How to Be Eligible for Projects Token: General Criteria (1st Episode)

How to Be Eligible for Projects Token: General Criteria (1st Episode)


In this article I will also share on my Debank profile, I will explain what in my opinion are the fundamental things you need to do to be eligible for Airdrops where there are no points/quests.

When necessary, I will make slight changes to these articles from DeBank so they will be slightly longer because I can use more characters.

 

What will we cover in these articles/episodes?
1) Possible eligibility criteria when there are no tasks/quests (1st episode)
2) Types of airdrops (tiers/linear distribution) and which ones are the most valuable (2nd episode)
3) Anti-sybil farming methods if using multiple addresses (3rd episode)


Only by studying the criteria of the old airdrops you can become a good hunter. Over the years we have gone from "easy" airdrops like Uniswap (it was enough to try to make a transaction, even if it failed) to Zksync (where it was essential to have LP/balance in the wallet + other criteria that boosted the amount of tokens received: holding of the Libertas Omnibus NFT, $Arb and $Op holding for those who received them in airdrop, Gitcoin donation, use of ZkLite, etc). Perhaps one of the most difficult airdrops was that of the dex aggregator Paraswap (only 20,000 eligible addresses! Criteria? Holding at least $50 of the gas token up to $200 if you had sent funds to another eligible address, at least 6 transactions in the last 6 months pre snapshot, minimum volumes and transactions considered $100, invalid swaps Usdt/Dai, Usdt/Usdc, Bnb/wBnb, Matic/wMatic, Eth/wETH and similar).

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Schematically, these things are essential for a chain (some can also be used for dex/bridge):
1) Activity over time (at least 1 interaction per week so at least 4 per month)
2) Volumes (minimum 1k up to 1 million dollars). I recommend using at least $300 on a chain
3) Total transactions: from 40 to 100 (over that there is usually a hard cap and they are no longer counted) 
4) Use different smart contracts (interact with different tokens and with more dapps. Buy some NFT even for a few cents)
5) Gas token balance: minimum 30-50$
6) LP (from 500$ up)
7) Avoid basing activities exclusively on stable/stable trades, token/wrapped and in general transactions that are too small
8) Enter the Discord server (this is essential especially for testnets)

 

Don't miss the next episodes of this series! Let me know in the comments if you have any specific questions!

 

Are you interested in ways to earn crypto bonus? Check it out here: Some Sites To Earn Crypto Bonus (Old & New)

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