Insightful Insiders Premium #5 - Things I Wish I Did Much Earlier When Learning How to Farm Airdrops

Experience + time = constant improvements and optimizations

When I first started farming airdrops over a year ago deep in the Bear market of 2022-2023 I was completely in the dark just like most people starting out. Despite this over time I continuously improved through pure grit, experience, and constant trial and error.

There are many valuable lessons that I learned through that learning experience. While many of these were small improvements, when compounded together they have saved me a significant amount of time and money cumulatively.

I’ve distilled a few of these lessons below so you can learn from my mistakes.

1/ Create bookmarks and folders - This includes all relevant Dapps and links that will be used repetitively or you may revisit in the future.

This keeps you organized and saves you time by not having to remember which Dapps, applications, social campaigns, and guides/twitter content is relevant to each specific chain or project your farming.

2/ Log and track progress using a spreadsheet

• This saves you significant time not having to remember which interactions you have done on what wallets and when. Since its often (and recommended) that several days and weeks have passed before adding more interactions on a wallet you’ll need a spreadsheet to keep track of this progress.

• You are not going to remember your past interactions unless you comb through that wallets specific past txn (transaction) history which wastes a large amount of time

• If you don’t want to create your own spreadsheet I have created some that you can buy or use this free limited example given to use a rough guide/template to slowly craft your own. More info regarding this in at the end of this post in the footer of this email or you can check out the spreadsheet store page here: https://insightfulairdropguides.mysellix.io/

  

3/ Onchain Data = Alpha

Using @DuneAnalytics dashboards (and other similar tools) gives you alpha of the wallets your competing with for a particular Dapp/ecosystem

• Tells you what wallet thresholds you need to hit to be within the top 20% to 5% of all wallets (goal should always be to get within at least the top 20%)

• Also gives you a sense of how competitive or underrated a certain chain/protocol will be to farm

• An example is this LayerZero dune dashboard by Copilot which goes over various wallet metric thresholds