Analysis of Airdrop Opportunities in the Cosmos Ecosystem

The Cosmos ecosystem is becoming one of the focal points for crypto investors. Similar to Solana, the Cosmos ecosystem has also seen a surge of high-yield projects such as Celestia, Injective, Neutron, and Sei. Recently, some popular projects like Dymension and Altlayer have conducted airdrop rewards for Cosmos ecosystem stakers. It is worth noting that Celestia has also allocated 20 million TIA to stakers of Cosmos Hub and Osmosis, as well as IBC relayers.

In addition to participating in staking Cosmos ecosystem tokens, interacting with the protocol testnet is also an important way to gain airdrop opportunities.

Potential Airdrop Opportunities

Polymer Public Chain

Polymer Labs is a modular network protocol built on IBC, designed to achieve a decentralized, secure, and permissionless cross-chain network. The project completed a $3.6 million seed round financing in March 2022 and partnered with Celestial in April of the same year to bring IBC into Optimistic rollups.

Berachain public chain

Berachain is an EVM-compatible Layer 1 blockchain built on the Cosmos SDK, utilizing the Proof of Liquidity consensus mechanism. The project has launched its testnet and completed a funding round of 42 million USD in April 2023.

SquidSquid cross-chain trading and liquidity routing protocol

SquidSquid completed a strategic financing of 4 million USD in February 2024, with participation from several well-known investment institutions.

Noble Cosmos Ecological Application Chain

Noble is an application chain built for the issuance of native assets for the Cosmos and IBC ecosystems. Its developer company NASD completed a seed round financing of $3.3 million in October 2023.

Initia Public Chain

Initia is an L1 on Cosmos, utilizing the MoveVM computing framework based on the Move smart contract language. The project received funding support from a certain trading platform's lab in October 2023.

Fairblock Privacy Public Chain

Fairblock is built using the Cosmos SDK, aiming to achieve conditional decryption and pre-execution privacy. The project completed a $2.5 million pre-seed funding round in October 2023.

Tabi Chain Game Public Chain

Tabi Chain is a game blockchain with EVM compatibility, set to launch on Cosmos in 2024. The project completed a $10 million angel round financing in May 2023.

Eclipse Modular Settlement Layer

Eclipse is a modular settlement layer that supports multiple virtual machines and data availability layers. The project completed a total funding of 15 million USD in 2022.

EigenLayer Ethereum Re-Staking Protocol

EigenLabs, the developer of EigenLayer, completed a $50 million Series A funding round in March 2023, having previously secured $14.5 million in seed funding.

Wormhole Cross-Chain Bridge

Wormhole recently announced its ZK roadmap, planning to integrate ZK light clients for multiple blockchains in the coming months. The project completed a $225 million funding round in November 2023 with a valuation of $2.5 billion.

Participation Strategy

Most projects do not have specific requirements for the number of staked tokens, but there are some exceptions. For example, Dymension requires at least 1 ATOM to be staked before the deadline or 1 staked on Stride, while OSMO requires at least 10 to be staked. The Saga Airdrop has higher requirements for the staking quantity of ATOM and TIA.

To maximize the chances of receiving an Airdrop, it is recommended:

1. Staking multiple tokens
2. Increase the staking amount as much as possible
3. Actively participate in governance voting activities

Staking Platform

The main staking platforms can be divided into three categories:

1. Wallet Staking
2. Eco-Liquidity Platform Staking
3. Staking on the official protocol website

ATOM

You can choose Keplr wallet, Leap wallet, or liquid staking protocols like Stride or StaFi.

TIA

You can choose Keplr, Leap, or Stride.

DYDX

You can choose Keplr, Leap, Stride, or dYdX Chain V4 official website.

OSMO

You can choose Keplr, Leap, Stride, or the official Osmosis website.

INJ

You can choose Keplr, Leap, Stride or Injective official website.

By carefully selecting staking platforms and strategies, investors can maximize their potential airdrop opportunities in the Cosmos ecosystem.