1/ Certain individuals are running operations sybilling crypto projects and netting upwards of $500k for each big airdrop.
I've talked with a whale who made millions of industrial farming airdrops
Here are the main takeaways
Solana has an abundance of EXTREMELY high-caliber projects that have NO TOKEN and VERY LOW COMPETITION
Now is the absolute prime time to take on the opportunity.
Iโve compiled the MOST comprehensive Solana Eco Airdrop guide, save it and say thanks later.
Let's be honest: 99% of airdrop threads repeat the same stuff.
Because it is simple. However, the devil is in the details ๐
Introducing my personal strategy to maximize chances for $ZRO AIRDROP ๐ช from
@LayerZero_Labs
Follow the thread to separate yourself from the masses.
Arbitrum has announced a massive airdrop yesterday ๐ช
Thousands of people received six-figures worth of $ARB and made life-changing money
Here is the ULTIMATE TUTORIAL on everything you need to know to start getting those juicy airdrops ๐งต
Found out that you can buy airdrop farming services through tg channels. Here is price list per address for fun:
- Arbitrum 62$
- StarkNet 60$
- zkSync 42$
- Aztek 52$
- LayerZero 79$
You'll get a team of students farming all activities for you
ITS SO OVER
.
@Claystack_HQ
kicked, banned, and discredited honor of core contributors after we presented collective letter to team. In that letter, we asked for the team to treat us with respect and inquired about the long-promised compensation for 8+ months of work. Please read to the end
Top chains ranked by UX:
1) Arbitrum - 10/10 - low fees, super quick
2) Optimism - 8/10 - doesn't feel as fast as arbitrum (purely subjective)
3) Ethereum - 6/10 - robust but expensive
4) Solana - 5/10 due to outages; 10/10 on most days, but 0/10 during outages
5)
UNDER RADAR EARLY AIRDROP GEMS
It pays to be early. A day difference can make or break the idea: on the first day of Blur airdrop 3, you could make 2k+ points in a day with under 5 ETH
Here are some of MY PRIVATE early airdrop GEMS that are barely shared on Twitter
Choose crypto. Choose MacBook, iPhone, Ledger, and a 2nd monitor. Choose incentivized testnets. Choose ambassador programs. Choose farming airdrops until you run out of ETH or will to live.
Game plan for $ARB:
- under $1 buying
- $1.2 to $1.7 sell 30-60%
- $2 market sell all
I'll also try to catch the first candle but I don't have high hopes for that
Expect FDV to stabilize around $15B. Key diff with $OP is a larger circulating supply ยฑ7% vs ยฑ12% for $ARB
1/ In less than 24 hours, over 600,000 wallets will attempt to claim their $ARB tokens.
The rule is simple: the faster you are, the richer you become.
Let's see how you can gain an edge over all the airdrop farmers.
Today we are diving into an upcoming $400M valuation mastodon and the most exciting project in Cosmos Eco -
@SeiNetwork
Read on to learn about killer features and how to get token exposure before the upcoming TGE
@Delphi_Digital
released a report titled "Future of Crypto Gaming". It is a goldmine of information and insights into the past, present, and future of gaming (powered by crypto). I've read and summarized it so you don't have to. Enjoy!
.
@monad_xyz
Labs in talks to raise more than $200 million round led by Paradigm, valuing the Jump Crypto-linked startup at $3 billion: Fortune
nads keep winning
While everyone says itโs still early for Solana, I think itโs time to move on to greener pastures for now.
Solana eco largely played out, only Wormhole, Drift and NFT markets left
Be ahead of the crowd. Currently looking at Starknet ecosystem plays - similar vibes to early
Connext launched anti-sybil community program (Hop style)
Now people are dispersing dust across all eligible wallets and reporting them as sybils
What a clown fiesta lmao
the state of airdrop game
Someone is selling 70k Linea campaign wallets at 0.7$ = $49k
Next stop 1m+ wallets to make 5 figs while VCs proudly report growing number of active addresses
Just had a call with someone who made $1M+ from a single airdrop (dydx), going from $50k NW to $1M+ in a matter of few days
You just have to get it really right once.
Funds stuck at Kucoin
Tips for the future urgent withdrawals:
- Don't withdraw stables, swap to other crypto assets. Stable reserves run out first.
- Try withdrawing through less popular networks/use wrappers. Helped couple of people save their crypto in FTX collapse by
.
@monad_xyz
discord is an experience
- Keone pops in from time to time to answer any smart or silly questions
- Bill is constantly shipping new events so we all get to interact with each other
- Discord vibes & culture immaculate
Community is a ground layer for any crypto
Sei leaves a sour taste.
Be an ambassador with Sei for a year, contribute - get $40 to $200
Don't do anything, spend 2 mins to bridge for fake volume - get $1k
That ain't right. And you aren't tricking anyone with fake metrics
@SeiNetwork
Same thing is happening with L0.
