Layerzero Speculation airdrop

[cryptoaddictchie]

the team will definitely face a dilemma: pay a small amount of coins to each address or reduce the number of addresses by introducing stricter criteria for receiving airdrop.

I agreed. With so many farmers or users that join the layerzero potential retro drop. I can sense that they are really gonna change the criteria to be able to give an ample chance to probably users deserved it. This might not be a general airdrop for all considering how many users want to received the airdrop. Its like they want to give everyone but with the current numbers of participants are too diluted already.

[rhomelmabini]

That's a hefty price tbh and they aren't still saying what are the requirements to be eligible for this airdrop when it comes that money be slashed through fees they wouldn't refund it either way. I hope theybshould at least say what are the minimum requirements to be eligible for the airdrop at least.

[adaseb]

If you guys want the best chances of getting this airdrop or Zksync. You should try and use your address on the ethereum network. From what I recall ARB didn't have this as an requirement but I feel the airdrop for LayerZero and Zksync will be checking to see if the main ethereum chain has transactions.

When they see that the address was used only a few times and only on one network that wasn't Ethereum, then they will disqualify you or they will just lower the airdrop amount. Most people won't qualify this way most likely since they are farmers and there is no reason for them to use the main ethereum chain.

[cryptoaddictchie]

I hope theybshould at least say what are the minimum requirements to be eligible for the airdrop at least.

For me its not good to have some info about it. Any leka might lead to spreading as always. Most airdrops thatvare high quality didnt do any hints but a surprise one. Yes they could say about a potential drop but leaving any details could derail the potential value of it due to massive farmers would take this as huge opportunity. The strict or the lesser the better I guess. With figures of users interacting now, I am starting to think if the value would be still worh it lile previous huge drops.

[tvplus006]

If you guys want the best chances of getting this airdrop or Zksync. You should try and use your address on the ethereum network. From what I recall ARB didn't have this as an requirement but I feel the airdrop for LayerZero and Zksync will be checking to see if the main ethereum chain has transactions.

When they see that the address was used only a few times and only on one network that wasn't Ethereum, then they will disqualify you or they will just lower the airdrop amount. Most people won't qualify this way most likely since they are farmers and there is no reason for them to use the main ethereum chain.

As for using the zkSync network, you can use the official bridge https://bridge.zksync.io/withdraw, but not for L1->L2, but on the contrary L2->L1. Thus, the cost of a transaction from the zkSync network to the Ethereum network will be 40 cents, instead of $15.

[cheezcarls]

...Have you tried the NFT Copilot bot?..

Using such bots will make sense if you are going to pump hundreds of wallets to get an airdrop from LayerZero. In the event that you have several wallets, it will not be difficult to interact with the blockchain manually. And besides, you don't have to spend money to buy this bot.

Thanks for your response - it's duly appreciated although I was asking if anyone has actually tried out the bot to interact with layerzero supported chains. I haven't used any bots to make those interactions, just asking incase someone has first hand experience using it so I can make an informed decision. At the end of the day, these are all tools.

I stumbled on a posts were the Layerzero CEO gave his opinion about sybil accounts participating and proceeded to say that he isn't bothered about it.

So it means that he really cared less about Sybils and focused more on the activity and usage of LayerZero. I saw that interview on Twitter shared by one of the alpha airdrop hunters that I’ve followed.

The truth is either Sybil or not, the network still benefits from it due to the transaction fees being generated within their network.

As of now I only have a few transactions generated in LayerZero whether minting and bridging an NFT to supported chains and using other Dapps that would interact in this network.

I am more focused on Linea, zkSync ERA and Polygon zkEVM in the mainnet. Will add Starknet and Base to my list of mainnets to farm as well.

[tokeweed]

It's not really because Bryan Pellegrino isn't bothered by it, it's because they don't really have a choice.  These things will always get gamed, so their move is either go on with the airdrop, look the other way and say they're not bothered with it or cancel the airdrop and do something like what SUI did.  The latter would def be frowned on by the community.  Esp the ones who already done their fair share of sweat equity in using the protocol.  Lol.

To date, there are 2.7 million addresses in LayerZero, which far exceeds the number of addresses that have received airdrop from Arbitrum. Thus, the team will definitely face a dilemma: pay a small amount of coins to each address or reduce the number of addresses by introducing stricter criteria for receiving airdrop.

I think the latter is the better option imho.  I mean they have to as not doing it would like give more possbility to still be airdropping some amounts of tokens to just one guy who botted the airdrop with multiple wallets.  And there's also a better chance to reduce the tokens ending up with the botters than having the honest users missing out on the airdrop.  But again, IMHO. 

Where'd you get the info that there's 2.7 million eligible addresses?

[Adbitco]

I think I will start diversifying my interest in various altcoin and projects, sincerely speaking I am way back in terms of newly projects and altcoin information, if not for few altcoin back then I followed up I don't know of the recent currently. However airdrop are sometimes very rewarding but most people have jeopardize the purpose of airdrops. Well since I know less about the project I won't further talk anything else against this airdrop as i believe it's coming from a trusted user.

