The 2024 Airdrop season begins, multiple potential projects worth following

The 2024 Airdrop season has officially begun. In addition to prominent projects like Cosmos, EigenLayer, Renzo, and Berachain, there are more than 10 noteworthy Airdrop projects worth following, covering various fields such as Layer2, DeFi, Sui, Bitcoin, wallets, RWA, and Cosmos gaming chains. Let's take a look at what participation opportunities are available in these projects.

OP Mainnet

It has been reported that there may be 20 million OP available for Airdrop before April 2023. So far, 3 Airdrops have been conducted, distributing a total of 19,411,313 OP.

To receive the fourth OP Airdrop, you may need to delegate OP to active delegators. However, since the last airdrop was entirely focused on OP staking, the fourth airdrop may also adopt other criteria, such as interaction with OP Mainnet, Base, and other OP superchains like Zora.

Scallop

The Sui ecosystem has experienced explosive growth in the past six months, with a TVL exceeding 300 million USD, surpassing Bitcoin to become the third largest non-EVM chain. The SUI price has also seen a significant increase, reaching a high of 1.45 USDT on January 15.

Scallop is a lending protocol on Sui and is also a project for the recent Airdrop on Sui. Scallop's TVL is currently $61.4 million, ranking first in the Sui ecosystem. It is the first DeFi project to receive funding from the Sui Foundation and has the support of multiple investment institutions.

The Scallop token SCA can be used for governance, voting, liquidity mining, and lending interest fee discounts. The total supply of SCA is 250 million, of which 45% is allocated for liquidity mining, 18.5% is distributed to project contributors, 4% is for development and operations, 2% is allocated to advisors, 11% is distributed to strategic partners, 7.5% is allocated to the ecosystem/community/market, 5% is for liquidity, and 7% is distributed to the treasury.

Scallop has launched the second phase Airdrop on January 16, lasting for 2 weeks. Users can earn points by providing liquidity and lending, with daily snapshots taken, and points updated every 48 hours. After the event ends, users can exchange points for mysterious pearls.

NAVI Protocol

NAVI Protocol is also a lending protocol on Sui, with a current TVL of 54.55 million USD, ranking second only to Scallop. NAVI Protocol is one of the projects in the 4th issue of OKX Web3 wallet Cryptopedia.

NAVI Protocol has not yet announced Airdrop details, but the Leaderboard is live, and points are distributed weekly based on user activity and contributions. According to the roadmap, the utility token and governance token NAVI of the NAVI Protocol will be released in the first and second quarters of 2024.

StakeStone

StakeStone is a one-stop, full-chain LST staking protocol, comparable to Lido, which can bring native staking rewards and liquidity to Layer 2. StakeStone supports ETH Beacon Chain restaking and LST restaking, aiming to become the leading protocol in the restaking sector.

According to the data, StakeStone's TVL rapidly increased from $4.17 million on December 15, 2023, to $542 million on January 3, 2024, with the current TVL being $710 million. StakeStone has also been deeply involved in Manta's incentive activities, providing $720 million in liquidity out of Manta's $900 million TVL in the New Paradigm.

The native LST of StakeStone is STONE, which has now been upgraded to the full-chain LRT. STONE is an OFT based on LayerZero and can be seamlessly used in multi-chain liquidity markets through STONE-Fi. STONE does not adopt a rebase mechanism, but it is similar to Lido's wstETH in terms of generating yields.

StakeStone has not issued tokens yet, and the team is expected to launch Airdrop-related activities. Currently, users can stake ETH in StakeStone and earn rewards from the STONE-Fi ecosystem protocol.

Kelp DAO

Kelp DAO is another popular re-staking project, which is a multi-chain liquid staking platform. According to data, Kelp DAO's TVL is currently $167 million.

Kelp DAO is currently building an LRT solution on EigenLayer, with its re-staked token being rsETH, and currently supports LSTs such as ETHx, sfrxETH, and stETH. Users can re-stake these assets to exchange for rsETH, which can be used in other DeFi protocols.

