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Check out the projects that pledge PYTH and have a chance to receive airdrops

Read this article in 6 Minutes
This article will take you to explore projects that may receive airdrops by pledging $PYTH.
Original author: Money Bunny
Translated by: Deep Tide TechFlow


Pyth Network has already confirmed the airdrop, and this is just the beginning.


Due to the nature of oracle projects, other projects often use Pyth's oracle price feed, which also creates space for joint marketing activities.


This article will explore projects where staking $PYTH may result in receiving airdrops.



What is Pyth Network?


Pyth network is the first-party financial oracle network, aiming to publish continuous real-world data onto the chain in a tamper-proof environment.


Although it has only been launched recently, Pyth network has already covered over 400 Price Feeds, 290+ dApps, and 49+ blockchains.



Token $Pyth


The total supply of $PYTH is 10 billion tokens, and this total supply will not increase. In addition, 85% of the tokens were initially locked by the contract.


$PYTH data:


·Current price: 0.336 USD


·Historical high: 0.56 USD


·Market Cap: $503.91 million



Where to pledge?


The token is located on the Solana network. Click here for the staking address.


Additionally, users can participate in Pyth Dao's voting. Please click here.


Pledging tokens allows you to participate in Pyth network governance. Newly pledged tokens are eligible to vote in the next epoch, which begins every Thursday at 00:00 UTC and lasts for 7 days.



If you want to rank among the top 10-20% of all stakers, it is recommended to stake at least 1,000 $PYTH (approximately $336).


Users can view the scores obtained from staking on the Dune dashboard. Please click here for more information.



Upcoming Airdrop Projects


1.Monad (raised $19 million in funding)


想·Monad is a high-performance Ethereum-compatible L1 that improves decentralization and scalability.


They have completed a $19 million seed round of financing led by Dragonfly, with participation from Lemniscap, Placeholder, and other institutions.



2.Zeta Markets (raised $8.5 million in funding)


Zeta Markets is a DeFi derivative that offers the speed and user experience of centralized exchanges, while achieving self-custody and transparency on Solana.


Zeta Markets has completed an $8.5 million financing round led by Jump Capital, with participation from Race Capital, Electric Capital, and DACM.



3.Drift Protocol (raised $3.8 million in funding)


Drift Protocol is a decentralized perpetual contract exchange based on Solana.


They successfully raised $3.8 million in a funding round led by Multicoin Capital, with participation from Jump and Alameda.



4.Polynomial (raised $1.1 million in funding)






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