Hey everyone, so I recently sat down with Cryptocurrency State, another YouTube channel here that specializes in airdrop and yield farming. We discussed in detail the best airdrops to farm and our strategies right now. So if you want to check it out, these are some of the highlights of that interview, and then the full-length interview will be posted on the Cryptocurrency State Channel. Hope you enjoy it.
Okay, so airdrops right now. We have many, many airdrops. Each day, more projects launch airdrops, so it's starting to get like a common thing. But my strategy right now is first to identify the type of airdrops, so I can make better decisions on what I want to spend my money and time and what I think is not really rewarded, at least for my airdrop strategy right now. So from 2024, I started the Spacy airdrop strategy. I know many of you are doing it in Cryptocurrency State, but I created 12 wallets, and I stake Cosmos, Celestia, Dimension, and B tokens.
The second strategy for airdrops that I can add something here. Yeah, you still don't have Jupiter. How do you still not have Jupiter in this list? I don't understand. Come on. Yeah, I farm Jupiter. I forgot to add it like a passive drop, okay? So Jupiter as well, that's good because the last airdrop from Jupiter was a very nice surprise. And of course, this is only some of the projects that I'm listing here. At some point, I have BUA, but right now, I went out from that position. So don't take this as the ultimate word, right? So this is only some of the projects or at least my strategy.
The third category is restaking in 2024. It's crazy with this. And I think it's a good strategy, but it's only if you have a lot of capital to put in. We saw what happened with Justin Sun just putting millions and millions to receive the Ilya airdrop. Yeah, airdrop. So we really cannot compete with them. So that is why I put Bread in this.
One of the bridges. I think it's a very interesting niche. And I really like this Wormhole layer zero. At least from my perspective, they were very good airdrops. And this could be also full of whales, but you really need to do transactions. So it's less difficult for whales to really get into everything. So yeah, right now I think Hyperlink is one of the very good bridges to do right now. But of course, consider that the funding is 18 million. It's not 200 million like Layer Zero Wormhole.
And finally, we have ecosystem airdrops. We are familiar with this. And here is where the very two per one airdrop three per one airdrop strategies begin, which is super, super to do if you are doing a specific airdrop or, you know, maybe you needed to put some liquidity pools there, then you are participating also inside.
Q: What was discussed in the interview about airdrop strategies and insights?
A: The interview delved into the best airdrops to farm, strategies, and insights in the airdrop and yield farming space.
Q: What is the Spacy Airdrop Strategy mentioned in the content?
A: The Spacy airdrop strategy involves creating multiple wallets and staking Cosmos, Celestia, Dimension, and B tokens for airdrop rewards.
Q: What is the Specific Projects Airdrop Strategy shared in the material?
A: The Specific Projects Airdrop Strategy includes farming projects like Jupiter and other selected tokens for airdrop rewards.
Q: What is the Restaking Airdrop Strategy outlined for 2024?
A: The Restaking Airdrop Strategy involves reinvesting capital in airdrops for potential gains, focusing on projects like Bread in the example provided.
Q: How is the idea of using Bridges for Airdrops explored in the discussion?
A: Bridges for airdrops, like Wormhole Layer Zero and Hyperlink, are highlighted as interesting niches for airdrop participation, especially for projects with significant funding like Layer Zero Wormhole.
Q: What is the significance of the Under the Radar Projects Airdrop Category mentioned?
A: The Under the Radar Projects Airdrop Category involves ecosystem airdrops and strategies like the two per one airdrop or three per one airdrop for participants who engage in specific airdrops or liquidity pools.
