Layerzero Speculation airdrop

[libert19]

...but I think even if there is an airdrop it will not be as massive as it was back then, personally i'm waiting for layerzero more but even layerzero having millions of active addresses already, i really don't have high hopes for this airdrops.
even worst with zksync, too much participants.

A large number of participants cannot be the reason for the cancellation of airdrop. And if the team decides to distribute an airdrop for only 1000 wallets, they will come up with such criteria that only 1000 lucky people will receive this airdrop.

Couple years ago paraswap did something like this, they had strict criteria so only few thousand wallets were eligible, but those few got good number of $PSP tokens. What happened? They dumped it hard, $PSP is still in ashes.

[tvplus006]

I have seen different presumably criteria for layer0 airdrop.  It is had to keep up, some go as far as claiming snapshot already taken. Only the team can say for a fact if there is going to be an airdrop and the criteria. ...

Yes, it may turn out that the snapshot was taken a few months earlier and all the activity on the network is a waste of money. So the team can give us a similar surprise, as did Celestia $TIA, who took a snapshot in January 2023, that is, 9 months before the airdrop.

[tokeweed]

This pic has been floating around online...



That's an SSL certificate.  And according to some guys Arbitrum airdropped a couple of days after they created their SSL certificates.  :/  So we'll prolly have an announcement in the next coming days from the Layer Zero devs?

Man...  Now that I feel it's really coming the lesser I think I am of my eligibility.  Like how I used Arbitrum, it was all real, organic usage.  No bs farming.  But my transaction volume for both is over 10k.  I hope it's enough.

[dbshck]

That's an SSL certificate.  And according to some guys Arbitrum airdropped a couple of days after they created their SSL certificates.  :/  So we'll prolly have an announcement in the next coming days from the Layer Zero devs?

This SSL certificate discovery certainly caused a stir, with LayerZero Q4 airdrop predictions hitting 75% on Polymarket at peak yesterday. But it has going down back to 44% now.

Man...  Now that I feel it's really coming the lesser I think I am of my eligibility.  Like how I used Arbitrum, it was all real, organic usage.  No bs farming.  But my transaction volume for both is over 10k.  I hope it's enough.

Yeah with over 3 million wallets already farming not sure how much we can get from it. Hopefully they implement a robust sybil filter for this one.

[Sophokles]

...but I think even if there is an airdrop it will not be as massive as it was back then, personally i'm waiting for layerzero more but even layerzero having millions of active addresses already, i really don't have high hopes for this airdrops.
even worst with zksync, too much participants.

A large number of participants cannot be the reason for the cancellation of airdrop. And if the team decides to distribute an airdrop for only 1000 wallets, they will come up with such criteria that only 1000 lucky people will receive this airdrop.

Couple years ago paraswap did something like this, they had strict criteria so only few thousand wallets were eligible, but those few got good number of $PSP tokens. What happened? They dumped it hard, $PSP is still in ashes.

Airdrop criteria are getting harder. It was easy for arbitrage, Optimism and many others. It has to be done to eliminate all of those airdrop farmers who use 100 accounts to farm the airdrop. I even saw a group of people who were farming the airdrop in an official building where 100 users could continuously interact with the blockchain. Is it really worth it to take that speculative measure? So many people are doing these so if the project starts giving all of them free token the token price will be worthless, and if they give only a few then most of the users will be angry because most of the farmers spend a lot of gas to get that airdrop.

[libert19]

Airdrop criteria are getting harder. It was easy for arbitrage, Optimism and many others. It has to be done to eliminate all of those airdrop farmers who use 100 accounts to farm the airdrop. I even saw a group of people who were farming the airdrop in an official building where 100 users could continuously interact with the blockchain. Is it really worth it to take that speculative measure? So many people are doing these so if the project starts giving all of them free token the token price will be worthless, and if they give only a few then most of the users will be angry because most of the farmers spend a lot of gas to get that airdrop.

It's worth it that's why they do it. Not all projects give airdrop but the ones that do, make sybil's day. I read an article [1] yesterday, 40% airdrop receivers of Celestia's $TIA were airdrop farmers. I believe the statement because farmers must have collected their TIA received in multiple wallets to one before selling.


[1] https://cryptorank.io/news/feed/98c7c-28-92m-celestias-tia-airdrop-claimed-by-sybil-airdrop-hunters

[tokeweed]

^  I heard the MEME airdrop had one guy earning around 200k.  Not sure if he was alone or if it was a group in a boiler room but that's the rumor.

That's an SSL certificate.  And according to some guys Arbitrum airdropped a couple of days after they created their SSL certificates.  :/  So we'll prolly have an announcement in the next coming days from the Layer Zero devs?

This SSL certificate discovery certainly caused a stir, with LayerZero Q4 airdrop predictions hitting 75% on Polymarket at peak yesterday. But it has going down back to 44% now.

