Ultimate Guide to LayerZero Airdrops: How to Participate and Maximize Your Rewards
In this thread, our aim is to minimize gas fees as much as possible. This is the best strategy for those who have a tight budget. It is important to note that this strategy is speculative, but it is better to have some transactions than none at all.
LayerZero, The Backers
We are going to cover these dapps: The Aptos Bridge, Pancakeswap, Stargate Finance, Liquidswap, & Testnet Bridge (Mainnet to GETH).
After you made any transactions from the said dapps above, You may check your transactions count here Cryptoded Dune Analytics.
Please refer to the image below for an example.
Before we proceed, we will share the most important strategy. Are you ready?
If you have a tight budget, it is best to make 1-3 transactions per week from any of these strategies, rather than completing all the tasks at once. However, if you have enough funds, you can complete all the tasks in a day and repeat the process after a week.
To increase your chances of success, ensure that you are able to create a transaction every week, as consistency is key.
It is recommended that you interact with as many of these dapps as possible.
Now that you are aware of the most important thing, are you ready to start?
Step 1
Go to theaptosbridge.com and download the Martian Wallet if you don’t have. Prepare your Metamask Wallet as well.
*What you need is Aptos (APT) for Martian Wallet and AETH (Arbitrum ETH) / OETH (Optimism ETH) for Metamask Wallet
If you don’t have Aptos (APT), AETH or OETH you can get it from Binance.
Note: Arbitrum ETH and Optimism ETH are the lowest cost you can do but if you have enough funds you can bridge your funds using Ethereum Network
Step 2
When your funds are ready, you can start bridging your funds. As you can see the image below, I am using Arbitrum ETH. My Metamask and Martian Wallet is connected and ready to transfer.
But as your first time interaction with theaptosbride.com you need to approve the contract and then after that you can click the transfer when you are ready.
The gas cost is only $0.28 as the time of writing. Cheap, isn’t?
After clicking the confirm button, your funds will be transferred to your Martian Wallet. The transfer time may vary from 3-10 minutes, depending on network congestion.
Congratulations on completing your first transaction using Layerzero! :) More ahead…
Step 1
Your funds is already in the Martian Wallet, add SWAP your WETH to lzUSDC/lzUSDT and add some liquidity then remove after that let’s proceed to the bridge.
Step 2
The bridge in Liquidswap make sure the dapps is connected to Martian Wallet and to Metamask. We are going to bridge your WETH (Aptos network) to Optimsm ETH (OETH), why Optimism Network? because that’s the lowest fee we can get. :)
Note: You will need some ETH in your Optimism Network. You can get it thru Binance.
After approving the arrival of your funds, it may take some time to reflect in your account, typically ranging from 2-5 days. This is normal and nothing to be concerned about. While waiting, you can take a break and enjoy a cup of coffee or participate in potential drops.
While waiting you may check your transactions count here Cryptoded Dune Analytics.
Come back to this thread once your ETH has been successfully credited to your Optimism Network account.
……..
Welcome back!
Let’s go to Stargate Finance
We are going to bridge your OETH (Optimism ETH) to AETH (Arbitrum ETH) Yeahh.. We are going to use the Arbitrum network again to use the next dapps. So hang on….
Go to Stargate Finance Transfer, bridge your OETH to AETH.
You can also add ETH to Stargate Pool, Farming and stake some STG to get veSTG to have a voting power, you can use that in Stargate Finance DAO
When you are done exploring Stargate Finance and your AETH is ready. We are going to the next dapps.
Step 1
Connect your wallet to Testnet Bridge and switch to Arbitrum ETH. We are going to buy some gETH that can be use in other testnets.
Step 2
Bridge any amount (don’t go higher from this) 2-4 gETH will be enough. That will cost you around 0.0003 AETH or $0.6 cents for the gas fee, please check the image below
The total cost for this dapps is only $2.5. :)
Step 1
Go to Pancakeswap Bridge Make sure to connect your Metamask and Martian Wallet again.
Bridge the amount you wanted and check the gas cost as time of writing. :) only $0.3 cents.
When using Pancakeswap It will be the same feels when you are using The Aptos Bridge.
Wait for 3-10 minutes and when your ETH credited interact with Pancakeswap using Swap, and Liquidity features.
To bring back your WETH (Aptos) just simply use the other bridge or use Pancakeswap Bridge to bridge out in your Metamask wallet. Like before, bridging out from Aptos to Metamask will take longer than usual.
The shortcut is swap your WETH to APT using any dapps with Swap features, and deposit your APT to Binance. :)
You may check your progress here Cryptoded Dune Analytics. Just simply paste your address
I hope it will help you in your Layerzero airdrop strategy journey. Don't hesitate to ask if you have any further questions or need any assistance. You may contact me via Telegram & Twitter @n_bdyx
If you found it useful please consider minting it as an NFT. By doing so, it would provide me with a platform to share my insights with a broader audience. Let's work together to create something special and valuable for the crypto community. Thank you for your consideration!
Disclaimer: DYOR, or "Do Your Own Research," is an important principle for anyone interested in cryptocurrency or any investment. Always take the time to research and understand the risks and benefits of any investment opportunity before making a decision. Remember, no one can predict the future of the market, and ultimately it's up to you to make informed decisions based on your own research and analysis.