8 Promising Solana Airdrops to Watch in 2024

As Bitcoin rallies through US election season, the surge is lifting altcoins along with it, and airdrops are drawing in investors looking for early-stage projects with minimal entry costs. For those in the Solana ecosystem, some new airdrops stand out for their low-barrier participation and strong growth potential. We explore eight notable Solana airdrops, highlighting their unique rewards and how to qualify.

Key Takeaways

• Early Access to Solana Protocols: Solana's ecosystem provides airdrops with a variety of rewards, including protocol tokens for engaging in community and liquidity tasks.
• Low Investment, High Rewards: Solana airdrops offer low-entry investments for community members who actively participate, stake, and engage with protocols.
• Active Participation Benefits: Success in these airdrops depends on community involvement—staking, providing liquidity, and using platform features all improve chances of earning rewards.

1. Switchboard: Plug into the On-Chain Economy

Switchboard airdrop participants can earn ORBs by supplying liquidity to partner projects or completing quests. With partnerships like Monad, rewards for ORBs are slated to be valuable. Regular use of partner protocols and community engagement on Discord can further boost airdrop chances.

2. Stabble: Frictionless Liquidity on Solana

Stabble, Solana’s liquidity layer, offers points that can be converted to airdrop tokens by completing swaps, managing pools, and giving feedback. Seasoned DeFi users who contribute to Stabble’s development stand to earn significant rewards in the upcoming TGE.

3. Kamino Finance: Concentrated Liquidity Layer

Kamino Finance provides airdrops through its lending and borrowing features. Users who engage in activities like vault management and DeFi strategy execution will earn points redeemable for KMNO tokens in the current season.

4. Dawn: A Decentralized Internet Service

Dawn allows users to sell internet capacity locally. Although the airdrop remains unconfirmed, those who install the validator extension and make referrals can earn points that may be converted to an airdrop when launched.

5. Cube: Cross-Chain Experience and Web3 Infrastructure

Cube is gearing up for its mainnet and token launch in 2025. Early adopters can earn rewards by holding deposits and collecting points from “Loot Boxes” distributed weekly.

6. Solayer: Solana’s Restaking Network

Solayer’s mainnet has launched, with users positioned for future token rewards. Participation requires deposits of native SOL, staking, and community referrals.

7. Flash Trade: Earn through Trading and Liquidity Pools

Flash Trade is expected to release its FAF token soon. NFT holders of Flash Trade are eligible for rewards, while participants can also boost their rewards by maintaining liquidity and trading actively.

8. The Vault: Aligning Financial and Social Stakes

The Vault allows users to earn points for future token redemption by staking SOL or providing liquidity. With an expected token launch in 2025, those staking in the Saber SOL-vSOL pool can secure a position for potential future rewards.

Frequently Asked Questions

1. How can I participate in Solana airdrops?
To participate, engage with the protocols, complete tasks such as staking, referrals, and liquidity provision. Each airdrop has specific requirements for qualification.

2. Are airdrop rewards guaranteed?
Not all airdrops are confirmed; some require specific community engagement to earn points that may be redeemable once tokens are officially distributed.

3. Which Solana airdrops have the highest reward potential?
Switchboard, Kamino, and Stabble have significant reward structures in place, but each airdrop's reward potential is dependent on user participation and the total points accumulated.