How should I participate in the public airdrops of these four projects?

2024-02-20 15:30

Read this article in 12 Minutes

AI summary

View the summary

Original Title: "明牌空投：手把手交互 Hybrid、Kamino、marginfi and DOP"

Original Author: Lucaskog, Odaily Star Daily

With the announcement of the Starknet airdrop, market sentiment has started to FOMO, and more users are joining the "sheep shearing" army. However, some projects require long-term interaction, which not only takes time but also faces many uncertain risks. Odaily Star Daily has compiled four high-quality projects that are expected to airdrop in the first quarter of 2024: Hybrid, Kamino, marginfi, and DOP, to guide everyone through hands-on interaction.

Hybrid

Hybrid is a high-performance Layer 1 designed to be compatible with the Ethereum Virtual Machine (EVM) and uses Delegated Proof of Stake (DPoS) consensus mechanism. It integrates the on-chain artificial intelligence/machine learning protocol Atlas for on-chain data analysis and evolution.

Hybrid seamlessly integrates with the Ethereum ecosystem through EVM compatibility, supporting Ethereum's core functionality and developer toolset, while embedding the Atlas artificial intelligence model to provide AI capabilities to applications.

Atlas on-chain artificial intelligence/machine learning protocol has become the cornerstone of Hybrid, providing analysis and recommendations for on-chain activities through continuous improvement of data analysis. Hybrid's DPoS consensus mechanism improves transaction speed and network security, making it suitable for handling computational needs of both regular blockchain operations and AI-driven applications.

Participation Tutorial

In the Hybrid roadmap, the project clearly stated that token release will take place in the first quarter of 2024, with an 8% airdrop allocation.

Currently, the project has launched the Galaxy mission. By completing tasks such as following, sharing, joining Tg and Discord, you can earn points and credentials.

If you have Galxe Web3 points, you can get an additional credential. The project will launch a testnet soon, and participants can stay tuned and prepare for it.

Kamino

Kamino Finance is a protocol built on the Solana blockchain that provides liquidity and yield earning opportunities. It was incubated by Hubble Protocol and is currently integrated with the OKX Web3 wallet.

Unlike other LP products, what sets this protocol apart is its support for a one-click automatic compounding centralized liquidity strategy, laying the foundation for Kamino's development. Now, Kamino is a DeFi protocol that integrates lending, liquidity, and leverage, providing users with a unified and secure DeFi product suite. On Kamino, users can borrow assets, provide leverage liquidity to centralized liquidity DEX, build automatic liquidity strategies, and use centralized liquidity positions as collateral. Kamino's product suite offers industry-leading user experience, including transparent analysis, detailed performance data, and extensive position information.

Participation Tutorial

Kamino Finance has launched its first quarter point acquisition, which will last for three months and is planned to be airdropped at the end of the first quarter.

Participate in Kamino Finance's project to earn points. The default points rate is 1 point per dollar per day. However, depositing SOL can earn a 5x points bonus. Additionally, depositing USDC, USDT, and USDH (derivative tokens on Hubble) can earn a 3x points bonus. Correspondingly, lending operations can earn a 5x points bonus, but lending funds will incur interest, so investors need to DYOR.

Enter the official website, link your wallet, find the currency you want to provide liquidity for, click on Supply, enter the amount you want to provide liquidity for, and confirm in your wallet.

For lending tokens, click on Borrow and repeat the above steps. It is recommended that participants lend tokens with lower interest rates to avoid losses.

积分提升还可以用于其他 Solana 生态系统的产品或持有某些 NFT。此外，Kamino 也设置了一些限制, 详情参考白皮书。

The points can also be used for other products within the Solana ecosystem or for holding certain NFTs. In addition, Kamino has set some restrictions, please refer to the white paper for details.

marginfi

marginfi is a decentralized lending protocol on Solana, providing real-time risk management and automatic liquidation for free. Currently ranked third in TVL in the Solana ecosystem.

Unlike traditional lending institutions, marginfi is a completely permissionless system with no intermediaries involved. Users can directly access the protocol's services. At the same time, marginfi's risk management mechanism emphasizes transparency, helping users better understand and manage overall solvency risk.

It also supports using non-collateralized traders' positions on third-party trading protocols as collateral. Users can unify their entire DeFi investment portfolio within the Marginfi blockchain ecosystem, gaining greater authority, flexibility, and choice.

Participation Tutorial

marginfi has already released and pinned its 2024 roadmap on the X platform. The project also obtains points through pledge borrowing. Borrowing 1 USD earns 1 point, while lending 1 USD earns 5 points. The acquisition of points is related to the amount and time of the funds (for example, the points obtained by depositing 1 USD for ten days and depositing 10 USD for one day are the same). In addition, recommending other users to use marginfi can earn the user 10% of their points, and so on. To participate, visit the official website, link your wallet after logging in, click "Lend," select the token to deposit, and because the points are the same, participants can choose tokens with higher APY. Similarly, after depositing, click "Borrow" to lend the token.

Data Ownership Protocol

Data Ownership Protocol (DOP) is a data ownership protocol that utilizes zero-knowledge proofs to enable flexible transparency on top of Ethereum L1. DOP allows users and DApps to privately store assets and conduct transactions, or selectively disclose token holdings and historical information.

Participation Tutorial

The project clearly stated that it will distribute airdrops in the first quarter of 2024.

Firstly, enter the test network and create a new wallet (remember to keep the mnemonic phrase safe, as the future DOP airdrop will be sent to the newly created wallet). The activity is divided into eight steps, with the first four steps being basic tasks such as following Twitter and receiving test coins.

Step 5: Encrypt your assets (remember not to encrypt all of your assets, leave a certain balance).