A few weeks ago, the Bankless site had fun cataloguing the protocols of decentralized finance (DeFi) that could issue their governance tokens via an airdrop to their first users. With the craze for decentralized finance, this practice has become commonplace: PoolTogether, Uniswap, 1inch, Pangolin, Mirror… We can no longer count the number of projects using this solution.
So what is an airdrop? When creating a governance token for a protocol, the idea is to distribute it to the first users of the protocol. A practice popularized with Uniswap and its UNI airdrop last September. Remember, the flagship DEX for decentralized finance on Ethereum had distributed 400 tokens to all its users ($1,200 at the time, $11,200 today). A gift we would like to receive every day!
Precisely, some other protocols could be added to this long list. These are only hypotheses, but the signals sent by the protocols, or their future economic models suggest that a token could be created soon. And potentially distributed to users. Here is an overview of the 5 protocols that could make an airdrop in the near future.
1 – Paraswap
Uniswap, 1inch, … All these names have one thing in common: they are DEX, decentralized exchangers. And all of them have their token, mostly distributed by airdrop. Except Paraswap, which does not yet have a token for its protocol. Go and do some trades on Paraswap.io. In addition to optimizing your gas costs, you could benefit from a potential airdrop in the coming months!
2 – Dy/Dx
dYdX is one of the main decentralized margin trading protocols dedicated to the Ethereum ecosystem. Last August, on the Bankless website, its creator discussed the possibility of creating a token for its protocol. Could it be distributed to the first users of the platform? It could be a good idea to make a trade or two on dYdX, to claim an airdrop potential in the future.
3 – Zapper
Like Zerion, Zapper is one of DeFi’s first dashboard services. This platform facilitates your entry into the world of decentralized finance and offers turnkey farming solutions. On CryptoMatrix’s live show a few weeks ago, its founder did not rule out the creation of a token in the near future… The next time a farming solution catches your eye, go to Zapper first!
4 – Argent
Argent is an Ethereum smart wallet that allows you to participate in a simple and safe way in different activities within decentralized finance. For example, it allows access to Uniswap services, to staker its ETHs, or to provide liquidity to Compound. Argent could decide to support the growth of the project by offering a governance token to its first users.
5 – SuperRare
SuperRare is the main market for crypto art on Ethereum. In recent months, the NFT universe has experienced a strong craze that should increase in the coming months. The founders of SuperRare want the platform to be fully owned and managed by its community. It is therefore very likely that a token will be created for the occasion. And who knows, maybe it will be distributed to the first users