Hotstuff Labs
Airdrop (Retrodrop)

To participate in the potential Hotstuff airdrop, you need to trade on its Perp DEX and earn points distributed weekly by the platform. The app is currently in alpha and requires a referral code to start trading.

First, look for codes in the comments under Hotstuff's posts on X.

Then, deposit funds and start interacting with the platform to rack up points. There are currently two main ways to generate points:

• Trading Activities

Trade and hold open interest on Hotstuff to earn points. The most efficient approach is the delta-neutral strategy.

You can either create two Hotstuff accounts or pair it with another Perp DEX, such as Ethereal, Pacifica, or Extended, and open opposing positions simultaneously. To keep your margin healthy, we suggest opening opposite-direction positions across two assets, BTC and ETH, at a 1.5x ratio.

In practice, this means going $7,500 long on BTC and $5,000 short on ETH on one platform, with exactly the reverse on another Perp DEX. Historically, ETH runs at ~1.5x BTC's volatility, which helps offset price swings and keeps your liquidation price at a stable distance.

• Liquidity Provider Vault

Deposit into the Hotstuff Liquidity Provider Vault to passively earn points alongside vault APR, currently sitting at ~100%. If managing a delta-neutral strategy feels like too much, this is your go-to.

Keep in mind, though, that the vault APR is not fixed and can occasionally turn negative under certain market conditions, and points earned through liquidity provision will likely be lower than those from active delta-neutral trading.

Good Luck! 🍀