1 Solana Airdrop Allocation + Claim Airdrop - 2 Days Left
Crypto with Lorenzo
21 days 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
Okay, so here's the lowdown on that video about Solana airdrops and trading!
So, this video talks about the current crypto market being down and opens some new trading positions on an exchange called Zoomex. The main focus, though, is on getting in on a specific Solana airdrop called Drift by trading on their platform, plus it quickly mentions an upcoming airdrop (MLD) and reminds everyone to claim an older one (Arkeo) before it's too late.
Here are the key points and details:
- The market is currently down, and the presenter is adding to existing long positions (betting prices will go up) on Bitcoin, Ethereum, and Solana.
- New long positions are being opened on XRP (at 10x leverage) and adding more to the Solana position on Zoomex.
- Highly recommends trading on Zoomex, claiming it's the "best exchange."
- Zoomex is currently running a big $2.4 million giveaway/competition.
- Mentions that very few people (only about 2,100) are registered for this competition right now, suggesting that participating gives you a very high chance of winning money.
- There's a prize pool for teams ($906,000) and individuals ($7,720,000). The presenter plans to create a team.
- Highlights benefits for traders on Zoomex like rebates and guaranteed rewards.
- The Zoomex competition starts in about three days.
- Mentions Zoomex sponsors an F1 team, which is seen as a positive sign.
- Claims Zoomex runs these kinds of rewarding competitions way more often than simple airdrop opportunities.
- Shifting to the main airdrop topic: the Drift airdrop on Solana.
- Explains that Drift has a "fuel reward program" which is currently in its final phase and ending soon. This program is how you qualify for the airdrop.
- To participate in the Drift airdrop, you need to trade on the Drift platform which is built on Solana.
- Shows how easy it is to deposit funds into Drift directly from a Solana wallet like Phantom.
- Explains that you earn "fuel" points based on your trading volume on Drift.
- You get 1 fuel point for every $1 in "taker volume" (trades that execute immediately) and 1 fuel point for every $1 in "maker volume" (trades that wait on the order book).
- Mentions there are other ways to earn fuel points, like activity in their vaults or staking Drift tokens if you hold them.
- Demonstrates opening and closing a leveraged position on Drift.
- Notes that trading on Drift involves fees, and closing positions (especially quickly) can result in small losses due to fees and price fluctuations.
- Points update periodically based on trading activity.
- Opinion: The Drift airdrop is likely worth it if you already trade on the Solana network.
- Opinion: If you don't normally trade on Solana, it's better to stick to trading on Zoomex rather than trying Drift just for the airdrop.
- Mentions an upcoming airdrop from Orchestra Lab for their MLD token.
- 10% of the total MLD token supply is allocated for this airdrop.
- Eligibility includes stakers of certain tokens within the Cosmos ecosystem (like Osmo, Atom, Arch, Stars, etc.), participants in the Symfony pre-sale, and specific NFT holders.
- Important Note: Most of the eligibility snapshots for the MLD airdrop have already been taken, except possibly for Stride stakers.
- Reminds viewers about claiming the Arkeo airdrop.
- The deadline to claim the Arkeo airdrop is June 2nd, which is about 12 days away. (Note: the title said 2 days, but the transcript says 12, so going with 12).
- The process to claim Arkeo is simple: go to the Arkeo claim website, connect your wallet to see your allocation, claim it, and you can then sell it if you want.
- Encourages viewers to trade with him on Zoomex and share their thoughts in the comments.
