SHILL Issue 168

SOLANA NFT/DEFI/X ECOSYSTEM

Editor 

Airdrops 

Jupiverse 

WeAreRady 

Copycat 

Restaking 

Moonshot 

McDegens 

Smithii weekly 

Solana Airdrops 

Strong Alts 

aMewsing 

Mallow NFTs 

Solarplex NFT

Button Puppins

The Sky is Falling! 

You could be forgiven thinking that the end is here! We had such promising rumours last 

week that VanEck had filed for a Solana ETF, which gave a little uptick to the price of $SOL. It 

sent ripples across the marketplaces, reversing the downward trend across major pfp projects 

(MadLads from 65, back to 100, SMB Gen2 from 24 to 35). $SOL itself was saved from a sub $124 

floor price with an immediate bounce back into the $130 range. 

But it didn't last. Almost as quickly as the rumour appeared and prices started recovering, we saw 

a sea of red across all major crypto. Strangely, pfp projects were holding on to their new floors. I 

don't expect it to be for much longer, and we should see the likes of SMB Gen2 below 20 $Sol. 

All the while, there are a myriad little projects out there that continually grind away. Whether 

there's good news or not. JulesL's AccessProtocol weekly review is such a refreshing take. I think 

it's really important that the offerings on AccessProtocol have a voice like JulesL, otherwise the 

constant DRiP would flood social media. 

DRiP, loved it for what it was doing early on in the piece. But now, it's a constant cacauphony of 

images that I can't keep up with and have become desensitised to. I don't even look anymore. 

There's just too much. 

Over the last couple of #SHILLzine issues we have had RADY [just over there ->]. Saros has 

announced that the Rady NFT and project will be launching on their platform. Personally, I've 

been intrigued for weeks and still have no idea what RADY is about. Soon? 

WIth this issue, #168, I'm putting this together in Seoul, Korea. Next week's issue will be coming 

to your from Porto, Portugal and issue 170 from Amsterdam, Holland. I'm going to try my best to 

keep #SHILLzine as true to its style as possible. We'll see. 

This week was a bit of an effort to source content and NFTs. A slimmed down issue it will be with 

just under 90 pages you can tell that the entire spce just doesn't have that 'buzz' about it. 

Time to dive in. Appreciate what we have this week. There are a few committed to the grind, let 

them know you appreciate it. 

Pixeltoy

Elements Sensei 

Wombats

@sol_nxxn 

Let’s talk about the protocols without points systems that can give us airdrops. 

1. Jupiter (@JupiterExchange) 

The obvious one. The second round of JUP will happen in January and they have 

no points system or leaderboard. To maximize your allocation you should use 

Swap, Limit Order, DCA and other Jupiter features and grow your volume there. 

There are also rumours that your participation in LFG votes and holding such 

assets as JLP and JupSOL will also matter. I recommend to complete all these 

actions to make yourself eligible for the better Tier. (https://x.com/sol_nxxn/status/1789685545351754046…) 

2. Meteora (@MeteoraAG) 

Meteora don’t have any official points counters or leaderboard. But they have a 

method to count user’s activity and volume to give $MET airdrop allocation. To increase 

your allocation, you should just use the platform - simple pools and DLMM. 

I would recommend DLMM because there are more fees you can earn. And their 

hidden points system favour the amount of fees you earn more than amount of 

money you deposited in the pools The full guide you can find here if you need it - 

https://x.com/sol_nxxn/status/1800983777608704221… 

3. Flash Trade (@FlashTrade_) 

8 SHILL Issue #168

Flash Trade is very undervalued protocol itself, especially their pools. They have no 

points system and have never even mentioned any airdrops, but they will have a token 

and I am sure all your activity there will matter. This one is not 100% confirmed but I 

would recommend having exposure! I’m currently providing liquidity in FLP. 1 and fees 

there are decent lately. 