Man...  Now that I feel it's really coming the lesser I think I am of my eligibility.  Like how I used Arbitrum, it was all real, organic usage.  No bs farming.  But my transaction volume for both is over 10k.  I hope it's enough.

Yeah with over 3 million wallets already farming not sure how much we can get from it. Hopefully they implement a robust sybil filter for this one.

They'll prolly 'try' to filter it like crazy but I don't think they'll catch them all.  I think some of the botters that have made higher volume especially in Stargate will prolly go through.  I can only hope that I got in too and get some of that free maniiieess!  Now's the time to have some extra dough to buy into alts while everybody is busy getting into BTC and the other majors.

[cryptoaddictchie]

I can only hope that I got in too and get some of that free maniiieess!  Now's the time to have some extra dough to buy into alts while everybody is busy getting into BTC and the other majors.

Thats right mate everyone is hoping for one too. But maybe will get some even though the farmers at layerzero are too huge. They should really filter bots or sybil here to protect real users.

Btw guys have you seen this? Not sure if this is a layerzero related case but it seems it is.

https://twitter.com/binance/status/1721513080100622756?t=Z4CvsASO8LyRpMgt3lQmPA&s=19

https://twitter.com/leshka_eth/status/1721522053851893837?t=D5I7vQCNYkOREQ5oFrzNdA&s=19

Speculations but cant seem to be ignore especially layerzero is quite noisy now.

[TakeItEasy]

For that, they need to remove the Sybil and bot wallets. Otherwise, it will be a shit drop.  but the problem is that Layerzero's CEO said they do not care about Sybil wallets. I don't know he said it to farm the layer zero airdrop. because nowadays protocols give some fake hints farm the airdrops.

Eg.: Lens protocol airdrop(airdrop text mentioned in their Twitter image.). but later they said that "there will be no airdrop or token"

As the airdrop from the Arbitrum care about the active participants and they I think have restricted more users due to their Sybil which is I think a good idea in all aspects. Because only the users which are trusted that should be rewarded in this system. Also, I can say that Zksync, Layerzero would also follow that, the CEO of the Layer Zero said it, but I don't think they will do it, they just said it and don't think will apply against it.

Same in the case with the Scroll, and many more airdrops which are trending now, but they all should take care of the Sybil through which only the users which works hard and work for the project would be rewarded, not all the users which just sending funds to other wallet and use it to get the airdrops. Which is not a wise solution for the airdrops participants to join it like this.

[asriloni]

I can only hope that I got in too and get some of that free maniiieess!  Now's the time to have some extra dough to buy into alts while everybody is busy getting into BTC and the other majors.

Thats right mate everyone is hoping for one too. But maybe will get some even though the farmers at layerzero are too huge. They should really filter bots or sybil here to protect real users.

Btw guys have you seen this? Not sure if this is a layerzero related case but it seems it is.

https://twitter.com/binance/status/1721513080100622756?t=Z4CvsASO8LyRpMgt3lQmPA&s=19

https://twitter.com/leshka_eth/status/1721522053851893837?t=D5I7vQCNYkOREQ5oFrzNdA&s=19

Speculations but cant seem to be ignore especially layerzero is quite noisy now.

Probably an announcement regarding a new service that will come to the binance app. I have seen many people are also commenting into the symbel that has been mentioned in that trailer as well. Some said it was related to the layer zero airdrop but there are others said that if that is related to the announcement from saga or etc. There have been many speculations regarding this but it seems like that is related to the something like a new card that may be announced by binance maybe.

It's so disgusting to see how lazer zero's community channel being attacked by so many airdrop hunters by saying "WEN AIRDROP SER?".

These hunters were flooding the channel. I don't even think if it's related to the layer zero. My feels said that's related to the a new product from binance.

[libert19]

Same in the case with the Scroll, and many more airdrops which are trending now, but they all should take care of the Sybil through which only the users which works hard and work for the project would be rewarded, not all the users which just sending funds to other wallet and use it to get the airdrops. Which is not a wise solution for the airdrops participants to join it like this.

Sybils do more than that or they learned to when projects started rejecting such addresses (ex, Hop protocol). Anyhow, this doesn't affect much since one can use exchanges, bridges to withdraw from, just requires little more effort than usual.

[tokeweed]

I can only hope that I got in too and get some of that free maniiieess!  Now's the time to have some extra dough to buy into alts while everybody is busy getting into BTC and the other majors.

Thats right mate everyone is hoping for one too. But maybe will get some even though the farmers at layerzero are too huge. They should really filter bots or sybil here to protect real users.

Btw guys have you seen this? Not sure if this is a layerzero related case but it seems it is.

https://twitter.com/binance/status/1721513080100622756?t=Z4CvsASO8LyRpMgt3lQmPA&s=19

https://twitter.com/leshka_eth/status/1721522053851893837?t=D5I7vQCNYkOREQ5oFrzNdA&s=19

Speculations but cant seem to be ignore especially layerzero is quite noisy now.

