🔥 Ethena New Perp DEX Airdrop - Open SEA Airdrop News - And More Airdrop Updates 🔥
Crypto Currency State
4 months ago
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Executive Summary
This video dives into some exciting and sometimes risky opportunities in the crypto airdrop space, covering the launch of Ethena's new perpetual DEX and its early airdrop potential, significant news about a possible OpenSea airdrop, and other essential updates from the ecosystem. It also touches on important market narratives like AI and warns about potential scams while offering strategies for safer airdrop farming.
Here's a breakdown of the key takeaways and insights:
AI Still the Biggest Narrative:
- Despite current crypto market prices looking "abysmal," the underlying fundamental changes AI is bringing to the world from a scientific and advancement perspective are huge.
- The current market state for AI-related tokens is either a "generational buying opportunity" or it will "go to zero," but the presenter strongly believes in its long-term impact.
- It's highly recommended to look beyond the charts and understand AI's scientific advancements by watching educational content (like from Veritasium and Chloe Cleo Abrams) to get a clearer picture of the future.
Ethena's New Perp DEX and Early Airdrop Opportunity:
- Ethena is launching "Season Zero" for their new perpetual decentralized exchange (DEX), which will use USD as collateral. This is incredibly bullish for Ethena.
- Ethena already generates significant revenue, with over $6 billion in total value locked (TVL) in USD. Perpetual DEXs are a proven model for long-term revenue generation in crypto.
- You are "super early" for this opportunity. Currently, you can get a 30x multiplier for staking ENA or USD, with no lockups and the ability to withdraw anytime. Referring friends also earns extra rewards.
- Participating in Season Zero grants priority access to future product releases, bonus rewards, upcoming incentive campaigns, and exclusive perks, including Discord OG roles for early users who generate enough traction.
- The TVL for this new DEX is currently under $100 million, while the main Ethena project has over $6 billion, indicating significant room for growth and early mover advantage.
Maximizing Perpetual DEX Airdrops with Delta Neutral Strategy:
- While perpetual DEXs were major airdrop sources in 2024, direct trading is difficult and often leads to losses.
- A recommended strategy for those who aren't experienced traders is "delta neutral farming." This involves opening a short position on one platform and a long position on the same asset on another platform simultaneously.
- The theoretical risk is near zero (only platform fees apply) because asset price movements don't affect your net position. This allows you to farm two perpetual DEX airdrops at once without liquidation risk.
- This strategy also significantly reduces the risk of being labeled a "wash trader" or "sybil attacker" because trades can be kept open for much longer (minutes, hours, or even days) compared to rapid, high-leverage trades.
- Top current targets for this strategy include Kinto, Hyperliquid UI Season 2, GRVT, and Rhea, with Ethena poised to become a strong fourth contender once its perpetual DEX fully launches.
OpenSea Airdrop News – Coming Soon?:
- OpenSea has announced token plans, signaling that a long-awaited airdrop is on the horizon.
- Initial indications suggest that the airdrop will consider "historical OpenSea usage," which is great news for early NFT users from the previous bull market.
- The claim process is expected to be simple, accessible, and friendly for US users.
- Crucial Warning: No official timing has been confirmed, meaning there is no live OpenSea airdrop yet. You need to stay safe from scams.
- Actionable Steps: To prepare for future airdrops and strengthen your wallet's "sybil proof," it's highly recommended to perform Ethereum mainnet transactions when GWEI (gas fees) are very low, especially on weekends (potentially under 1 GWEI).
- Good "organic" mainnet transactions include bridging assets (like using Eclipse's native bridge to send ETH to Eclipse mainnet) or minting TETH tokens. Farming NFT airdrops on platforms like Magic Eden can also be beneficial.
Infinex: An Under-Farmed "Hidden Gem" Airdrop:
- Infinex recently distributed a small "Pengu airdrop," which, while "peanuts" now, serves as a reminder of its potential.
- The presenter considers Infinex one of the most "under-farmed" airdrops, with likely fewer than 20,000 active users.
- Infinex has been very generous in the past: simply depositing assets and holding USD last summer could have yielded over $500 in ENA tokens, and opening crates early led to 500 PIT token airdrops.
- Actionable: Don't just deposit assets; actively test out new functionalities as soon as they are released (e.g., the "switch functionality").
$LIBRA Scam and Solana Ecosystem Impact:
- The launch of a meme coin ($LIBRA) by the President of Argentina was a "borderline scam" that unfortunately caused losses.
- There was speculation that the Jupiter or Meteora teams (closely related entities) might have been involved or had prior knowledge.
- However, Jupiter's representative has stated that extensive research confirmed no team involvement, deeming it "ungrounded FUD."
