# 🚀 Cryptogenic $1000 ETH Airdrop Quest 🚀

By [10kdrop Educational Content](https://paragraph.com/@cryptogenicsociety) · 2024-04-14

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Given the current tightness in Liquid and financial constraints, I've curated a cost-effective strategy leveraging Pendle, borrowing, and lending to amplify our funds' impact. Let's dive into the details!  
  
**Strategy 1 – Mantle Network – $200**

Mantle x INIT Protocol x Ethena x Eigen

Merchant Moe: [https://merchantmoe.com/](https://merchantmoe.com/)

*   Buy $200 MNT/WETH/METH
    

INIT Protocol: [https://app.init.capital/points?ref=63276F](https://app.init.capital/points?ref=63276F)

*   Deposit MNT/WETH/METH as collateral
    
*   Borrow $100 USDT against deposit
    

Merchant Moe: Swap USDT for USDe

Pendle: [https://app.pendle.finance/points](https://app.pendle.finance/points)

*   Deposit $100 in YT Pool for leverage of $600
    

You will also earn eigen points for every shard you accumulate.

![](https://storage.googleapis.com/papyrus_images/686472194cac2cd25cbec43290b5c2849d0e8e1f271cfec3b7e07ddbbab1434f.png)

**Strategy 2 - Ethereum or Arbitrum Network - $400**

[https://app.pendle.finance/points](https://app.pendle.finance/points)

Now, let’s explore exposure to LRT on Pendle. I recommend Pendle’s YT pools for the SMOL fish to get SIZE at low cost.  
  
Here we are farming Kelp x Renzo x Zircuit x EtherFi x Eigen – Ethereum Network

*   Deposit $200 into 2 YT pools on Pendle. Play around with figures to reach your target amount.
    
*   At the time of writing, just $200 USDT gives you 0.8E worth of exposure.
    
    _Reminder:_ You can sell these tokens at any time. Rotate out before June 27 (maturity) to avoid losses.
    

![](https://storage.googleapis.com/papyrus_images/f3fab29af3a1d1e6a164805ff9e830ba2ec93e977614890f99d2c93b5fb6d523.png)

Arbitrum Network - Honourable mention to the farm on Arbitrum there is currently a YT pool which expires in 10 days which is offering an insane amount of leverage. You can’t Lego the YT pools like you can on Ethereum but you will save a lot in fees so the pools are worth looking at.

![Honorable mention: Arbitrum Network has a YT pool expiring in 10 days offering significant leverage.](https://storage.googleapis.com/papyrus_images/6722d889623b442048aca8f949e65a821fca4150f34f1320ab3b5b4917a4fd0a.png)

Honorable mention: Arbitrum Network has a YT pool expiring in 10 days offering significant leverage.

**Strategy 3 – Linea Network – $300**

This strategy combines Linea Early Adopter status, Renzo, and ZeroLend.

To qualify as an Early Adopter, deposit 0.1E into any protocol on LINEA.

Renzo: [https://app.renzoprotocol.com/?ref=0x2c2eddb62ddf2905b89a3698e5ef4f7647e4e6a0](https://app.renzoprotocol.com/?ref=0x2c2eddb62ddf2905b89a3698e5ef4f7647e4e6a0)

Deposit 0.1 ETH into Renzo to receive ezETH.

![](https://storage.googleapis.com/papyrus_images/329c8f3f09a79d0543ed394c1e185d6255cdec9fb56b6ccf434e901d7b54b436.png)

ZeroLend: Step one

[https://zerolend.xyz/](https://zerolend.xyz/)

Deposit ezETH into the ezETH pool for rewards.

![](https://storage.googleapis.com/papyrus_images/0d773c7d2d2342206a9f84f38554b1c70fa94f7b2a31a384339b3f8cfee2a2a4.png)

  
**DISCLAIMER: If you are feeling like a degenerate you can borrow against your ezETH and LOOP it back through RENZO. BUT I ONLY RECCOMEND THIS IF YOU KNOW HOW TO UNWIND AND MANAGE YOUR LTV RATIO IF YOU DON’T YOU WILL GET LIQUIDATED!**

**Added Note on ZeroLend:** ZeroLend will charge 0 fees from all users for lending/borrowing on the Linea, Blast, Manta & Ethereum markets until Chapter 1 is completed. That is till TGE on April 29th.

**Points Programme and Quests:**[https://airdrop.zerolend.xyz/#/?invite=DocnsISJU9Zn](https://airdrop.zerolend.xyz/#/?invite=DocnsISJU9Zn)

**Airdrop:**[https://mirror.xyz/0xb32591b2D8b8129702A4214CE344D2F87A9250F2/vpp5LlkSw4\_nnQZrRTkVsb3bLk4V3wD3hbYhdykx5bc](https://mirror.xyz/0xb32591b2D8b8129702A4214CE344D2F87A9250F2/vpp5LlkSw4_nnQZrRTkVsb3bLk4V3wD3hbYhdykx5bc)

**Strategy 4 – Scroll Network – Scroll x Ambient Finance x Kelp -   $100**

Ambient Finance – Provide liquidity in the RSeth – ETH liquidity pair: [https://ambient.finance/trade/market/chain=0x82750&tokenA=0x0000000000000000000000000000000000000000&tokenB=0xa25b25548b4c98b0c7d3d27dca5d5ca743d68b7f](https://ambient.finance/trade/market/chain=0x82750&tokenA=0x0000000000000000000000000000000000000000&tokenB=0xa25b25548b4c98b0c7d3d27dca5d5ca743d68b7f).

**Strategy 5 – Elixir – Ethereum Mainnet - $100**

No legos here, just a niche project.

Step 1: - [https://www.elixir.xyz/refer/feeney4775](https://www.elixir.xyz/refer/feeney4775)

: Deposit $100 USDC and mint elxETH. It will be 1:1 collateralized by ETH and used to build up orderbooks on DEXs powered by the Elixir Network.

ElxETH deposits earn a 50% potion boost and will not be withdrawable until the launch of Elixir’s mainnet in August.

![](https://storage.googleapis.com/papyrus_images/e620680697f8a2e429dcf13e33876ce45749e3b43d66b313f56365d4d9e381cd.png)

That concludes it. Remember these are just rough figues and you can use how much how little you want. only got 500$ just half the amounts!

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*Originally published on [10kdrop Educational Content](https://paragraph.com/@cryptogenicsociety/cryptogenic-1000-eth-airdrop-quest)*