I love free money! And the easiest way to make free money in a bear market is with crypto airdrops. However, finding airdrops that are worth thousands of dollars is a lot of work, and there are also tons of scams.
My research team and I spent many hours to find the right airdrops. In this video, I have 2 new potential and 1 confirmed airdrops lined up for you. So, let’s dive in.
Airdrop #1: Lens Protocol
Lens Protocol is a decentralized social network or graph. It is also known for having a low carbon footprint. That, right there, is already a nice bonus. It links to Aave, the lending protocol. They have the same owner, Stani Kulechov. He built Lens Protocol on Polygon. This seems a good choice. Especially if we look at all the recent big new partnerships that Polygon announced.
The Aave Fam is growing! It’s no secret that our team has been innovating in social media, with Lens Protocol to bring power back to users, right where it belongs.
To continue our mission, we’re thrilled to announce the acquisition of @Sonar, a mobile-first metaverse. pic.twitter.com/qlRTUFq1SO
— Lens Protocol 🌿 (@LensProtocol) December 5, 2022
Now, why would you want to get involved with a Lens airdrop? Well, that’s fairly easy, decentralized social identity will be big in the future. So, to get your hands on a Lens handle isn’t that easy. Only a specific group of people can claim, or you grind your way through events. I am not eligible presently, but wider access is about to roll out soon. Nonetheless, Lens currently already has over 105k profiles. Getting a Lens handle is important, so this should be your priority.
One way of getting a Lens handle is by following their Twitter account. They have regular updates on handle drops. But, to qualify for the potential airdrop, visit the apps that are already built on lens. As many as possible. Here are some suggestions. However, for most sites, you will need to Lens handle before you can enter.
The Lens Ecosystem
Here are some dApps that belong to the Lens ecosystem:
- Lensfrens — Check a variety of profiles and handles on Lens.
- Lenster — A social media app, think of Twitter.
- Memes — Make memes on Lens.
- InLens — Find Twitter peeps on Lens.
- Lensdrop —This allows you to airdrop tokens to.
Well, you get the idea, there are tons of dApps on Lens. The utilities range from music players to creating POAPs. Or how about posting all your Lens posts on Twitter. But most importantly, get a Lens handle!
🌱 Lens Protocol is a decentralized composable social graph enabling developers to make the next generation of social media, with their backend already done!
Here is what makes @LensProtocol such a game changer for web3 devs 👇
— Patrick Collins 🌪 (@PatrickAlphaC) December 12, 2022
So, do you already have a Lens handle? Let’s move on to #2, say hello to Spin.
Airdrop #2: Spin
Spin is a DeFi trading platform built on Near. That’s a good choice because Near has the best market cap/revenue ratio in the top 50 blockchains. So, before you can join this confirmed airdrop, you will need a Near Wallet and add some NEAR tokens in it.
We're the Top-3 dApp by the number of active accounts on @NEARProtocol 🥂
Credits to @awesome_near for your handy dashboards and let's keep growing 🪐
We're still at the very beginning of our thrilling journey 🪄 pic.twitter.com/Kgc0gMKkh0— Spin | Perpetuals LIVE ➰ (@spin_fi) December 13, 2022
And as we know now, after FTX, DEXs are doing good because they offer an alternative to CEXs. You are in control of your own keys, and a DEX requires no KYC procedure. Spin also claims to have the best combination of centralized and decentralized finance. All in one on-chain trading solution. Nice is to see how their TVL keeps growing.
Spin already launched a spot and a perpetual trading market. And the best part, an audit is in the can for them. That surely boosts trust in this platform. The SPIN token, that we’re after here, also has some good utility. For example, governance, staking benefits, as collateral, and for incentive programs.
The Spin Spot and Perpetual markets
So, to get a chance of qualifying for the airdrop, we need to visit the two working parts and follow these steps:
- Visit their spot market.
- Connect your Near wallet
- Deposit some funds
- Complete a few buys and sells.
The Spin Perpetuals smart contract is now one of the top 10 contracts on @NEARProtocol 🪐
Let's continue the uptrend 🪄 pic.twitter.com/z3zef3LIs4
— Spin | Perpetuals LIVE ➰ (@spin_fi) December 6, 2022
Currently, they have 10 trading pairs, all with USDC. For instance, NEAR, ETH, USDT, or wBTC. Here are the next steps:
- Visit their perpetual market.
- You need to connect your Near wallet again.
- You’re best off with some USDC.
- Try out their Long/Short options in the perpetual trading feature.
That should set you up for their confirmed airdrop. See their official tweet. And that’s it for Spin. So. we can have a look at our last airdrop for today, LiFi Protocol.
Airdrop #3: LiFi Protocol
Li.Fi is an advanced cross-chain bridge and DEX aggregator. They cover no less than 15 blockchains. For example: Ethereum, Arbitrum, Optimism, Fantom, and a lot more.
One SDK to go multi-chain 🦎
Offer your users:
– on-chain swaps
– cross-chain swaps
– arbitrary function calls
– cross-data messaging
= more complex strategies.We aggregated all the bridges, DEXs, and DEX aggregators so that you don't have to.
👉 https://t.co/wce08chMav pic.twitter.com/MFFXeSdxWg
— LI.FI – Powers any cross-chain strategy (@lifiprotocol) April 4, 2022
They connect some massive ecosystems there! And they are currently also the best bridge solution to/from Arbitrum. Their swap/bridge app looks cool and is easy to use. But how can you get your hands on this potential airdrop? It should come as no surprise that you need to use their bridge. Here are the steps:
- Connecting your wallet. They are all EVM chains, so a MetaMask will do. Any other compatible wallet is also fine. Sure, if you’re not comfortable with MetaMask right now, feel free to use another wallet. Make sure to have some funds in your wallet, so you can swap.
- Use their bridge: To move your assets around between networks. Be aware that transactions may take some time between certain networks. You will also have to pay gas fees for each transaction. Costs vary, depending on the chosen network.
👋 anon
The bear market blues have set in, and it might feel like the number only goes down 🐻
But, don't worry, the devs are doing something – especially the @lifiprotocol devs🦎
Here are 10 new(ish) things https://t.co/nlZEnr69I7 has achieved recently 🎤 pic.twitter.com/dMWG7hoqkL
— LI.FI – Powers any cross-chain strategy (@lifiprotocol) December 9, 2022
Well, that’s how easy it is to qualify for this potential airdrop. And that brings us also to the end of this article about airdrops. Are you comfortable bridging assets between various networks? For some of you, this may be a new experience.
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