# Aztec Network Potential 🪂

By [Genuine Airdrops](https://paragraph.com/@gadao.gaia.domains) · 2022-11-28

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**Today's thread is on Aztec Network.**

📌Not confirmed #airdrop🚀 but @aztecnetwork come with a lot of potential to reward their early users.

So, we are here to grab that early user opportunity. 📢@aztecnetwork has a single dex which is zkmoney.

_@aztecnetwork is a big layer 2 ecosystem with around 7 million dollars TVL, And you can see that @zksync also use zk roll-up technology and the same technology is used by @aztecnetwork also._

![](https://storage.googleapis.com/papyrus_images/125b658a7fff410d43e96354d71b386443dfe3da006fb948698fa8bae9ae8037.png)

🧵1/11 **Overview on @aztecnetwork 🗒** ✔️The programmable privacy layer for web3 ✔️Mostly focus on Privacy. ✔️Uses Zkrollup which reduces the transaction cost 🎯Allow users to access world-class defi with maximum cost savings on #Ethereum\_mainnet

🧵2/11 **Fundraise 🔥** AztecNetwork has collected a total of $17 million at its initial stage for the development of the project. The #fundraising statement is for Dec 2021. The project development is done properly as the progress is analyzed. 🔗 [https://www.coindesk.com/business/2021/12/16/ethereum-privacy-startup-aztec-raises-17m-in-paradigm-led-series-a/](https://www.coindesk.com/business/2021/12/16/ethereum-privacy-startup-aztec-raises-17m-in-paradigm-led-series-a/)

🧵3/11 **Overview on privacy provided by Zkmoney👇**

Send zkETH/DAI to any Ethereum address outside of zkmoney - the wallet will receive regular ETH/DAI tokens. (Etherscan will show the funds were sent from Aztec’s contract, which doesn’t expose the sender.

See attached picture

![](https://storage.googleapis.com/papyrus_images/51c9781ddc16f5baff97875acc8d74cf802741b15557d8c774eb29806449166b.png)

🧵4/11 \*\*🗒 Tasks to be performed 👇 \*\*✅Register an account on Zkmoney ✅Deposit fund from #Ethereum mainnet ✅Use dex features like earn and trade ( trade is not available now but use when it will be in the future)

🧵6/11

Creating an account on Zk.money 1️⃣Click on the link below🔗 [https://zk.money/](https://zk.money/) 2️⃣Click on the shield  
3️⃣Click Retrieve aztech address 4️⃣Retrieve the spending key copy it and keep it safe📌 Have to sign in to your wallet multiple times during the process

![](https://storage.googleapis.com/papyrus_images/cab0086aacac768f42fcf6dcace7fab6fd38df64ff7ef2aeb9dd244cb05c24d5.png)

🧵5/11 After clicking on the next new page will appear with registration detail👇 ✅Choose an alias any username you want ✅Choose default speed for low fees ✅Deposit minimum of 0.01 eth not less Now a new page will appear with the wallet balance

![](https://storage.googleapis.com/papyrus_images/f7f4c4d4a73e0722d2e016989e7cbdd51ee1f89c892e4da182a75d160cadbd1d.png)

🧵6/11 Now under transaction history 👇 You see your transaction along with green ticks. ✔️Single tick  
✅ means the transaction is not settled only confirmed on blockchain ✔️✔️Double tick ✅ means the transaction is settled.

![](https://storage.googleapis.com/papyrus_images/d7a599aaa8e8e207cc3632f471ebae33d796428a37bc220abc4ecc59c76fb90e.png)

🧵7/11 Now perform the dex task i.e Earn (only available) 1️⃣Click on the earn section 2️⃣Choose any I will choose lido 3️⃣ Click on earn and enter the amount & select min speed for low fees 4️⃣Click next and confirm the transfer The transaction will settle within 8 to 10 hours.

![](https://storage.googleapis.com/papyrus_images/887523736e7797e1f9cb309d847792646798f4852d68a5251456f7359763d085.png)

🧵8/8 Wait for updates for the trade section to be ready for use. For updates regarding Zkmoney join their discord.🔗Discord link:

[

Join the Aztec Network Discord Server!
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This is a place for Aztec developers to gather, ask questions, discuss and learn about Aztec. | 178949 members

https://discord.com

![](https://storage.googleapis.com/papyrus_images/0a21607d86308b9faa4601e561609775c5890e7b982f6b82b4982b21a4888d8e.jpg)

](https://discord.com/invite/aztec)

Be regular on their discord many AMAs and another role-getting opportunity will be available soon.

🧵9/9 **_Make sure to ❤️Like & 🔁Retweet & Follow us_** [**_@GNAirdrops_**](https://twitter.com/GNAirdrops) **_on Twitter Turn On 🛎bell Notification._**

**_👉🏻Follow us on TG for instant Update/info:_** [**_https://t.me/GNairdrop_**](https://t.co/rkP1YZdhHe)**_🙏🏼_**

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*Originally published on [Genuine Airdrops](https://paragraph.com/@gadao.gaia.domains/aztec-network-potential)*