Momentum Finance AIRDROP Guide: Farm & Claim FREE Tokens NOW! (Biggest Airdrop in 2025?)
Description
Join AlphaDrop as he explores Momentum Finance, a top-rated project in the Soy Network with strong airdrop potential. Learn how you can maximize rewards through trading, liquidity provision. Don't mis...
AI Analysis
Here's a summary of the video about farming the Momentum Finance airdrop:
Momentum Finance is highlighted as a promising project on the Sui network with high airdrop potential, currently ranked S-tier. It functions as a decentralized exchange (DEX), and the core ways to earn points ("BRICS") for the future airdrop are by generating trading volume through swaps or by providing liquidity to its pools. It seems like a solid opportunity because it's a well-funded DEX with a strong revenue model that's likely to redistribute value back to its community.
Here are the key points discussed about Momentum Finance and how to potentially earn the airdrop:
- Momentum Finance is a DEX operating as the central liquidity engine within the Move ecosystem, specifically built on the Sui network.
- It's considered an S-tier airdrop opportunity because it's a well-funded project with a good revenue stream, similar to Axiom, and projects like this tend to reward early users.
- The platform has already achieved substantial volume, hitting $2 billion in total swap volume.
- The core activities to earn points for the potential airdrop involve using the Momentum Finance app.
- The main ways to earn points are by swapping assets on the DEX to generate trading volume or by providing liquidity to the available pools.
- There's also an additional opportunity to earn points or rewards by completing tasks on Galaxy (currently, the Momentum Mega Quest has over 164,000 participants).
- A referral system is in place; if you use the provided referral link, any airdrops or rewards earned by the referrer from your activity may be redistributed back to the users who used the link as a thank you for their support. This is possible because they can see who is trading using their link.
- When swapping, it's important to remember this is spot trading (going long only) and not perpetuals, which makes generating high volume without significant capital or leverage a bit harder.
- Approach swapping like trading: use risk management, especially if you're a beginner. There are trading guides available if you need help learning how to trade safely.
- There's a leaderboard that tracks user activity based on trading volume and total value locked (TVL) in liquidity pools.
- Ranking high on the volume leaderboard is feasible; the top user currently has $18 million in swap volume, which is considered quite low considering the platform has been live for over a month, and the incentivized campaign was confirmed this month. It's still early days.
- Reaching the top 100 in the volume leaderboard currently requires around $1.2 million in swap volume, which is achievable with aggressive swapping.
- Providing liquidity is another way to earn points ("BRICS"), which are the official point system for the future airdrop.
- Liquidity pools on Momentum Finance are focused solely on assets within the Sui ecosystem.
- Some liquidity pools offer high APRs, but these often come with the risk of impermanent loss, especially with volatile pairs.
- Some pools offer additional daily rewards in SUI tokens (like SUI/USDC) or other project tokens (like ZLP tokens for ZLP/SUI pool), in addition to BRICS points.
- For those providing liquidity, it's generally recommended to stick to stablecoin pools (like wUSDC/USDC) to minimize impermanent loss risk, even if the APR is lower (around 13.08% was shown).
- The presenter's personal strategy is to focus on generating swapping volume rather than providing liquidity because their capital is already spread thin on Sui, and swapping is considered the easiest way to participate.
- There's also a bridging feature on the platform that you can use, and it's mentioned that using the bridge can also earn points, although there isn't a user interface (UI) yet to show how many points you're earning from bridging.
- The dashboard shows the TVL leaderboard; the top liquidity provider has deposited $2.6 million, but reaching the top 100 is much more accessible, requiring about $41,000 in TVL.
- It's crucial to only risk capital you are willing to lose, especially when providing liquidity or engaging in trading activities for the sake of farming an airdrop.
- The incentivized campaign for Momentum Finance has been confirmed this month, indicating that users are still early in the farming process.
Transcript
Welcome back to AlphaDrop. My name is Ron. Martin here. And today we have some solid projects with strong airdrop potential to cover here in this live stream. All right, so let's get straight to it. Let's go. The first project we're going to be talking about is Momentum. Momentum Finance is the central liquidity engine of the Move ecosystem. They're essentially a DEX built on the SOI network. And recently their performance has been really, really looking good. 2 billion in total swap volume. So...