7 Retroactive Airdrops You Can Still Catch

In today’s article, we will explore 7 projects likely to offer retroactive airdrops in the next six months, and it’s not too late to get involved.

Why Are Retroactive Airdrops Resurging?

Many crypto projects refrained from releasing their tokens due to the bearish market trend. Retroactive airdrops are primarily marketing-focused, and in a market lacking liquidity, a project's native coin could debut weakly, resulting in disappointing outcomes for investors.

As of the end of 2023, Bitcoin is trading at around $42,000, with the overall crypto market capitalization at $1.65 trillion. This level marks a one-and-a-half-year peak, but there is still potential for growth. An upswing in Bitcoin’s price will likely lead to a surge in altcoins.

Scroll is an Ethereum Layer-2 network that went live in the mainnet in early October 2023. For context, most networks (like Starknet, Optimism, or Arbitrum) took 1.5 to 2 years post-mainnet launch to issue their native token. During this time, the DeFi ecosystems of these projects expanded, increasing the user base.

Our website has an article about activities on Scroll that could result in a retroactive airdrop. Considering the small TVL and the short time since the Mainnet launch, there is still a minimum of 5–6 months to perform the necessary actions on accounts. 

The situation with zkSync is quite different. Its TVL currently stands at $150 million, and the token launch was announced back in April of this year. At that time, a team member stated that the ZKS coin could be expected approximately a year later. This announcement was made just before the launch of the zkSync Era mainnet.

The betting platform Polymarket gives an 85% chance that the zkSync airdrop will happen before April 30, 2024. Considering that snapshots are usually taken 1.5-2 months before the token listing, users have about 30–50 days left to get involved in time.

Orbiter Finance is a cross-chain bridge, that facilitates the transfer of cryptocurrencies and tokens across various networks. The rising value of BTC has also bolstered the Ethereum blockchain's popularity. Due to this surge, Ethereum's Gwei rate (the fee for transactions) often exceeds 100. This high rate makes using the official bridges from various crypto projects expensive, with costs for transferring funds from Ethereum to Linea ranging from $40 to $70.

Orbiter offers an efficient solution to this challenge. Transferring funds between networks via Orbiter's protocol costs between $3 and $5, significantly lower than the $20 to $30 charged when using native bridges. For over a month, Orbiter has introduced a feature where users accumulate special O-Points for transferring funds. It's anticipated that these points will eventually be convertible into an equivalent amount of the platform's native tokens. 

Aevo is a decentralized platform dedicated to derivatives and options trading. Since September 2023, both the TVL and the user base of Aevo have seen substantial growth: 

A likely criterion for receiving airdrops is obtaining a role in Discord based on activity. This involves depositing over $100 on the platform and actively trading without withdrawing funds. To secure this role, users need to fill out a Google form that appears periodically in the Discord channel.

The remarkable success of Arbitrum One has almost eclipsed its counterpart, Arbitrum Nova. Our website features an insightful article about a potential retroactive airdrop by this project, including a list of necessary actions to qualify.

The Total Value Locked (TVL) in the network is a modest $1.75 million, relatively small when compared to other Layer 2 solutions. However, Arbitrum Nova may still come into its own, particularly in light of the challenges faced by the main Arbitrum blockchain. For instance, Arbitrum One recently experienced a few hours of downtime, unable to process transactions due to a sudden increase in network traffic, which could prompt users to consider migrating to this new network.

The activities on Arbitrum Nova are notably inexpensive, with transaction fees under $0.1. Engaging in a few simple transfers could be a smart move, especially for those eyeing a potential airdrop.

Linea is a Layer 2 solution developed by ConsenSys. This team had also stirred interest with talks of releasing their token for the Metamask wallet, but despite two years since the announcement, the coin is still pending.

Nevertheless, the launch of the Linea token appears more probable. A project team member hinted in a tweet that the token is not trading anywhere yet, but will be soon. This seems to be a clear indication of an upcoming release of their native coin.

The cryptocurrency network guide for Linea on our site remains up-to-date. The Linea DeFi Voyage campaign might also play a role in any future retroactive airdrop, making participation in this activity worthwhile.

Recently, the TVL of the Linea blockchain surpassed $55 million.

Kinza Finance

Kinza Finance is a decentralized platform on the BNB Chain, focusing on liquidity farming and cryptocurrency lending, with a TVL of $12.8 million.

The project's official website features the Airdrop section. To accumulate points, users need to perform transactions with various tokens for deposits and withdrawals. Additionally, the referral program offers a chance to earn more points, which can be beneficial.