Top Solana airdrops in 2024
Solana airdrops:
In 2024, airdrops have become a major trend, with the Solana ecosystem airdrops taking center stage. This article explores the top Solana (SOL) airdrops, explains how they operate, and offers insights on how you can participate in the upcoming Solana airdrops throughout the year.
What is an airdrop?
Airdrops are a promotional technique in which blockchain projects distribute free crypto tokens to spread awareness among cryptocurrency investors. By giving away tokens, projects aim to build a community, generate interest, and ensure more decentralized ownership of their tokens.
Each crypto project sets specific criteria for eligibility to receive these airdrops. Some projects require users to follow them on social media and share their content to boost online visibility, while others ask users to engage with the project directly, such as connecting a crypto wallet on their platform. Participants who complete these tasks earn tokens that are then distributed directly to their wallets on a predetermined date.
Top Solana airdrops to watch in 2024
There are many Solana airdrops to expect in 2024, but here are the top three to look out for:
1. Kamino
Kamino is currently the largest lending platform within the Solana ecosystem, boasting a Total Value Locked (TVL) of approximately $1.598 billion. It allows users to borrow USDT by using their SOL tokens as collateral and rewards them with points for various transaction-related tasks.
Every quarter, active users are awarded KMNO tokens based on the liquidity they contribute to Kamino. By providing liquidity in KMNO tokens, users can earn additional rewards as well as market-making fees, creating further incentives for participation.
In August 2024, Kamino completed its “Season 2” airdrop, distributing 3.5% of its token supply, equivalent to 350 million KMNO tokens, valued at around $13.5 million. This airdrop primarily benefited users who staked KMNO during that season.
Currently, Kamino is in Season 3, with details on airdrop specifics yet to be disclosed. However, the project is ambitiously aiming for a $10 billion valuation this season, suggesting that similar airdrop opportunities may be available to users who actively engage with the platform.
2. Meteora
Meteora is a DeFi project on the Solana blockchain, focusing on providing dynamic liquidity protocols. Although Meteora hasn’t officially announced an airdrop, it has launched a points campaign that could potentially allow users to earn future MET tokens prior to the token’s official release. As of now, Meteora points can be traded on whales.markets, offering users a way to buy or sell points and gain exposure to the anticipated MET airdrop.
Additionally, prominent airdrop hunter CC2 has expressed optimism about a possible Meteora airdrop by the end of the year, indicating growing anticipation within the airdrop community.
3. dMarqt
dMarq is an AI-driven decentralized marketplace built on Solana, now running a Community Tasks Campaign to reward early adopters in anticipation of its token launch, expected post-token generation event (TGE) in 2025.
According to dMarq’s whitepaper, users who actively engage on the platform are eligible for an airdrop. To participate, users can visit the Community Tasks Campaign page, connect their crypto wallet, and complete the tasks outlined. These activities enable users to earn points and rewards leading up to the official token release, making them eligible for a future airdrop
It is anticipated that upcoming projects on the Solana blockchain will continue to reward early adopters who engage through activities such as participating in testnets, providing liquidity, or completing specific tasks. Recent airdrops from projects like Kamino and Meteora highlight the importance of active participation, as they have rewarded users who engage with their platforms and follow project developments.
As the Solana ecosystem expands in 2024, there will likely be a surge of new projects offering exciting airdrop opportunities. By staying informed and actively participating in these initiatives, users can enhance their chances of receiving future tokens.
For more detailed insights on upcoming Solana projects and airdrop strategies, you can check out articles on platforms like CoinTelegraph and The Block.