Transcript
Transcript
Let's go and talk about a Solana airdrop which is coming very very soon and you can qualify for it and it's going to be way better than the rest that have you know happened a couple of weeks ago or days ago so stick till the end and with this we jump straight onto the laptop the first thing that I want to talk about is yes I'm in loss but because the market is down I still didn't bet everything that I had so we will go and open two new positions in this video one is going to be an XRP 10x long I will put I will not put much I will put about let's go and put about $1000 I will buy long on XRP the liquidation price is at $1 and then also I will buy on the Solana USD I will long Solana once again if you do follow me you've seen it that we did long it a while ago and I will go and long a little bit more than what it is with the XRP token at $123 is the liquidation price and as we see here now we got three position open we got Solana long we got XRP long we do have Ethereum long and we do have Bitcoin long so come and trade with me over on ZoomX because it is the best XH and as well if you go and sign up now or you already sign up with me over on ZoomX make sure to participate in this $2.4 million giveaway for competitors there's very little people like there's only about as of right now 2,000 people 2,100 people registered which means if you go and participate you will be certain to win money from this competition but there's way less people than other competition out there that people know about so make sure to sign up the link will be down below we got both we got $9,060 for team prize pool $7,720,000 for individual competition and yes I will be making a team pool so as we see here number of participants is way way little so make sure to come and participate make sure to join because you will win it number of squads and the available prize pool there's going to be quite a lot we got the team battle which is what we're going to be heading so we're going to be happy to win it. We're going to be having exclusive perks for our teams we're going to be having exclusive giveaway for our team so make sure to sign up to the link down below with me traders benefit as we see here you get benefits you get money back you get guaranteed rewards you go the whole squad battle link down below make sure to go and understand it it starts in three days so you do have time to go and participate but talking about the airdrop the one I want to talk about is drift over on Solana when it comes to drift right here the fuel reward program is coming to an end and it's on this final phase now keep in mind I participate to this program as you see here I have ranked 9,000 I did to reach rank 9,000 I did probably four trades and it is super easy link down below this is if you trade on Solana when it comes to ZoomX I do all of my trade on ZoomX the biggest trade especially with USCT if I do have because we do work also with Solana we have Jupiter we got all the different protocols I do do some trading like also here just like Hyperliquid etc so all you gotta do is come here deposit any amount of money that you do have in your Solana wallet in this case it's going to deposit about $40 and as we see here we simply deposit straight from our Phantom wallet which is a great great thing that they managed to do and what are we going to do well it is just like trading just like on ZoomX we're going long and short a few positions so one of the thing that I was thinking about it is as you see here by the way you do get points as we see very simple you get one fuel for every $1 in taker volume and then one fuel for $1 in maker volume and so on and so on so simply go to the trade spot swap whatever you want open a size for example here we can open a very very long position as we see here 100x and it's gonna go over here on my position and then of course you can close it you can hold it it is completely up to you what you want to do here I have it it's a profit of 11 cent now entry the liquidation price it's at basically 30 cent from here so all you gotta do if you want to go and close it click on the arrow click on the or here click this is the closing button close 100% of the position and you are good to go as we see here I did you know close the position in a loss plus the fees that it generated with this position so I I shouldn't have any more $40 I should have a little bit less than $40 so we got a $41 still so what does this mean well as you see here the points have gone up so by doing simply opening and closing trades over here on drift you are able to go and get yourself more and more points now the rank is going to get updated later I think it is updated every top minutes but as you see here I have a $242,000 and now here I have it with $255,000 so the more you trade and as you saw it is extremely easy to trade you can also get 10 fuel for every $1 for 28 days based on the activity of the vault 10 fuel for every drift stay for 28 days if you have them so there's way many things that you can do just make sure to go and participate make sure to go and check it here now I got $32 so about I got lost $8 in the trade between closing and the fees so just so you know there are fees that are gonna get you some money you know you're gonna lose some money on it but it is what it is but I think the error is gonna be worth it if you also trade on Solana absolutely yes if you don't trade on Solana leave it go and trade over on ZoomX if you trade normal you know if you simply trade coins like I do right here then ZoomX is the best choice don't go over to Solana don't go over to Drift stick on ZoomX because it is most rewarding especially with the giveaway campaigns that they got going on being the sponsor of an F1 team very very important you know they do this competition way often than A1 simple of aero job next up we have the upcoming aero job of the MLD the orchestra lab is allocating 10% of the genesis supply of MLD melody for their aero job eligibility criteria test and participants of the stakers of $100 plus in Osmo, Atom, Arch, STEM, Arch, Stars, etc so many tokens Symfony's pre-sale participant and NFT holders all snapshots have been taken expect from the Stride snapshot so if you are a participant in this ecosystem congratulations you will have yourself an aero job next time we have the claiming of the Archeo aero job which is finishing on June 2nd so we do have about 12 days left before the K 12 days left before the K is over simply go to this page over here and if you have the possibility click on next you will have your allocation right here with a wallet claim it sell it and you are good to go but with that guys I hope you did enjoy today's video let me know what you think down in the comments below come and trade with me and I will see you tomorrow ciao guys