Tag: token airdrop

  • ZKsync ($ZK) Token Airdrop Guide: How to claim?

    ZKsync ($ZK) Token Airdrop Guide: How to claim?

    ZKsync is a layer-2 scaling solution designed to speed up transactions and lower gas fees on Ethereum. There are reports ZKsync have have their token generation event (TGE) in the coming few days. Their airdrop is also anticipated to be around 13th June 2024. Meanwhile, ZKsync airdrop could entitle you to both a ZKsync ($ZK) and an ecosystem project airdrop! Here’s how to get a potential ZKsync ($ZK) token and ecosystem airdrop.

    Check out our Upcoming Crypto Airdrops! And our video guide on how to get the ZKsync $ZK token airdrop!

    ZKsync ($ZK) Airdrop Step-by-step Guide

    Here’s how to receive a potential ZKsync ($ZK) token airdrop:

    1. Add ZKsync Era Alpha Mainnet on MetaMask.
    2. Bridge Funds to ZKsync Lite and ZKsync Era Mainnet.
    3. Interact with ZKsync Lite and ZKsync Era Mainnet Alpha.
    4. Interact with the ZKsync ecosystem.
    5. Mint NFTs for ZKsync airdrop.
    6. Complete quests on ZKsync’s Crew3.
    7. Join the ZKsync Guild
    8. Bonus: Complete ZKsync Era tasks on RabbitHole.
    9. Mint Dappad zk-KYC NFT

    See below for more in-depth details!

    What is ZKsync?

    ZKsync is a layer-2 scaling solution designed to speed up transactions and lower gas fees on the Ethereum network while maintaining high security and privacy for users. It does this through Zero-Knowledge Rollup (ZK-Rollup) — transactions on Ethereum are bundled up to be processed off-chain and then sent back to the main chain after validation.

    ZKsync is developed by Matter Labs. The company was co-founded in 2019 by Alex Gluchowski and Alexandr Vlasov. Matter Labs has raised over $58 million. Their latest funding was raised on 8th November 2021 from a Series B round led by Andreessen Horowitz (a16z). Other major investors include Dragonfly Capital, Placeholder, 1kx, and more.

    What is a Zero-Knowledge (ZK) Rollup?

    The ZK-rollup is the core element of ZKsync. ZK-rollups generate cryptographic proofs (ZK-SNARK or ZK-STARK) to verify transactions without revealing the information itself, hence the name “zero-knowledge proofs.” It maintains privacy by making transaction details such as token amounts anonymous. It is also highly secure because compressed transaction data are stored on-chain.

    Unlike other layer-2 solutions, ZKsync relies on math instead of third-party validators to scale computation. Validators are known as “operators” or “sequencers” and are in charge of executing, aggregating, and submitting transactions to the main chain, but they do not validate the transactions themselves — the Ethereum smart contract does. By relying on math and cryptographic security, ZKsync ensures a truly secure and trustless environment for decentralized finance (DeFi).

    What’s the Difference Between ZKsync Era and ZKsync Lite?

    At its inception, ZKsync lacked support for smart contracts, preventing activities such as using DeFi or purchasing NFTs, which are common on Ethereum. However, it did provide significant scaling for Ethereum, leading to its nickname “ZKsync Lite.”

    The ZKsync Era represents an upgrade to the network, delivering all the features of Ethereum while also providing more cost-effective and faster transactions.

    Does ZKsync have a Token?

    ZKsync has a native token known as $ZK, which was launched on 17th June 2024. The $ZK token is the native utility and governance token in the ZKsync ecosystem by maintaining and enhancing ZKsync’s operation. One main use for the ZKsync token is to pay for transaction fees on the ZKsync network and to vote on governance decisions. Users can also stake $ZK tokens and they will be rewarded with additional ZK tokens.

    Is there a ZKsync ($ZK) Token Airdrop?

    The ZKsync ($ZK) token airdrop started on 24th June 2024 and eligible users can claim their airdrop until 5th January 2025. 3.675 billion $ZK tokens i.e. 17.5% of the total token supply will be airdropped to eligible users.

    How to claim ZKsync ($ZK) Token Airdrop

    To check your eligibility and claim your ZKsync ($ZK) token airdrop, connect your wallet or GitHub username HERE.

    How to Receive Potential ZKsync ($ZK) Token Airdrop?

    The best chance to receive $ZKS airdrop is to interact with ZKsync Lite and ZKsync Era Mainnet Alpha. Moreover, many projects in the zkSync ecosystem also do not have a token yet. So, interacting with their ecosystem dApps may entitle you to potential airdrops from zkSync and the ecosystem project. Here’s how to receive a potential ZKsync token airdrop:

    1. Add ZKsync Era Alpha Mainnet on MetaMask.
    2. Bridge Funds to ZKsync.
    3. Interact with ZKsync Lite and ZKsync Era Mainnet Alpha.
    4. Interact with the ZKsync ecosystem.
    5. Complete quests on ZKsync’s Crew3.

    Add ZKsync Era Alpha Mainnet on MetaMask

    You will need to connect ZKsync Era alpha mainnet to your MetaMask. To do this, go to your MetaMask and click on the network button, then “Add network”. Then, click “Add a network manually”. Add the following information and click “Save”:

    • Network Name: ZKsync Era Mainnet
    • New RPC URL: https://mainnet.era.zksync.io
    • Chain ID: 324
    • Currency Symbol: ETH
    • Block Explorer URL: https://explorer.zksync.io/
    • WebSocket URL: wss://mainnet.era.zksync.io/ws
    Add zkSync Era Alpha Mainnet on MetaMask for potential zkSync airdrop
    Add ZKsync Era Alpha Mainnet on MetaMask

    Bridge Funds to ZKsync Era Mainnet and ZKsync Lite

    Bridge funds from Ethereum Mainnet to ZKsync Era Mainnet at bridge.zksync.io by connecting your wallet. Select the amount you wish to bridge and click “deposit”. Then, swap back to Ethereum Mainnet by clicking the arrows, choosing the amount you wish to bridge back to Ethereum, and click “Withdraw”.

    Bridge funds to ZKsync Lite at https://lite.zksync.io/ by connecting your wallet. Then, top up your balance using the ZKsync bridge. You can also try using other bridges in the ZKsync Lite ecosystem such as Orbiter Finance and ZigZag Exchange.

    Bridge funds to zkSync
    Bridge funds to ZKsync

    Cheapest way to bridge funds to ZKsync Era?

    Here’s a cheaper way to bridge funds to zkSync Era Mainnet:

    1. Buy ETH on a centralized exchange (e.g. Binance or Bybit)- Sign up for a Bybit account HERE!
    2. Send your ETH from the Exchange to your Metamask using the Arbitrum network (fees are around US$1-2)
    3. Use Orbiter Finance to bridge ETH from Arbitrum to ZKsync Era (fees are around US$2-3)
    Bridge to zkSync Era with Orbiter Finance

    Interact with ZKsync Lite and ZKsync Era Mainnet Alpha

    Any user can now use ZKsync Lite (formerly known as ZKsync 1.0) and ZKsync Era Mainnet Alpha. This can be a potential way for users to get a zkSync airdrop even though they missed the whitelist. To interact with zkSync Lite, connect your L1 ETH wallet on ZKsync Lite (note the single-time account activation fee of 1.279 USDT). Then, interact by moving your balances from L1 on ZKsync Lite by depositing ETH or USDT. Or, withdraw your funds back from ZKsync Lite to L1.

    Interact with the ZKsync ecosystem

    ZKsync has an entire ecosystem of protocols. Here are some top ZKsync ecosystem projects you could interact with to maximise your chances of a potential ZKsync airdrop and even double your rewards:

    1. Orbiter Finance
    2. ZigZag Exchange
    3. Bungee
    4. Argent
    5. Onchain Trade
    6. SyncSwap
    7. SpaceFi
    8. Tevaera
    9. Velocore
    10. iZUMi Finance
    11. Mute.io
    12. ZKsync Name Service
    13. GameSwift

    Orbiter Finance

    Orbiter Finance is a decentralized cross-rollup layer-2 bridge that supports ZKsync as well as Arbitrum. You can send ETH, MATIC, BNB and other tokens to ZKsync and other layer-2 blockchains via the bridge. However, these are mainnet tokens (with value) since the bridge is live, but you can always bridge them back to Ethereum. Check out our Orbiter Finance Token Airdrop Guide.

    Send funds to Orbiter Finance
    orbiter.finance

    ZigZag Exchange

    ZigZag Exchange is an orderbook decentralized exchange (DEX) powered by ZK-rollups. You can trade or swap on ZigZag Exchange. Do 1 buy or sell transaction between ETH and USDC every week (gas fees are less than US$0.25). Here’s how to interact with ZigZag Exchange:

    1. Deposit funds to https://lite.zksync.io/. Note you will need to deposit at least US$3 worth of ETH or USDC in order to pay the 1-time activation fee on Zigzag (around US$2.6).
    2. Connect your wallet to https://trade.zigzag.exchange/?market=ETH-USDC&network=zksync.
    3. Do 1 buy or sell transaction between ETH and USDC every week (gas fees are less than US$0.25).

    ZigZag Exchange has also just finished its second round of airdrops (out of 7). So check out our ZigZag Exchange ($ZZ) token airdrop guide so you won’t miss out on their future airdrops!

    Trade on ZigZag Exchange
    ZigZag Exchange

    Bungee

    Bungee is a tool powered by Socket that helps people find the best way to move a digital token from one blockchain to another. Bungee has recently gone live on ZKsync Era. So sending tokens to and from ZKsync Era (and especially using the Stargate route) could position yourself for potential ZKsync, Bungee, Socket, Stargate AND LayerZero airdrops!

