Analysis of Airdrop Opportunities in the Cosmos Ecosystem

In the public chain ecosystem, Solana and Cosmos have attracted much attention due to their strong wealth effect. The Solana ecosystem has seen the emergence of multiple successful MEME tokens and DeFi projects, bringing substantial returns to participants. Similarly, the Cosmos ecosystem has also seen a batch of high-return projects, such as Celestia, Injective, Neutron, and Sei. Recently, some popular projects like Dymension and Altlayer provided airdrop rewards to stakers in the Cosmos ecosystem, with Celestia allocating 20 million TIA to stakers of Cosmos Hub and Osmosis, as well as IBC relayers.

It is worth noting that, in addition to participating in staking Cosmos ecosystem tokens, actively participating in the protocol testnet interactions is also an important way to obtain potential Airdrop.

Potential Airdrop Opportunities

Polymer Public Chain

Polymer Labs is a modular network protocol built on IBC, dedicated to achieving a decentralized, secure, and permissionless cross-chain network. The project completed a $3.6 million seed round financing in March 2022 and, in April of the same year, partnered with Celestial to introduce 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 $42 million funding round in April 2023, supported by several renowned investment institutions.

SquidSquid cross-chain trading and liquidity routing protocol

SquidSquid completed a $4 million strategic financing in February 2024, supported by multiple investment institutions including Polychain Capital.

Noble Cosmos Ecological Application Chain

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

Initia Public Chain

Initia is an L1 on Cosmos. Although developed using the Cosmos SDK, it utilizes the MoveVM computing framework based on the Move smart contract language. The project received funding support from the investment department of a certain trading platform in October 2023.

Fairblock Privacy Public Chain

Fairblock is built using the Cosmos SDK and aims 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 (formerly Treasureland) plans to launch the EVM-compatible gaming blockchain Tabi Chain on Cosmos. The project completed a $10 million angel round of financing in May 2023, supported by several well-known institutions and individual investors.

Eclipse Modular Settlement Layer

Eclipse is a modular settlement layer that supports multiple execution environments and DA layers. The project has completed two rounds of financing totaling $15 million.

EigenLayer Ethereum Re-Staking Protocol

The developer of EigenLayer, EigenLabs, completed a $50 million Series A funding round in March 2023, having previously raised $14.5 million in seed funding. Participating in the staking of Cosmos ecosystem tokens may provide an opportunity to receive its Airdrop share.

Wormhole Cross-Chain Bridge

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

Participation Strategy

Most projects do not have specific requirements for the number of staked tokens, but some projects like Dymension and Saga set a minimum staking amount. To maximize your chances of receiving an Airdrop, it is recommended to adopt the following strategies:

1. Multiple tokens participate in staking, maximizing the amount staked.
2. Actively participate in governance voting activities
3. Follow and participate in the project's testnet

Staking Platform

The staking platforms in the Cosmos ecosystem are mainly divided into three categories:

1. Wallet Staking: Keplr Wallet, Leap Wallet
2. Staking on ecological liquidity platforms: Stride, StaFi
3. Staking on the official protocol website: such as dYdX Chain V4 official website, Osmosis official website, Injective official website, etc.

The staking platforms available for different tokens may vary slightly. It is recommended to choose a suitable platform for staking based on personal needs and security considerations.