This year, high-profile DeFi projects such as Uniswap, Curve, and 1inch released governance tokens, which have greatly rewarded users who used these protocols in the past.
speak English.
Ok. The more you use these protocols, and the earlier you use them, the more rewards you will receive during the token airdrop.
Regarding this new DeFi token distribution model, some Ethereum users joked that they have received multiple “DeFi stimulus” (the stem of the US economic stimulus plan) in 2020. This has also led to a lot of speculation as to which protocols might issue tokens like this next.
What needs to be clear is that you must actually use these items before you are eligible for the airdrop. The project I will mention next does not have any inside information or contact with any team members.
I just listed some applications that have not yet issued tokens and may have this plan in 2021 or the near future.
1. dYdX
dYdX is one of Ethereum’s most important decentralized margin trading protocols, and due to its native support for flash loans, the protocol has also become popular this year. Therefore, dYdX is a highly combinable “money Lego” that can directly bet on the price of cryptocurrencies to open leverage, such as the price of ETH or the price of WBTC.
dYdX is one of the most popular projects in DeFi so far, and the lack of native tokens in the protocol has become increasingly noticeable. It seems to be the main candidate for the token airdrop.
In an interview with dYdX CEO Antonio in August last year, he did mention that dYdX is exploring the issuance of tokens, making it a strong contender for token airdrops.
2. Opyn
Decentralized options is an emerging DeFi field with considerable growth this year. Opyn is one of the interesting projects to solve this problem.
Since Opyn launched its mainnet in June 2020, it has shown that there is a huge demand for decentralized options in the fledgling DeFi field.
But even when V2 was launched last week, Opyn did not mention the possibility of issuing native tokens in the future. However, the Opyn’s V2 announcement hinted that there may be native tokens used to launch new options in the future, provided that the new options are on the whitelist (then who decides what assets can be whitelisted?); in addition, tokens It may also be used as an incentive for future market making (what type of incentive is it?).
However, there is still no specific information.
Nevertheless, Opyn’s biggest competitor, Hegic, has successfully issued HEGIC, and there is reason to believe that Opyn will follow the same path.
3. Paraswap
Uniswap, Curve and 1inch are all decentralized exchanges (DEX). It is very easy to get airdrops of these DEX tokens, and they are also relatively common to issue tokens.
Paraswap is a DEX that has not yet issued a token, therefore, its future issuance of tokens seems very reasonable.
Uniswap is currently the most popular decentralized transaction protocol. It is no secret. Some traders think that there is no need to trade elsewhere. However, if you are interested in trying a promising project, and it is possible to get free governance tokens in the future, then Paraswap is definitely a DEX worth considering.
4. OpenSea
OpenSea is one of the most important NFT centers in Ethereum. This platform can easily produce its 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-more than many DeFi protocols currently have users!
Therefore, if OpenSea chooses to use tokens to decentralize control of the platform, this NFT trading market will definitely have a lot of on-chain activities that require snapshots and reward its historical users.
5. SuperRare
SuperRare is the leading crypto art market in Ethereum. Although the NFT field is still very young, this year, the sales of artists and collectors here have reached millions of dollars ETH. There seems to be a lot of room for growth.
Of course, this early success is interesting, but another reason we are interested is that the SuperRare team has admitted that they intend to decentralize the project at some point in the future. In August, the team wrote:
“Looking forward, we believe that digital art markets like SuperRare should ultimately be owned and operated by the community. In order to achieve this goal, first of all, we are establishing an advisory committee composed of community members to provide advice on resolution management and our overall strategy. Suggestions and cooperation.”
Therefore, SuperRare may eventually accomplish this task by airdropping governance tokens to its past users.
6. NiftyGateway
This year, Nifty Gateway swept the NFT ecosystem with the recommendations of its acclaimed artists such as Beeple, Pak and Trevor Jones.
why? There are many things to love about the style of Nifty Gateway. Its “drop” format has attracted a lot of attention to the artist’s work, and the project team has made it one of the most friendly NFT platforms.
In summary, Nifty Gateway is very promising. The project can choose to decentralize control to different users in the future. Compared with OpenSea and SuperRare, this possibility seems less clear, because the owner of Nifty Gateway is Gemini Exchange, and its leadership is very cautious and will not release DeFi tokens casually.
Nevertheless, it is difficult to rule out the possibility that Nifty Gateway will never issue coins in the future, so you can stay focused for the time being.
Our intuition is that if the above two platforms (OpenSea and SuperRare) issue tokens and start to eat into Nifty Gateway’s market share-because collectors and artists will be more inclined to the token incentives in these markets, then the platform will May issue tokens.
7. Zerion
Zerion is an integrated DeFi application that makes a series of DeFi activities-such as borrowing, lending and trading from a single interface, easy and manageable.
As the DeFi field has experienced a prosperous year in 2020, these types of applications — and their growing list of services — have become increasingly important.
As one of the most popular DeFi wallet management platforms today, Zerion may choose to “hand over itself” to the community and one day transfer its governance to the DAO through a token airdrop.
If this happens, a few transactions through Zerion will definitely prove to be worth the time.
8. Zapper
Like Zerion, Zapper is currently one of DeFi’s main integrated service applications.
The project is known for its iconic “Zaps”, that is, users can directly enter the liquidity pool or income farm through a transaction. If the project chooses to issue tokens in the future, these zap and more tokens may earn Zapper tokens for traders in the future.
For example, suppose there is a yield farm that you have been focusing on, but has not yet started. If you decide to participate, you can try to enter through Zapper, which is an effective interaction. An unexpected surprise may also be obtained in the future.
9. Argent
Argent is an Ethereum smart wallet. Through Argent, participating in various activities on DeFi and Ethereum will be easier and safer.
Compared with ordinary wallets, it has more advanced features. Argent has been welcomed by more and more users this year, and this trend seems to continue in the foreseeable future.
Therefore, based on Argent’s prospects, it may decide to promote the further development of the project by issuing governance tokens to early users. In any case, the Argent experience is so good, you won’t lose anything with this wallet.
to sum up
The items listed here are not comprehensive, but if you are looking for free DeFi tokens that may appear in the future, this will definitely give you some clues.
But remember: no one guarantees that these projects will release their own native tokens, and no one guarantees that they will have airdrop plans after they issue tokens.
There is no need to interact with them just because they have not released tokens, this is just a basic factor to consider.
In addition, you need to consume a little ETH as a handling fee when you claim the airdrop. In the case of network congestion, the handling fee may be a lot of money. If you have a little ETH and are in the mood to experiment, then trying some of the above items may pay off in the future.
Only time will tell us the answer!