    Check out how with our Bungee Token Airdrop Guide

    Argent

    Argent is the only crypto wallet that offers multi-signature security and social recovery. The wallet is built on ZKsync and is the first wallet for StarkNet. The wallet has a mobile version available on the App Store and Google Play. Download Argent and use their wallet! You can send and receive funds, buy, earn, and stake crypto using Argent.

    Argent recently announced an NFT drop in collaboration with JediSwap, here’s how to get the NFT:

    1. Do a swap on JediSwap using your Argent X wallet on mainnet before 23:59 UTC on 23rd May 2023. Those who have done a swap on JediSwap using Argent X wallet before 1st April 2023 will be automatically eligible for the snapshot and won’t need to do any more swaps.
    2. To do the swap, either use the built-in swap feature in the Argent X wallet or do the swap at https://app.jediswap.xyz/#/swap.
    3. The team will take the snapshot at 23:59 UTC on 23rd May 2023. The claim/mint page will be shared afterwards, and you will have a total of 12 months from then to mint your NFT.
    Argent wallet
    Argent Wallet (Image source: Argent)

    Onchain Trade

    Onchain Trade is a money market and perps DEX offering up to 50x leverage. Connect your wallet to their protocol and test out their features! Check out our Onchain Trade ($OT) token airdrop guide (now LIVE)!

    SyncSwap

    SyncSwap is a DEX built on ZKsync and has recently announced its launch on ZKsync Era testnet. It is predicted they will be one of the first protocols to launch on ZKsync Era Mainnet since they are one of the first protocols built on ZKsync. Therefore, interacting with SyncSwap will put you in a good position to get a potential ZKsync token airdrop (and possibly a SyncSwap airdrop too)! (fii-institute) Here’s how to interact with Syncswap:

    1. Connect your wallet to Syncswap.
    2. Go to their Swap page. Choose the type and amount of tokens and click “Swap”. We also suggest swapping tokens on the ZKsync network using Paymaster. Paymaster allows SyncSwap users to pay gas fees using other tokens such as $USDT, $USDC and $HOLD in addition to ETH. To do this, first make sure your MetaMask wallet and SyncSwap are both on the ZKsync Era Network. Then, click and hold on your account balance and you can see the fee discounts offered by Paymaster when using other tokens to pay for gas fees. For example, you get a 50% fee discount when paying with $HOLD!
    3. Deposit liquidity to their Pools. On the top bar, click the down arrow, “Positions” and “New Position”. Select USDC and ETH and click “Enter Pool”. Then click “Deposit” located on the left-hand side of the screen and deposit both USDC and ETH. Then, unlock your tokens and deposit them into the pool.
    4. Join their Discord.
    5. Go to their Guild page and complete the tasks.

    Interacting with SyncSwap is one of the best ways to maximize your potential airdrop with the least amount of fees. Learn how with our SyncSwap token airdrop guide!

    SpaceFi

    SpaceFi allows users can trade, earn, mint, stake, sell, create, and invest in a variety of projects. With SpaceFi, users can also swap assets, farm rewards, mint, and stake Planet NFTs, join or create a spacebase, and invest in new projects. SpaceFi has already launched 30 million $SPACE on Evmos mainnet, and will be launching 30 million $SPACE on ZKsync 2.0 (i.e. ZKsync Era) when mainnet goes live. The team has also confirmed they will be doing an airdrop.

    Since the protocol is already live on ZKsync testnet, it may be a good idea to interact with SpaceFi in anticipation of when zkSync Era mainnet goes live. To interact with SpaceFi, request testnet tokens here. Then connect your wallet to Space.io, swap some $tSPACE tokens. Then, add liquidity to their pool. Finally, join the SpaceFi Discord and their Crew3. You can also complete the tasks on Crew3 which include joining their guilds, adding them to your CoinGecko watchlist or inviting friends to their Discord.

    You can check out our SpaceFi token airdrop guide!

    Tevaera

    Tevaera aims to build an EVM-compatible on-chain gaming ecosystem on ZKsync. Their mainnet is now live on ZKsync Era.

    1. Connect your wallet to log in. Make sure you are on the ZKsync Era network.
    2. Mint your Tevan ID and Guardian NFTs.
    3. Connect your citizen ID to Discord.
    4. Play Teva Run to earn Karma Points.
    5. Complete tasks on Tevaea’s Zealy Questboard.
    6. Mint ONFTs by going onto your portfolio and clicking “Mint ONFT bundle”.
    7. Bridge one ONFT from ZKsync Era to Arbitrum network.
    8. Optional: Add KP (Karma) to your web3 vault. Note that 1KP is around 0.021 USD.

    For more details, check out our Tevaera $TEVA token airdrop guide!

    Tevaera Run

    Velocore

    Velocore is the first ever ve(3,3) DEX on ZKsync. They have a native token $VC, so there may be a chance of a Velocore airdrop too? Here’s how to interact with Velocore:

    1. If you don’t have funds on ZKsync Era yet, use Orbiter.finance to bridge funds to ZKsync Era.
    2. Connect your wallet to Velocore’s swap page and swap some tokens. You can swap any token pairings e.g. ETH to USDT, ETH to VC etc.
    3. Go to their Liquidity Pools and add liquidity. There are 30 pools to choose from!
    4. Keep an eye on their Launchpad for upcoming projects and join in.

    Check out our Velocore ($VC) token airdrop guide!

    iZUMi Finance

    iZUMi Finance is a multi-chain DeFi protocol that provides One-Stop Liquidity as a Service (LaaS). iZiSwap, a next-generation DEX on Multi-Chains, is live on ZKsync Era and provides concentrated liquidity AMM and generates extra income for your assets. They also have their own $iZi token. In addition to doing their own airdrop, they have also promised to distribute 50% if any ZKsync and Linea airdrops they receive! Here’s how to interact with iZUMi Finance:

    1. Swap $iZi tokens.
    2. Add liquidity.
    3. Earn iPoints.
    4. Complete Linea Voyage Week 8.

    Check out our iZUMi Finance $iZi token airdrop guide!

    Mute.io

    Mute.io is a AMM DEX with limit orders, a farming and Bond platform. They are live on ZKsync Era. Although the mute.io team have confirmed the will NOT do an airdrop, interacting with this protocol may nevertheless be helpful in getting a ZKsync airdrop. Here’s how to interact with Mute.io:

    1. If you don’t have funds onZKsync Era yet, use Orbiter.finance to bridge funds to ZKsync Era.
    2. Connect your wallet to their Swap page and swap any amount of tokens.
    3. Go to their Pools and add liquidity. You can earn fees for doing this! Click “Manage” and choose the amount of liquidity you wish to add. You can also withdraw your liquidity and check your rewards at any time.
    4. As an optional task, you can buy their $MUTE token and lock it up here.

    ZKsync Name Service

    ZKsync Name Service is an omnichain name service that allows users to establish their Web3 profile. Here’s how to interact with ZKsync Name Service:

    1. Go to https://app.zkns.domains/.
    2. Search for an available domain name. If you find an available one that you want, click “Available”.
    3. Click “Request to register with ETH” and approve the transaction. It will cost around US$6.5 to buy a domain.

    GameSwift

    GameSwift aims to be a one-stop web3 gaming ecosystem based on a modular chain and zkEVM technology. From 28th September 2023, GameSwift will be hosting a GameSwift Multiverse Expansion campaign which will last for 6 weeks. In particular, week 3 of the campaign which goes live on 12th October 2023 will involve bridging to ZKsync! So completing the tasks for week 3 may position yourself for a potential GameSwift and ZKsync airdrop! Here’s how:

    • Swap USDC for $GSWIFT.
    • Bridge 10 $GSWIFT from Arbitrum Chain to ZKsync Network.
    • Go to the “Burn” tab, switch to ZKsync network on your wallet and burn 10 $GSWIFT.
    • Return to the GameSwift Galxe page and claim your Infinity Stone.

    GameSwift also has tasks for interacting with the LayerZero network. So, there is a chance to also get a potential LayerZero airdrop too by doing these tasks!

    Check out our LayerZero ($ZRO) Token Airdrop Guide

    Donate on Gitcoin

    Gitcoin is a community platform that funds and coordinate new open-source developments. To donate, go to the “grants” page. Pay via the ZKsync network for lower transaction fees.

    Donate on Gitcoin
    Gitcoin Grants

    Mint NFTs for a ZKsync airdrop: 3 in 1 airdrop!

    We have found 3 projects which are also doing airdrops! All you have to do is complete the tasks and mint their NFTs! What’s more, these projects require you to interact with ZKsync, so you will be positioning yourself for a ZKsync airdrop as well.

    Hypercomic

    Hypercomic has just announced its collaboration with ZKsync and has launched a NFT minting celebration campaign. The objective is to complete the tasks and mint their exclusive ZK24 NFTs. There are 3 parts to the minting campaign, Part 1: Transaction Maker is LIVE until 9th February 2024, Part 2: ZKsync Expert will run from 5th to 15th February 2024, and Part 3: Dapp Hustler will run from 13th to 23rd February 2024.

    To mint the ZK24 NFTs, connect your wallet HERE to see which NFTs you may already qualify for. For Part 1: Transaction maker, users with 30 or more ZKsync transactions, users with 50 or more ZKsync transaction and users with 100 or more ZKsync transactions will be eligible to mint 1 NFT. So, depending on the number of ZKsync transactions you have, you can get a maximum of 3 NFTs in Part 1. What’s more, the NFT you can mint for having over 100 ZKsync transactions is a Boost NFT which will help boost the cubic mining power in the Hypercomic Dapp.

