Recently, the LayerZero team made a large transfer to the market maker Wintermute. Is a token distribution approaching? Half a month after ARB transferred funds to market maker Wintermute, ARB officially announced airdrop news.
Let's discuss the airdrop criteria of some previous projects.
To summarize the key criteria of past airdrops:
ARB: Transfer assets cross-chain to Arbitrum, engage in long-term trading on Arbitrum, and interact with different smart contracts on Arbitrum based on trading volume size.
OP: Transfer assets from Layer 1 to Optimism, maintain weekly trades (for at least 4 weeks), interact with different Dapps, and participate in DAO voting.
For the LayerZero airdrop, in addition to the above criteria, there are rumored requirements:
More than 5 transactions, more than 2 cross-chain activities (via cross-chain bridges), and interaction with more than 3 smart contracts.
Clearly, LayerZero airdrop has a minimum requirement:
More than 2 cross-chain transactions on LayerZero, over 5 transactions on LayerZero, and interaction with more than 2 different smart contracts.
LayerZero's CEO, Bryan Pellegrino, has repeatedly hinted at possible LayerZero airdrop interaction rules and sybil attack prevention measures, further suggesting the certainty and validity of the airdrop. On July 1, the CEO publicly discussed that the monthly interaction amount for genuine and effective wallet addresses on LayerZero should be no less than $455 (based on Stargete's monthly average transaction amount). Regarding sybil attacks, the CEO also mentioned that the officials have marked some wallets that use extremely low amounts for cross-chain operations to ensure the rights of real users.
https://twitter.com/PrimordialAA/status/1675162293569744896
Interacting on LayerZero for a quick 10 minutes and paying less than $10 in gas fees might yield rewards. The point is, you might not get the airdrop if you interact, but you definitely won't if you don't. Regardless of the airdrop, traders won't lose anything.
Below are some projects I believe one must interact with:
@StargateFinance, a star project. [https://stargate.finance] Interaction with STG is almost inevitable. You can cross-chain, provide liquidity, stake $STG, and vote in the DAO. This project's weight in LayerZero's evaluation might be significant, especially since the LayerZero CEO used it as an example.
@RDNTCapital, [https://app.radiant.capital/#/markets] ARB's leading lending project. You can deposit tokens in the source chain, borrow tokens on the target chain, and then repay/withdraw.
@Tearing_Spaces, [https://tearingspaces.com/ ] Pay attention to recent projects that interacted on LayerZero's Twitter. This game project has released a tutorial on how to cross-chain weapon NFTs, getting interactions on both ZK and LayerZero for the cost of one. It costs about 20 Matic. The official recommendation is to have at least 15 MATIC or 0.0005 ETH. First, purchase their NFT weapons on OpenSea for about 10 Matic, then register on their website and link your wallet. Use the Swap page to cross-chain the weapon from Matic to ZK using LayerZero's ONFT (universal non-fungible token) standard.
After a successful cross-chain transfer, a confirmation will be displayed.
Lastly, wishing everyone more interactions and successful airdrops!