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Airdrop Reports

Optimism Quests (OP Airdrop)

Updated: Aug 26, 2024
Published: Oct 21, 2022
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Are you into crypto? If you are, you’ve probably heard of Airdrops. Airdrops are basically free money, and if you haven't been catching them, you’re missing out.

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Think of Airdrops as rewards for being early on a project. To incentivise people to try out their products, projects ask you to carry out a few tasks and reward you with free tokens.

It's a win-win: they get you to test their product, and you get rewarded for your time!

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.


Here are some of the Airdrops we’ve secured over the last couple of years:

  • DYdX (DYDX): $10,000+
  • LooksRare (LOOKS): $625+
  • Optimism (OP): $1,500+
  • Aptos (APT): $1,200+
There are serious bucks to be made, and that's what this report is all about. let us walk you through the next big Airdrop opportunity on our radar step by step through several short one-minute videos!

Are you ready? LFG!

TLDR

  • We recorded videos on how to receive OP airdrop #1 back in March.
  • We received OP airdrop #1 in June.
  • Airdrops make up 19% of the total OP supply.
  • 14% of the total supply we will be allocated for future airdrops, with 5% allocated to airdrop #1.
  • Participating in Optimist Quests is the easiest way to speculate on OP airdrop #2, token-less protocols in the Optimism ecosystem, and receive free NFTs for your work.

Optimism Quests

Optimism Quests are on-chain tasks (i.e. staking, liquidity providing, trading, borrowing & lending) carried out by DeFi users using protocols on Optimism and lets you earn a free NFT as a reward for each quest completed. There are 18 total quests, and the maximum number of NFTs you can receive is 18.

Notes.

Optimism has not confirmed another airdrop, so there is no guarantee to receive an airdrop even if you complete all quests.

You need around $500 to complete all quests. However, you can complete as many quests as you desire. Participation is only worthwhile if the funds consumed make up a small % of the portfolio.

After claiming each NFT, you can withdraw and get back your funds.

The more quests you complete, the higher the airdrop reward and the higher the risk.

Be sure to use the required funds specified for each quest - some quests in the videos use different amounts for tutorial purposes.

Access Optimism Quests through this link - https://app.optimism.io/quests

Let’s dive!

Bridge to Optimism - Stargate

• Bridge ≥ 100 USDC to or from Optimism on Stargate Finance

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Stargate-Finance-1.mp4"][/video]

 

Before we continue the rest of the quests, you need to add the Optimistic network to your Web3 wallet (i.e. MetaMask).

Go to https://optimistic.etherscan.io/, and click Add OP Network at the bottom of the page and switch to Optimism Ethereum.

Discover Prize Savings - PoolTogether

• Deposit ≥ 20 USDC into PoolTogether on Optimism and keep it deposited for at least 3 days

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/PoolTogether.mp4"][/video]

Swap Tokens - Uniswap

• Swap ≥ $20 USD equivalent worth of tokens on Uniswap on at least 2 swaps

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Uniswap-1-1.mp4"][/video]

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Uniswap-2.mp4"][/video]

Learn about NFTs - Quix

  • Purchase an NFT on Quix (min purchase .0099 ETH)
  • Follow @qx_app on Twitter
[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Quix.mp4"][/video]

Provide Liquidity - Velodrome

  • Deposit ≥ $20 USD equivalent worth of tokens into any pool (e.g., USDC-WETH) on Velodrome and stake it
  • Follow @VelodromeFi on Twitter
[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Velodrome.mp4"][/video]

Provide Liquidity - Synapse

• Deposit ≥ $20 USD equivalent of ETH or stablecoins into the stableswap liquidity pool on Synapse

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Synapse.mp4"][/video]

Borrow Stablecoins - QiDAO

  • Open an OP or ETH vault and borrow ≥ 100 MAI on QiDao
  • Maintain a healthy collateral to debt ratio for at least a week
  • Follow @QiDaoProtocol on Twitter
  • Join QiDao Discord
[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/QiDAO.mp4"][/video]

Provide Liquidity - Rubicon

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Rubicon-1.mp4"][/video]

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Rubicon-2.mp4"][/video]

Provide Liquidity - Hop

  • To complete the Hop quest, a user must provide liquidity to a Hop on Optimism. To qualify for completion the user can meet any of the following requirements (or a combination):
  • USDC/DAI/USDT
    • $200 for 3 months
    • $500 for 1 month
    • $1,000 for 18 days
    • $2,000 for 9 days
  • ETH
    • 0.2 ETH for 60 days
    • 0.3 ETH for 40 days
    • 0.5 ETH for 24 days
    • 1 ETH for 12 days
[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Hop1.mp4"][/video]

Swap Tokens - Clipper

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Clipper_1.mp4"][/video]

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Clipper_2.mp4"][/video]

Create a Crypto Index - Beethoven X

• Deposit ≥ 0.05 ETH or rETH into the Rocket Fuel pool on Beethoven X and stake it for at least 24 hours

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Beethoven_X.mp4"][/video]

Lend Tokens - The Granary

Granary Finance has confirmed to airdrop their token $GRAIN to the community.

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/The_Granary_1.mp4"][/video]

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/The_Granary_2.mp4"][/video]

Stake Assets - Synthetix

• Stake ≥ 100 SNX and claim weekly staking rewards at least twice on Synthetix

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Synthetix.mp4"][/video]

Trade Options - Lyra

  • Trade > $100 USD equivalent in premiums on Lyra
  • Follow @LyraFinance on Twitter
[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Lyra.mp4"][/video]

Open a Futures Trade - Kwenta

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Kwenta.mp4"][/video]

Trade Perpetuals - Perpetual Protocol

• Open a trade with a position size ≥ 100 USDC on Perpetual Protocol

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Perpetual_Protocol.mp4"][/video]

Use Perpetuals Swap - Pika Protocol

  • Open a margin trade with ≥ 30 USDC on Pika
  • Deposit ≥ 30 USDC liquidity into a liquidity pool on Pika and keep it locked for at least 3 days
[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Pika_1.mp4"][/video]

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Pika_2.mp4"][/video]

Use Option Vaults - Polynomial

  • Deposit to any of the v2 vaults on Polynomial. To qualify for completion the user must: Deposit > $1000 USD equivalent for at least 24 hours OR deposit < $1000 USD equivalent for at least 1 week
  • Follow @PolynomialFi on Twitter or join the Polynomial Discord server
[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Polynomial.mp4"][/video]

Claim NFT

You need to pay gas fees in ETH when claiming NFTs.

Some quests require joining a protocol’s Discord to claim the NFT. Join the protocol’s Discord before and not during the claim.

If Discord verification is not working, try changing your internet browser.

[video width="1920" height="1080" mp4="https://cryptonary.s3.eu-west-2.amazonaws.com/wp-content/uploads/2022/10/Stargate-Finance-NFT-.mp4"][/video]

Final Words

We are constantly looking for airdrop opportunities. Keep an eye on Discord notifications so you won't miss anything, as airdrops are always posted there first!

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If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

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