Zora AIRDROP + Jupiter AIRDROP Season 3 - DO THIS NOW
Crypto with Lorenzo
3 months ago
The summaries and transcripts on this page are generated with AI technology and may not perfectly represent the content of the video. Please use the information as a guide only.
Executive Summary
Hey there! So, this video is all about staying on top of potential crypto airdrops and making sure you're doing the right things to qualify or maximize your chances. It covers updates on several different projects like Term Finance, Pin AI, Optimism, and Humanity Protocol, but the big discussions revolve around what to do with the upcoming Zora airdrop and how to participate in the latest Jupiter governance vote for potential Season 3 rewards. There's also a bit about trading strategies, especially using a no-KYC exchange.
Here are the key things covered:
Term Finance Airdrop:
- Term Finance Season 1 is ending very soon, on March 22nd, so you only have about four days left to get involved before the snapshot happens.
- Five invite codes are available below the video to help you sign up easily.
- Once you're signed up, the main way to earn points is by going to the "earn" tab on their app and following the simple steps there.
- It's described as a super easy-to-use protocol, and there's still time to accumulate points for the snapshot deadline.
Trading on Weex (No-KYC Exchange):
- Trading updates are often shared on Telegram.
- There's currently an open position on a meme coin called "Nobarack."
- Recent trading history shows good profits, including a $6 start to one day and larger profits like $300 and $600 on a second trading account.
- A trading course is available on Telegram for those interested in these strategies.
- It's explicitly stated this isn't financial advice, just sharing personal trades.
- A major perk highlighted is that Weex is a no-KYC exchange, meaning you don't need to complete identity verification to trade, which is why it's being used and partnered with. Anyone can join regardless of location.
- There are bonuses available for signing up and depositing via the link below, including a 30% bonus and a 50% bonus.
- The preferred trading method mentioned is shorting meme coins (betting on their price going down).
- Updates on these trades will continue to be posted on the Telegram group.
Zora Airdrop (and strong opinions):
- There's a significant point raised by someone followed in the crypto space (King.sol) that Zora built its own blockchain but is choosing to launch its token on the Base network instead.
- The strong opinion is that if Zora builds its own chain but doesn't even launch its own token on it, the "Zora chain is absolute trash."
- Questioning why Zora Chain exists at all if not for its native token, suggesting it might just be for NFTs or other unclear purposes.
- Because the token isn't launching on its own chain, it's expected to behave like a meme coin with no real utility.
- The prediction is that this token will likely be "worth nothing" upon launch due to this strategy.
- Actionable Takeaway: If you are eligible for the Zora airdrop, the plan is to sell the tokens immediately because there seems to be no logical reason to hold a token that didn't launch on its own network.
- The token will launch on Base with a total supply of 10 billion.
- The launch is anticipated in spring, specifically Q2 2025 (though it's also mentioned as "happening soon," which might imply Q2 2024 - sticking to the transcript date of 2025).
- The general sentiment in the community also seems to be negative or confused by this approach.
- The token is expected to be available on the Weex exchange, and the intention is to short it there, treating it like a useless meme coin.
Pin AI Airdrop:
- You can claim 1000 Galxe points for this airdrop (Galxe is a common platform for earning points by doing simple tasks for projects).
- The specific link to the Galxe quest is provided below the video.
- You have 12 days left to complete the tasks and claim the points, as it ends on March 31st.
- Participating is straightforward and involves tasks like subscribing, following on social media, getting a Galxe Web3 score, retweeting, getting a specific role in their Discord, and opening a mini app.
- All the required tasks are free to do.
Optimism Airdrop (Voting Opportunity):
- A new protocol has gone live on the Optimism network that requires voting.
- Participating in this vote can help boost your potential allocation in future Optimism (OP) airdrops.
- Even if you don't currently stake OP tokens, a direct link to the voting proposal is provided below.
- Voting and being active on-chain are highlighted as ways to potentially qualify for airdrop allocations, similar to the Jupiter voting system.
- It's described as a nice and simple way to potentially increase your airdrop eligibility.
Humanity Protocol Tokenomics:
- Details about the Humanity Protocol token supply and distribution have been revealed.
- There will be a total of 10 billion tokens.
- 1.2 billion tokens (about 12%) will be in circulation at the Token Generation Event (TGE), which is when the token first becomes available to trade.
- A significant point is that 100% of the community's incentive allocation will be released at TGE, meaning there is no vesting period for the community (tokens aren't locked up and released gradually, they're all available immediately).
- The initial reaction to these tokenomics is uncertainty ("don't know how to feel about this").
- However, the lack of a vesting period is seen as a positive for the community, as vesting is generally disliked.
- Other figures and the community seem happy with the tokenomics announcement.
- Note that this is a project where participation hasn't occurred personally.
- It's currently undecided whether to short this token like a meme coin once it launches on exchanges.
Jupiter Airdrop (New Vote & ASR Rewards for Season 3):
- There's a new vote available on the Jupiter governance page (find the link via jup.ag/governance).
- Voting on this proposal is recommended.
- The specific vote is a simple "yes" or "no" on whether to provide a salary or paycheck to the creator of the "Jupiter Cadet" role within the community.
- Voting is crucial because it contributes to your ASR (Average Staked Rewards) count.
