The Solana blockchain has a history of many airdrop events. Many decentralized applications and tokens based on the Solana ecosystem have already airdropped their tokens; many are yet to come.
This article will guide you through the upcoming Solana airdrops, how to ensure your eligibility and claim the tokens on the native platform.
Upcoming Solana Airdrops
Airdrops of the following Solana-based cryptocurrency platforms are expected to happen soon.
1. Zeta Airdrop
Zeta airdrop is an airdrop of a Solana-based token that is expected to come out shortly.
Zeta is a popular derivatives exchange on Solana. The platform concentrates on the trading of perpetual futures.
The native token of Zeta, ZEX, is an important part of the development and governance of the platform. The token holders can vote to decide on the perpetual futures that they wish to be traded on the platform.
10% of the total supply of ZEX tokens will be allocated to the users through airdrops. The airdrop is divided into two stages; 8% of the tokens are distributed in stage 1 and the remaining 2% is distributed in stage 2. The utility of ZEX tokens is given below.
- Governance: ZEX token holders are empowered to oversee the governance of the Zeta platform.
- Staking: You can stake the ZEX tokens for up to 4 years to earn increased rewards.
- Incentives: ZEX tokens are also used to incentivize traders who work to add liquidity to the Zeta platform.
The Zeta airdrops checker, the official channel to check the number of Zeta tokens you are eligible to claim, is live from June 10, 2024, on the official website.
If you have gained enough z-scores to qualify for the airdrop, you can directly check the number of tokens you are eligible to receive on the official website.
2. Drift Airdrop
Drift is a decentralized exchange (DEX) built on the Solana blockchain ecosystem. Perpetual trading and spot trading options are available on the platform.
The airdrop of the DRIFT tokens is expected to happen soon. Investors interested in this platform can ensure their claiming of the tokens to get involved in its governance.
The Drift airdrop eligibility checker has gone live on the official website from May 16, 2024.
If you are awaiting the airdrop of DRIFT tokens, you can go to the official website and check the number of tokens you are eligible to claim. Eligibility for the Drift perpetual swaps is based on these criteria.
- 64% of the Drift airdrop tokens are set aside for users who have engaged with Drift v2 before January 22, 2024.
- 30% of the Drift tokens are assigned to the Drift Trader Points program participants who have engaged with the platform before April 18. 2024.
- 5.5% of the tokens are allocated to the early drifters who have used v1 of Drift.
- The remaining 0.5% of the tokens are set aside for Drift Keepers, i.e., stakeholders who have maintained the order book to facilitate faster transactions.
3. Sanctum Airdrop
Sanctum is a platform native to the Solana blockchain; it promotes liquid staking tokens (LSTs).
The holders of the native $CLOUD tokens will qualify for the Sanctum Verified Partner program. The $CLOUD token airdrop eligibility checker is active from July 16, 2024.
The total supply of 1 billion CLOUD tokens is distributed in the following ratio for various uses.
- Community Reserve: 30%
- Team: 25%
- Investors: 13%
- Reserve: 13%
- Launch Airdrop: 10%
- LFG Launch: 8%
- LFG (Jup): 1%
To make yourself eligible to receive CLOUD tokens during the Sanctum airdrop, you have to participate in the activities of the Sanctum wonderland and earn EXP.
The number of CLOUD tokens airdropped will be proportionate to the number of EXP you collect.
How To Claim Solana-based Tokens during Airdrops?
There are different steps to be followed to claim your airdrop tokens. The process is similar for all Solana-based tokens, which is discussed in detail here.
Ensure your eligibility: To confirm eligibility for various Solana-based airdrop events, you should regularly participate in the activities and tasks assigned on the platform and stay tuned to their social media pages for timely updates. The eligibility will be decided based on the points you gain on a native platform.
Connect a wallet: Once you are sure about the chances of winning the airdrop of a Solana-based token, you should connect a suitable cryptocurrency wallet to the official website of the token to receive the airdrop directly on your account.
Join the Community: To stay updated with the various trends and developments on each platform and gain the benefits of community existence, you should join the official social media pages of the platform for which you wish to receive the airdrop.
Stay Active: You should be an active participant in the platform to increase your visibility and chance to warm more tokens on the platform. This will also help you be informed about the various platform updates.
The Bottom Line
Airdrops are an exciting event to claim Solana-based tokens such as Zeta and Drift. Solana is an ecosystem that has a history of many successful airdrop events for various native tokens.
Therefore, you can safely engage with platforms like Zeta, Drift, and Sanctum to claim the airdrop tokens.
However, you should be careful enough to engage with authorized platforms and not share your identification details with any fraudster posing as an authority.
Staying active and engaged with the platform will help you evade fraud and duplication.