    To mint the ZK24 NFTs, connect your wallet HERE to see which NFTs you may already qualify for. If you qualify, you will be able to mint the NFT. Then, go to the “Airdrop” page to check your eligibility for the Hypercomic ($HYCO) airdrop. Users who have over 60 transactions are eligible to claim the HYCO token airdrop and are given on a first come first served basis for the first 15,000 people.

    Tabi

    Tabi is the first gaming chain on Cosmos. Whilst you need to be on Binance Smart Chain to complete the tasks, 2 of them are on ZKsync, which will position yourself for any ZKsync related airdrops. Complete the airdrop tasks on Tabi by connecting to their site and completing their tasks. These are mostly social tasks such as connecting your social media profiles and following their social media pages. You will be able to mint the NFT once you have completed the tasks.

    GRVT

    GRVT is an on-chain perpetuals exchange for ZKsync. They are currently running a social airdrop campaign. For now, all you need to do is join their waitlist. Joining their waitlist lets you earn invite points for airdrop rights as well as a ZKsync mystery box.

    Complete quests on Crew3

    Go to ZKsync’s Crew3 Questboard and complete the quests. Tasks include following them on social media, reading their articles, and completing quizzes.

    Join the ZKsync Guild

    Connect your wallet and Google and Discord accounts to https://guild.xyz/zksync-era. Note you will also need at least 20 points on Gitcoin Passport. To check the number of points you have on Gitcoin Passport, connect your wallet to https://passport.gitcoin.co/#/dashboard. On the same page, you can also connect your other accounts to gain more points. However, some accounts require more than just having an account. For some, there are requirements to have a certain age/status/role or completed tasks in those accounts in order to qualify, which will make it difficult. Here’s a list of the easiest/ least requirement accounts to sign up for in order to get 20 points: Twitter, Discord, Google, Github, Facebook, LinkedIn, ENS, BrightID, Proof of Humanity, ETH, ZKsync, Gnosis Safe, Trusta Labs.

    Bonus: Complete ZKsync Era tasks on RabbitHole

    RabbitHole now offers the first ZKsync Era quests, which include SyncSwap, EraLend, and Maverick. Completing each quest earns users NFT rewards and helps build their onchain history in the ZKsync ecosystem. The more quests you complete, the more quest rewards you become eligible for. Note that even if you have done similar tasks before, you will need to do them again to be eligible on RabbitHole. Here’s how to complete the tasks on RabbitHole:

    1. Make sure you are on the Ethereum network and connect your wallet to RabbitHole.
    2. Swap on Uniswap on Optimism.
    3. Deposit on Exactly on Optimism.

    Mint Dappad zk-KYC NFT

    Dappad is running a campaign where you can mint a non-transferable Soulbound NFT powered by ZkPass and Paymaster. Minting this NFT will give you access to future launchpads in ZKsync, and it could be key to qualifying for the potential ZKsync ($ZK) token airdrop. Note you only have 10 days (i.e. until 29th March 2024) to mint the NFT! Here’s how to mint the Dappad zk-KYC NFT:

    1. Go to DappLabs Galxe Page and complete the tasks.
    2. Download the zkPass TransGate Chrome extension HERE.
    3. Go to https://app.dappad.app/kyc and log in with your crypto wallet.
    4. Select 1 of the 5 supported centralized exchange accounts (i.e. Binance, Bybit, KuCoin, OKEx, Coinbase) for KYC verification.
    5. Log in to your selected exchange account when redirected. Make sure your exchange account is at least Level 1 verified.
    6. Approve sharing your KYC details with zkPass by clicking “START”.
    7. Return to the Dappad launchpad page after verification to see the ‘Already Verified KYC’.
    8. Your wallet app will then prompt you to sign a contract. Confirm the transaction and the non-transferable Dappad zk-KYC NFT will be sent to your wallet with 0 fees. The NFT is proof that you have successfully completed the KYC verification process.

    You can also check out our step-by-step video guide HERE.

    Best ZKsync Airdrop Route for swaps?

    Here’s one of the best ZKsync Airdrop routes for swaps. By doing this route you can make the most of the potential ZKsync airdrop and interact with other protocols and possibly get those airdrops too!

    1. Swap ETH for USDC using Syncswap
    2. Swap USDC for WETH using Mute.io
    3. Swap WETH for USDT using Symbiosis
    4. Swap USDT for USDC using SpaceFi
    5. Swap USDC for ETH using Maverick
    6. Swap ETH for BUSD using Velocore
    7. Swap BUSD for ETH using KyberSwap

    LATEST: 4-in-1 airdrop route ($ZNS, $BEE, $ZKP, $ZK)

    Time needed: 10 minutes

    With this latest airdrop route, you will be interacting with 3 different protocols to get 4-in-1 airdrop! These protocols are ZKsync Domain ($ZNS), Beecoin ($BEE), and Passport NFT ($ZKP) in addition to ZKsync.

    1. Mint ZKsync Domain ($ZNS)

      Mint a ZKsync Domain HERE. Minting a domain will cost 0.0028 ETH but this is for lifetime ownership!

    2. Share referral link

      Go to the Airdrop page and share your referral link. You will get more $ZNS rewards for successful invitations.

    3. Claim Beecoin ($BEE)

      Click on “Free Mint $BEE” or to go Bee Coin. Follow their Twitter accounts, select your ZKsync Domain and click “Free Mint” to mint 1 million $BEE coins. Then click, “Add Wallet” to add your $BEE coins to your wallet. Note you will need to pay gas fees and their total supply is 100 billion coins! So, act fast before they are all minted! You can also share your invite link to receive an extra 500,000 Beecoin for each person you invite.

    4. Passport NFT ($ZKP)

      Connect your wallet HERE and click “Free Mint” to get a NFT passport. Note you will need to pay gas fees for this. Then, invite your friends to get 200 $ZKP and boost Passport Rank per friend.

    ZKsync airdrop season 1: Am I eligible?

    Eligibility for season 1 of ZKsync’s token airdrop was based on a snapshot taken on ZKsync Era and ZKsync Lite on 24th March 2024 at 0:00 UTC. 2 categories of users were eligible for the ZKsync airdrop: users (89%) and contributors (11%). Users on ZKSync are those who have made transactions and reached a certain level of activity. Contributors, on the other hand, include individuals, developers, researchers, communities, and companies who have contributed to the ZKSync ecosystem and protocol through development, advocacy, or education, regardless of their network activity.

    The airdrop allocations for ZKsync were calculated using a points system. Here’s how the points were calcualted:

    • Activity-Based Points: Wallets earned points for actions like interacting with smart contracts, depositing liquidity into DeFi protocols, and trading ERC-20 tokens.
    • ZKsync Lite Activity: Points were also awarded for activities on ZKsync Lite, such as donating to a Gitcoin round or transacting over three different months.
    • Bridged Assets: Allocations were based on assets bridged to ZKsync Era, with multipliers for activity on ZKsync and Ethereum mainnet.
    • Minimum and Maximum Allocations: Wallets with fewer than 450 ZK tokens had their tokens recycled, while those with more than 100,000 tokens had excess tokens recycled. The minimum allocation was up to 917 $ZK tokens per wallet.

    ZKsync season 1 airdrop: How to claim?

    ZKsync will conduct a one-time token airdrop of 3.675 billion $ZK tokens (i.e. 17.5%) of the total token supply. Eligible users can claim their airdrop by connecting to their wallet to https://claim.zknation.io/ starting from 24th June 2024. The airdrop claim will be open until 3rd January 2025.

    ZKsync season 2 airdrop strategy guide

    ZKsync season 2 airdrop has already started! 2 main strategies to best position yourself for the token airdrop is to delegate your tokens and to maintain a high time weighted average balance (TWAB).

    In terms of strategies to find the best delegate to delgate your $ZK token, you may want to find delegates that are active in voting on governance proposals.

    How to identify and avoid ZKsync airdrop scams

    ZKsync has not announced its official token yet. However, this has not stopped scammers from enticing unsuspecting victims with airdrops in order to steal their cryptocurrencies. Here are some ways in which you can identify and avoid ZKsync airdrop scammers.

    Look at social media handles

    Many scammers will use social media (e.g. Twitter, Telegram) handles that are confusingly similar to the official ones. For example, spelling the project name incorrectly or using different fonts and hidden characters in the handle. Other fake accounts may have spelled the project name correctly but has other words behind it e.g. ZKsync (@ freetokens). Always check the official ZKsync website.

    Impersonating admins or mods

    Scammers have been known to impersonate admins or mods on ZKsync’s official channels. They may send DMs asking for users’ private information in order to “participate” in airdrops, or send you a link asking you to connect your wallet and drain your funds. zkSync admins or mods would not DM users first.

    Fake accounts tweeting ZKsync airdrop info

    There are fake accounts tweeting ZKsync token airdrops. However, there is no official announcement yet. Always check the official channels.

    ZKsync Airdrop Review

    When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

    Likelihood of Airdrop: ZKsync has completed season 1 of its token airdrop.

    Airdropped Token Allocation: In season 1 of the ZKsync airdrop, a total of 3.675 billion $ZK tokens will be airdropped. This is equivalent to 17.5% of the total $ZK token supply.

    Airdrop Difficulty: Tasks which allowed you to be eligible for season 1 of the airdrop includes interactions, donations and bridging assets. This would not be difficult for a general crypto trader.

    Token Utility: The $ZK token is used for transaction fees, governance and staking.

    Token Lockup: There is no lockup period for $ZK tokens which were distributed in the airdrop.

    Frequently Asked Questions (FAQs)

    How do I participate in the ZKsync Airdrop?

    Here’s how to participate in the ZKsync airdrop
    · Add ZKsync Era Alpha Mainnet on MetaMask.
    · Bridge Funds to ZKsync Lite and ZKsync Era Mainnet.
    · Interact with ZKsync Lite and ZKsync Era Mainnet Alpha.
    · Interact with the ZKsync ecosystem.
    · Mint NFTs for ZKsync airdrop.
    · Complete quests on ZKsync’s Crew3.
    · Join the ZKsync Guild
    · Bonus: Complete ZKsync Era tasks on RabbitHole.

