Sui ($SUI) token staking ecosystem airdrop guide

Here’s how to

1. Get a Sui wallet

   There are around 5 to 6 wallets that support Sui and its ecosystem, such as Sui’s own Sui wallet, Martian wallet, Suiet wallet and Surf wallet. We prefer to use Sui Wallet as most of the protocols we will use in this guide will only be connecting to Sui wallet.

2. Fund wallet with SUI tokens

   Fund your wallet with SUI tokens. We will be using 600 SUI to do these Sui ecosystem staking tasks to get the airdrops. You can buy SUI from most major exchanges such as Bybit, OKX and MEXC.
   
   Sign up for a Bybit account here!

3. Stake on Volo

   Volo is Sui’s liquid staking platform that offers vSUI as staking rewards. To stake SUI on Volo, connect your wallet to https://stake.volosui.com/. Then, enter the amount you wish to stake and click “Stake”.

4. Stake SUI on Haedal

   Haedal is a liquid staking protocol built on Sui that allows people to stake SUI for haSUI rewards. haSUI tokens can then be used across various DeFi applications in the Sui ecosystem. To stake on Haedal, connect your wallet to https://www.haedal.xyz/stake. Then, enter the amount you wish to stake and click “Stake”. Note that Haedal have not confirmed they will do an airdrop yet, but we think there is a chance they might.
   
   Check out our Haedal token airdrop guide!

5. Lend and Borrow on Scallop Protocol

   Connect to https://airdrop.scallop.io/

6. Complete quests on Scallop Protocol’s Zealy

   Go to Scallop Protocol’s Zealy questpage and complete the quests, these include social tasks, on-chain tasks and quizzes. Here are the answers for Scallop Protocol’s Zealy quiz: B (Scallop is the pioneering Next Generation peer-to-peer Money Market for the Sui ecosystem), C (250,000,000 SCA), A (Lending and borrowing Dapp), A (Kriss and Ann), A (Yes), B (Rust), D (Ottersec and Movebit), A (1st place), C (3rd place), A (True), B (Two), B (Linear static model), C (liquidation mechanism), E (Arrow Capital), C (Move (Base on rust), A (BUSD)

7. BONUS: Delegate SUI to validators

   Delegate your SUI tokens to validators. We will be delegating half of our SUI, i.e. 300 SUI to validators. However, we will not delegate our SUI to any exchanges because it is centralized. Instead, go for any validators that have the word “node” or “staking” in their name. We would also avoid any validators that already have a lot of SUI staked because projects may only reward those who stake with validators outside the top 20.
   
   However, unlike Injective staking, we could not find any nodes by projects that will be doing their own airdrop. So, the purpose of staking SUI to validators here is simply to earn APR with low commission and possibly an airdrop. Note is no guarantee that projects will offer airdrops for staking because the eligibility criteria is up to each project to decide. We do however, see that it is a huge trend in the Cosmos ecosystem to offer airdrop rewards for native staking.
   
   We delegated our SUI to Stakefish because it was the non-exchange node that offered the highest APR (3.94% APR and 2% commission). See here for a list of validators.