Topic: How to farm airdrops on crypto? - page 3. (Read 486 times)

Firstly, Rabby has some of the best security out of the box. When you want to interact with a function/method on chain, there's no way to know the function you're interacting with if you're using metamask just based on the calldata.  What I mean is that, when you're interacting with a function in a contract, metamask only shows you the entire bytes in hexadecimal format which includes the function 4-byte function selector and the calldata input. Only EVM-savvy users can use a tool like Foundry to decode the bytes in order to get the 4-byte selector of preferred function. In Rabby, they decode the calldata for you and you can immediately see the function you're interacting with is indeed correct and then they run a simulation on that transaction for you so you can see an example result before you even sign the transaction. For instance, if you're doing a swap, it immediately does a simulation and show you what could happen if you actually sign the transaction.



TLDR: Rabby decodes calldata bytes and show you what you're signing so you can make a well informed decision. Metamask doesn't. It's called "blind signing" — you don't know what you're signing until transaction has been executed and there are repercussions, if any.

Secondly, Rabby has the best UX. You can seamlessly interact with dapps on different networks especially if you're dealing with an interoperability protocol or bridge and requires you to switch networks. Rabby does the switch in the background. For Metamask, you have to explicitly open the extension and switch the network.

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Also, the hack you're talking about is their smart contract swap feature, not the wallet itself.

A couple of weeks ago, I shared the the Ledger vulnerability for web3 dapp connectors. Rabby showed users a notice about connecting plus before signing, it warned users that the transaction was to allow maximum allowance of tokens for spending.

It has got lengthy so I'll do here. You can keep using Metamask, it's still a good choice, you can try using Foundry with it to decode the 4-byte selector to verifying if you're interacting with correct functions prior to signing.

May be now Airdrop definition is changes, whatever i think now there are no Airdrop will be free, of course you have to spend some money as like 10$-20$ in their platform as like some transaction in their mainnet it's required mostly new platform then you can be eligible that's is okay but it’s unacceptable to stake big amount and personally i am ignoring such projects Airdrops.

I have been using Metamask since I started using Ethereum and it works for my needs so I stick with it, I have heard about Rabby albeit for wrong reasons cause they were hacked (you can read about it here). What is your reasoning behind suggesting Rabby over MM anyway?

Thanks for the appreciation but I am also indeed sharing these to know others thought too. I dont know all of things related to airdrop and sharing is rhe best way to learn and cope with other people who are probably expert on such activity. You need to learn more things as you progress in this journey and avoid such scammers along the way. Be mindful of potential scam especially on onchain trasanctions.

staking is somewhat the new requirement now. a few years ago, those airdrops were unannounced, they are just surprising people and making people regret why they didn't make a transaction on UNISWAP but now they are trying to make people invest first and you have to claim as well which iff you miss claiming then its lost.

$DUST token will be doing airdrop but seems too long that i've never heard of any update but they are going to distribute to users who are staking ADA.

Yeah, I remember the two and there's more. That's why people are now getting crazier with the airdrops nowadays and it doesn't matter whether they're no longer free because that's with in hopes of a higher return when the tokens are distributed and they become tradable. That's the cycle nowadays and that's why it's more than airdrops these days and it's like more of rewarding tasks with some capital that's need to get involved too.

I will say about airdrop farming in crypto is that yes, there are a lot of airdrops out there right now that have staking, that have volume, that have to use their platform. some of them take a lot of investment, some of them take a little investment, but the chances are very high that they pay and when someone gives an airdrop on the bases of different criteria they give a very large amount of profit to their users. Besides, there are also free , but the free is not very useful, anyone who have fund they easily join in investment Airdrop.

Yeah if its stablecoin but Im not supplying stabelcoin thats why. Maybe if I had stablecoin staked then theres no problem at all but the volatility might really hit you bad if you borrowed so much of % of your funds. Anyway, hope we could grab some good juicy airdrops from this one I am thinking their launch could be at the end month of quarter 1 so technically we still have time to collect some points. Probably by that time the tvl would be nearing 500 to 700m.

Yes, I have already collected quite a lot of points and I hope that each point will be equal to $1)) You need to reconsider your attitude to the Looping method, using stablecoins for staking, you practically cannot lose your money, but at the same time you can increase the amount of staking by 3 times and, accordingly, get 3 times more points. Since Kinza Finance allows you to borrow in the same stablecoin that you are staking, you will have no problems. However, you should keep a close eye on the Health Factor.