    How do I participate in the ZKsync Airdrop?

    ZKsync has not announced details of any potential airdrop yet.

    Is there a minimum amount of tokens I can receive from the ZKsync airdrop?

    This will depend on the rules of the ZKsync airdrop campaign, which has not been announced.

    Which is the best ZKsync ecosystem dApp to interact with for the ZKsync airdrop?

    We find SyncSwap to be the best ZKsync ecosystem dApp to interact with to position yourself for the airdrop. This is because SyncSwap refunds you 50-6 0% of your Ethereum gas fees. We’ve managed to do 30 ZKsync transactions on SyncSwap in 10 minutes for only US$3! Check out our SyncSwap ($SYNC) token airdrop guide!

    When is the ZKsync airdrop?

    The ZKsync airdrop was on 24th March 2024 at 0:00 UTC when the eligibility and allocations snapshot was taken. Eligible users can claim the airdrop from 24th June 2024 to 3rd January 2025.

    Will zkSync do an airdrop?

    ZKsync season 1 airdrop is now available for claim until 3rd January 2025.

    How do I prepare for a ZKsync airdrop?

    Projects often reward early users. Follow our guide to prepare for a potential airdrop.

    Does ZKsync have a token?

    ZKsync has a native token known as $ZK. It is used for paying transaction fees on the network, staking and governance.

    How do I get season 2 of the ZKsync airdrop?

    2 ways to get the potential season 2 of the ZKsync airdrop is to delegate your tokens and to maintain a high time weighted average balance (TWAB).

  • LayerZero ($ZRO) Token Airdrop How to claim

    LayerZero ($ZRO) Token Airdrop How to claim

    Looking for free tokens with huge upside potential? LayerZero is one of the major upcoming crypto airdrops, funded by many reputable global enterprises such as PayPal. The LayerZero airdrop is now available to claim. This is our LayerZero airdrop ultimate guide.

    Check out our zkSync ($ZKS) Token Airdrop Guide for another highly anticipated airdrop.

    LayerZero ($ZRO) Airdrop Step-by-Step Guide

    Here’s a step-by-step guide on how to get a potential LayerZero ($ZRO) token airdrop:

    1. Interact with Stargate Finance
    2. Interact with Stargate Bridge on LayerZero
    3. Use Stargate on Bungee
    4. Use the USDC LayerZero Bridge
    5. Use the Aptos Bridge
    6. Use LiquidSwap Bridge
    7. Use LEVEL Finance Bridge
    8. Use SushiSwap Cross-Chain Swap
    9. Use BitcoinBridge
    10. Interact with other dApps on LayerZero
    11. Get roles on the Stargate Guild

    See below for more details!

    What is LayerZero?

    LayerZero is a trustless omnichain interoperability protocol designed to connect multiple chains. Let’s break it down what this means in simple terms:

    Underlying Issues of Current Interoperability Techniques

    Interoperability is a big problem for blockchains. Blockchains can’t talk to each other in a way that makes sense, so they’re like separate islands. This makes it hard for people to move things like money and data between them. There are two ways to fix this, but they both have problems.

    Middle Chain

    In the blockchain world, there are some protocols that help blockchains talk to each other such as Polkadot or Cosmos. They’re like a middleman that helps different blockchains exchange messages. This is a good way to make sure that blockchains can work together and it’s not too expensive. But it’s not very secure because if something goes wrong with the middleman, then everything can be stolen. It’s like having all your eggs in one basket.

    On-Chain Light Node (Decentralized Bridges)

    Instead of having one person in charge, decentralized cross-chain bridges use on-chain light nodes to communicate between blockchains. A light node is like a small part of the blockchain ledger’s transaction history. It’s connected to a full node to make sure everything is correct.

    To send messages between chains, light nodes on one chain check the metadata of a block from another chain. Then they send proof of the transaction to the other chain. This is a safe way to send messages between chains, but it’s also very expensive. You would need to build a new bridge for every pair of chains, and each one would need its own interface and code.

    LayerZero’s Solution to Interoperability

    Instead of a middle chain or a layer-2 solution, LayerZero provides a massive infrastructure that would seamlessly enable direct, trustless transactions across all chains. Think of it like this: if blockchains are nations and bridges are immigration, then LayerZero would be a global super-passport and air-traffic control that allows communication between all blockchains at once. It focuses more on the communication problem of the interoperability layer (layer 0) rather than providing a third party solution like a bridge or middle chain.

    source: LayerZero Whitepaper

    LayerZero achieves this by using on-chain light nodes in a much more economical way. The team behind LayerZero, LayerZero Labs, coined it Ultra Light Node (ULN). The ULNs are connected to oracles and relayers, both independent off-chain entities in charge of transferring messages from one chain to another.

    Instead of keeping all block headers sequentially, block headers are streamed on demand by decentralized oracles, i.e. Chainlink, allowing the ULN endpoints to be small and cost-effective. The relayers are responsible for moving transaction proofs. Initially, LayerZero Labs will run and maintain the relayers, which will soon be fully open-sourced so that anyone can operate their own relayer.

    source: LayerZero Whitepaper

    Moreover, the use of an oracle-relayer pair provides additional layers of security since responsibilities are broken up. But if both parties are compromised, LayerZero would be vulnerable to attacks–no easy task, given the progressive decentralization of relayers growing in the network.

    Who is the Team behind LayerZero?

    LayerZero Labs, a Vancouver-based startup, developed LayerZero protocols to enable omnichain decentralized applications across multiple blockchains. LayerZero was co-founded in 2021 by Bryan Pellegrino, Ryan Zarick, and Caleb Banister. The three have previously worked together in computer network research labs at the University of New Hampshire.

    LayerZero Labs have recently raised US$120 million in Series B funding at a valuation of US$3 billion. The funding is expected to go towards growth initiatives, in particular expanding the Company’s presence in the Asia-Pacific. In March 2022, LayerZero Labs raised $135 million in a Series B funding round from the likes of FTX Ventures, Coinbase Ventures, Uniswap Labs, Sequoia Capital, a16z, PayPal Ventures and more. Interestingly, LayerZero is PayPal’s first ever web3 investment. Seeing as that PayPal is one of the world’s leading payment networks this goes to show LayerZero has huge potential that spans beyond the crypto space.

    Does LayerZero have a Token?

    LayerZero does not have a token YET. But based on their information code we know it will be called $ZRO.

    source: LayerZero Gitbook

    How to Receive Potential LayerZero Token Airdrop?

    Interact with Stargate Finance

    Stargate Finance (Check out our airdrop guide here) is the first live LayerZero protocol. LayerZero Labs believes Stargate will be integral to any dApp that wants to move cryptocurrency across blockchains. Thus, Stargate users, especially DAO voters, could have a very high chance to receive $ZRO airdrops. Here’s how to stake and become a DAO Voter on Stargate:

    1. Buy Stargate’s $STG token (for as little as $0.74) on centralized crypto exchanges like Bybit or on decentralized exchanges like Uniswap. We suggest staking at least 25 $STG because it is the minimum required to get some guild roles.
    2. Stake $STG to get $veSTG. This gives you voting power on Stargate’s staking tab: https://stargate.finance/stake. The staking period can range from 1 to 36 months. You can also browse the pools and farms on the staking page to earn more $STG yields.
    3. Add liquidity to Pools. Go to https://stargate.finance/pool, choose your preferred Pool and add liquidity. You can remove liquidity at any time on the “Remove” tab. You earn LP tokens as a reward, which then be farmed to get $STG. Check our guide here.
    4. Regularly vote on governance proposals. Tip: Select “Turn On My Notifications” so you don’t miss any voting opportunities.

    Interact with Stargate Bridge

    Interact with dApps such as Stargate Finance’s Stargate Bridge by bridging your funds across networks repeatedly to generate volume. To do this, select the “from” token and network, the “to” token and network, and confirm your transaction.

    Bonus: How to save costs when using Stargate Bridge

    Here’s how to save costs when using Stargate Bridge:

    1. Do not transfer assets to/from the Ethereum network as it usually costs the most.
    2. Instead, to save costs when using Stargate Bridge transfer to/from these networks: BNB/AVAX, BNB/MATIC, BNB/FTM, BNB/METIS, AVAX/MATIC, AVAX/FTM, AVAX/METIS, MATIC/FTM, ARB/BNB, ARB/AVAX, ARB/MATIC and FTM/METIS.
    3. Check the estimated gas cost before bridging by clicking “Transfer Gas Estimator” before transferring assets.

    Use Stargate on Bungee

    Bridge tokens on Bungee using the Stargate route. This will also make you eligible for the Bungee, Socket and Stargate potential airdrops. For more details, see our Bungee token airdrop guide.

    Use the USDC LayerZero Bridge

    You can use the USDC LayerZero bridge (https://usdcdemo.layerzero.network/bridge) to transfer USDC between EVM chains.

    USDC Goerli Contract Address: 0x07865c6E87B9F70255377e024ace6630C1Eaa37F
    USDC Avax Contract Address: 0x5425890298aed601595a70AB815c96711a31Bc65

    Use the Aptos Bridge

    The Aptos Bridge is powered by LayerZero. You can move USDC, USDT, and ETH from Ethereum, Arbitrum, Optimism, Avalanche, Polygon, and BSC to the Aptos network. Connect your EVM (e.g. MetaMask) and Aptos wallets (e.g. Martian wallet). Then, choose the number of cryptocurrencies and networks you wish to use. However, keep in mind there is a 3-day transfer window if you want to withdraw your funds out of the Aptos ecosystem. You will also need to pay gas fees in Aptos $APT tokens.

