Don’t Miss These Cosmos Airdrops!

Recently, the Cosmos ecosystem popularity surged, driven by a series of airdrops rewarding users with new tokens for staking ATOM coins.

Notably, TIA, initially dumped at $2.5, recently skyrocketed to $15 within two months, emerging as a primary catalyst. Additionally, NTRN proved to be a lucrative airdrop, making a strong performance during the December rally.

Stakers of both ATOM and OSMO got the right to brand the Namada drop. The token has not been released yet. The next drop was DYM, with the token still available until January 20. DYM will be airdropped to the stakers of ATOM, OSMO, and TIA.

How to Get Airdrops in the Cosmos Ecosystem

In 2024, we might see a flurry of airdrops in the Cosmos ecosystem. A smart move would be to stake the coins like ATOM, TIA, and OSMO. It is always a good idea to stake a significant amount to make sure you do not miss the next airdrops. Considering previous drops, here are suggested values:

Ensure you stake your coins with decentralized validators from the complete list available here. It is recommended to choose validators with 5-10% commission from the top 10-30.

Active participation in various proposals within the ecosystem can also bring you added benefits. You can find them all here.

Don’t forget about potential risks: unstaking takes 21 days. This can cause some problems, especially when you see pumps on the specified coins and have to wait a long time for their withdrawal. You should also keep track of the Jailed tag on your validator, in which case you should immediately unstake the coins and move them to another validator.

Potential Drops in the Cosmos Ecosystem

1. Berachain is an EVM-compliant blockchain using Cosmos SDK and protected by the new Proof-Of-Liquidity consensus protocol. They raised $42M from Polychain Capital, Shima Capital, and others.

2. Nibiru is a PoS blockchain in the Cosmos ecosystem that integrates futures, spot trading, staking, and more. They raised $8.5M from HashKey Capital, Tribe Capital, and others.

3. Movement Labs is a modular blockchain network based on Move. They raised $3.4M from Blizzard Fund, Borderless Capital, and others.

4. Noble is leveraging the power of Cosmos' public infrastructure to usher in a new era of growth for the Interchain ecosystem. It's an app chain specifically designed to issue proprietary assets, including those among their partners and Circle. They raised $3.3M from Polychain Capital, Circle, Wintermute, Wormhole, and others.

5. Penumbra is designed to act as a shield for the entire Cosmos ecosystem, enrolling any type of asset into a single secure pool. They raised $4.75M from DragonFly Capital, Lemniscap, Robot Ventures, and others.

6. Skip Protocol is building products to perform cross-chain transactions in the Cosmos ecosystem, aiming to provide the benefits of MEVs to the Cosmos community while mitigating its harms. The main product is the Ibcfun cross-chain swap. They raised $6.5M from Jump Crypto, Bain Capital Crypto, Galaxy, and others.

Conclusion

The hype around the Cosmos ecosystem continues to grow, and it’s definitely something you don’t want to miss out on. EigenLayer’s recent article further proves this, by highlighting that the Cosmos products are not only beneficial internally but also extend their utility to the Ethereum ecosystem.

In 2024, the Cosmos ecosystem is stepping into the spotlight with a lineup of exciting projects, convergence with Ethereum, notable airdrops, and a growing FOMO factor. Don't miss out on the action – it's capturing the attention of the entire crypto community!