IS FARMING AIRDROP WITH $ETH LUCRATIVE?

Some people said farming on SWELL has been very disappointing. It is true, it highlighted that not all airdrops are equal, and it is up to our research (and sometimes luck) to find a good project. Here is my airdrop farm with Ether Fi:

Saigonese - Melburnian - Project Manager - Gamer - Weightlifter - Bitcoiner

1. I farmed 4.5 $ETH with Ether Fi from February, 2024, deposited into Liquid Vault when it becomes available.

I have since collected airdrops from SS 1, 2, and 3; got around 800 $ETHFI (at some point, $ETHFI was $8)! I also received 200 $EIGEN tokens.

2. On top of that, I earned around 3.5% in Ethereum (staking rewards).

Apart from depositing into Liquid Ethereum Vault, I also deposited 5000 $USDt into Liquid Stabale Vaults (also on Ether Fi). This has earned me $140 $USDt (5% return from the vault), and $200 tokens $ENA.

3. Total results:
1. 0.1 $ETH (staking reward)
2. 130 $USDt (Liquid Stable Vault trading yield)
3. 800 $ETHFI, currently value at $1,200
4. 200 $EIGEN, currently value at $800
5. 200 $ENA, currently value at $60

Total value: $2,440 for $4.5 ETH. That’s 21% return in 8 months.

4. Conclusion: you just need to find the right project to place your trust in!