Summary: The era of large airdrops from highly anticipated projects like Zksync and Starknet has passed. Now, airdrop strategies are more complex and require careful planning and investment. This article explores effective airdrop farming strategies for both low- and high-capital users, optimizing your chances of securing airdrops in the current market.
Table of Contents
1. A New Era, New Strategies
The opportunity for massive airdrops from promising projects like Zksync, Starknet, L0, Wormhole, etc., is no longer as prevalent. Projects have shifted their airdrop mechanisms, largely due to the rise of farming tools and platforms, making airdrop farming more competitive.
Some projects, like Berachain, might distribute airdrops via NFTs, while others like Monad require active community engagement. Most projects are moving towards a points-based system, often requiring significant spending on farming or staking, making it challenging for users with limited capital to compete.
Don’t be discouraged! There are still ways for low-capital users to participate, and opportunities abound. Let’s explore effective airdrop farming strategies with Click Digital! 👇
2. Airdrop Farming Strategies for Low-Capital Users (Suitable for High-Capital Users Too)
2.1. Farm Point-Free Projects
Low-capital users can focus on projects offering free point accumulation or those with token reward campaigns.
These often involve games where both free-to-play and paying users can participate. Free-to-play users need to be more dedicated, as nothing is truly free, right?
Examples: Telegram mini-app games, Super Champs, Pirate Nation, MetaCene, etc. (These are either over or nearing completion; these are just examples.)
Note: Not all point-free projects are worth playing. Conduct thorough research and start early in season 1 to avoid FOMO and potential losses.
2.2. Hunt for Whitelist NFTs
NFTs are becoming increasingly critical in project participation.
Look for projects offering whitelist mint NFT giveaways or those offering lower-priced mints, increasing your chances of receiving airdrops.
Example: Participants who minted Hairy The Bene NFTs received an A8 airdrop worth approximately $400. Wow, that’s fantastic!
2.3. Focus on Quality
Instead of chasing a vast number of projects, prioritize a few promising ones and focus on quality farming. This helps maximize your efforts.
2.4. Optimize Point-Farming Strategies
For projects requiring staking or adding liquidity to earn points, find ways to optimize your strategies to gain points across multiple projects.
Thoroughly research projects, understand their operation, and develop a plan to maximize returns.
Examples:
- Staking: Choose staking pools with high APY and low risk. Prioritize reputable projects with stable development histories.
- Adding Liquidity: Carefully consider the liquidity provision ratio, opting for tokens with strong liquidity to avoid getting stuck.
- Participate in Effective Farming Strategies: Yield Farming, Liquidity Mining, etc.
Be flexible and adapt your strategies to each project’s stage.
2.5. Farm New, Promising Trends
Explore and farm projects in emerging trends like SocialFi and GameFi.
Both SocialFi and GameFi still have projects under development and haven’t reached their peak.
Consider projects like Farcaster, FarQuest, Babylon, Nubit, etc.
3. Important Notes for Airdrop Farming
- Stay updated on new airdrop projects. Monitor airdrop websites, Telegram channels, Discord servers, etc.
- Thoroughly verify airdrop project information before participation. Ensure credibility, professional development teams, and clear roadmaps.
- Choose projects aligning with your financial capacity. Don’t overinvest in a single airdrop project; allocate funds wisely.
- Always secure your wallet. Never share wallet information and use strong passwords to protect your account.
4. Conclusion
This article shared effective airdrop farming strategies, hopefully guiding you towards suitable approaches and success in your airdrop journey. Remember to stay alert, research thoroughly, and select promising projects to optimize your returns.
Good luck with your airdrop endeavors!