4. Solayer (@solayer_labs) 

Restaking Network on Solana. Already had few epochs for deposits and have their own 

LST - sSOL. They do not have a points system. I’m also sure that such a big company 

with unique products and solid investors will have its own token at some point and such 

early contributions in early epochs will be rewarded! 

All these protocols are still considering all your activity but don’t have a public points 

counter and leaderboard, that’s why they aren’t that over farmed and won’t be diluted 

so much, worth to get exposure to them, especially if you find the products useful!

JupiterExchange 

Over the next two months, the Jupiverse will have 3 critical votes, 2 token launches, and 1 delightful reward 

for Catdets everywhere. 

Here’s the high-level view of where we’re going, together: July kicks off with the inaugural Active Staking Rewards 

(ASR) claim for everyone who voted on proposals from March to June. 

Then, the cloudmen of @sanctumso will be launching the $CLOUD token on the LFG Launchpad. 

Before the end of July, we’ll have the first pivotal J4J vote on reducing long-term emissions and the $JUP token 

supply by 30%. 

August will start with a vote on the continuation of Jupuaries, where users of Jupiter products receive a $JUP 

airdrop. After that, @deBridgeFinance will launch their $DBR token on the LFG Launchpad. 

Finally, there will be a vote on the last element of the new J4J plan on renewing ASR beyond the first 2 quarters. 

If that feels like a lot to keep track of: don’t worry, we got you. Expect detailed content around key JUP ideas 

such as 50/50, Jupuary, ASR, Community Eats First (CEF), and Giant Unified Market (GUM) to be released from @ 

JupiterExchange and @weremeow over this period. 


MEW Token Claws Its Way to the Top of Solana Memecoin Market 

Cats vs. Dogs: MEW Token’s Rise on Solana Blockchain 

In a world dominated by dog-themed memecoins, a new contender has emerged, challenging the status quo with a feline 

flair. Enter MEW Token, the cat-themed cryptocurrency making waves in the Solana blockchain ecosystem. Launched 

on March 25, 2024, MEW is not just another memecoin; it’s a revolutionary project aiming to disrupt the dominance of 

popular dog-themed coins like Dogecoin (DOGE) and Shiba Inu (SHIB). 

Paws for Thought: Strategic Tokenomics 

MEW’s innovative approach starts with its tokenomics. To create a stable price floor and reduce volatility, MEW implemented 

a strategic burning mechanism, incinerating 90% of its liquidity pool tokens. The remaining 10% were airdropped 

to the Solana community, ensuring broad engagement and support from the get-go. This unique approach mirrors historic 

crypto moments like the 2017 CryptoKitties surge on Ethereum, showcasing MEW’s potential to make a significant 

impact. 

Building a Feline Community 

MEW’s strategy goes beyond numbers and charts. It has built a strong, vibrant community through strategic partnerships 

and captivating promotional activities. A standout collaboration with LOCUS Studios, a top-tier animation studio, has 

brought MEW’s cat-themed narrative to life with high-quality animated content. This partnership has transformed MEW 

from a mere token to a cultural icon, resonating with a broad audience.

Looking Ahead: MEW’s Promising Future 

The future looks bright for MEW. Its solid foundation, built 

on strategic token burns and community engagement, 

promises long-term stability and investor confidence. As 

MEW continues to innovate, it aims to lead the pack—or 

rather, the clowder—of cat-themed cryptocurrencies, 

offering fresh opportunities for investors and enthusiasts 

alike. MEW’s journey is one of community spirit, innovation, 

and cultural impact, setting it up for a vibrant future 

in the ever-evolving crypto landscape. 

What Sets MEW Apart? 

MEW Token’s unique cat-themed narrative and strategic 

market positioning distinguish it from the sea of dogthemed 

memecoins. By burning 90% of its liquidity pool 

tokens and airdropping the remaining 10% to the Solana 

community, MEW has crafted a balanced and sustainable 

growth 

model. 