Someone dusting all addresses that interacted with L0 in hopes of creating a sybil cluster
Leads to some wild graphs on Arkham
Connext launched anti-sybil community program (Hop style)
Now people are dispersing dust across all eligible wallets and reporting them as sybils
What a clown fiesta lmao
Wormhole trading at $17B FDV
17% of the total supply allocated to airdrop or $2.9B
If you count the price of the spot at the time of the airdrop, this is going to be the biggest airdrop to date in dollar equivalent (assuming futures price holds)
.
@LayerZero_Labs
should check for UI footprint on
@StargateFinance
when separating real users from bots.
There are a couple dozen of products that offer software for farming. 99.99% of such bots do not interact with the front end.
If zkSync has 1M users, Iโm 1000 of them
If zkSync has 100k users, Iโm 1000 of them
If zkSync has no users, they announced token sale instead of an airdrop
> create airdrop points campaign
> attract farmers & 10x TVL
> put protocol on the radars of CT
> complain that people ask questions about points & tokens
> arrogantly say gtfo if you here because of token
Alright then...
Sorry but u are building yet another lending, not a
Feel like some of the "points" campaigns are gonna run for extremely long time, diluting everyone in the process.
Anyways if the team says its not worth farming, then im happy to oblige and withdraw
The reality of airdrop farming is that you grind for months on end without anything to show for it.
You get angry, frustrated and give up.
Then one 6-7 figure payout hits like lighting strike in your mind and gives you a boost for couple of months.
Rinse & repeat
Since I've been getting a lot questions about "next big airdrop"
- target large infra projects (L1s & L2s)
- no one knows about snapshots, not me, not anyone else
- prioritize on-chain
Let's refresh, repeat after me: zkSync, LayerZero, Starknet, Aztec, Sui, Sei
Paradigm leads $225 million round for Monad Labs, which is building a layer-1 blockchain to take on Ethereum and Solana: fortune
Monad did it. Future of EVM backed by Paradigm
1/ Sybil attackers have become sophisticated and almost undetectable on-chain
Have there been any successful cases in defending against sybil attacks?
Let's take a look at 3 cases from the past and what we can learn from them
Wormhole is gonna be one of the biggest airdrops of 2024
Feeling so underexposed
On the side note, looks like Nads are gonna get some piece of the pie, so thatโs nice
Never have I ever believed in something more than I believe in
@monad_xyz
- Clear value proposition: dominant standard (EVM) with the throughput of high performance chains (SVM & MVM)
- Team with years of experience in HFT
- Cult following. Nothing above matters w/o community
Sold W, bought back more lower
Not even gonna pretend that I know how to assign a
fair valuation in this market but think bottom is close
What I know is that
@wormhole
๐ค
@monad_xyz
. And that's enough for me to hold at any valuation.
nads on top ๐
Feel like some of the "points" campaigns are gonna run for extremely long time, diluting everyone in the process.
Anyways if the team says its not worth farming, then im happy to oblige and withdraw
"Low on engagement? watch this
@monad_xyz
"
Is actually absurd. Any posts mentioning Monad are blowing up just like that. There's no second best community.
Considering just tweeting gmonad for a month and see where it takes me
.
@Starknet
could become the safe haven from hacks with all the account abstraction features (e.g., 2FA, ability to change private key)
On the other hand, I still remember when they wiped the balances if you didnt update your wallet.
Let's talk about "contributions"
In communities, contributing is how to achieve things
However where people go wrong, is they contribute what they think the team wants to see โ
Whereas they should be contributing what their community want to see โ
How do you know if you've
In no particular order, here are the projects that genuinely excite me:
@monad_xyz
tps goes brrr, gud memes & culture
@GyroStable
decentralized stable with a lot of safety mechanisms
@tapioca_dao
first *real* omnichain lending with a fresh take on tokenomics (Happy to
Listen - selling is not a crime. Anyone sell shaming is redacted. Check the image below for airdrop price action (soz don't know the original source)
That being said I believe that $ARB is worth holding long term, that's a top 10 Coinmarketcap project 100%.
That doesn't mean
Everyone just talk their books
In what world airdropping by the exact parameters 99% of airdrop farming software works is a good design?
Excluding any ecosystem participation?Not accounting for any other assets on the network? Arbitrary snapshot date without checking the
Wormhole by definition connects two points in space time
The first one was where you got free money
The second where you have negative PnL despite receiving free money
Where I'm parking my stables
@perenniallabs
evolution of GMX. You are the house: traders lose = you win. Got rekt in their ARB pool. Expecting airdrop to LPs
@azuroprotocol
GMX for betting. You are the house. Lately, LPs have printed like crazy. RIP bettooors. Airdrop to LPs
I think there's only one project that truly deserves the hate for not dropping a token - mะตtะฐmะฐsk
They teased an airdrop for years to drive volume to in-wallet swap that charges outraging 0.875% per swap.
Whenever they feel like they want to make a casual couple of mills,
ETH is a good bet rn for the simple reason:
The total valuation of L2s built on top of ETH has a direct correlation with ETH price. My thoughts & estimates:
- $ARB at 15B will add ยฑ20% to ETH
- zkSync at 5-10b will add ยฑ10% to ETH
Why does it affect ETH price? ๐
> be
@ConnextNetwork
> talk about & actively involve community in anti-sybil campaign
> create a toxic clown fiesta where everyone is trying to game the campaign
> Claim opens
> Only hardcore sybillers are claiming
It should be a common knowledge that you can't separate
1/ Recently an OG on-chain game,
@wolfdotgame
had a 1 year anniversary. This risk-to-earn, no-mercy on-chain game is truly one of a kind.
