Recently, we published How to Find Tune the next Blast Airdrop in 2024. After the Blast Airdrop was announced, anticipation for 🪂 have skyrocketed - you know what that logo means right.
As a follow up article, we're going to explore Tokenless Protocols on Solana Blockchain that may Airdrop.
The Bitcoin halving anticipates bull-run which is filled with narratives and strategic marketing plans for most crypto protocols.
Airdrop is one of the most attractive marketing strategies and most Tokenless Protocols are highly programmed for airdrops.
With this informative post, you'll discover Solana's Tokenless Protocols with high optimism for airdrops.
Research is key for the next airdrop. You have Defillama and Cryptorank to help you research airdroppable protocols.
But with this guide from Defillama, the following Tokenless Protocols with high Total Value Locked (TVL) indicates more users on these protocols.
Choosing the right protocol is crucial. Like protocols with strong narratives for the bullrun are your best bet.
These Tokenless Protocols may airdrop due to the following factors:
- Community Growth - is the base for protocols, so issuing a token facilitate reward for early adopters, eases governance mechanisms and attract more users.
- VC funding - these protocols may issue a token to attract fundraising from VCs to expand their ecosystem.
- Long-term Sustainability - will attract future growth for the protocol opening avenues for token creation.
As it always the case, narratives drive bull market and it's no difference with the anticipated Bull Market, sofar, we have the following narratives driving this Bull Market: DePIN, AI, RWA and Perp DEX and many more.
These narratives will streamline your airdrop hunting on these tokenless protocols with reference to their TVL - where high TVL is directly linked to increasing Community Growth.
In our research, we found the following Tokenless Protocols are highly anticipated for airdrops.
Drift is your favorite Perp DEX on Solana for you to short and long on-chain.
Kamino finance provide degens with decentralized complex financial products with leverage and automation between borrowers and lenders.
Credix an institutional capital markets ecosystem designed for debt financing and private credit.
Marginifi is a decentralized lending protocol on Solana.
There are many more Tokenless Protocols on Solana, finding high value protocols should be what your top priority.
On the image above, you can factor out drift a derivative decentralized exchange on Solana with a TVL of $116.98m as am typing this line.
The competitor of drift, gmx on arbitrum and avalanche chains have gain substantial growth as a Perp DEX with an issued token $GMX a utility and governance token for gmx.io.
With the Solana ecosystem rails, the tokenless drift.trade protocol a leading Perp DEX dApp on Solana Blockchain will likely issue a token for utility and governance mechanisms.
Although, one could arguably deny but a points mechanism airdrop is on going for IntentX a Perp DEX on the Base Network.
The same scenario could be implemented for drift.
Whatever, it just a matter of time.
In the main time DYOR as airdrop hunting is marred with scams. And should airdrop hunting bless you, take charge and make good use of the free money. Not actually free as you pay it with your soul (energy and time).
This is crypto, use your mind as a tool, and don't yap to everything you read on the internet.
Cheers ✍️🙏
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