Airdrop Hunting for the Whole Aptos Ecosystem

Aptos will be the next ecosystem that we will visit in the series of articles Airdrop Hunting for the entire Aptos ecosystem. Similar to Solana or Sui Network, Aptos is also a Non EVM Blockchain, so the number of Native DApps will be much larger than other ecosystems.

What are you waiting for, everyone, join me to learn about the strategy to hunt Airdrops on the Aptos ecosystem in the most effective way.

Airdrop Hunting for the Whole Aptos Ecosystem

Why Aptos?

There are a few reasons why we choose to hunt for Airdrops across the entire Aptos ecosystem as follows:

• Aptos is a Non EVM Blockchain so the number of Native DApps will be very large so when hunting for Airdrops it will be much more effective.
• Aptos also successfully called for hundreds of millions of dollars with a valuation of billions of dollars at a time when the mainnet network had not yet been launched.
• Aptos once had a huge Airdrop to users but the requirements were extremely simple. This may show that Aptos wants to build an Airdrop culture on its ecosystem similar to the way Solana has been implementing.

I believe that just based on these three factors is enough for us to bring Stablecoin to Skin in the game with the Aptos ecosystem.

Determine goals and criteria

It can be said that entering the Airdrop hunting ecosystem at the present time is very early, so besides the great opportunities for those who open it, there are also many risks in the uncertainty of projects on the system. Aptos ecosystem will have a huge Airdrop like Solana because the number of projects on Aptos successfully calling for capital from VCs is not too many.

Therefore, we need to have clear criteria for selecting projects on the Aptos ecosystem to avoid wandering into projects lacking quality:

• Projects must have products and users.
• Projects must receive support from Aptos such as Grant, Marketing,…
• Projects serve as important pieces in the Aptos ecosystem.
• The projects have called for huge capital from various investment funds.

Make a list of projects that meet the criteria

Based on the above criteria, we will select a list of projects as follows:

Identify action plans and risks

Before going into the details of the Airdrop hunting strategy for the entire Aptos ecosystem, there is one point everyone needs to pay attention to: Aptos is currently implementing events on Galxe and at the time of writing (in week 2). . In there,

• Week 1: Monitor the communication channels of Aptos and mint .apt domains.
• Week 2: Experience DeFi projects on the Aptos ecosystem such as Sushiswap, PancakeSwap, Liquidswap DEX, Econia Labs, Merkle Trade,…

After completing each week, users will receive a reward of Sounbound Token. With the madness of Aptos in the past when users only needed to mint NFT on the Testnet network to receive the Airdrop, who knows what it will be like this time?

Now I will present my detailed strategy as follows:

• Step 1: Transfer money to the Aptos ecosystem. From my perspective, Aptos seems to enthusiastically support LayerZero, so people can use AptosBridge from Layer 2 or Layer 1 to Aptos using LayerZero. Should use Stablecoin.
• Step 2: After everyone brings Stablecoin to Aptos, they divide it in a ratio of 70 – 30. Of which, 70% is deposited into Aries Market and the remaining 30% into Aptin Finance.
• Step 3: In the lending protocol you borrow from APT at a maximum rate of about 40%. The more you borrow, the higher the risk of liquidation.
• Step 4: Bring APT and divide it into 5 parts. Of which, 2 parts are staked on Amnis Finance, 1 part is staked on Totugar and the remaining 2 parts are traded on platforms such as SwapGPT, Gator, Kana.
• Step 5: The amount of LST received is brought back to Lending & Borrowing platforms such as Aries Market and Aptin Finance. Or bring it to Thala to issue Stablecoin MOD and then swap back and forth between Stablecoins on DEXs like SwapGPT, Gator, Kana.
• Step 6: Join the decentralized social network on Aptos, Cred.

People should pay special attention to mortgaging Stablecoins to borrow from Aptos. Aptos prices can fluctuate strongly, which can cause liquidation, so people can borrow about 30 – 40% less. Anyone who wants to borrow more can still borrow more, but they need to closely follow market developments.

Identify a goal as a specific number

Besides determining actions, we also need to have a plan with numbers such as:

• Lending & Borrowing: For Tier 1 platforms, I will set a target of $4,000 total transaction volume and $2,000 for Tier 2 projects.
• DEX: For Tier 1 platforms, I will set a target of $5,000 total trading volume and $3,000 for Tier 2 projects.
• Derivatives: For Tier 1 platforms, I will set a target of $5,000 total trading volume and $3,000 for Tier 2 projects.
• LSD: For LSD platforms, for Tier 1 LSD platforms, my goal is $500 and Tier 2 projects are $300.

The context of the ecosystem on Aptos is quite special when a project doing many different areas like Aries Markets does both Lending and Swap.

Continue to be creative in your own way

I believe that my strategy can still continue to be optimized and developed further, so I hope everyone can rely on this basic strategy.

To be able to develop from a plan like this, people can learn more projects and learn about how they work and then put projects together. How to use leverage to the maximum but also in the safest way.

Summary

And above is my Airdrop strategy on the Aptos ecosystem. Hopefully through this article, everyone can understand more about the topic of airdrop hunting throughout the Aptos ecosystem.