How can the public participate in these four projects' airdrops?

OdailyNews
2024-02-20 19:19:00
Collection
This article organizes four high-quality projects expected to airdrop in the first quarter of 2024: Hybrid, Kamino, marginfi, and DOP, providing a step-by-step interaction guide.

Original Title: "Mingpai Airdrop: Step-by-Step Interaction with Hybrid, Kamino, marginfi, and DOP"
Original Author: Lucaskog, Odaily Planet Daily

With the announcement of the Starknet airdrop, market sentiment has begun to FOMO, and more users are joining the "yield farming" army. However, some projects require long-term interactions, which not only consume time but also face many uncertain risks. Odaily Planet Daily has compiled four high-quality projects expected to airdrop in the first quarter of 2024: Hybrid, Kamino, marginfi, and DOP, guiding everyone through step-by-step interactions.

Hybrid

Hybrid is a high-performance Layer 1 designed for compatibility with the Ethereum Virtual Machine (EVM) and uses a 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 supports seamless integration with the Ethereum ecosystem through EVM compatibility, maintaining Ethereum's core functionalities and developer toolset while embedding the Atlas AI model to empower applications with AI capabilities.

The Atlas on-chain artificial intelligence/machine learning protocol serves as the cornerstone of Hybrid, continuously improving through data analysis, providing insights and recommendations for on-chain activities. Hybrid's DPoS consensus mechanism enhances transaction speed and network security, making it suitable for handling routine blockchain operations and the computational demands of AI-driven applications.

Participation Guide

In Hybrid's roadmap, the project clearly states that there will be a token release in the first quarter of 2024, with an 8% airdrop allocation.

Currently, the project has launched the Galaxy mission. Completing tasks such as following and retweeting, and joining Telegram and Discord can earn you points and credentials.

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

Kamino

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

Unlike other LP products, this protocol supports one-click automatic compounding concentrated liquidity strategies, laying the foundation for Kamino's development. Currently, 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 lend assets, provide leveraged liquidity to concentrated liquidity DEXs, build automatic liquidity strategies, and use concentrated liquidity positions as collateral. Kamino's product suite offers industry-leading user experiences, including transparent analytics, detailed performance data, and extensive position information.

Participation Guide

Kamino Finance has opened point acquisition for the first quarter, which will last for three months, with plans for an airdrop at the end of the first quarter.

Participate in Kamino Finance projects to earn points, with a default point rate of 1 point per dollar per day. However, depositing SOL can earn a 5x point reward, while depositing USDC, USDT, and USDH (derivative tokens on Hubble) can earn 3x points. Corresponding borrowing operations can earn 5x points, but borrowing funds will incur interest, so investors should DYOR.

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

To borrow tokens, click Borrow and repeat the above steps. It is recommended that participants borrow tokens with lower interest rates to avoid losses.

Point increases can also be used for other products in the Solana ecosystem or to hold certain NFTs. Additionally, Kamino has set some restrictions; please refer to the white paper for details.

marginfi

marginfi is a decentralized lending protocol on Solana that offers free real-time risk management and automatic liquidation features. It currently ranks third in TVL within the Solana ecosystem.

Unlike traditional lending institutions, marginfi is a completely permissionless system with no intermediaries involved, allowing users to directly access the protocol's services. At the same time, the risk management mechanisms employed by marginfi emphasize transparency, helping users better understand risks and manage overall solvency risks.

It also supports using non-collateralized trader positions from third-party trading protocols as collateral, allowing users to unify their entire DeFi portfolio within the marginfi blockchain ecosystem, gaining greater authority, flexibility, and options.

Participation Guide

The marginfi team has announced and pinned the 2024 roadmap on the X platform. The project also allows users to earn points through staking and lending, with 1 point earned for borrowing 1 dollar and 5 points for lending 1 dollar. The points earned are associated with the amount and duration of funds (for example, earning the same points for storing 1 dollar for ten days and 10 dollars for one day). Additionally, referring other users to use marginfi can earn 10% of that user's points, and so on. Visit the official website, log in, link your wallet, click Lend, and choose the token to deposit. Since the points are the same, participants can choose to deposit tokens with higher APY. Similarly, after depositing, click Borrow to borrow tokens.

Data Ownership Protocol

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

Participation Guide

The project has clearly stated that there will be an airdrop in the first quarter of 2024.

First, enter the testnet and create a new wallet (make sure to save the mnemonic, as future DOP airdrops will be sent to the newly created wallet). The activity consists of eight steps, with the first four being basic tasks such as following Twitter and claiming test tokens.

Fifth step: Encrypt your assets (remember not to encrypt all your assets, leave a certain balance).

Sixth step: Send assets (you can choose your own wallet address).

Seventh step: Decrypt assets.

The final step is to invite friends; inviting three friends will complete the task and unlock the airdrop. You can also register a secondary account to meet the invitation requirement.

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