8 Promising Solana Airdrops to Keep an Eye on
The Solana blockchain continues to attract cryptocurrency investors looking for profitable airdrops, especially in a market where memecoins and artificial intelligence are gaining popularity.
In order to engage the community, some Solana-based projects offer rewards to users who complete tasks such as staking, liquidity provision, and referrals. Analyst Lockridge Okoth separated eight promising airdrops on Solana to take advantage of opportunities without needing initial investment.
Switchboard: Saving with On-Chain Liquidity
The Switchboard airdrop, still in the confirmation phase, promises rewards for those who provide liquidity to partner projects or complete specific missions.
The protocol allows you to earn ORBs, which are distributed to users using platforms such as RainFi, Save and Marginfi. With a partnership with Monad, Switchboard seeks to increase user engagement. Experts recommend being active on Discord and interacting with the mentioned protocols to increase the chances of earning rewards.
Stabble: Simplified Liquidity for the User
Stabble, a liquidity and trading platform, has reserved a significant airdrop for its most engaged users. Participants earn points by performing swaps, depositing liquidity and managing pools, with the airdrop value varying depending on the number of points accumulated. The project highlights that the most active users, who also provide detailed feedback about the platform, will be more likely to receive rewards.
Solana Airdrops
Kamino Finance: Concentrated DeFi Strategies
Kamino Finance offers an airdrop based on usage of its products such as loans, vaults, and long and short term positions. In the current season, users can accumulate points that will ultimately be converted into KMNO tokens. In previous seasons, Kamino distributed around 350 million tokens, equivalent to US$13.5 million.
Dawn: Community and Decentralized Connectivity
Dawn proposes an innovative approach, allowing users to buy and sell internet capacity. Although the airdrop is not yet confirmed, the project offers points to those who participate as validators. The program also encourages new user referrals and interaction on social media. By converting accumulated points into future rewards, Dawn aims to foster community participation.
Cube: Advanced Multichain Experience
Cube stands out with its focus on decentralized protocols and Web 3.0 infrastructure, preparing the launch of its token for 2025. Currently, users can participate in tasks on the testnet to earn rewards in Loot Boxes, which are distributed weekly. The expectation is that Cube will become one of the main names in the Solana ecosystem.
Solayer: Building Re-Staking Network on Solana
Solayer offers rewards for new users and deposits on its mainnet. By staking SOL tokens, users accumulate points that can be redeemed for future airdrops when the native token is launched. Additionally, those who meet requirements such as continuous deposits and referrals earn additional multipliers.
Flash Trade: Profitable Trading with Rewards
Flash Trade, which plans to launch its FAF token in the last quarter of 2024, has already confirmed an airdrop for those who hold Flash Trade NFTs. To accumulate points and increase rewards, the platform encourages users to trade, open positions and deposit into liquidity pools.
The Vault: Union of Financial and Social Interests
The Vault allows users to accumulate points by staking SOL or participating in the Saber SOL-vSOL liquidity pool. Although the token's launch has been postponed until 2025, the project attracts users with the promise of a future airdrop, where accumulated points can be exchanged for governance tokens.