- ASR rewards, which influence your allocation in Jupiter airdrops like Season 3, are calculated based on how long you've consistently voted plus the amount of JUP tokens you have staked.
- Having about 7,000 JUP staked is mentioned as a personal stake amount.
- It's considered "very important" to participate in this vote if you have JUP staked or are a supporter of the Jupiter project, as it directly impacts your potential rewards and future airdrop allocations.
- All necessary information and links for voting are provided below the video.
Transcript
Transcript
We have some important updates to go and talk as well as dates for some of your favorite airdrop which is happening in four days and that being is here right now the term finance season one ends on march 22nd so make sure to go and participate if you haven't participated yet i got five invites called for you all you gotta do sign up they will be down below super easy then go to the earn tab over here and follow all of these steps to collect your points super easy straightforward it's a very easy to use protocol and as we said we have four days so you're still in time before this snapshot happens next up guys just a quick look at the trades which we also see over on twitter if you do one on telegram if you do i have my group link down below but i am opening a position right now on this meme coin no barack as well as guys i have done the order history over here yesterday we started off with a nice profit as we see here of six dollar to start today and on my second account i'm doing really well this is where i trade big got 300 profits 600 profits so if it's going well i'm doing the course on my telegram of course i'm not financial advisor these are just my trades but the resources possibility for you to go enjoy we got a 30 bonus for you 50 bonus at sign up and at the first deposit the link will be down below once again this is a no kyc exchange which is why i started you know partnering with them and also utilizing the possibility of trading with them because there is no kyc for nobody you whether you're american english african you can join it is no kyc so link down below if you want to trade as we know my preferred way is to win short minko let's see how this happen but i will keep you posted on my telegram group next up we have a little detail over on zora now as we see here zora which this king.sol which is somebody that i do follow and take inspiration from as we see here said that zora build their own chain but it's launching their token on base why is that do they know that zora chain is absolute trash like if you create a chain and then you don't even launch your token on your own chain why are you a chain in a first place just for nfts for pictures for i don't know but as we see here it is going to be treated as a mint coin with no utility this token is probably going to be worth nothing so if you will be eligible for the zora airdrop i suggest but of course i'm not financial advisor it could go exponentially i could be top 10 in the market cap i have no idea but if you do receive the airdrop when i will receive the error because i did utilize i think i will receive the airdrop i'm gonna be selling it immediately like there is no point on holding a token that created their own chain and doesn't launch on their own chain they're gonna be launching on base with 10 billion total supply launching on basis from zora itself i don't know it's also the community we can sit here it is gonna be it's gonna be launching in spring so in q2 2025 which is gonna be happening soon the whole community also his community kind of hates it but let me know your thoughts down below but yeah one thing is gonna be available over on weeks and i will short it just like a meme coin with no utility because where is the utility in this scenario that you launch a chain you launch your token you don't even launch your own token on your own chain i don't know make make it make sense in the comments below if you wish next up we have a 1000 gals point claiming as you see over here for pin the link will be down below it ends in 12 days on march 31st very simple go to the link down below you will be redirected over here to the page gotta subscribe and follow them and then you have the possibility to go and grab all of them so super easy to go and do as we see here galsweb3 score follow them follow retweet have a disco roll open the mini app all free to go and do it so make sure to do it and don't miss out we got 12 days left for their airdrop next up we also have a new optimism protocol is now live vote now and boost your airdrop for the op another airdrop i personally do not stake any op token but if you do i will leave the link down below to go directly to go and vote which it is kind of like a proposal like the jupiter voting system that if you go and vote if you're active on chain you will have the possibility to go and earn an airdrop allocation which is super nice and very simple to go and do next up we have an update on the humanity protocol tokenomics have been revealed there's gonna be a total of 10 billion of them circulation supply at tge will be 1.2 billion so about 12 percent community's incentive is circulating supply and 100 of that will be released at tge i don't know how to feel about this we will see as soon as we get closer to the launch there is no vesting period which is good for the community because when there is less than period the community simply hates it so i don't know if i'm gonna short this either right now to be honest i don't know once it gets into the exchange if i'm gonna short it really like a meme coin or what but it is not looking terrible in terms for you the community if you have participated once again this one i have never touched nor i participate we can see also from yoshi which is another fellow creator which i do follow over on twitter or this community seems like you know they're happy with it so we will see once the launch approach and next time we also have a new vote over on jupiter now if you go over to the jupiter.aggregate page over here and then you go to the more and the governance you will be able to go and vote for this new proposal at least over here i am voting myself and i have already voted for it it is a yes or no vote to be able to go and give somebody a basically a job in terms of uh the creator of the jupiter cadet they're looking for a job they're looking for a paycheck for a salary and he's up to us whether or not you want to go and vote for it so let me know what you think down below but this one will be possibility will give you the possibility to go and vote and to have the asr rewards which the asr rewards are given to you by the amount of time that you have voted in the in a certain period of time plus the amount of stake jupiter that you have which i have about 7 000 let me know your total allocation of jupiter that you have stake but this is very important for you to go and do it if you have jupiter stake if you're a jupiter supporter then go and vote link will be down below and all the information will be there with that said thank you very much for watching guys hope you enjoyed short video a few updates and i will see you all in the next one ciao guys