If you’ve followed the cryptocurrency industry for any portion of time greater than a few weeks, you’re probably familiar with Retroactive airdrops. It was just the other week, September 8th to be exact when I was waiting in line at the Walgreens drive-thru pharmacy that I read the dYdX airdrop was worth $100k+. My head hit the steering wheel in disappointment — that could have paid off my student loans. Too bad U.S. users were excluded from the airdrop (thanks regulators). Regardless, it’s a good lesson. Every project will eventually have a token, it’s the way the industry is headed. Therefore, it’s worth interacting with these projects before that day does come. Why? Early users get rewarded, we’ve seen it time and time again. If you don’t have the money to ape — or even build a portfolio for that matter — just start using these things.

“Cryptocurrency airdrops — the act of depositing cryptocurrency in public crypto wallets — are used as a tool for marketing, liquidity creation, and network bootstrapping for many types of blockchain projects” — Cryptopedia

Typically a retroactive airdrop occurs when an existing protocol announces it is rolling out a native token. Those who meet certain criteria, often by performing a trade or contributing to the project before a cutoff date, are rewarded a certain allocation of the token at launch.

Retroactive Overview

Retroactive is the airdrop rewards that projects distribute to their early adopters who interacted with their products at a specific time. Everyone loves free tokens that are distributed by the projects. There are now lots of methods to earn these free tokens, for example, we can retweet, follow social media, give feedback, etc.

In simple terms, users contribute to the project then they might receive retroactive token airdrop in return. The airdrop amount can be worth thousands of dollars but sometimes worthless.

To see how Retroactive can change your position and how to find potential projects that will distribute Retroactive Airdrop rewards, you can refer to this article below.

Projects with high revenue can Airdrop to the community

A project with huge revenue that does not have a token has a very high chance that sooner or later there will be retroactive programs for old users.

Projects with revenue that already have tokens can also have a retroactive program to stimulate users to access the project further.

For Example, 1inch became popular after the end of the first airdrop program. But February 17, 2021, they announced that they will continue to airdrop for Uniswap users.

The fact that projects have revenue but have not had any airdrops also makes many users stay and wait and use their products because the value of each airdrop of projects with revenue is often very high: DYDX, 1Inch, Uniswap…

Projects that may be Retroactive in the near future 2022

Socean

Socean is the stake pool for the Solana system. The purpose of developing Socean stake pool is:

– Discover the value of staked SOL coins for use in the Solana ecosystem

– Improved staking return for users

– Easily monitor and administer staking activity

– Incentivize and reward validators in a reasonable way according to their contributions and transparency

– Increased decentralization and censorship-resistance, no need for Sybil-resistance

Socean will even transform itself into an algorithmic, completely anonymous and data-driven stake pool.

Currently, SOCEAN is conducting a test net. To participate, please follow these steps:

Step 1: To join the Socean project test net, go to the website https://www.socean.fi/app then connect your Phantom, Sollet,…

Step 2: To get started, you need to prepare some SOL in your wallet. Here, I use the Phantom wallet, you connect the wallet and stake to mint scnSOL.

Step 3: Enter the number of SOL you want to stake, then press STAKE.

Ondo Finance

Ondo Finance makes decentralized finance available to anyone, providing users with a choice between downside protection and higher returns. Ondo introduces pooled liquidity with multiple investment classes, making DeFi yields accessible to investors with a wide array of risk preferences. Ondo Finance was founded by Nathan Allman and Pinku Surana, both formerly of Goldman Sachs. The team includes alumni from Facebook, Microsoft, Symbiont, BadgerDAO, private equity funds, hedge funds, and various venture-backed start-ups.

