Airdrop Strategy: 1 Stone 7 Birds
Alpha Drops
0x4Bb1
July 21st, 2023

I will walk you through a strategy that could make you eligible for 7 airdrops. This strategy suits #LSDfi users and $ETH holders best.

By following this strategy, you'll interact with 7 protocols that do not have their own tokens and may do an airdrop once they release a token.

1 Zerion
2 Matcha
3 MetaMask
4 Raft
5 Swell Network
6 EigenLayer
7 DLN

Capital: >$6k
Network: Ethereum


⚠️ Disclaimer:
Not financial advice. Airdrops not assured, purely speculative. This strategy requires at least 3 ETH and is not risk-free. Do thorough research and act accordingly.


1. Swap ETH to stETH

Start by obtaining liquid staking ETH. In this case, I'm going for Lido's $stETH. Swap ETH to stETH using one of the following apps:

→ Zerion: https://alphadrops.net/alpha/zerion

→ Matcha: https://alphadrops.net/alpha/matcha

→ Metamask: https://alphadrops.net/alpha/metamask

2. Raft

Deposit $stETH into Raft and borrow $R. The minimum to borrow is 3k, therefore, you'll need to deposit 3-4 stETH in order to avoid liquidation.

→ Raft: https://alphadrops.net/alpha/raft

3. Back to the DEX aggregators

Swap the $R tokens you just borrowed into $ETH and $stETH

→ Zerion: https://alphadrops.net/alpha/zerion

→ Matcha: https://alphadrops.net/alpha/matcha

→ MetaMask: https://alphadrops.net/alpha/metamask

4. Swell Network

Stake some $ETH on Swell to get $swETH. Stakers receive pearls which will be converted into tokens later.

→ Swell: https://alphadrops.net/alpha/swell

You can also LP swETH on Maverick for more rewards from Maverick & Swell

→ Maverick: https://alphadrops.net/alpha/maverick

5. EigenLayer

EigenLayer's pools have reached the caps though you'll need some $stETH ready when the cap increases next time.

→ EigenLayer: https://alphadrops.net/alpha/eigenlayer

6. DLN: Make cross-chain swaps

If there are any tokens left, you may also make some cross-chain swaps using DLN. Maybe bridge some ETH to Linea.

→ DLN: https://app.dln.trade/r/3842


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