How to "maintain account" to get airdrop? We analyzed several textbook airdrops

In the ambush airdrop, you can get more airdrops by becoming an early participant in the project, experiencing more products, and actively participating in ecological activities.

The story of "airdrop to get rich" has always been one of the most talked-about topics in the industry, and the "brush" of airdrops has been fighting wits and courage with the project party. On May 6th, the cross-chain bridge Hop Protocol officially launched the native token HOP , 8% of which will be airdropped to early related users. At the same time, it said that users who report more than 20 addresses related to Sybil attackers will have the opportunity to get HOP rewards, which will be a lot for a while. The professional "Lu Mao" joked on the Internet, "I'm going to report myself."

In order to give back to real users as much as possible, the project party is also constantly adjusting the airdrop rules. Now, real active users may receive more rewards for 1 address than 10 addresses for Wool Party. This paper, PANews, starts from the evolution of the airdrop rules of well-known projects in the Ethereum ecology, and analyzes the airdrop rules under the background that the airdrop rules are becoming more and more "strict". , what kind of real users are more likely to get airdrops, and how should users maintain their accounts to get airdrops?

TLDR

• Become an early participant in the project, such as application protocols such as ENS, the earlier you participate in the airdrop, the greater the reward;

• Experience as many products as possible, such as DeFi products, multiple experiences and interactions will help increase transaction volume, and setting reverse analysis in ENS is also one of the best performances for experiencing products, and the airdrop rewards are directly doubled;

• For the blockchain network, actively participate in the entire ecological activities, such as using more ecological Dapps, participating in chain governance voting, etc., such as accumulative rewards and superimposed rewards in the Optimism airdrop;

• For the airdrop rewards of the ambush "child chain", users need to become active participants in the "parent chain" ecology, such as using the above Dapp transactions, participating in its donation activities, etc., to show concern for the entire ecology, which is in the Cosmos ecology The performance is obvious. Basically, the projects in the Cosmos ecosystem will be airdropped to token ATOM pledgers.

Uniswap: There are few restrictions, and the addresses that participated in the early stage can get airdrop rewards

When it comes to airdrops, we have to mention Uniswap, the leading Ethereum DEX. On September 17, 2020, Uniswap officially announced that it has released its protocol governance token UNI on the Ethereum mainnet, airdropping 10.06% of the total to 250,000 early users, and 4.92% of the total to 49,192 early LPs (liquidity provider), 0.02% of the total amount is airdropped to 220 SOCKS holders, and each address that has called Uniswap v1 or v2 contracts can apply for 400 UNI. Overall, the airdrop rules are relatively simple, without too many restrictions, as long as the addresses that participated in the early stage can get airdrop rewards, which also creates opportunities for the "wool party".

dydx: distributed according to levels, the higher the level of trading volume, the more rewards

Another eye-catching airdrop project is the perpetual contract protocol dydx. Compared with Uniswap, dydx’s airdrop rewards are more biased towards users who contribute to the transaction volume of the protocol. The greater the contribution, the more rewards. The specific rules are as follows:

• If you have made a deposit but have not participated in the transaction, each user can get an airdrop reward of 310.75 tokens;

• The transaction volume is between US$1 and US$10,000, and each user can get 1163.51 airdrops of tokens;

• The transaction volume is between US$10,000 and US$100,000, and each user can get 4349.63 token airdrops;

• The transaction volume is between US$100,000 and US$1 million, and each user can get 6413.91 airdrops of tokens;

• With a transaction volume above $1 million, each user can get 9529.86 token airdrops.

Through comparison, it is found that the rewards obtained by each user in the fifth tier are about 30 times that of the first tier, and about 8 times that of the second tier, which indirectly increases the rewards for "real" users. Of course, it does not rule out special swiping transactions amount of users. For example, if you often use dydx products and the transaction volume reaches more than 100,000 US dollars, even if you only have one address, you can get 6413.91 tokens. On the contrary, if you are a "wool party", you have established 20 accounts, assuming only deposits If you don't trade, then the reward for 20 accounts is equivalent to the reward for the above 1 account.

Therefore, it can be seen from the airdrop rewards of dydx that in order to obtain more airdrop rewards, in addition to creating multiple addresses, it is more important to interact with the product, experience the functions of the product, and at the same time participate as deeply as possible to improve the transaction quantity.

Although dydx’s airdrop rules are more “reasonable” than the early Uniswap, it still does not effectively improve the rights and interests of long-term users. For example, in dydx, assuming that a large user may join the day before the airdrop snapshot, its trading volume exceeds 1 million US dollars a day , the airdrop reward is likely to be much greater than those long-term ordinary users (with a transaction volume of less than $100,000), so how to increase the reward factor for long-term users in the airdrop rules is a problem that the project party will consider later.