    To use the Aptos Bridge with the least amount of gas fees, transfer USDC from BNB Chain to Aptos network. To do this, you will need USDC and BNB (gas fees) in your EVM wallet (e.g. MetaMask). You will also need $APT to your Martain wallet to pay for gas fees.

    Use the LiquidSwap Bridge

    Go to https://bridge.liquidswap.com/ and bridge USDT, and ETH from Ethereum or Arbitrum to the Aptos network. Connect your EVM (e.g. MetaMask) and Aptos wallets (e.g. Martian wallet), and choose the cryptocurrency and network (Ethereum/Arbitrum to Aptos and vice versa) you wish to bridge tokens. Note you will need to pay gas fees in Aptos $APT tokens.

    Use LiquidSwap Bridge

    Use LEVEL Finance Bridge

    LEVEL Finance is a decentralized perpetual exchange on BNB Chain that provides risk management solutions for liquidity providers and is built by experienced entrepreneurs and contributors. To use LEVEL, you will need to buy their native $LVL token on DEXs such as Uniswap or Pancakeswap. Then, go to LEVEL Bridge and bridge $LVL tokens between BNB Chain and Arbitrum. Note that depending on which direction you are bridging, you will need BNB or ETH for gas fees.

    Use SushiSwap Cross-Chain Swap

    SushiSwap released its SushiXSwap, which is built upon LayerZero’s Stargate protocol. You can swap tokens directly to another network without using a bridge. As such, users are likely to be qualified for a $ZRO token airdrop!

    Use BitcoinBridge

    BitcoinBridge allows users to transfer BTC.b. BTC.b is a new type of wrapped Bitcoin that can be used on the Avalanche Network. It is moved to Avalanche using the Avalanche Bridge. This makes it easy to use Bitcoin on many different networks with the help of LayerZero.

    Meanwhile, BitcoinBridge is a good way for people on a budget to interact with the LayerZero ecosystem. Doing 20 transactions on BitcoinBridge will only cost around US$15! Here’s how to use BitcoinBridge:

    1. Buy BTC.b on Trader Joe here.
    2. Connect your EVM and Aptos wallets here.
    3. Bridge assets between different networks.

    Use Rage Trade

    Rage Trade is a double-legged trading protocol that offers a perpetual ETH swap and a USDC yield-farming product built on Arbitrum and LayerZero. Therefore, interacting with it may qualify you for 3 airdrops at the same time! To use Rage Trade, simply trade and deposit and stake on their platform. Also, contribute to their community.

    For more details check out our Rage Trade Token Airdrop Guide

    Use Altitude

    Altitude ($ALTD) is a dApp built on LayerZero, designed to allow DeFi users to transfer assets with enhanced security features, inexpensive bridging fees, and fast transactions. Altitude have confirmed they will launch its $ALTD token as well as an airdrop when their mainnet launches!

    See: Altitude ($ALTD) Token Airdrop Guide

    Use Dexalot

    Dexalot is a decentralized exchange that uses LayerZero as its default bridge provider. To use Dexalot, you will need to have ETH on the Arbitrum network and AVAX on the Avalanche network. Connect your wallet to Dexalot and go to the “Portfolio” tab, making sure you are on the Avalanche network. At the bottom of the page you will see a list of your tokens, select AVAX and click the 3 points on the right hand side. On the popup window, deposit some AVAX onto Dexalot. Note however depending on the amount of AVAX deposited, it may cost more gas fees to withdraw than the amount itself. So you may need to consider it as a loss for the sake of interacting with Dexalot.

    Interact with Abracadabra

    Abracadabra is intergrated with Layer Zero and allows users to borrow, leverage or earn yield. To interact with Abracadabra, you will need to have their native $MIM token. $MIM can be purchased on several decentralized exchanges such as Uniswap, Sushiswap or Trader Joe. Make sure you are on the Avalanche network, or you will have to first bridge your $MIM tokens there. Back on Abacadabra, send one $MIM token from Avalanche to Arbitrum network. If you don’t want to keep your $MIM tokens, you can proceed to sell it for ETH on Arbitrum.

    Use SteakHut Finance

    SteakHut Finance is a yield optimization protocol that has integrated with LayerZero to launch $STEAK as an omnichain token. On SteakHut, $STEAK will be abe to be bridged across Avalanche, Arbitrum and eventually other blockchains on a 1:1 ratio. To use SteakHut, you will need to buy $STEAK tokens on the Avalanche Network. Note that currently only Trader Joe offers $STEAK tokens. Afterwards, connect your wallet to SteakHut and go to the “Bridge” tab. Send your $STEAK tokens to Arbitrum. You can also send your $STEAK tokens in reverse i.e. from Arbitrum to Avalanche networks. This would increase the number of interactions you have with SteakHut, which may put you in a better position for any potential airdrop. Note that you will need to pay gas fees in AVAX.

    Interact with Mummy Finance

    Mummy Finance is integrated with LayerZero and lets users trade BTC, ETH, FTM, OP, ARB and other cryptocurrencies with up to 100x leverage. To interact with Mummy Finance, you will first need to buy some of their native $MMY tokens on the Arbitrum network here. Then, go to Mummy bridge and bridge your tokens from the Arbitrum to Fantom network. Note it may cost more gas fees transfer back or sell your $MMY tokens. Therefore, you may need to consider it as a loss for the sake of interacting with Mummy Finance.

    Interact with other dApps on LayerZero

    You can also interact with other dApps on LayerZero including Holograph, Mugen Finance, Radiant Capital, Omni X or Angle Protocol. You can make small transactions, deposit funds, provide liquidity, swap assets etc. By actively and consistently using the ecosystem, it is highly likely LayerZero will reward users who genuinely interact with the ecosystem.

    source: TokenHunter

    Get roles on the Stargate Guild

    Here’s how to get roles on the Stargate Guild:

    1. Connect your Ethereum wallet to https://guild.xyz/stargate.
    2. To get the veStaker role, hold at least 25 $veSTG. To do this, buy at least 25 $STG on exchanges such as BybitBinance, or Uniswap. Then, stake your $STG here to get $veSTG. For detailed instructions see above.
    3. To get the 100 STG role, you will need to hold at least 100 $STG. Note that staked $STG does not count.
    4. To get the 1k LP Farmer role, supply at least $1,000 of USDC, USDT or BUSD on Ethereum, BNB Chain, Avalanche, Polygon, Arbitrum, Optimism or Fantom (not Metis) to receive LP tokens.

    How to claim the LayerZero ($ZRO) token airdrop?

    Here’s how to claim the LayerZero ($ZRO) token airdrop:

    • Connect your wallet or paste your wallet address to https://layerzero.foundation/claim to check your eligibility.
    • To claim the LayerZero ($ZRO) token airdrop, those who are eligible must donate US$0.10 in USDC, USDT or native ETH per $ZRO. This is known as LayerZero’s Proof-of-Donation mechanism. Donations would go to the Protocol Guild.
    • Users can claim from the following chains: Ethereum, Arbitrum, Optimism, Base, Polygon, BNB Chain, and Avalanche.
    • Once claimed, $ZRO holders can transfer their tokens via the above chains using Stargate.

    LayerZero Airdrop Review

    When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

    Likelihood of Airdrop: The LayerZero token airdrop is available to claim from 20th June to 20th September 2024.

    Airdropped Token Allocation: 85 million $ZRO are available to claim.

    Airdrop Difficulty: To be eligible for the LayerZero token airdrop, users could submit unique proposals for LayerZero or provided multiple ongoing transactions on the protocol.

    Token Utility: The LayerZero ($ZRO) token acts as a governance token, and to facilitate transactions across different blockchain networks.

    Token Lockup: The token will be unlocked on launch. However, those who are eligible for the airdrop must donate US$0.10 per $ZRO to claim the token

  • StarkNet ($STRK) Token Airdrop Guide: Are you eligible?

    StarkNet ($STRK) Token Airdrop Guide: Are you eligible?

    StarkNet is another major ZK-rollup player, and its mainnet is launching soon. StarkNet has just released its airdrop eligiblility critiera. In this article, we will explain StarkNet what you can do to receive its airdrop and the eligibility criteria to see if you can get their airdrop.

    Check out our zkSync Airdrop Guide and Scroll Airdrop Guide for another highly anticipated ZK-rollup airdrop.

    StarkNet ($STRK) Airdrop Step-by-Step Guide

    Here’s how to receive a potential StarkNet ($STRK) token airdrop:

    1. Set Up and Use Argent X Wallet
    2. Bridge to StarkNet
    3. Interact with 10KSwap
    4. Interact with zkLend
    5. Bridge out of StarkNet
    6. Mint an NFT on MintSquare
    7. Mint a Starknet ID
    8. Lend assets on Nostra

    See below for more details!

    What is StarkNet?

    StarkNet is a permission-free, decentralized Validity-Rollup (or “ZK-Rollup”) that works as a secondary network on top of Ethereum. This allows any decentralized application to have unlimited computational capacity without sacrificing the security and compatibility of Ethereum. This is because StarkNet utilizes STARK, the most secure and scalable cryptographic proof system. The contracts and operating system of StarkNet are coded in Cairo, which enables the deployment and expansion of any kind of business logic. StarkNet’s alpha v0.11.0 has just gone live on Testnet. The mainnet upgrade to Starknet alpha v0.11.0 will be decided by a governance vote.

    A Closer Look at ZK-STARK

    ZK-STARK (Zero-Knowledge Succinct Transparent Argument of Knowledge) is a type of zero-knowledge proof system that guarantees the accuracy and confidentiality of computations on blockchain systems through innovative cryptographic proofs and advanced mathematics. They allow blockchains to move computations through a single off-chain STARK prover, and then confirm the validity of these computations through a STARK Verifier on the blockchain network.

