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Author Topic: How to farm airdrops on crypto?  (Read 495 times)
cryptoaddictchie (OP)
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January 13, 2024, 07:43:44 PM
 #1

This is only my opinion.

Find a tokenless project and research about their platform. Take note on the tokenomics on their docs. See if theres a community incentive rewards/airdrops of any allocation. This is one thing to note before doing anything.

Do these common task that probably present on their platform as they are still prelaunch their project.

-Bridging and swapping
- Adding liquidity
- Voting for proposals usually in cosmos eco or dao
- Minting NFTs releases
- Lending / Borrowing of funds
- buying domain names
- Staking some possible tokens like atom inj and tia.

And viola AIRDROP it is when the time they launch their project. How to spot if its good? Usually it is followed by big projects or dapps on Twitter and some OGs.

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January 13, 2024, 08:45:31 PM
 #2

I want to be more clear about some forms of spending money and some forms being free.

But in general, most of the projects that are considered potential airdrops for the community now have criteria that most of us only speculate about, and indeed, in your opinion, they are quite enough for everyone to meet many criteria.

I also quite like staking ATOM, because it brings quite clear airdrop benefits, along with the dynamism of L2, there are also many choices to be made and hopefully receive airdrops in the near future.









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January 13, 2024, 10:18:59 PM
 #3

Tokenless project? How easy is that to come by? For me I think that it doesn’t matter whether the project has a token already or not. Just find a newly launched project. One thing I know about them is that they are always looking to promote theirselves, so airdrops, giveaways, and such, are common to them. Some of them even reward community members for engagement on their socials. Idk how effective buying domain names are but I’ve seen a couple of people do that so maybe it works?



 

 

 

 

 

 


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January 13, 2024, 10:25:47 PM
 #4

I want to be more clear about some forms of spending money and some forms being free.

But in general, most of the projects that are considered potential airdrops for the community now have criteria that most of us only speculate about, and indeed, in your opinion, they are quite enough for everyone to meet many criteria.
That's true, most of the airdrops before are for free but this time, I guess that change is truly constant because these projects are also requiring the airdroppers to do some tasks and that's become a common thing nowadays. That's the reason why I am actually looking for airdrops that are for free without these much tasks but that's also the basis on how much you'll get if you contribute to their bridge, liquidity, etc. Well, it became a standard now.



 

 

 

 

 

 


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January 13, 2024, 10:28:16 PM
 #5

What of some airdrop that come in form of donation to assist their project? In this case, they make form and ask you to send a particular token to an address and also summit your address as you fill the form. Although they may be more risky but I have a friend that did one not long and receive good drop from it. Can we classify this as a very bad method to get airdrop? Some airdrop also ask you to do some daily task for points. Then token in form of airdrop are given base on point gathered.

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January 13, 2024, 10:32:04 PM
 #6

One of the platforms I am using to check some potential projects that will do some airdrops is DefiLlama: https://defillama.com/
They have a page which they will list some potential projects to do airdrops and also the most I am using is I am checking some chains, specific chain and it will list projects with their TVL and there you will also see if they have already tokens or not, then that's the time I am starting to participate in the project.

But be careful because not all listed or you can see in this platform are legit, so be careful also and double check everything.

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January 13, 2024, 10:37:19 PM
 #7

Tokenless project? How easy is that to come by? For me I think that it doesn’t matter whether the project has a token already or not. Just find a newly launched project. One thing I know about them is that they are always looking to promote theirselves, so airdrops, giveaways, and such, are common to them. Some of them even reward community members for engagement on their socials. Idk how effective buying domain names are but I’ve seen a couple of people do that so maybe it works?

Well, it's a good thing DeFiLlama has an airdrop section where we can see tokenless projects that can be farmed: https://defillama.com/airdrops



While we are up and about trying to find the next bewt project to farm in order to qualify for an allocation, don't forget to take the security of your wallet account very seriously — if you're not using Rabby wallet already, get it in place of Metamask.

Finally, don't forget to only approve tokens you're spending. Do not give max approvals ro contracts to spend your tokens so that if those contracts get controlled by a malicious attacker, they won't be able to transfer more than you set.

