Potential Airdrop Opportunities and Participation Strategies in the Cosmos Ecosystem

In the blockchain world, the Cosmos ecosystem is known for its abundant airdrop opportunities. Recently, several projects have provided airdrop rewards to Cosmos ecosystem stakers, among which the modular public chain Celestia has allocated 20 million TIA to stakers of Cosmos Hub and Osmosis, as well as IBC relayers. This trend has sparked interest in the airdrop opportunities on Cosmos.

It is worth noting that, in addition to participating in staking Cosmos ecosystem tokens, interacting with the protocol testnet is also an important way to receive potential Airdrops.

Potential Airdrop Opportunities

Polymer public chain

Polymer Labs is a modular network protocol built on IBC, designed to achieve a decentralized, secure, and permissionless cross-chain network. The project completed a $3.6 million seed round of financing in March 2022 and collaborated with Celestial in April of the same year to bring IBC into Optimistic rollups.

Berachain public chain

Berachain is an EVM-compatible Layer 1 blockchain built on the Cosmos SDK, utilizing the Proof of Liquidity consensus mechanism. The project has launched its testnet and completed a $42 million funding round in April 2023.

SquidSquid cross-chain trading and liquidity routing protocol

SquidSquid completed a $4 million strategic financing in February 2024, focusing on cross-chain trading and liquidity routing.

Noble Cosmos Ecological Application Chain

Noble is an application chain built for the issuance of native assets for the Cosmos and IBC ecosystem. Its developing company, NASD, completed a $3.3 million seed round financing in October 2023.

Initia Public Chain

Initia is an L1 on Cosmos, developed using the Cosmos SDK, but utilizing the MoveVM computing framework based on the Move smart contract language. The project received funding support in October 2023.

Fairblock Privacy Public Chain

Fairblock is built using the Cosmos SDK, focusing on conditional decryption and pre-execution privacy. The project completed a $2.5 million pre-seed funding round in October 2023.

Tabi Chain Game Public Chain

Tabi Chain is a game blockchain with EVM compatibility, scheduled to launch on Cosmos in 2024. The project completed a $10 million angel round financing in May 2023.

Eclipse Modular Settlement Layer

Eclipse is a modular settlement layer that supports multiple execution environments and DA layers. The project completed a total of $15 million in Pre-Seed and Seed round financing in 2022.

EigenLayer Ethereum Re-Staking Protocol

EigenLabs, the developer of EigenLayer, completed a $50 million Series A funding round in March 2023. The project has potential connections to the Cosmos ecosystem.

Wormhole Cross-Chain Bridge

Wormhole recently announced its ZK roadmap, planning to integrate ZK light clients for multiple blockchains, including Cosmos. The project completed a $225 million funding round in November 2023 with a valuation of $2.5 billion.

Participation Strategy

Most projects do not have specific requirements for the amount of staked tokens, but there are exceptions. For example, Dymension requires at least 1 ATOM to be staked or 1 staked on Stride, while OSMO requires at least 10 staked. The Saga Airdrop also has specific requirements for the amount of ATOM and TIA staked.

To maximize the chances of receiving an Airdrop, it is recommended to adopt the following strategies:

1. Multiple Token Staking: Stake as many different Cosmos ecosystem tokens as possible.
2. Staking Amount: Try to increase the staking amount to meet the possible minimum requirements.
3. Participate in governance: Actively participate in voting activities, as some protocols will consider this as a condition for Airdrop.
4. Testnet Participation: Follow and participate in the testnet activities of various projects.

Staking Platform

The staking platforms in the Cosmos ecosystem are mainly divided into three categories:

1. Wallet Staking: such as Keplr Wallet and Leap Wallet
2. Staking on ecological liquidity platforms: such as Stride or StaFi
3. Staking on the project’s official website: Each project has its own staking platform.

Staking options for different tokens:

• ATOM: You can choose Keplr wallet, Leap wallet, or liquid staking protocols like Stride, StaFi, etc.
• TIA: Can use Keplr, Leap or Stride
• DYDX: Choose from Keplr, Leap, Stride, or dYdX Chain V4 official website
• OSMO: Can be used with Keplr, Leap, Stride, or the Osmosis official website.
• INJ: You can choose Keplr, Leap, Stride, or the Injective official website.

By flexibly utilizing these strategies and platforms, investors can maximize their potential airdrop opportunities in the Cosmos ecosystem. However, it is important to note that participating in any investment activity carries risks, and thorough research and risk assessment must be conducted.