[April 2024] Ultimate Guide to Solana Airdrops 2024

Editing and additional information by Michael Mislos. Updated April 5, 2024. (To go to the updated section, jump here. New readers should start reading the article from the beginning.)

Solana is an open-source blockchain built by Solana Labs in 2017 that aims to be the home of dApps in the web3 ecosystem. In this article, we look at the possible Solana airdrop that will happen across its ecosystem.

• 10 Potential Crypto Airdrops 2024 to Watch Out for in 2024
• Solana Airdrop Checker Tool To Check If Your Wallet is Eligible
• BONKbot Telegram Bot Guide: Fastest Way to Buy and Sell Solana Coins

Short Introduction to Solana

Compared to its rival blockchains, Solana is implementing a Proof-of-History (PoH) consensus mechanism while still using a Proof-of-Stake (PoS) consensus mechanism. This hybrid mechanism on the network produces faster transaction processes with lower fees. 

Solana’s efficiency and speed have made it an attractive hub for various web3 projects, including decentralized exchanges, blockchain games, and numerous other dApps. To learn more about Solana, its native token $SOL, and how to purchase and stake $SOL in the Philippines, refer to our comprehensive guide.

Solana Airdrop Ecosystem

A key growth strategy for dApps on the Solana network is the distribution of tokens through airdrops, a method aimed at attracting a larger user base.

What is a Crypto Airdrop?

Generally, an airdrop is a way for newly launched projects to attract more web3 natives to try their platforms or introduce their tokens.

Airdrops in the crypto world are akin to receiving a voucher for signing up for promotional materials from a new store; they serve to introduce and promote the brand while encouraging patronage. Crypto airdrops follow a similar approach, offering free tokens, NFTs, and digital collectibles for simple tasks, thereby increasing platform engagement and trust.

These minimal tasks include: 

• sharing their social media accounts, 
• making a review of the project’s website and services, 
• signing up for a newsletter, 
• using the project’s products or features
• trading on DEXs, or 
• holding or staking a specific crypto for a specific period.

How to Frontrun or Get Ready to Participate in Solana Airdrops

One of the ways to be among the frontrunners of enjoyers of potential airdrops on its ecosystem is to start using Solana-based and Solana-compatible wallets, like Phantom (https://phantom.app/) and Solflare (https://solflare.com/). 

• Read more about: Top Crypto Wallets With No Tokens Yet | Airdrop Soon?

Moreover, BONKbot, a Telegram trading bot on Solana, can also be used and can be utilized to earn points and engagements for potential airdrops in the future on the Solana ecosystem. 

• Learn how to use BONKbot with our guide: BONKbot Telegram Bot Guide: Fastest Way to Buy and Sell Solana Coins

Finally, most of the users become eligible to the airdrops if they use the project’s products before the airdrop is announced. So armed with the Phantom Wallet, and some $SOL tokens, you can begin exploring the Solana projects below:

Update: April 2024: Solana-Based Projects With Upcoming or Potential Airdrop

Let’s now take a look at Solana-based projects which either have confirmed or potential airdrops in the future.

Meteora

With the eye-catching tagline “Make Solana Liquid Again,” Meteora (https://meteora.ag/) is a liquid staking protocol that seeks to “transform Solana into the ultimate trading hub for mainstream users in crypto by driving sustainable, long-term liquidity to the platform.” 

Meteora April 2024 Update
Status	Confirmed (Currently has a points tracking campaign)
Reason for Airdrop	Introduction of Upcoming Token, $MET
Tasks to Join	Provide liquidity
Other Airdrop Campaign Info	Basic Points Scoring – 1 point per $1 of TVL per day – 1000 points per $1 of fees earned – On all liquidity: DLMM, dynamic pools, multi-token pools Multipliers – 1.5x multiplier for LPs if you started LPing on Meteora before Dec 1 and have continued till launch. – 1.2x multiplier for LPs if you started LPing on Meteora before Points has launched and you continue through to Launch. – Multipliers are on the wallet, not your LP positions. It will apply to all positions. Every time eligible users earn points, the multiplier is in effect.
Airdrop Website	https://app.meteora.ag/
Socials (for Update)	https://discord.com/invite/meteora

Blazestake

BlazeStake (https://stake.solblaze.org/) is a fully non-custodial stake pool protocol that is supported by the Solana Foundation. Users will receive BlazeStake Staked SOL (bSOL) tokens when they stake $SOL on BlazeStake, which can be used in different dApps in the Solana ecosystem. 

