I’ve been fascinated with the current adoption of Arbitrum. Even though there are a lot of Layer 2 scaling solutions, Arbitrum is still ranked #1 in terms of Total Value Locks. Surprisingly, this is done without token incentives.
Many major dApps such as Aave, Uniswap, and OpenSea have expanded their product to Arbitrum. With this in mind, I believe other Ethereum protocols will follow their step.
Speaking of dApps, some of them still have no token. I’ve researched those and here’s what I found and the strategy to get a potential airdrop.
First and foremost prepare some ETH on Arbiturm. Some exchanges have integrated Arbitrum for ETH withdrawal. If your favorite exchange doesn’t, you can use LayerSwap for L2 on-ramp.
p.s LayerSwap has no token to date.
Done?
LFG
A native decentralized derivatives protocol built on top of Arbitrum. You can trade perpetual contracts up to 25x leverage.
Strategy: Trade any perpetual contract at Abroad Exchange
A decentralized exchange to find optimal routes for cryptocurrency token swaps via Smart Order Routing across multiple blockchain protocols, 50+ Decentralized Exchanges (DEX), and hundreds of token pairs, delivering ultimate savings to users
Strategy: Trade any token at Odos
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A web3 trading platform with a beautiful interface. They support major networks such as Polygon and BNB. Also, they support L2s like Arbitrum and other networks like Osmosis and the newly introduced blockchain, Canto.
Strategy: Trade any token at Slingshot Finance
An advanced DeFi management app. DeFi Saver is a must-have tool for degens for creating, managing and tracking your DeFi positions.
Strategy: Trade any and lend any token, and create a DeFi recipe.
Yield Protocol is a permissionless market for collateralized fixed-rate borrowing and lending on Ethereum and L2s.
Strategy: Lend and borrow tokens at Yield Protocol
*The tokens you lend will be locked for some time.
Do not do it once. Otherwise, your wallet will be labeled as a Sybil wallet. Try and explore the above protocols. Use all of the available features. Be like a real user!
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