This 

strategic 

approach 

has rapidly 

built a 

strong, 

active 

community, 

propelling 

MEW 

to notable 

heights in 

market cap 

and user 

base. 

Market Performance and Adoption 

Since its launch, MEW has seen impressive growth, quickly 

attracting over 151,380 active token holders and significant 

trading volumes. Its innovative tokenomics and community-driven 

growth have positioned MEW as a promising 

player in the crypto market. As the landscape continues to 

evolve, MEW is poised to lead the niche market of catthemed 

cryptocurrencies, offering a fresh and engaging 

alternative to the dog-dominated space. 

Join the MEWvolution and be part of a community that’s 

not just investing in a token but in a cultural movement. 

Keep an eye on MEW as it continues to claw its way to the 

top of the crypto world.

@saros_xyz 

Introducing @wearerady powered by Saros. Are you RADY? 

RADY 

The premier team of explorers dedicated to uncover the Solana’s secrets. Radies are venturous and innovative 

manlets, always “Rady” to uncover hidden treasures, and create new connections across planets in the Solana 

Horizon. 

SHILL Issue #168 

13

Teaming up with @OstroStudio, Saros is absolutely stoked to bring you the community collection that will take @solana 

galaxy by storm. 

The Solana Galaxy is full of secrets. As a Rady, you are representing a brave, smart and innovative squad from Saros, 

always “Rady” for the adventure of exploring the unknown.

Each planet in the Solana Galaxy has its own unique 

culture, innovation technology & hidden myths. When 

the Rady team arrives, we learn new practices, make new 

friends, discover new materials and hidden treasures, and 

most importantly, join hands to BUIDL the planet to its full 

potential. 

Quick note: HyperRadiance Program is here to help you in 

the Rady Spacecraft onboarding process. Taking off to the 

Solana Horizon. 

So, are you Rady? Sit tight, and here we go. 

From Saros to Infinity and Beyond. 

Be a part of the Rady journey. Direct premiums from Saros 

and Solana Ecosystem during the adventure will be there 

waiting for the most vicious explorers!

Copycat Endeavors and Hype, or a Realm of Genuine Art & Creativity? 

Cheri Wilson 

The Non-Fungible Token (NFT) market has undergone dramatic shifts since its surge in popularity. 

While the initial buzz brought about a wave of innovation and creativity, the landscape 

has since been inundated with copycat projects and hype-driven trends. This phenomenon has 

raised concerns about the authenticity and artistic value within the NFT ecosystem. Moreover, 

the integration of NFTs into emerging areas such as book ePublishing highlights both the potential 

and the challenges of this technology. 

The NFT space has seen a significant increase in derivative and low-effort projects. This trend 

is partly due to the low barriers to entry for creating and selling NFTs. Virtually anyone with 

basic technical knowledge can mint an NFT and list it on a marketplace. This ease of access 

has led to a saturation of the market with projects that often mimic successful ones, hoping to 

capitalize on their popularity without offering unique value or creativity. 

The allure of high financial returns has attracted many speculators, leading to a focus on marketability 

over artistic merit. Trends and memes, often propelled by celebrity endorsements and 

social media virality, have overshadowed more substantial and innovative works. This environment 

fosters a cycle where projects are quickly created to ride the wave of the latest fad, only 

to be abandoned when the next big thing emerges. 

One of the promising areas where NFTs are making inroads is book ePublishing. Authors and 

publishers are beginning to explore NFTs as a way to tokenize books, offering unique digital 

editions and exclusive content to readers. This approach can provide new revenue streams 


and foster a closer connection between authors 

and their audiences. Additionally, NFTs can offer 

authors more control over their work and its distribution, 

potentially reducing reliance on traditional 

publishing models. 

Despite these issues, the NFT space is not devoid 

of genuine artistic endeavors. Many artists 

and creators continue to leverage NFTs to push 

the boundaries of digital art. However, their work 

often gets lost amidst the noise of repetitive and 

superficial projects. 

