Airdroplet
Sign Up
← Back to YouTube Summary

2 Upcoming FREE Airdrops To Farm Now! Yala Finance & Yeet Airdrop - Full Guide

Channel

AlphaDrop

10 days ago

Score: 850

The summaries and transcripts on this page are generated with AI technology and may not perfectly represent the content of the video. Please use the information as a guide only.

Executive Summary

Yala Finance Airdrop Guide

Project Overview: Yala Finance aims to bridge Bitcoin (BTC) liquidity across various blockchains. It leverages a modular infrastructure to offer a lending protocol allowing users to deposit BTC or UTXO assets and borrow over-collateralized stablecoins (YU tokens). These YU tokens can then be deployed in other DeFi ecosystems for yield generation. The project has raised $8 million from investors including Galaxy, Polychain Capital, Ethereal Ventures, and Hashkey Capital.

Airdrop Eligibility & Participation: While the video doesn't explicitly state airdrop eligibility criteria, early interaction with the platform is emphasized as crucial to maximizing chances of receiving an airdrop.

Tokenomics/Utility: YU tokens are stablecoins minted against BTC deposits. They serve as collateral within the lending protocol and can be used for yield farming across different DeFi ecosystems. The video highlights minting YU tokens via MetaMintU as a key interaction point.

Participation Steps:

  • Connect a Unisat Bitcoin wallet to the Yala Finance platform: https://app-testnet-v3.yala.org?inviteCode=KmwSE41yHE
  • Claim testnet BTC from the Bitcoin faucet (a queue is expected).
  • Deposit claimed BTC into the platform.
  • Interact with the MetaMintU tab to mint YU tokens and explore the Berry Board features.
  • Perform daily check-ins on the Berry Board.
  • Utilize referral links to invite friends for potential rewards (lucky draw mentioned).

Yeet Airdrop Waitlist

Project Overview: Yeet is a project backed by Dragonfly Capital, Marana Ventures, and angel investors including Luka Nets (founder of Pudgy Penguins). The video provides limited details about the core functionality of Yeet beyond its upcoming token launch. It raised $7.75 million in funding.

Airdrop Eligibility & Participation: The video focuses on joining the exclusive waitlist for potential future token launches and receiving updates. No explicit airdrop eligibility criteria are mentioned, but early sign-up is suggested to increase chances of participating in any future distribution events.

Tokenomics/Utility: The video doesn't provide information about Yeet’s tokenomics or utility beyond the fact that it will have a token launch at some point.

Participation Steps:

  • Join the waitlist by providing your name and email address: https://comingsoon.yeet.com/
  • Follow Yeet on social media to stay updated on future announcements.

Additional Resources Mentioned (Not Airdrops)

  • Nova Airdrop: Signup via Telegram bot: https://t.me/TradeonNovaBot?start=r-QJJWL2. Likely involves trading and referrals.
  • AlphaDrop Airdrop Dashboard: https://airdroplet.com/ – A general airdrop tracking platform.
  • Airdrop Spreadsheet (Boxmining): https://boxmining.org/spreadsheet - Likely a community-maintained list of potential airdrops.
  • BullX Trading Bot: https://t.me/BullxBetaBot?start=access_GFZL7XMA6NK - A meme coin trading bot.
  • GMGN.AI Trading Tool: https://gmgn.ai/?ref=BEmoIP3e&chain=sol – Trading tool with a referral link.

Transcript

Welcome to AlphaDrop. My name is Martin. Today we have two more airdrop projects that you can start right now. Make sure you're following me on X. We talk about airdrops every single day and also make sure you go ahead and click the link down below to check out our new app, the Crypto Airdrop research tool that we just launched. We're doing a giveaway right now and all you have to do to enter the giveaway is to put in your email address in the membership tab. All right, so the first project we're going to be talking about is Yala. Yala Finance is bridging Bitcoin liquidity to every network, ecosystem, and protocol with their token YU. Backed by Polychain, Yala Finance has raised a total of $8 million by Galaxy, Polychain Capital, Ethereal Ventures, Hashkey Capital, and others. All right, so Yala Finance leverages Yala's modular infrastructure to offer a lending protocol where users deposit BTC or UTXO assets to borrow over collateralized stablecoins. So these stablecoins, the YU tokens, can then be deployed across multiple DeFi ecosystems to generate additional yield. So this is a really interesting project, guys. Link down below so you can sign up. What you want to do first is get a Unisat wallet. So this is a Bitcoin wallet. Link down below if you don't have one. If you do, then just connect that wallet into their website. And once that's done, you have to go to the Bitcoin faucet, right? Just claim your testnet token. As you can see, I have mine right over here. So it's really straightforward, really simple. Next, what we have to do is deposit. So just click on this Bitcoin icon right over here, and then you enter the amount that you have claimed from the faucet. Okay, it won't be instantaneously in your wallet. As you can see over here in the history, I requested from the faucet, that's 0.02 Bitcoin, and I am still in the process of receiving it. There's a queue that's going on. But once you have the funds in your wallet, you can do the next step, which is deposit the funds. And once you're done with that, click on the MetaMintU tab. You'll be taken over here. You can see over here, there's some steps. We got step one, step two. Be sure to read this if it's your first time. Be sure to click on this one over here and enter the amount of YBTC that you want to put in, and then just submit the value, right? On top of that, what else we can do is go over to the Berry board and connect your EVM wallet. So after that, you will then have a check-in tab over here where you can do daily check-ins, and then also this invite link where you can invite your friends. There's also a lucky draw if you're lucky enough to win. But yeah, guys, just play around with this and get yourself familiar with how it works. Let me know down below in the comment section what you think about this project. But the next project we are going to be talking about is Yeet. All right, so big shout out to Dixie. You can now join the Yeet waitlist for early access. They raised a total of $7.75 million by Dragonfly Capital, Marana Ventures, and more. You can see that they're also backed by some angel investors over here that include Luka Nets, which is the founder of Pudgy Penguin. So that's pretty interesting. So let's just go ahead and click on the official link, which will be down below, and just fill up our name and our email so we can be in the exclusive waitlist. All right, guys, so I am now in the waitlist. Make sure you also follow them so you'll be updated with anything that rolls up in the future. I have notification bells on for them, so make sure you're also following me. So once they roll out some updates, you guys will be the first one to know when we do an update video. All right, but that's it for today. I hope you guys enjoyed. Give this video a like if you found this useful. Make sure you subscribe to the channel as well because we've been growing like crazy. But check these two videos out if you want to watch some more crypto related content. My name is Martin. I hope you have a profitable rest of your day. Peace.

Video Stats

Views947
Likes61
Comments12
Duration4:08