ENS: The longer the domain name is held, the higher the reward, and the reward for domain name reverse resolution is doubled

Compared with Uniswap and dydx, the airdrop rules of Ethereum Name Service (ENS) have improved the rewards for long-term users of the project. The specific airdrop rules are as follows:

• The airdrop will be allocated to the registration address of the ".eth" second-level domain name that has been registered or is currently valid;

• The airdrop weight is mainly calculated according to the number of accounts rather than domain names;

• The reward formula is the coefficient 0.27 multiplied by the number of days holding at least one ENS domain name, plus the coefficient 0.067 multiplied by the number of days until the domain name expires;

• If the account additionally sets reverse resolution, then multiply the above result by a factor of 2.

The ENS airdrop rules are biased towards loyal users of the reward program. The first choice is that normal users will only buy the domain names they like, and the number is limited. On the contrary, speculators will buy many domain names, and the weight will be calculated according to the account, which will reduce the airdrop rewards of speculators to a certain extent. Secondly, for early users, the domain name may expire, but they will also receive airdrop rewards. At the same time, the coefficient is multiplied by 0.27 by the number of days of holding at least one ENS domain name, which is especially beneficial to long-term loyal users.

Looking at the coefficient 0.067 multiplied by the number of days until the domain name expires, not only the coefficient is about 1/4 of the former, but also the time for speculators to register the domain name is often shorter, so the final airdrop reward is also limited. Finally, for those users who have set up reverse analysis, that is, actually used ENS products instead of just registering, the number of rewards will be doubled, which further increases the rewards for loyal users.

On the whole, for the ENS project, a loyal user's account may receive more airdrop rewards than the 10 address accounts of the "Wool Party". year, then your airdrop reward is about 123 (0.27*365+0.067*365), and the "Wool Party" has registered 10 domain names with 10 addresses, and each holding period is 1 month, and will Expiring in the next month, the total reward obtained is about 101 (0.27*30*10+0.067*30*10), and the reward for one of your accounts is about 1.2 times that of 10 accounts of speculators. So try to participate in the project as early as possible, and accompany the project to grow together, even if there is only one address account, the final airdrop rewards will be quite considerable.

Optimism: Increase the airdrop rewards for ecologically active users and give back to active participants in the Ethereum ecosystem

After Optimism announced the issuance of tokens, there have been speculations in the circle that other Layer2 (such as Arbitrum ) may also follow suit. Learning from Optimism’s airdrop rules will help to obtain larger rewards in other Layer2 or chain airdrops. Optimism will airdrop to six types of users, the specific rules are as follows:

1) Ordinary users: Before June 23, 2021, users who cross-chained from Ethereum to Optimism in the early stage of the mainnet, or users who used Optimism for more than one day after that, that is, the first transaction and the last transaction exceeded 24 hours, And use the Dapp on the chain to complete the transaction, each address can get 727.36 airdrop tokens;

2) Active users: meet the first condition, and use the Dapp on Optimism to complete at least one transaction within 4 different weeks, select the top 20% users who meet the conditions, and each address can get 1584.42 airdrop tokens;

3) DAO governance participants: have participated in voting or written at least one on-chain proposal, or at least two off-chain proposals (Snapshot), each address can get 254.45 airdrop tokens;

4) Multi-signer: the current signer of Multi-Sig, and has executed at least 10 transactions, and each address can get 1114.23 airdrop tokens;

5) Gitcoin Donors: Gitcoin made on-chain donations, this includes any donations, and each address can get 520.34 airdrop tokens;

6) Loyal users of Ethereum: the address is bridged to another chain, but still conduct transactions on the Dapp of Ethereum every month, with an average transaction frequency of at least 2 times a week, select the top 60% who meet the conditions, each The address can get 383.27 airdrop tokens.

In addition to the accumulative airdrop rewards for each condition, Optimism also launched an additional "superimposed reward", that is, under the premise of satisfying ordinary Optimism users, if the met conditions reach 4 or more, they can get superimposed rewards , the more conditions are met, the more stacked rewards you will get (5 more than 4).

Similar to ENS, under Optimism's airdrop rules, the airdrop rewards that a long-term loyal user can obtain are likely to be greater than multiple "wool party" accounts. Even if the two terms of multi-signature and Gitcoin donors are discarded, as a long-term Optimism user, it is still possible to obtain superimposed rewards of 4 conditions. In the end, the accumulated rewards of different conditions will be far better than multiple accounts that only trade a few The second "Wool Party" account, after all, many "Wool Party" accounts only meet the first condition.

It can also be seen from the Optimism airdrop that as a "chain" or Layer 2, if users want to get more airdrop rewards, in addition to becoming an early user, they also need to actively participate in the governance activities of the entire ecology, and at the same time actively participate in the "Layer 1 "The construction of the Ethereum ecology means becoming an active participant in the "mother chain" ecology, which also inspires us to ambush the "child chain" airdrop rewards in the multi-chain ecology, such as Cosmos ecology, Avalanche subnet wait.

summary

From the early DeFi projects to the ENS application protocol, and finally to the recent Chain Optimism, it can be found that the airdrop rules are becoming more and more complicated, and they are constantly tilting toward loyal long-term users. This trend is expected to intensify. According to the airdrop rules of Optimism and ENS, it can be seen that the final result of "raising" an account is no worse than that of multiple "small accounts". Perhaps the airdrop era of "accounts lie in the quality rather than the number" will slowly kick off .

Author: Allen