Ultimate Cosmos Airdrop Guide, Staking, And Ecosystem List

Dive deep into what the Cosmos Ecosystem is, its features, and the dApps built on top of it that are potentially giving away free crypto through airdrops or staking.

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Updated March 11, 2024

BitPinas has already listed the potential and confirmed upcoming airdrops on the Solana Network and Sei Network, and has also listed more airdrops on this list

In this article, dive deep into what the Cosmos Ecosystem is, its features, and the dApps built on top of it that are expected to host an airdrop.

(Also check out: 30+ Potential Crypto Airdrops 2024 to Watch Out for in 2024)

Cosmos Ecosystem: An Introduction

Cosmos is a novel blockchain network architecture that is a network of many independent blockchains, called zones.

In its whitepaper, Cosmos mentioned that it seeks to address the common problems of blockchains, which are gross energy inefficiency, poor or limited performance, and immature governance mechanisms.

To solve this, Cosmos Network was developed as a network of heterogeneous blockchains, which are each connected via the Cosmos Hub and a standard communication layer called the Inter-Blockchain Communication (IBC) protocol, according to the team: 

“This architecture solves many problems that the blockchain space faces today, such as application interoperability, scalability, and seamless upgradability. For example, zones derived from Bitcoin, Go-Ethereum, CryptoNote, ZCash, or any blockchain system can be plugged into the Cosmos Hub.”

Meanwhile, the Cosmos Hub is the network’s first blockchain product. Basically, it serves as a WiFi router that facilitates token transactions in the Cosmos ecosystem.  

Moreover, another known product of Cosmos is the Cosmos SDK, which is an open-source framework for building multi-asset public Proof-of-Stake (PoS) blockchains as well as permissioned Proof-of-Authority (PoA) blockchains. 

Lastly, Cosmos’ native token is called $ATOM, which means that it is used to pay for transaction fees on the ecosystem and on dApps that do not have their own utility token. It also serves as a governance token, which can be staked for the user to vote, validate, or delegate to other validators. 

With these features, many dApps have been built on top of the Cosmos Network and there are projects taht are currently hosting their own airdrops. 

Cosmos Wallets

You need to have a wallet that supports Cosmos. An example of which is Keplr wallet (https://www.keplr.app/) and Leap (https://www.leapwallet.io/cosmos).

Staking in Cosmos Ecosystem: Earning Through Staking

One of the ways to earn in the Cosmos Ecosystem is through staking, as it is built on a proof-of-stake consensus mechanism. Here are some of the dapps in the ecosystem that allow users to stake their native token to provide extra security to the projects while earning.

Osmosis

Osmosis (https://osmosis.zone/) is a decentralized exchange and a cross-chain DeFi hub. 

“As the liquidity center and primary trading venue of Cosmos, it is the access point for the wide world of appchains, the gateway to the interchain,” its whitepaper read.

To earn crypto through staking: 

  • Step 1: Go to https://wallet.keplr.app/chains/osmosis
  • Step 2: Choose a validator.
  • Step 3: Choose the “Stake” button. 
  • Step 4: Type in the desired amount of $OSMO to be staked. 
  • Step 5: Wait for 14 days to receive rewards. 

Celestia

Celestia (https://celestia.org/) is a modular data availability network that aims to allow users to easily launch their own blockchain. 

“Rollups and L2s use Celestia as a network for publishing and making transaction data available for anyone to download. For them, Celestia provides high-throughput DA that can be verified easily with a light node,” its website wrote. 

It has already hosted its genesis airdrop, which already gave away $728,380,235 worth of $TIA, valued at its ATH token price of $13.99. But it is still giving away rewards to those who will stake $TIA tokens. 

To earn crypto through staking:  

  • Step 1: Go to https://wallet.keplr.app/chains/celestia?tab=staking.
  • Step 2: Choose a validator.
  • Step 3: Choose the “Stake” button. 
  • Step 4: Type in the desired amount of $TIA to be staked. 
  • Step 5: Wait for 21 days to receive rewards. 

Injective

Injective (https://injective.com/) is a finance-focused blockchain that offers a decentralized orderbook and allows its users to produce open interoperable smart contracts.

“The Injective ecosystem is a network of decentralized applications that focus on providing the best in class user experience. By providing the unrestricted and unprecedented ability to access decentralized financial markets, products, services, and toolings, the Injective ecosystem empowers individuals with the ability to more efficiently allocate capital,” its developers wrote in the documentation. 

Like Osmosis and Celestia, Injective’s native token can also be staked. 

