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.
FuelA 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: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:
Core Platforms for DeFi Activities:
Low-Cost Transactions:
Additional Activities:
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.