Catching freebies
Today, I will discuss and update you on the activities that will likely get you retroactive airdrops of notable projects.
A few weeks ago, I went through potential airdrop opportunities on zkSync using the project’s testnet. The mainnet for the EVM-compatible ZK-rollup is set to launch on October 28.
The team will reset the testnet on October 11, which will erase all the activities and token balances on the zkSync 2.0 testnet. If your ETH balance on the zkSync alpha testnet is more than 0.005, you can bridge the tokens to Ethereum Goerli testnet by using the Orbiter Finance bridge before the reset.
zkSync testnet regenesis announcement. Source: zkSync Discord
To maximize your chances of grabbing the airdrop, retrace the steps mentioned in my previous email after the reset.
New Projects on Starknet
Starknet is a ZK-rollup on Ethereum built by the Starkware team that built scaling solutions for dYdX and Immutable X. Its Alpha mainnet launched in May, 2020, enabling users to bridge ETH to Starknet. While an airdrop for early users is not confirmed yet, the STARK tokenomics mentions 8.1% of the total supply in the unallocated section, which may still go towards users.
STARK token allocation percentages. Source: Medium
Besides the dApps I mentioned in my first mail, you can now test the following two DEXes for potentially gaining airdrops of their native tokens.mySwap is an AMM-based decentralized exchange built natively on StarkNet. It currently has only three liquidity pools with low liquidity. Considering that StarkNet is still in its Alpha stage and mySwap’s smart contracts are unaudited, the best way to use this exchange would be to swap using minimal amounts of ETH or USDC, as providing liquidity may be risky.
The same goes for 10KSwap, which is currently live on the mainnet with an unaudited ETH/USDC liquidity pool.
You can also trade NFTs on Mint Square. The floor prices of collections on the NFT marketplace are between $10 to $1,500.
Olympus Pro Merging with Bond Protocol
Olympus Pro is an application by the OlympusDAO team that helps other projects accumulate funds for future development in exchange for the project’s native governance tokens. Olympus Pro has sold bonds worth $18.7 million for various DeFi protocols.
The project is merging with Bond Protocol, which launched its beta version on October 3, 2022. Essentially, making Bond Protocol the only portal for selling DeFi token bonds. It also means that Bond Protocol can now have its native token for governance, liquidity management or share part of the protocol’s revenue. To become a recipient of a potential Bond Protocol airdrop, you can use the product now.
Its beta version currently enables the bonding of LUSD stablecoin for Shapeshift’s FOX token at a discount of around 5%, with a 14-day vesting period. Keep in mind that you will get FOX, which you will be able to sell, which will reduce the cost of your endeavor.
ShapeShift DAO bond on Bond Protocol. Source: Bond Protocol.
Did you like the content of this Email? Follow us on Twitter.
Our research team at SIMETRI is also constantly sharing alpha. So feel free to follow me: Nivesh, and my colleagues: Anton, Sergey, and Anthony.
Stay safe!