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💥 Monad Airdrop Updates To Do Now In April 💥

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Crypto Currency State

20 days ago

Score: 450

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Executive Summary

The video provides an in-depth update on the Monad airdrop, highlighting key strategies, metrics, and tools for participants. It also briefly touches on updates for other airdrops like Eclipse and Turbo Tap. Here’s a breakdown of the actionable insights:


Monad

  • Core Functionality: Monad is a high-performance blockchain platform aiming to scale Ethereum’s capabilities with parallel execution and low latency.
  • Recent Updates: The testnet has seen explosive growth, with over 125 million wallets active as of April 9th. However, only a small fraction of these wallets exhibit meaningful activity (e.g., 200k wallets with 300+ transactions).
  • Reason to Farm: The low engagement rate (top 3% of wallets have just 16 transactions) suggests high potential for dedicated participants to qualify for rewards.
  • Participation:
    • Use community-built tools like Crypto Wallets X or Layer Hubs to track wallet stats.
    • Diversify interactions (contracts, NFTs, token holdings) to boost eligibility.
    • Acquire testnet tokens via faucets (though many are glitchy) or swap on platforms like Ambient Finance.
    • Engage with NFTs on Magic Eden’s Monad testnet during mint phases for optimal rewards.

Additional Airdrop Updates:

  • Turbo Tap: Token generation event imminent; renewing Dot Turbo domains may offer multipliers.
  • Jumper Exchange: Loyalty pass holders (Level 15+) will receive 0.625% of total desk supply.
  • Walrus (Sui): Season 2 staking ends April 16th.
  • Soneium: OG badge holders should fill out a form for Universe NFT rewards.
  • Wayfinder: Potential airdrop announcement expected soon.