Scalability Issues 

As NFT adoption grows, scalability remains a 

significant challenge, especially on platforms 

like Ethereum, where high gas fees and network 

congestion can hamper user experience. 

Solutions such as layer 2 scaling and alternative 

blockchains are being explored to address these 

issues. 

Regulatory Uncertainty 

The regulatory landscape for NFTs is still evolving, 

with governments worldwide grappling to 

define their legal status. Clear regulations are 

essential for fostering investor confidence and 

protecting consumers. 

Security Concerns 

The increasing value and complexity of NFTs 

have made them targets for hacking, fraud, and 

intellectual property theft. Robust security measures, 

including secure smart contracts and 

decentralized storage, are crucial for protecting 

digital assets. 

Looking ahead, several trends and developments 

suggest that the NFT market may mature and 

move beyond its current state of hype and speculation: 

Mainstream Adoption 

NFTs are expected to see increased mainstream 

adoption, driven by improved infrastructure and 

innovative use cases. This shift could lead to 

a broader range of industries and applications 

leveraging NFTs for real-world value. Industries 

such as real estate, entertainment, and intellectual 

property are already exploring how NFTs can 

transform traditional practices and unlock new 

opportunities. 

Cross-Platform Utility 

Interoperability will become a key focus, allowing 

NFTs to move seamlessly across different blockchains 

and ecosystems, enhancing their liquidity 

and utility. Projects like Polkadot and Cosmos 

are pioneering this movement, enabling greater 

flexibility and usability for digital assets. 

Sustainable Practices 

The NFT industry is increasingly prioritizing sustainability, 

with efforts to reduce the environmental 

impact of NFT transactions. This shift is critical 

for the long-term viability of the market. Solana, 

in particular, is leading the pack in this regard; 

offering a blockchain known for its energy efficiency, 

ease of access, and affordability. Solana’s 

low transaction fees and high throughput make 

it an attractive option for creators and collectors 

looking for environmentally conscious solutions. 

Integration with Virtual Worlds and Gaming 

The gaming industry and virtual worlds are set to 

be major drivers of NFT adoption, creating vibrant 

ecosystems for buying, selling, and trading 

digital assets. Games like Axie Infinity and virtual 

worlds like Decentraland and The Sandbox show 

how NFTs can create new economies and enhance 

user engagement. 

Community Growth through Web3 Adoption 

and Beyond 

The only real way to grow NFT communities is by 

bringing new people into the Web3 ecosystem. 

This requires education, accessible platforms, 

and user-friendly experiences to help mainstream 

audiences understand and engage with blockchain 

technology. However, reaching beyond the 

online ecosystem is equally important. Offline 

initiatives such as workshops, exhibitions, and 

collaborations with traditional art institutions can 

play a vital role in introducing NFTs to a broader 

audience. By lowering the barriers to entry and 

emphasizing the benefits of true ownership and 

digital asset security, the NFT community can 

attract a more diverse user base. 

While the NFT space is currently grappling with 

issues of copycat projects and undue hype, 

there remains a core of genuine, innovative art 

that holds promise for the future. As the market 

evolves, addressing scalability, regulatory, and 

security challenges will be crucial for unlocking 

the full potential of NFTs and ensuring that true 

artistic value can flourish amidst the noise. Moreover, 

integrating NFTs into new domains like 

book ePublishing can further expand their utility 

and appeal. 

For a deeper dive into these trends and challenges, 

you can explore more detailed discussions 

on platforms like HackerNoon, Clementius, and 

Simplilearn.

@sol_nxxn 

Restaking is transforming the way we enhance Solana. 

Here’s how it works and why it’s cool - @solayer_labs 

1. Restaking 

Solayer is building a restaking network on Solana to enhance security and infrastructure for developers and 

improve the experience users have when using dApps. Restaking is a concept in security that enables you to 

use your tokens more than once to secure multiple networks. And Solayer leverages the economic principles of 

staking to enhance the security of Solana’s base layer. In simple words it’s like liquid staking your SOL to get an 

LST - sSOL, but you will also help to make the whole network more secure! 

