GM Opportunities #10
GM Opportunities #10
Gm with Actual Farming & Shitcoining Opportunities, From Shittiest of Memecoins to Proper Farming Opportunities, Delivered to You On a Weekly Basis
Welcome to the Ninth Episode of GM Opportunities
In this Weekly Series, you’ll find actual alpha that you can take advantage of, beyond the bits and pieces of alpha that you’ll find on the Daily GM Digest
We are well aware of the recent surge in point campaigns within DeFi, and we understand that not everyone is enthusiastic about it. However, we believe that there are certain campaigns that deserve our attention. Therefore, we have compiled a selection of protocols that have recently launched their points campaigns. It's as good a time as any to start farming these
Drift Points
• @DriftProtocol announced Drift Points—a program that rewards traders and market makers based on their activity
• This program considers historical user engagement, and mark your calendars—the first weekly points distribution is set for Feb 2
• To maintain fairness and integrity, the methodology behind the points system will be revealed at the conclusion of the 3-month program, ensuring that gamification is prevented
• That implies that we will need to wait until points begin to accumulate before we see profitable point farming strategies start to emerge
• Looking ahead, Drift has set its sights on becoming the ultimate perpetual futures exchange on Solana. By 2024, their plan is to transition into a fully decentralized network
https://app.drift.trade/
Contango Points
• @Contango_xyz announced that they implemented their own points system. They aim to incentivize users for their active involvement over a duration of two months
• These points can be earned through activities such as trading, engaging in social activities like tweeting and writing articles, as well as providing valuable product feedback
• Contango has already retroactively allocated a staggering 21M+ points based on a range of activities, including trading on the V1 and V2 platforms, as well as successfully completing Galxe campaigns
• To encourage healthy competition, Contango plans to distribute points on a weekly basis, specifically on Wednesdays. In the near future, they plan a dashboard and leaderboard that will provide additional insights
• It is crucial to note that these points are a prelude to Contango's token launch scheduled for 2024. If you are bullish on Contango you have 2 months to accumulate those points
https://app.contango.xyz/
Rabby Points
• Last week @Rabby_io introduced Rabby Points. For those who may not be familiar, Rabby is a Web3 wallet that offers superior UI/UX and security features in comparison to MetaMask
• The initial distribution of points is based on wallet balances at snapshot date. All EVM wallets are included
• From now on, users can earn ongoing points daily for simple on-chain actions done with Rabby
• Additionally, there are bonus points if you import your MetaMask wallet, and another bonus if you used MetaMask Swap in the last 12 months
• Since Rabby and DeBank are from the same team, it might be wise to claims some badges on DeBank just in case they offer some kind of boost on points down the line
https://rabby.io/
GammaSwap Points
• @GammaSwapLabs introduced the Points Program to measure user contributions before token-based incentive are live
• Users earn points through liquidity provision, borrowing, and referrals. Borrowers earn 2x points compared to liquidity providers
• Referrals, set to go live soon, allow users to earn 10% of points from those they refer
• Retroactive point rewards are provided based on Galxe NFT participation and Alpha Mainnet interaction. Point multipliers, obtained from Alpha Mainnet and Testnet NFTs, last perpetually, and additional temporary multipliers for promotions are expected
https://app.gammaswap.com/
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*