To earn crypto through staking: 

  • Step 1: Go to https://wallet.keplr.app/chains/injective.
  • Step 2: Choose a validator.
  • Step 3: Choose the “Stake” button. 
  • Step 4: Type in the desired amount of $TIA to be staked. 
  • Step 5: Wait for 21 days to receive rewards. 

Kujira

Kujira (https://kujira.network/) is a layer 1 platform that claims to revolutionize payment infrastructure by providing “sustainable” FinTech solutions to protocols, builders, and web3 users.

“Our mission is to provide a range of easy-to-use, cost-effective tools for people of all levels of crypto experience, from the novice crypto enthusiast to the seasoned retail investor. We want to allow people to generate income regardless of market direction and be inclusive of all blockchains and networks,” its documentation read. 

To earn crypto through staking: 

  • Step 1: Go to https://blue.kujira.network/stake.
  • Step 2: Choose a validator.
  • Step 3: Choose the “Stake” button. 
  • Step 4: Type in the desired amount of $KUJI to be staked. 
  • Step 5: Wait for 14 days to receive rewards.

Stargaze

Stargaze (https://www.stargaze.zone/) is a “beginner-friendly” NFT marketplace that charges zero gas fee for minting and trading NFTs. 

“Stargaze is a Cosmos app chain designed to empower creators, traders, and developers. It enforces royalties onchain for both creators and developers, and offers real yield to stakers. Stargaze is the place to mint your first NFT if you’re new to crypto, but also offers advanced trading tools for more sophisticated traders,” the developers wrote. 

To earn crypto through staking: 

  • Step 1: Go to https://www.stargaze.zone/stake
  • Step 2: Choose a validator.
  • Step 3: Choose the “Delegate” button. 
  • Step 4: Type in the desired amount of $STAR to be staked. 
  • Step 5: Wait for 14 days to receive rewards. 

LPs in Cosmos Ecosystem: Earning Through Providing Liquidity

Aside from staking native tokens for transaction validation and helping boost the security and efficiency of Cosmos, the blockchain also allows users to stake their tokens to provide liquidity to different pools. 

Here are the dapps that allow participants to provide liquidity while earning rewards.  

DojoSwap

Dojoswap (https://dojo.trading/) is an automated market maker (AMM) protocol implemented with smart contracts on the Injective blockchain. 

Inspired by UniSwap, “the protocol enables a decentralized on-chain exchange for various assets involved in the Injective ecosystem.”

To earn crypto:

  • Option 1: Earn $POINTS or $DOJO by Farming
    • Step 1: Go to https://dojo.trading/farms
    • Step 2: Choose the farm type—$DOJO or $POINTS. The farm type is the reward that a user can earn. 
    • Step 3: Choose a liquidity pool. 
    • Step 4: Type in the desired amount of tokens to be staked in that LP or choose the “+” sign to increase the staked amount and the “-” sign to decrease. 
    • Step 5: Click “Harvest: if the rewards earned will be withdrawn. 
  • Option 2: Earn $DOJO by Native Staking
    • Step 1: Go to https://dojo.trading/pools.
    • Step 2: Choose between $DOJO to $POINTS, each token has a different set of rewards so choose wisely. 
    • Step 3: Type in the desired amount of tokens to be staked in that LP or choose the “+” sign to increase the staked amount and the “-” sign to decrease. 
    • Step 4: Click “Harvest: if the rewards earned will be withdrawn. 
  • Option 3: Earn $ITJ by Liquid Staking
    • Step 1: Go to https://dojo.trading/liquid-staking.
    • Step 2: Type in the desired amount of $INJ to be staked. 
    • Step 3: Wait to receive $dINJ.
    • Step 4:  Form dINJ-INJ LP in equal amounts.
    • Step 5:  Stake in the dINJ-INJ Farm.
    • Step 6: Wait to  earn validation APR from dINJ and Farm APR. 
    • Step 7: Wait for the rewards. 

Helix

Helix (https://www.helixapp.com/) is a decentralized spot and derivatives exchange that claims to offer low fees and gas-free execution.

“Helix is the premier platform for trading unlimited cross-chain crypto assets and perpetual markets with market leading rebates. Helix holds the record of becoming one of the fastest growing exchanges upon launch, reaching over $1 billion in cumulative trading volume in just one month,” it wrote on its Zendesk account.

To earn free $INJ on the Helix platform, there are currently three features available: 

  • Trade and Earn: Trade on the Spot and Perpetual trading pages or use a trading bot.
    • Access the program at https://www.helixapp.com/trade-and-earn
    • Note: This campaign ended on February 28, 2024. However, the team hinted that the next rewards campaign, which could be similar to this, wouldl soon be launched. 
  • LP Rewards: Add liquidity to the available trading pairs.
  • Helix Guilds: It is a team-based competition that weighs the total trading volume generated by all the guild members in the TIA/USDT market and the other is based on the weighted average TIA balance of all the guild members. The top-ranked guild in each category is eligible to receive 500 INJ and 5,000 TIA.
  • Open Liquidity Program: Earn rewards as market makers on Injective. Provide liquidity now by integrating directly with Injective, or use an automated trading dApp.