[abel1337]

It's not really because Bryan Pellegrino isn't bothered by it, it's because they don't really have a choice.  These things will always get gamed, so their move is either go on with the airdrop, look the other way and say they're not bothered with it or cancel the airdrop and do something like what SUI did.  The latter would def be frowned on by the community.  Esp the ones who already done their fair share of sweat equity in using the protocol.  Lol.

To date, there are 2.7 million addresses in LayerZero, which far exceeds the number of addresses that have received airdrop from Arbitrum. Thus, the team will definitely face a dilemma: pay a small amount of coins to each address or reduce the number of addresses by introducing stricter criteria for receiving airdrop.

I think the latter is the better option imho.  I mean they have to as not doing it would like give more possbility to still be airdropping some amounts of tokens to just one guy who botted the airdrop with multiple wallets.  And there's also a better chance to reduce the tokens ending up with the botters than having the honest users missing out on the airdrop.  But again, IMHO. 

Where'd you get the info that there's 2.7 million eligible addresses?

Even with complex rules in airdrop projects, abusers still finds a way to exploits projects and profit from it. Real people are the one who are suffering given that the reward pool of projects are being reduced as joiners exceeds. I wonder how much abusers made from the easy airdrop like akhram when so many people missed their chance on getting their probable airdrop tokens because they missed some requirements. 2.7 million addresses are so mamy that it's obviously botted or abused.

[tvplus006]

...Where'd you get the info that there's 2.7 million eligible addresses?

There are a huge number of services that allow you to track statistical information about L0, which allow you to get comprehensive statistics not only about the L0 network, but also specifically for each wallet that carried out transactions in LayerZero. Here I will give one of them that I use: https://dune.com/cryptoded/layerzero

[AmoreJaz]

If you guys want the best chances of getting this airdrop or Zksync. You should try and use your address on the ethereum network. From what I recall ARB didn't have this as an requirement but I feel the airdrop for LayerZero and Zksync will be checking to see if the main ethereum chain has transactions.

When they see that the address was used only a few times and only on one network that wasn't Ethereum, then they will disqualify you or they will just lower the airdrop amount. Most people won't qualify this way most likely since they are farmers and there is no reason for them to use the main ethereum chain.

we don't know their actual requirements but would be good if you will cover all possible angles if you are really into getting their airdrop. you can also get hints from what they are saying in their social media channels. it won't hurt checking their channels to see what they are currently up to. the success of the airdrop depends on the people behind it, to what extent they will develop the project before it hits the trading platforms.

[shinratensei_]

That's a hefty price tbh and they aren't still saying what are the requirements to be eligible for this airdrop when it comes that money be slashed through fees they wouldn't refund it either way. I hope theybshould at least say what are the minimum requirements to be eligible for the airdrop at least.

i guess they won't, the unannounced criterie was kept so that they don't get overflowed by people that purposefully use the platform just so that they could be eligible for the airdrop criteria.
its just their part of strategy to keep the rewards high I guess.
after all there are so many used this platform already and I think the airdrop also won't be that significant but then again we don't know for sure.
after all speaking from the past experience with some other platform that did a retroactive airdrop, they just never reveal the criteria until the day of the airdrop claims.

[tvplus006]

...I stumbled on a posts were the Layerzero CEO gave his opinion about sybil accounts participating and proceeded to say that he isn't bothered about it.

So it means that he really cared less about Sybils and focused more on the activity and usage of LayerZero. I saw that interview on Twitter shared by one of the alpha airdrop hunters that I’ve followed.

The truth is either Sybil or not, the network still benefits from it due to the transaction fees being generated within their network...

Given the fact that there are more than 2.7 million active wallets registered on the network, it can be assumed that their owners have left enough money to be qualified to receive airdrop. In addition, it is safe to say that L0 is really 100% tested by such a large number of transactions. So the team should be pleased with such increased attention from users.

[tokeweed]

...Where'd you get the info that there's 2.7 million eligible addresses?

There are a huge number of services that allow you to track statistical information about L0, which allow you to get comprehensive statistics not only about the L0 network, but also specifically for each wallet that carried out transactions in LayerZero. Here I will give one of them that I use: https://dune.com/cryptoded/layerzero

An got it...  But I don't think all 2.7 million them will be eligible for the airdrop tho as I'm pretty sure a lot of users own multiple addresses all at once.  And as you guys already pointed out, the guys Layer Zero are aware of the shenanigans going on.  I'm pretty sure it will be filtered down and prolly less than 100k addresses will be eligible.  Maybe even less.  Dunno...

Anyway, I think we'll have a list of eligibility in a couple of months.

