「Cookie Airdrop's First Project Spark Hints at Token Release by End of Month」
The first entry on the Spark leaderboard is my tweet from yesterday, and I'm honored to be on the list for the first time. I won't update Spark if there's no content, but this post must be written because I've discovered signals that Spark will release tokens by the end of the month!
As usual, let's start off the same way, brothers, if you haven't received your points, comment #spark and I'll interact. The estimated value of Spark's airdrop is several million, and it's highly likely that everyone will receive a basic airdrop, so keep grinding for those points!
Yesterday dropped from 90 to 60, and by posting just one entry every three days, I've gained this many points. This also indirectly indicates that @cookiedotfun encourages everyone to create some truly useful content, not just project introductions, as that leads to excessive homogeneity.
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I've organized the possible airdrop earnings from Spark and how to earn the airdrop👇🧵
Today I discovered that @sparkdotfi shows that airdrops have been made!! With the recent expansion to more public chains, it seems to be a final sprint to raise TVL, and the launch should be at the end of the month.
In the first year, Spark will have 1.6 billion in circulation, and using AI, the estimated launch price for the project is 0.5-1 USD. You can now see the airdrop amount in real-time; I already have 22 tokens.
My other account directly used USDC to deposit USDS and showed 0 Spark. I checked the official documentation and found out that the rules are as follows👇
Here are the official ways to qualify for valid airdrops:
Provide wstETH, borrow USDS - includes USDS amount✅
Provide rETH, borrow USDS - includes USDS amount✅
Provide wstETH, borrow USDS, convert USDS to sUSDS - includes USDS amount✅
Provide ETH, borrow USDS - both ETH and USDS amounts are included in the airdrop✅
Supply rETH, supply ETH, borrow USDS - both ETH and USDS amounts are included in the airdrop✅
Provide GNO, borrow USDS - includes USDS amount✅
Provide wstETH, borrow DAI - includes DAI amount✅
Provide rETH, borrow DAI - includes DAI amount✅
Provide wstETH, borrow DAI, convert DAI to sDAI - includes DAI amount✅
Provide ETH, borrow DAI - both ETH and DAI amounts are included in the airdrop✅
Supply rETH, supply ETH, borrow DAI - both ETH and DAI amounts are included in the airdrop✅
Provide GNO, borrow DAI - includes DAI amount✅
Supply ETH - includes ETH amount✅
Provide ETH, borrow wstETH - includes ETH amount✅
Supply sUSDS, borrow USDS - loses airdrop❌
Supply sUSDS, borrow DAI - loses airdrop❌
Supply sDAI, borrow USDS - forfeits airdrop❌
Supply sDAI, borrow DAI - loses airdrop❌
Provide ETH, borrow ETH - forfeits airdrop❌
Provide wstETH, borrow USDS, deposit sUSDS as collateral - confiscates airdrop❌
Provide wstETH, borrow USDS, deposit sDAI as collateral - confiscates airdrop❌
Provide wstETH, borrow DAI, deposit sDAI as collateral - confiscates airdrop❌
Provide wstETH, borrow DAI, deposit sUSDS as collateral - confiscates airdrop❌
In simple terms, the correct approach is to use ETH to collateralize and borrow USDS on the borrow interface, and then go to the Point interface to deposit USDS in Pendle, so you can see the points and airdrops in real-time.