- While this event has caused some liquidity to leave Solana platforms like Meteora and Jupiter, the presenter remains bullish. If you believe the teams are legitimate, the reduced competition from departing liquidity could mean better potential airdrops for those who stay and continue farming. The presenter is personally keeping funds with Meteora, hoping for a significant Solana ecosystem airdrop in 2025.
Other Airdrop Updates (Hyperlane & Decent XYZ):
- A supposed "Hyper public sale" on February 17th couldn't be confirmed on official Hyperlane websites.
- Decent XYZ has integrated with several promising airdrop targets, including Unichain, Verachain, Abstract, and Sonium.
- Actionable: If you're still bullish on Hyperlane and want to ensure you get those last few transactions in before a potential snapshot, using Decent XYZ's new integrations offers another route for interaction.
The video also promotes the presenter's Discord community for real-time airdrop discussions, an airdrop tracking application, and an NFT collection that claims to offer a 10% monthly yield.
Transcript
Transcript
New early airdrop opportunity with Athena, token announcements, token claims, Argentina casually rugging the world after Central African Republic, much, much more. Let's get started. And super quick before everything, a couple of days ago, we had our first Discord live for Discord members, and I was really positively surprised by the amount of interest that people are still involved in with AI sector. So of course, looking at the prices, it's looking absolutely abysmal. So this is either a generational buying opportunity or it will go to zero. But if we just take a quick look away from the charts and prices and speculation, if we just take a quick understanding of what AI is actually fundamentally changing to the world from scientific perspective, from advancement, researches and everything, maybe it will actually help us get a better understanding of the future that we might be going towards. For this, I've actually had pleasure to watch some of the Veritasium and Chloe Cleo Abrams videos on Huge If True and of course, the advances that AI is doing in scientific sector. So if you have some time, interest, energy, to actually take a look at this relatively entertaining topics, I would highly recommend you build some knowledge and get a clearer picture of what's going on outside of the charts, because that is actually where some part of our attention should also flow towards. So I will leave these links in the description of the video. They will be on the first link of everything in the description of the video we talk about is always first link. It'll take you to our website. Now moving into Athena news, we have Ethereum launching their season zero. This is their perpetual DEX, which is going to be using USD as collateral. This is incredibly bullish for Athena in general, because they have already one of the best grossing revenue producers out there, because their total value locked of USD is over 6 billion. However, the perpetual DEXs have been a proven best crypto model for revenue generation in the long term. So of course, this is very, very bullish. But importantly, you are super early for this one because at the moment, you can generate 30x multiplier for your staked ENA or USD. You have no lockups and you can withdraw at any time. And you can also refer friends for extra rewards. This is the most important part. Participation in season zero is not just about early deposits. It's your pass for priority access for future product releases, bonus rewards and upcoming incentive campaigns and exclusive perks reserved for early users. This, of course, includes the Discord roles. If you join their Discord and if you actually generate enough traction to actually get a role, you can get an OG role, which is going to be much, much more beneficial in the future. You can read more about all of these things in their mirror post, but in short, their total value locked is currently under 100 million. And the Athena project itself has over 6 billion in total value locked. So for this one, we are very, very early. Now, the reason why we're so much bullish on perpetual DEXs in general is because they were one of the best ergeps of 2024. But unfortunately, trading itself is very difficult and very stressful. And most of the time you actually lose money trading. So I've actually found a strategy that works absolutely amazing for people who are not that experienced traders like myself. So there's something called delta neutral, where you open a short on one platform, you open a long in the same asset at the same time on another platform. You're basically farming two perpetual DEXs ergeps at the same time. Zero risk in theory, right? Because you're only paying platform fees. So no matter what the asset decides to do, go up, down, sideways to Jupiter and back, you should be in theory fine. Of course, this is very, very good to use and utilize across prospective airdrops that currently four of the best targets we have right now are Kinto plus hyperliquid user interface, season two, you also have GRVT and Rhea. Those are my top three. And I'm really considering adding ethereal as number four once it actually goes live because at the moment, there's only going to be a deposit for their future ENA and ethereal token airdrop. But at the moment, you can only do a deposit. But this is a strategy that I would highly recommend to use if you want to maximize your airdrop farming from perpetual DEXs, but you don't really want to risk getting liquidated while trading. And best of all, you have almost zero risk of being considered a wash trader or civil because of course, when you're doing huge leverage to build up a lot of volume, most of the time people do like 50 or 100 DEX positions, but it's super scary to keep these open for even a couple of minutes sometimes. Therefore, you just automatically panic close within a couple of seconds or minutes. But with this strategy, you can keep your trades open for minutes, hours, maybe even days in some situations. So you have very, very small risk from this perspective of being considered a wash trader. Now, of course, for all these strategies and so much more, we have our Discord where we discuss all these things in real time. And recently, we've just done an update of everything that