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 January 29, 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: 10 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)

Cosmos Ecosystem

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 free crypto: 

  • 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. 

Injective

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

  • 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 free $KUJI tokens, 

  • 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. 

  • 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. 

Other Cosmos Projects

The following projects (as of January 3, 2023) that either don’t have tokens but are planning to launch their mainnets or still in testnet.

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 free crypto, free 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 5: 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.
  • LP Rewards: Add liquidity to the available trading pairs. Access the program at https://www.helixapp.com/lp-rewards
  • Helix Guilds: It is a team-based competition that weighs he 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. Access the program at https://www.helixapp.com/guilds.
  • Open Liquidity Program: Earn rewards as market makers on Injective. Provide liquidity now by integrating directly with Injective, or use an automated trading dApp. Access the program at https://trading.injective.network/program/liquidity/

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.”

It currently has an active testnet. To obtain free testnet tokens, go to https://testnet.pryzm.zone/faucet and type in the PRYZM wallet address. 

It also offers two options to earn free crypto or fee gas fee, by using the testnet tokens:

  • 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 parter of Keplr wallet: 

Skip Protocol

Skip aims to improve user experience and interoperability. (Skip)

Hyperlane

This is a permissionless interoperability layer. (Hyperlane: The Interchain Highway | Home)

Berachain

This is an EVM-equivalent layer one on the Cosmos EDK that uses proof of liquidity. (Home | Berachain)

Dymension

Dymension is home for easily deployable rollaps. (Dymension: Home of the RollApps)

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.
  • BitPinas provides content for informational purposes only and does not constitute investment advice. Your actions are solely your own responsibility. This website is not responsible for any losses you may incur, nor will it claim attribution for your gains.

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