PRYZM

PRYZM (https://pryzm.zone/) is a Layer 1 Yield Hub, “redefining DeFi by separating future yield from assets, unlocking limitless flexibility, and pioneering innovative yield strategies.”

As of March 2024, PRYZM has an active testnet campaign. To obtain free testnet tokens:

The obtained testnet tokens can be used in two options, where users can receive either free crypto or fee gas fee as rewards.

  • Option 1: Delegate $PRYZM token
    • Step 1: Go to https://testnet.pryzm.zone/gov?q=1
    • Step 2: Type in the desired amount of token.
    • Step 3: Choose a validator. 
    • Step 4: Choose the “Stake” button. 
    • Step 5: Wait for the rewards. 
  • Option 2: Provide Liquidity
    • Step 1: Go to https://testnet.pryzm.zone/pools
    • Step 2: Choose a liquidity pool. 
    • Step 3: Provide liquidity by typing in the desired amount of token.
    • Step 4: Choose the “Provide Liquidity: button. 
    • Step 5: Wait for the rewards. 

PRYZM is also a partner of Keplr wallet, which means users can stake crypto: 

Other Rewards in Cosmos Ecosystem: Dapps With Potential Airdrops in the Future

Meanwhile, here is the list of dapps that have no tokens yet, which could signal that once these projects decide to launch their own native tokens, a massive airdrop could happen. 

Please take note that these are just speculations, there is a probability of it happening, or maybe not. 

Skip Protocol

Skip Protocol (https://skip.money/) is a decentralized solution that claims to help blockchains become “more powerful and user friendly” by providing them products in oracles, consensus, sequencing, and interoperability.

It recently introduced Slinky, an enshrined oracle for the highest-performance DeFi that leverages a chain’s native validator set to provide the fastest, most secure on-chain updates, guaranteed every block.

Hyperlane

Hyperlane (https://www.hyperlane.xyz/) is a universal and permissionless interoperability layer built for the modular blockchain stack.

Technically, anyone can permissionlessly deploy Hyperlane to any blockchain environment, whether it is a layer 1, rollup, or app-chain, allowing that chain to communicatewith any other chain on which that interoperability layer has been deployed.

Berachain

Berachain (https://www.berachain.com/) is a high-performance EVM-compatible blockchain built on Proof-of-Liquidity consensus. Proof-of-Liquidity is a novel consensus mechanism that aims to align network incentives, creating strong synergy between Berachain validators and the ecosystem of projects.

It has three tokens: $BERA, the utility token; $BGT, the governance token; and $HONEY, a U.S. dollar-pegged stablecoin. 

However, it should be noted that the Berachain mainnet, or its main network, is not yet live. This leads the community to speculate about an airdrop once the mainnet is launched. 

As of March 2024, a test network (https://artio.faucet.berachain.com/#dapps) is still ongoing, where participants can secure testnet tokens and try Berachain’s features. Participating in this testnet program is also one of the factors that is seen to qualify for a potential airdrop. 

Claimable Tokens in Cosmos Ecosystem: Free Crypto for Stakers 

There is a popular website for Cosmos users and stakers of the native tokens on its ecosystem called Cosmos Airdrops (https://www.cosmosairdrops.io/claimable). 

Basically, users can claim free tokens if they staked certain number of tokens in a certain timeline. 

As of March 2024, the claimable tokens for this month are: 

$SAGA

  • Claim Deadline: March 26, 2024
  • Minimum Staking Requirements:
    • 25 $ATOM (October 20, 2023)
    • 300 $MATIC (October 20, 2023)
    • 25 $AVAX (October 20, 2023)
    • 23 $TIA (December 1, 2023)

$AARK

  • Claim Deadline: March 11, 2024
  • Minimum Staking Requirements:
    • 100 $TIA (February 29, 2024)
    • 1,200 $PYTH (February 29, 2024)
    • 1,200 $JUP (February 29, 2024)

$AVX

  • Claim Deadline: TBA
  • Minimum Staking Requirements:
    • 50 $JKL (December 19, 2023)
    • x $ARCH (January 24, 2024)

This article is published on BitPinas: Ultimate Cosmos Airdrop Guide And Ecosystem List

Disclaimer:

  • Before investing in any cryptocurrency, it is essential that you carry out your own due diligence and seek appropriate professional advice about your specific position before making any financial decisions.
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