By Alex Liu, Foresight News

Will Sui usher in an airdrop season?

Announcing airdrop news at an ecological conference may be a new trend in project marketing. Last year, Jupiter, which announced that it would airdrop JUP tokens at Solana Breakpoint, attracted a lot of attention.

Recent signs indicate that many Sui projects may replicate Jupiter's operations, making the Sui Basecamp conference to be held in Paris, France from April 10 to 11 the beginning of a new round of Sui airdrop season.

Hints from Lianchuang

Adeniyi is the CPO and co-founder of Mysten Labs (Sui development company). A few days ago, he retweeted a tweet with a picture and commented: "Tell me what you see :-)". The picture has many parachute patterns and related images of different Sui projects - recognizable images include Fuddies and DeSuiLabs (head NFT on Sui), Tails by Typus (NFT, Sui option protocol), Aftermath Eggs (Sui transaction aggregator, DEX), FUD the Pug (Sui meme coin), etc.

Related tweets and comments retweeted by Adeniyi

When the order book liquidity protocol DeepBook tweeted an airdrop on March 29, Sui retweeted and commented, "Check your wallet? This is just the beginning of an interesting season." It seems to hint that the airdrop season is coming.

Related tweets and comments retweeted by Adeniyi

It seems that the airdrop expectations of Sui ecological projects are indeed not low. Let’s analyze several specific projects below.

Suilend

Airdrop clues

Suilend is a new lending project on Sui created by 0xRooter, the founder of Solend, a lending protocol on Solana. In addition to the confirmed airdrops to Solend users, there is a high probability that airdrops will also be given to users on Sui. On April 7, its official Twitter account posted a picture with only the date "4.8", which seemed to imply that there would be important news announced on that day. Adeniyi retweeted this post and added a ?️ rainy cloud emoji, which may be hinting at an airdrop.

Related tweets and comments retweeted by Adeniyi

Participation Guide

To obtain the lending protocol airdrop, deposits and loans are essential. However, unlike other permissionless lending protocols, to participate in Suilend at this stage, users need to hold the Suilend Beta Pass, an NFT pass. In addition to being obtained from events held from time to time by Suilend and its partners, this NFT can also be purchased through NFT markets such as tradeport, and the current floor price is around 11SUI.

Suilend Beta Pass related interface on tradeport

With the Suilend Beta Pass, you can go to the Suilend official website to deposit and borrow. Due to the SUI token incentives of the Sui Foundation, the interest rates of DeFi on Sui are quite considerable. It should be noted that borrowing on Suilend will charge a one-time borrowing fee of 0.3%. If you conduct operations such as revolving loans, it will take a long time to recover the cost.

Suilend official dApp related interface

SuiNS

Airdrop clues

SuiNS is the address domain name service on Sui, which was acquired by Mysten Labs last year. In January this year, Adeniyi conducted a questionnaire on X, the main content of which was "Should we make a core project of Mysten Labs completely decentralized?" 94% of people chose "Yes, and airdrop it!"

Related Tweets

The core projects of Mysten Labs mainly include Sui Network, Sui Explorer, which has been announced to be shut down, products such as zkSend and zkLogin, Sui Wallet, and SuiNS. SuiNS is the project that seems to have the highest probability of issuing coins and airdrops. On March 16, Adeniyi retweeted a tweet from the project that allowed domain name holders to enter Discord to obtain a verified role, and commented: "Do this now."

Related tweets and comments retweeted by Adeniyi

This has once again raised people's expectations for SuiNS airdrops, and the floor price of activated SuiNS Day NFTs that can obtain the Activited Day 1 NFT exclusive character in SuiNS Discord has soared from less than 50SUI to nearly 200SUI.

SuiNS Day NFT related page on tradeport, with the transaction price trend below

Participation Guide

The overall steps are to first become a SuiNS domain name holder and then enter its Discord for verification.

There are 5 types of DC character groups available, namely the Activited Day 1 NFT character obtained by holding an activated SuiNS Day NFT, the Whale character who holds 10 or more domain names, the Collector character who holds 5 to 9 domain names, and the most basic SuiNS Club domain name holder character.

SuiNS Discord character acquisition rules

It should be noted that you do not have to go to the SuiNS official website to register a domain name at a price starting from 20SUI per year to become a domain name holder. You can go to NFT trading platforms such as tradeport to purchase it at a cheaper price.

Official website to get the price of domain name

Floor price of domain names in the secondary market

To obtain the Activited Day 1 NFT character, you can purchase an activated SuiNS Day NFT on the NFT Market. Note that unactivated SuiNS Day NFTs are cheaper than activated ones, but they are worthless and cannot be activated. You can filter activated NFTs by setting the "active" feature to "true" on the Market.

After obtaining these domain names and NFTs, enter the SuiNS Discord and verify them in the domain-verify channel. Once the corresponding character successfully appears on the personal profile page, you're done.

Discord profile page display role

Navi

Airdrop clues

Navi is the largest TVL protocol on Sui, and its main business is lending. It has previously issued tokens through IDO on Cetus, but has not yet carried out token airdrops for users.

Sui Ecosystem Protocol TVL Ranking on DefiLlama

When a user posted a daily question, the Discord administrator said that there will be a conference in April and there may be big moves.

Navi has an ongoing points system, and its documentation states that points will play a key role in the "upcoming" airdrop.

Participation Guide

Go to the Navi official website to make deposits and loans. Points will be settled every Monday based on the relative ranking of deposits and loans. The weekly deposit and loan scores are capped at 1,000 points. The lower the ranking, the less points you get. For example, if you rank between 5% and 10%, you get 650 points. In addition to deposits and loans, there are also active points capped at 200 points per week.

Navi's score panel

Navi weekly score settlement

Tips: Navi lending does not charge a one-time fee. Clever revolving loans can generate higher points with lower capital. At the same time, 200 active points per week are easy to obtain, and most of the points can be obtained by claiming deposit rewards in time every day.