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Rabby Wallet: The Superior Metamask Alternative with Exclusive Airdrop Rewards for New Users!

DATE POSTED:February 28, 2024

Many have asked for something worthwhile, that’s not too late to start and can yield a lot. Here you go.

Disclaimer: This content is not financial advice. Perform your own research. I am not sponsored or compensated by any mentioned company.

Fuel

A modular L2 blockchain, competitor to Celestia. Interestingly, they share a co-founder. There’s a lot of buzz that Fuel will have an airdrop. They raised $81.5M, with Blockchain Capital leading. An excellent result. They have their programming language, all as it should be, the guys are serious. Everyone is shouting that the project’s upside is bigger than Celestia’s, which we totally agree with, and its current cap and FDV are 2.8 and 17.5 billion, respectively. Definitely not smart to miss out.

Among all testnets, Fuel definitely takes the top priority. I’ll assume that if you haven’t started earlier, it’s a bit late to begin now. Despite this, it’s absolutely free. Remember, for minimal activities, Altlayer dropped $200 per account, even though I got in at the last moment. Now it’s worth getting into Fuel if you haven’t already, as the launch is soon. I’ve already received some useful NFTs from it and other projects on it, but I only started the main activities relatively recently because it was too raw and empty before.

The activities are as usual: download the wallet; claim tokens; use the bridge; mint all the NFTs and domains you can, fill up activities for at least a few days/weeks, but it’s better to have a couple of active months.

Below is a guide:
  1. Setting Up the Wallet: Install the wallet from Fuel’s official documentation.
  2. Obtaining Test ETH: Request test ETH from the Alchemy faucet for the Sepolia network.
  3. Using the Bridge: Go to the Fuel network bridge to bridge ETH to the Fuel Beta 4 network. As a precaution, perform a reverse bridge from the Fuel Beta 4 network back to the Sepolia network. If you’re short on ETH in the Fuel Beta 4 network, request more from this faucet.
  4. Claiming NFT Domains: Visit previously mentioned sites or FuelName.com to claim NFT domains. This may require installing another wallet that supports NFT operations, which you can find in the Chrome Web Store. Install and import the seed phrase from your previously created wallet to claim your NFT.
  5. Finalizing with Testnet by Creating Your Own Safe: Similar to using Gnosis Safe, create your own vault at Bsafe. Authenticate your wallet, click on “Create Vault,” name your vault, and proceed. You can add signatories for the vault; your wallet is added by default. If desired, create a second account in the wallet, add the second address, and specify the number of signatures needed for transactions from the vault. Finish by clicking “I’ll do it later.” Your vault will be ready and displayed here. You can click on it to get an address for funding. Open your wallet and make a transaction to this address. Once the vault has funds, you can create transactions from the vault and sign them.
Scroll

On the other hand, is the top-priority L2 mainnet that it’s definitely not too late to start working on. The price of LXP without boosts will be much higher than in defi voyage, significantly higher. And it’s certainly not too late to start working on Scroll, as aside from deploying contracts, you haven’t missed much. They raised $80M with Polychain in the lead, which is excellent.

Scroll is still not too late to start, whether this month or the next, but it’s better to manage to have an active month in February. Why is it not too late?

Sure, you’ve seen the campaign they posted on Galaxy and then canceled it due to community backlash. This means that the project is just starting its marketing campaign, plus the network is still very raw and was launched just 4 months ago, so definitely, Scroll is not too late, but the earlier you start — the better.

Scroll is expensive, very expensive. But on March 13th, the Ethereum update Dencun will be released, which will reduce fees by tens of times, meaning the cost of an account will drop significantly for us.

And here too, everything is classic: use the bridge (preferably official, but watch out for gas, it’s been painfully expensive lately); run transactions, swap, interact with contracts and NFTs, provide some liquidity; pad the volumes and definitely leave a penny (actually, not just a penny) in the balance.

Below is a guide:

Bridging Ethereum:

  • Scroll Bridge: Promised to reduce fees by 50%, though the effectiveness is yet to be measured.
  • RhinoFi and Stargate: RhinoFi is recommended for diversity, and Stargate for Layer 0 solutions.
  • Orbiter, Owlto, and Layerswap: These are anticipated for airdrops. Orbiter currently has a promotion for earning 74 O-Points.
  • Router Nitro: Offers bridging for only $0.1, plus a potential airdrop.

Core Platforms for DeFi Activities:

  • Ambient: A top-tier decentralized exchange (DEX) in the ecosystem by total value locked (TVL), with recommendations for frequent transactions and providing liquidity, aiming for $500-$2K in volume.
  • Zebra, SyncSwap, DODO, SpaceFi, iZiSwap, Sushiswap: These platforms are for swapping, with a focus on adding and removing liquidity. The goal is to achieve at least $2K in total volume, with transaction costs ranging from $0.8 to $1.5.
  • Satori: Offers futures trading, similar to activities recommended for zkSync for airdrops.
  • AAVE, LayerBank, COG: These are top-tier and smaller lending platforms, respectively, where one can engage in lending activities with minimal fanaticism. COG offers $0.8 for wrapping and unwrapping services.

Low-Cost Transactions:

  • Revoke.cash: Regularly revoke approvals to maintain cheap transactions, which helps to avoid patterns typical of Sybil attacks.
  • Dmail: No explanation
  • RubbyScore: Engage in voting on the dashboard, claim boxes, and every vote counts as a transaction. There’s also an option to claim a domain.

Additional Activities:

  • NFTs2Me: Deploy collections and mint NFTs, with each deployed or minted item counting as a contract.
  • DappGate and l2Telegarph: Deploy tokens, and there’s a bridge for your discretion or a bridge through Layer 0 tokens and NFTs.
  • Omni Kingdoms: A game on Scroll where minting a character costs 0.01 ETH.
  • Gnosis Safe: if you are rich.

P.S. Bitcoin is almost updating all-time highs. Honestly, it’s still hard to believe. Just recently, we were freaking out with Bitcoin at 16k. Spring will be crazy, getting ready!

Well, Fuel & Scroll, It’s Your Time To Shine! was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.