Feeling Supersonic: Sonic’s S Aidrop

We’re proud to support Sonic Labs, the fastest L1 EVM in DeFi. Wanna know how to get in on the Sonic S Airdrop? Here's the lowdown on how the airdrop’s points work and what you need to do to get your share. We’ll show you a couple protocols with cool opportunities, too!

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Millions for the Masses

For starters, the S Airdrop allocates 190M of its tokens to its users, making it quite the interesting offer. Who doesn’t love free money?

(Airdrops technically aren’t free, but we digress…)

As of right now, making points boils down to doing only two things. You must either hold or deploy certain assets as liquidity. That’s it!

These certain assets all yield a different amount of points thanks to having different points multipliers:

6x points: scUSD, stkscUSD,

5x points: USDC,

4x points: scETH, stkscETH$s, wS, and stS,

2x points: WETH, SolvBTC, SolvBTC.BBN.

As you hold these assets or deploy them in the Sonic ecosystem, you’re rewarded with two different types of points depending on what you do.

Holding gives Passive points. Deploying on apps gives Activity points, which are worth 2x more!

You can get an extra type of airdrop allocation by gaining Gems. Gems are gained by being active on Sonic-partnered apps.

To maximize your airdrop rewards, make sure to deploy the assets listed above on the airdrop-eligible apps.

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Airdrop-powered Apps: Origin, Beefy, Ichi and more

So about those apps giving incentives to their users during the airdrop? There’s a couple, so there’s no better time than now to be active in the ecosystem.

A first opportunity comes courtesy of Uniswap.

Users can earn 500K S and 250K UNI tokens thanks to this incentive by adding liquidity to the following pools on certain protocols:

🔶 USDC–WETH

🔶 USDC–scUSD

🔶 wS–USDC

🔶 wS–WETH

This can all be done on Oku, Beefy, Gamma and Ichi.

Another opportunity comes by making good use of Origin Protocol:

1. Get yourself some OS, Origin’s Sonic token, on SwapX,
2. Hold OS for Passive Points, or LP it on OS-S pools for Activity Points.

With Origin, you get Gems and 4x S Points for simply holding OS, making it a worthwhile investment for the airdrop!

Now that you’ve farmed some points, you can check how much you have on the Sonic Points Dashboard here.

The final essential step? 

Check all of your Sonic transactions on Octav, and make a little report of your Sonic activity to see how profitable your airdrop farming moves are!

Why Octav?

With accurate labeling and analysis of your DeFi portfolio, Octav is a helpful tool for CFOs, asset managers, and accountants working in various organizations such as hedge funds, family offices or financial institutions. Thanks to our thorough and accurate database, Octav makes DeFi more accessible, serving as an essential guide for understanding cost basis, profits, losses, and more.

Sign up for Octav Pro today and gain significant advantages for the day-to-day management of your crypto activities: unify all wallets you work with under one bundle to save time and let automated reports send you updates on your organization’s finances without having to analyze it yourself. Monitor your holdings on our Treasury page, and be transparent by sharing it publicly with your DAO members or the rest of your team. Whether you’re the CFO of a business, an accounting professional or a DAO treasury leader, use Octav to make DeFi management a breeze.Follow our socials for more!
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