Let's dive into the world of strategy and game theory, ruled on-chain by the Wolves.
Remember when I posted original thread about industrial sybil farming *checks notes* two years ago, most of the comments were telling me that Iโm making up numbers for clout and attention
FOMO is something I've been struggling my whole crypto journey. Missing out on [A,B,C] still brings back painful memories.
When I think about it, I believe it all boils down to feeling of shame. "How could you have missed it? Are you an idiot? This was on to-do list for months,
2/ Disclaimer I do not endorse sybilling, I actually want projects to stop fking raining money this way so I can stop feeling intense FOMO, ty
With that said, this is BY far easiest way to build insane wealth without any advanced skills.
Couple of comments based on replies:
Starknet - too late
L0 - overcrowded, might be too late, everyone and their pet already have active addresses there
Base - not expecting token anytime soon, but bridging and activating your address(es) on the network is always a good
Btw discord roles, guild activities, discord exp, crew3 etc are not worth your time
Something may change in the future but Iโll continue to skip those activities for now.
Kinda miss the previous cycle DeFi/MEV threadors on twitter, now it's all memecoins and to a lesser extent airdrops
In hindsight we traded the same vaporwave as memecoins today but at least it felt smart and cutting edge in the moment
Solana has so many top-notch projects that don't have a token yet. Here is a quick summary of activities:
- Zeta: trade, discord activities
- Drift: trade
- Tensor: farm points
- Magic Eden: trade, buy magic tickets
- Fractal: trade, buy snowflakes
Alpha drip
Did you know you could effectively purchase Solana with 50% discount and 1 year lock?
Solana compensates running validator in SOL. If you pay $1k/month for a server, at the end of the month you get a compensation in SOL at 50% from an average price during the month
Airdrop farming is like crypto cookie clicker.
First, you do it solo, after a gazillion clicks, you get your first reward. You invest the reward in more clickers through automation or manual labor.
Repeat ad nauseum
35/ To conclude, I think crypto projects ought to start taking sybil resistance more seriously and rethink their approach.
The best case of sybil protection was implemented by
@GyroStable
. On a larger scale, I think Optimism approach has been quite effective I'd say.
Sold W, bought back more lower
Not even gonna pretend that I know how to assign a
fair valuation in this market but think bottom is close
What I know is that
@wormhole
๐ค
@monad_xyz
. And that's enough for me to hold at any valuation.
nads on top ๐
I only care about money as a metric of success in crypto. Leaderboard points.
Money in of itself is of little interest to me. At peak net worth (which im still far away from) in 2021, I spent about $200-$300 monthly, was living in uni dorm with flatmate and was happy. Don't
Gm
Completely missed the meme rally. Market looks boring, twitter is even worse
Currently farming:
- Linea campaign
- Starknet Argent campaign
- Connext
- Polyhedra
Assuming we gonna be slowly grinding downward until autumn
How you been? Any life-changing bets?
i feel so silly writing about the "ethical" aspect of airdrop farming
you are not a valued community member, you are a stat on cap table to raise more money
Starknet was going on and on about how they want to exclude sybills.
Couple of transactions in different months,
I think the ethical concern boils down to the need to hide on-chain connections. Projects have to hunt down sybils to make their data more believable.
Users are "lying" to projects, projects are "lying" to VCs, VCs are "lying" to LPs
The evolution:
web1 has no users content
The longer Iโm in crypto the more cynical I become. All the grifts, drama & frustration
But then I pop into
@monad_xyz
discord and all cynicism melts away
One cozy winter almost over. Many more
to come
Top CEXs for on-chain degens:
1) OKX, without a doubt, takes the first place - the cheapest withdrawals, the most comprehensive list of networks, subaccounts, and multiple addresses. Bonus points for proof of reserves.
2) Binance is 2nd but its not really close - most liquid,
Ngl getting phished feels 10x worse than losing money in a hack
Not only you lost money but you feel ashamed that you were fooled
Good lessons tend to be painful
I'm disgusted by crypto twitter, all I see in my feed from "influencers" for the last months - shilling rugs, launching memecoins to rob their audience, circle jerking each other & writing useless airdrop threads (guilty).
Usually, I'd say good for them, clearly, it's working.
@adamscochran
โFinney died in Phoenix, Arizona, on August 28, 2014, as a result of complications of ALS and was cryopreserved by the Alcor Life Extension Foundationโ
Hope they will eventually resurrect him from cryopreservation so he could see all the progress
What a human being.
Prepping for tightening in airdrops:
- Gitcoin passport max points
- Gitcoin donations
- Proof of Humanity, Bright ID (difficult, invasive)
- Acquire contribution POAPs on Gitpoap
- Sismo badges, esp with high anti-sybil score
- General on-chain activities