Kelp DAO has launched the Kelp Miles incentive program to track user contributions to Kelp and to determine the future distribution ratio of rewards. In addition, all users who re-staked on Kelp before the EigenLayer deposit cap is closed are eligible to receive EigenLayer Points.

Kinza Finance

Kinza Finance is a decentralized lending protocol on the BNB Chain, using the ve(3,3) model to address protocol incentives and governance issues. The native token of Kinza is KZA, and users can stake KZA to receive xKZA, which can be used to vote and bribe for the liquidity pool.

According to data, the TVL of Kinza Finance rose from $1.89 million on November 1, 2023, to a peak of $78.06 million on January 15, 2024, and is currently $64.26 million.

The total supply of KZA is 100 million coins, of which 5% (5 million coins) will be used for Airdrop. Kinza has now launched an Airdrop points system, which will calculate the future amount of Airdrop that can be obtained based on the liquidity and time provided by users. Kinza has also introduced an Airdrop referral program for new participating users.

KiloEx

KiloEx is a perpetual DEX project on the BNB Chain, opBNB, and Manta. According to data, KiloEx's TVL is currently $14.51 million.

The native token of KiloEx is KILO, with a total supply of 1 billion, of which 10% will be distributed as an Airdrop to early adopters. KiloEx has launched the points Airdrop program V1.0, where users can earn points in various ways across three main networks. KiloEx Genesis NFT holders can receive xKILO token Airdrops.

ZeroLend

ZeroLend is the largest native stablecoin lending protocol on zkSync and the third largest on Manta Network, with a current TVL of $22.23 million. ZeroLend is based on Aave V3, supports account abstraction, provides ONEZ stablecoin, and plans to support RWA lending and privacy trading in the future.

The native token of ZeroLend, ZERO, has a total supply of 100 billion, of which 3% is allocated for Airdrop. ZeroLend has now launched the Airdrop points platform Zero Gravity, where users can earn points through various methods. The initial supply of ZERO is approximately 10% to 18% of the total supply, with 1% to 2% allocated for Airdrop.

In addition, users participating in Zero Gravity are also eligible to participate in potential future airdrops such as PYTH, MANTA, ZKS.

Halo Wallet

Halo Wallet is a DeSoc wallet that is integrated with the Lens Protocol, allowing access to user social graphs and analysis of on-chain transactions.

The Halo Wallet has launched the XP points system, allowing users to purchase the Genesis Pass to participate in various activities to earn points. Points will be linked to future Airdrops, with the airdrop plan expected to be announced in the first half of the year.

BOOL Network

BOOL Network is a decentralized signing protocol, and the team has been researching Bitcoin Layer 2 solutions. BOOL Network may be the same team as SatoshiVM, which recently conducted an IDO on Bounce.

The native token BOOL of the BOOL Network has a maximum supply of 1 billion tokens, with an initial supply of 500 million tokens. Among them, 3% of the BOOL tokens will be used for Airdrop. BOOL can be used for Gas fees, governance, and staking.

Tabi

Tabi (formerly Treasureland) is an NFT marketplace on the BNB Chain, which recently announced the launch of the EVM-compatible gaming blockchain Tabi Chain on Cosmos, with a testnet set to be released in February this year.

In 2023, Tabi completed a $10 million angel round of financing, with investors including several well-known institutions and individual investors. The Tabi official website has launched the 4th phase of the Voyagers Event, and completing the tasks in this series will earn you an Airdrop.

Ondo Finance

Ondo Finance is a RWA tokenization investment protocol that offers multiple tokenized fund products. Ondo has expanded to Polygon, Solana, and has launched on Coinbase.

The Ondo Foundation has launched the first batch of the Ondo Points Program, supporting multiple ways to earn points. In addition, Ondo will also initiate the second batch of the Points Program, which will collaborate with new projects and may provide retroactive Airdrops to the community.