Research Summary
The report discusses strategies for farming airdrops in the cryptocurrency market. It provides a step-by-step guide on how to identify potential airdrop opportunities, the criteria for selecting tokenless protocols, and tips for maximizing the efficiency of capital used for airdrop farming. The report also introduces Parifi, a decentralized perpetual trading platform, and provides additional tips and tricks for airdrop farming.
Key Takeaways
Identifying Airdrop Opportunities
- Use of DeFillama: The report suggests using DeFillama’s free dashboard for airdrops to identify potential opportunities. The platform allows users to filter tokenless protocols by Total Value Locked (TVL), which can then be researched for potential airdrops.
- Criteria for Tokenless Protocols: The report recommends focusing on tokenless protocols that have a strong community, have raised funds from venture capitalists, and are less than three years old. These factors increase the likelihood of a successful token launch.
Maximizing Airdrop Farming Efficiency
- Two Birds One Stone Strategy: The report suggests focusing on strategies that allow farming two airdrops at once with the same capital. An example given is trading using Syncswap DEX on zkSync, which could potentially qualify for the airdrops of both projects.
- Use of Multiple Wallets: For portfolios worth over $10K, the report recommends spreading funds across multiple wallets. This can increase eligibility for larger airdrops, as many are distributed across tiers.
Introduction to Parifi
- Parifi’s Features: The report introduces Parifi, a decentralized perpetual trading platform with features such as dynamic liquidity curve-based pricing, account abstraction, auto-compounding vaults, specialized liquidity pools, and fiat on/off-ramping.
- Parifi’s Tokenomics: Parifi’s utility and future governance token, $PRF, is expected to drive coordination and utility within the Parifi ecosystem.
Actionable Insights
- Explore DeFillama: Consider exploring DeFillama’s free dashboard for airdrops to identify potential airdrop opportunities. This could provide a starting point for researching tokenless protocols.
- Research Tokenless Protocols: Look into tokenless protocols that meet the criteria outlined in the report. These include having a strong community, having raised funds from venture capitalists, and being less than three years old.
- Consider Multiple Wallets: If your crypto portfolio is worth over $10K, consider spreading your funds across multiple wallets to potentially increase eligibility for larger airdrops.
- Investigate Parifi: Look into Parifi, the decentralized perpetual trading platform introduced in the report. Its features and tokenomics could offer potential opportunities for traders.