Blazestake April 2024 Update
Status	Hinted (No other details available)
Reason for Airdrop	According to its website, bSOL stakers could unlock exclusive airdrops in the future, where holding more bSOL gives them more airdrop tokens.
Tasks to Join	Stake $SOL
Other Airdrop Campaign Info	Consistently staking $SOL to receive bSOL, and holding bSOL for a longer period are said to be the only tasks needed for its future airdrop.
Airdrop Website	https://stake.solblaze.org/app/
Socials (for Update)	N/A

Sharky

Sharky (https://sharky.fi/) is an NFT lending platform that allows its users to borrow and lend NFTs and buy and hold Sharx NFTs. 

Sharky April 2024 Update
Status	Confirmed (Season 1 Leaderboard is ongoing)
Reason for Airdrop	$SHARK token generation event
Tasks to Join	Hold sharxUse the platform dailyBorrow
Other Airdrop  Campaign Info	Aside from farming points, a lottery is also held daily. Those who farmed points that day are automatically qualified for random prizes.
Airdrop Website	https://sharky.fi/airdrop
Socials (for Update)	https://twitter.com/sharkyfi https://discord.com/invite/sharkyfi

Kamino Finance

Aiming to offer the easiest possible way of providing liquidity and earning yield on-chain, Kamino Finance (https://app.kamino.finance/) is a protocol that claims to successfully combine lending, liquidity, and leverage into a single product.

April 2024 Update
Status	Confirmed (Season 2 Points System is ongoing)
Reason for Airdrop	$KMNO launch
Tasks to Join	– Provide liquidity – Borrow and lend – Execute leverage trading
Other Airdrop Campaign Info	The snapshot for Season 1 was taken on March 31. Rewards for Season 1 are expected to be distributed soon.
Airdrop Website	https://app.kamino.finance/points
Socials (for Update)	https://twitter.com/KaminoFinance https://discord.com/invite/kaminofinance

Read our detailed guide about Kamino Finance and the two airdrops it is involved: What is Kamino Finance? A Protocol Involved in Two Airdrops

Zeta Market

Zeta Market (https://www.zeta.markets/) is a decentralized exchange (DEX) that claims to offer the speed and user experience of a centralized exchange (CEX) while providing full self-custody and transparency for users by running on a public blockchain network.

April 2024 Update
Status	Confirmed (Z-Score Season 2 is ongoing)
Reason for Airdrop	$ZETA launch
Tasks to Join	– Open Maker and Taker Order Type – Sustain high PNL
Airdrop Website	https://docs.zeta.markets/z-score/z-score-season-2
Other Airdrop Campaign Info	– Just like in Season 1, the more volume you trade, the more your Z-Score goes up. However, in Season 2, both Maker & Taker volume counts towards your Z-Score. – Only those ranked within the top 100 on the $ PnL leaderboard are eligible for a score multiplier.
Socials (for Update)	https://twitter.com/ZetaMarketshttps://discord.com/invite/Xn9HCJaDZd

Read our detailed guide about Zeta Market: Zeta Market Airdrop Guide and Strategy

Parcl

Parcl (https://www.parcl.co/) is another Solana-based, perpetual futures trading-focused DEX that supports cross margin perpetual trading on real estate markets. 

Parcl April  2024 Update
Status	Confirmed (Season 3 points system is ongoing)
Reason for Airdrop	$PRCL launch in April 2024 (Note: No official confirmation yet if the token launch will push through this month)
Tasks to Join	– Provide liquidity – Open position
Other Airdrop Campaign Info	– 1 Point is earned, per day, for every 1 $USDC of initial open interest. – Depositing LP capital earns 3 Points per 1 $USDC deposited into the Parcl liquidity pool, per day.
Airdrop Website	https://app.parcl.co/points
Socials (for Update)	– https://twitter.com/parcl – https://discord.com/invite/parcl

Read more: Solana DEX Parcl Airdrop Confirmed

Magic Eden

Magic Eden (https://magiceden.io/) is an NFT marketplace that allows users to mint, sell, and auction their NFTs. 

March 2024 Update
Status	Confirmed (Has a lifetime rewards system)
Reason for Airdrop	Promote platform
Tasks to Join	– Buy NFTs – List NFTsCreate collection offer
Airdrop Website	https://magiceden.io/rewards
Socials (for Update)	https://twitter.com/MagicEden https://discord.com/invite/magiceden

Read more: Magic Eden Rewards Program and $NFT Airdrop Guide

BackPack

BackPack (https://backpack.app/) is the first known wallet for xNFTs. Users can swap tokens, trade NFTs, message apps, and connect it to Ledger. 

