Sui airdrop is a permissionless layer 1 blockchain with unbeatable speed, cost-effectiveness, and smart functionality that supports all kinds of application development.
More than 85 projects have been developed on the Sui airdrop mainnet, and the most significant part is that between 70 and 80 percent of them will be airdropping! You may be able to receive 5 airdrops in 1 by using our staking guide for Sui’s $SUI tokens! This is our airdrop guide for staking on the Sui environment!
Table of Contents
Read More: What are Crypto Airdrops?
What is Sui Airdrop?
Sui airdrop is an outstanding Layer 1 blockchain and smart contract platform that combines Web3 features and Web2 usability. These are some of its characteristics:
Object-Centric Design:
Sui airdrop uses objects as its primary data storage unit, in comparison to the majority of other blockchains that use accounts. These programmable objects, which represent user-level assets, are created and managed by developers.
Fast and Scalable:
Sui airdrop processes transactions significantly faster than its rivals using parallel transaction execution and the Move language.
Permissionless and Private:
Sui airdrop environment is accessible to developers without authorization, enabling them to create without limitations. In terms of digital asset ownership, privacy and security are given top priority.
Growing Ecosystem:
Approximately 85 projects have been developed on the Sui airdrop mainnet!
Developer Resources and Grants:
Sui airdrop provides documentation, training, a bug bounty program, and a developer portal.
Innovative Standards and Protocols:
Sui’s open, private, and user-friendly trading platforms are improved with zkLogin, Display, and Kiosk.
Web2 Service Partnerships:
Integration with zero-knowledge proofs and known identities for on-chain accounts through Google, GitHub, and Microsoft.
How to stake Sui Airdrop for ecosystem airdrops
This is how to
- Get a Sui wallet
Sui and its ecosystem are supported by roughly five to six wallets, including Sui’s own Sui wallet, Martian wallet, Suiet wallet, and Surf wallet. Since most of the protocols we use in this guide will only connect to Sui wallet, we prefer to utilize Sui Wallet.
- Fund wallet with SUI tokens
Use SUI tokens to fund your wallet. To obtain the airdrops, we will be staking the Sui ecosystem with 600 SUI. Major exchanges like Bybit and MEXC.
- Stake on Volo
Sui’s liquid stacking platform is Volo, which offers vSUI as staking rewards. Connect your wallet to Click here in order to stake SUI on Volo. After that, click “Stake” after entering the desired amount to stake.
- Stake SUI on Haedal
Staking SUI for haSUI rewards is possible with Haedal, a liquid staking protocol based on Sui. Once in the Sui ecosystem, haSUI tokens can be utilized in a variety of DeFi apps. Connect your wallet to Click Here in order to stake on Haedal. After that, click “Stake” after entering the desired amount to stake. After that, click “Stake” after entering the desired amount to stake. Although Haedal has not officially stated that they will conduct an airdrop, we believe there is a possibility they will.
- Lend and Borrow on Scallop Protocol
Link or connect to Click Here.
- Complete quests on Scallop Protocol’s Zealy
Visit the Scallop Protocol’s Zealy quest page and finish the tasks which include quizzes, social tasks, and on-chain tasks.
Here are the answers for Scallop Protocol’s Zealy quiz: B (Scallop is the pioneering Next Generation peer-to-peer Money Market for the Sui ecosystem), C (250,000,000 SCA), A (Lending and borrowing Dapp), A (Kriss and Ann), A (Yes), B (Rust), D (Ottersec and Movebit), A (1st place), C (3rd place), A (True), B (Two), B (Linear static model), C (liquidation mechanism), E (Arrow Capital), C (Move (Base on rust), A (BUSD).
- BONUS: Delegate SUI to validators
Give validators access to your SUI tokens. We want to assign 300 SUI, or half of our SUI, to validators. However, due to its centralization, we will not assign our SUI to any exchanges. Rather, choose any validators that include the words “node” or “staking” in their name. Additionally, since projects might only reward those that stake with validators outside the top 20, we would stay clear of any validators who currently have a large amount of SUI staked.
We were unable to locate any nodes by projects that would be conducting their own airdrop, in contrast to injective staking. Thus, the sole goal of staking SUI with validators in this case is to obtain APR with a minimal commission and possibly an airdrop. Note that since each project determines its own qualifying requirements, there is no certainty that it will provide airdrops for staking. We do observe, though, that providing airdrop rewards for native staking is a major trend in the Cosmos ecosystem.
Final Outcome About SUI Airdrop
Hence, the Sui token staking ecosystem offers a profitable chance to maybe win several airdrops while enhancing the security and decentralization of the network. Through the process of staking SUI tokens on many platforms such as Volo, Haedal, Scallop Protocol, and assigning tokens to validators, players can earn rewards and have the opportunity to get extra tokens by airdrops. It’s necessary to remember that eligibility for airdrops depends on specific project requirements.