2. How it helps the network 

It is a shared validator network that secures and powers other Solana-integrated systems. SOL is traditionally 

used to secure Solana L1. Solayer makes it possible to extend stake towards dApps to secure network bandwidth 

and off-chain systems like oracles, bridges. Simply, Stakers can provide more utility and earn more yield, Apps can 

have higher TPS and better security! 


3. More interesting details 

Solayer uses staked assets to provision Quality of Service (QoS) at the validator level. This means that more stake equals 

more transmission allowance on the validator, which translates to a higher success rate for dApps sending transactions 

to the epoch lead. They envision a future marketplace for such bandwidth allowances and also use staked assets to 

secure other distributed systems. 

Allocation of network resources such as block space and transaction processing capacity is fundamental for any chain, 

especially Solana. This is why Stake-weighted Quality-of-Service (stQoS) is of such importance to them. 

What is stQoS? It’s a feature that enables block producers to prioritize transactions as an additional Sybil resistance 

mechanism. It allocates network resources based on stake, so more stake means more resources and a higher likelihood 

of transaction success. This is especially beneficial for validators who pair with RPC nodes. Through stQoS, validators 

with higher stakes can transmit more packets, ensuring better service quality and increased Sybil resistance by preventing 

low-stake validators from flooding the network.

4. Numbers 

Now, Solayer has $85M TVL and almost 50,000 depositors. Episode 1 is now live, which means depositors could claim 

their rewards. Based on the deposit amount, you will get a snapshot of where you are and what rank you have, which 

will be revealed at the end of EP 1. Extra credit and referral boost will be considered as well. 

5. Summing it up 

The product is unique and important for the ecosystem, that’s why people like Toly are supporting them. Similarity with 

Eigenlayer is obvious, it’s also restaking but on Solana and while EigenLayer only supports exogenous AVSs (bridges, oracles), 

Solayer offers both but prioritizes endogenous AVSs (swaps, DeFi dApps, marketplaces etc.) It’s amazing to have an 

opportunity to highlight such important products!

Pump.fun vs. Moonshot 

Profile / X 

DEX Screener launched Moonshot last week as a direct rival to Solana meme coin factory Pump.fun. Both platforms 

aim to offer an easy way to launch crypto tokens. 

Although broadly similar, both platforms have their own unique perks and quirks that may see users lean towards 

one platform or another. 

Pump.fun launched at the beginning of the year, soon it was used to create huge tokens like Michi, Billy, and a 

slew of celebrity meme coins from the likes of Caitlyn Jenner and Jason Derulo. It’s also been the starting point 

for a wide array of political meme tokens inspired by the likes of Trump and Biden. Not to mention the degenerate 

livestream meta. Pump.fun undoubtedly has a first-movers’ advantage. 

As for Moonshot, it’s only a week old—but it has quickly caught the attention of the industry. DEX Screener was 

an already established tool in the meme coin space, and is attempting to funnel users into its new offering. 

We compared the two meme coin creation protocols to help determine which is the best place for you to launch 

your next viral token. 

Meme coin security 

One of the biggest selling points for DEX Screener is its focus on security and transparency. DEX Screener says 

that its launchpad ensures that all the smart contracts behind meme coins launched on the platform are fully 

audited. 

This comes after Pump.fun was hacked by a purported ex-employee who claimed the protocol had numerous 

security flaws, raising concerns within the community. 

“There’s no public information available on audits or security contests for DEX Screener or Moonshot,” Immunefi 

Head of Triaging Adrian Hetman told Decrypt. “So, it is difficult to assess their claimed audit level or code quality 

for their launched tokens. At the moment, there’s no proof behind the statement.” 

As for security measures that everyday investors can exercise themselves, Pump.fun recently implemented 

blockchain visualizer Bubblemaps into the protocol. 

