As the markets continue to chop sideway and breaking headlines for the crypto world start to slow down, great opportunities arise for those who stick around and wait.
Today there are many such opportunities. First we will be discussing the best free airdrops you can farm thanks to blockchain and DePin technology. This is a great way to make some passive income earn rewards.
Then we will be touching on a new centralized exchange which is still exclusive to some parts of the world, and Lebanon is included. If you are a trader, this could very well be the next HyperLiquid, so being early is key.
Finally, one fundamental pillar of crypto that often goes unnoticed is Stablecoins. With institutions like World LibertyFi, the European Union, and multiple banks launching their own digital currencies, this is paving the way for a decentralized future, and we will show you how stablecoins will change the way you manage money.
DePIN, short for Decentralized Physical Infrastructure Networks, is a new and exciting concept in crypto that connects real-world infrastructures such as wireless networks, storage, GPUs, etc... with blockchain technology.
Instead of relying on big corporations to build and manage these expensive centralized systems, DePIN projects let everyday people like you and me contribute hardware and get rewarded in crypto. This can revolutionize access to resources by making networks more affordable, resilient, and community-owned.
So, how can we participate? currently, there are tons of DePin project anyone can participate in, but not all of them are worth your time, and some of them are very resource and knowledge intensive.
Here are 3 DePin project that are backed by large institutions, promise a future airdrop to their users, don't require powerful hardware, and take 5 minutes to set up.
Note: Although all those platforms have raised millions and are vetted, running them on a separate machine or different user as an extra security measure can't hurt.
Stork is an oracle provider focused on delivering highly accurate and reliable data feeds for dApps, think of it as a DePin version of Pyth or Switchboard.
They raised $4M from famous VCs like Faction and WinterMute and partnered with OKX, SUI, and TON. Your device will act as a node in a consensus network, validating data and passing it on. It's very light work and won't eat up your processing power.
All you need to do is download the extension from google chrome here, and run the node. Verified messages will turn into points for the airdrop later on. You can use code "TD7MFGAT5O" to sign up.
Dawn is one of the hottest DePin project on Solana at the moment, it uses DePIN to commoditize internet bandwidth, resulting in 90% lower prices for future customers. This is a competitor to Grass, which early farmers made thousands off it's airdrop.
Dawn raised $18M from almost 20VCs, with notable names such as DragonFly, Wintermute, and Triton. When the extension is active, your device will share it's extra internet bandwith, and accumulate points.
You can download the chrome extension here, and run it. Same as for Stork, points will translate into an airdrop later on. You can use code "BRY7KLOX" to earn a boost on your points.
Finally, Bless network enables you to share your extra processing power for rewards. Not a lot of people are talking about Bless even though they raised $8M in their seed round recently, with contributors such as Frachtis and Interop.
While typically this would be very resource intensive, they are currently still in test-net phase, so it's only pinging your device occasionally and using very low CPU power. We are early on this one.
Same deal as before, you can find the extension on chrome here, and run the node. The more uptime you have, the more points you will have later on, and you can use code "5LBMQO" to earn a 10% boost.
Backpack Exchange is a regulated, centralized cryptocurrency exchange that launched in 2024 under. Trek Labs Ltd FZE, led by Armani Ferrante. The exchange operates with a Virtual Asset Service Provider license from Dubai’s Virtual Assets Regulatory Authority. Since its inception, it has grown quickly, boasting over 500,000 KYC-verified users across more than 150 countries.
Currently, there are 55 coins and 55 trading pairs available on the exchange, with up to 50x leverage on perpetuals. Stand out features include seamless custodial wallet integration, which makes transfers from Web3 wallets instant, and auto-lend feature, which earns you constant yield on your unused collaterals.
Now sure the exchange is sweet, but we're here to earn something. Introducing the reward program, and why us as Lebanese have a huge edge over the rest of the world.
Season 1 has launched on March 21st for a 10-week run. Traders earn points weekly based on their spot and futures trading volume, lending activity, and account balances, which will result in a juicy airdrop, HyperLiquid style.
But the difference between this and HyperLiquid, is that this will be an airdrop for users, and not farmers. Here is how the head of the exchange described it:
"We have a dynamic equation for determining points every week and it changes as usage patterns change on the system. We will take extreme measures to protect the integrity of the campaign. With that said, everything is fair game for points. Liquidity. Referral volume. Open interest. Balances. Borrowing. Lending. Literally every single button on the platform. All you need to do is just, well, use it as normal."
On top of points, BackPack has been very generous with their reward campaign, giving out rewards daily in USDC just for using the exchange. Actual free money.
But the best part? Half of America and Europe can't use the exchange yet... But Lebanon can! This isn't even about geolocalization, this is because they can't get through KYC with their US/EU passports at the moment, but the Dubai license doesn't mind us Lebanese. Finally, a win for us.
This is simply a good opportunity to move your trading to a platform which isn't saturated with farmers and will reward you generously to use it. Traders in the EU and US are doing some shady stuff to get past KYC, we don't need to do that.
Season 1 just started and ends in 10 weeks. You can join BackPack here and start building points and climb up the ranks. Good luck and happy trading.
As I'm sure you all already know, stable coins are cryptocurrencies designed to hold a steady value, often tied to assets like the U.S. dollar or gold. They’re a bridge between traditional finance and the crypto world, making them ideal for payments, remittances, and as a reliable digital store of value.
One big reason for the interest is efficiency. Stablecoins enable fast, cheap transactions, especially across borders, outpacing slow and costly systems like SWIFT.
Businesses, such as Trump’s World Liberty Financial with its USD1 stablecoin, see this as a way to streamline operations, while nations view it as a tool to modernize finance and boost inclusion in places with shaky currencies or limited banking access.
With the stablecoin sector growing 46% last year only, and Tether reporting a staggering $13B in profits theres a lot of money being poored in this segment of the market. So how can you make money from that? Well, when there's interest, innovation often follows.
Yield bearing stablecoins are the latest form of liquid yield bearing assets that every trader should use to maximise profitability. Solayer's sUSD or Perena's USD* enable traders to earn yield on their stablecoins while still holding them in their own custody wallet.
sUSD is backed by U.S. Treasury Bills. Holders of sUSD benefit from a steady annual yield of approximately 4-5%, derived from the returns on the underlying T-bills. This design allows users to grow their assets effortlessly, similar to a high-interest savings account.
Meanwhile USD* uses a different model which earns it's yileds from Perena's stablecoin market making hub. Here, USD* acts as the "hub" asset, and stablecoin swaps route through USD* in two steps: first into USD*, then out to the desired stablecoin. This helps limit slippage and has been implemented on Jupiter.
As a rule of thumb, one should always have around 20% of their portfolio in stablecoins should an opportunity arise, so making sure that money is still working for you can make a huge difference in the long term. Additionally, these yield bearing stables can be used in DeFi to farm other protocols like RateX and Exponent.
Finally, a pro tip is to use Numeraire, which is Perena's native stablecoin swap platform. Backed by Binance, this is a good platform to build volume on and farm points, you already know why...
[All topics are meant to be educational only. None of it is financial advice, please do your own research.]
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