How to Find Airdrops in 2024 (My $30K Strategy)
Summary
TLDRIn this informative video, Patrick from Dynamo DeFi shares valuable insights on how to discover cryptocurrency airdrops, which can be lucrative opportunities. He recounts his personal experience of earning around $30,000 from an airdrop and guides viewers on how to identify promising protocols on platforms like Defi Llama and Airdrops.io. Patrick emphasizes the importance of researching projects with significant backing, active points programs, and those within burgeoning ecosystems like Cosmos. His strategies aim to empower viewers to find and capitalize on airdrop opportunities themselves.
Takeaways
- 💰 Crypto airdrops can be lucrative, with some individuals earning thousands of dollars from them.
- 🔍 The video provides a personal example of earning approximately $30,000 from a single airdrop.
- 🛠 The video aims to teach viewers how to find airdrop opportunities, emphasizing the importance of doing one's own research due to the inherent risks in cryptocurrency.
- 🌐 DefiLlama is highlighted as a primary tool for finding airdrops, especially its airdrop section which lists protocols without tokens.
- 📈 Sorting by total value locked (TVL) on DefiLlama can help identify protocols with significant user deposits and potential for valuable airdrops.
- 🚫 The video suggests hiding forked protocols to focus on unique projects more likely to offer airdrops.
- 💼 Looking for protocols with major backers and early investors increases the likelihood of future token launches and airdrops.
- 🏆 Active points programs within protocols are a strong indicator of potential airdrops, as they track user engagement for future rewards.
- 🌱 Focusing on emerging ecosystems can be beneficial, as new chains may airdrop tokens to encourage adoption and participation.
- 🔗 Airdrops.io is another resource that catalogs potential airdrops, providing a list of protocols and detailed steps for participation.
Q & A
What is the main topic of the video?
-The main topic of the video is teaching viewers how to find cryptocurrency airdrops for themselves, with a focus on how some people have made significant amounts of money from airdrops.
What is an airdrop in the context of cryptocurrency?
-An airdrop in cryptocurrency refers to the distribution of tokens by a project to existing users of a cryptocurrency or to a community in order to increase awareness and adoption of the new cryptocurrency.
Why do protocols give away tokens through airdrops?
-Protocols give away tokens through airdrops to bootstrap marketing, build a community of users and supporters, and distribute tokens to a broader audience rather than just insiders.
What is an example of a lucrative airdrop mentioned in the video?
-An example of a lucrative airdrop mentioned is from the protocol Jto, where the presenter personally made about $30,000 from the airdrop they received last month.
What is the first website recommended for finding airdrops?
-The first website recommended for finding airdrops is Defi Llama, which tracks stats for different DeFi applications and has an airdrop section.
What is the significance of Total Value Locked (TVL) when looking for airdrops?
-Total Value Locked (TVL) indicates the protocols with the most deposits, suggesting a larger user base and potentially a more valuable protocol, which could lead to more valuable airdrops.
Why is it important to look for protocols with major backers when searching for airdrops?
-Protocols with major backers are more likely to launch tokens because early investors and venture capitalists typically want liquidity for their investments, which often comes in the form of a token launch.
What is a points program in the context of DeFi protocols?
-A points program in DeFi protocols is a reward system that tracks user engagement and interaction with the protocol, often implying a future reward, which could be an airdrop of tokens.
Why should one consider the ecosystem when looking for airdrops?
-Considering the ecosystem is important because protocols in growing ecosystems are more likely to be valuable and to launch tokens, making their airdrops potentially more lucrative.
What are some tools mentioned for finding airdrops in the Cosmos ecosystem?
-Some tools mentioned for finding airdrops in the Cosmos ecosystem include mintscan.io for exploring the Cosmos chains and airdrops.do for cataloging potential airdrops and providing step-by-step guides.
What is the advice given for those interested in farming airdrops?
-The advice given is to use tools like Defi Llama and airdrops.do, to look for protocols with major backers, active points programs, and those in up-and-coming ecosystems, and to do thorough research before participating.