This allows investors to see how much individual wallets hold, and which wallets have interacted with each other. 

Equally, you can see the holder distribution in list form, as well as a list of the trades made on the site. 

DEX Screener has similar features, with a list of holders and recent trades. But it’s worth noting that Pump.fun 

appears to only record trades made through the protocol. 

Ease of meme coin launches 

Pump.fun saw success mostly due to how easy it was to launch tokens on the platform. All you have to do is fill in 

your desired token name, ticker, description, and attach a photo before you pay 0.02 SOL ($3) to bring it to life. 

This isn’t any different than using Moonshot, even down to the fee you pay to launch. Both platforms let you add 

social media accounts to your token page, although Moonshot allows you to add more links. Again, both protocols 

give you the option to buy an initial portion of the tokens. 

In this category, both platforms appear nearly identical in functionality. Simply connect your wallet, fill in the 

short form, and pray your meme coin reaches the moon. 

SHILL Issue #168 

21

launch a meme coin on Moonshot. Image: DEX Screener. 

Tokenomics 

How to 

On Pump.fun, tokens must reach a market capitalization of approximately $60,000 for the bonding curve to be fulfilled, 

which thus leads to the token being launched on Solana decentralized exchange Raydium. This is the primary goal for 

every newly launched token on the platform, potentially reaching many more traders in the process. 

As for Moonshot, tokens must reach a market cap of 500 SOL ($73,000) before the project migrates to Raydium. This is 

slightly higher than Pump.fun. But the way it works on Moonshot, the platform will automatically burn 150 million to 

200 million tokens to create a deflationary effect that could boost the token’s value over time. 

But take note: It’s still unclear what determines the exact amount of tokens burned. 

Neither platform allows token pre-sales and both cap the meme coin token supply at 1 billion. 

Aesthetic and history 

When it comes to meme coins, tokenomics often feels secondary to aesthetic and cultural relevance. 

Due to being the first mover, Pump.fun has a natural advantage when it comes to its place in crypto culture. In addition 

to this, the protocol embraces the degenerate side of crypto with the site looking similar to a 4chan board—especially 

its message thread. 

Conversely, Moonshot leans more into the digital native nature of the platform, opting for a Monster Energy-like color 

palette full of neon green. This, combined with the site’s rounded edges and modern buttons, makes the site look a bit 

more clean and professional in comparison to Pump.fun’s all-out degen vibes. 

Stats compared 

Let’s get nerdy with it and compare stats. 

Since its launch, Pump.fun has been used to generate a whopping 1.2 million meme coins, while Moonshot has launched 

26,000 on behalf of users, according to Dune dashboard data. It’s important to remember that Moonshot launched last 

week, whereas Pump.fun opened its doors at the start of the year. 

Comparing the daily stats, Pump.fun still dwarfs Moonshot, launching 9,000 tokens on Sunday compared to Moonshot’s 

1,700 tokens. 

This obviously translates into revenue, with Pump.fun bringing in $600,000 while Moonshot made only $80,000, according 

to DeFi Llama. Pump.fun clearly takes the cake in this category. It’s currently the 11th most profitable protocol 

on DeFi Llama, so this is no surprise. 

The two platforms see eye-to-eye on most things. Pump.fun leads in some categories right now, mostly due to its first 

mover advantage, while Moonshot is attempting to be the more polished platform claiming to have better security. It’s 

similarly easy to launch Solana tokens on both platforms, so play around with them and see which offers the best fit.

Pump.fun pages are reminiscent of 4chan. 

On Pump.fun, you can sort and order every token on the platform how you please, from the last reply to the highest 

market cap. You have five options for sorting listings on Moonshot, but not one that allows you to sort tokens by their 

market cap. 

It’s a feature that, on Pump.fun, makes it easy to see the platform has been the launchpad for tons of successful meme 

coin projects, including Michi, Iggy Azalea’s MOTHER, and Shark Cat. 

