The REAL Criteria for Monad Airdrop?!

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AI Analysis

This video dives into the potential criteria for the upcoming Monad token airdrop, questioning whether the commonly farmed testnet activities will actually be the deciding factor. Drawing parallels with past airdrops like Walrus and ZK Sync, it suggests that Monad might prioritize other factors like on-chain activity on related ecosystems, staking specific tokens (Wormhole, Pith), holding ETH, or even specific Discord roles, urging viewers to cover all bases beyond just testnet interactions.

Here’s a breakdown of the key points discussed:

  • Doubts About Testnet Criteria:

    • There's a real possibility that all the NFT mints, whitelist hunting, and testnet interactions might not be the main qualifying criteria for the Monad token airdrop.
    • This isn't saying stop doing testnet activities, but rather be prepared for a scenario where they don't count, or count very little.
    • The experience with the Walrus testnet airdrop fuels this doubt. Some active testnet users (including Martin from the team) didn't qualify, while others who had a stronger mainnet transaction history on the Sui ecosystem did qualify, even with less testnet interaction.
    • Walrus was very vague about their criteria, mentioning rewarding engagement with "Walrus and Sui ecosystems in meaningful ways," which hinted that mainnet Sui activity was key.
    • ZK Sync, despite having extensive testnet phases, ultimately did not include testnet activity in its airdrop criteria, unlike Arbitrum which gave it some weight. This precedent suggests testnet inclusion isn't guaranteed.
  • Potential Alternative Criteria (Beyond Testnet):

    • On-Chain Footprint: Similar to the suspected Walrus criteria, Monad might look at your wallet's history, even though Monad is a new L1.
    • EVM Compatibility Link: Since Monad is EVM compatible (Ethereum Virtual Machine), holding ETH or even staking ETH could potentially be a factor. This is speculative but considered because Monad is fundamentally linked to the Ethereum ecosystem.
    • VC Interest & Funding: Monad raised a massive $244 million, attracting huge VC interest. This high level of funding and oversubscription might influence how they distribute tokens, perhaps favoring established players or ETH holders/whales.
    • Wormhole Staking: Wormhole was an early, official partner of Monad. Staking Wormhole ($W) tokens has been recommended since late 2024 as a way to potentially qualify and seems like a strong bet.
    • Pith Staking: Pith ($PITH) is another related ecosystem token. Staking Pith is also suggested as a way to cover your bases, similar to Wormhole.
    • Interacting with Partner Protocols: Transactions involving Chainlink, Axelar Network (staking $AXL is mentioned), Hyperlane, LayerZero, and Garden could potentially play a role due to partnerships or infrastructure relations.
    • Discord Roles: Specific roles in the Monad Discord server might be crucial. The most valuable roles mentioned are:
      • Nad OG: For very early, long-term, and recognized community contributors. This was highly sought after, even reportedly by VCs.
      • Full Access: A newer role, potentially similar in value to Nad OG.
      • Other roles exist (Monvangelist, Nads, Mon Artist, etc.), but Nad OG and Full Access are highlighted as the most important if Discord roles are a factor.
    • Holding Blue Chip NFTs: While speculative since Monad mainnet isn't live, partnerships might matter. Monad is partnered with Magic Eden. Holding valuable NFTs on Magic Eden, particularly potentially Mad Lads (on Solana, but Magic Eden is cross-chain), could maybe be a criterion. This is less certain than staking or Discord roles.
  • Airdrop Farming Landscape & Advice:

    • Retroactive vs. Engagement Airdrops: Binance research identified two types. Retroactive (surprise airdrops based on past actions, like Deep Book for Sui stakers) are often better quality but unpredictable. Engagement (point systems, task-based, like most current campaigns) are explicit but prone to manipulation and disappointment (like Milky Way).
    • Sybil Farming Problem: Monad testnet already has over 2.5 million daily active users, making Sybil detection (identifying users farming with multiple wallets illegitimately) a huge challenge. Projects like LayerZero used game theory (self-reporting Sybils for a smaller reward) to combat this. The sheer volume on Monad testnet might lead the team to de-emphasize easily faked metrics like transaction counts.
    • Milky Way Example: The recent Milky Way ($MILK) airdrop was cited as a disappointment. Despite staking $TIA since January, the allocation heavily favored recent NFT holders (Moo Shifters) over long-term protocol users. This highlights how projects can prioritize differently than users expect, possibly due to factors like declining protocol revenue (Milky Way's revenue dropped significantly with $TIA's price fall).
    • Manage Expectations & Risk: Airdrop farming is out of your control. Treat it like trading – you can only control your actions, not the outcome (the criteria). Don't get emotionally attached. For activities requiring capital (staking, locking liquidity), assess the risk and opportunity cost carefully.
    • Prioritize Infrastructure: L1s, Oracles, cross-chain infrastructure often have higher funding and potentially more generous airdrops compared to smaller protocols.
    • Engagement for Retroactive: Sometimes, participating in engagement campaigns (even disappointing ones) can build the on-chain history needed to qualify for future retroactive airdrops (like Sui DeFi activity leading to the Deep Book airdrop).
    • Mainnet Matters: Even if you're grinding testnet now, be prepared for mainnet launch. Mainnet interactions and campaigns will likely carry significant weight, potentially overshadowing testnet activity entirely.
  • Actionable Takeaways:

    • Continue relevant Monad testnet activities (NFTs, whitelists, transactions) to cover that base just in case.
    • Prioritize getting valuable Discord roles like Nad OG or Full Access if possible.
    • Strongly consider staking $W (Wormhole) and $PITH (Pith) tokens (while managing risk, as they are altcoins).
    • Maintain some activity within the broader EVM ecosystem, potentially holding/staking ETH.
    • Keep an eye on the Sui ecosystem for potential high-quality retroactive airdrops.
    • Be prepared for mainnet activities once Monad launches.

Transcript

Welcome back to AlphaDrop. Now if you've been farming Monad testnet in hopes of getting airdrop I have some questions for you guys okay what if all of the NFT mints the whitelist hunting and the testnet interaction that we've been doing will not actually be the qualifying criteria for a Mon token airdrop okay now I'm not saying that you should stop doing what you're doing and just give up okay but this is more of like a preparation for a potential scenario that maybe Monad might not include the...