Written by: Biteye Junior Sister
Editor: Biteye core contributor Crush
The Scroll of TGE just in October basically marks the end of the L2 airdrop. After the announcement of the airdrop standard with points as the minimum threshold, Junior Sister saw a little unlucky guy with 199.99 points on Twitter hhh~
Yes, the most eye-catching airdrop standard of each project is the most basic "qualification standard", because it means "the difference between 0 and hundreds of dollars".
And if you consider the situation of multiple accounts, it is the difference between "0 and tens of thousands of dollars". In this article, Junior Sister will sort out the "minimum guarantee" standards of mainstream airdrops and summarize them to provide ideas for the "minimum guarantee" strategy of future projects.
01 Click to get it
1.1 UNI
Airdrop time: 2020
Minimum guarantee standard: Anyone who has used Uniswap before September 1 can receive 400 UNI airdrops, with an order number of about 1000U.
Junior sister rating: ⭐️⭐️⭐️⭐️⭐️
UNI has opened the era of airdrops, where you can get thousands of dollars in subsidies as long as you have a TX.
1.2 DYDX
Airdrop time: August 2021
Subsistence allowance standard: You can get 310 coins by depositing money on the main network, and the order number is worth about 2,000 US dollars.
Junior sister rating: ⭐️⭐️⭐️⭐️⭐️
If UNI is the big moneymaker of DEX, then DYDX has opened the PERP track. You only need to deposit (no trading) to get the minimum living security. If you have a trading volume of more than $1, you will get more airdrops.
However, it should be noted that there is a demand for trading volume before receiving the airdrop, which needs to be met before receiving the airdrop, and this part of the cost also needs to be taken into account.
1.3 EIGEN
Airdrop time: May 2024
Minimum living standard: Deposit money on the main network to get an additional 100 minimum living allowances. LRT users before March 15 also have an additional 100 minimum living allowances, about 400 US dollars per order.
Junior sister rating: ⭐️⭐️⭐️⭐️
When the rules were first announced, EIGEN did not give minimum living allowances, but gave coins roughly according to points. Some accounts with less deposits did not get airdrops, which attracted a lot of criticism.
The team quickly adjusted and announced new rules, which are more favorable to retail investors. All users who deposited money on the main network before the announcement will receive 100 low-income guarantees in addition to the tokens obtained from their own points.
In addition, earlier LRT users (before March 15), such as renzo, can also receive 100 low-income guarantees. We must admit that the EIGEN team still has a big vision.
1.4 PIZZA
Airdrop time: June 2024
Minimum standard: Users who use the unisat wallet to transfer or use the unisat platform within three months of the February-May snapshot in 2024, with a single number of 600-800 dollars.
Junior sister rating: ⭐️⭐️⭐️⭐️
Pizza is another big hair in the BTC ecosystem. It is very simple and crude. You only need to use unisat to transfer once to meet the requirements. However, the snapshot start date happened to be after the inscription craze subsided, and many players did not use BTC wallets during that period.
1.5 ZIRCUIT
Airdrop time: August 2024
Minimum living standard: Users who store ZIRCUIT on the main network can get a minimum living standard of 115 tokens, about $15 per order.
Junior sister rating: ⭐️⭐️
ZIRCUIT minimum living standard is not actually worth much, but because ETH gas was quite low at the time, the cost was also very low. Some accounts can achieve a cost of less than $2, and if they are in batches, there is still a good return ratio. It is said that Feng Wuxiang @0x0xFeng has 2,000 accounts.
02 Multiple Uses
2.1 Optimism
Airdrop Time: May 2022
Minimum Security Standard: Use the official bridge to the OP chain or use the OP network for at least two days (24 hours intermittently), the order number is about 800 dollars
Junior Sister Rating: ⭐️⭐️⭐️⭐️⭐️
OP is L2 The originator of airdrops, due to the relatively low cost of L2, it is also the beginning of multi-number big hair. OP minimum guarantee is very simple, just need to use OP twice more than one day apart. Other qualification conditions are also very simple, such as using OP in 4 independent weeks, etc.
2.2 Arbitrum
Airdrop time: March 2023
Minimum guarantee standard: scoring system, at least three points, the three simplest of which are: cross-chain to ARB, TX>4, used in two separate months, single number about 800 dollars.
Junior sister rating: ⭐️⭐️⭐️⭐️⭐️
ARB is an out-of-the-box airdrop. The cost of getting the minimum living allowance is quite low, and the whole process is quite simple. There are many players who have reached A7 in a single project. After the ARB airdrop, the era of studio hair-pulling has officially begun.
2.3 STRK
Airdrop time: February 2024
Minimum living allowance standard: TX>5, usage time>3 independent months, transaction volume>100 US dollars, on-chain balance>0.005ETH. Each condition must be met to get the minimum living allowance, and the order number is more than $1,000.
Junior sister rating: ⭐️⭐️⭐️⭐️
Stark's minimum living allowance rule is a very standard "multiple use" rule, which has certain requirements for the number of tx, usage time and transaction amount, but it is not strict.
