The market has plummeted, might as well farm some rewards!
Little Gold Bean teaches you how to enter the farming circle and avoid pitfalls!
Let's all recover and increase our holdings together. Let's get started! 💃
1. Active interaction airdrop
This is the most common type of airdrop, applicable to public chains, cross-chain bridges, DEX, and other projects. Projects promote ecosystem prosperity by rewarding 'active users'.
Active measurement indicators are diverse: the requirements of each project are different, such as transaction frequency, active days, weeks, months, transaction amounts, product functions, etc.
Combat witch attacks: Some projects will specifically detect abnormal addresses, such as LayerZero.
Strategic advice
The wallet reserves relatively sufficient funds to enhance wallet quality, diversifies deep interactions, avoids batch operations of 'studio' behaviors, and focuses more on real usage.
Reference case
Arbitrum, Starknet, zkSync, and LayerZero were once the most popular projects in the farming community, and the final rules also have significant reference value. Due to content length limitations, everyone can search for more information on their own.
2. Task airdrop (Odyssey task)
Projects issue a series of tasks for users to complete, such as registering accounts, social sharing, community activity, completing transactions, or participating in voting. Completing tasks may yield points, roles, or direct rewards:
● Typical case: Linea's Odyssey task (2023-2024), earn LXP by completing various tasks.
● Features: A variety of task types, but may consume a lot of time and energy; some can be zero, while others require a certain financial cost.
Strategic advice
Avoid low-quality projects. Allocate time reasonably, prioritize completing focused tasks with potential and background airdrops for high-return tasks. Control participation costs and observe subsequent activities of high-potential projects in the long term.
Reference case
First recommend PUA master Linea as a reference case, although it did not issue tokens, it still has significant reference value, followed by some third-party task platforms, such as Layer3 and Galxe.
3. Points airdrop
Users earn points by following the rules designed by the project, and the project party distributes final rewards based on points:
· Points calculation method: includes deposit amount, transaction volume, etc., specifically determined by project rules. Typical cases: Blur, EigenLayer, and Restaking projects all adopt the points model.
Potential issues:
Final reward distribution is entirely determined by the project party, which can easily lead to user profit expectations being frustrated, essentially similar to early DeFi mining, but instead of mining direct profits, you mine points.
Strategic advice
Prioritize well-known projects, diversify funding across multiple projects to avoid over-investing. Review project official documents or announcements, especially community FAQs, to ensure understanding of detailed points rules and reward mechanisms.
Reference case
Blur, ether.f, EigenLayer, and Hyperliquid basically cover various track projects in the points airdrop model, and they are also relatively successful and well-known projects. Due to content length limitations, everyone can search for more information on their own.
4. Holding airdrop (snapshot airdrop)
Projects distribute rewards based on the wallet holding records at specific times of the snapshot:
Typical situation: Requires holding a certain token or NFT to meet the criteria.
Additional use: Sometimes it's a way for project parties to cater to 'insiders'.
Potential issues:
Some NFT projects are quickly sold at high prices after 'insiders' know the snapshot is completed, turning latecomers into holders.
Strategic advice
Pay more attention to industry hot spots in NFTs or tokens, do not recommend buying NFTs or tokens at high prices to seek airdrops, try to obtain project-related NFTs for free through the community as early as possible.
Reference case
The four projects, YUAN, Wormhole, Fat Penguin, and Zircuit basically cover the holding snapshot model, where NFT projects issuing their own tokens will definitely airdrop to NFT holders. Due to content length limitations, everyone can search for more information on their own.
