Evening
Cosmos network is kind of big on airdrops. They keep on coming as new protocols are being launched on the network. Thanks to @jk6276 for getting me into Cosmos. Last month I have staked around 20 Atoms into cosmos. I am unstaking my Atoms now, not to move away from network but to invest in some liquidity pools to earn better returns. 20 Atoms is too little amount to sit on for a small staking reward.
So, last week I had a taste of my 1st cosmos airdrop in the form of Chihuahua(the meme token of Cosmos). I have got 2040 Chihuahua, although they value a few dollars but free money nevertheless.
Two days ago, BTSG completed their airdrop stackers of ATOM, OSMO and JUNO. BTSG is the native token of the Bitsong network, a project with goal to become the corner stone of decentralized music industry.
The full details of BTSG airdrop can be found here. You can connect your Keplr wallet to https://wallet.bitsong.io/ to check how many BTSG tokens you got airdropped. I wasn't lucky with BTSG airdrop, as I didn't receive any tokens. May be the snapshot date was before I started staking or may be my chosen validators are excluded...no worries. I actually got some some BTSG tokens airdropped in my Cosmos wallet, which I had to send to my Bitsong Address using the bridge.
So, as mentioned earlier I am unstacking my staked Atoms and looking to invest in some promising LP to accrue better returns. I am even interested in throwing in a around $1k more, because there is no better thing than having juicy rewards plus the frequently happening airdrops.
So, I welcome any of you peeps recommending a nice LP across the Cosmos Ecosystem.
Happy Farming!
Posted Using LeoFinance Beta
wow! getting legit airdrops was always complex but cosmos seems good xabi bro.
yeah it is good man...actually awesome
Posted Using LeoFinance Beta
I have already staked more of this cosmos atom since last year. I want to have more of this token.
Posted Using LeoFinance Beta
The BTSG drop actually got put into the wallet for each chain. Check your Cosmos wallet, and some BTSG might be in there in the IBC token section.
If you have some, you have to send them to the Bitsong wallet using this bridge. Once there then you can use normal processes to stake using the bitsong wallet or transfer to Osmosis in the normal way on Osmosis asset page.
Posted Using LeoFinance Beta
Thanks... I actually Got some BTSGs...
Any suggestions regarding lps?
Posted Using LeoFinance Beta
I would love to know where you would be using BTSG tokens.
Posted Using LeoFinance Beta
No plans so far...
Posted Using LeoFinance Beta
https://app.osmosis.zone/pool/573 (BTSG/OSMO)
or
https://app.osmosis.zone/pool/574 (BTSG/ATOM)
cc: @rmsadkri
I am staking for now, it is only a small amount, but I buy a few more each day and slowly build a position. Not a high priority for me, more a "just in case it takes off" play.
Posted Using LeoFinance Beta
I also got my BTSG airdrop :). Finally. Thanks to you and others who are actively writing about cosmos network on leofinance.
Posted Using LeoFinance Beta
Congrats!
Posted Using LeoFinance Beta
Osmosis is the go to LP platform on cosmos at this time. The atom/osmo pair is 100% apr at 14 day bonding (similar process to staking lp tokens on eth or bsc).
Posted Using LeoFinance Beta
Yeah...I am think about osmosis. Thanks
Posted Using LeoFinance Beta
Congratulations @xabi! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 37000 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Check out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!
I jumped off my couch whenever I see posts on cosmos :P I am that desperate. I have a tiny amount as ATOM-OSMO LP. Not sure if that ATOM is counted in for airdrops.
Posted Using LeoFinance Beta
How much Apr atom-osmo is offering?
Posted Using LeoFinance Beta
I bonded my LP for the max (14 days) and that offers 102% APR at the moment.
Good
Posted Using LeoFinance Beta
Does Cosmos work with ethereum or another?
Posted Using LeoFinance Beta
Because of this post I downloaded the exodus wallet today and bought 26 Atom. Need to learn a little on airdrops, ecosystem and what to do with it.
Thank you
Posted Using LeoFinance Beta
Nice...good luck!
Posted Using LeoFinance Beta
Check twitter for Cosmos airdrops
Posted Using LeoFinance Beta