DEFI

Nansen Airdrop Expert Targets Which DeFi Protocols? 6 Emerging Layer2 Projects to Introduce You

share
Nansen Airdrop Expert Targets Which DeFi Protocols? 6 Emerging Layer2 Projects to Introduce You

"If the market price continues to rise, many protocols will start issuing their own tokens, which means airdrops are coming," said DeFi researcher Ignas.

However, there are too many posts about airdrops on various social media platforms, causing information overload. Ignas chose to share the analysis from the on-chain data platform Nansen this time. Nansen labels users who have earned high profits through airdrops in the past as "Airdrop Pro." Here are the DeFi protocols that these airdrop experts have recently set their sights on.

1. Odos

Odos is a DEX aggregator that helps users exchange multiple cryptocurrencies in a single transaction and visualizes the exchange paths of the cryptocurrencies.

For example, in the diagram below, if you want to exchange USDC and MATIC for DAI on Polygon, it will go through 11 different protocols, each with its own characteristics.

Note: The currency exchange paths are updated in real-time, and Odos protocol can currently be used on Ethereum mainnet, Polygon, Arbitrum, Optimism, and Avalanche.

2. Orbiter

Orbiter is a cross-chain bridge protocol that focuses on real-time asset cross-chain transfers on Ethereum Layer2, saving users time compared to using native cross-chain bridges.

For instance, using the native cross-chain bridge on Arbitrum would require a 7-day waiting period, whereas using Orbiter can significantly reduce this time.

Ignas recommends cross-chain assets to ZkSync and Starknet for increased airdrop opportunities and completing Orbiter's official missions to obtain Discord identity.

3. Shell

Shell is a DEX built on Arbitrum, similar to Odos, assisting users in token exchanges across different protocols and reducing transaction fees, albeit with fewer token options.

Additionally, Shell provides asset bundling known as Shell-wrap. Ignas suggests trying this feature and providing liquidity to stablecoin liquidity pools on the Shell platform to earn Shell points, increasing airdrop opportunities.

4. LI.FI

LI.FI is a one-click multi-chain cross-chain bridge aggregator that displays various transfer paths after selecting assets to exchange and the chain to transfer to.

For example, exchanging USDC on the Ethereum mainnet for ETH on Arbitrum offers four different protocol options, each indicating the estimated network fees, transfer time, and number of protocols involved.

Ignas predicts that the number of LI.FI airdrops will be based on users' transaction frequency and the amount transacted.

5. Rage Trade

Rage Trade is an ETH perpetual contract exchange built on Arbitrum, offering stablecoin staking and mining features.

Ignas recommends trying long or short ETH on Rage Trade and staking in the stablecoin treasury.

6. Arrakis Finance

Arrakis Finance is a market maker protocol on Arbitrum that earns profits through liquidity supply strategies on Uniswap V3. The protocol can be used on Ethereum mainnet, Polygon, Arbitrum, and Optimism, with different strategy treasuries based on TVL, token types, and APR.

Each option in the image represents a different strategy treasury. To increase airdrop opportunities, Ignas suggests depositing assets into different treasuries based on preferences.

7. Optimism

In addition to the aforementioned protocols, Ignas also recommends completing various tasks on Galxe protocol to earn a chance for a second airdrop of OP tokens on Optimism.

The above information is shared by Ignas. Readers are advised to use various protocols with an experiential and learning mindset to become true users and contributors of the protocols, thereby increasing their chances of receiving airdrops. Additionally, due to significant security breaches in various cross-chain bridge protocols last year, caution is advised when using cross-chain bridges.