potential solana airdrop guide

How To Get Listed For Profitable Airdrops On Solana

Solana Protocols With Upcoming Airdrops:

ProtocolAirdrop StatusPoints System?Points Boost Code?
Jup.ag1 round completed, 3 more rounds comingNo
ParclConfirmedYessca
DriftConfirmedYesapp.drift.trade/ref/sca
JitoSOLCompletedYes
MarginFiRumoredYes
Backpack NFTRumoredNo
Tensor NFTRumoredNo
Kamino FinanceConfirmedYes
Magic EdenRumoredNo

Jup.ag

On November 15th, 2023, the Jupiter Protocol confirmed their plans for an airdrop.

While the first round of airdrops is over, you can still become eligible for the next three rounds.

Use the different products on jup.ag – set limit orders, execute swaps, and build up your transaction volume as much as possible. Since transaction fees are so cheap on Solana, you can execute a bunch of actions without worrying about losing money to fees.

The first round of the airdrop gave a x5 volume boost for transactions made using the limit order and DCA function.

https://jup.ag/

Parcl Protocol

The Parcl protocol uses an Automated Market Maker design to offer decentralized perpetual contracts for trading real estate markets.

You can deposit USDC to long or short different real estate markets across the globe. The Parcl protocol also allows you to add leverage to your trades. While interacting with Parcl, you’ll earn points that will have a future use case within the protocol.

You can also provide liquidity on Parcl to increase your volume and total transactions in the protocol. Adding liquidity to the protocol is the easiest way to build points without having to manage your account.

https://app.parcl.co/

Read how the Parcl protocol works here – https://docs.parcl.co/

Enter code sca to get a 5% boost on your points for the airdrop.

Drift Protocol

Drift recently announced their plans to run a points system as a build up to their token generation event.

Deposit some SOL into Drift to start building up your activity. Your deposited SOL will automatically start earning interest and you can use the same SOL to make trades or provide liquidity. Both of these actions will help you build activity for their airdrop.

You can also use Drift’s swap function to build up your activity.

https://app.drift.trade/

https://app.drift.trade/ref/sca – get 5% off your trading fees and support us by using our ref link!

JitoSOL

JitoSol successfully distributed the JTO token with an airdrop. The JITO points system gave people 1 point per Solana each day they staked with JitoSol.

The lowest tier of uses received 4941 tokens, valued at around $1.70 at launch, making this a lucrative airdrop for JITO’s users.

With the successful launch of JTO, Jito remains the leading liquid staking protocol on Solana.

jto airdrop distribution

http://jito.network/staking/?ref=sca

http://jito.network/staking

MarginFi

MarginFi is a popular lending protocol on Solana. Start Supplying and borrowing assets to build up your volume. You can also stake your SOL for LST.

Backpack NFT

Backpack is an NFT platform and wallet, all in a single mobile & computer app. Backpack plans to launch an exchange in the future. 

Start by installing the Backpack wallet on your phone or computer.

https://www.backpack.app/downloads

Once you have the wallet set up, buy some NFTs and use the wallet to make swaps. Again, build up as much volume as you can.

The Backpack/Pyth drop allows people to stake SOL to receive PYTH. However, you need to complete KYC to become eligible for this drop.

Tensor NFT

Tensor is another NFT marketplace rumored to be launching a token.

As usual, building up your activity on the Tensor platform will help you become eligible for the airdrop. Deposit some SOL into your Tensor wallet which will allow you to use their bid system. Bidding on collections in the top 100 will give you loyalty points.

Holding Tensor’s flagship collection, Tensorians, will increase your eligibility. Staking your Tensorian on Tensor will also contribute to your rank.

Kamino Finance

Kamino Finance is a protocol that incentivizes liquidity for DEXs by giving rewards to users. 

The Kamino protocol allows you to supply assets to earn yield. Then, you can also borrow against your deposited collateral. Check out this overview of Kamino Finance where we go into which actions are most likely to get you listed for an airdrop.

Magic Eden

Magic Eden is another NFT marketplace and a rival to Tensor. There’s a good chance both teams will try and out do each other when it comes to airdrops and rewarding their userbase.

Magic Eden announced they will launch a token with the ticker NFT.

Holding Magic Eden’s NFT, Magic Tickets, is rumoured to get you listed for an airdrop. Logging in daily, buying NFTs at floor price, and collecting diamonds are actions you can take to build activity and get listed for the airdrop.

Magic Eden also has a loyalty program which will likely play a factor in how the tokens are distributed at launch.

https://magiceden.io/marketplace/magicticket

magic-tickets-solana-nft-airdrops

Solana Airdrops Summary:

  • Jupiter Protocol Airdrop:
    • Confirmed plans for an airdrop on November 15, 2023.
    • Ongoing eligibility three more rounds.
    • Increase transaction volume on jup.ag
  • Parcl Protocol:
    • Utilizes Automated Market Maker design to allow people to trade decentralized real estate markets.
    • Global trading of real estate markets with options for long or short positions.
    • Earn points by interacting with Parcl
    • Provide liquidity to build volume
  • Drift Protocol:
    • Rumoured potential source for an airdrop.
    • Earn a fixed percentage by depositing Solana into Drift Protocol.
    • Build volume by supplying liquidity to Drift’s liquidity pools.
    • Trade Perpetual contracts on Drift to build volume
  • JitoSol Protocol:
    • Completed airdrop in December 2023.
    • Stake SOL for JitoSOL to earn points for future use.
    • Earn 1 point daily per Solana in the JitoSol protocol
    • JitoSol usable in various protocols, including Drift and Jupiter Protocol.
    • Use JitoSOL in popular protocols to maximize JitoSOL points
  • MarginFi:
    • Popular Solana lending protocol.
    • Build volume by supplying and borrowing assets.
    • Stake SOL for LST in MarginFi.
  • Backpack NFT:
    • NFT platform + wallet with plans for a future exchange.
    • Install the Backpack wallet, buy NFTs, and make swaps to build volume.
    • Aim for $10,000 in volume for the Backpack/Pyth drop, requiring KYC.
  • Tensor NFT
  • Kamino Finance:
    • Incentivizes liquidity for DEXs by providing rewards to users.
    • Supply assets to earn yield
    • Borrow against deposited collateral in the Kamino protocol
  • Magic Eden
    • Hold Magic Ticket NFT
    • Build activity on the platform
    • Perform loyalty tasks
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