The Ultimate Guide to Airdrops 🎁 | March 2023
Dear Bankless Nation,
Happy Friday! Didn’t qualify for yesterday’s Arbitrum airdrop? You should have! Bankless first warned you about it in our Ultimate Guide to Airdrops 17 months ago🤯
This month, we’re updating our predictions and are excited to announce the release of “Airdrop God Mode”!
- Bankless team
🚨 None of the information in this article is financial advice. All of it is for educational purposes only. Please, do your own research. 🚨
As the saying goes, crypto pays you to learn crypto, and airdrops are one of the best ways to earn and explore!
The Ultimate Guide to Airdrops is your home for alpha on web3 projects that you should be interacting with to maximize your chances of airdrops. No strategy is guaranteed, but the right tip may grant you a seat at the governance table of some of crypto’s hottest protocols, not to mention juicy financial returns! 📈
After working closely with our Citizens over a couple months of stealth building, we have some new feature updates! Airdrop God Mode allows you to view our entire airdrop repertoire, filterable by sector and chain, with analyst commentary on a drop’s likelihood.
This month we’re adding five protocols, available exclusively to our Bankless Citizens. 🙏
ether.fi
Name: ether.fi
Status: Unconfirmed 🚫
Confidence: Medium
Sector: Liquid Staking
Chains: ETH
Why we're watching:
An airdrop of ETHFI is a likely path forward for ether.fi. While the Protocol's doc section referencing "EtherFi DAO" and "ETHFI Token" are currently in the works, the whitepaper states that "decentralization is a primary objective."
Currently, this decentralization is observed in the non-custodial nature of ether.fi liquid staking, however, a token is an excellent way to decentralize protocol control and reward early community contributors.
What is it?
ether.fi is a liquid staking protocol that allows stakers to retain their keys and allows for the creation of a node services marketplace where stakers and node operators can enroll nodes to provide infrastructure services!
The Protocol plans to integrate with EigenLayer to provide node services and implement DVT-based key sharing when it is available!
Maximize your eligibility by:
☐ Depositing ETH or other popular Ether LSDs into ether.fi's Early Adopter Program to earn bonus points!
Learn More:
Trove
Name: Trove
Status: Unconfirmed 🚫
Confidence: Low
Sector: NFT Marketplace
Chains: ARB
Why we're watching:
While no explicit mention of an airdrop is made in the docs, gamification of NFT trading is a core feature of the marketplace. Future Trove improvements provide unlocks for various user levels, including profile customization and site personalization tools, and a Treasure-ecosystem interoperable badge and achievement system.
An airdrop is a useful tool to gamify marketplace incentives and improve on the delight Trove aims to provide Arbitrum NFT collectors.
What is it?
Trove aims to provide variety to the sea of existing NFT marketplaces available, marrying function with gamification and offering both collections and collectors alike a unique experience that has never been attempted before.
Maximize your eligibility by:
☐ Claiming your free TreasureTag.
☐ Purchasing eligible NFTs through the marketplace.
☐ Playing Treasure ecosystem games through the Trove UI.
☐ Participating in gaming tournaments
Learn More:
Pulsar Protocol
Name: Pulsar Protocol
Status: Unconfirmed 🚫
Confidence: Low
Sector: Exchange
Chains: ETH, ARB
Why we're watching:
The new kid on the Arbi-exchange block! While no official announcements have been made regarding a token, it is likely that Pulsar will follow the wei of competitive DEX protocols and launch a token.
Nascent protocols often work to iron out bugs and gain organic protocol traction prior to crafting an airdrop roadmap.
What is it?
Pulsar Protocol implements the "Time-Weighted Average Market Maker" (TWAMM) innovation of Paradigm Research to allow swappers to efficiently execute large orders across multiple blocks by breaking down large orders into an infinite number of infinitely small orders, executing transactions across time using an embedded AMM.
The result is lower slippage trade experience using a TWAMM, compared to AMM swapping models. Traders using Pulsar's term swaps have a similar experience to "Time-Weighted Average Price" (TWAP) orders in TradFi.
Maximize your eligibility by:
☐ Providing liquidity for Pulsar protocol.
☐ Conducting instant or term swaps through the front-end.
Learn More:
Base
Name: Base
Status: Unconfirmed 🚫
Confidence: Low
Sector: L2
Chains: ETH
Why we're watching:
While Coinbase has been absolutely clear that they have no plans on issuing a network token at the moment, regulatory clarity on token airdrops will likely clear the path for a BASE token.
Decentralization is key for any permissionless L2; Base chain is no different. While no token is currently in the works, you can certainly set yourself up to qualify!
What is it?
Base is an L2 from the Coinbase team built on the open-sourced OP Stack. As an L2, Base will inherit Ethereum's security, while providing users with faster transaction speeds and lower transaction costs. Base will likely serve as the hub for various Coinbase proprietary dApps and is intended to serve as an on-boarding nexus into Web3 for the exchange's 110M verified users.
Maximize your eligibility by:
☐ Minting a "Base, Introduced" NFT on Zora.
☐ Bridging assets to Base and interacting with the testnet.
Learn More:
Ondo and Flux Finance
Name: Ondo and Flux Finance
Status: Unconfirmed 🚫
Confidence: Medium
Sector: Asset Management, Lending
Chains: ETH
Why we're watching:
While Ondo Finance has already made $ONDO purchased in its CoinList token sale claimable, the documentation for Flux Finance -- a money market for Ondo assets -- provides room for the Ondo DAO to distribute additional tokens as they see fit, including via airdrop.
What is it?
Ondo Finance is a DeFi primitive bringing the fixed-rate, risk free yields from US Treasuries and Bonds on-chain. Flux Finance offers permissioned lending on Ondo securities and provides permissionless borrowing and lending markets for popular crypto stables, including DAI, USDC, FRAX, and USDT.
Maximize your eligibility by:
☐ Borrowing and lending stables or Ondo securities on Flux Finance.
Learn More:
Airdrop 👁️God Mode👁️
Sticking to mainnet for some reason? Tradoooor at heart with an addiction to degen leverage? Looking for decentralized insurance-like solutions to a potential CEX rug? Bankless has you covered!
Airdrop God Mode lists 47 high-quality, tokenless crypto protocols from every corner of the crypto industry and is sure to have an opportunity that catches your eye. Set yourself up for future profits by engaging in crypto NOW!
Your initiation to airdrop farming starts here.