Did you miss the $JTO, $JUP and $PYTH airdrops? People made $15,000+ this week. If so, don't worry - because Solana…

Did you miss the $JTO, $JUP and $PYTH airdrops? People made $15,000+ this week. If so, don't worry - because Solana airdrop season is only just getting started. 🧵: Your ULTIMATE guide to getting Solana ecosystem airdrops (mega-thread).👇

Over the last couple of weeks, people have made tens of thousands of dollars from Solana airdrops like $JTO and $PYTH. This has led to a massive TVL increase across the Solana ecosystem. But the good news is, there are many more Solana airdrops to come.

A few weeks ago, I created a Solana airdrop guide. Those that have already started farming are on the right track.

Miles Deutscher@milesdeutscher · Nov 19, 2023

The biggest Solana airdrop season in history is about to commence. You have a huge opportunity to capitalise, with over a dozen protocols set to launch tokens in 2024. 🧵: Your ULTIMATE guide to attaining Solana ecosystem airdrops.👇

From that thread, some of my followers that followed the steps made $15k+. Airdrop farming is undoubtably one of the most +EV activities in crypto. (make sure to follow me @milesdeutscher so you don't miss future opportunities).

Miles Deutscher@milesdeutscher · Dec 9, 2023

Love receiving messages like this. 💜 One of my followers made $18k in $JTO from following my Solana airdrop thread. Name another industry in the world with these kinds of opportunities! (p.s. new airdrop thread dropping in a few hours 👊)

But since then, a few new airdrops have cropped up, and I've been refining my farming strategy. Thus, I've decided to write an updated thread. In this thread, I'll cover: • The top Solana airdrops to farm • How to qualify for them • My strategy to optimise farming

1. @marginfi MarginFi is a money market on Solana which allows you to borrow and lend a variety of assets.

They have officially launched a 'loyalty points' program, which will likely contribute towards an airdrop. How to earn points: • Lend assets on MarginFi • Borrow assets on MarginFi • Refer other users to MarginFi You can also Stake SOL as LST.

At the end of the thread I'll show you some multi-protocol strategies including MarginFi which can help you qualify for multiple airdrops at once.

2. @DriftProtocol Drift is a perpetual DEX. It's one of (if not the best) DEX built on Solana. Like all projects on this list, it is yet to launch a token.

How to qualify for an airdrop: • Connect your wallet to Drift • Trade on the exchange • Provide liquidity to the Drift Liquidity Provider (DLP) • Stake assets in the Drift Insurance Fund Vaults My main priority is building up trading volume.

3. @JupiterExchange Jupiter is a DEX aggregator, which allows users to get the best swap rates on Solana. They also have limit order, DCA, bridge & perp trading features.

How to qualify: • Swap on Jupiter (instead of DEXs directly) • Set limit orders on Jupiter • Set DCAs using Jupiter • Use their bridge • Trade perps on Jupiter The first snapshot has been taken, but there are going to be 2 more airdrops that you can still qualify for.

4. @ZetaMarkets Zeta Markets is an options trading platform, enabling users to effectively hedge risk against crypto market movement and events.

Zeta has an official points system which could bode towards a future airdrop. Their points system is simple: For every $1 in taker volume, your Z-Score increases by 1. • Deposit USDC and make some trades on the exchange.

5. @tensor_hq Tensor is the leading NFT marketplace for Solana NFTs.

Tensor is another protocol with an official points system (similar to $BLUR). Here's how you can accumulate points: • List NFTs from the top 100 collections • Bid on NFTs from the top 100 collections • Market make NFTs from the top 100 collections

6. @phantom Phantom is the most popular wallet on Solana, with over 3 million users.

If a token ever launches, it may be a good idea to have retroactively built up some activity. This one is simple: • Create a Phantom wallet • Swap tokens through the Phantom wallet • Unlock the DRiP Phantom collectible

7. @MeteoraAG Meteora provides yield infrastructure on Solana, offering highly capital-efficient AMM pools. It's owned by the same team as @JupiterExchange (which has a confirmed airdrop).

To qualify for an airdrop, I'm focusing on: • Depositing liquidity into their 'Dynamic Vaults' (SOL or USDC) • Depositing a small amount into their LPs (riskier)

8. @xNFT_Backpack Backpack is crypto wallet for Solana and Ethereum, built for xNFTs.

• Purchase a @MadLadsNFT • Install the Backpack wallet • Install xNFTs in your Backpack wallet • Swap within the Backpack wallet They're also launching an exchange. For now you can: • Sign up for the Backpack Exchange waitlist

9. @Kamino_Finance Kamino is an automated market-making solution built on DEXs, powered by concentrated liquidity.

They are about to introduce a points program, which alludes to a future airdrop. The points system hasn't yet been revealed, but will likely reward users that: • Supply assets to the platform • Stake assets in their LP vaults • Utilise their 'Multiply' + 'Long/Short' vaults

10. @Parcl Parcl is a real-world-asset protocol on Solana, which allows you to "bet" on the real estate market on-chain.

There are 2 things you can do to put yourself in a strong position to receive an airdrop: • Open Long/Short positions on different areas (e.g. Miami, London etc.) • Provide liquidity (USDC) to their vaults

11. @PhoenixTrade Pheonix is an orderbook DEX built on Solana.

I'm treating this one similarly to Drift, focusing on building up trading volume on the exchange.

You can approach all of these as seperate airdrops - but there are ways that you can qualify for multiple airdrops at once via executing multi-protocol strategies. This will save you time and effort. Here are some ideas.👇

Strategy 1 (Drift, MarginFi and Kamino): 1. Stake SOL on Marinade for mSOL 2. Lend mSOL on Drift 3. Borrow mSOL on Drift 4. Lend bSOL on MarginFi 5. Borrow bSOL on MarginFi 6. Insert mSOL into the Kamino LP

Strategy 2 (Kamino and Drift): 1. Stake SOL on Marinade for mSOL 2. Deposit mSOL on Kamino 3. Borrow bSOL on Kamino 4. Lend bSOL on Drift 5. Borrow mSOL on Drift 6. Insert mSOL into the Kamino LP