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Übersicht über aktuelle ETH-Airdrop-Möglichkeiten und On-Chain-Alpha

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Originalautor: The DeFi Investor

Originalübersetzung: TechFlow

3 ETH airdrop strategies

If you hold ETH, you might as well leverage it in DeFi.

Currently, there are many high-quality ETH airdrop opportunities that may bring considerable returns.

Although the days of depositing $100 in a dApp and getting a $1,000 airdrop are over, it is still possible to earn high double-digit annualized returns through ETH.

Today, I will share the three ETH airdrop strategies that I think are most worthy of attention.

Let’s find out.

1. Mantle + Karak

Mantle is the most well-funded project on Ethereum’s second layer network and the developer of the rapidly growing ETH liquid staking protocol mETH Protocol .

Confirmed mETH holders will receive airdrop rewards from the mETH protocol.

Here is my strategy for getting airdrops:

  • Visit Mantle’s Methamorphosis airdrop event page and connect your wallet to participate in the points program

  • After clicking the “Gather mETH” button, stake ETH and perform cross-chain operations

  • Then, deposit the obtained mETH into Karak Karak is the third largest heavy staking protocol. By depositing mETH into Karak on Mantle L2, you can also get Karak’s airdrop rewards at the same time.

Here are some reasons why I like this strategy:

  • With this strategy, you can get airdrop rewards from both mETH Protocol and Karak.

  • Between September 4 and October 2, users who stake ETH and cross-chain to Mantle will also receive an additional 1,800,000 $COOK tokens.

  • Karak’s mETH pool offers 2x Karak Points bonus Also, I particularly appreciated that Mantle made it clear from the beginning that their first airdrop event would only last for a total of 100 days.

2. Fluid + EtherFi

Fluid is an innovative DeFi protocol developed by Instadapp, while Symbiotic is the second largest heavily-collateralized protocol.

By using Fluid, you can use up to 11x leverage to earn Symbiotic points.

The strategy is as follows:

  • Re-stake wETH on EtherFi in exchange for weETHs, which is the liquidity re-staking token provided by EtherFi for Symbiotic

  • Deposit weETHs into Fluid s weETHs/wstETH vault

  • (Optional) Borrow wstETH on Fluid and convert it to weETHs for increased leverage – increase your points leverage up to 11x

  • Here are some reasons why I like this strategy:

  • Deposit weETHs on Fluid and you can get 3.5x EtherFi points, 1x Symbiotic points, 3x Veda points and 1x Zircuit points at the same time

  • Fluid offers the highest liquidation threshold in the industry. If you use weETHs as collateral to borrow wstETH, be careful not to be liquidated. However, one advantage of Fluid is that its liquidation penalty is very low. Even simply depositing weETHs into Fluid is valuable because you can get 4 airdrop rewards at the same time.

3. Kelp DAO + Pendle

Kelp DAO is one of the largest tokenless ETH liquidity heavy staking protocols, while Pendle is the most popular yield trading protocol.

Recently, Kelp DAO launched the Luftabwurf Gain Vault, a product that automatically obtains airdrops in various L2 and DeFi protocols.

The strategy is as follows:

  • Besuchen Kelp DAO’s official website

  • Click “Re-stake Now” and then select “Gain” in the upper left corner

  • Deposit ETH or rsETH into Kelps Gain Vault to get agETH

  • (Optional) Provide agETH to Pendel ’s agETH pool for additional yield

After you deposit ETH, Kelps Gain Vault will automatically distribute your assets to multiple token-free Ethereum L2 and other protocols.

Here are some reasons why I like this strategy:

  • Gain Vault has relatively low fees, charging only 2% per year

  • After depositing into Kelps Gain Vault, you will get agETH, a voucher token that can be used in DeFi. Although there are not many application scenarios for agETH at present, the Kelp team expects to announce multiple new DeFi integrations soon. I hope these airdrop opportunities will pique your interest! As I mentioned at the beginning of this issue, airdrops are no longer a way to get rich quickly because the number of participants has increased significantly. But in my opinion, participating in airdrops is still a good option to get extra income.

On-chain Alpha

The number of deposit addresses on Bitcoin (BTC) exchanges has now fallen to its lowest level since 2016.

Übersicht über aktuelle ETH-Airdrop-Möglichkeiten und On-Chain-Alpha

Source: cryptoquant.com

This suggests that very few people are currently willing to transfer Bitcoin (BTC) to exchanges for sale.

Therefore, BTC holdings on centralized exchanges have also been declining, which I see as a positive sign.

As shown in the figure above, at the peak of the 2021 bull market, the number of active BTC exchange deposit addresses was almost 20 times what it is now!

This article is sourced from the internet: Overview of recent ETH airdrop opportunities and on-chain Alpha

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