Original author:andrew.moh,Crypto KOL
Original compilation: Felix, PANews
Injective Protocol is an infrastructure framework for DeFi applications that enhances multi-chain trading with derivatives such as perpetuals, futures, and spot. Injective Protocol is built on the Ethereum and Cosmos blockchains to minimize gas costs.
Injective has grown significantly over the past year and gained widespread recognition, with INJ price increasing by more than 2,700% to a new high of $42. Although there is a certain amount of hype around Injective in the market, the true potential of the chain remains untapped and its ecosystem is still in its early stages with some potential airdrop projects. The following are 5 projects listed by crypto KOL andrew.moh that may have airdrop and development potential in the Injective ecosystem.
Helix
Helix is a DEX platform for crypto spot and derivatives trading and for creating and running financial applications based on Injective infrastructure. Helix allows unlimited trading across cross-chain crypto assets and perpetual markets, and offers rebates.
Main features of Helix:
Decentralized order book
Rebate
Decentralized stop-limit order
On-chain matching
Although Helix has not officially confirmed the airdrop, the “rewards” option on its website hints at future airdrops. To qualify for a short investment, you can:
trade
Trading Perpetual Contracts
Use their bot/set limit orders
Black Panther
Black Panther is a self-custody asset management protocol that provides returns through automated compounding vaults and automated yield opportunities. The token is BLACK.
Black Panther provides an algorithm-powered trading bot that allows users to deposit crypto assets into a vault and let the bot do the trading work to profit from the revenue opportunities in the DeFi market.
Advantages of grid trading robot:
Profit from volatility without predicting market direction
24/7 passive trading, no need for constant monitoring
Manage risk by setting price ranges and receiving alerts
In the Black Panther dApp, you can find an option labeled “Airdrop.” When using Injectives mainnet, users have the opportunity to earn rewards when the BLACK token launches.
Talis Protocol
Talis Protocol is a platform that connects artists, buyers, sellers and printing companies within the NFT community. Talis Protocol solves many problems related to NFTs, including valuation and utilizing NFTs as lending assets.
Artists can mint NFTs and produce xNFTs related to real-life printing operations. Customers who purchase a print version of the NFT are purchasing an xNFT. These xNFTs are then transferred to printing operations to create physical products such as T-shirts and paintings.
Each physical product is verified via a digital receipt with a QR code (a type of QR code) on the blockchain, allowing artists to showcase the uniqueness of their artwork in both the digital and physical worlds.
Talis Protocol tokensTALISIt is the first native token of the Injective ecosystem. DEX platform Helix recently launchedTALIS. By trading Protocol Talis, users can earn on-chain rewards and participate in its NFT ecosystem.
Exotic Markets
Exotic Markets is a DeFi platform built on the Solana blockchain. Its goal is to become the most flexible structured product protocol, providing a wide range of benefits and underlying foundations in the DeFi field.
Exotic Markets has 2 types of markets:
Vault will interact with asset pools and run automated strategies to replicate certain returns.
Single Products will allow buyers and sellers of structured products to interact freely on an open, transparent platform.
Robo-advisors on the Exotic Markets platform also guide investors through product selection based on investment horizon, risk profile and market views. Tokenization of positions on Serum Exchange adds liquidity to traditional illiquid products. Exotic Markets’ native token, EXO, supports governance and fee reductions.
Exotic Markets successfully raised $5 million in a private placement round in 2022, co-led by Multicoin and Ascential Assets, with participation from Animoca Brands, Morningstar Ventures, and Solana Capital.
Ninja Blaze
Ninja Blaze is the GameFi platform based on the Injective blockchain. Ninja Blaze is currently available on the testnet, currently has a game called Jackpot, and is working on another PvP game called Roshambo Jackpot.
The Jackpot game operates based on smart contracts, and all aspects including fund raising, game participation, lottery draws, etc. are based on the blockchain. The winning probability of each player in the game depends on their deposits.
Ninja Blaze mentioned an airdrop in the first quarter of 2024 in its roadmap.
News has emerged that Ninja Blaze has successfully raised $206 million. However, no official source could be found to confirm this claim.Ninja Blaze also claims Injective as their partner in the white paper. However, I haven’t seen any official announcement from Injective.
Ninja Blaze is currently participating in the Injective Illuminate Hackathon, an event powered by Google Cloud and co-hosted by DoraHacks.