Ondo Finance announced has raised $4M to bring programmable DeFi returns to investors with a wide array of risk preferences. The equity round was led by Pantera Capital with participation from Genesis, Digital Currency Group, CMS, CoinFund, Chapter One, Bixin, Divergence, Protoscale Capital, and The LAO, alongside angel investors such as Stani Kulechov (founder Aave), Josh Hannah (founder Betfair), Richard Ma (founder Quantstamp), Diogo Monica (co-founder Anchorage), and Christy Choi (former Head of Investments at Binance).

Element finance

Element Finance has raised a $32 million Series A round at a $320 million valuation. The company has been building a new DeFi (decentralized finance) protocol on top of the Ethereum blockchain. It lets you earn predictable returns on investments thanks to fixed rates over a predetermined period of time.

Polychain Capital is leading today’s funding round. Other new investors include Republic, Advanced Blockchain, P2P Validator, Rarestone, Ethereal Ventures and their limited partners. Some of the company’s existing investors are investing once again, such as Andreessen Horowitz, Placeholder, A_Capital0 and Scalar Capital. Finally, there’s a long list of DeFi builders who participated in the round.

Element Finance is still relatively new, as the company launched its protocol on the Ethereum mainnet on June 30. But it has been quite successful already as there are currently the equivalent of $180 million in total value-locked.

SlingShot

Slingshot is an AMM DEX decentralized exchange developed on the Polygon network, currently in beta. Slingshot is having a friendly UI/UX interface, allowing users to download transaction history. In addition, Slingshot also has a global chat right on the floor, helping you talk everywhere with strangers.

The team behind Slingshot Finance (formerly DEX.AG), a decentralized trading platform, has raised $15 million in a Series A funding round. Ribbit Capital led the round, with K5 Global, Shrug Capital, The Chainsmokers, Jason Derulo (American singer), Guillaume Pousaz (Checkout.com founder), and Austin Rief (Morning Brew CEO) also participating.

Currently, Slingshot is allowing you to experience and in the future maybe you will receive retroactive from this exchange.

To experience the features on the exchange, you need to prepare a Metamask wallet with Polygon and MATIC, USDC networks added.

Steps to use Slingshot:

Step 1: Access Slingshot: https://slingshot.finance/

Step 2: Connect Slingshot to Metamask Wallet

Step 3: Convert network to Matic (Polygon) Network on Metamask wallet

Step 4: Enter the amount of USDC you want to Swap to MATIC. You enter the USDC number then click Review Order to perform the Swap

DeBank

DeBank is an all-in-one wallet solution that provides all necessary DeFi services such as DeFi portfolio tracking, analysis of decentralized lending protocols, stablecoins, signed trading platform Fund and decentralized exchange, token exchange.

With DeBank, you can easily monitor your portfolio through 569 DeFi protocols on 11 chains including Ethereum, BSC, xDai, Polygon, Fantom, OKExChain, HECO, Arbitrum, Avalanche, Optimism, Celo.

Currently, the project has not issued tokens yet. You can CLICK HERE and experience. Brothers connect wallet and Swap Token. Experience as many blockchain networks as possible.

Symmetry

Symmetry makes it easy to create and invest in custom crypto indices. With Symmetry, users can create their own index, or purchase one created by someone else. Using Symmetry, create a basket of tokens, diversify crypto portfolios, manage risk, and earn passively.

Symmetry has announced the successful closing of our first batch of fundraising with prominent backers, led by AlamedaResearch , Coin98VC, gbvofficial, rarestonecap,ROKCapital,solana,solanians,SolanaNews,solana_daily,SolanaInsiders,Solana_Mates,solanablog, Sola_System

BridgeSplit

BridgeSplit (the NFT Market project on Solana) is the platform for launching and trading NFT derivatives. BridgeSplit will promote the construction and participation of new universes and experiences, opening a new utility model for NFT.

BrigheSplit is launching the infrastructure layer to create interoperability between NFT and DeFi projects.

BridgeSplit’s core product provides a framework for NFT’s utility and market development.

Users can build derivatives as fractions. These NFTs can be traded directly on BridgeSplit. Collection creators and the DeFi protocol can then integrate their projects with the marketplace to enable the creation and further use of these new products.