Transcript

all things monad today we're going to be answering the most important questions such as is it even worth farming taking a look at some metrics and most importantly strategies let's dive in so let's take a look at some numbers first this post is over two weeks old however it paints a very clear picture of the hype behind monad at that point there was over 62 million total wallets farming it with 4 million wallets being created every single day at this point we're probably past 100 million however one very encouraging factor is the fact that wallets numbering over 300 transactions at a time was just around 200k whereas just over 100k wallets had over 500 transactions so this is of course very standard very normal to see most of these walls are civil wallets and they will all be disqualified so if you want to guarantee that you're actually going to get some potential guarantee potential monad allocation then of course you want to diversify your debt usage and have as many transactions as possible over a coherent period of time so how do you check your wallet stats there are many community built tools such as this crypto wallets x.com or the layer hubs checker however of course you need to use these at your own risk and maybe don't check all of your wallets on the same site just in case there's some weird tracking anyway monetize and stats you can see here that they have some very straightforward criteria such as activity number of contracts interacted with number of transactions token holding and nft holding and here you can see how you can potentially stay active and just ensure that your score is as high as possible alternatively you also have this layer hub which actually gives you the percentage in which your wallet criteria actually fits in and as you can see i'm not really going too heavily on monet particularly my wallet just had 16 transactions and which is already in top three percent of the wallets which is actually crazy to think about it in the top three million watts so as you can see it is not that difficult to position yourself in the top five to ten percent of monet interactions as of today so if you're farming this one this is actually very very good news so if we're to believe this dashboard that would mean that currently as of making this video april 9th there is just around 125 million wallets currently active on monet testnet now regarding the faucets how to get started so you have many different ways to actually get monet tokens but to be honest most of these are very glitchy and very tricky and usually drip just a tiny amount of mona tokens in the past it was usually the best strategy to simply use layer zero bridge and then swap on ambient finance before the slippage was completely broken however there are many of these that you can use maybe during periods of less activity there's going to be much more funds in the faucet so definitely use this link to find the faucet that makes sense to you of course all the links of everything we talk about are always in the first link of the description of every video also general rule for testnet is to always use burner wallets however in the past the burner walls don't really have any transaction history so it is a very delicate balance if you are willing to risk it and at the end of the day hot wallets should never hold a huge amount of funds anyway but just something to keep in mind most of these dApps are community built so you are taking on a significant amount of smart contract risk and potentially exposing your wallets to hacks and drains that said of course perfect mention is this where toby has posted about a potential three-in-one with this particular application which has since then been suspended on x so doesn't mean it's a scam but you just really have to be very careful with these things and it is always recommended to use a burner wallet and not your actual main airdrop farming wallets so you got your monad tokens let's talk strategies first and the most obvious one is of course the nft strategy you need to go to magic eden monad testnet and here you can find some nfts that you can trade swap buy most importantly most of these collections you should try to catch during the mint phase because otherwise you'll just be paying absurd amount of monad tokens on secondaries and that is not really the way to go so alternatively you can also just follow bleaky on x he is one of the guys in our discord who's been really focused hyper focused on monad over the last couple of weeks and months and he always posts insightful stuff for monad mints hot mains so definitely check him out if you haven't and if you're super serious about farming monad and airdrops in general you simply don't have an excuse not to be a part of a private community where you can discuss strategies in real time with other farmers with other d5d gents and just be ahead of the curve because most of the stuff we talk about in our videos are always discussed in discord before time and you will have access to all information in a typing fashion if you want to join make sure to check the subscriptions page it is always in the first link of the description of every video monthly yearly plans as well as an air tracking application now let's take a look at couple daps first we have the tried and true most straightforward way to actually get transactions on multiple blockchains including abstract and many others and that is the contract deployment using auto finance so this one is as straightforward as it gets you go to their official website you go to deploy tab and here you just select monet testnet you need to of course make sure you have some posted tokens and it's a couple clicks of course if you don't have the monet testnet rabbi is going to add it for you automatically and that is all now regarding some other daps you also have some predictions markets so this is very proven model to actually use on chain because has real world utility and betting platforms are performing really well in general so in this in this case you can bet on nba nfl or baseball mlb so in that case of course you can just explore this depth personally i'm not big on betting but here you can use some of your monet testing tokens to actually get unique interaction and another one which actually has much this much better funding and it's probably the one that might be a little more reputable is this opinion lab so olab here you can also just see it's a predictions market and here you can find many different ways to it's basically polymarket on monad so you can see all the different predictions that we might have such as will monad may not go live in q2 2025 you can see the percentages and what are the odds of actually securing some monet tokens on testnet potentially transitioning to me of course there is a lot more activity to be done on mona testnet and as soon as we get new information regarding a special activity time sensitive we will let you know first in discord and then in youtube videos as well now regarding other ecosystems something to keep in mind is that token generation event for turbo tap is coming very very soon only a couple weeks away and they have also mentioned in the ama that it is worthwhile to renew your dot turbo domain so potentially that could be some kind of multipliers snapshot also confirmed for some time this week now great news comes from jumper if you are a jumper loyalty pass user level 15 or above you have you're going to be receiving 0.625 of total desk supply so another surprise airdrop and make sure to check the jumper exchange profile tab for more information regarding this also if you're still farming walrus or maybe participating in season two walrus was one of the better airdrops on sui so if you're participating in season two you have until april 16th so set for the next seven days you have ability to stake and get more of the lst using the dap and for sonium airdrop farmers if you're holding the sonium og badge make sure to fill out the form for universe one of the more promising nft collections on sonium and if you are farming wayfinder so if you've staked your estralon prime or any other token on their platform make sure to check be on the lookout for tomorrow because maybe we're going to be getting prompt airdrop also very very soon and to wrap everything up i will just leave bleakish thread regarding what every airdrop hunter should know of course we mentioned this many times but airdrops generally lose value as soon as their airdrops so it is generally a great strategy to cash out most of your airdrops even in a bull market he also mentions a little bit how staking is actually very very bad because usually you just don't have enough time to unstake and sell before the token depreciates in value dramatically and the importance of actually staking during a bear market for example how celestia and many other tokens that were airdropped in during the depths of a bear market have actually performed incredibly well and not to mention that we've also had the most rewards from staking these tokens early because of course it is logical that projects will reward users who have supported them during the hardest times and that is a wrap for all the monad updates for today if you like the content make sure to like and subscribe notification zone if you have any questions comments drop them in the comment section below and if you take your game to the next level we're waiting for you in our discord as always thanks for watching and have an amazing day

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Comments2
Duration9:12