Introducing the Premier Injective Airdrop Platform

Introducing the initial two airdrops: $PUNK and $BABYDOJO.

Greetings, fellow ninjas,

As we approach the start of an exciting Injective airdrop season, many of us wonder: where can we find a comprehensive resource for all airdrop needs? Currently, there isn’t a platform that aggregates the best airdrops on Injective. This realization prompted the Dojo team to brainstorm: what if we created a communal airdrop platform for all Injective users and projects? These discussions inspired our lead designer and contract developer to collaborate on building an Airdrop calendar/platform, simplifying the airdrop hunting process for users and project owners alike. Before we going into this , it’s worth mentioning that i be talking about two airdrops in this article.

For the Airdrop Platform here:

Case-study: Destiny Punks $PUNK airdrop

As many of us are likely aware, the Destiny Punks team is collaborating with the DojoSwap team to offer a comprehensive airdrop experience for Destiny Punk NFT holders and other members of the Injective community. This groundbreaking airdrop represents the first of its kind on Injective, merging the established NFT community of Destiny Punks with the robust DeFi community of DojoSwap. The outcome? An exciting fusion of possibilities awaits.

From the Dojo team’s perspective, has offered both financial and technical support to the Destiny Punks team.

-Creation of airdrop smart-contract

-Snapshotting of the holders to create a Merkle proof

-A grant of ~$30,000 USD to the Destiny Punks team, with a portion locked in veDOJO for the team to participate in future DOJO governance and a portion to LP formation

-Trading facilities through a DEX listing

-Creation of token & proper token governance

-Collaborative brainstorm sessions to grow both communities stronger after airdrop

As Dojo march towards the launch of the first ever airdrop to be conducted on DojoSwap, now excited by the possibilities for what dojo can achieve on Injective as a whole. More and more serious communities will look towards DojoSwap to launch their tokens. The Dojo team seeks to provide technical help, financial help and advice on structuring launches. With more launches, DOJO get to accrue more fees, and accrue huge mindshare as the top Injective DEX. DOJO holders benefit from constant airdrops by holding DOJO tokens. New communities get to join the bustling ecosystem of the Dojo community as the wealth-effect generated spills over into every single new endeavour. That is the end state we envision, and we start to see this as a reality that we are moving closer towards with each launch.

Now The BabyDOJO airdrop.

Adding to the already bullish narrative, our team aims to elevate it further. In this article, we’re thrilled to announce the DojoSwap token airdrop: the BabyDOJO token. BabyDOJO is the first-ever reflection token in the Cosmos ecosystem. By holding BabyDOJO, you can earn passive income through daily airdrops — a continuous stream of airdrops!

As a reflection token, the BabyDOJO token has the following features:

The token has a 10% transaction tax with 8% being used to buy DOJO to be distributed as dividends (daily airdrop component). 1% of DOJO is bought and burnt (creating a deflationary DOJO). 1% is used to buy BabyDOJO liquidity to deepen trading liquidity (and create a rising price floor for BabyDOJO)

The net effect is that DOJO experiences a ton of buy pressure from the trading volume generated on BabyDOJO. DOJO price has the potential to increase with each trade of BabyDOJO and DOJO becomes rapidly deflationary over time.

A finer look of what this achieves:

For every $1mil in volume traded for babyDOJO, there’s $90k USD of buy pressure on DOJO

The reflection payouts is released to users every day. The more babyDOJO you hold, the greater your reward

On high volume days, payouts will be higher, prompting users to buy more babyDOJO

The babyDOJO trading volume results in buy pressure on DOJO token

With more liquidity being formed for babyDOJO, it allows the token to obtain a rising price floor

With more burns on DOJO, it helps DOJO to become more scarce over time

The BabyDOJO airdrop was built as a perpetual motion machine to allow constant buy pressure on DOJO to increase DOJO price. Technically, if DOJO becomes larger market cap, it inherently raises the value of the babyDOJO token itself as the rewards are now also worth more.

Why launch this airdrop?

DOJO team has thought long and hard about how a buyback and burn simply does nothing to push the needle for DOJO holders. The reason being that DOJO has such huge liquidity that a buyback and burn merely moves price 2 — 3%, and we immediately burn the cash we originally set out with. Instead, we took a fresh look at how we can possibly create more sustainable positive externalities, by utilising an innovative approach. Instead of doing 1 single buyback and burn, we now have built a machine that constantly does buybacks and burns of DOJO based purely on speculation. This is a powerful device that ensures PERPETUAL DOJO burns instead of a $100k pump and dump (buybacks). Instead, the net result of this token is to allow for way more than $100k buybacks of the DOJO token in just 1 week! Imagine prolonging this for months!

The right-curve play for the left-curve holders

This airdrop was built from the ground-up by considering the different game-theoretic possibilities of how the launch can go. The DojoSwap team has built this airdrop in a right curve manner so that DOJO holders can simply play around this airdrop in anyway they wish. Here’s a look at the scenarios:

Scenario 1: BabyDOJO airdrop launched. Mercenary holders decide to sell off BabyDOJO tokens resulting in $1mil USD trading volume on the first day. DojoSwap ecosystem believers still rejoice despite BabyDOJO token price being down, because they get to earn $80k USD worth of reflection fees PLUS $DOJO token experiences $90k USD of buy pressure from the fees generated. Smart traders notice a huge opportunity to buy cheap BabyDOJO as the daily airdrop is potentially worth a good 50% gains. BabyDOJO price starts climbing, and some users decide to sell on the gains. This creates an entire cycle of speculation surrounding 1) Dividends distribution. 2) Price. There’s a different strategy for different types of holders, whether you wish to trade it, or whether you wish to earn dividends. The end result is a system where there’s a playstyle for each different user.

Scenario 2: BabyDOJO airdrop launched. The hype goes insane, and users decide to buy up BabyDOJO instead of selling it. A ton of transaction fees still goes towards DOJO, pushing up DOJO prices. With higher DOJO prices, dividends are also now worth more. More reason to now hold BabyDOJO, and it doesn’t become a sell the news event. Users are more confident in holding DOJO and babyDOJO. At some point, sure users might take profits, but it would no longer matter as the event was a net positive for all holders involved.

In essence from the above airdrop, it is obvious to anyone involved as to how this Airdrop is not a simple “sell the news/airdrop” event. The volume generated from this event will be more than sufficient to negate any DOJO selling (if users still do choose to sell after reading this), and might even push the needle in applying buy pressure on DOJO. As we’ve been teasing; this airdrop will be the biggest airdrop on Injective simply due to the size of this airdrop. We’ve currently opt-ed to provide $0.42 for each $1 of networth you hold of the qualifying tokens. These include DOJO, DOJO-INJ LP, ROLL, ROLL-DOJO LP, KAGE, KAGE-INJ LP — Basically, an airdrop for all ecosystem projects to thank them for launching with us.

Keep updated with DOJOswap

Website: https://dojo.trading/

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