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solana-labs / ecosystem

Project files for Solana ecosystem members
https://solana.com/ecosystem
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Add Category for Faucets #904

Open CMEONE opened 2 years ago

CMEONE commented 2 years ago

There are a few faucets now for Solana, and faucets play a key role in the Solana ecosystem as they help onboard users and cover the costs of fees, especially when users accidentally stake all their Solana or trade it all for an SPL token and are stuck without any Solana to pay for the fees to unstake or trade back. I suggested in my PR #247 which was recently merged that a faucets category be added. Please let me know if there is anything I need to do on my end, as the GitHub Actions bot flagged my PR after it got merged for having the faucets category which was not yet present on the website.

AlimangoStudio commented 2 years ago

can this be used for airdrop participants to claim their token instead of us airdropping it to them or purely staking? whats your project?

CMEONE commented 2 years ago

Our faucet is built primarily as a way to give small amounts of Solana to users, enough to cover a transaction fee. This is especially useful for a few key use-cases:

  1. Onboarding users to the Solana ecosystem - some people like to play around with a small amount of a cryptocurrency in their wallet just to try out the UX and test that everything is working for them
  2. Helping users who accidentally stake their entire balance - to unstake, users need to pay a small transaction fee in Solana (unfortunately, they don't have any Solana left if they stake it all), so a faucet provides a way to cover this fee
  3. Helping users who accidentally trade their entire balance to an SPL token - to trade back to Solana, users need to pay a small transaction fee in Solana (unfortunately, they don't have any Solana left if they trade it all), so a faucet provides a way to cover this fee

However, we are building a system to allow other projects to airdrop tokens to users. Basically, users would go to the token project's website and click a button to claim their tokens, and we take care of the backend to process the airdrop transactions and all of the infrastructure to manage everything.