Background
In June, the airdrops of LayerZero and Zksyns became the pinnacle of extreme anti-scams, and various farces continued to be staged. First, there was the protracted witch reporting offensive and defensive battle of LayerZero, which made all kinds of embarrassments, and the ugly faces of various people were exposed. It was a good one that you just finished singing and I came on stage, just for a little invisible airdrop income. In the end, many of the reported accounts actually airdropped only a few ZROs, and none of the parties benefited, but the project gave an unknown NFT an airdrop of 10,000 ZRO each. Then the Zksync airdrop showed that a large number of associated addresses took away a large number of tokens, and netizens dug out that the stakeholders of the project directly took away tens of millions of tokens.
The LuMao studio was reversed, and the retail investors of LuMao lost confidence. It is generally believed that the LuMao industry has almost come to an end and has become a sunset industry in the currency circle.
In fact, LuMao itself is a gray area, a track that is harmful to the crypto market. The original intention of airdrops is to reward real users, and the LuMao party interacts for airdrops, creating false data and bubbles for protocols and chains, and providing false illusions for investors and entrepreneurs. In the long run, it is very detrimental to the development of the industry.
It will become the norm for Web3 projects to reward real users. The more in-depth users there are, the more airdrops there will be, and the dimensions of judgment will become more, not just referring to the on-chain data.
In which direction will the subsequent airdrops develop, we will wait and see, but don't miss Jupiter, this is the most certain opportunity at present.
$60 million airdrop launched this week
Jupiter official X announced on July 2 that it will launch the ASR airdrop this week. Voting on any JUP DAO proposal from March to June will receive passive staking rewards corresponding to the staked JUP and voting activities, with a total value of $60 million.
Including: 50 million $JUP, 7.5 billion $WEN, 7.5M $ZEUS, 7.5M $UPT and 750K $SHARK. Among them, JUP will be directly and automatically staked, and the others can be claimed after the airdrop website is launched. Some netizens calculated that for every JUP staked, 0.23U will be airdropped. The data may not be correct and is for reference only.
There will be 2.5 billion JUP for airdrops in the future, so it is very necessary to keep an eye on Jupiter.
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Jupiter related introduction
Jupiter is a transaction aggregator on Solana. It has been running since the last bull market. The transaction volume ranks among the top in the entire crypto market. When there is a hot spot on Solana, the transaction volume can even exceed Uniswap. Later, Jupiter added derivatives trading, and the derivatives trading volume on the Solana chain also ranked first.
The total amount of Jupiter tokens JUP is 10 billion, of which 40% is used for airdrops. 10% has been airdropped in the first round, and the remaining 30% will be airdropped in three rounds. The official just announced the destruction of 30% of the team share tokens a few days ago, which means that the total amount has been deflated to 7 billion.
Juptiter's first round of airdrops can be said to be the largest airdrop in the currency circle this year. The official did not check witches. As long as they had interacted, they were all given airdrops, with a minimum of 200 and more than 10,000. And the official did not have any PUA, no hints, and no pressure on users. Before the official airdrop of JUP, a round of WEN was also airdropped. At the highest point, a single account had a profit of more than 300 dollars.
In addition to the 50 million JUP that will be airdropped soon, there will be another 2.5 billion JUP to be airdropped later, so how can we ambush Jupiter's next opportunity?
1. Make contributions
Contributors to the Jupiter community in the last round were rewarded separately, so before the second round of airdrops, you can also participate in the construction of the project according to your own situation. For example:
Be more active in the official DC and receive the status of contributor
If you have original ability, you can write some original articles about Jupiter and publish them in the media.
Other contributions that can be thought of, preferably quantifiable or provable.
2. Participate in AMA
Jupier often holds an AMA called JUP Call. During each AMA, a QR code will appear, where you can submit your wallet address and receive Jupiter NFT.
Such NFTs are also proof of deep participation in the project, and are likely to have a weight in future airdrops.
3. Buy and stake JUP
JUP has fallen back from a high of 1.8 to 0.7. You can buy some to stake and participate in governance voting.
Staking and voting link: https://vote.jup.ag/
Staking and voting also have some JUP airdrops and project airdrops, which are also good returns. But it should be noted that there is a 30-day cool-down period when canceling the pledge.
4. Use Jupiter for spot trading
Jupiter integrates the main DEX on the Solana chain, including Raydium, Orca, Lifinity, Meteora, etc. The coins on the basic chain can be traded in Jupiter. In addition, Jupiter also provides limit order functions and average cost trading, which is fixed investment. You can try these functions.
5. Conduct derivative transactions and add liquidity
Jupiter's derivative transactions adopt the GMX model, that is, users provide liquidity as the counterparty of the transaction to earn income. Currently, TVL is the number one derivative platform on the Solana chain, reaching US$404 million, and JLP's income has reached 78%.
It is also a good choice to try derivative transactions or provide liquidity to earn income on Jupiter.
It is expected that future airdrops will refer to multi-dimensional data, and on-chain data is only a part of it. Whether you are deeply involved in the project, whether you have contributed to the development of the project, and whether you are a long-term supporter of the project will become the standard for airdrops.
Jupiter is currently the most potential spot + derivatives trading platform, and the future airdrops will also be huge. You can participate deeply or choose the participation method that suits you to win the future airdrops.