[tvplus006]

An got it...  But I don't think all 2.7 million them will be eligible for the airdrop tho as I'm pretty sure a lot of users own multiple addresses all at once.  And as you guys already pointed out, the guys Layer Zero are aware of the shenanigans going on.  I'm pretty sure it will be filtered down and prolly less than 100k addresses will be eligible.  Maybe even less.  Dunno...

Of course, there will definitely be minimum criteria for obtaining airdrop. Accordingly, those who have completed several transactions for the minimum amount will be filtered out. But if we take into account that the Arbitrum team distributed airdrop for 600 thousand wallets, despite the fact that 1.5 million active addresses were registered on the network, your assumption that airdrop will receive about 100k wallets looks too small.

[cheezcarls]

If you guys want the best chances of getting this airdrop or Zksync. You should try and use your address on the ethereum network. From what I recall ARB didn't have this as an requirement but I feel the airdrop for LayerZero and Zksync will be checking to see if the main ethereum chain has transactions.

When they see that the address was used only a few times and only on one network that wasn't Ethereum, then they will disqualify you or they will just lower the airdrop amount. Most people won't qualify this way most likely since they are farmers and there is no reason for them to use the main ethereum chain.

As for using the zkSync network, you can use the official bridge https://bridge.zksync.io/withdraw, but not for L1->L2, but on the contrary L2->L1. Thus, the cost of a transaction from the zkSync network to the Ethereum network will be 40 cents, instead of $15.

I have never used their official bridge yet. I mostly use Orbiter Finance and Symbiosis to bridge to and from zkSync Era and other chains while I am farming retroactive drops here and there.

But this one got me interested however that it only cost approximately 40 cents to transfer from zkSync Era to Ethereum.

As for Linea mainnet when trying their native bridge, I usually waited like 20 minutes before it credited to my balance. But using Orbiter however only takes me a few minutes to wait.

[tokeweed]

An got it...  But I don't think all 2.7 million them will be eligible for the airdrop tho as I'm pretty sure a lot of users own multiple addresses all at once.  And as you guys already pointed out, the guys Layer Zero are aware of the shenanigans going on.  I'm pretty sure it will be filtered down and prolly less than 100k addresses will be eligible.  Maybe even less.  Dunno...

Of course, there will definitely be minimum criteria for obtaining airdrop. Accordingly, those who have completed several transactions for the minimum amount will be filtered out. But if we take into account that the Arbitrum team distributed airdrop for 600 thousand wallets, despite the fact that 1.5 million active addresses were registered on the network, your assumption that airdrop will receive about 100k wallets looks too small.

I guess we'll have to see how strict they are at filtering out those very active addresses that make small transactions everyday which clearly are those guys who are trying to game the airdrop. 

But I'm thinking if ever I'm eligible, I'd rather they filter it out more addresses more strictly so the airdrop could have a higher possibility if giving out more per address rather than having a million addresses and give out less.  Lol. 

[OcTradism]

I guess we'll have to see how strict they are at filtering out those very active addresses that make small transactions everyday which clearly are those guys who are trying to game the airdrop. 

But I'm thinking if ever I'm eligible, I'd rather they filter it out more addresses more strictly so the airdrop could have a higher possibility if giving out more per address rather than having a million addresses and give out less.  Lol. 

Small or big transactions, do transactions daily or after some weeks or months, they are not enough to convince one wallet address belongs to a real user or an airdrop, bounty hunter. It is hard to identify with very raw and on tip of iceberg data like these.

Projects will use more conditions, parameters to filter as many cheaters as possible from abundant addresses. Last but not least, no assessment will be able to filter and prevent cheaters to claim or to receive many tokens. It will drain more resource financially to support the project in development and marketing.

[nelson4lov]

~Snipped

Of course, there will definitely be minimum criteria for obtaining airdrop. Accordingly, those who have completed several transactions for the minimum amount will be filtered out. But if we take into account that the Arbitrum team distributed airdrop for 600 thousand wallets, despite the fact that 1.5 million active addresses were registered on the network, your assumption that airdrop will receive about 100k wallets looks too small.

I won't be surprised if the L0 team takes a similar route otherwise, the rewards will be severely diluted. I know the CEO has made his stance known but I do think that they would take some initiatives from OP and Arbitrum to ensure that they distribute majority of the allocation to a wider range of its coming. I expect the total number of registered address to hit 5M or more prior to the snapshot date.

At this point, the more L0 makes huge, the more people will interact with it even if some of those users will be sybil.

Btw, has anyone tried this new service from Merkly team? https://twitter.com/merkly_com/status/1686074853672042526?s=19 gives users several options to interact with contracts on L0.

[tvplus006]

...Btw, has anyone tried this new service from Merkly team? https://twitter.com/merkly_com/status/1686074853672042526?s=19 gives users several options to interact with contracts on L0.

This is a very convenient and cheap gas bridge that allows you to refuel gas in any network using the LayerZero network. At the same time, transaction costs can reach only a few cents, depending on the network you choose. Thus, using https://minter.merkly.com/gas you can easily increase the number of transactions in L0 for little money.