What Are Cosmos Ecosystem Airdrops and How to Get Them?

What Are Cosmos Ecosystem Airdrops and How to Get Them?

New crypto projects raise venture capital funding and use part of the money to incentivize adoption.

In exchange for using protocols early, crypto users are rewarded with free tokens transferred to their wallets. These free tokens are called airdrops.

Some crypto traders make 6 or 7 figures per year in airdrops. And 2024 will likely surpass all other years in airdrop volume.

There’s one ecosystem in particular that’s heating up with juicy airdrops.

Cosmos ($ATOM) is a cryptocurrency that powers an ecosystem of 70+ blockchains to work together.

Once you start using it, it’s pretty impressive. Transactions are cheap and fast, and moving between blockchains is a breeze.

Cosmos is heating up to be a big contender in 2024.

One blockchain in the Cosmos ecosystem – Celestia ($TIA) – had an enormous airdrop last year. To qualify for the airdrop, all you had to do was stake $ATOM inside your crypto wallet.

And many more airdrops are expected to follow this year, so we want to be prepared.

Staking means you lock up your funds to secure a network. You’ll then have a 21-day withdrawal notice during which you can’t withdraw your funds. Just keep this in mind if you need quick access to your crypto.

Now – we talked about qualifying for Cosmos airdrops in December already. If you took action – congratulations. An airdrop was just announced. You can check whether you qualify right here.

But Cosmos is one you won’t want to miss in 2024 – so here’s how to set it up:

1/ To qualify for most of the airdrops in the Cosmos ecosystem, you’ll want to stake $ATOM, $TIA, and $INJ.

If you’re feeling thorough, you can also stake $OSMO and $KUJI.

2/ To get started, go to Coinbase (or Binance) and buy some $ATOM.

3/ Next, download the keplr wallet that you’ll use to interact with the Cosmos ecosystem.

4/ Send your $ATOM from Coinbase/Binance to your Keplr wallet.

5/ Inside your Keplr wallet, exchange:

• 1/3 of your $ATOM for $INJ 

• 1/3 of your $ATOM for $TIA.

6/ Next, in the Keplr wallet dashboard, use the ‘Stake’ function to stake $INJ, $TIA, and $ATOM with validators outside the Top 10.

Don’t stake with validators of centralized exchanges (Coinbase, Binance), as this will disqualify you from most airdrops.

And that’s it. You will now qualify for a large number of airdrops in 2024.

We’ll keep updating you when there are good ones you can claim. So, make sure to stay tuned.

Alternatively, the Leap Cosmos Wallet has an excellent airdrop feature. It will help you stay on top of which airdrops you qualify for. Use the dashboard, which you’ll find at the website .

Happy airdrop farming 🪂

ALSO READ >> PI NETWORK MAINNET 2024

P.S.: To learn more about Cosmos, explore their ecosystem here

What Are Cosmos Ecosystem Airdrops and How to Get Them?