Want to participate in airdrops but afraid of losses? Want to increase your holdings' returns but lack extra funds? This combined strategy might be worth a try.

The core idea is actually simple: use your blue-chip assets as collateral, borrow stablecoins like USD1, and then invest these stablecoins into high-yield scenarios. It sounds like a no-risk arbitrage, but in reality, each step can generate returns.

**Why this method can make money**

Traditional airdrop participants face an awkward situation: either put real money into activities like Launchpool or just participate in free airdrops, which often have limited returns. The emergence of USD1 lending changes this game—your principal still appreciates in your wallet, while the borrowed stablecoins can generate independent income, running parallel.

**Numbers speak**

Here's a real example: suppose you hold $10,000 worth of ETH. Collateralize it, borrow $8,000 USD1 with a 2% interest rate. Invest this $8,000 into a Launchpool PT-USDe project with an annualized yield of 20%. At the same time, participate in a popular Megadrop event, possibly earning new token airdrops.

Calculations:
- Your ETH still appreciates (assumed 10% annually)
- The borrowed USD1 yields an 18% interest spread (20% yield minus 2% cost)
- Airdropped tokens could bring an additional 5%-10% return

Adding all three lines together, the overall annualized return could reach around 30%-40%. Simply holding and participating in airdrops alone wouldn't reach this level.

**How to operate specifically**

First, choose mainstream assets with stable prices and good liquidity as collateral, like ETH or BTC; then, use a leading DeFi protocol for collateralized lending to obtain stablecoins; finally, allocate these stablecoins into current hot projects. Each step requires risk assessment, especially regarding collateral ratios and liquidation risks.

The beauty of this approach is that it transforms "holding" and "participating" from zero-sum games into a layered yield structure. Your principal isn't diverted elsewhere—in fact, leverage amplifies your returns.