Outlines
💰 Introduction to Crypto Airdrops and Their Profitability
In the first paragraph, the speaker introduces the topic of crypto airdrops, highlighting how individuals can earn significant amounts of money from them. The speaker shares a personal experience of making $30,000 from an airdrop and emphasizes the importance of doing one's own research due to the inherent risks in cryptocurrency. The paragraph sets the stage for the video by explaining the concept of airdrops, using Jeto as an example of a protocol that gave away tokens to bootstrap marketing and build a community. The speaker also explains how airdrops work and why protocols distribute tokens to users, illustrating with the example of how Jeto rewarded its users with tokens once it launched, leading to substantial gains for those who had been staking through the platform.
🔍 Finding Airdrops: Strategies and Tools
The second paragraph delves into the strategies for finding profitable airdrops. The speaker suggests looking for protocols with major backers and early investors, active points programs, and those that are part of an emerging ecosystem. These factors increase the likelihood of a protocol launching a token and conducting an airdrop. The speaker uses the example of Prime protocol, which is backed by significant venture capital firms, to illustrate the first point. The paragraph also introduces tools like DeFi Llama, which tracks stats for different DeFi applications and has an airdrop section, allowing users to identify protocols that have not yet launched tokens but have a significant user base and deposits.
🌐 Exploring Airdrops in the Cosmos Ecosystem
In the third paragraph, the focus shifts to the Cosmos ecosystem, which is known for its airdrops to stakers of other Cosmos chains. The speaker introduces tools like mintscan, a blockchain explorer for Cosmos, and airdrops.do, which catalog potential airdrops. The paragraph explains how new chains in the Cosmos ecosystem often airdrop tokens to incentivize staking and participation. The speaker also discusses the process of identifying top protocols within the ecosystem that have not yet launched tokens, suggesting that these could be prime targets for potential airdrops. The paragraph provides a detailed look at how to use these tools in conjunction to find and track airdrops.
📢 Conclusion and Additional Resources
The final paragraph wraps up the video by directing viewers to additional resources for more information on airdrops. The speaker mentions a complete crypto airdrop guide for 2024, a Cosmos airdrop guide, and a Celestia airdrop guide, all of which are available on the channel. The speaker also promotes a weekly newsletter that includes up-and-coming narratives, on-chain analysis, and opportunities related to airdrops. The paragraph serves as a call to action for viewers to engage with the content further, like and subscribe to the channel, and stay updated with the latest in the world of crypto airdrops.
Mindmap
Keywords
💡Crypto Airdrops
💡DeFi (Decentralized Finance)
💡Liquid Staking
💡Tokenomics
💡Total Value Locked (TVL)
💡Forked Protocols
💡Points Program
💡Ecosystem
💡Airdrops.io
💡Blockchain Explorer
Highlights
Introduction to finding crypto airdrops and their potential for significant financial gains.
Personal experience of making $30,000 from a single airdrop.
Explanation of airdrops and why protocols distribute tokens for free.
Example of Jeto goo, a protocol that gave an airdrop to its users.
The lucrative nature of airdrops as demonstrated by the Jeto goo case.
Emphasis on the importance of doing one's own research before participating in airdrops.
Introduction to DeFiLlama as a primary tool for finding airdrops.
How to use DeFiLlama's airdrop section to identify potential opportunities.
The significance of Total Value Locked (TVL) in evaluating airdrop prospects.
The role of major backers and early investors in预示着即将到来的代币发行和空投.
The importance of active points programs as indicators of potential airdrops.
Strategic approach to identifying promising ecosystems for airdrops.
Use of Airdrops.doio as a complementary resource for finding airdrops.
Step-by-step guides on Airdrops.doio for participating in airdrops.
Exploration of the Cosmos ecosystem for airdrop opportunities.
How to use Mintscan to identify top Cosmos chains for potential airdrops.
The process of staking on Cosmos chains to be eligible for airdrops.
Airdrops.do1 as a tool for tracking ongoing and past airdrops in the Cosmos ecosystem.
The necessity of regularly checking airdrops.do1 for claiming airdrops in the Cosmos ecosystem.
Additional resources like the complete crypto airdrop guide for 2024.
The availability of a weekly newsletter for the latest airdrop and crypto opportunities.
