ZKsync has arrived, where will the next stop be for the airdrop hunter? As a public chain with a total financing of 350 million US dollars, Aptos Eco TVL ranks among the top 5 protocols, with 4 of them yet to be issued. This article takes stock of the main potential projects in the ecosystem and provides detailed interaction paths.
(Prior reminder: Attention! Aptos mainnet crashed for more than 7 hours, exchanges warned not to deposit or withdraw $APT)
(Background supplement: Aptos collaborates with Microsoft to “develop AI robots”, exploring CBDC, asset tokenization.. APT jumps 18%)
Table of Contents:
Potential Projects
Aries Markets
Amnis Finance
LiquidSwap
Cellana
Interaction Path 1
Interaction Path 2
Aptos public chain was built by some members of Facebook’s former blockchain team Diem, raising a total of 350 million US dollars. After a major airdrop on the testnet, the Aptos mainnet has been online for more than a year and a half, and the ecosystem projects are becoming increasingly mature, but most of them have not been issued. How to layout to maximize the revenue of interacting with the Aptos ecosystem? This article takes stock of the main potential projects in the ecosystem and provides detailed interaction paths.
Top 5 protocols in Aptos Eco TVL, only Thala has issued tokens (Image: DefiLlama)
Aries Markets is the largest lending protocol on Aptos TVL and also the largest protocol in all categories. It is eligible for incentive activities from the Aptos Foundation. Currently, users can get APT token subsidies for borrowing zUSDT and zUSDC (USDT and USDC entered by LayerZero) in the protocol, with considerable interest rates. Apart from receiving airdrops, it is also a good place for daily deposits and loans.
Aries Markets has launched a points system, where depositing one dollar of assets earns 1 point daily, while lending one dollar of assets earns 3 points daily. The participation method is simple: to receive Aries airdrops, you need to first register on the points page, link your X (Twitter) account, and then participate in the protocol deposit.
Registering with an invitation code gives a 10% score bonus. After linking the account and setting it correctly, the page will look like the following:
Since airdrops are based on points and enabling the points system requires linking the X account to filter out bots, it is recommended to use appropriate punctuation. Excessive punctuation for low guarantees seems to be meaningless.
Amnis Finance is a liquidity staking protocol on APT, where users can exchange APT 1:1 for amAPT that can be redeemed equivalently (after a month, or directly exchanged back at a discount of about 1% on DEX), and further stake to earn staking rewards simultaneously accumulating staking rewards like wstETH.
Amnis Finance’s retroactive airdrop activity is ongoing, with participation methods including: minting amAPT, staking stAPT, accumulating 1 point for every APT, holding amAPT or stAPT in the wallet to generate points hourly, with a total of 1 point per APT per month. Providing amAPT-APT liquidity on Pancake Swap or LiquidSwap has a 3.5x multiplier compared to simply holding in the wallet. Lending stAPT to Aries Markets or other lending protocols has a 1.2x point multiplier. (At the same time, Aries also has point bonuses for stAPT)
Various ways to participate in Amnis Finance.
LiquidSwap is the first DEX on Aptos, with its project side Pontem Lumio having raised 10.5 million US dollars from well-known capital firms such as Mechanism, Lightspeed, Faction, and Aptos Foundation. It also supports Move language and is the developer of Ethereum L2 Lumio and Aptos ecosystem wallet Pontem. In other words, interacting with LiquidSwap airdrops may also receive airdrops from potential projects like Lumio.
LiquidSwap has also launched an airdrop registration page, which requires registration before participating in the airdrop activity. In addition to an Aptos address, you can also connect an EVM address and a Solana address.
Its airdrop page emphasizes that trading activities on LiquidSwap will affect the specifications of the airdrop received. The official has set the following trading volume tiers: 1-20$ – coke, 20-50$ – socks, 50-300$ – ledger, 300 – 3000$ – Ticket to NBA, 3000 – 6000$ – Vision pro, 6000 – 30000$ – Vacation in the Bahamas, 30000 – 100000$ – Cybertruck, 100000 – 10000000$ – House. You can view your trading volume and tier level on the Dashboard page on LiquidSwap. You can also see the amount of liquidity provided, total number of transactions, whether you are an official NFT holder (expensive, not recommended to purchase for airdrops), and the amount of MEME held.
After providing liquidity in LiquidSwap’s Pool, you can further stake in the Farm to earn incentives in APT and other tokens, with decent returns as well.
LiquidSwap’s Farm page.
Cellana is the largest Ve(3,3) model DEX on Aptos, which has already conducted token airdrops, with further airdrop expectations. If you have played DeFi in the Aptos ecosystem before February 25 this year, or crossed over to Aptos through LayerZero from January 1 to February 25, visit this page to check if you qualify for the airdrop.
Cellana’s airdrop is distributed in the form of veCELL NFT, which cannot be sold immediately and requires two years to fully unlock. However, it can be traded on the NFT secondary market, while also earning a 40% annualized voting reward weekly.
Cellana previously conducted the first round of the second-phase airdrop, which was given to liquidity providers. The returns on LPs on Cellana itself are also high and worth a try.
Mint stAPT and deposit in Aries Markets, borrow APT. Exchange about half of APT for amAPT through LiquidSwap, provide amAPT-APT liquidity on LiquidSwap. Deposit zUSDT/zUSDC in Aries Markets, borrow zUSDC/zUSDT, exchange half of the borrowed stablecoin for another stablecoin on LiquidSwap, form a stablecoin pair LP and deposit in Cellana.
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