Post by @stani • Hey
What are some good resources for airdrop designs? What has worked? What hasn't worked?
I am overall curious which teams has been able to nail down this fi
Comments
- @lens/p00ls has a veryy good airdrop system!
- **Stani ,** a successful airdrop is not just about distributing tokens; it's about creating sustainable value for the community. Your experience and leadership are key in understanding that the most powerful airdrops reward active and loyal users or encourage specific behaviors like engagement or contributions to the project. Airdrops that don't work well tend to attract airdrop hunters who take the tokens and immediately sell them, damaging the project's value and reputation.
True success in airdrops lies in the ability to build a strong and committed community that shares the project's vision and feels invested in its long-term success. As a visionary leader, you have the opportunity to transform airdrop strategies into a powerful tool for driving innovation and continuous growth in your creations. Leverage this opportunity to leave a lasting impact on the crypto ecosystem!
- that's probably the tweet that got most feedback regarding airdrops ;-) https://x.com/0xsebastiena/status/1758779401272017335
and here's (still) my take :-) https://x.com/lisr_D/status/1759201911687823658
I don't think that any airdrop 2024 will be able to satisfy *everyone*. The amount of farmers is crazy and the expectations as well. eg - depending on where you look - 5.5m to 8.5m addresses are farming zkSync. Probably not everyone will make generational wealth ...
I think wormhole did a great job, basically launching a token without any announcements / points / ... early in the cycle (imho NFA!) without having a retail friendly product (yet).
- The Good Vibes Airdop was a huge success 💪🏼
(Depending on how you measure it... 😂😂😂)
https://hey.xyz/posts/0xf340-0x02b8-DA-362ea12c
- Arbitrum and JUP because rules were simple and cleanly outlined for community
- dydx and arbitrum
- Arbitrum, Dymension.
- depends on what you mean by working.
airdropped tokens held for long time?
if they are governance tokens, participation in governance?
more liquidity in a protocol l1, 2, 3?
only if you know what you want to achieve with an airdrop or who do you want to reward with it, you can design accordingly.
do you want to reward early users?
do you want to reward ones with high volume?
or do you want to reward ones who interact with your protocol or chain regularly?
do you want to align with certain ecosystems, i.e. taking transactions on other protocols into account?
ask the right questions, decide what's important to you, and design accordingly. most probably, only a few people will be happy anyway 😬
- The Bitcoin Runestone drop was popular: every wallet that held a minimum of 3 NFT's qualified, each wallet received the same reward. I guess the take away is to reward the small guys with something significant.
- Arbitrum was a good one.
- its awesome
- Optimism’s first one nailed it imo. I would say the good ones were always unique. You can’t industrially farm an airdrop if you can’t guess the criteria. And, I think LayerZero’s current strategy to combat sybil farming is a good think to see how it plays out.