way for a huge airdrop season.
I'm going to break down all of the airdrops I'm focusing on.
This list will cover the primary ones I'm prioritising, with links to resources at the end which include some of the more niche Solana plays if you want to go deeper down the rabbit hole.
1. @DriftProtocol
Drift is a perpetual DEX. It's one of (if not the best) DEX built on Solana. Like all projects on this list, it is yet to launch a token.
How to qualify for an airdrop:
• Connect your wallet to Drift
• Trade on the exchange
• Provide liquidity to the Drift Liquidity Provider (DLP)
• Stake assets in the Drift Insurance Fund Vaults
2. @jito_sol
Jito is a SOL liquid staking platform, which offers MEV-powered staking rewards of ~6.8% APY on $SOL.
How to qualify for an airdrop:
• Stake SOL as jitoSOL on Jito
• Hold JitoSOL in your wallet (you earn 1 point per JitoSOL per day)
• Deposit JitoSOL into LPs in other DeFi protocols (you earn 2 points per JitoSOL per day)
• Refer others using their referral system
3. @marginfi
MarginFi is a money market on Solana which allows you to borrow and lend a variety of assets.
They have officially launched a 'loyalty points' program, which will likely contribute towards an airdrop.
How to earn points:
• Lend assets on MarginFi
• Borrow assets on MarginFi
• Refer other users to MarginFi
You can also Stake SOL as LST.
4. @JupiterExchange
Jupiter is a DEX aggregator, which allows users to get the best swap rates on Solana.
They also have limit order, DCA, bridge & perp trading features.
How to qualify for an airdrop:
• Swap on Jupiter (instead of DEXs directly)
• Set limit orders on Jupiter
• Set DCAs using Jupiter
• Use the Jupiter bridge
• Trade perps on Jupiter
5. @ZetaMarkets
Zeta Markets is an options trading platform, enabling users to effectively hedge risk against crypto market movement and events.
Zeta has an official points system which could bode towards a future airdrop.
Their points system is simple: For every $1 in taker volume, your Z-Score increases by 1.
• Deposit USDC and make some trades on the exchange.
6. @tensor_hq
Tensor is the leading NFT marketplace for Solana NFTs.
Tensor is another protocol with an official points system (similar to BLUR).
Here's how you can accumulate points:
• List NFTs from the top 100 collections
• Bid on NFTs from the top 100 collections
• Market make NFTs from the top 100 collections
7. @phantom
Phantom is the most popular wallet on Solana, with over 3 million users.
If a token ever launches, it may be a good idea to have retroactively built up some activity.
This one is simple:
• Create a Phantom wallet
• Swap tokens through the Phantom wallet
• Unlock the DRiP Phantom collectible
Now, you can approach all of these as seperate airdrops.
