2 years ago
Arbitrum developers announced an airdrop of its governance token, ARB, to eligible users and DAOs connected the Ethereum Layer-2 platform. An mean idiosyncratic received astir 625 ARB tokens, which corresponds to astir $625 to $1,250, according to pre-launch trading prices and fashionable estimations.
The imaginable of earning escaped wealth has instilled excitement astir users looking to hunt the adjacent airdrop opportunity. The airdrop farming enactment besides benefits the protocols by attracting liquidity and usage to the platform. The strategy is moving good for some protocol developers and users.
Moreover, the team's merchantability of a protocol’s token invokes securities laws, inducing important ineligible hazard for the processing teams. Thus, it is tenable to presume that aboriginal protocols volition usage the aforesaid strategy to decentralize their protocols.
Here are 5 imaginable airdrop opportunities for this year.
zkSync Era
zkSync Era is simply a Layer-2 rollup connected Ethereum based connected the zero-knowledge (ZK) impervious technology. Experts, including Ethereum co-founder Vitalik Buterin, person argued that zk-based EVM-compatible rollups could beryllium a game-changer technology with precocious scalability and throughput, starring to wide adoption.
zkSync has an added vantage of being EMV-compatible, which enables entree to the blockchain done MetaMask wallet itself.
Matter Labs, the squad down zkSync raised $200 cardinal successful December 2022 successful a bid C backing circular led by Blockchain Capital and Dragonfly. Leading decentralized applications connected Ethereum similar Chainlink, Uniswap and Aave has signaled intent to motorboat connected zkSync.
On Feb. 16, 2023, Matter Labs opened the floodgates for registered projects to deploy their codification connected zkSync mainnet. The nationalist deposits volition commencement shortly. Users looking to maximize their chances of gaining an airdrop volition look to amended their on-chain footprint connected the mainnet.
Starknet
Starknet is different ZK-based Ethereum rollup that supports decentralized applications. Starkware, the processing steadfast down Starknet, has confirmed a STARK token and its inferior successful decentralizing the Ethereum Layer-2 network.
The squad has antecedently worked connected StarkEx, an Ethereum scaling motor utilized by autarkic Layer-2 solutions similar Sorare, ImmutableX and dYdX. The occurrence of its erstwhile projects instills assurance successful the occurrence of Starknet.
Starkware launched the Starknet mainnet successful November 2023. The full deposits connected Starnet jumped 45% to $2.49 million aft the Aribtrum token motorboat announcement arsenic users rushed to workplace the adjacent airdrop. On-chain analytics firm, Nansen, witnessed grounds deposits of $3.4 cardinal ETH and DAI connected March 17 to the Starknet ecosystem.
Daily flows to/from Starknet. Source: NansenScroll
Scroll, branded arsenic a “true zkEVM,” is different ZK-Rollup Ethereum Layer 2. It’s akin to zkSync Era, which comes with afloat EVM compatibility. The task raised $30 cardinal successful April 2022 successful an concern circular led by Polychain Capital.
The blockchain is developed by Ye Zhang, a Ph.D. pupil astatine New York University. Scroll’s plan replicates the aforesaid mentation of the Ethereum Virtual Machine arsenic utilized connected mainnet, making it easier for existing Ethereum developers to deploy codification connected Scroll compared to alternatives similar zkSync and Polygon’s zkEVM.
On February 28, the Scroll squad launched connected the Ethereum Goerli testnet, enabling nationalist investigating activity. According to the team, implicit 100,000 users accessed the erstwhile testnet mentation of Scroll. The mainnet motorboat is scheduled for precocious 2023.
Related: Attack of the zkEVMs! Crypto's 10x moment
Sui Network
Sui Network is simply a Move-based Layer-1 blockchain, akin to Aptos, calved from the ashes of Meta's failed blockchain project, Libra. Evan Cheng, who formerly headed Meta's crypto wallet's probe and improvement unit, became the CEO of Mysten Labs, the squad processing Sui.
Aptos Labs launched the blockchain's autochthonal token, APT, connected October 18, 2022, airdropping 20 cardinal tokens to eligible users who minted a circumstantial NFT connected the Aptos testnet. On motorboat day, the airdrop was worthy implicit $1,500. Sui testnet users tin expect a akin airdrop upon mainnet motorboat successful Q2 2023.
On March 21, Mysten Labs launched a Wave to Mainnet campaign, including a "series of events and contented to further amended the assemblage astir the imaginable for Sui protocol." Participating successful the Sui campaigns and processing the integer footprint connected the testnet tin amended the chances of earning a aboriginal airdrop.
Sei Network
Sei Network is simply a Cosmos-based Layer 1 blockchain focusing chiefly connected DeFi and high-frequency trading applications.
The blockchain comprises basal applications specified arsenic an order-matching motor and a unified liquidity exemplary crossed the level to heighten trading experience. The task is backed by manufacture heavyweights similar Multicoin Capital, Coinbase Ventures and Delphi Digital.
The squad launched its incentivized testnet successful Q2 2022 with assorted mission and NFT minting campaigns on the way. Users who participated successful these events volition apt person an airdrop upon mainnet launch. The squad has hinted the motorboat volition hap shortly.
The views, thoughts and opinions expressed present are the authors’ unsocial and bash not needfully bespeak oregon correspond the views and opinions of Cointelegraph.
This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.
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