Unlock Potential Gains: 10 Bitcoin Protocols with Points Programs Poised for Airdrops

Summary:

Bitcoin's ecosystem is adopting points programs as a signal for potential token airdrops.
Protocols like Solv Protocol and Babylon are leading the charge with innovative staking options.
Users can accumulate XP and kernels as part of their engagement strategies.
The trend of points programs is rapidly growing, especially in 2023 and 2024.

Bitcoin's ecosystem is witnessing a surge of points programs as various protocols explore innovative avenues for user engagement. These programs are seen as potential indicators of upcoming token airdrops. Here's an overview of ten prominent Bitcoin protocols implementing these programs:

1. Solv Protocol

TVL: $1.8 Billion Solv Protocol allows users to stake Bitcoin through its product, SolvBTC, enabling participation in various DeFi activities across multiple chains. Users can earn XP points, which may translate into future airdrop tokens.

2. Babylon

TVL: $1.6 Billion Babylon enables BTC staking and has launched a points program to track contributions from Bitcoin holders, preparing for future rewards.

3. Lombard

TVL: $693 Million Lombard aims to enhance Bitcoin's utility beyond a store of value, offering Lux points for LBTC usage.

4. Bitlayer

TVL: $387 Million Bitlayer, a Bitcoin Layer 2 blockchain, has initiated the Racer Center points program, planning future $BTR airdrops.

5. Corn

TVL: $351 Million Corn uses tokenized BTC as gas for its Ethereum layer 2 network, rewarding users with kernels in anticipation of the CORN token airdrop.

6. PumpBTC

TVL: $224 Million PumpBTC allows BTC holders to earn yield on tokenized representations of Bitcoin while accumulating points for potential rewards.

7. Bedrock

TVL: $220 Million Bedrock integrates with Ethereum's EigenLayer, offering Diamonds as points to incentivize loyal users.

8. Echo Protocol

TVL: $146 Million Echo focuses on introducing restaking solutions for BTC, with users earning points through various activities.

9. Lorenzo

TVL: $163 Million Lorenzo enables users to stake Bitcoin and earn points for participating in the DeFi ecosystem, with future airdrop plans.

10. Build on Bitcoin (BOB)

TVL: $103 Million BOB combines Bitcoin and Ethereum technologies, offering a points program called spice to incentivize user engagement and governance participation.

These protocols are at the forefront of innovation in the Bitcoin landscape, leveraging points systems to engage users and hint at future token distributions.

Source: Unchained