Crypto

Last updated on April 9th, 2023

Goerli Ethereum is becoming more like a rare commodity, and here are my top 9 methods to get your hands on some of these tokens:

If you prefer a video guide, you can check it out here:

Platform #1: Alchemy

Alchemy’s Goerli faucet has been the most reliable one so far,

however, you only get 0.02 ETH/day.

You’ll need to create an account on Alchemy too, but it is rather straightforward and you can link it to your Google account.

If you still need more Goerli ETH, you can check out the others below:

Platform #2: Goerli PoW Faucet

This platform requires you to mine Goerli ETH via your computer, and it may take up quite a bit of processing power.

You may have to wait a while to mine ETH, and so far I usually mine about 0.15 ETH per 6 hour session.

This could be a method where you use an older computer to mine these ETH, just like how you’d mine other tokens.

Do you find it overwhelming to track all of the different airdrops that are available?

I’ve created an airdrop tracker of all the different networks and projects that I’m keeping an eye on,

and you can gain access to it by signing up for my Substack newsletter! The link to this Notion site will be included in the welcome email.

Platform #3: QuickNode

QuickNode’s faucet mentions that you can receive up to 0.15 ETH if you tweet about the platform.

If not, the usual rate will be 0.05 ETH per 12 hours.

However, the platform is experiencing high demand for this testnet ETH, so it told me that I needed to wait 128 hours before I could receive my ETH!

Platform #4: Paradigm

Apart from Goerli ETH, you can receive DAI and WETH on Goerli, as well as testnet ETH on other networks (Polygon Mumbai, Optimistic Goerli and Moonbase Alpha) with Paradigm.

You can only request these tokens every 24 hours, and there have been times when I was not able to claim from it because the funds have been fully drained.

Platform #5: AllThatNode

This platform mentions that you can claim 0.025 ETH every 24 hours,

but so far, I’ve not been able to claim any ETH from it due to its high demand.

Platform #6: Authenticated Faucet

This platform requires you to post on Twitter or Facebook to promote the platform, and you can get up to 6.25 ETH every 9 days.

However, I’ve been unable to claim from this faucet as of yet.

Platform #7: Goerli Faucet.org

This faucet has been drained of all of its funds ever since the 26th of February,

but you could get up to 0.2 ETH/day.

It’ll be good to follow their Telegram group to get the latest updates when the faucet is refilled.

Platform #8: Orbiter Finance

This bridge allows you to transfer ETH from other testnets, including:

1. Linea (Consensys zkEVM)
2. Scroll
3. Taiko
4. Base

If you’ve previously bridged Goerli ETH to any of these testnets, it’s possible to use Orbiter Finance to bridge it back to the Goerli testnet.

You can consider using Orbiter Finance on the mainnet, as they have not released a token yet, and they could do it in the near future!

Here’s a guide on how to potentially qualify for the airdrop, or you can check out my video guide below:

Platform #9: Testnet Bridge

This bridge by LayerZero allows you to bridge real-life ETH on the Ethereum mainnet, Arbitrum or Optimism to Goerli ETH.

I would suggest not to bridge ETH on the Ethereum mainnet, as the gas fees can be rather high.

My transaction took a few minutes, but I was able to bridge almost 10 Goerli ETH from 0.001 ETH on Arbitrum.

This would be a great method if you’re willing to spend a bit of money, and you would be able to have enough Goerli ETH to try out all of the testnets.

Conclusion

As there are more and more testnets that are coming up, Goerli ETH is a precious commodity for you to interact with these networks and potentially qualify for an airdrop in the future.

You can check out my guide on the Consensys zkEVM where you can use your funds on Goerli and bridge it to this network.

Do you find it overwhelming to track all of the different airdrops that are available?

I’ve created an airdrop tracker of all the different networks and projects that I’m keeping an eye on,

and you can gain access to it by signing up for my Substack newsletter! The link to this Notion site will be included in the welcome email.

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Last updated on April 3rd, 2023

Bridging to any Layer 2 is really easy with Orbiter Finance, and the best part is that you could be rewarded for this too!

