We believe airdrops are still low-risk, high-return investment options because there are many fledging and promising platforms without a token.

Today, we are sharing three under-the-radar airdrop opportunities where you can get first dibs ahead of other airdrop farmers.

Let's dive in…

TLDR

• Anzen is a DeFi protocol built on the Ethereum blockchain that offers a stablecoin called USDz. It is currently tokenless and presents an attractive airdrop opportunity.
• Ithaca is a very cool DeFi platform that is "changing" the way users interact with crypto options and structured products. 
• Rivo is a DeFi platform that aims to simplify and enhance the investment journey in the DeFi space. It has a good UX and serves as an aggregator for most Defi activities.
• All these platforms are still new and not actively farmed by many airdrop hunters.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results. "One Glance" by Cryptonary sometimes uses the RR trading tool to help you quickly understand our analysis. These are not signals, and they are not financial advice.

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Anzen

Anzen is a DeFi protocol built on the Ethereum blockchain that offers USDz, a stablecoin backed by a diversified portfolio of private credit assets. Launched in 2024, Anzen aims to bring stability to the crypto market by providing a stablecoin backed by real-world assets, reducing the volatility often associated with other cryptocurrencies.

USDz is an ERC-20 compatible token, which means it can be easily integrated and used across various DeFi protocols, decentralised exchanges, and other crypto platforms. Anzen's stablecoin is designed to maintain its value and provide a reliable store of value, even during periods of cryptocurrency market volatility.

The Anzen platform allows users to mint and stake USDz tokens to earn sustainable real-world asset (RWA) yields and diversify their portfolios. By staking USDz, users receive sUSDz, which represents their share of the staking pool. The rewards are automatically accrued within the staking contract, gradually increasing the value of sUSDz over time. This allows DeFi users to benefit from the stability and reliability of USDz while also earning rewards.

Anzen's private credit assets are carefully selected and secured by qualified KYC-compliant investors through rigorous underwriting. These assets are typically associated with reliable revenue streams and are expected to maintain their value even during periods of market volatility. This diversified portfolio helps to minimise the impact of a particular asset's performance on the overall portfolio, creating a balanced risk profile.

Action plan:

1. You will need USDC on the Base network
2. Go to Anzen
3. You will need a referral code to access the platform (You can use "HBIQC1")
4. Buy USDz with USDC (if the cap is reached, move to step 5)
5. Swap half of your USDC to USDz  on Aerodrome
6. Provide liquidity to USDC/USDz pool Aerodrome pool (current APY is 33%)
7. It is fairly under-farmed, so we believe there is good potential here
8. Happy farming

Here is a step-by-step tutorial.

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Ithaca

Ithaca is a DeFi platform that is "changing" the way users interact with crypto options and structured products. Built by a team of finance and crypto experts, Ithaca aims to democratise access to advanced financial instruments, making them more accessible and efficient for a wider audience.

At the core of Ithaca's innovation is its unique architecture, which combines an off-chain matching engine with an on-chain settlement layer. This hybrid approach allows for the seamless execution of complex option strategies and structured products, all while maintaining the security and transparency of a decentralised blockchain.

One of Ithaca's key features is its composable options protocol. This allows users to create and trade a wide range of option strategies, from simple vanilla options to more complex structured products like digital options, forwards, and more. The platform's matching engine breaks down these complex payoffs into their fundamental building blocks, enabling users to construct and execute their strategies with ease.

Ithaca is currently tokenless and has a "The Ithaca Points Program." The program is designed to incentivise early adopters and liquidity providers, and it rewards users with points for various activities, such as connecting their wallets, inviting friends, and participating in the community.

Here is an action plan to earn points and qualify for a potential airdrop.

Action plan:

1. Go to the Ithaca Protocol and navigate to the "Airdrop" section
2. Complete tasks on the "Airdrop" page such as "Connect your wallet", "Follow on Twitter" etc
3. Trade options (e.g. call options, put options; You can hedge your trades on Lyra as well)
4. Ensure you've accumulated 5000 points to active your points

Here is a step-by-step tutorial.

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Rivo

Rivo is a DeFi platform that aims to simplify and enhance the investment journey in the DeFi space. It combines a smart contract wallet with a DeFi marketplace, offering users seamless, self-custodial access to cross-chain yield opportunities. The platform is designed to make DeFi more accessible to everyone, regardless of their technical expertise.

One of Rivo's key features is its ability to analyse thousands of projects and protocols to identify DeFi strategies with the best risk-reward ratios. Users can invest in these strategies with just one click using the Rivo wallet or any other Web3 wallet, such as MetaMask or WalletConnect. The platform also allows users to make cross-chain swaps directly from their wallets.

Rivo offers a range of DeFi strategies, including conservative, high-risk, and volatile options. The platform categorises assets into layers, ranging from fundamental assets like Bitcoin and Ethereum to stablecoins, L1/L2 coins, altcoins, infrastructure, and indices. This diversity of strategies allows users to customise their portfolios according to their risk tolerance and investment preferences.

Overall, Rivo is a comprehensive DeFi platform that combines a smart contract wallet with a DeFi marketplace, offering users a simpler, smarter, and more secure way to manage their crypto investments.

Action plan:

1. Go to Rivo
2. Go to "Yield Marketplace" and deposit funds into yields that might attract you. 
3. We believe depositing into "Pendle eETH" and "Pendle ezETH" is the best option from the risk-reward perspective (11.7% and 14.9% APYs, respectively).
4. If you invest at least $1000 with Rivo and hold it for at least 14 days, you will be eligible to mint Founding member NFTs. We believe these NFTs will be a significant factor in qualifying for the airdrop.
5. Happy farming!

Here is a step-by-step tutorial.

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Cryptonary's take

Usually, for maximum qualifying for an airdrop, users need to be early.

We believe we are among the earliest adopters of these innovative platforms, positioning ourselves decently for a potential airdrop from these projects.

Therefore, we believe there is an asymmetric risk-return ratio for farming these airdrops and we are excitingly delivering them for you.

Happy Farming!

Cryptonary, OUT!