Solana Airdrop Checklists & DeFi Strategies

Strategies to earn yield and qualify for airdrops on Solana

Updated August 2024

Jupiter

Yield and Potential Airdrop

Dex aggregator and perps trading platform. They’ve allocated 40% of the token supply to the community, to be dispersed over 4 rounds of airdrops. In January, Jupiter launched the first airdrop - 1B JUP tokens. More will be coming over the next several years.

1. Swap on Jupiter (use for all swaps)

2. Use the Jupiter bridge aggregator

3. Trade perps on Jupiter

4. Stake the JUP token and vote on proposals (this provides access to ongoing airdrops of JUP and other tokens)

5. Hold JLP, the liquidity provider token for Jupiter Perps

   1. There may be an airdrop for JLP holders

   2. JLP is a basket of majors & stables and earns 30-100% APY from perp trader losses and trading fees. One of the best holds in all of DeFi right now.

SoLayer

Potential Airdrop

Restaking protocol on Solana.

Use code JPV3J2 to enter

Complete at least three of the following tasks:

1. Get a permanent referral link

2. Deposited in any of the LST pools

   1. Options include Solana Native Staking, mSOL, JitoSOL, bSOL and INF

3. Participate in Epoch 0*

4. Participate throughout at least 2 Epochs

5. Refer users who have deposited

6. Invite at least 3 people

*Currently SoLayer is in Epoch 3, for those who haven’t used it yet

Meteora

Yield and Potential Airdrop

Liquidity hub on Solana. Meteora has a points program, but it’s invisible to users.

1. Add liquidity to a pool with good volume and solid TVL.

   1. I like pools with over $1M in TVL

   2. Liquidity earns 1 point per $1 of TVL

   3. Provide liquidity with tokens you want to hold, not just tokens that have a high APR.

Here’s a helpful guide on how to effectively use Meteora; everything you need to know.

Rain.fi

Potential Airdrop

Peer-to-peer lending protocol that lets anyone create their own lending pool.

Rain.fi has a points program called Droplets and here’s how you can earn them:

1. Lend or borrow tokens

2. Use Rain.fi’s “Buy Now Pay Later” feature to acquire NFTs

3. Use NFTs as collateral to borrow funds

4. Margin Swap

NX Finance

Yield and Potential Airdrop

Composable leverage protocol & yield aggregator on Solana.

1. Follow Nx on Twitter

2. Join Nx Discord

3. Provide JLP and borrow either USDC or USDT, up to 5x

Watch my Top Solana DeFi Strategies video for more