As for Moonshot, it’s hard to tell. One of the most successful tokens from the platform thus far is FIRST, with a $1.2 million 

market cap. For the sake of comparison, Pump.fun-launched Michi has a market cap of $140 million. 

Moonshot opts to keep it sleek and neon green.

SOLANA ETF 

We will tell you even more, 2 SOL ETFs are being prepared right now and could be accepted very soon. Such a big 

demand on Solana and its ecosystem right now. 

We are moving in the right direction! 

NFTS ARE BACK 

Recent NFT mints showed an obvious strength, such as GigaBuds and Sensei Pandas. 

The biggest Solana NFT collection got swept for almost $1M and back to 100 SOL floor price. 

Maybe we are getting the NFT season back soon! 

NEW DEFI PRODUCT 

AdrasteaFinance finally released the first version of their product. 

Very anticipated DeFi product built on top of Jupiter’s JLP token is live in beta and collecting people’s feedback. 

SOLANA SUMMER 

We will probably see more than 5 airdrops during this summer - Sanctum, Kamino S2, DeBridge, Exchange Art, 

Divvy Bet and still unknown if Grass will drop this soon or not. 

Solana Summer isn’t stopping! 

CRYPTO ADOPTION IN JAPAN 

Japan is going to have their crypto exchange soon. They announced it today. 

A lot of crypto adoption events happened in Asia during this year and even more will come. Crypto is all over the 

world. 

LULO: DEFI SAVINGS ACCOUNT 

Have you ever imagined to have your savings account with bigger APY right on Solana? 

Lulo (Twitter) is Solana Lending Aggregator. 

It includes such platforms like @KaminoFinance , @DriftProtocol , @marginfi , @mangomarkets and @solendprotocol 

into its system. 

The concept is very easy. You can just deposit your USDC here and the platform will automatically lend it with the 

protocol that has highest APY right now. 

It reroutes the funds every 60 minutes to the provider with the best rate to earn maximum yield for your stables. 


That’s how such DeFi savings account can make up to 15% - 17% APY on your USD. 

But one more interesting detail. 

It also allows you to farm all those mentioned protocols from the wallet you are using Lulo, so by using the platform you 

will farm points in all 5 lending protocols which will help you to get additional airdrops at the end of the farming seasons. 

HOW TO MAKE YOUR STABLES WORKS 

There are many ways to use your stables to generate yield on Solana, let us show you some of them! 

1. Lulo 

We already told you about this one above. 

It’s an automated lending so you can just deposit your USD here and relax, it will be finding the best rates for you to 

have the highest APY up to 15% 

2. Jupiter LP ($JLP) 

It’s an LP token. Big part of Jupiter perps fees from traders are going there, that’s how the money is flowing there. 

But so far, JLP has been showing great performance and going up only over time and provides a very decent APY just by 

holding an LP token. 

3. Drift Protocol USDC Vault 

Drift has their own Insurance Fund Vaults, including USDC vault with the current APY around 22$ which is very good. 

They actually share their revenue with the stakers and allocate it every hour proportionate to staked amount. But APY 

here isn’t stable and can be around 40% and also go to 12% - 15%, but still an amazing product from trusted team that 

will generate some yield for you.

Hippocreate

Mireyita

phs14

wetiko

Button Puppins

Creation of Wonders

0xMilad

Ali Jahanara

pacon76studio

sneketoshi

Artbella

kilio

Lady Noire

Michael Schusser

Philip Watson

erkayozcan

@jussy_world 

Weekly update on Solana Airdrops. 

Jupiter, Sanctum, Zeta Market, RainFi, Parcl, Saku Monsters 

@JupiterExchange 

In short, Juply will be one of the biggest months for Jupiter: » PPP (Player pump player) Memecoin 

experiment. (Currently, the team will review everything and prepare for the launch) » $CLOUD, $DBR 

launch in the next month » New product launches (Mobile Trading App?) » Jupiter Merch To prepare for 

this, it is better to buy some $JUP. 