Transcripts
in today's video I'm going to show you
how to find crypto airdrops for yourself
people are making thousands of dollars
from some of these airdrops and in this
video I'll show you an airdrop that I
personally made about $30,000 from last
month and then the exact methods that I
used to find this protocol and use it
before the masses were in welcome back
to Dynamo defi my name is Patrick as a
reminder nothing in this video is
financial advice and anything in
cryptocurrency even airdrop farming
carries risk so be sure to do your own
research before or using any protocols
and now let's get into the video to
start let's talk about what airdrops are
and why Protocols are giving away tokens
to people the best way to do this is
with an example and the example I want
to use is jeto goo is a protocol that we
were covering on this channel all the
way back in September and it's one of
the largest liquid staking protocols on
the salana network and basically the
reason that jto gave an airdrop and the
reason that a lot of protocols give
airdrops is that when they launch they
don't NE necessarily have a token goo
didn't and eventually when they do want
to launch a token there's of course some
of that's going to go to the team some
of it's going to go to early investors
but often times they also want to
distribute some to the community and
that's a good way to bootstrap marketing
it's a good way to build a community of
users and supporters online and also
it's a good way to get the tokens out
there into distribution so they're in
the hands of people besides solely
insiders and so what jto did was when
they finally launched their token in
December they rewarded heavily people
that had already been staking salana
through their platform and to give you
an example of how lucrative these can be
this is one of my wallets in personally
you can see that this received almost
14,000 goo tokens and if you look at
today's price $22.58
$258 these would be worth around 34
$35,000 at today's prices so very very
lucrative just for using an application
and so today's video we're going to talk
about exactly how you can find other
applications like this yourself I've
covered air drops a lot on this channel
but the saying is give a man a fish feed
him for a day teach a man to fish feed
him for a life time so the point of
today's video is to actually teach you
how to fish and show you how you can go
out and find some of these airdrop
opportunities for yourself awesome so
let's get into it first website that
we're going to use and I think this is
probably the main one that you would use
if you were trying to find airdrops is
defi llama I've talked about defi llama
dozens of times on this channel I have
many comprehensive guides on defi llama
and basically it tracks stats for
different defi applications but what a
lot of people don't know is that defi
llama actually has an airdrop section
you can see over here on the left
airdrops click on it and what this does
is this shows you all of the token list
protocols out there so these are
protocols that have users they have
deposits however they do not yet have a
token and you can see some were just
listed a day ago some were much older
and this is absolutely the first place
to start in looking for air drops
because these don't have a tokens some
if not most of these will launch tokens
eventually and a lot of those ones that
launch tokens are going to do some sort
of airdrop can't guarantee they will all
be as valuable as goo jto was almost the
perfect storm in terms of not many
people were farming it and it ended up
being very valuable however that doesn't
mean that that they won't be worth
something and I think there are still
some good opportunities out there all
right so we'll explore this page a
little bit first thing that I would
normally do is I would sort by total
value locked this is going to show you
the protocols with the most deposits
we'll zoom in a little bit and you can
see that largest one Sumi has almost 3
billion and then decreases from there
and the double-edged sword of when when
they have a lot of tvl is first it means
there's more users but it also means
that the protocol is likely more
valuable things for example like ien
layer and blast are being heavily farmed
almost guaranteed to do aird drops and I
think those are probably going to be
some of if not the most valuable air
drops of the Year another thing that you
might consider doing although it's not a
necessity is you might actually hide
your Forge protocols here and what this
does is this hides protocols that are
for from another protocol and some of
those Fork protocols could do air drops
still however they tend to be more
valuable if they're actually something
unique that was launched with a new
codebase rather than forking an existing
protocols codebase so to narrow down
your search you might consider hiding
forked
protocols problem is as you can see here
there's a lot right there are nearly a
thousand protocols on here and if you
look at protocols that actually have say
more than let's say more than a million
dollars of tvl you still have about 300
and probably doesn't make sense to farm
all of these so how are you going to
narrow down to the best ones well I'll
say there's really three main things
three that I like to look for when
looking for protocols to form and goo
actually fulfilled several of these
requirements which is part of why it was
such a lucrative airdrop the first thing
you'll want to look for is protocols
that have major backers and early
investors in the reason for that is that
if there are major VCS backing the
