Find the Best Airdrops

And a Step-By-Step guide to a great one.

That feeling you get when your focus is on point, can’t be matched. Read on and level up your DeFi Skills.

Here’s what we’re covering:

  • 📈Empowered Investor: Find the Best Airdrops

  • 🚩Airdrop Alpha: Step-By-Step Guide for $BLACK

  • 🔊Spaces Alpha: 2023 Wrap-Up

TLDR: (6 minutes)

  • How to find optimal airdrops using Santiment and DefiLlama

  • Don’t waste your time grinding false leads by follow 3 simple steps.

  • Step by Step guide to Airdrop farming for a solid Injective project: BlackPanther.

  • Bonus Steps to farm $INJ tokens!

📈Empowered Investor

Lessons from our wins, losses, and connections with the greatest in this space.

The Best Way to Find Airdrops 🚨

Focus is our most valuable asset.

In order to find potential Airdrops, it all starts narrowing that focus. This is where a tool by Santiment, called Sanbase, comes in.

This is a tool that delivers info about social sentiment, on chain data and market info to level up your crypto IQ.

INJ had been trending for several days under Hourly Trends on Santiment’s Social Screener.

From using their Social Tracker, I found that the Injective chain has been absolutely dominating. It’s been trending over the last few days. I was intrigued.

Bonus Edition of Growth Bytes! The next step was to do a deep dive into Injective. I will share this Deep Dive later this week! I’ll also include:

  • a checklist you can use to do your own DD.

  • Bonus Deep Dive on the Airdrop project in this article.

Now how about that Airdrop…

This is where DeFiLlama came into play. I. Love. This. App.

On the left under DeFi, they have an Airdrop section. Simply click, filter by chain, and see what pops up. I did this for Injective and I was certainly glad I did.

Finding potential airdrops through DeFiLlama

BlackPanther and Helix stood out as both of their TVL’s were > $1million, and their %Change were trending up. Time to investigate.

Confirming The Airdrop

Just because Airdrops are listed, doesn’t mean they’re actually happening. Here are the 3 ways you can figure this out.

  1. Check out their Website: WARNING! - MAKE SURE IT’S THEIR OFFICIAL WEBSITE! Best way to do this is to go to CoinGecko, search the project, and find the official websites there.

  2. Check their Socials: Check to see if there have been any recent announcements or directions about airdrops. X was great for this. Again, make sure that you only check official content from the team. There are fake announcements everywhere.

  3. Join their Discord Community and ask: For Black Panther, they had a very clear message about their upcoming Airdrop, Helix did not. I was able to confirm this, with a team member, on their Discord Server.

🚩Airdrop Alpha

Step by step guides for potential airdrops. We try everything first before sharing. Risks are everywhere and airdrops are never guaranteed.

Guide to the BlackPanther Airdrop📈

You always have to put in work to get paid. Airdrops are no different. And for BlackPanther, this certainly applied.

The two easiest ways to qualify for this airdrop are:

  1. Stake $INJ under the BlackPanther validator (easier than it sounds, I’ll walk you through it step by step).

  2. Make a position in the BlackPanther Vault of your choosing.

So let’s get into it.

Step 1: Get $INJ Tokens on the Injective Network

You can use MetaMask for this, but I wanted a more dedicated wallet.

I chose Keplr because it takes advantage of Injective’s incredible interoperability so you can easily move tokens around SO many different networks, easily AND cheaply. Here’s how we get and move $INJ:

  1. If your CEX or DEX supports the Injective Network, simply swap a token for $INJ and send it to your Keplr Injective Address. Here’s how to find that👇

Finding your Injective Address on you Keplr Wallet.

  1. If your CEX or DEX does NOT support the Injective Network, like mine, it likely will support the Cosmos Network. So make sure it does, then swap for some $ATOM.

  2. Send it to your Cosmos address on your Keplr Wallet. It’s lightning fast, dirt cheap and beats having to pay ETH gas fees.

  3. In your Keplr Wallet, simply Swap you $ATOM for $INJ. It will automatically transfer it to the Injective Network for you, which is amazing.