While they’ve denied having a token YET,

here are some things you could still do to qualify for its future airdrop:

Step #1: Bridge as much as possible on the platform

You can use Orbiter Finance to bridge ETH across multiple Layer-2s, such as zkSync Era, Polygon’s zkEVM and StarkNET.

The fees should be rather cheap if you are bridging between Layer-2s like Polygon or Arbitrum, while Orbiter charges at most $5 USD per bridging transaction.

Step #2: Join Orbiter’s guild

You can join Orbiter’s guild that will allow you to receive a role on their Discord channel.

To get the Trainee Pilot role, you will need to perform at least 3 bridging transactions on Orbiter.

I will be trying to get the Pilot role by bridging at least 10 times, but don’t forget that each transaction will cost you some fees too!

Conclusion

These 2 steps could help you to get the airdrop when it’s live, and your role in Orbiter’s guild would most likely determine your token allocation.

Do you find it overwhelming to track all of the different airdrops that are available?

I’ve created an airdrop tracker of all the different networks and projects that I’m keeping an eye on,

and you can gain access to it by signing up for my Substack newsletter! The link to this Notion site will be included in the welcome email.

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Do you like the content on this blog?

To receive the latest updates from my blog and crypto in general, you can follow me on Telegram, YouTube and Twitter.

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Last updated on April 17th, 2023

The Consensys zero-knowledge Ethereum Virtual Machine (zkEVM) (now rebranded as Linea) launched its testnet on the 28th of March, which was just one day after Polygon’s zkEVM launch.

Since it’s still in the testnet, you could possibly qualify for Consensys’ future airdrop without incurring any costs, and here are some of these steps you can do.

If you prefer a video guide, you can check it out here:

Step #1: Bridge your funds to Linea’s testnet

We are using testnet tokens, and you can get some Goerli ETH from a faucet, and then bridge it to this Layer 2.

The bridge that we’re using is the testnet version of Hop Exchange, and we can bridge our funds from Goerli to Linea.

You may need to pay some gas fees for this transaction, and depending on the congestion, it may take a while before your funds are bridged over to Linea.

If you need some Goerli ETH, check out my guide here where I show you some methods I use to get these precious tokens.

Step #2: Add the Linea network to Metamask

To view the tokens that you have on the Linea testnet, you will first need to add this network to your Metamask wallet.

This can be done by going to Linea’s documentation, and copying the network details that you see here:

Now that we can view our tokens, the next step is to perform lots of transactions on the network.

You can view all the decentralised applications that you can interact with in Linea’s ecosystem guide.

Step #3: Uniswap

You can swap tokens using Linea’s fork of the Uniswap decentralised exchange.

Right now, the main swap you can perform is wrapping ETH on Linea to wrapped Ethereum.

It may be possible to add liquidity in the future, so that’s something you may want to keep an eye out for.

Step #4: MES Protocol

MES Protocol is another swap platform, but you can perform both market and limit orders.

However, I experienced some issues where I could not trade my Ethereum for USDC on this platform.

Step #5: ghostNFT

I’m not too sure what exactly this platform does, but I provided some ETH as collateral to certain NFTs.

ghostNFT now has a free NFT mint,

and here was the NFT that I received.

Step #6: FWDX

This is a P2P platform, and I’m not too sure how it exactly works either, but I just minted some BTC and created an order.

I had some problems with filling an order, so I only created an order.

Step #7: Orbiter Finance

This was not covered in the video, but you can use Orbiter Finance to bridge your funds from Linea to other testnet layer 2s, like Taiko or Scroll.

The process is a bit wonky right now, and I currently have some ETH that I bridged from Scroll to Linea and it’s stuck as pending.

Orbiter Finance may also have a future airdrop, so you can try bridging your funds on the mainnet too!

Do you find it overwhelming to track all of the different airdrops that are available?

I’ve created an airdrop tracker of all the different networks and projects that I’m keeping an eye on,

and you can gain access to it by signing up for my Substack newsletter! The link to this Notion site will be included in the welcome email.