@sanctumso 

They launched Sanctum Profiles (in beta), everyone can make profile, after that connect social accounts. » 

Deadline is 0000hrs EST 1st July 2024. After that, all profiles will be locked temporarily for $CLOUD launch. 

Your profile will serve as a criterion for $CLOUD launch. Launch of $CLOUD will be at the beginning of July 

on LFG launchpad. 

@ZetaMarkets 

Successfully launched $ZEX Airdrop, everyone’s results are different (who spent how much on the fee and on 

the trade) » First day token price $0.18 - $0.3, right now price down by -30%, $0.13. By staking $ZEX, you will 

be eligible for another 2% $ZEX Airdrop.

@RainFi_+ @switchboardxyz 

= 2 Airdrops By simple use of “Switchboard Orcle on RainFi” you will be eligible for 2 Airdrops, Droplets 

and Orbs. » I don’t know if Snapshot for Orbs already done (you can check your eligibility on the website) 

but snapshot for Droplets will be soon. 

@Parcl 

Perpetual points S1 ends in few days, so we will see more $PRCL allocation in July. » Also, $PRCL staking 

is coming 1 epoch = 7 days. The initiation of the first epoch will be announced next week. If you want to withdraw 

tokens, you will have to wait 5 weeks.

@sakumonsters 

Announced new FREE seasonal egg (Wood egg) could be claimed 15–20 minutes after the official tweet. » 

Click the notification to open a game. Earn tokens based on your results. Once the game is on Mainnet, you 

can “Sell the tokens”. Turn on notifications on their account so you don’t miss another egg.

y ChefGunny.sol 

A look to the charts of the strongest tokens within the Solana ecosytem, and why this is a pivotal 

period in the markets. 

First up is none other than Solana’s $SOL token itself. As shown below, the price is at the same level 

as exactly four months ago, which reflects the ‘boredom’ in the markets currently. Compared to most 

altcoins, $SOL is holding up well, managing to hold its ground above the low that formed on May 1st 

at $119. The 0.382 line, beneath the 50% level is a key price level that $SOL will need to overcome to 

push upwards. 

$SOL 1D TF 

You can see that $SOL has indeed flirted with this line on many occasions in recent months, both from 

the upside and the downside, even selling off abruptly from this level in the recent session. Whilst 

$SOL is technically ‘weak’ below both the 0.5 and 0.382, the swing indicator (yellow) highlights a recent 

change in trend and is certainly one to watch for the next leg up. 


$DRIFT 1D TF 

Considering that most of the market is bleeding day-by-day, it is encouraging to see such strength in $DRIFT. 

To the downside, there is plenty of support at the $0.46, $0.40 and $0.33 levels, each marking a considerable 

area of previous support as shown. In the other direction, there is little obvious overhead resistance apart from 

$0.58 and $0.69, the two swing tops highlighted in yellow. This lack of previous price action to the north of the 

market is a key factor as to why $DRIFT could perform very well, should it continue its upward trajectory. 

$BONK 1D TF 

Dropping down to the 4H timeframe, we can get a little closer to the market action, and look at the shorter term 

trends. This is important because long-term trends form only from shorter term trends, such as the 4H. As you 

can see, there has been an obvious shift in the market direction in recent sessions, with $BONK now printing 

consecutive higher lows, and higher highs. It is still early days, but this could indicate the beginning of a larger 

uptrend for $BONK. 

Finally, $RNDR. Having already seen a monumental increase from $0.28 to $14, almost a 50x, it’s no surprise 

that it has spent the past few months within a range. It is my opinion that this is major reaccumulation, before 

heading further upwards. In terms of the chart, like the others mentioned, $RNDR is one of few to maintain its 

earlier bottom, and whilst it is approaching that level, it has not broken it YET. This is key. 

$RNDR 1D TF

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SHILL Issue 168

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