protocol then it makes it much more
likely that they're going to launch some
sort of token and the reason for that is
that those early investors those VCS
they're going to want liquidity for
their Investments at some point they're
going to want to be able to sell they're
going to want to be able to cash in and
because it's crypto usually the way that
protocols give liquidity to investors is
by launching some sort of token and if
you are buying a token on the open
market then it's of course sometimes a
negative if they have major backers
because they can sell and dump on you
but if you're getting an airdrop it's
actually a good thing because that
basically puts you in the same seat as
the early investors where you have
tokens that you got either at a well in
your case you're not paying for them at
all you're just using the protocol but
in the case of the investors they bought
them at a lower price but you are just
using the protocol you're getting tokens
for free and then you're the one who's
actually going to be selling them on the
open market so that's the first thing I
would look for and in order to do that
you could go to the Proto
website for example there's one protocol
that I've covered on this channel before
that I'm currently farming known as
Prime protocol and we'll go to their
website and what we can see here when we
go to the prime website is that they're
backed by jump framework and Arrington
capital and the fact that they have
those major investors early especially
investors who have in the past invested
in protocols with tokens doesn't
guarantee the launch a token but it
makes it much more likely and so that's
the first thing I would look for second
thing I would look for is Pro protocols
that have an active points program goo
for example had an active points program
that's part of why I was farming it so
heavily and what a points program is is
basically the protocol says we don't
have a token
yet however we are going to create some
sort of reward system to track your
usage of the
protocol and while that doesn't
guarantee an airdrop first off it's kind
of sleazy if they do a points program
and don't do an airdrop because how else
are they planning on rewarding people
right you know you're basically saying
we are tracking your usage of the
protocol for some sort of future reward
which since this crypto kind of implies
an airdrop everyone views it that way
and so that would be the second thing I
would look for and you can see a lot of
these top protocols by tvl actually do
have points programs that's part of why
they're so large igen layer margin fi
has one ether fi kelp Dow and if you
just go on the list hyper liquid a lot
of these protocols already have points
programs and to show you what that looks
like we'll go to kelp Dow we can see
that's here it's an infrastructure play
and if we go to their dashboard on their
site you can see they have kelp miles
which are their points it says they
track your contribution to kelp and
Define the proportion of rewards which
will be
distributed do we know that means an air
drop not necessarily however if they do
a token and they do an air drop
certainly it would make sense to tie it
into their kelp miles in additionally by
using kelp you earn points for i l
because they are reaking through won
layer and this isn't the point of this
isn't to shill kelp out although it is
on my list of potential airdrops the
point is that that's one of the things I
would look for because you want to use
your funds efficiently and if they have
a points program it makes it pretty
likely they're going to have a a token
and air drop eventually and the third
thing that I would look for is protocols
that are part of an upand cominging
ecosystem this was another reason why I
found jto for for example I was
interested in salana defi I saw one of
the largest protocols on salana didn't
have a token and so what that told me is
if salana becomes more valuable as I
expect it to and more people start use
it as I expected it to and that turned
out to be correct right because salana
was around I think $20 when we started
farming jto on this channel then that
protocol's aird drop would actually be
more valuable and so what you can do on
this defi llama dashboard is you can
actually filter by Chain for example we
can look at salana and we can then sort
by tvl and say okay these are the top
protocols on salana that don't have
tokens right now margin fi Camino drift
if you follow airdrops you've probably
seen these ones before and I'm showing
you that this is how you can find them
for yourself and you can even go down
the list and find some that are smaller
and maybe not being talked
about maybe you are interested in
another chain so let's say you were
interested in say let's see can let's
let's cck clear all and let's see say so
say is another upand cominging layer one
and you can see that there's some decks
as these are really small you know these
are probably two small to farm but
there's some on here let's go to
injective injective is another another
upand cominging layer one and you can
see here Doo swap I think it's a little
updated because they recently did there
recently did in Ido however you can see
there's some other protocols on here
Griffin black panther Helix that have
decent tvl but do not yet have a token
and so if you think that ecosystem is
going to do well then a good place to
start would be by looking at the top
protocols without tokens in that
specific
ecosystem that's defi Lama next tool
that I would look at is this website
airdrops
doio rather than leaving it to you to