    Who is the Team behind StarkNet?

    StarkNet is developed by StarkWare Industries, an Israeli software company that specializes in cryptography. The company employs 70 people and has a large team of blockchain engineers. They also work with some of the top advisors in the blockchain industry including Joseph Lubin, the CEO and founder of ConsenSys, the company behind MetaMask.

    In May 2022, StarkWare successfully raised $100 million in a Series D funding round led by Greenoaks Capital and Coatue. That puts the company’s estimated value at $8 billion.

    Leading DApps on StarkNet Ecosystem

    A variety of teams and individuals are taking part in building StarkNet and its developer tools. Some of the notable ones include Alchemy, Argent, Infura, Ledger, and OpenZeppelin. Moreover, there are hundreds of DApps, services, and wallets building on the StarkNet ecosystem.

    StarkNet Ecosystem

    Does StarkNet have a Token?

    Yes, StarkNet has deployed their token on the Ethereum Mainnet, with its ticker symbol as STRK. However, the tokens are not up for sale yet, as the Foundation is still determining the mechanism for distributing them. This also involves incentive mechanisms for the community, which means a potential incoming airdrop.

    When Will StarkNet Do a Potential Token Airdrop?

    Rumours are that StarkNet will do a token airdrop in early 2024. This is because other protocols in the StarkNet ecosystem such as Nostra ($NOS) and Ekubo have also confirmed they will launch a token. And it is expected that these protocols will launch their own tokens soon after StarkNet does.

    How to Receive Potential StarkNet Token Airdrop?

    The best chance to receive $STRK airdrop is to interact with their testnet. Moreover, some protocols on StarkNet also do not have a token yet. Using their DApps could put you in a position to receive their airdrops as well, allowing you to earn additional rewards!

    Here’s how to receive a potential StarkNet ($STRK) token airdrop:

    1. Set Up and Use Argent X Wallet
    2. Bridge to StarkNet
    3. Interact with 10KSwap
    4. Interact with zkLend
    5. Bridge out of StarkNet
    6. Mint an NFT on MintSquare
    7. Mint a Starknet ID

    Set Up and Use Argent X Wallet

    MetaMask does not currently support the Alpha Mainnet, so it is unable to integrate with the StarkNet Layer 2 network. The only option for using StarkNet is through the Argent X wallet. Argent X is the first wallet on StarkNet and is widely used as the main ecosystem wallet with over 400,000 users and is backed by leading investors such as Paragim, Index Ventures, and StarkWare Labs. You can install the browser extension for Argent X at Google Chrome or Mozilla Firefox. Then, create an account on Mainnet. Afterward, you can send and receive funds, discover new NFTs, and swap using Argent X.

    Argent X

    Bridge to StarkNet

    To be included in the snapshot, it is important to bridge funds to the StarkNet network. To do this, we recommend using Orbiter Finance. This is usually the cheapest and fastest option. It may also make you eligible for any potential Orbiter Finance airdrop.

    Check out our Orbiter Finance Token Airdrop Guide!

    You can also use StarkGate which is the official bridge built and deployed by the StarkWare team. Connect your wallet and send ETH tokens from mainnet to StarkNet. Minimal amounts should suffice as long as you frequently use the bridge.

    StarkGate

    BONUS: Bridge funds from zkSync Era network to Starknet to position yourself for a potential zkSync ($ZKS) token airdrop too!

    Check out our zkSync ($ZKS) Token Airdrop Guide!

    Interact with 10KSwap

    10KSwap is an AMM DEX that is a fork of UniSwap deployed on the StarkNet mainnet. To be included in the snapshot, it is recommended to swap tokens frequently and provide liquidity to pools. This gives you a good chance of being eligible for the airdrop.

    10KSwap

    Interact with zkLend

    zkLend is a money market that is native to the StarkNet ecosystem. To be eligible for the airdrop, you can try depositing and lending money to earn yields, which is similar to traditional DeFi applications such as AAVE or Compound. Additionally, zkLend is also doing their own airdrop soon. Check out our zkLend Airdrop Guide for more information.

    zkLend

    Bridge out of StarkNet

    You can also use another bridge to withdraw funds from StarkNet such as Orbiter Finance. This approach of utilizing two bridging platforms acts as a safety measure in the event that the airdrop covers one of them. Additionally, there’s a possibility of receiving a higher multiplier for the StarkNet airdrop by using both bridges.

    Orbiter Finance

    Mint an NFT on MintSquare

    MintSquare is an NFT platform integrated with both zkSync and StarkNet You can mint an NFT by uploading the supported media of any picture you want. Don’t forget to switch the network to StarkNet, not zkSync. Give it a name, some attributes, and click mint. Voilà! You have yourself a newly minted NFT on StarkNet.

    MintSquare

    Mint a Starknet ID

    Connect your Argent X wallet to https://app.starknet.id/. Choose your username and enter the details to mint your Starknet ID. Note each Starknet ID costs 0.009 ETH per year.

    Deposit assets to Nostra

    Nostra ($NOS) is a DeFi protocol on the StarkNet ecosystem that allows users to lend, borrow, and trade crypto. Nostra is at a relatively early development stage and only their lending feature is available. So, it is worth trying out this feature and following them to try other features as they are released.

    Check out our Nostra ($NOS) token airdrop guide!

    StarkNet token airdrop eligibility criteria: Am I eligible?

    StarkNet has just released their token airdrop eligibility criteria! To see if you are eligible, simply connect your wallet HERE.

    Airdrop Review

    When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

    Likelihood of Airdrop: The StarkNet Foundation is currently planning out the distribution mechanism for the token, which means an airdrop is likely.

    Token Allocation: The STRK token has a total supply of 10 billion, 17% of which goes to investors, 32.9% goes to core contributors, and 50.1% to the StarkNet Foundation.

    Airdrop Difficulty: The mainnet is launching soon, which means the snapshot window is closing. But there are rumors that a second snapshot will take place after the mainnet launch, so it is recommended to use the most out of the mainnet.

    Token Utility: The STRK token has three main utilities: (1) staking to participate in StarkNet’s consensus mechanisms, (2) governance and voting, and (3) paying transaction fees.

    Token Lockup: Tokens allocated to shareholders, employees, and independent software developers will have a 4 year lockup period.

  • Collab.Land ($COLLAB) Token Airdrop Guide: How to claim

    Collab.Land ($COLLAB) Token Airdrop Guide: How to claim

    Collab.Land announced a token airdrop along with the launch of their DAO and Marketplace. The token claim starts on February 23, 2023. Here’s what you need to do to be eligible for their airdrop.

    Check out our Vela Exchange Airdrop Guide and Lens Protocol Airdrop Guide for upcoming confirmed airdrops and how to get them.

    Collab.Land ($COLLAB) Airdrop Claim Step-by-Step Guide

    Here’s a step-by-step guide on how to claim your Collab.Land ($COLLAB) token airdrop:

    1. Go to wagmi.collab.land.
    2. Login to your Discord or Telegram account and log in to your Discord or Telegram account. If you hold a Collab.Land Membership or Patron NFT, you should first join the Collab.Land Discord and claim your role before proceeding with the token claim process.
    3. After the video, there will be a page showing your $COLLAB token airdrop.
    4. Enter your Ethereum address and click “Claim” to have your $COLLAB tokens sent there. No message signature or gas fees are required.

    See below for more details.

    What is Collab.Land?

    Collab.Land provides a community management platform for tokens and NFTs that can be integrated with Discord and Telegram. The platform allows for easy assignment of permissions to users based on their token ownership, so if a user possesses a specific NFT, they can gain access to exclusive channels according to the NFT’s metadata. Collab.Land also performs regular checks in the background to confirm that users still hold the digital assets that allow them to access the community.

    Thousands of communities use Collab.Land to provide token-based access to private chats and content, such as Axie Infinity, Time, and NBA Top Shot.

    What is the Collab.Land ($COLLAB) token?

    The $COLLAB token will be used for governance.

    Who is Eligible for the Token Airdrop?

    The following four groups are eligible for the $COLLAB airdrop:

    1. Verified community members in Discord or Telegram
    2. Collab.Land’s top 100 Discord communities based on membership, longevity, and activity
    3. Collab.Land Patron NFT holders (token numbers 1-142)
    4. Collab.Land Membership NFT holders

    For Group 1 and 2, the snapshot was taken on 14th February 2023. For Groups 3 and 4, NFTs can each claim tokens once.

    I Missed the Snapshot! Is There a Way to Claim $COLLAB Airdrop?

    If you missed the snapshot on 14th February 2023, you can try to purchase a Collab.Land Genesis Membership NFT or a Collab.Land Patron NFT on OpenSea.

    How to Claim $COLLAB token airdrop?

    Claim your $COLLAB token airdrop anytime between 6pm MST on 23 February and 23 May 2023. Here’s how to claim your $COLLAB token airdrop:

    1. Go on the wagmi.collab.land website.
    2. Authorize your Discord or Telegram account and log in to your Discord or Telegram account, as the case may be. If you hold a Collab.Land Membership NFT or a Patron NFT, you should first join the Collab.Land Discord and claim your role before proceeding with the token claim process.
    3. After the video, there will be a page showing your $COLLAB token airdrop.
    4. Enter your Ethereum address and click “Claim” to have your $COLLAB tokens sent there. No message signature is required, and you don’t need to pay gas.
    How to claim your $COLLAB tokens
    How to claim your $COLLAB tokens (Source: ispeak_nerd)

    How many $COLLAB tokens will I receive?