However, one of the controversial requirements is that the balance must be greater than 0.005 ETH. This "one-size-fits-all" standard has disqualified many DeFi users who deposit funds into lending or liquidity pools from receiving airdrops. Moreover, in the L2 network, not so much ETH is needed as gas, which also leads to another group of users being unable to meet the airdrop conditions.
03 Points system
3.1 Zksync
Airdrop time: June 2024
Minimum guarantee standard: All addresses that meet the requirements are granted $ZK, but tokens that do not meet the minimum guarantee threshold of 450$ZK will be withdrawn, and the minimum order number is only $100. According to the actual situation, funds of more than $100 must be stored in the liquidity pool of the Defi protocol for a long time to meet the minimum guarantee standard.
Since 22 years, L2 project's airdrops have mostly adopted the "multiple use" standard to determine the minimum living allowance, which has also led to the influx of many studios.
The Zksync project has taken a different approach and adopted a points system, while the standard for accumulating tokens adopts TWAB, the weighted time balance method. In layman's terms, the more money you deposit and the longer you deposit, the more airdrops you get.
If you still interact with Zksync in the same way as OP, ARB or Starknet, with a lot of money in, swap, deposit and withdraw, and then deposit the funds into the next account in a train-like manner, then you are likely to get nothing because your weighted time is too short.
3.2 Scroll
Airdrop time: October 2024
Minimum living standard: Only those with more than 200 points can get minimum living standard, and badges will add extra points (up to 60).
Scroll airdrops points to the open L2, and also adopts the TWAB mechanism. Most people have actually guessed the threshold of 200 points for minimum living standard.
According to the actual case of the junior sister, the junior sister deposited 0.16ETH in exchange for Stone at the end of May, but did not deposit it in any Defi protocol, and the final score was 190 points.
The points deposited in the lending protocol or liquidity pool will be higher, so it can be concluded that if you deposit 0.15ETH in the Defi protocol for more than 4 months, you can get a minimum living allowance.
3.3 Puffer
Puffer has activities in the early stage, and you will be rewarded with 1000 points upon registration, plus invitation rewards, so you can get a minimum living allowance without depositing money.
04 Premium Account Rewards
4.1 TIA
Airdrop time: October 2023
Minimum guarantee standard: Active address of early adopters of Ethereum rollups (users with mainnet, OP chain, Gitcoin donations, and ENS active behavior may be eligible) The opening price of a single number is around $200, but the benefits will be greater in the later stage.
Junior sister rating: ⭐️⭐️⭐️⭐️
Compared with L2, modular projects represented by Celestia are more inclined towards infrastructure and have many partners. Therefore, you may have interacted with the project without knowing it. TIA's airdrop also reminds us of the importance of each account doing a good job of mainnet interaction, ENS, and Gitcoin.
4.2 AVAIL
Airdrop time: May 2024
Minimum guarantee standard: Rollup active users (ARB, OP, Polygon zkEVM, Starknet and Zksync)
Junior sister rating: ⭐️⭐️⭐️
The project did not clearly write the standard for Rollup active users. From the actual situation, it is still quite high. The evm addresses of the junior sister and the senior brother did not meet the requirements, but the senior brother's Starknet wallet with a large balance won several.
In addition, some group members said that the address that has been swiped by zkEVM can easily meet the requirements, and the wallet part that has been inscribed with zksync has also received the minimum living allowance.
05 Summary
5.1 Difficulty Changes and User Challenges
From the perspective of the timeline, the development of airdrops is from "click to send" ➡️ "multiple use" ➡️ "points system", and the difficulty is constantly increasing.
Admittedly, in 2024, there will be big "click to send" like Eigenlayer, but this is based on the strong strength and good pattern of the project party.
It is also because the early Eigen had a limited time for each pool opening and the gas was relatively high.
From the results, you can get the minimum living allowance even if you deposit 10u, but it takes a lot of courage to spend high gas to deposit in batches with multiple accounts, because you will not get any return in most projects.
I think Babylon may still have the opportunity of "click and send", for the following reasons:
The addresses of the BTC ecosystem are naturally relatively small, with great potential, and there are precedents of Runestone and PIZZA;
Babylon also has an upper limit for each issue, and the time window is short.
However, this type of airdrop will definitely become less and less in the future, which is determined by the increasing competition.
In addition, there will be fewer and fewer open airdrops like ARB. Although they are not open, the income after the token issuance will be higher. Because the competition for non-open airdrops is usually not so fierce, the imagination will be richer, and this kind of project will test the user's mining ability and strategy more.
5.2 Strategy of Points System Projects
I personally think that the points system projects should be based on low-security accounts, because projects such as Blast and Mode will lock the top-ranked wallets.
The best result of the premium account is that the reward is completely released linearly according to the points, but this is not convenient for the project party to operate an ambush "rat warehouse", so it is not recommended to only do premium accounts, but at least half of the funds should be premium accounts, and half of the funds should be low-security accounts. This strategy may be more secure.
The points of the low-security account must be at least in the top 30%. From the experience we have, we need to deposit 100U to 200U or more of equivalent tokens when the points are first launched, preferably in a defi protocol, such as lending or liquidity pool.
In addition, some projects can increase points through revolving loans (pay attention to risk control), such as BOB. However, Scroll has clearly stated that the amount of funds from revolving loans will not be taken into account.