  4. If it doesn’t, you can bridge tokens here.

Alright, you have $INJ, now what?

Step 2: Staking Your $INJ on the Injective Hub

The amazing thing about this step is that it also makes you susceptible to any future drops by $INJ. (I’ll walk you through even more bonus steps soon).

  1. Go to the Injective Hub.

  2. Click on Staking on the left.

  3. Search for the BlackPanther Validator (there was only one at this time).

  4. Connect your Keplr Wallet on the top right.

  5. Click Delegate Now and follow the simple steps to deposit your $INJ.

Search for the BlackPanther Validator under Staking.

The beauty of this is that, on top of the potential airdrop, you will receive a 15% APR on your staked INJ.

Step 3: Depositing into BlackPanther’s Intelligent Vaults

This steps a bit more complicated. But it’s also awesome.

In a nutshell, these are like Yield Farm’s, but with programmed automatic trading bots to maximize your returns. To be honest, I don’t fully understand the specifics, but I decided that it was worth the risk to bring you the real Alpha. Read all about them here.

According to the team, you will be rewarded for with their Airdrop Token $BLACK, and also get what looks to be a pretty sweet Yield from your position. Here’s how to make it happen:

  1. On the BlackPanther Dapp, click on Vaults and make your choice. I chose the INJ/USDT one because, damn… that APY though! Here is what each type means:

    1. Real Yield: basic yield farming with a single asset.

    2. Grid Trading: The less risky trading bot option compared to Trend Following, auto trades ranges, leveraging volatility.

    3. Trend Following: riskiest of the three. Bot that auto trades long or short positions with leverage.

I am waiting to hear back from the BlackPanther Team and will share more technical insights about their platform in our bonus newsletter this week.

  1. Connect your wallet with $INJ tokens.

  2. Enter how much $INJ tokens you want to deposit. If you chose a token pair, it will automatically swap half of these tokens into USDT for you (for very cheap), which is so helpful!

  3. Click Deposit and it will transfer swap your $INJ, and change this into Vault Tokens.

  4. You aren’t done yet! Make sure to click on the Stake tab to stake those Vault tokens into the Vault.

Deposit your $INJ and it will convert half to USDT, swap them for Vault Tokens, and then Stake these tokens to proceed!

And you’re done! Monitor your position on the Dashboard tab, and you can collect your rewards and withdraw your funds, any time, by clicking on your position.

It will automatically swap your position back to $INJ so there is no risk of Impermanent Loss as far as I can tell.

Bonus Steps: Farming for $INJ 📈

The Injective Ambassador Program gives you more opportunity to receive $INJ tokens, future airdrops, merch, and early access.

You basically have to help spread awareness about Injective, through content, and you can level up.

Here are the posted rewards for Ambassadors:

And it all starts with the Injective Discord Server. Here’s is what you can do:

  1. Join the Discord Server Here.

  2. After you finish the verification step, give the server a browse to see what it’s like.

  3. When you’re finished, click on the #early_access_roles tab, it will send you to their Guild site with tasks to complete so you can get Ninja Role (check out the picture below for the task list).

  4. Head back to the #early_access_roles tab and click Join Injective. 

  1. Once you get you Ninja Role, check out the #welcome-ninjas tab. Here they outline what you have to do to level up to Ninja Master.

If anything, this is a fascinating learning experience on how to build a community. The server is clean, supportive and fast to respond. The bonus of future airdrops and tokens is pretty awesome too.

🔊Spaces Alpha

Every Friday at 2 pm EST / 7 pm UTC. 

What a year it has been!

Good riddance 2023, hello 2024. We’ve all been through so much this year: heartbreaking FUD, X algo anarchy, but also strong friendships, incredible growth, and so much more.

This Friday, we are reflecting on all that we learned from 2023, how we are planning to crush 2024, and thank you all for such an amazing time.

Check out the link below and set your reminders

Finally, we'll be giving away exclusive thank-you gifts to our early supporters, so be sure to invite your friends to subscribe to Growth Bytes. Link below 👇️ 

http://web3bytes.beehiiv.com/subscribe

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