    The number of $COLLAB tokens you will receive depends on whether you are a Community Member or NFT holder:

    • Community Members on Discord or Telegram each get 10 tokens. So those of you who verified both Discord and Telegram would get 20 $COLLAB.
    • Membership NFT holders with token ID between 0 – 28313 (based on a snapshot taken on 14 February 2023 at 12pm PST) will get 1,412 $COLLAB per NFT.
    • Patron NFT holders with token ID 0-141 (based on a snapshot taken on 14 February 2023 at 12pm PST) get 281,690 $COLLAB per NFT.

    $COLLAB Token Distribution

    The total supply of $COLLAB is at 1 billion tokens. The DAO Treasury reserves 50% for future distributions and use. 25% goes to the Lens Protocol team and their partners and investors. The remaining 25% goes to retroactive distribution, which is the airdrop.

    Within the retroactive distribution, 60% of $COLLAB goes to the top 100 Discord communities. 16% goes to Collab.Land Patron NFT holders. Another 16% goes to Collab.Land Membership NFT holders, and the last 8% goes to verified community members as of 14th February, 2023.

    Airdrop Token Distribution (Source: wagmi.collab.land)

    Collab.Land Airdrop Review

    When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

    Likelihood of Airdrop: Collab.Land confirmed there will be an airdrop on 23rd February, 2023.

    Airdropped Token Allocation: 60% of $COLLAB goes to the top 100 Discord communities. 16% goes to Collab.Land Patron NFT holders. 16% goes to Collab.Land Membership NFT holders. The last 8% goes to verified community members as of 14th February 2023.

    Airdrop Difficulty: If you made the snapshot on 14th February, you just have to wait and claim the tokens starting on 23rd February. But if you missed it, you can try to purchase a Collab.Land Genesis Membership NFT or a Collab.Land Patron NFT on OpenSea.

    Token Utility: The primary purpose of the COLLAB token is to be utilized for governance within the Collab.Land ecosystem. If individuals choose to become a part of this community, they will have the opportunity to participate in the governance process as a member of the Collab.Land DAO. Together, they will vote on feature requests, provide bounties, curate the Marketplace, and undertake other governance-related activities.

    Token Lockup: The 25% of the total $COLLAB distributed to the core team, investors and partners have a four-year time-based vesting schedule with a one-year cliff.

    Frequently Asked Questions (FAQs)

    What is Collab.Land?

    Collab Land is a decentralized, blockchain-based virtual world where users can build, share and monetize their own 3D creations.

    What is the purpose of the Collab.Land Token Airdrop?

    The purpose of the Collab.Land Token Airdrop is to reward early adopters of the Collab Land platform with free $COLLAB tokens

    What is the value of $COLLAB tokens?

    At the time of writing, the value of $COLLAB tokens are $0.254554

    How can I get $COLLAB tokens?

    You can get $COLLAB tokens if you were eligible fo an airdrop. Otherwise, $COLLAB tokens are traded on UniSwap. See our Uniswap tutorial here.

    How many $COLLAB tokens will I receive?

    Community Members on Discord or Telegram will each get 10 tokens. So if you verified both Discord and Telegram, you would get 20 $COLLAB. Membership NFT holders with token ID between 0 – 28313 will get 1,412 $COLLAB per NFT. Patron NFT holders with token ID 0-141 get 281, 690 $COLLAB per NFT.

    When will the $COLLAB token airdrop end?

    You can claim your $COLLAB token airdrop anytime between 6pm MST on 23 February and 23 May 2023

    How do I claim by Collab.land $COLLAB token airdrop?

    Go to wagmi.collab.land. Authorize and log on to your Discord or Telegram account. After watching the video, enter your Ethereum address to receive your $COLLAB.

  • Quai Network ($QUAI) Token Airdrop LIVE: Earn $2000 for Free

    Quai Network ($QUAI) Token Airdrop LIVE: Earn $2000 for Free

    Hunting for crypto airdrops is a great way to make free money. Some people have made as high as $10,000 from the Aptos token airdrop. If you missed it, Quai Network is another upcoming project with airdrop qualifications happening right now. Let’s take a look at what Quai Network is and what you can do to receive their token airdrop before it’s too late!

    Quai Network ($QUAI) Airdrop Step-by-step Guide

    Here’s how to receive a potential Quai Network ($QUAI) token airdrop:

    1. Engage with Quai Network’s Twitter
    2. Engage with Quai Network’s Reddit

    See below for more details

    What is Quai Network?

    Quai Network is a decentralized network of multiple proof-of-work (PoW) blockchains running in unison. These blockchains have native interoperability, allowing for cross-chain transactions and messages. It is also fully EVM compatible, allowing any Solidity contract to be ported and deployed.

    Quai Network provides a novel approach to blockchain scaling, different from parallel processing chains such as Aptos and Sui. It aims to maximize the energy efficiency of PoW by introducing the concept of modularity.

    Proof-of-Work 2.0 (PoW2)

    Quai Network sought to improve upon the PoW consensus mechanism by addressing its environmental concerns. For the longest time, Bitcoin’s PoW algorithm has been infallible, but it also consumes massive amounts of energy. And it will continue to rise as mining difficulty increases after every Bitcoin Halving event. This is why Ethereum switched to proof-of-stake (PoS).

    But Quai Network believes that PoS is inherently centralized due to the amount of money it requires to be a validator, creating a gap between the validator “class” and everyday users. Therefore, Quai Network has introduced an upgraded version of PoW called Proof-of-Work 2.0 (PoW2) where hash power can be reused to secure multiple chains. This is achieved by utilizing a novel combination of merged mining and sharding, reducing computational cost while allowing the network to scale more efficiently.

    Merged Mining

    Merged mining is the process of securing multiple blockchains with one miner, allowing miners to earn rewards in multi cryptos without having to switch between networks or use additional hardware. It was first conceived by Satoshi Nakamoto in the Bitcoin white paper, in which a completely seperate blockchain could share CPU power with Bitcoin, inheriting the same security and decentralization of Bitcoin without requiring dedicated miners.

    Quai Network uses this concept, but instead of having Bitcoin as a parent chain, it has its own parent chain (the Prime Chain) which secures the many other chains beneath it by sharing hashrate. This improves throughput over monolithic chains such as Solana without the need for layer-2 solutions. Moreover, Quai Network is horizontally scalable, which means additional chains can be added to meet network demands. This is possible because of their multi-chain architecture.

    Multi-Chain Architecture

    Quai Network’s architecture makes use of sharding by dividing a single blockchain into multiple smaller and faster blockchains to improve network performance, similar to Ethereum and Polkadot. Its network is divided into a hierarchical structure of three different types of chains. At mainnet launch, Quai Network will begin with the single Prime Chain, three Region Chains, and nine Zone Chains.

    Source: Quai Network
    • Prime Chain

    The Prime Chain is at the core of the entire network, utilizing a hashing algorithm that is shared across all subordinate chains (Region and Zone). It aggregates and settles state transitions across the network, which means miners are required to mine the Prime Chain to keep the blockchains functional.

    However, it has the highest mining difficulty, which means it has the slowest throughput (one block every 15 minutes). Therefore, it is not ideal for simple transactions and DApp activities. It is mostly for use in situations where the whole network is being addressed and securing the network.

    • Region Chains

    There are three Region Chains at mainnet launch: Cyprus, Paxos, and Hydra. These chains have lower mining difficulty, thus a higher throughput than the Prime Chain (one block every 5 minutes). These chains handle lesser network interactions that are not necessary to address the entire network. They can also interact natively on the network, but each require unique mining power. Therefore, a miner can only mine a single Region Chain at a time, in addition to the Prime Chain.

    • Zone Chains

    At mainnet launch, each Region Chain will have three Zone Chains under it. These Zone Chains have the highest throughput (one block per 10 seconds) and TPS capacity, making them ideal for regular transactions and contract interactions. As such, most activity on Quai Network will occur on Zone Chains. They are also able to interact with other Zone chains, even those under different Region Chains. But similar to Region Chains, miners can only select one Zone Chain to mine.

    • Coincident Blocks

    Coincident Blocks tie the whole hierarchal structure together, linking all chains which enables cross-chain state transfers and periodic pegging of all chains to the Prime Chain’s total work. These blocks allow the entire network to inherit the same security of the Prime Chain, governed by three rules:

    1. All Prime blocks must contain a Region and Zone block.
    2. All Region blocks must contain a Zone block.
    3. Zone blocks can be mined asynchronously without being included in a Prime or Region coincident block.
    Source: Quai Network

    Basically, a Coincident block occurs when (1) a Prime, Region, and Zone block are confirmed at the same time OR (2) when just a Region and Zone block. Each time a Coincident block is mined, all blocks since the last coincident block are then confirmed by the Region Chain, continuing upwards until the Prime Chain — think of it as a roll call. Therefore, chains lower in the hierarchy can inherit the security of the Prime Chain while still conducting independent activities.

    Who is the Team behind Quai Network?

    Quai Network is developed by Dominant Strategies, a technology development company based in Austin. The company was co-founded in 2019 by Alan Orwick, Jonathan Downing, Karl Kreder, Yanni Georghiades, and Sriram Vishwanath, all of whom worked together in the Electrical and Computer Engineering department at the University of Texas. They co-wrote and published the white paper for Quai Network in December 2021.

    Dominant Strategies has raised $10 million over two funding rounds — $8 million from Polychain Capital in March 2022 and $2 million from Alumni Ventures in May 2022.

    Does Quai Network have a Token?

    Yes. $QUAI will be used to ensure network security and as an exchange of value in the ecosystem. Their token supply is hard-capped but its total number is not yet determined. According to their tokenomics, 25% is distributed as “adoption incentives”, 3% for “community” and 0.5% for “testnet incentives.” This means token airdrop opportunities for early users of Quai Network!

    Source: Quai Network

    How to Receive Quai Network ($QUAI) Token Airdrop?