find protocols that don't have tokens
yet what airdrops doio does is it just
cat cataloges an extensive list of
potential aird drops protocols that
don't have tokens protocols that have
points programs protocols that maybe
already have announced airdrops and you
can see here for example they've got
blasts they've got grass they've got
parcel scroll margin fi a lot of these
ones we already mentioned plus others
are already here and so what you can do
here is you can go to hot air drops to
see what's already popular and you can
go to potential air drops and there's
still going to be a lot here those same
criteria I mentioned before are still
going to apply but this is another
resource that you can go to to actually
find some potential air drops and note
that some of these things as far as I
can tell have already done air drops
so if 90% of them haven't haven't done
an air drop yet or don't have a token
still pretty good and then the cool
thing about this is it actually tells
you the actions to take for example if
we click on parcel look at this it's got
a step-by-step guide on things you can
do and you could actually use these
websites in conjunction by the way for
example you could go over to defi llama
and you might say margin fi looks
interesting I want to farm margin fi and
then you could go over to airdrops I
and you could actually find margin fi
let's go to
salana and then you could click on it
and then they've got their step-by-step
guide on what you can do to farm the
margin VI airdrop so as you can see
these two tools work together quite
nicely the third tool I want to show you
are rather it's a set of tools are tools
to find aird drops in the cosmos
ecosystem Cosmos ecosystem is a network
of chains like Cosmos Celestia osmosis
injective kujira and the cool thing
about Cosmos is that when new chains
launched and there's dozens launched and
there's probably hundreds more launching
in the near future often times what they
do is they want to actually airdrop
tokens to people who are
staking tokens for other Cosmos chains
and the reason they do that is that you
can think about it if you're launching a
new token you want to get it in the
hands of people who you know are going
to hold it stake it ideally even
participate in governance and so what
they can do is they can look at who's
doing that on other Cosmos chains and
then they can reward those people
according
and so this first website here is mint
scan and mint scan is just the
blockchain Explorer for Cosmos they have
this nice visual here of all the
different chains but what you can do
here is you can actually look at at uh
what the top Cosmos chains are and how
they're interconnected and you can see
for example that osmosis Cosmos Celestia
injective come out on top you may be
familiar with those already I've made
guides on how to stake those protocols
and farm air drops on those protocols in
the past but you can see there's some
others such as Neutron axar Juno and if
you want to find chains that you could
potentially stick for air drops this is
a good place to start I will say that
personally I'm primarily focused on
these top ones cuz that's who people
have tended to reward in the past but
there's some down here low F farther
down that have been rewarded as well for
example recently there was an air drop
to stargaze stakers and that's not to
say you should necessarily go out and
stake stargaze but the point is that you
can come across some other potential air
drops by looking at other Cosmos
ecosystem tokens and once you do stake
on Cosmos and again I've got a lot of
guides on that so check out the channel
you want to go to this other website
called airdrops do1 these two kind of
work in conjunction and what this does
is it's going to show you all of the
ongoing and past airdrops for the cosmos
ecosystem and the cool thing with this
is first you can go back and look at
what the requirements
were for example we can look at this
here we can look at the specifics for
who received the air
drop and you can for example go to
Dimension you can find out who receive
this Dimension airdrop and see okay
Celestia users got it and some other
groups did as well and then also you can
keep track of when you're actually going
to get these air drops because most of
these air drops you have to claim and
most of them have a cut off point where
after which you cannot claim for example
Dimension has a cut Point coming in the
near future so if you are sticking on
Cosmos you're going to absolutely want
to check in on airdrops one regularly
and if you want to really go down the
rabbit hole on airdrops I have several
other videos I've made that go into
specific airdrops that I find
interesting right now I have the
complete crypto airdrop guide for 2024
that goes through a lot of different
strategies I have my Cosmos airdrop
guide for
2024 and then I have my Celestia airdrop
guide for 2024 and I'll link all these
videos down in the description
additionally I have a Weekly Newsletter
dynamod def. substack
and I include upand cominging narratives
onchain analysis and opportunities that
I come across in the newsletter every
week so be sure to check that out as
well and for more videos like this one
be sure to like And subscribe until next
time this is Dynamo def5
浏览更多相关视频
ESSA ESTRATÉGIA VAI AUMENTAR SEU PORTFÓLIO
I Made $50,000 With Crypto Airdrops? ( EARN ON AIRDROP )
7 Trusted Online Earning Websites That Pay 95k Monthly 2024
My Strategy for Finding the Best Crypto to Trade (Daily Trading Routine)
Developers Getting Rich With This Hidden Token
My Crypto Portfolio For 2025
5.0 / 5 (0 votes)