The first step of this project is to facilitate the creation and trading of segmented and aggregated NFTs.

Currently BridgeSplit is conducting Testnet. To participate, please follow these steps:

• Step 1: Access, connect, go to faucet NFT & SOL (devnet) Here
• Step 2: Connect twitter, verify
• Step 3: Comment sol wallet here to receive airdrop Link Tweet
• Step 4: Try Split feature (Create NFT, sell, auction, …)

TokenSets

TokenSets (also known as Set Protocol) coin is a blockchain protocol built to manage crypto assets in one click. The developer of the Set Labs protocol is led by Injae Yeo.

TokenSets is also a social trading platform where some users can copy trades of professional traders. In return, traders charge a certain percentage on each copied trade. If a trader’s trades are successful in most cases, then the trader can easily collect subscribers and get a steady passive income.

Currently, TokenSets is allowing users to experience the product and potentially retroactive in the future is huge.

You can visit HERE to experience features such as buying and selling tokens, creating your own Set token.

Zapper

Quite similar to Matcha, Zapper Finance is a DeFi aggregator built on 9 blockchains, helping users interact with other DeFi protocols easily. With the gamification mechanism, users can earn XP daily by completing tasks on the platform. The XP can be exchanged for NFTs which have value.

Hedgehog Markets

Similar to Polymarket, Hedgehog Markets is a decentralized platform built on Solana for real-world event predictions. We should participate in the No-Loss Competition organized by Hedgehog Markets to get the potential retroactive token airdrop.

zkSync

zkSync is a scaling solution of the Ethereum blockchain that is built on ZK Rollup Architecture. It has a lower gas fee for transferring ETH or ERC20 tokens as well as supports native layer-2 NFT.

Cozy Finance

Cozy is an open source protocol for Protection Markets. Protection Markets allows you to provide and get protection from predefined conditions such as loss of funds due to smartcontract hacking. Anyone can create and use Protection Markets.

Currently, Cozy is allowing users to experience the product. You can CLICK HERE to experience the features: Borrow, Supply properties on Cozy. For the pros, use the feature to create their own Protection Markets.

Arbitrum

Arbitrum is a Layer 2 scaling solution that solves congestion problems on Ethereum. In particular, layer 2 is a technology or system that runs on Layer 1. They inherit the security from layer 1, and are able to process more transactions, reduce costs and have transaction confirmation speed. faster than Layer

Arbitrum does not currently issue tokens. You can CLICK HERE to experience the product by transferring money through Arbitrum and trying out dApps.

TerraSwap

TerraSwap is a Decentralized Exchange with over $1.2B TVL on Terra that uses the AMM inspired by Uniswap. The project is granted by Terra but users can’t create pools on the platform. Despite operating for a while, TerraSwap has not released its token yet. Therefore, this project is the potential candidate for a retroactive airdrop.

HydraSwap

HydraSwap is a decentralized exchange (DEX) that runs on Solana to provide users with a centralized exchange (CEX) trading experience. Powered by Hydra Market Maker (HMM), HydraSwap is a high-performance AMM focused on maximizing profits for liquidity providers.

The vision of the project is to attract more liquidity to decentralized exchanges and bring a trading experience like centralized exchanges to DeFi users.

HYS is the governance token of HydraSwap. The total supply of HYS is 100 million tokens. HYS is released on Solana. Through a cross-chain bridge, HYS can be swapped for other coins/tokens on BSC such as HECO or ETH. The HYS token distribution plan is as follows:

• Liquidity Mining (liquidity mining): 45%
• Early Investors (initial investors): 11%
• IDO: 0.5%
• Treasury, CEX, AMM Liquidity: 5.5%
• Ecosystem Fund (ecosystem fund): 12%
• Teams: 18%
• Advisory: 8%

Currently, HydraSwap has several Sticker campaigns. You can visit here, connect your wallet, interact to receive HYS tokens.