Step #8: Jumper Exchange

Another cross-chain bridge you can try out is Jumper Exchange. Similar to Orbiter, it seems that you can bridge your funds on Linea to either Goerli or the Polygon testnet.

Step #9: EchoDEX

You can swap tokens and add them into a liquidity pool on this decentralised exchange.

What’s more, you can claim a free NFT too.

Conclusion

The key is to carry out various transactions so that your wallet address will be whitelisted as an active contributor to the network, which could give you a greater allocation of the token.

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Last updated on March 31st, 2023

The Metamask airdrop is one of the most anticipated token airdrops, and you can qualify for it by using some of the features on the portfolio dashboard.

However, you may want to note that the fees that Metamask charges for every swap are extremely high at 0.875%, so you will lose quite a bit of your swap in fees.

The rumour is that the snapshot will be done on 31st March, so it’s best for you to complete these steps ASAP!

Here are the main steps you can do on the dashboard, as well as some other bonus steps you can perform outside of Metamask too.

If you prefer a video guide, you can check it out here:

Step #1: Using Metamask Swap

Metamask’s swap feature allows you to swap tokens on 6 different networks, including Ethereum, Polygon, BNB Smart Chain, Avalanche, Arbitrum and Optimism.

On top of the high swap fee that Metamask charges, you will need to pay some gas fees for every swap.

Before interacting with any smart contract, you will also need to perform a token approval, and you can learn more about this in my video here.

Most users on Twitter suggest that you will need to make 4 transactions, with a total volume of USD $1,000.

However, I do not have that many funds to play around with and the fees are too high, so I’ve only swapped around 100 USDC 6 times.

In total, I lost about 6 USDC in fees when swapping between USDC and USDT, and around $1 worth of fees that I paid to the Polygon network.

Step #2: Using Metamask Bridge

Metamask gives you the option to bridge your funds between the 6 networks mentioned earlier, like Ethereum, Polygon or Arbitrum.

This is done with their partner bridges, including the likes of the Celer Bridge or Hop Protocol.

I bridged my funds from the Polygon network to Avalanche, then to Arbitrum and Optimism, and finally back to Polygon.

The fees are quite high and it would cost you around 1 USDC per bridging transaction.

It may be good to perform 4 different bridging transactions, which could help you to qualify for the airdrop.

Step #3: Using Metamask Stake

Metamask allows you to perform liquid staking on the portfolio dashboard too, but this is currently only limited to Ethereum on Lido or Rocket Pool.

I’ve decided not to perform this step as the gas fees are just way too high to stake Ethereum.

You can find out more about staking Ethereum in my video here:

Step #4: Purchase an ENS Domain

I’ve been holding back from purchasing this domain for a very long time because of the high gas fees on Ethereum, but I’ve finally decided to get one for this airdrop.

The entire amount that I paid was about $10 USD in ETH for the actual registration (for 2 years), and around $20 USD of ETH for the 3 transactions involved in purchasing one domain.

This is just a rumoured step that could help you gain a large allocation of the airdrop, so it’s optional because of the high costs involved.

Step #5: Create a multi-sig wallet on Safe

The last possible step is to create a multi-sig wallet on Safe.

The good news is that Safe allows you to create this wallet across different networks, and I’ll be creating mine on Polygon due to the lower gas fees.

All of the

Conclusion

It may not be that worth it to try and qualify for this airdrop, especially since each step can cost quite a large amount of fees.

However, you may never know and hopefully, we could still get some allocation of the tokens!

Do you find it overwhelming to track all of the different airdrops that are available?

I’ve created an airdrop tracker of all the different networks and projects that I’m keeping an eye on,

and you can gain access to it by signing up for my Substack newsletter! The link to this Notion site will be included in the welcome email.

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Do you like the content on this blog?

To receive the latest updates from my blog and crypto in general, you can follow me on Telegram, YouTube and Twitter.

Are you passionate about personal finance and want to earn some flexible income?