As the conference approaches, rumors are spreading. Is the Sui ecosystem迎来 a new round of airdrop season?
Sui Basecamp will be held in Paris this week. Which Sui projects have hinted at airdrops, and how can one participate?Written by: Alex Liu, Foresight News
Is Sui About to Enter Airdrop Season?
Announcing airdrop news at ecological conferences may be the new trend in project marketing. Last year, Jupiter, which announced the airdrop of JUP tokens at Solana Breakpoint, certainly attracted a lot of attention and discussion.
Recently, various signs suggest that many Sui projects may replicate Jupiter's strategy, making the Sui Basecamp conference, scheduled to be held in Paris, France from April 10 to 11, the beginning of a new round of airdrop season for Sui.
Hints from Co-founder
Adeniyi is the CPO and co-founder of Mysten Labs (the Sui development company). A few days ago, he retweeted a tweet with an image and commented, "Tell me what you see :-)." The image features many parachute patterns and various representations of projects on Sui—recognizable images include Fuddies and DeSuiLabs (top NFTs on Sui), Tails by Typus (NFT, Sui options protocol), Aftermath Eggs (Sui trading aggregator, DEX), FUD the Pug (meme coin on Sui), and more.
Adeniyi's retweet and comment
When DeepBook, an order book liquidity protocol on Sui, announced its airdrop on March 29, he further retweeted and commented, "Check your wallet 🪂, this is just the beginning of an interesting season." This seems to hint at an upcoming airdrop season.
Adeniyi's retweet and comment
It seems that the expectations for airdrops in the Sui ecosystem are indeed high. Below, we analyze several specific projects.
Suilend
Airdrop Clues
Suilend is a new lending project founded on Sui by 0xRooter, the founder of the lending protocol Solend on Solana. In addition to confirmed airdrops for Solend users, it is highly likely that Sui users will also receive airdrops. On April 7, its official Twitter posted an image with only the date "4.8," seemingly hinting at an important announcement on that day. Adeniyi retweeted this post with a 🌧️ rainy cloud emoji, possibly suggesting an airdrop is coming.
Adeniyi's retweet and comment
Participation Guide
To qualify for the lending protocol airdrop, deposits and loans are essential. However, unlike other permissionless lending protocols, to participate in the current phase of Suilend, users need to hold a Suilend Beta Pass, an NFT pass. This NFT can be obtained through events held by Suilend and its partners or purchased on NFT markets like tradeport, with the current floor price around 11 SUI.
Interface related to Suilend Beta Pass on tradeport
Once you have the Suilend Beta Pass, you can deposit and borrow on the Suilend official website. Due to the SUI token incentives from the Sui Foundation, the interest rates for DeFi on Sui are quite attractive. It is important to note that Suilend charges a one-time borrowing fee of 0.3%, and recovering costs for operations like circular loans may take some time.
Interface related to Suilend official dApp
SuiNS
Airdrop Clues
SuiNS is the address domain service on Sui, acquired by Mysten Labs last year. In January of this year, Adeniyi conducted a survey on X, primarily asking, "Should we fully decentralize a core project of Mysten Labs?" 94% of respondents chose "Yes, and airdrop it!"
Related tweet
The core projects of Mysten Labs mainly include the Sui network, the soon-to-be-closed Sui Explorer, zkSend, zkLogin, Sui Wallet, and SuiNS. Among these, SuiNS appears to have the highest probability of issuing tokens and airdrops. On March 16, Adeniyi retweeted a post from the project that allowed domain holders to enter Discord for verification roles, commenting, "Do this now."
Adeniyi's retweet and comment
This further raised expectations for SuiNS airdrops, as the floor price for the activated SuiNS Day NFT, which grants exclusive roles in the SuiNS Discord, skyrocketed from under 50 SUI to nearly 200 SUI.
Related page for SuiNS Day NFT on tradeport, with price trends below
Participation Guide
The overall steps are to first become a SuiNS domain holder and then enter its Discord for verification.
The available DC role groups include 5 types: the Activited Day 1 NFT role obtained by holding an activated SuiNS Day NFT, the Whale role for holding 10 or more domains, the Collector role for holding 5 to 9 domains, and the basic SuiNS Club domain holder role.
Rules for obtaining roles in SuiNS Discord
It is important to note that you do not need to register a domain on the SuiNS official website for a price starting at 20 SUI per year; you can purchase it at a cheaper price on NFT trading platforms like tradeport.
Prices for obtaining domains on the official website
Floor prices for domains on the secondary market
To obtain the Activited Day 1 NFT role, you can purchase an activated SuiNS Day NFT on the NFT market. It is important to note that while unactivated SuiNS Day NFTs are cheaper than activated ones, they are worthless and cannot be activated again. You can filter for activated NFTs in the market by setting the "active" attribute to "true."
After obtaining these domains and NFTs, enter the SuiNS Discord and verify in the domain-verification channel. Once the corresponding role appears successfully on your profile page, you are all set.
Role displayed on Discord profile page
Navi
Airdrop Clues
Navi is the protocol with the highest TVL on Sui, primarily focused on lending. It previously issued tokens through an IDO on Cetus but has yet to conduct a user-targeted token airdrop.
TVL ranking of Sui ecosystem protocols on DefiLlama
When users engage in "Daily Wen," a Discord administrator mentioned that there will be a conference in April, which may involve significant actions.
Navi has an ongoing points system, and its documentation states that points will play a key role in the "upcoming" airdrop.
Participation Guide
Visit the Navi official website to make deposits and loans. Points will be calculated every Monday based on the relative ranking of deposit and loan amounts. Each week's deposit and loan scores are capped at 1000 points, with lower rankings resulting in reduced scores; for example, scoring 650 points if ranked in the 5%–10% range. In addition to deposits and loans, there are also active points capped at 200 points per week.
Navi's score panel
Navi's weekly score settlement
Tip: Navi does not charge a one-time fee for borrowing. Cleverly cycling loans can generate higher points with lower capital. Additionally, the weekly 200 active points are easy to obtain; simply claim deposit rewards daily to earn most of the points.
