Egg yolk, what’s the word with my favorite followers, the people I
like to call the viewers of the tube. I hope you know who I am…your boi Tyler aka
Chico & we provide the best of the best crypto content on the tube. Like crypto
airdrops that can make you rich, just for using the world of DeFi…so are you ready for
the next drop? Well get yourself ready for the parachute…because it’s time for Chico Crypto!
Airdrops, yes today’s episode is all about crypto airdrops as the airdrop buzz
fills the crypto space. Many projects have done it as of late… and many more are going
to do it in the future, so stay tuned as we predict the next BIG crypto airdrops
But if you didn’t know, the project who started it all was Uniswap…back in September of 2020.
Uniswap dropped a minimum of 400 UNI tokens, to anyone who interacted with the protocol…
With the current Uni price of about 25 dollars,
that means if you held the airdrop to today…that drop would be worth a cool 10 thousand dollars!!
Uniswap started the trend, and into 2021…the airdrops just kept coming.
DyDx pulled off a big one, recently Ethereum Name Service did one of their own,
Immutable X did, Gods Unchained too, and just yesterday we saw Paraswap pull off there’s.
Sooo, if you haven’t checked I would visit each of these rewards pages….for
DyDx go to their rewards page and dashboard, which I’ve included down in the description.
Connect your ETH wallet. If you’re eligible, then you will see your rewards under “Allocation”. To
be eligible, you need to not be a US citizen, and a user who had traded on dYdX protocols
(perpetual, margin, or spot) on Layer 2 or Layer 1 or deposited funds into dYdX’s borrow/supply pools
by the snapshot time. This Snapshot was taken July 26th of this year.
I would get a check in, as some people have claimed six figures from this airdrop…
How about Ethereum Name Service? Well US persons are actually eligible for this one and since I
have an address that hasn't claimed yet, I will walk you through the process. Go to their claim
dashboard, which can be found in the description. Connect the wallet you have your ENS domain names
in…you will then be taken to the page showing you how many tokens you available to claim…and
then click start your claim process. It will then go through a breakdown of the token,
and the articles of token ownership. Approve each of the articles…and then you will finally have to
sign a transaction….after the gaseless signing, you will have to delegate to represent you….I
just picked one at random, illuminate.eth…cuz I liked their name. You can change your delegate at
anytime…and finally, click claim and process an on chain transaction, which will cost you
gas..wait for the transaction to confirm, and once confirmed you will be showered with confetti.
Now for Gods Unchained and Immutable X, I’m not going to do walkthroughs for each,
as that would take me the entire video, but links for each claim are below.
Although US persons can claim GODS tokens and the requirements are as follows. A person must
have Held Genesis or Trial of the Gods Chest or NFTs or Held a Genesis or Trial of the Gods card
and/or chest at the time the snapshots were taken which happened in June of this year. You must be
connected to Immutable X wallet, and you must have played 1 GODS unchained multiplayer match.
Now the requirements to claim IMX for Immutable X are similar
to God’s Unchained. You must have played at least 1 multiplayer game of Gods Unchained.
You must have your wallet connected to your Gods Unchained account
and linked to Immutable X and you must have held a Gods Unchained NFT in your
Immutable X wallet before the Retrospective rewards snapshot date which was in July!
But US persons cannot claim. This retrospective airdrop from Immutable. Although they have found
a workaround…from their airdrop blog they say “Instead of receiving rewards in IMX, you will
get the USDC equivalent of IMX you earned via two price options. You will have 1 week to select
your preference before it defaults to the fixed price option due to logistical considerations.
And finally there is Paraswap which did their airdrop yesterday!
And unfortunately once again, US persons are not eligible to claim this one,
but if you are out of the US and have used this protocol…you
may have some tokens to claim. To claim just go to Paraswap, link for it’s down in the description,
connect your wallet and if you have any to claim they will show up in the PSP section,
click that and then you just have to click claim PSP and process a transaction.
Soo, these are some BIG airdrops that are still claimable…but if you want an easy way to see if
your missing any aidrops, there is an awesome website called earni.fi, which allows you to
put in any ethereum address or bsc address and it will scan it for any airdrops that are unclaimed!
Soooo now that we have gone through claimable airdrops right now, it’s time to look into the
future, for those coming airdrops…as many projects are looking to drop
tokens to their protocol users, and catch they hype of airdrop season
And I’ve said this before, and I’ll say it again…one of the two big rollups for Ethereum,
Arbitrum or Optimism.. are going to be doing an airdrop…because a competitor rollup,
Boba Network… which is a lot smaller…for now, just took the snapshot for their airdrop…
BOBA is providing incentives to use their rollup
through a token airdrop…which will increase TVL one the drop comes.
So, the other rollups will see this, and need to compete…who
do I think is going to do the airdrop out of Optimism and Arbitrum?
Well going to L2 Beat, we can see Arbitrum is already dominating without a token…having
over 50 percent of Ethereum l2 dominance…while Optimisim, without a token, has under 10 percent.
I personally would guess Optimism will be the first optimistic rollup to do it,
to help gain market share against Arbitrum and the other rollup solutions. And I
actually covered this before, showing how to use the Optimistic Layer 2,
to possibly be eligible for this airdrop…link for that video,
and tutorial is in the description as well (Link #8 optimism airdrop video)
But the biggest hint, that Optimism will be doing an Airdrop, comes from their biggest VC
backer. Paradigm, if we go to their portfolio of companies,
we can see of course optimism is in there…but they were also holding Uniswap, Dydx, and Reflexer Labs
in the portfolio before each of their retrospective airdrops. Paradigm is a VC firm
that wants to make money, and one of the best ways to make money in crypto is through a token launch…
Soo, this is a good place for airdrop research in my opinion. Look for defi projects and
protocols in Paradigm’s portfolio, who are tokenless…and the ones’ from Paradigm’s portfolio,
I think could be doing it…are the Argent Wallet and another one at the very bottom,
the Yield Protocol…links for both those DeFi applications are in the description as well
Now everyone should know about Metamask and has probably used it in some form…which is a
good thing, as Metamask is most likely doing an airdrop. Last Week Consensys founder Joe
Lubin tweeted this in reply to someone saying they weren’t going to airdrop tokens. He said “Andrew,
ConsenSys has thousands of tokens on our balance sheet. ConsenSys is vigorously controlled
by its employees, which includes me. And we are driving towards decentralization
of several of our projects. Wen $MASK? Stay tuned. Wen objective journalism”
So, metamask wallets, across your computers…make sure you remember the passwords,
and if you haven’t in any of those wallets…make a swap, as swapping through their own interface
may be a requirement for the airdrop…or you may get a bonus for swapping too!
Now the last airdrop, I would like to make you guys aware of is one I covered
right before I went to Portugal, in this video dropped just over a month ago. That is
zksync and let’s just replay the clip, which confirmed to me, they are going to do one.
Well, they basically just confirmed this again…yesterday. Spencer Noon tweeted
“It’s a damn shame there aren’t more community owned ETH L2s. A Chris Burniske replied “zksync
will be community owned.” Of which the zksync twitter replied to Chris…. “True to the core”
So, in that video I posted last month also did a tutorial of how to
possibly be eligible for zksync’s, That video is also down in the description…
So my friends, it’s airdrop season…and I covered the ones,
I feel are most likely to do it in the short to mid term…but there are more,
I just didn’t have time to cover them. Hop protocol, across protocol, opensea,
Zerion, and DeFi saver…let me know down in the comments if you have any potential ones,
and remember all links for everything discussed are below. Cheers I’ll see you next time!