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Crypto Currency State

2 months ago

Score: 500

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Executive Summary

Okay, here's a breakdown of the latest airdrop news covered in the video, focusing on Monad, LayerZero, Hyperlane, Taiko, and a few others.

This update covers several key crypto airdrop opportunities and strategies. It dives deep into interacting with the Monad testnet to boost your chances for their airdrop, discusses the Hyperlane claim situation and future reward potential, and shares insights on LayerZero based on past experiences. There are also quick updates on claiming tokens or NFTs for Taiko and Arbitrum, plus a few other bridge and potential airdrop mentions.

Here are the key takeaways and details:

Monad Airdrop Strategy

  • Goal: Aim to be in the top 1% or even 0.1% of wallets interacting with Monad for a potentially larger airdrop.
  • Testnet ETH Faucets: Getting testnet ETH for Monad can be tricky as faucets go online/offline frequently due to high demand.
    • gas.zip faucet is mentioned as being back online and generally more reliable.
    • Alternative: You can buy testnet Sepolia ETH using testnetbridge.com. This doesn't require wallet connections; you just paste your address and "mine" it (pay a small fee for a larger amount). This is often the most straightforward way.
  • Bridging to Monad: Once you have Sepolia ETH, you need to bridge it to the Monad testnet.
    • Recommended Route: Use Orbiter Finance (orbiter.finance). Select Sepolia as the source and Monad Testnet as the destination.
    • Orbiter Finance Note: While Orbiter might not have the best community reputation right now ("not of the best view"), it's considered very useful for specific interactions like this Monad bridge. Using it might also qualify you for future Orbiter airdrop rounds (though the window for past rounds was very short, like 3 days).
  • Interacting on Monad Testnet: After bridging ETH to Monad testnet:
    • Connect your wallet to Ambient Finance (ambient.finance) on the Monad testnet.
    • Swap some of your testnet ETH for the MON token. This interaction helps increase your wallet's activity score.
  • Multi-Airdrop Potential: This specific Monad strategy (Faucet -> Orbiter Bridge -> Ambient Swap) intentionally interacts with multiple projects that might have future airdrops: Monad, LayerZero (potentially involved via Orbiter), Orbiter Finance itself, and Ambient Finance (which has a points program).
  • Advanced Strategies: More complex methods (like finding high APR opportunities or minting NFTs early on Monad) are discussed within the private Discord community.

Hyperlane (HYPR Token)

  • Claim Extension: There was an extension for claiming the HYPR token, ending April 15th at 9:00 UTC. If you haven't checked your wallets (especially Eclipse or Solana ones), you might have missed it, but it was important to check promptly.
  • Pre-Market Price: The news isn't amazing here. HYPR was trading under $0.50 in pre-market venues.
    • The hope was for a price between $1 and $2.
    • Important Caveat: Pre-market price is just an estimate based on limited trading and doesn't guarantee the actual launch price. "Let's just hope the pre-market and real valuations are going to be much much much better."
    • On a positive note, the token was up 35% daily at the time of recording.
  • Future Rewards: Hyperlane has apparently stated "quadrillion times" that they plan to continue rewarding users who use their ecosystem.
    • Analogy: Similar to how LayerZero gave bonus allocations to people who used the protocol close to the snapshot date.
    • Actionable Takeaway: Continuing to use Hyperlane dApps organically might lead to multipliers or future reward rounds.

LayerZero (Potential Season 2)

  • Stargate Use: Using Stargate Finance (LayerZero's main bridge) is still recommended for interaction.
  • Season 1 Lesson: Simply being a Stargate user for the first airdrop resulted in relatively small allocations for many.
  • Key Insight: Unique interactions on LayerZero using other protocols (like Superform) were much more beneficial for the first airdrop allocation.
  • Implication for Season 2: Just using Stargate probably won't be enough and might result in even less value than in Season 1. Focus on diverse interactions across the LayerZero ecosystem.

Bridging Strategies & Other Airdrop News

  • Across Protocol: You can get OP token rewards for bridging assets to/from the Optimism network using Across.
  • Jumper Exchange: Using Jumper (a bridge aggregator) can also earn you those Across OP rewards if Jumper routes your transaction through the Across bridge. Across used to have some of the best rates before Relay gained popularity.
  • Relay: Mentioned as potentially having top rates now; using it could be a "risky roll" (presumably hoping for its own token/airdrop).
  • General Advice: Prioritize using DEXes (Decentralized Exchanges) and Bridges that don't have their own token yet, as they are prime candidates for future airdrops.
  • Mayan Finance: Another bridge protocol to consider, historically strong for Solana bridging but also useful for EVM Layer 2 <-> Ethereum bridging. It's another potential airdrop target.
  • Checkmate Foundation / Genius Score: A potential retroactive airdrop.
    • Check your eligibility using your main, long-used DeFi wallets and your main X (Twitter) account.
    • It assesses your historical on-chain and social activity. Worth checking if you've been active in DeFi for a while.
  • Wayfinders (Prompt Token): Some good news – this airdropped token has actually increased in value post-launch, which is rare.
    • Actionable Takeaway: If you received the airdrop and haven't sold, it might be a good time to "de-risk a little bit" (sell some tokens).
  • Arbitrum: The Arbitrum DAO is celebrating its 2nd anniversary.
    • There's a free commemorative NFT you can mint. The claim is live for about 25 more days (from the time of recording).
    • Speculation: Claiming this might be helpful for potential future Arbitrum airdrops (which are generally expected).
  • Taiko: The claim for "Taiko Trailblazers" (likely an NFT or early user recognition) is live. Make sure to claim this if eligible.