    Quai Network has a Social Media Rewards Program that will airdrop $QUAI tokens for engaging with their Twitter, YouTube, Reddit, TikTok, and Instagram. Compared to other projects, this is one of the easiest ways to earn free tokens.

    To begin, join their Discord server and follow their Twitter account. Afterwards, you can check your rewards on the Quai Dashboard. If you have a Citizen role in their Discord server, you will have a 1.5x multiplier for your $QUAI rewards. You can obtain it by completing their survey here. It is easy to do if you have some degree of understanding of the project.

    From here on out, Quai Network will reward you $QUAI tokens for your engagement with their social media platforms. As of now, only Twitter and Reddit rewards are available. YouTube, TikTok, and Instagram rewards will be available soon.

    • Twitter
    1. Follow Quai Network.
    2. Follow additional team accounts.
    3. Liking and retweeting Quai Network’s Tweets that are less than seven days old (limited to twice a day).
    4. Make a Tweet mentioning Quai Network. Original and insightful Tweets that are liked or replied by Quai Network will grant you additional rewards.
    • Reddit
    1. Make a unique post in their channel (limited to twice a day).
    2. Make a post about Quai Network in another approved crypto-related Subreddit (limited to twice a day).

    It is worth noting that your account must have more than 50 post/comment karma, and the post must be approved by their team. Therefore, it will some time for your rewards to show if you make a post on Reddit.

    Quai Airdrop Review

    When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

    Likelihood of Airdrop: Quai Network’s token airdrop is now live!

    Airdropped Token Allocation: According to Quai’s tokenomics, 25% will be distributed as “adoption incentives”, 3% for “community” and 0.5% for “testnet incentives.” This could mean token airdrop opportunities for early users of Quai Network!

    Airdrop Difficulty: Quai Network has a Social Media Rewards Program that will airdrop $QUAI tokens for engaging with their social media accounts on Twitter, YouTube, Reddit, TikTok, and Instagram. This is one of the easiest ways to earn free tokens compared to other projects!

    Token Utility:  The $QUAI token will be used to ensure network security and as an exchange of value in the ecosystem.

    Token Lockup: Participants of Quai Network’s Social Media Rewards Program will receive their $QUAI tokens upon Quai Network’s Mainnet Launch

  • Shardeum ($SHM) Token Airdrop Guide: Earn $1500 for Free

    Shardeum ($SHM) Token Airdrop Guide: Earn $1500 for Free

    Shardeum is an upcoming linearly scalable layer-1 blockchain using dynamic state sharding similar to NEAR Protocol. The project is still in its early phase, which means early users can potentially secure massive Shardeum $SHM token airdrop rewards.

    Check out our Sui Airdrop Guide and Scroll Airdrop Guide for another highly anticipated token airdrop.

    Shardeum ($SHM) Airdrop Step-by-Step Guide

    Here’s how to get a potential Shardeum ($SHM) airdrop:

    1. Add Shardeum Network on MetaMask.
    2. Go to the Shardeum betanet and claim testnet SHM.
    3. Interact with projects on the Shardeum ecosystem.
    4. Become a Shardeum YouTube creator.

    See below for more details.

    What is Shardeum?

    Shardeum is a smart contract platform built on the Ethereum Virtual Machine (EVM) that uses dynamic state sharding to scale efficiently. Although it shares similarities with other state sharding platforms like Harmony, Elrond and NEAR Protocol, it distinguishes itself by having a unique approach to consensus.

    What is Sharding?

    Unlike most platforms that group transactions into blocks and perform consensus at the block level, Shardeum performs consensus on each transaction individually. This enables simultaneous processing of transactions that affect multiple shards, instead of consecutive processing as with block level consensus. This speeds up the processing time and removes the need for complex atomic processing as required by block level consensus platforms.

    Dynamic State Sharding

    Shardeum has a unique feature in its use of dynamic state sharding. In dynamic state sharding, each node has a different set of addresses to manage. But, there is a significant overlap between the different nodes. This is contrasted with static state sharding, where all nodes in a shard are responsible for the same set of addresses.

    While dynamic state sharding is more challenging to implement compared to static state sharding, it offers a more efficient solution for scaling the network. With dynamic state sharding, every new node added to the network instantly increases the transaction per second (TPS) rate. In contrast, static state sharding requires a minimum number of nodes to join the network before creating a new shard, and gradually increases the TPS rate.

    Who is the Team behind Shardeum?

    Nischal Shetty and Omar Syed co-founded Shardeum. Shetty is the founder and CEO of WazirX, the largest crypto exchange in India with over 10 million active users. Syed is a blockchain architect who has helped large organizations build scalable, fault-tolerant distributed systems such as NASA, Yahoo, Zynga, and Shardus.

    In October 2022, Shardeum successfully raised $18.2 million in seed funding from more than 50 investors worldwide. These investors include Jane Street, Struck Crypto and the Spartan Group.

    Does Shardeum have a Token?

    Validators and standby nodes will generate $SHM, Shardeum’s native coin, through mining – see their litepaper. This acts as a reward for their contribution to the network. Users will use the $SHM token to pay gas fees for transferring assets and executing smart contracts on the network

    Shardeum reserves 51% of its maximum supply of 508 million tokens for the community.

    How to Receive Potential Shardeum ($SHM) Token Airdrop?

    Shardeum have not confirmed an airdrop, yet. However, the best chance to receive $SHM airdrop is to interact with their testnet. Shardeum recently launched their betanet, and protocols on there also have incentives for early users. This puts you in a great position to earn more rewards! Here’s how to do this:

    1. Add Shardeum Network on MetaMask.
    2. Go to the Shardeum betanet and claim testnet SHM.
    3. Interact with projects on the Shardeum ecosystem.
    4. Become a Shardeum YouTube creator.

    Add Shardeum Network on MetaMask

    Shardeum created a list of all their network endpoints on their user document. You can choose to connect them automatically or add them manually to your MetaMask RPC. Their latest one is Sphinx 1.X, which is their betanet and the final step before the mainnet launch. We recommend adding this to your MetaMask. To do this, go to Shardeum’s developer docs, go to Network and Endpoints, then click “Click to Connect to Sphinx 1.x”.

    docs.shardeum.org/network/endpoints

    Claim Faucet Tokens

    After adding Shardeum to MetaMask, you will need testnet tokens to interact with their platform. There are 2 ways to do this, either on their website or to the Shardeum Liberty Network faucet.

    On the Shardeum website, click “Claim Testnet SHM”. You will then need to join their Discord and claim tokens using their Discord faucet text channels.

    Claim testnet SHM on Shardeum website
    Claim testnet SHM on Shardeum website

    Alternatively, you can claim Shardeum testnet tokens using the Shardeum Liberty Network faucet. But first, you will have to click “Tweet Now” for them to send you tokens. This is to prevent faucet bot abuse from using up all available $SHM. Remember to add your wallet address before you Tweet out the message. Finally, copy your Tweet link and paste it into the request box.

    Shardeum Faucet

    Interact with projects on the Shardeum ecosystem

    Shardeum has nearly 60 projects in its ecosystem, ranging from DeFi protocols to decentralized exchanges (DEXs). Interacting with these ecosystem projects will likely put you in a good position to receive any potential Shardeum airdrop. However, here are some projects which we think may have a higher chance of receiving an airdrop if you interact with them.

    Shardeum Swap

    Shardeum Swap is one of the first decentralized exchanges (DEX) built on the network. Therefore, it is very likely that users interacting with the protocol are included in the snapshot. Here you can (1) swap SHM to SSWAP tokens, (2) wrap SHM to WSHM, and (3) provide liquidity to pools. Remember that these are testnet tokens, so feel free to play around with the DEX.

    Shardeum Swap

    Swapped Finance

    Swapped Finance is an automated market maker (AMM) DEX built on the network. But it has more features to offer such as yield farming, staking, limit orders, margin orders, launchpad, and lending/borrowing. As long as you use your testnet tokens for swapping or liquidity provision, there is a high chance you will be included in the snapshot.

    Swapped Finance

    DAOStarter

    Shardeum is working with DAOStarter on a test party campaign, which will run until 31st March 2023 at 9:00 am UTC. Users can join the DAOStarter betanet on Shardeum Sphinx and mint an exclusive NFT. To do this, you will need to complete all 6 tasks listed on Galxe. Remember, you will need to switch to BSC network to do this. Complete the tasks and click “Claim”, note this will require you to pay gas fees in BNB.

    Complete tasks to mint exclusive DAOStarter NFT
    Complete tasks to mint exclusive DAOStarter NFT

    Become a Shardeum YouTube Creator

    As an additional task, you can also apply to become a Shardeum YouTube Creator, which the team promises will offer you performance-based rewards. To become a Shardeum YouTube Creator you will need to complete the following steps:

    1. Complete their application form.
    2. Create a content calendar for Shardeum’s YouTube channel.
    3. With the help of Committers, create and edit videos on Shardeum-related topics, EVM-related topics, and developer tutorials.
    4. Host Live videos on topics relating to current web3 trends, project updates and AMAs.

    Airdrop Review

    When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

    Likelihood of Airdrop: No airdrop has been announced yet. But Shardeum recently launched their betanet, and protocols on there have incentives for early users.

    Airdropped Token Allocation: The team expects to give 51% of its token supply to the community but did not specify how much of this would be allocated towards airdrops.

    Airdrop Difficulty: Shardeum has not yet released details about its airdrop rules. There may be a chance of being eligible for $SHM airdrops by interacting with their testnet. This is relatively simple since you can use testnet tokens, which are free.

    Token Utility: $SHM will be used to pay gas fees for transfers and smart contract execution on the network.

    Token Lockup: There is no announcement on when the $SHM token would be launched.