Some people in the comments seem to be saying that it's Stargate related.  But dunno.  I guess, maybe?  Lol.  

If it's really anything related to Layer Zero then maybe it's gonna be Binance getting onboard and be omnichain.  The easier to do some shenanigans with if rumors about Binance were true.    Not that worried tho...  A lot were said about Bitfinex too and it's still alive.

Anyway what if Layer Zero wants to use Binance as a sort of filter for their airdrop to fight botting.  I guess the only way to fight cheats is to get the airdrop KYC'd.

[cryptoaddictchie]

These hunters were flooding the channel. I don't even think if it's related to the layer zero. My feels said that's related to the a new product from binance.

Yes and its quite noisy already everything is related now to layerzero. Probably it will drop on the least expected date. But Im also curious if the Binance announcement is somehow related or just a new product that binance will launch.

Anyway what if Layer Zero wants to use Binance as a sort of filter for their airdrop to fight botting.  I guess the only way to fight cheats is to get the airdrop KYC'd.

Thats a great idea btw. Also its not impossible especially when they are invested also on layerzero.

[tvplus006]

Yes and its quite noisy already everything is related now to layerzero. Probably it will drop on the least expected date. But Im also curious if the Binance announcement is somehow related or just a new product that binance will launch.

If the upcoming event had something to do with L0, then it would be logical for the event to be announced on LayerZero social pages or at the very least it could have been announced by Bryan Pellegrino, but not CZ. So the announcement of some new product from Binance will be more obvious, and most likely it will be associated with the issue of the card, since the service of the Viza cryptocurrency card is terminated by the exchange on December 15, 2023.

[dbshck]

Thats right mate everyone is hoping for one too. But maybe will get some even though the farmers at layerzero are too huge. They should really filter bots or sybil here to protect real users.

Btw guys have you seen this? Not sure if this is a layerzero related case but it seems it is.

https://twitter.com/binance/status/1721513080100622756?t=Z4CvsASO8LyRpMgt3lQmPA&s=19

https://twitter.com/leshka_eth/status/1721522053851893837?t=D5I7vQCNYkOREQ5oFrzNdA&s=19

Speculations but cant seem to be ignore especially layerzero is quite noisy now.

This turned out to be the announcement for Binance's own Web3 wallet https://twitter.com/binance/status/1722154485928317010. So not related to LayerZero at all


Anyway, update regarding the SSL certificates, seems LayerZero team is denying the rumor. Their CEO said that they weren't the ones who initiated the SSL cert registration. Screenshots here https://twitter.com/KashKysh/status/1721874133305184531

[tokeweed]

^  But how does something like that happen if it's from their own domain?  Something doesn't smell right here.  I mean they could be trying to cover their tracks.  But then again why would they lie about it.

But the good thing tho is he didn't say that the airdrop wasn't happening. 

Anyway another thing that could be used as a filter for the airdrop is it could be a requirement to have staked STG at some date.  So yeah...  If so, I guess I'm out.  Lol.

[cryptoaddictchie]

This turned out to be the announcement for Binance's own Web3 wallet https://twitter.com/binance/status/1722154485928317010. So not related to LayerZero at all

Yeah so that was a rumor of rumor. I thought were gonna have some party again due to layerzero hype. Means the farming continue and go back to normal voluming. Anyway I think its better to leave it out for while and dont think too much of it and focus on some grinding instead. Surely they will launch this year as per screenshots of latest series of their investment which indicated a potential q4 launch of 2023.

[nelson4lov]

Does anyone know for certain if the snapshot has been taken? I'm contemplating getting active with Layerzero usage but there's plenty speculations that the snapshot might probably been taking already. We saw the same with Celestia that took snapshot around January '23 but only announced the airdrop in September - October? I haven't been active for a while on L0 but don't want to miss out either.

[libert19]

Does anyone know for certain if the snapshot has been taken? I'm contemplating getting active with Layerzero usage but there's plenty speculations that the snapshot might probably been taking already. We saw the same with Celestia that took snapshot around January '23 but only announced the airdrop in September - October? I haven't been active for a while on L0 but don't want to miss out either.

No one would know. But if I were to guess, it's taken.

[tokeweed]

^  Yup...  And if you have any decent volume using Layer Zero bridges and protocols, I think doing any more activity looking like you're farming would only hurt your chances.  Just use it when you really need to use it and leave it to the airdrop gods if you got in or not.

Anyway, I haven't seen it yet but somebody told me that OKX tweeted something and it looks like it's something to do with Layer Zero.  After the Binance one, these mofos are prolly just taking advantage of the fact that a lot of folks in CT are waiting for the airdrop?  :/