General Points

  • Claiming on Time: It's stressed that you must claim airdrops within their designated windows. Missing deadlines means losing out.
  • Community: The Discord community is highlighted as a place for timely updates on claims, distributions, and strategies.
  • NFT Market: Acknowledged the NFT space has been "on shaky grounds," but an upcoming video update promises better results/news than the previous month.

Transcript

quick monad updates some hyperline news regarding extension of claim time as well as bridge updates claims and new routes let's get started first things first the faucets we've been mentioning in the last monad update they have been coming online and offline all the time it's always tricky when a project is being farmed by such huge amount of wallets however gas.zip is now back online this has been one of the more reliable ones and you can always get yourself yourself sorted also by simply paying through another route which will get you more tokens but more on that later competition for monad to be the top one percent or 0.1 percent of the wallets has always been tough but this route should help you considerably it is a reminder from one of the previous routes step by step so with this one we're going to be interacting with monad layer zero which is also expected to have future airdrops orbiter finance which is also doing multiple rounds and ambient finance which is also got a points program so starting with how to get your faucets online this one is currently providing you about 0.3 ethereum on sepolia and that is important because we're going to be using it to bridge over to monad testnet alternatively if you don't want to wait for that then you can also just buy on testnet bridge because this has been always the most straightforward way to get your testnet tokens online this one is not requiring any kinds of confirmations or wallet connections you just copy paste your wallet address and you start mining sepolia 8 now once you have your sepolia 8 one way or the other you need to actually bridge it over to monad testnet and we need to be using orbiter finance for this particular situation so we will go to orbiter finance choose sepolia as the starting destination starting target and monad testnet as destination chain and after that simply even though orbiter finance is not of the best view in community right now it is still very useful to use for some of the more unique niche interactions and that said of course if you're not playing your orbiter round to airdrop it's too late now but for the future rounds you only have a very very limited amount of time it's just three days in the last case right so you've sent you've got your ETH you send it over to orbiter to monad testnet using orbiter now same as before we are connecting to monad testnet on ambient finance testnet and you simply swap ETH into monad to get some really sizable increases now for other specific strategies for monad we are always constantly talking in the discord how to get crazy aprs how to mint nfts early so you want to be up to date you should join the private community to understand all this but this is a quick overview of how to continue interacting with monad and make sure your wallet is in top 0.1 or maybe in 0.01 percent of course it's not just strategies once you actually receive your ad hoc you need to make sure to claim it in time and Santiago obliki Ramon and I constantly post updates for everything that still needs to be claimed in their distribution and many other channels if you want to join make sure to check the subscriptions tab where you can find monthly or yearly memberships as well as an area of rec implication keep you organized we haven't forgotten about the nft community we've also building for the last couple of months it has been on shaky grounds for the last couple of weeks but we have actually created a video update for you with chris a couple days ago so this is going to be live in a couple couple days hopefully and the results are much better than last month now for bridge updates you have op rewards program rewards waiting for you for bridging to and from optimism using across and this also counts if you've been using something like jumper and using across as a route which has traditionally over the years been one of the better ways and better actual rates to get your tokens so before relay took number one spot stargate is a layer zero out is of course still recommended just remember that being just a target user for future rounds of player zero airdrop is probably going to amount even less than for airdrop number one and we all know that unique interactions on player zero such as super form and others were much much more beneficial than just using stargate so personally i've been trying to perhaps maybe take a risky role with relay but yeah either way remember use dexes and bridges without a token always and we also cannot forget about mayan man is also one of the bridge area targets over the last couple of years they have been one of the best ways to bridge in and out of solana but of course you can also use it for cross layer to ethereum bridge solutions as well now regarding hyperlink news of course by the time you're watching this video this might already be over because it is april 15th 900 utc the extension of the claim so if you maybe haven't claimed or checked some of your eclipse or solana wallets make sure to do so in time this time and some slightly suboptimal news is that currently hyper is trading just under 50 cents we were all hoping for between dollar to two dollars but again this is just pre-market it does not equate to exactly how much the token is going to be worth it's just rough estimate but yeah at the moment it is looking a little rough it is up 35 on the daily which is great but let's just hope the pre-market and real valuations are going to be much much much better and finally if you've been a defi user for several years or months there is a solid chance that you actually have some genius score from checkmate foundation this is a retractive airdrop that you might be eligible for so make sure to check with your wallets probably the main wallets one you've been using for maybe longest and your main x account to verify all your social activity and on-chain data and to wrap up with some good news we have wayfinders prompt token doing really really well on the weekly this is one of the maybe few airdrops who actually increase in value at least for now post launch so you still haven't claimed or sold your locations probably a good idea to de-risk a little bit just now and looking at ethereum layer 2s we have taiko and arbitrum arbitrum layer 2 arbitrum dao is celebrating second anniversary so you can this you have this free nft that is actually live still for 24 25 more days so make sure to claim it if you believe this is going to be important for future arbitrum airdrop which is of course expected and taiko of course you also have the claim for taiko trailblazers make sure to claim this one as well and to make another comparison with layer 0 from the past if you remember people who actually use layer 0 from may 1st until the actual claim around june 20th or something they actually received some bonus locations and hyperlane has mentioned quadrillion times that they're going to actually continue rewarding users who continue using the dApps so hopefully we get some multipliers for continuing to be organic users of hyperlane and that's all for time sensitive news and updates for today to flag your content make sure to like and subscribe bell notifications on any questions comments waiting for in the comment section below and when you're ready to take your game to the next level and stay up to date waiting for you in your discord thanks for watching until next time have an amazing day

Video Stats

Views2,144
Likes91
Comments22
Duration7:16