Points PUA is gradually being despised, which airdrops are still worth paying attention to?

Source: CC2 (Revanchist Arc) X Account

Author: CC2 (Revanchist Arc)

Compiled by: Deep Tide TechFlow

Here is the updated list of most airdrops that I am still working on so far.

L2 Scroll

• Trading weekly on different dApps, aiming to use at least 20 different dApps and achieve over $100,000 in trading volume until the airdrop is distributed. The team is actively listening to feedback, and Vitalik is optimistic about this project. Despite the project's popularity and "over-mining," I feel good about it.

Liquidswap/Pontem/Lumio

• Bridging ETH to Lumio and earning 4 badges. The main task now is to swap 2-3 times weekly on Liquidswap and provide some liquidity. While the team listens to community feedback, Aptos is also getting a lot of exposure.

Orderly (+ LogX)

• Driving at least $300,000 in trading volume weekly. Players with only a small amount of funds are not recommended to participate. I am doing this because I see the project's conclusion, and the mining opportunities on perpetual DEXs are quite attractive.

Zora

• Minting 2-3 times a month. It is also important to create your own collection and let people mint it. The earnings from the $ENJOY airdrop have already covered all costs tenfold.

zkSync

• Mainly using ZyFi on zkSync, occasionally using Syncswap and Bebop. Just to stay active, and the fees are very low.

Linea

• TX utilization seems to have ended. I only spent a few hundred dollars to purchase Linea Surge. Sunk cost fallacy (might as well keep going).

Cross-chain Interoperability

• Hyperlane is currently the most confident choice in the interoperability field. But LayerZero was also once, so take this with a grain of salt. I like their modular approach and customizable security. Currently, it can connect to any EVM or Cosmos chain, and with lower fees/faster speeds, it has an advantage over competitors with more funding. Technically, interoperability projects are the "missing pieces" for all L1/L2/L3, but the market doesn't seem to value these projects (at the moment). The most important might be to use their flagship bridge: https://usenexus.org.

• Jumper reaches 10 chains monthly and tries to use it when swapping tokens. Good product-market fit, well-funded, and the dApp performs excellently. However, with over a million wallets, it means "over-mining."

• Bungee (+Zapper) is similar to Jumper but has slightly less coverage. They are building a lot (this is not a joke, check out Socket Twitter). Zapper hinted at issuing tokens today, and I am still using it as it is also supported by Socket.

• Mayan Wormhole still retains a share for a second airdrop. Mayan is an excellent EVM<>Solana bridge without overcomplicating things.

• Squidrouter has raised a lot of funds and is somewhat low-key. I like using it to bridge into/from Scroll and Base, using less compared to other interoperability projects.

• deBridge When you mine on deBridge, you are mining an ICO. Burning to earn airdrops has not disappointed so far, so I might participate to some extent (without overcommitting).

• Orbiter has been continuously utilized over the years. Frankly, Orbiter has a high product-market fit (PMF) due to its smooth user interface and user experience. When I am too lazy to operate, I use Orbiter because it is simple, reliable, and fast. Although I hold a conservative attitude towards their airdrop, the outcome remains unpredictable.

Cross-chain Interoperability - Lower Tier

• ZetaChain #2 ranks lower because it has already conducted one airdrop. Gaining weekly experience points is very cheap and quite fun, so why not?

• Magpie "April TGE" did not materialize, so I am bearish. Still pushing some trades as it qualifies me for Wormhole. Although Jump participated in 500 projects, I still chose to join.

• Rango "Profile" tag is not working properly, bearish. Uncertain if they track activity. My usage is very mild. The benefit is: available on many chains, increasing unique dApp usage (e.g., for Scroll).

• Zerion raised $22 million. I bought the cheapest NFT, and now I only swap and bridge once a month. They charge a 0.725% fee, which is too expensive. If you are serious about qualification, you should also use their wallet and other products. They might replicate MM but will never issue tokens.

Solana

• Tensor Szn #4 Since the beginning of 2023, the airdrop effect has been amazing. It may succeed again, but NFT trading is very PVP. Not recommended for those not well-versed in the field (it's easy to lose all funds).

• PhoenixTrade Conducting a limit trade once every other day on one wallet. The same goes for Drift, with huge returns. Solana airdrops = good.

• Backpack Exchange Conducting 2-3 trades daily, only swapping Meme coins. Backpack has deep connections, and you can always get your fees back in ecological airdrops (Wormhole, Pyth, Tensor, etc.).

Liquidity-based

• Sanctum + Meteora A good 2+1. No Jito replication, but if you have enough scale, it's a very comfortable farm with Solana price exposure. Meteora has overlapping team members from Jupiter.

• Elixir Optimistic about perpetual mining opportunities. Trading pairs offer decent returns (15-20%), with BTC/ETH exposure.

• Ambient (mainly on Scroll) Frequent building activities (not Meme). Feels comfortable because it’s on Scroll, and perhaps has some Berachain angle.

• Zircuit Initially very optimistic because it was L2, later realized everyone is building L2 now. Still worth acquiring: Zircuit, Eigen #2, LRT of choice, ETH exposure + returns.

• MarginFi It took too long for them to launch their own token, so the market won't be too generous. I am still in it because I am too lazy to repay loans and withdraw. The likelihood of Kamino replicating is much higher than Jito. *If you deposit INF, you will qualify for 3 airdrops.

Main Focus

Scroll, Hyperlane, Jumper, Liquidswap, Tensor, Elixir, Sanctum + Meteora, Zircuit combine into a four-in-one toy, perhaps with Bungee. I will also add Ambient, but it may disappoint most people as it is linear.

Many airdrop projects I am working on will inevitably:

• Become worthless due to poor execution/lack of product-market fit.

• Take too long for airdrop timing, also known as "time scams."

But some of them will also:

• Bring returns more generous than you expect (similar to Jito, Wormhole, Manta Galxe).

• Indirectly qualify for other airdrops (results include: Avail, zkFair, Celestia).

Having high confidence in a single airdrop actually means you are putting all your trust in one project/founder, relying on their correct execution and a multitude of additional variables (hoping for their favor). This is why the "Spray and Pray" strategy (broadly participating in multiple projects in hopes of gaining some significant returns) works best for me. "Consistently" earning a few thousand dollars here and there until it eventually accumulates into a substantial amount and reaches critical mass.

As a result, you can now focus more intently on a few projects (whether through more trades or liquidity) while still keeping your "Spray and Pray" strategy active.

Research the term "airdrop snowball," which is equivalent to "compound interest" in traditional finance. While memes far exceed airdrops in returns, for those starting with only a few hundred dollars, this remains the best way to acquire capital, especially from a risk-adjusted return perspective.

The right approach is:

• Immediately start participating in airdrops after realizing this specific area is still inefficient, following Arbitrum.

• Strive for airdrop earnings in the hundreds of thousands of dollars.

• Continue participating in airdrops while allocating some funds into memes for "long-term investment."

This does not mean that if you haven't been capitalized, the airdrop ends. It just means the market has become extremely saturated and competitive, with many failed examples along the way leading to "dust drops," and teams are also capitalizing on the airdrop frenzy.

The market has become more efficient, and the advantages in this specific area have been diminished, leading to lower investment returns.