Wormhold Bridge

Wormhole is a secured bridge between Solana and other top DeFi networks such as Ethereum, BSC and Terra. It enables existing projects, platforms and communities to move their tokens seamlessly onto Solana in order to benefit from the high-performance features offered by the Solana network.

Matcha

Matcha is a DEX aggregator built by 0x protocol in July 2021, focusing on improving the User Interface for the best user experience. When executing trades on the platform, it will find the best price from various DEXs such as Kyber, PancakeSwap, 0x Protocol, etc.

Zerion

Zerion is a decentralized platform that provides users with a DeFi dashboard. The platform helps to discover every asset in the market, trade at the best price and manage the entire DeFi portfolio.

Zerion tracks more than 50 protocols, making it easy to find your tokens, spread across multiple DeFi platforms and Ethereum addresses.

Currently, Zerion is allowing users to experience the product. You can CLICK HERE to try Zerion’s Invest, Exchange and Pool products,…

Zora

Zora is a decentralized protocol where anyone can buy and sell NFT on a permanent basis. Zora has created a series of tools that make it easy for you to start building.

Zora Stack

• NFT Rendering: Tools for rendering NFTs
• ZORA Indexer: Quickly retrieve data related to NFT and zora
• ZDK: A development kit for interacting with ZORA smart contracts.
• Smart Contracts: ZORA’s deployed smart contracts.

Currently, you can CLICK HERE to mint and earn NFTs on Zora.

Saros Finance

Saros Finance is a DeFi suite on Solana that is built by Coin98 Labs. Currently, SarosSwap is available for swapping SPL tokens and other products are under construction. We can swap on the platform to increase the trading volume, contributing to the development of Saros Finance.

Zeta

Zeta Markets is a derivatives protocol that provides a decentralized options product through collateralizing the assets of individuals and institutions through portfolio and order book margin and submission. Automated Market Maker (AMM).

Zeta’s mission is to provide the ecosystem with a safe options platform, for users to invest with the lowest risk and provide opinions on countless market fluctuations.

Zeta Dex is a decentralized exchange built on Solana’s blockchain. Zeta is unleashing the power of DEX derivatives trading by bringing CeFi’s derivatives trading capabilities to DeFi.

To participate in the testnet on Zeta, you need to prepare one of the Phantom, Solflare or Sollet wallets. Then click HERE, connect the wallet and proceed with the transaction.

Hop Protocol

Hop Protocol, an interoperability research group in the Ethereum layer 2 ecosystem, has just launched the first Hop bridge. Currently, Hop Protocol has opened a bridge to Ethereum, Polygon, xDai, Optimism, Arbitrum chains.

The Hop Protocol will be the bridge that locks the tokens that users want to transfer between networks and issues its own “hTokens” for faster and cheaper switching between the two. The hTokens will be destroyed upon redemption.

Hop Protocol will launch an automated market maker (AMM) stableSwap on each supported network to facilitate exchange between hTokens and users’ underlying assets. Hop Protocol pays liquidity providers 0.04% of fees collected from transactions.

Dharma

Dharma is the only Ethereum wallet that makes it possible for users to transfer dollars between their bank accounts and decentralized exchanges like Uniswap seamlessly. Dharma is like Coinbase, but cheaper and has over 100 times the number of tokens. If Coinbase has only 127 tokens, Dharma has 76,493 tokens.

Currently, the project is running Beta 2 on Ethereum and Polygon networks. You can download the app and swap tokens here for a chance to receive Retroactive in the future.

Conclusion

Retroactive airdrop can considerably leverage your investment for the best return but it requires putting a huge effort. Sometimes we did our best to meet the requirements for the airdrop distribution but received nothing. As a result, we can invest in potential airdrop deals that fit us the most.

Best of luck and happy hunting.

Issac

Coincu Ventures