One of the easiest ways to make money in crypto is receiving an airdrop. You can think of an airdrop as a reward that protocols will distribute to early adopters of their products. This is why trying new protocols in crypto (especially in a bull market) is worth your time.
Today we’ll look at the rumoured upcoming Layer Zero airdrop. This article looks at protocols that use Layer Zero infrastructure to power their protocols. By using the protocols in this article, you can get your wallet listed for the airdrop.
Layer Zero is an on-chain application that can quickly send messages between blockchains. Developers can create applications that use LayerZero to send & receive messages between different blockchains. In other words, the Layer Zero technology makes it easy to quickly and safely exchange tokens across different blockchains.
Layer Zero Airdrop Guide
Establishing a wide footprint across the Layer Zero ecosystem will get you eligible for the airdrop. The more transactions, volume, and unique smart contracts associated with your wallet, the larger your Layer Zero allocation will be.
Aim to move at least $10,000 worth of transactions between these protocols to put yourself in a good position to receive the airdrop. The $10,000 number is cumulative volume, meaning you can transfer $100 100 times until you hit the $10,000 mark. The goal is to build up volume across all these protocols.
While using the protocols below, you can use these checkers to track your progress. The requirements for the Layer Zero airdrop are still unknown, so you’ll see different results depending on which checker you use.
- https://dune.com/karcharodon/checker-layerzero
- https://dune.com/springzhang/layerzero-users-ranking-for-potential-airdrop
- https://www.wenser.xyz
Layer Zero Bridges
ShimmerBridge
ShimmerBridge is a new web app that makes it easy to transfer EVM tokens between blockchains. The ShimmerBridge users Layer Zero smart contracts to execute these transfers.
Use the ShimmerBridge to swap tokens to and from multiple blockchains. Keep in mind, you’ll need gas on new destination chains in order to move your funds.
When bridging to the Shimmer network, you can click “Add” which will give you SMR for transactions on the Shimmer network. Enter an amount between 0.1-1 SMR which is enough to do a few transactions.
You’ll need around $1 (~50 SMR) for every cross chain swap leaving the Shimmer network. You can use the ShimmerSea dex to swap your bridged assets into SMR for gas.
https://shimmersea.finance/swap
Aptos Bridge
With Aptos integrating Layer Zero into their bridge, there’s a good chance that using the Aptos bridge will help you build volume for the airdrop.
The Aptos bridge works similar to the Shimmer bridge: just make sure you leave some APT on the Aptos blockchain to pay for gas.
https://theaptosbridge.com/bridge
The first step for using the Aptos bridge is downloading a wallet for the Aptos blockchain. Pontem is a simple option with an interface similar to Phantom. Download Pontem from your browsers add-on/app store and install.
After installing Pontem, create a new wallet and save your secret phrase and password in a safe place.
Now you can copy your Aptos address and use the Aptos bridge to send funds from an EVM blockchain. After your first transfer, remember to leave some APT in your Pontem wallet to pay for gas fees.
When using the Aptos bridge, you need to have your EVM wallet (Phantom or MetaMask) and your Aptos wallet (Pontem or another choice) connected at the same time. This will allow you to bridge funds between blockchains & wallets.
Make as many transfers as you can across all the different chains connected to the Aptos bridge. You’ll notice that some tokens are only available on certain blockchain. For example, you can’t bridge WETH on the Aptos blockchain to BNB. You have to swap your WETH for USDC (Layer Zero) first, then you can use the bridge to go to BNB. If you find yourself in need a swap, you can use Liquid Swap which is the biggest DEX on the Aptos blockchain.
Touching as many networks as possible will increase your Layer Zero footprint.
Sushi
Sushi is one of the most popular protocols on Ethereum. Sushi started as a DEX, and now they also provide cross-chain swaps. Just like with WOOFI, transfer your assets across different blockchains to build up volume for the airdrop. Remember to avoid the Ethereum chain since you’ll have to pay higher fees.
deBridge
deBridge is another cross-chain swap protocol powered by Layer Zero smart contracts. Just like with the other protocols in this article, try and build up as much volume and transactions as possible with deBridge.
Keep in mind, you’ll need gas whenever you bridge to a new chain.
Select your origin chain, your destination chain, and enter the address you want to receive the funds.
deBridge announced they will airdrop their token to protocol users based on a points system. Points are generated by fees, so basically your fees are a way to buy into a token allocation. deBridge has raised a decent amount in funding which could lead to a lucrative airdrop for regular users.
Bitcoin Bridge
If you’re an OG Bitcoiner, you’re in luck. Bridging Bitcoin with Layer Zero can get you listed for the airdrop.
Using the Bitcoin Bridge through the Core wallet is an easy way to get started. Start by adding the core extension to your browser, then creating a new account.
With your account created, go back to the home page, and click connect wallet.
Next, click Portfolio on the left side of the screen. Then click Bridge once you’re on the portfolio page.
Now you can click the drop-down menu at the top right of the screen and select Bitcoin. This will bring up an address where you can send Bitcoin (from the Bitcoin blockchain) and receive BTC.b on Avalanche. With your BTC now on Avalanche, you can stake and earn rewards and interact with other protocols.
Transferring funds back and forth using the Bitcoin bridge will add to your cumulative volume for the layer zero airdrop. Avalanche will also airdrop some AVAX for transaction fees for every $75 that you send across the bridge.
Angle Bridge
Angle is a Layer Zero protocol that enables fast bridging between EVM blockchains. Again, using the Angle protocol will count toward your total volume for the airdrop.
Simply connect your Metamask wallet to the Angle App and go to the Bridge page.
Once you’re on the bridge page, you can move your funds between the available chains.
Because you need to use Angle coins while bridging (agEUR or agUSD) make sure your destination chain has liquidity for these coins. Arbitrum, Avalanche
Pudgy Penguin Bridge
If you own a Pudgy Penguin NFT, you can use the new Layer Zero bridge to build up volume for the airdrop. You can move your Penguin NFT between Binance Smart Chain, Polygon, and Ethereum.
https://bridge.pudgypenguins.com
WOOFI
WOOFI is a decentralized exchange that offers multiple services to its users. With WOOFI, you can single-side stake certain assets to earn yield and move your tokens across different blockchains with minimal fees.
We want to use the cross-blockchain swap feature to build up volume for the airdrop. All you need to do is transfer funds from one blockchain to another. To make this efficient as possible, only use Proof Of Stake blockchains like Avalanche, Arbitrum, and Binance Smart Chain. If you do swaps on Ethereum, you’ll need to pay the high ETH gas fees, which is an issue if you’re doing multiple transactions to build up volume.
Cashmere
Cashmere is basically a protocol for swaps built on Layer Zero. Cashmere is unique because they protect against MEV bots without users having to do anything.
Since this is one of the first projects on Layer Zero, there’s a good chance that interacting with the protocol will count towards the Layer Zero airdrop.
Complete all the quests and do as many swaps as possible using Cashmere. You can also test the Goeril Ethereum testnet through Cashmere.
https://testnet.cashmere.exchange/swap
Layer Zero Airdrop Summary:
- Use as many protocols as possible
- Aim for $10,000+ in cumulative volume
- Vary bridging patterns (start & end with different blockchains each time you bridge)
- SOL → BNB → ARB → APT → OP
- Stay consistent
- Check the Layer Zero website for new protocols
Layer Zero Airdrop Guide: Add A Zero To Your Portfolio