After Uniswap and 1inch airdrop the “10,000 yuan red envelope” to users, please keep this list of DeFi projects that have not yet been issued.
Original title: “Guide | How to earn “Wind blowing” DeFi airdrop tokens?”
Written by: William M. Peaster
Compilation: Hanguang Source: Timestamp River Map
In 2020, high-profile DeFi projects such as Uniswap, Curve, and 1inch released governance tokens, and their distribution schemes rewarded users of past agreements.
The more frequently you use these protocols, the greater the transaction volume, and support them in the early stages of the project (their hardest days), the more tokens you will receive in the project’s retroactive token airdrop.
This new DeFi distribution paradigm led some Ethereum users to joke that they received multiple “DeFi stimulus checks” in 2020. This can also be understood as setting off a frenzy of speculation about which protocols may launch retroactive token distribution in the next step.
In this article, we will introduce a series of projects based on DeFi and Ethereum. These projects have not yet distributed governance tokens and may launch retroactive token airdrops to their users in the future.
It should be noted that you must actually use the following projects to be eligible for any potential airdrops. The internal knowledge of the projects I mentioned is zero, and there is zero contact with any participating team members.
These are just applications that have not yet issued tokens and can take advantage of this emerging distribution mechanism in 2021 or later!
- Goal: To determine the agreement that has not yet conducted the issuance of governance tokens to take advantage of potential future airdrops.
- Skill: Beginner
- Effort level: medium
- Return on investment: depending on the agreement!
9 DeFi projects that may have airdrops in the future
This is the list of successful DeFi projects we have listed. It is possible to launch tokens and do retroactive airdrops in the future, but we don’t know if they will do so).
dYdX
dYdX is one of the most important decentralized margin trading protocols in Ethereum. Due to its native support for lightning loans, its popularity has skyrocketed this year. Correspondingly, dYdX is a highly composable “financial Lego building block”, which can directly leverage the price of cryptocurrency, such as the price of ETH or the price of WBTC.
Considering dYdX’s status as one of DeFi’s most popular projects so far, the lack of native tokens in the protocol has become increasingly prominent. Therefore, this seems to be a major candidate for a retroactive token airdrop.
When we talked to Antonio in August, he did foretell the fact that dYdX is exploring tokens, making it a strong contender for retroactive issuance.
Opyn
Decentralized options is an emerging field in DeFi, which has seen considerable growth this year. Opyn is one of the interesting projects to solve this problem.
Since the launch of the original mainnet in June 2020, Opyn’s data has shown that there is a great demand for decentralized options in the fledgling DeFi field.
However, even with the launch of V2 last week, Opyn did not say too much about the possible launch of native tokens in the future. In their V2 announcement post, there are some understatement hints that hint at potential future possibilities, such as allowing anyone to whitelist new options (who decides which assets are whitelisted?), and they In the future, an incentive mechanism will be set up for market makers (what kind of incentive mechanism?)
However, there is no overly specific news.
In any case, given how the project’s main competitor Hegic successfully launched HEGICHEGIC and achieved success, we have reason to believe that Opyn can follow a similar path in the future.
Paraswap
Remember the Uniswap, Curve and 1inch mentioned by Ryan in the introduction?
These are decentralized exchanges, indicating that DEXs are low-hanging fruits in this new retrospective token issuance paradigm.
At this point, Paraswap is a DEX that has not yet released its own token. Therefore, it seems to be a natural competitor in the coming months.
As we all know, Uniswap is currently the most popular decentralized trading protocol, and some traders think that there is no need to trade anywhere else. But if you are interested in trying out a promising project and at the same time you may get free governance tokens in the future, Paraswap is definitely a DEX worth considering.
NFT market platform
OpenSea
OpenSea is one of the main NFT market hubs of Ethereum. The platform can easily allow you to cast your own NFT, or trade the NFT of other projects on the secondary market.
One of the reasons OpenSea stands out is its strong community. This fall, the platform reached the milestone of 25,000+ users – which is more users than many current DeFi agreements have!
Therefore, if OpenSea chooses to use tokens to decentralize control of the platform, this NFT market will certainly not lack snapshots of chain activities and rewards for historical users.
Take a look at this project and maybe buy some NFT. In the worst case, you will be very happy and have some new digital assets to play.
The best case is that you will get these benefits and earn some free OpenSea tokens in the future!
SuperRare
SuperRare is the leading crypto art market on Ethereum. Although the NFT field is still young, artists and collectors have received millions of dollars worth of ETH in sales this year. From here, the sky seems to be the limit.
Of course, this early success is very interesting, but we are also very interested, because the SuperRare team has all admitted that they hope to decentralize the project at some point in the future. In August, the team wrote:
“In the future, we believe that digital art markets like SuperRare should ultimately be owned and operated by the community. As the first step to achieve this goal, we are establishing an advisory committee composed of community members to decide on management and our overall strategy. Provide advice and cooperation.”
Based on this, SuperRare will eventually seek to complete this mission by airdropping governance tokens to its past users.
Nifty Gateway
Nifty Gateway has swept the NFT ecosystem this year, featuring works by well-known artists such as Beeple, Pak and Trevor Jones.
why? The style of Nifty Gateway is so adorable. Its “drops” format has attracted a lot of attention to the artist’s work, and the project team has also made the market one of the most friendly NFT platforms around.
Speaking of it, Nifty Gateway is quite promising, and the project may choose to delegate control to different groups of users in the future. Compared with OpenSea and SuperRare, this possibility seems unclear, because Nifty Gateway is owned by the Gemini crypto exchange, and the leadership of the exchange is very cautious and will not rush to approve the issuance of DeFi tokens.
However, despite this, this reality is difficult to rule out the possibility of the Nifty Gateway token being released in the future, so we said, please keep this platform within your radar now.
Our hunch is that if the above two platforms (OpenSea and SuperRare) become tokenized and start to eat into their market share, as collectors and artists take advantage of the token incentives on other market platforms, the Nifty Gateway token will become more may.
Asset Management Company
Zerion
Zerion is an all-in-one DeFi asset management service platform that can easily manage a series of DeFi activities such as borrowing, lending, and transactions through a single interface.
As the DeFi industry has experienced a booming year in 2020, this type of asset management service platform-and its ever-increasing list of services-has become increasingly important.
As one of the most popular DeFi wallet management platforms today, Zerion may one day choose to “exit the community” and transfer its governance rights to DAO through retroactive token issuance.
If this happens, several transactions through Zerion will definitely prove that your time is worth it.
Zapper
Like Zerion, Zapper is currently one of the most important asset management service platforms for DeFi.
The project is famous for its signature “Zaps”, allowing users to jump directly into DeFi like liquidity pools or income farms with a single transaction. It is these zaps and other functions that if the project chooses to issue tokens in the future, it may only earn Zapper tokens for traders.
For example, suppose there is a revenue farm that you have been following but has not yet triggered. If you decide to move on, try joining the farm through Zapper.
It may pay off in the future!
Argent
Argent is an Ethereum smart wallet that allows you to participate in various activities on DeFi and Ethereum easily and safely.
Compared with regular wallets, Argent has more advanced features, so it has become popular among more and more users this year, and this trend seems to continue in the foreseeable future.
In this way, Argent may decide to promote the further development of the project by issuing governance tokens to its early users. Given that Argent is so useful anyway, of course, just in case, it doesn’t hurt to use some wallets and let your feet step inside.