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January 13, 2024, 11:28:11 PM
 #8

Most of altcoins do not really get past the initial pump however there really would be no loss to still get some airdrops especially if its just for free

Probably a lot of these airdrops won’t really get value but if it does then consider yourself lucky doing a few tasks wouldn’t hurt but if a project requires you to deposit a specific amount of money then better check the project again because it might be a scam

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January 13, 2024, 11:49:28 PM
 #9

I want to be more clear about some forms of spending money and some forms being free.

But in general, most of the projects that are considered potential airdrops for the community now have criteria that most of us only speculate about, and indeed, in your opinion, they are quite enough for everyone to meet many criteria.
That's true, most of the airdrops before are for free but this time, I guess that change is truly constant because these projects are also requiring the airdroppers to do some tasks and that's become a common thing nowadays. That's the reason why I am actually looking for airdrops that are for free without these much tasks but that's also the basis on how much you'll get if you contribute to their bridge, liquidity, etc. Well, it became a standard now.
Perhaps some events from projects like OP, ARB,... have attracted a lot of attention and directed users to search for opportunities through similar criteria. I can feel that the projects behind it like L0, zksync, starknet, Linea, BASE, Blast,... are having a lot of active people. And it is also important to understand that competition, as well as more difficult criteria. But it's easy to speculate the big reward is the reason for the extra attention.

Although I don't pay much attention to free airdrops, I have to admit that during the bull cycle there are a lot of these, most of which come from social interaction tasks. But it must also be said that this type of airdrop space is quite garbage, and is often sh*tcoins, which may be a quality project that also exists but only encourages small rewards to users. Most recently I've been following $MEME farming, and when it comes to harvest, verification by spending still takes place to apply, but nonetheless airdropping everything is both easy and competitive.









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January 13, 2024, 11:54:50 PM
 #10

airdrops nowadays also require staking, but indeed there are some retroactive airdrop that only requires us to interact with smart contract but overall trend has shifted and staking is becoming more and more prominent, latest meme airdrop requiers staking, blast, manta, eigenlayer, and so on they all require staking certain amount of ETH and sometime the requirement is 1 ETH, might be difficult for those with lack of capital also there are concern that the whales are getting most of it, but I personally find it to be easier to follow just stake and thats it, no need to waste time doing some random thing that doesn't even guaranteed to be bountiful later.
but its still worth to do some retroactive by using the blockchain if certain blockchain hasn't released their token because there's always chance that they gonna release it later and some share of the token are gonna be distributed for airdrop for the sake of increasing the holders.

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January 14, 2024, 12:22:54 AM
 #11

Airdrop distribution is not a prerequisite for a project, even if it does not have its own token. It is necessary to study the roadmap, it is possible that there is no provision for airdrop distribution at all. But even if airdrop is provided there, in most cases you will have to wait a very long time, for example, the Arbitrum blockchain was launched in 2021, and airdrop was distributed only 2 years later.

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January 14, 2024, 12:44:34 AM
 #12

Airdrop distribution is not a prerequisite for a project, even if it does not have its own token. It is necessary to study the roadmap, it is possible that there is no provision for airdrop distribution at all. But even if airdrop is provided there, in most cases you will have to wait a very long time, for example, the Arbitrum blockchain was launched in 2021, and airdrop was distributed only 2 years later.
thats true, its possible that we are just doing free work for the devs, sometime some devs are trying to take advantage because its free marketing and free testing by the community with no guarantee of rewards at all.
thats why some devs refuse to say whether they are planning for an airdrop or not. i remember back then if im not mistaken some L2 if not L1 devs are refusing that they gonna have airdrop but eventually they make an airdrop.
i guess the appeal of creating our own token with having some share of token on our wallet is appealing but overall for any disciplined airdrop hunter out there that are so eager to get airdrop, don't be surprised if some of them are just don't have plan to create one.

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January 14, 2024, 05:21:28 AM
 #13

I also quite like staking ATOM, because it brings quite clear airdrop benefits, along with the dynamism of L2, there are also many choices to be made and hopefully receive airdrops in the near future.
Yes this one belongs to the part of airdrop where staking is invovled. A lots of good projects will likely to have airdrops with atom stakers.