April 2024 Update
Status	Confirmed (Has an active leaderboard)
Reason for Airdrop	Promote platform
Tasks to Join	– Execute trades – Secure high profits – Consistently trade
Airdrop Website	https://backpack.exchange/
Socials (for Update)	https://twitter.com/Backpack https://discord.com/invite/backpack

Read our Backpack Airdrop Guide: Backpack Airdrop Guide and Wallet Details on Solana

Mayan Finance

Mayan Finance (https://mayan.finance/) is a cross-chain swap auction protocol. Its goal is to offer the best possible swap rates on Solana for any trade using an auction mechanism.

Mayan Finance Airdrop April 2024 Update
Status	Community speculation ‘(Referral program to be activated this quarter)
Reason for Airdrop	It still has no native token.
Tasks to Join	Execute swapsJoin a guild at https://guild.xyz/mayan-finance
Other Airdrop Campaign Info	Mayan has inclusive events for guild members, showing a mini-airdrop event.
Airdrop Website	https://swap.mayan.finance/
Socials (for Update)	https://twitter.com/mayanfinancehttps://discord.com/invite/h5HUzkqrXK

Banx

Banx (https://banx.gg/) is a P2P NFT lending protocol that claims to have lower loan-to-value ratios, lower liquidation risk, and low-interest rates.

April 2024 Update
Status	Confirmed (A leaderboard system is ongoing. Now on its Season 3.)
Reason for Airdrop	Collaboration with Anybodies, an NFT tool platform, which will give away $BONK
Tasks to Join	– Lend – Borrow
Other Airdrop Campaign Info	The volume and the duration of the loan matter, more volume and longer loans mean more points.
Airdrop Website	https://banx.gg/leaderboard
Socials (for Update)	https://twitter.com/banx_gg

Grass

With a promise of a passive income, Grass (https://www.getgrass.io/) is a network that allows users to sell their bandwidth to corporations and institutions. 

Past List of Potential Solana Airdrops

Grass

With a promise of a passive income, Grass (https://www.getgrass.io/) is a network that allows users to sell their bandwidth to corporations and institutions. 

April 2024 Update
Status	Confirmed (A points system is ongoing)
Reason for Airdrop	Platform engagement
Tasks to Join	Refer new users
Other Airdrop Campaign Info	– The only way to get points is through referring new users.  – Grass is also now in its incentivized beta version, which means that those who use the platform during this time can also accumulate points.
Airdrop Website	https://app.getgrass.io/
Socials (for Update)	https://twitter.com/getgrass_io https://discord.com/invite/8NxzRj9ayN

Read our Grass Airdrop Guide here: Grass Airdrop Guide: Earn By Selling Unused Bandwidth

marginfi

(Read more: Marginfi Airdrop Guide, Strategy, and Points System Explained)

marginfi (https://www.marginfi.com/) is a decentralized lending protocol offering sophisticated risk management and transparency.

April 2024 Update
Status	Confirmed (A points system is ongoing)
Reason for Airdrop	Platform engagement
Tasks to Join	Lend Borrow Refer
Other Airdrop Campaign Info	No other details have been released yet until when will this campaign exist.
Airdrop Website	https://app.marginfi.com/points
Socials (for Update)	https://discord.com/invite/mrgnhttps://twitter.com/marginfi

Drift Protocol

(Read more: Potential Drift Protocol Airdrop Guide | Solana-based DEX)

The Drift Protocol (https://www.drift.trade/) is a perpetual DEX, which allows users to trade perpetual contracts, which are agreements to buy or sell an asset at the current price, without an expiration date.

April 2024 Update
Status	Confirmed (A points system is ongoing)
Reason for Airdrop	Platform engagement
Tasks to Join	– Execute spot trading – Execute perpetual trading – Provide liquidity on the orderbook
Other Airdrop Campaign Info	Drift also has a weekly prize draw for its points system participants.
Airdrop Website	https://app.drift.trade/points
Socials (for Update)	https://twitter.com/JupiterExchange https://discord.com/invite/jup

SMOG

SMOG (https://smogtoken.com/) is a memecoin that claims to host the biggest airdrop campaign in the Solana ecosystem. 

April 2024 Update
Status	Confirmed
Reason for Airdrop	Token launch
Tasks to Join	Stake $SMOGComplete Zealy Quests at https://zealy.io/cw/smogtokenairdrop/questboard
Other Airdrop Campaign Info	Buying, holding, and staking $SMOG is enough to qualify for the airdrop. A points system will be followed.
Airdrop Website	https://smogtoken.com/en
Socials (for Update)	https://twitter.com/SMOGToken https://t.me/SMOGToken https://t.me/SMOGToken

This article is published on BitPinas: Ultimate Guide to Solana Airdrops 2023 – 2024

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