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Posting referral codes will be considered a violation of the rules of the forum and, accordingly, such a message will be deleted, besides, you can get a ban for 7 days.

Some project developers encourage airdrop participants to stake their tokens in order to earn more. That is why they manipulate people and the question is if they are really on aid to fulfill their promise or just to prevent the sudden collapse of the project knowing most scenarios before that when airdrop coins have been released, the drops came next.

And this is not wonder why many people just ignore them because the results are absolutely the same, they'll turn into scams in the end. Because even if the project looks promising but if there is no use case, it still fails.

In my opinion, airdrops are a matter of luck, and even though we take part in an event held by a project, we don't necessarily do an airdrop, but indeed project events that don't announce airdrops are highly doubtful, but sometimes if we are active we can get an airdrop and we can get a good return. worthy.

But usually those that have decent returns are active retro airdrops, and indeed in this airdrop there are certain conditions that you have to spend money to get points in order to have proper qualifications to get a large amount of airdrop. As OP described the events that must be participated in, projects that make announcements usually have more competitors.

But you need to remember that each project has its own method, or is varied and many are scams, so you have to be smarter in looking at the projects you participate in, especially those that require spending money.

Oh so long already. So how much TVL when you enter or supplied for kinza? Right now its sitting arounf $130m probably you already gained a lot of points for this right? Im not using the borrow funds as I often forgot it Im afraid I would be liquidated haha if I didnt see that.

Btw can we post codes here for their ongoing referral since its a code not a referral link? Might as well be used by others here who would want to enter and join.

Kinza Finance is indeed one of the best projects incubated by Binance Labs and, accordingly, we can expect that we will see this project in the Binance exchange launchpad, which will necessarily entail a rapid increase in the price of the token. I have been using this service regularly for 3 months, placing all my free coins on staking using the Looping method, which consists in placing newly borrowed funds back on staking.

Honestly doesn’t sound like airdrop to me anymore. Haha. Airdrops are meant to be free and not something you have to stake any money for. If you stake, it then becomes rewards and not airdrop. So even if it requires a tiny amount, it’s not an airdrop anymore. I think the definition of airdrop is beginning to change because it wasn’t always so.

Why don’t I just use the money to invest in the project at once, maybe buy their presale?

In last few days I was looking for the help in airdrops, so I find this thread helpful as now I can do something for my journey into crypto and airdrops from here easily, hopefully I will try to post few things after having involved into this which will help me and also helpful for the other members.

OP doing good job as he is updating his experience and other things related to investment and airdrops, hopefully many others will also join this and make things better for themselves and others as well which are looking for having some extra income after doing tasks like these.

Yes like in the case of some Binance backed project defis.

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Btw I participated on Kinza Finance, a project supportef by Binance, have a referral code for 10% boost on your alloc if you bind the code. If anyone wanted to invest or supply some asset like stablecoin or bnb. I appreciate if you would use my ref code. Kindly dm me if interested.

You need to buy all those coin to stake and be careful on that because sometimes market volatility can trap you in a project for the long term. Just look at the current TIA price, don't you think its overpriced right now? The current price is driven by airdrop hype and there is a high chance that at some points there will be a massive dump in the price, and recent investors will be trapped in TIA for a long term. I think you can do task to increase your interaction with different smart contracts within the network so you don't need to hold those coin for a long time.

This type of early participation in the project seems to be the most preferable for those who do not have a lot of free time. But at the same time, he is the highest paid in the distribution of airdrop. Therefore, even if you do not have a large amount of money, you need to allocate at least a minimum amount for staking.

The most important thing to note about airdrops these days is you need liquidity to effectively farm and earn a reasonable amount (5-6 figures most likely  ).
From the task listed by the @op, mainnet activities are key to farm airdrop, if you are not ready to spend funds to bridge, swap, stake, lend/borrow, and provide liquidity, you can hardly qualify for most of these airdrops.
It is about spending more to get more.

Yes thats one thing to do but there are still other platform that prefers task and activity to issue airdrop and not just by staking. Galxe task proven that aside from staking eligibility.

But this is one of my favorite airdrop style since you dont get to do a stuff to get it just by holding and staking it.