Pure dry goods! Teach you how to get 99% of the low-income airdrops in the cryptocurrency circle in three minutes.

CN
3 hours ago

Obtain the most stable returns in the least amount of time.

Written by: Biteye Little Sister

Edited by: Biteye Core Contributor Crush

The recent TGE of Scroll in October basically marks the gradual end of L2 airdrops. After the announcement of the airdrop criteria with points as the minimum threshold, Little Sister saw a poor soul with a score of 199.99 on Twitter, hhh~

Yes, the most concerning aspect of each project's airdrop criteria is the basic "qualification standard," as it signifies the difference between "0 and hundreds of dollars."

And if considering multiple accounts, it becomes the difference between "0 and tens of thousands of dollars." In this article, Little Sister will summarize the "minimum guarantee" standards of mainstream airdrops to provide insights for future project "minimum guarantee" strategies.

01 Click to Receive

1.1 UNI

  • Airdrop Time: 2020
  • Minimum Guarantee Standard: Anyone who used Uniswap before September 1 could receive 400 UNI airdrop, worth around 1000 USD per account.
  • Little Sister Rating: ⭐️⭐️⭐️⭐️⭐️

UNI opened the era of airdrops, truly a click-to-receive, as long as there was one transaction, one could obtain thousands of dollars in minimum guarantee.

1.2 DYDX

  • Airdrop Time: August 2021
  • Minimum Guarantee Standard: Simply depositing on the mainnet could earn 310 tokens, worth around 2000 USD per account.
  • Little Sister Rating: ⭐️⭐️⭐️⭐️⭐️

If UNI is the big fish of DEX, then DYDX opened the door for PERP airdrops. Just by depositing (no trading required), one could receive the minimum guarantee, and if there was a trading volume of over 1 USD, the amount of airdrop received would be even more.

However, it is important to note that there is a requirement to boost trading volume before claiming the airdrop, which also needs to be considered in the overall cost.

1.3 EIGEN

  • Airdrop Time: May 2024
  • Minimum Guarantee Standard: Users who deposited on the mainnet could receive an additional 100 tokens, and LRT users before March 15 could also receive an extra 100 tokens, worth around 400 USD per account.
  • Little Sister Rating: ⭐️⭐️⭐️⭐️

When the rules were first announced, EIGEN did not provide a minimum guarantee but distributed tokens based on points, leading to some accounts with minimal deposits not receiving airdrops, which drew widespread criticism.

The team quickly adjusted and announced new rules that were more favorable to retail investors. All users who deposited on the mainnet before the announcement, in addition to the tokens earned from their own points, would receive 100 tokens as a minimum guarantee.

Additionally, earlier LRT users (before March 15), such as Renzo, could also receive 100 tokens. We must acknowledge that the EIGEN team's vision is quite broad.

1.4 PIZZA

  • Airdrop Time: June 2024
  • Minimum Guarantee Standard: Users who transferred using the unisat wallet or used the unisat platform within the three months from February to May 2024, worth around 600-800 USD per account.
  • Little Sister Rating: ⭐️⭐️⭐️⭐️

Pizza is another big fish in the BTC ecosystem, very straightforward; just using unisat for one transfer meets the requirement. However, the snapshot start date coincided with the decline of the inscription craze, and many players did not use BTC wallets during that period.

1.5 ZIRCUIT

  • Airdrop Time: August 2024
  • Minimum Guarantee Standard: Users who deposited ZIRCUIT on the mainnet could receive 115 tokens as a minimum guarantee, worth around 15 USD per account.
  • Little Sister Rating: ⭐️⭐️

The ZIRCUIT minimum guarantee is not particularly valuable, but due to the low ETH gas fees at the time, the cost was also very low. Some accounts managed to keep costs under 2 USD, and if done in bulk, there was still a decent return ratio; it is said that Feng @0x0xFeng created 2000 accounts.

02 Multiple Uses

2.1 Optimism

  • Airdrop Time: May 2022
  • Minimum Guarantee Standard: Use the official bridge to cross to the OP chain or use the OP network for at least two days (with a 24-hour break), worth around 800 USD per account.
  • Little Sister Rating: ⭐️⭐️⭐️⭐️⭐️

OP is the pioneer of L2 airdrops, and due to the relatively low costs of L2, it also marked the beginning of multiple account airdrops. The OP minimum guarantee is very simple; just use OP twice with a gap of more than a day. Other qualification conditions are also quite simple, such as using OP in four separate weeks, etc.

2.2 Arbitrum

  • Airdrop Time: March 2023
  • Minimum Guarantee Standard: Scoring system, at least three points, with the simplest three criteria being: cross-chain to ARB, TX>4, and usage in two separate months, worth around 800 USD per account.
  • Little Sister Rating: ⭐️⭐️⭐️⭐️⭐️

ARB was a breakout airdrop, with a very low cost to obtain the minimum guarantee, and the entire process was quite simple. Many single projects rushed to A7. After the ARB airdrop, it officially began the era of studio airdrops.

2.3 STRK

  • Airdrop Time: February 2024
  • Minimum Guarantee Standard: TX>5, usage time>3 separate months, trading volume>100 USD, on-chain balance>0.005 ETH. All conditions must be met to qualify for the minimum guarantee, worth over 1000 USD per account.
  • Little Sister Rating: ⭐️⭐️⭐️⭐️

The STRK minimum guarantee rules are a standard "multiple uses" rule, with certain requirements for transaction quantity, usage time, and trading amount, but they are not overly strict.