we are doing in real time and what is actually the hottest thing to do, hottest narratives. And we are posting it always in the announcements tab. If this is something that interests you, if you want to talk with other airdrop experienced people and veterans, we have our subscriptions page. Here you can find everything for monthly and yearly memberships, as well as an airdrop tracking application, which will help you keep organized. And finally, even though January was very rocky, we also have our NFT collection, which has continued to do 10% every month in the terms of yield. So if this is something that interests you, if you want to have a borderline guaranteed 10% passive income every month, courtesy of our DeFi legend, Chris, this is something that you can also explore. We have a Telegram group where you can have all your questions answered. Next up, we have some token announcements from OpenSea. This one has been long awaited. And we have some first initial signs that it is going to be historical OpenSea usage, not just recent activity. So this is highly interested for early NFT users, especially of the last bull market. Of course, claim process will be simple and accessible and it will be friendly for US users. And most importantly, this is nothing confirmed yet from timing perspective, which means that there is no official OpenSea airdrop just yet. This is just an announcement. So please stay safe. If you want to verify your NFT accessibility and all of your transactions, NFT data, you can do so on this particular NFT tracker. And most importantly, if you still don't have any Ethereum mainnet transactions, which will actually help you a lot to see will-proof and make your wallets actually much, much better from the perspective of all airdrops in the future, it is highly recommended to actually do some Ethereum transactions when GUEI is super low. Now, of course, today is weekdays. So you should ideally do this during the weekend, especially, for example, a couple days ago, you could find GUEI at under one. So that is crazy. You could send Ethereum and spend like 20, 30 cents for transaction. It is beyond crazy. So if you're going to be doing some Ethereum mainnet transactions to have some mainnet activity on your wallets, it is highly recommended to do stuff like bridging and those very organic, normal Ethereum mainnet transactions. You can also farm some NFT airdrops, for example, on Magic Hidden, OpenSea Future Seasons, and some others. But what I would highly recommend is to actually use Eclipse native bridge. For example, you can send your ETH to Eclipse mainnet simply using their official bridge, or you can even mint this TETH that we've covered many times before when we were doing Eclipse airdrop tutorials. And from token claims, we have very good news from Infinex. They are actually giving us Pengu airdrop. Of course, at the moment, this is just peanuts, but this is a reminder that this platform is probably one of the most under-farmed airdrops out there because I'm pretty sure there's less than 20,000 users actually depositing here and interacting with it. But it has been very, very generous in the past. For example, if you had just deposited assets and held USD during last summer, you would have received over $500 in ENA tokens. If you have opened crates in the first 24 hours, you would have received 500 PIT token airdrops. So yes, this is one of my hidden gems. Let's call it like that. But make sure to not only deposit assets, but actually test out new functionalities as soon as they come out, such as, for example, the switch functionality and many others that are planned for the future. Finally, let's take a look at what's been going on with the president of Argentina launching his own meme coin as well. Of course, this is a bit of a meme, but it does not go too far from what actually happened. My heart goes to everyone who lost money in this borderline scam. But most importantly, what influence this has on Solana and more particularly Jupiter and Meteora. So there's been a lot of speculation that the Jupiter or Meteora teams, which are basically the same branches, that they had some kind of influence over this, that they knew something that was happening. But in this very, very long post, the Jupiter representative is TLDRs, that they had absolutely no way to actually participate in this thing and that they've done extensive internal and external kind of research to make sure that none of the teams was actually participating in this debacle. So yeah, this is definitely bad news bears for Meteora, Solana, Jupiter farmers, because a lot of liquidity is actually going outside of these platforms. But if you believe that these teams are actually legit and that they really had nothing to do with this, this is actually very, very good because there's a lot of liquidity leaving the platform. So those of us who stay and actually continue farming, the potential airdrop, we're actually sitting off much, much better off. So you need to do your own research and decide if you're going to keep your funds there or not. But for me, this is just ungrounded FUD. So personally, I'm keeping my funds with Meteora, hoping that 2025 is actually going to be one of the better airdrops from Solana ecosystem. And to wrap things up, we had February 17th, a hyper public sale, but there was actually nothing that I could find on their official website, both from Hyperlane Foundation and Hyperlane in its own right. But we do have a new interesting route from Decent XYZ. They actually integrated with Unichain, Verachain, Abstract and Sonium, all of the very, very good airdrop targets that we're focused on in the last couple of weeks. So if you're still bullish in Hyperlane and if you want to make sure to get those last couple transactions in before potentially snapshot taking place, then you can definitely consider adding another interesting debt integration to your route. And that is a wrap for all the news and updates regarding this wild, wild west of crypto filled with opportunities, but also dangers. If you like the content, make sure to like and subscribe. Bonifications on for any questions or comments. I'm waiting for you in the comments below. And if you want to take your crypto game to the next level, we're waiting for you in our Discord. Thanks for watching. Till next time, have an amazing day.