How to Join Airdrops in Cardano (ADA) Ecosystem?

How to Join Airdrops in Cardano (ADA) Ecosystem?

By nafidurmus | nafidurmus | 13 Jan 2022


Hi everyone this article i will try how to join airdrops in cardano ecosystem. After last update (cardano network), smart contracts became writable on cardano network and projects started to appear on the network gradually. Newly released tokens on the network began to airdrop to users who support the ecosystem. If stake ADA you will earn airdrop. Let' starts.

My turkish video about dripdropz

First of all, I'm sorry, my native language is not English. I am preparing such articles to improve my English.

Step by step i will try to explain.

 

1 - You need a Cardano Wallet (you can use nami wallet or yoroi wallet )

you can follow setting about nami wallet but lang is tr

Don't forget your Unique Secret Recovery Phrase. Please note. (using this phrase you can open yoroi wallet)

2 - We need ADA for stake and transaction fee. You can send your cardano wallet your stake value. I think more is more but 20-30 ada is enough.

21abbe879247c738f6016ab619be47ac085cbe2447a7e290194cc83856d55ffb.png

If you use nami wallet you can click receive button and copy your address. And use cex (binance, okex etc) send ada your wallet.

If you error you can add 5 ada for collateral. (account in nami wallet collateral button)

3 - Let's start to stake :D I staked using yoroi wallet because a lot of options but if you want you can stake using nami wallet. My stake pool is

[CRDN1] CARDANIANS.io #2 .

Don't forget you have ada in wallet for transaction fee. 

4 - Now we stake ADA. It takes about 25 days to win staking reward and airdrops :D You can check timeline

After almost first 25 days you can earn staking rewards and airdrop. This cycle will be repeated every 5 days.

b4ef3466dbbd7b071a22f9b6efc6558610b652657bc9d5dd4c872f32f06b5f29.png

5 - Let's go airdrop page. Firstly you should register here : https://dripdropz.io/?ref=E81jRRvN

Search your cardano wallet address. (dont forget first airdrop will be see after 25 days with staking pool)

Stake pool you choose may have an extra reward for some airdrops. Example;

566f22058c99c0160fafb4c1d5ce4334d91371a9f8281b01505fd747d25f60c2.png

And we can check airdrop page.

10035ef04cf7cb1527184e1efb194518b8715091c09d1690c15edcad631061d8.pngWe will see all airdrop own wallet addrees this page. If you want to claim you can choose token for claim (max 10). not similar metamask exprience. You have to press the button at the bottom of the page to claim the tokens you have chosen. Then we need to send the desired number of islands to the shared address.

1 token you will send 3 ada (1.3 ada refund)

Multi token (max 10) you will send 5 ada (3.1 ada refund)

You can see my transaction history.

9a7c1278864f0dc190065ac86bf1deb5e1e6bbaa0e7689ea6add5274eaa7a114.png

If you want to claim 1 epoch or you can save a lof of epoch airdrop. Your choose. Dont forget if you continue stake ada you will earn staking rewards and airdrop every epoch. 

Example this project min 10 ada staker will be send airdrop you can check : https://medium.com/@anetaBTC/anetabtc-will-be-on-dripdropz-8de9417eb13f

Dripdpopz support airdrop 48 token, +65 withdrawals and 5k users statistics i will preparing this article. And you can check dropdropz team or anyone. https://dripdropz.io/about-us

6 - You ask how to sell my airdrop tokens. Cardano ecosistem is growing but cardano eco has a lot of dex. (Sundaeswap is coming) we use MuesliSwap for sell.

A lot of tokens are listed above that come with airdrop on the decentralized exchange. You can sell tokens that have buyers in the amount you want to sell, while adhering to the min sell limit. let check popular token in dex.

dfa670a9170a2fecea8a0cb393ade1678533173b32dcd221a76d1994b8654edc.png

 

trading screen

feea8dff53f8ad39a61cc41cd3f7b73f0a23915f646667e33f53f0f36c79fbed.png

With growing of ecosystem, I think that newly released projects will be distributed to the stakers (those who contribute to the ecosystem (staker)) by airdropping on dripdropz.io/. By staking the island in line with your budget, you can contribute to the ecosystem, earn a stake reward and benefit from airdrops.

It's that easy.

I think it was good content. None of the projects I mentioned in this content are investment advice. 

Previous content can be found below.

You can find the registration links for some crypto exchanges below.

See you in another article.

How do you rate this article?

1



nafidurmus
nafidurmus

I share my experiences in the field of blockchain technology and software on this blog.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.