However, one controversial requirement is that the balance must be greater than 0.005 ETH. This "one-size-fits-all" standard disqualified many DeFi users who had funds deposited in lending or liquidity pools. Additionally, in L2 networks, such a high amount of ETH is not needed for gas, which also led to another group of users being unable to meet the airdrop conditions.

03 Points System

3.1 Zksync

  • Airdrop Time: June 2024
  • Minimum Guarantee Standard: All qualifying addresses are granted $ZK, but tokens that do not meet the 450 $ZK minimum guarantee threshold will be reclaimed, with a minimum value of only 100 USD per account. Based on actual conditions, funds over 100 USD must be stored long-term in DeFi protocol liquidity pools to meet the minimum guarantee standard.

Since 2022, L2 projects have mostly adopted "multiple uses" standards to determine minimum guarantees, leading to a surge of studios entering the space.

The Zksync project took a different approach by adopting a points system, with the accumulation of tokens based on TWAB, or Time-Weighted Average Balance. In simple terms, the more money you deposit and the longer you keep it, the more airdrop you receive.

If you interact with Zksync in the same way as OP, ARB, or Starknet, transferring large amounts, swapping, depositing and then moving funds in a train-like manner to the next account, you are likely to end up with nothing because your weighted time is too short.

3.2 Scroll

  • Airdrop Time: October 2024
  • Minimum Guarantee Standard: A score of over 200 is required for the minimum guarantee, with badges providing extra points (up to 60).

Scroll is an L2 project that puts its points airdrop in the spotlight, also using the TWAB mechanism, and the 200-point minimum guarantee threshold was something most people anticipated.

Based on Little Sister's actual case, she deposited 0.16 ETH to exchange for Stone at the end of May but did not deposit any into DeFi protocols, ultimately scoring 190 points.

Depositing into lending protocols or liquidity pools would yield higher points, so it can be concluded that depositing 0.15 ETH in DeFi protocols for over 4 months can qualify for the minimum guarantee.

3.3 Puffer

  • Airdrop Time: October 2024
  • Minimum Guarantee Standard: A score of 1001 points or above.

Puffer had an initial activity where registering rewarded 1000 points, along with invitation rewards, allowing users to obtain the minimum guarantee without needing to deposit money.

04 Premium Account Rewards

4.1 TIA

  • Airdrop Time: October 2023
  • Minimum Guarantee Standard: Active addresses of early adopters of Ethereum rollups (users with mainnet, OP chain, Gitcoin donations, and ENS activity may qualify), worth around 200 USD per account at launch, but later benefits are greater.
  • Little Sister Rating: ⭐️⭐️⭐️⭐️

Modular projects represented by Celestia are more infrastructure-oriented compared to L2, with many partners. Therefore, you may unknowingly have interacted with the project, and the TIA airdrop reminds us of the importance of ensuring each account has mainnet interactions, ENS, and Gitcoin activities.

4.2 AVAIL

  • Airdrop Time: May 2024
  • Minimum Guarantee Standard: Active users of Rollup (ARB, OP, Polygon zkEVM, Starknet, and Zksync)
  • Little Sister Rating: ⭐️⭐️⭐️

The project did not clearly state the standards for active Rollup users, but based on actual conditions, it is quite competitive. Neither Little Sister nor her brother's EVM addresses met the requirements, but her brother's Starknet wallet with a higher balance received several airdrops.

Additionally, some group members reported that addresses that interacted with zkEVM easily met the requirements, and some wallets that had interacted with Zksync inscriptions also received the minimum guarantee.

05 Summary

5.1 Changes in Difficulty and User Challenges

From a timeline perspective, the development of airdrops has evolved from "click to receive" ➡️ "multiple uses" ➡️ "points system," with increasing difficulty.

Indeed, in 2024, there will still be "click to receive" opportunities like Eigenlayer, but this is based on the strong capabilities and good vision of the project team.

This is also due to the fact that early Eigen had time-limited pool openings, resulting in higher gas fees.

From the results, even if you deposit 10 USD, you can still receive the minimum guarantee, but it takes a lot of courage to spend high gas fees to deposit multiple accounts in bulk, as most projects will not reward you for doing so.

I believe there may still be "click to receive" opportunities in Babylon for the following reasons:

  • The number of addresses in the BTC ecosystem is inherently low, with great potential, having precedents like the previous Symbol and PIZZA airdrops;
  • Babylon also has a cap for each round, with a short time window.

However, this type of airdrop will definitely become less frequent in the future due to increasing competition.

Additionally, clear airdrops like ARB will also become rarer. Although not explicitly stated, the returns after token issuance may be higher. This is because non-transparent airdrops usually have less intense competition, allowing for more creativity, which tests users' ability to explore and strategize.

5.2 Strategies for Points System Projects

I personally believe that points system projects should focus on minimum guarantee accounts, as projects like Blast and Mode will lock up the wallets that rank at the top.

The best outcome for premium accounts is that rewards are released linearly according to points, but this makes it inconvenient for project teams to operate "mouse warehouses," so it is not advisable to only create premium accounts. Instead, at least half of the funds should be in premium accounts, paired with half in minimum guarantee accounts; this strategy may be more prudent.

Minimum guarantee accounts should rank in the top 30% of points. Based on existing experience, it is necessary to deposit equivalent tokens of 100 to 200 USD or more when points are first launched, preferably depositing into DeFi protocols, such as lending or liquidity pools.

Additionally, some projects can increase points through methods like circular lending (be cautious of risk), such as BOB. However, projects like Scroll have clearly stated that the amount of funds from circular lending will not be considered.

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