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DeFi Farmer

Your guide to 2024 DeFi Summer and the emerging Points-Meta

The days of 2020 style yield-farming are back, albeit slightly different, some might say improved with points.

Points are the growth meta for defi protocols of 2024. Defi projects reward early users, referrals and social media activity with loyalty points. These points can be converted in a token allocation in a possible airdrop.

To grow usage and TVL, protocols now have this interesting growth gamification available in their quiver.

For users on the other hand this makes it easier to optimize for yield and airdrops of new projects, since the reward mechanism is out in the open.

Below is a list with projects that currently have point programs, let the point farming 🚜 beginn and share the list with your degen friends. By using the referral links shared below you will support the research necessary for this content, thank you for that!

Point Farms

NameNetworkCategoryLinkExtrapointsToken Live?Note
Starknet
Lending / Borrowing

Mode
Layer 2

Dropped on 07.05.2024 - Farming continues

Ethereum
Stablecoin

Dropped 08.04.2024 - New point-farming campaign called β€œSats” started

Blast
Layer 2

BlastMantle
Lending / Borrowing

Mode
DEX
Mode

Mode
Lending / Borrowing
Mode

Mode
Liquid Restaking
Mode

Dropped on 30.04.2024 - Point Farming goes into Season 2

Ethereum
Restaking

Dropped early May

Ethereum
Restaking

ModeEthereum
Perpetual Options

Mode
Lending / Borrowing
Mode

Solana
Perpetual Options

dYdX Chain
Perpetual Options
Mode

Blast
Perpetual Options
Blast

Blast
Lending / Borrowing
Blast

https://twitter.com/ProtocolRing/status/1763835177136955693

Blast
Lending / Borrowing
Blast

https://discord.com/channels/1206419642810372096/1213218475900936274/1216476717573607444

Blast
DEX
Blast

Blast
Perpetual Options
Blast

Blast
Yield Tokenization
Blast

Cross Chain
Bridge

Blast
DEX
Blast

Blast
Perpetual Options
Blast

Blast
Lending / Borrowing
Blast

Blast
DEX
Blast

Mode
Lending / Borrowing
Mode

ModeManta
Lending / Borrowing
ModeStone

Solana
Perpetual Options

EthereumMantleArbitrumKarak
Restaking

Invite Codes: vPT6m, cLSY6, mGMZs, 0jQMm, UUqIp

Blast
NFT Perpetuals
Blast GoldBlast

Blast
Game

Invite Code: bruceleener

Solana
Meme Coin Trading

Blast
Gambling
BlastBlast GoldBlast Multiplier

Blast
Gaming
BlastBlast GoldBlast Multiplier

Invite Codes: da-c5vso73ikf / da-djm9pxylr2 / da-gj6ba7v0qd / da-ja10sxd1qz

Wen token? no token, no points β†’ maybe airdrop

NameNetworksCategoryURLAirdrop Confirmed?CriteriaSource
EthereumOptimismArbitrumBNBModeLineazkSync EraFantomPolygonAvalancheBase
Swap Aggregator
Swap volume
EthereumGnosis
Lending / Borrowing
Supply volumeBorrow volumeHolding MKR?

P.S.: Check out the TG Channel @defipoints

P.P.S.: Also check out farcaster β†’ decentralized twitter - a.k.a x

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Disclaimer

Defi is risky, only put in money you can afford to lose, non of the above is financial advice and please take into account that I am shilling my bags!

Not financial or tax advice.Β This content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure.Β From time-to-time we may add links in this. We may receive commission if you make a purchase through one of these links. Additionally, the team hold crypto assets.