• Home
  • Crypto Market
  • 2024 Update: A Comprehensive Guide to Tokenless Airdrops on Solana’s Top Protocols
2024 Update: A Comprehensive Guide to Tokenless Airdrops on Solana's Top Protocols

2024 Update: A Comprehensive Guide to Tokenless Airdrops on Solana’s Top Protocols

The Benefits of Airdrops

Airdrops are a popular marketing strategy for DeFi protocols that offer rewards for early users. Many protocols use a points system to incentivize user engagement and prepare for potential airdrops.

How Solana Airdrops Work

Solana protocols often use a points system to determine token distribution in a potential airdrop. The more activities users perform on the protocol, such as lending or staking, the more points they collect. Distribution volumes are adjusted based on supply percentage and the number of tiers.

Solana’s Top Tokenless Protocols

Several top Solana protocols with substantial backing have yet to launch a token but have implemented points systems. Jupiter, Zeta Markets, MarginFi, Kamino Finance, Parcl, and Marinade Finance all have potential airdrops in the future.

Jupiter’s Airdrop Strategy

Jupiter has designated 40% of its JUP token supply for airdrops. Users who engaged with the platform before November 2022 qualify for the initial airdrop phase, with additional rounds of future airdrops planned.

Zeta Markets’ Airdrop Program

Zeta Markets has introduced the Z-Score program to reward users based on their trading activity. The top three traders in each season accumulate the most points and receive exclusive rewards.

MarginFi’s Potential Token Launch

MarginFi may launch a token in the future due to investor backing and the introduction of a points system. Users can earn points through lending, borrowing, and referrals to potentially qualify for an airdrop.

Kamino Finance’s Dynamic Points System

Kamino Finance has introduced a points system with Seasons to incentivize user activity. Users can engage in various platform features to earn points and potentially participate in the $KMNO Genesis Airdrop.

Parcl’s Real Estate Investment Platform

Parcl rewards liquidity providers through its points system. Users can earn points by providing liquidity in LP Pools, trading, and referring others to the platform.

Marinade Finance’s Staking Protocol

Marinade Finance is a liquid staking protocol that offers rewards for staking SOL tokens. Users can use mSOL on supported protocols like MarginFi to increase their chances of qualifying for an airdrop.

Hot Take: The Potential of Solana Airdrops

Solana’s ecosystem is filled with tokenless protocols that utilize points systems, indicating potential airdrops in the future. These airdrops provide users with opportunities for rewards and engagement with the protocols. While the launch of tokens and confirmed airdrops are speculative, active participation in these protocols can increase your chances of receiving an airdrop once tokens are introduced. Keep an eye on these promising projects and make the most of their points systems to potentially benefit from future airdrops.

Read Disclaimer
This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.

Share it

2024 Update: A Comprehensive Guide to Tokenless Airdrops on Solana's Top Protocols