Probably a lot of these airdrops won’t really get value but if it does then consider yourself lucky doing a few tasks wouldn’t hurt but if a project requires you to deposit a specific amount of money then better check the project again because it might be a scam
If you knew Galxe Campaign there are plenty of newly launch projects there. Maybe needed some gas fee to convey some task or to even get your reward via claiming but thats only that.

Some drops require supplying funds or contributing to TVL well I guess its not that of a hassle for someone who have funds.

Airdrop distribution is not a prerequisite for a project, even if it does not have its own token. It is necessary to study the roadmap, it is possible that there is no provision for airdrop distribution at all.
Oh yes. For airdrop hunters if token is the priority then make a strong conviction on which one youll do cause some might end up nothing have tokens.

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January 14, 2024, 06:37:56 AM
 #14

I prefer to stake on several chains that are trending, such as atom, osmo, tia for now.
and I also feel that some ways of getting airdrops have changed from a few years ago.

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January 14, 2024, 06:58:24 AM
 #15

Tokenless project? How easy is that to come by? For me I think that it doesn’t matter whether the project has a token already or not. Just find a newly launched project. One thing I know about them is that they are always looking to promote theirselves, so airdrops, giveaways, and such, are common to them. Some of them even reward community members for engagement on their socials. Idk how effective buying domain names are but I’ve seen a couple of people do that so maybe it works?
Every team behind a new project would do anything to promote their projects and hire a strong community to help them develop. We're not here to jeopardized the chances we have seen in the system, we exist everyday to try out new projects in the system, I'm never underestimating any project because the slightest possibility of a solid project can happen. You want to make coop cash from the market? It's simple, actively anticipate in new airdrops projects and ensure you complete the tasks involved, and most importantly, the project must have a solid roadmap which is the evidence of good promising future.

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January 14, 2024, 08:18:16 AM
 #16

I prefer to stake on several chains that are trending, such as atom, osmo, tia for now.
and I also feel that some ways of getting airdrops have changed from a few years ago.
Yes thats one thing to do but there are still other platform that prefers task and activity to issue airdrop and not just by staking. Galxe task proven that aside from staking eligibility.

But this is one of my favorite airdrop style since you dont get to do a stuff to get it just by holding and staking it.

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January 14, 2024, 09:30:16 AM
 #17

The most important thing to note about airdrops these days is you need liquidity to effectively farm and earn a reasonable amount (5-6 figures most likely  Cheesy).
From the task listed by the @op, mainnet activities are key to farm airdrop, if you are not ready to spend funds to bridge, swap, stake, lend/borrow, and provide liquidity, you can hardly qualify for most of these airdrops.
It is about spending more to get more.

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January 14, 2024, 10:59:02 AM
 #18

...Some drops require supplying funds or contributing to TVL well I guess its not that of a hassle for someone who have funds.

This type of early participation in the project seems to be the most preferable for those who do not have a lot of free time. But at the same time, he is the highest paid in the distribution of airdrop. Therefore, even if you do not have a large amount of money, you need to allocate at least a minimum amount for staking.

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January 14, 2024, 11:28:21 AM
 #19

I prefer to stake on several chains that are trending, such as atom, osmo, tia for now.
and I also feel that some ways of getting airdrops have changed from a few years ago.

You need to buy all those coin to stake and be careful on that because sometimes market volatility can trap you in a project for the long term. Just look at the current TIA price, don't you think its overpriced right now? The current price is driven by airdrop hype and there is a high chance that at some points there will be a massive dump in the price, and recent investors will be trapped in TIA for a long term. I think you can do task to increase your interaction with different smart contracts within the network so you don't need to hold those coin for a long time.









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January 14, 2024, 11:34:12 AM
 #20

This type of early participation in the project seems to be the most preferable for those who do not have a lot of free time. But at the same time, he is the highest paid in the distribution of airdrop. Therefore, even if you do not have a large amount of money, you need to allocate at least a minimum amount for staking.
Yes like in the case of some Binance backed project defis.


Btw I participated on Kinza Finance, a project supportef by Binance, have a referral code for 10% boost on your alloc if you bind the code. If anyone wanted to invest or supply some asset like stablecoin or bnb. I appreciate if you would use my ref code. Kindly dm me if interested.

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